1. There may be ideas that are no- or low-cost to you but that are high value to staff like flexible schedules, built-in sick time for vaccine reactions, or employee discounts negotiated with your vendors, maybe even offering insurance for fluffy friends. WebWe are now known as the Opus School of Music and Conservatory. (acquired by VMware) He earned his BS in Accounting and BBA in Finance from the University of Kentucky. We work with business owners, boards and trustees. Whats the timeline? WebOpus Capital Advisors of Raymond James: 824 S Osprey Avenue // Sarasota, FL 34236; T 941.250.3560; D 941.250.3563; D 941.250.3558; Maps and Directions Maps and Directions Some defined benefits plans offer lump sums as an ongoing option. High-quality corporate bond yields the interest rates used to value lump-sum payments from a pension plan under Employee Retirement Income Security Act reached elevated levels not seen in quite some time. You can generally expect a fixed amount per year. This website is for informational purposes only and does not constitute a complete description of our investment services or performance. Conduct an audit of your current benefits package. Wagner is an employee of Aptus Capital Advisors, LLC. It is important to do your due diligence when looking for an advisor. (acquired by Corning, Inc.) At Opus Capital Advisors of Raymond James, we are devoted to excellent work. WebOpus advises Pinnacle Power on its sale to DIF Capital Partners Sector: Energy Transition & Climate Change. What will work? Wed love to hear from you. Expertise to support the unique needs and goals of non-profits. (acquired by Marketo NASDAQ: MKTO) And as you'll find in the firm's Corporate Responsibility Report, this commitment drives our mission to build a more sustainable future for all through environmental, social and governance best practices. Young firm with bright individuals that all have a desire to win. The calculation is complex; there are actually three different rates or segments, based on a number of factors, including ones life expectancy. Deciding on annuitized payments versus a lump sum takes some tricky math. Based on that information, we match you with financial advisors near Make sure your current benefits package is meeting your employee populations needs. Ray has always believed that the financial and investing landscape presents a genuine opportunity to make a positive difference in the lives of clients. The existence of a fiduciary duty does not prevent the rise of potential conflicts of interest. Our matching tool simplifies the process of finding a financial advisor. Because of the complex math involved, you can see that current interest rates have an outsized effect on your lump-sum calculation, particularly in a rising rate environment. WebWith experience as both executives of companies and investment banking advisors in many areas, we bring a unique degree of understanding to meeting different capital needs. From the inception of Opus Capital Advisors, Raymonds intention was to create a firm where client objectives and confidence in their advisor were of greatest significance. ("Adviser(s)") with a regulatory body in the United States that have elected to participate in our matching Pinnacle Power [], Opus is pleased to have advised the shareholders of Levelise Limited on its sale to BU-UK Infrastructure Group, a leading independent provider of multi-utility networks [], Opus is pleased to have advised Piclo on its Series B fundraise. Talk to your advisor about potential budget and tax implications. We offer individualized beginner, intermediate, and advanced lessons to adults and children as young as three. Adding health savings accounts may have some tax advantages all around. Whats a stretch? And its one that could pay off in reduced attrition and happier employees. Your trust is our top concern, so businesses can't pay to alter or remove their Consider a confidential survey or talking to employees to find out if their benefits needs and desires are being met. Sources: Worker Participation in Employer-Sponsored Pensions: Data in Brief, Congressional Research Service, as of November 2021; segalco.com; mainstaycapital.com; forbes.com; cnbc.com. 824 S Osprey Avenue // Sarasota, FL 34236. Aptus Capital Advisors website and its associated links offer news, commentary,and generalized research, not personalized investment advice. Helping you establish and oversee a variety of plans. (which will reduce returns). Of course, interest rates have increased in the last 12 months, along with inflation. Talk with your advisor and accountant to see which way to go here. Others only do so for a limited time. Enterprise Software as a Service for product managers. Map survey results against current benefits and note any gaps. Networking and switching equipment, (NASDAQ: CIEN) Financial management fees usually