“I can’t change the direction of the wind, but I can adjust my sails to always reach my destination.”

Heritage Update

Cautiously Optimistic

A quick glance at the long-term track record of global stock markets shows the wealth generation that has been earned by patient investors. Although we expect this to continue in the years to come, it is worth noting that there have been countless fear-inducing worries along the way. Perhaps at the forefront today is the concern around the dramatic increase in inflation and the possible effects it will have on the economy. For more on inflationary concerns and how to have a healthy perspective, see our article titled “Is Your Fear Inflated?”

Continuous Involvement

For the last three years, Heritage has been a continuous sponsor of the East Coast Estate Planning Council. They strive to advance the estate planning field through continuous education and connecting individuals across multiple professional disciplines. Recently our own Joe Gitto was elected to serve on the Board of Directors. Congratulations Joe!

Spring Cleaning

Tidying up a cluttered closet or organizing a garage-turned-storeroom can leave you feeling relieved and prepared to take on another year. If not reviewed periodically, your finances can also get out of hand. An all-too-common mistake is forgetting to periodically review and update your beneficiary designations. Because of complex rules, this can be an error-prone endeavor. Please let us know if we can help you review your beneficiary designations to help avoid unwelcome surprises.

Employee Profile

David K. Teas, CFA, CFP®

David K. Teas, CFA, CFP®

Wealth Manager and Partner

David has been part of the Heritage Team for 11 years. As a Wealth Manager and Partner of the firm, he holds the Chartered Financial Analyst designation and is a CERTIFIED FINANCIAL PLANNER™ practitioner. David has a bachelor’s degree in finance from Iowa State University and came to Heritage after working in San Francisco for several years. When he is not in the office, he enjoys spending time with his wife and their children.