We are pleased to share several important updates, including that our monthly firm update has been rebranded as “WMS Perspective”, same informational content with a new look. You will also read about the new addition to our advisory team, the launch of our newly redesigned website, an important retirement planning reminder, and information regarding our updated regulatory disclosures.
Welcome to the Team: Introducing Tom Moss
We are excited to welcome Tom Moss as a Wealth Advisor to our team. Tom, who happens to be Tom MacLennan’s father-in-law, joins us from Ameriprise Financial. He is joining us as part of his future succession planning for his practice and clients.
Tom has over 50 years in the financial advising industry and brings valuable experience, a client-focused approach, and a passion for helping his clients save and invest for their financial goals. His dedication to providing personalized guidance and building strong client relationships aligns perfectly with the values that define WMS Advisors.
Please join us in welcoming Tom to WMS Advisors. We look forward to supporting him and his clients in their current and future goals!
Our New Website Is Live!
We are proud to announce the launch of the new WMS Advisors website.
The redesigned website offers a modern look, improved navigation, and easier access to information about our services, team, and resources. Whether you’re looking for financial insights, account information, or ways to connect with us, the new website is designed to make your experience more seamless and informative.
We hope you enjoy the new and improved WMS Advisors site and explore all the enhancements.
Let us know what you think!
2026 Required Minimum Distribution (RMD) Reminder
If you are required to take a Required Minimum Distribution (RMD) from your retirement account, now is a great time to begin planning for your 2026 distribution.
Key reminders:
- RMDs generally must be taken by December 31, 2026.
- Missing an RMD can result in IRS penalties.
We typically start to process the distributions for our client accounts in the 4th Quarter for those clients that have not already taken a full or partial RMD.
Contact Sarah or Landon with any questions regarding your distribution requirements.
Updated ADV Part 2 & Form CRS (Part 3) Available
As part of our regulatory compliance, we have updated our Form ADV Part 2 (Brochure) and Form CRS (Client Relationship Summary). These documents provide background and general information regarding our investment advisory services, investment methods and professional credentials. A summary of this change is below:
· Item 5 – Firm has added a new non-discretionary Assets Under Management fee table.
We encourage all clients to review these materials to stay informed about our business practices and the services we provide.
September Estimated Quarterly Tax Payment Reminder
As we approach the third quarter tax deadline, we encourage clients who make estimated tax payments to review their obligations and prepare for the upcoming due date. These payments may apply to individuals who receive income not subject to withholding.
The 3rd quarter estimated tax payments are due September 15. Please check with your accountant if you have any questions about your payments or if changes are needed.
Please reach out to us no later than Friday, September 4th if you will be taking the payment from your Schwab account so that we can make sure we have the appropriate amount of time to raise cash.
If you have any questions, comments, feedback, or other suggestions on the above updates, we would love to hear from you.
Finally, please remember to contact us if there are any changes in your financial situation or investment objectives.
As always, we value the trust you have placed in us and look forward to speaking with you soon.