are based on which services the firm provides the client. firms or advisors. Evelyn Lassman is an experienced finance professional with over 20 years of financial, accounting and investment banking experience. which it authorizes the use of by individuals who successfully complete CFP Boards initial and ongoing certification requirements. David resides in Mt. Opus is pleased to have advised the shareholders of Pinnacle Power There are many factors that come into play, and your human resources department, plan administrator and professional advisors can help you parse the details. He has transitioned his love of the game to developing young women as a recreational league coach with Sharon Springs, travel team coach with Sharon Springs and Midway Park, and high school coach at Kings Ridge Christian School. The funding round was co-led by Future Energy Ventures and Clean Growth Fund, []. Managing Director. (acquired by Telit Communications, Plc.) Do you have the discipline to properly manage that lump sum so that itll benefit you over your lifetime? (acquired by Webtrends) Find out what weve been up to recently. This page contains links to SmartAssets financial advisor matching tool, which may or may not *The number of years registered in this profile is calculated by taking the year of an advisor's first active registration and subtracting it from the current year. Just how big that effect is may rely on the answers to these two questions, which youll want to know before navigating the numbers. Leveraging over 60 years of operating experience at market leading companies such as AOL, Decru, EFI, Juniper Networks, Radius and UUNet, Opus Capital If you want your profile removed temporarily or permanently, SmartAsset does not Aptus Capital Advisors is a Registered Investment Advisor (RIA) registered with the Securities and Exchange Commission and is headquartered in Fairhope, Alabama. All investing involves risk, including We work with committed, knowledgeable, high integrity entrepreneurs who have a vision for how their unique technology can create new markets. After earning a bachelors degree in business from the University of Georgia, he garnered more than 20 years of industry experience and knowledge as a financial advisor at Prudential, Wachovia, Wells Fargo and Morgan Keegan. We harness deep relationship networks and commit to your goals. There are several methodologies for the interest-rate calculation, and the calculations can be made monthly, quarterly or annually. But there may still be opportunity. When the rates rise, the payout decreases and vice versa. YCD provides comprehensive systems for digital signage networks and high impact AV applications. all available advisors and firms and matches based on specific criteria (investable assets, GainSpan semiconductor and software solutions break new ground in Wi-Fi applications by enabling years of battery life for Wi-Fi sensors and other devices. Over the course of their career, Wagner has held roles at Aptus Capital Advisors, LLC, Driehaus Capital Advisors, Opus Capital Advisors, Xavier University, 824 S Osprey Avenue // Sarasota, FL 34236. Wanova provides Distributed Desktop Virtualization solutions that transform how companies manage, support and protect their desktops and laptops. Established in 1962, Raymond James has grown to become one of the largest, most well-respected independent financial services companies in the country. Opus has always advised companies from across the world of sustainability. Born in Philadelphia, Pennsylvania, and raised in Sarasota, Florida, Ray lives in Cumming, Georgia, with his wife, Kimberly, and their daughter, Shelby. Our matching tool has connected more individuals with financial advisors WebAptus Capital Advisors is the advisor to the Opus Small Cap Value ETF which is distributed by Quasar Distributors, LLC. Some pension funds even take an average to figure out their lump-sum payments. (acquired by Ricoh USA) choosing a financial advisor. A recent Accenture survey says retirement benefits are a must-have to retain and attract talent 68% of workers with pension/retirement plans said those benefits were a critical factor in deciding whether to accept a job and 62% said they were a critical factor in staying with a job. treatment or consideration in SmartAssets profiles. in the aforementioned profile. Want to know more about how we can help you? (acquired by Believe Digital) match you with the advisor or firm mentioned in this profile. WebOpus Capital Advisors of Raymond James: 824 S Osprey Avenue // Sarasota, FL 34236; T 941.250.3560; D 941.250.3563; D 941.250.3558; Maps and Directions Maps and Directions financial professional and firm. After all, it can empower each of our clients to give the utmost attention to living their life for themselves and their families. He also earned his For more information visit our cookie policy. Your HR team should be able to draw up a comprehensive list of whats available to every employee. Adjunct Professor, Woodrow Wilson School of Public and International Affairs at Princeton University; Former U.S. Lookout, Ohio with his well-accomplished dog, Saddie. Involved in his community, he is an active member of Northpoint Community Church and has been a youth softball coach for 13 years strong. Eye-Fi solutions provide direct connectivity to photo service endpoints at retail, online and at home. Insightera is the first learning B2B personalization and targeting platform. guarantee the accuracy of the content. Serge Plotkin is a venture partner for Opus Capital, where he sources and evaluates investment opportunities and contributes technical assistance to portfolio companies. Registration does not imply a certain level of skill or training. His unique experience winning an NCAA National Championship and playing within the New York Yankees organization established a foundation of excellence and high achievement that Ray brings to each client that Opus serves. loss of principal. He also earned his MBA specialized in Finance from Xavier University in Cincinnati, OH. This periodic benefit reevaluation is also a way to signal to employees that you are responding to their needs in real-time a factor that in and of itself can be a value. Paramount to the team is continuing to strive for excellence in all they do to benefit their clients. SmartAsset did not receive compensation for including any of the firms or advisors Learn About the Best Places for Retirement, Portfolio management for individuals and/or small businesses, Portfolio management for investment companies. Independent, international and resourceful. We believe that putting clients needs first is the best way to ensure their success and, in turn, the long-term success of our advisors and the company. Founder and Chairman of the Board of Directors of Robertson, Stephens & Company, Chairman and CEO, BankAmerica Corporation (Retired), Chairman of the Board, TD Bank Financial Group. Space-Time Insight helps electrical power utilities and other critical infrastructure companies view real-time operating status in a geospatial context for rapid understanding and fast response time. services are limited to referring users to third party advisers registered or chartered as fiduciaries What rates are used for the lump-sum calculation? Be sure to consult with a tax professional before implementing any investment strategy. Phil brings nearly 40 years of venture capital investing experience to Opus, having been a founding partner of Weiss, Peck & Greer in 1971, and having provided continuity of leadership of the firm since that time. A rising interest rate environment is bound to have a negative effect on lump-sum payouts. The matching tool does not include Rodger Desai CEO Payfone Our partners work side-by-side with our dedicated team on every assignment. This profile may include a firm or advisor that has a business relationship with SmartAsset, in As will inflation. you who suit your needs. Helping you manage your financial success. (acquired by Sprint PCS NASDAQ: S) financial advisors nearby, we ask you a series of questions about your retirement plans, life (NASDAQ: NILE) Financial planning services, Portfolio management for individuals and/or small businesses, Portfolio management for investment companies, Pension consulting services. 824 S Osprey Avenue // Sarasota, FL 34236. The key is to figure out your funds approach and review the summary plan description with the plan administrator, so you know what youre dealing with. Investing the time into a benefits audit is a good routine practice to get into annually or (acquired by VMWare, Inc. NYSE: VMW) Opus has been instrumental from the start in helping to shape Payfone from an idea to a company. Answer a few questions to get a personalized match. please contact [email protected]. Nothing on this website should be interpreted to state or imply that past results are an indication of future All investments involve risk and unless otherwise stated, are not guaranteed. Pundits discuss strategies for what to do at certain ages, and how market volatility and rising interest rates may affect distribution strategies from your individual retirement accounts. The best way to begin a dialog with us is by contacting the general partner with the expertise and experience that most closely matches your companys sector. The investment advisory business has offices in eight locations and a total of 21 advisors. David has been registered as a financial advisor for 3 years.*. Tip:Send the survey from a senior member of management so employees know this is important and are incentivized to take action. Your important financial affairs should only be left to those with not only proven expertise but also the ability to apply it effectively in pursuit of your goals and objectives. 2023 Opus Capital. than any other service in the U.S. The Opus Capital team has over six decades of deep operational experience with market making companies spanning multiple industries. Be sure to break out any additional benefits to owners and highly compensated employees when you review. With 16 years experience building successful companies and guiding them through to profitable outcomes, Dan Avida brings a strong operating background to Opus Capital. Also, HQ is basically in a vacation town., Copyright 2023 All Rights ReservedAptus Capital AdvisorsClient Relationship SummaryADV Disclosure, [emailprotected]251.517.7198265 Young Street Fairhope, AL 36532. advisors. There are no guarantees that working with an adviser will yield positive returns. AdMobius is the first mobile Audience Management Platform, enabling publishers and advertisers to discover and target relevant audiences at scale. Depending on the size of your company, youll need to calculate cost of paying healthcare benefits directly vs. cost of penalties and paying a stipend vis-a-vis the Affordable Care Act. Its no secret that interest rates have risen significantly since the beginning of 2022. To Dave, the little things in life bring him the most joy such as mowing and admiring his lawn with his lawnmower named ladybird is always up there on his list. So, some eligible retirees may be able to use older, lower rates when calculating their current lump-sum value. Want to know more about how we can help you? From practical advice to vast From practical advice to vast networks of talented people, the entrepreneurs we partner with are able to leverage this expertise as they work to grow and accelerate their company. Many defined benefit (DB) plans offer lump-sum payouts based on a uniform interest rate table from the IRS, known as 417(e) rates, which are issued monthly. Kidaro leverages desktop virtualization to bring improved manageability and security to enterprise desktop computing and to enable corporate-controlled mobility, without servers (acquired by Microsoft). If you want to be happy, set a goal that commands your thoughts, liberates your energy and inspires your hopes.. The Opus Capital team has over six decades of deep operational experience with market making companies spanning multiple industries. Use a write-in box for employees to brainstorm pie-in-the-sky ideas. Understanding the challenges women face and how to help. With a focus on financial planning and investment management in the context of holistic wealth management consulting, Ray looks to create as much reassurance as possible regarding clients investment portfolios and their financial future. Leveraging over 60 years of operating experience at market leading companies such as AOL, Decru, EFI, Juniper Networks, Radius and UUNet, Opus Capital focuses on early-stage funding of technology companies. We provide a depth of ability and resources to match your needs and to help you make the most of each investment opportunity. (acquired by Microsoft NASDAQ: MSFT) WebCapital Fiduciary Advisors, Ashburn, Virginia. WebTeam. Embedded control chips for RISC processors, Computer-telephony integration (CTI) software products, (NASDAQ: HLIT) But theres another retirement income source that is affected by both rising rates and inflation namely pension payouts. What rates are used for the lump-sum calculation? Whether youre looking for excellence in execution or to address long-term stakeholder requirements, we have the track record and network to ensure you achieve the optimal outcome. an Adviser or provide advice regarding specific investments. Aptus Capital Advisors, LLC is a registered investment company based in Fairhope, AL. Wed love to hear from you. Thank you for visiting our site. Ambassador to Israel, Co-Chairman and CEO, Nuclear Threat Initiative. The markets change, but our values will always be the same. Wed love to hear from you. 2023 Opus Capital. WebAddress Opus Capital Advisors of Raymond James 824 S Osprey Avenue Sarasota, FL 34236 T 941.250.3560 D 941.250.3563 D 941.250.3558 Map and Directions On the other hand, pension annuities are not directly impacted by rate changes; theyre determined by a formula based on factors such as age, years of service and salary. 824 S Osprey Avenue // Sarasota, FL 34236. As the son of an accountant, Ray grew up in and around financial services. WebRaymond C. Suplee II Vice President, Investments From the inception of Opus Capital Advisors, Raymonds intention was to create a firm where client objectives and Both of which would chip away at a lump-sum value. All rights reserved. For more information about our firm, or to receive a copy of our disclosure form ADV and Privacy Policy contact us. The O in Opus is for operations. We are unable to make individual profile updates. Since we started 15 years ago, weve supported a wide variety of clients through to success. states: Please visit the SEC profile of David Wagner to learn whether or not 824 S Osprey Avenue // Sarasota, FL 34236. David Wagner is a chartered financial analyst operating out of Fairhope, Alabama with a total of 3 years of industry experience. All rights reserved. Prior to joining Aptus, David worked with both Opus Capital Management and Driehaus Capital Management where he was responsible for conducting research and analysis for various small and microcap equity strategies. Unique solutions for business owners and entrepreneurs. Former United States Senator, Partner, Francisco Partners. Investing involves risk, and you may incur a profit or loss regardless of the strategy selected, including diversification and asset allocation. In addition to being a part of the winning 1990 NCAA National Championship baseball team at the University of Georgia, Ray played professional baseball with the New York Yankees, Baltimore Orioles and Tampa Bay Devil Rays. Doing so could mean missing out on earned income. Find out how yours operates. We call this our Service 1stSM philosophy. Talk with your advisor and accountant to see which way to go here. Working with an adviser may come with potential downsides such as payment of fees Opus is pleased to have advised the shareholders of Pinnacle Power Limited on its sale to independent infrastructure fund manager DIF Capital Partners. We Of course, interest rates arent the only factor to consider when it comes to a one-time payout. geography, and willingness to work with a remote advisor). Joseph Cutts is an experienced senior executive with 25 years of financial and operational leadership experience in a diverse set of industries. 2. (acquired by Lotame) David is a regular contributor on CNBC, Bloomberg, WSJ, and Barrons. Nurturing wealth so you can live a longer, better life. Thats why we manage the complexities of their wealth as if its our own, harmonizing every facet of their financial lives, and helping them realize the goals they have envisioned. Wed love to hear from you. In the not-too-distant past, interest rates were low enough to make the lump-sum option more attractive. Youll want to factor all these things into your decision. The website, owned by Opus Corporate Finance, uses private and third-party cookies in order to allow and optimize your browsing, by analyzing your habits when using the website. The content in this profile was updated by SmartAsset on 4/16/2023. What you really need to understand is that theres an inverse relationship between those rates and lump-sum pension payouts. Calculate the hard numbers on both current and possible benefit packages. Profile content is produced by SmartAsset independently of any business relationships that might exist between SmartAsset and the named David is registered in the following WebDavid is a CFA Charterholder and a member of the CFA Society of Cincinnati. TuneCore is the industry leader in digital distribution, providing universal access to distribution for tens of millions of music creators, film producers and artists. Confidently manage your new assets with the guidance of our experienced team. Only include ideas youve vetted among your executive team, and that youll be able to implement and afford. We bring together our experience, shared expertise and diversity of insight to help clients of all specialisms, geographies and sectors achieve their goals. But dont take our word for it, talk with the entrepreneurs we work with on a daily basis. He earned his BS in Accounting and BBA in Finance from the University of Kentucky. Gill Cogan brings more than 25 years of venture capital investing experience in software, communications and semiconductors as well as experience building and leading venture capital firms. However, those monthly payments typically do not come with any cost-of-living adjustments either, which make them susceptible to inflation risk. (NASDAQ: MRVL) Multiplexing systems for fiber optic communications networks, (acquired by Apple NASDAQ: AAPL) Transpond provides a development platform for custom social and mobile applications. (acquired by Intelius) 182 likes. Certified Financial Planner Board of Standards, Inc. (CFP Board) owns the certification marks CFP and CERTIFIED FINANCIAL PLANNER in the United States, It handles $4 billion in assets under management between its 8,824 customer accounts, making it one of the biggest firms in the country by assets under management. All advisor details come from publicly available data, and we cannot While higher rates impact pensions in a few ways, retirees planning to rely on that income should know that higher rates produce lower lump-sum payouts. Answer a few questions andget matched with an advisor. Capital Fiduciary Advisors is an Independent Registered Investment Advisor serving Individuals Conduct a benefits audit to see exactly where you are on your benefits package. At Raymond James, we have a straightforward approach to doing business. Our years of advising clients in the world of climate change and energy transition informs our work in all sectors. A simple, confidential Google survey sent to all employees is an easy and cost-effective way to take the pulse. Are you ready to retire sooner rather than later? which SmartAsset is compensated for lead referrals. Opus has been instrumental from the start in helping to shape Payfone from an idea to a company. (acquired by Prodea Systems, Inc.) review the ongoing performance of any Adviser, participate in the management of any users account by E-Greetings Network, Inc. (American Greetings, Inc.). Others only do so for a limited time. Because pension plans typically change their lump-sum calculations once a year, many base their computations on previous months rates, as mentioned above. FreeMonee enables merchants to give gifts directly to individual credit and debit cardholders through participating financial institutions. All rights reserved. If youre nearing retirement, youll have a decision to make: Do you want monthly payments or a lump sum? About 15% of private-sector workers have access to a traditional pension. Financial professionals and firms having business relationships with SmartAsset receive no special SpiderCloud Wireless has brought together a uniquely powerful combination of RF / Licensed Spectrum, Enterprise Wi-Fi, IP Networking, and Fixed-Mobile Convergence. With decades of corporate finance experience across diverse sectors, our team of advisers support you in reaching your objectives. With all of this in mind, its good to do a benefits audit to prepare for 2023 and beyond and ensure you remain competitive in your sector. Provider of machine learning platform that enables data scientists and app developers to easily create intelligent apps at scale, (acquired by Google NASDAQ: GOOG) 2. The named financial professional and firm have not reviewed, approved, or endorsed this profile and are not responsible for its accuracy. Spock is a new kind of search engine that helps users find and discover people. SmartAsset is not a client of the aforementioned Of its 8,824 customer accounts, just 8% are associated with high-net-worth clients who have at least $1 million in investable assets. Fee types billed by Aptus Capital Advisors, LLC may include any combination of asset-based and fixed fees. WebYelp users havent asked any questions yet about Capital Fiduciary Advisors. Senior Vice President, Investments. Employees are also expecting employers to help with inflationary healthcare costs, extending more mental health benefits and espousing flexible schedules. Naming the firm Opus Capital Advisors represents the culmination of many years of experience and Want to know more about how we can help you? (acquired by Gainsight) Raymond James focuses on doing what's right for its clients, associates and communities. SmartAssets Investing the time into a benefits audit is a good routine practice to get into annually or semiannually. In his free time, he enjoys playing tennis, golfing and fishing. Sprint PCS wireless carrier. That means a lower amount is required for the pension fund to completely cash out what it owes you as the participant. Sources: paychex.com; forbes.com; businesswire.com; pwc.com; bbgbroker.com; thebalancecareers.com. 2023 Opus Capital. There are several methodologies for the interest-rate calculation, and the calculations can be made monthly, quarterly or annually. The funds investment objectives, risks, charges and About Us. The higher the interest rate used to calculate a lump sum, the smaller the amount. With the SECURE Act 2.0, required minimum distributions (RMDs) are getting a lot of media attention. This is where you may be surprised to find out employee tastes and desires have changed. He enjoys hunting, fishing, and all things Cincy sports. TrustedID offers proactive identity theft solutions for consumers. The firm provides a number of services, such as financial planning services, portfolio management for individuals and small businesses, portfolio management for investment companies and pension consulting services. (acquired by PMC NASDAQ: PMCS) Click here to get matched with an advisor today. Global interactive marketing and advertising solutions, (NASDAQ: EFII) David Wagner is a member of the Aptus Investment Committee and is responsible for equity research, selection, the evaluation of macro-level trends, and advising about the current market environment. Include flexible hours, improved technology and other nonmonetary benefits. platform based on information gathered from users through our online questionnaire. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any securities.