We hope your summer is off to a great start! In this month’s firm update, we’re covering a quick market update video, tax planning updates, and an update regarding our mailing addresses.
Investments/Planning
The market’s recent sharp drop and quick recovery underscored that diversification, staying invested, and following a sound plan can carry investors through uncertain periods. In this latest Focus Perspectives video and commentary, Focus’ Chief Investment Officer of Systematic Strategies Kevin Grogan breaks down how a thoughtful, differentiated approach helps investors stay grounded even when markets feel anything but calm.
2Q Estimated Tax Payments
Your second quarter estimated income tax payments are due today, June 16, 2026.
If you plan to make a future estimated tax payment from your Schwab account or need funds transferred, reach out to us no later than a week before the due date with the amounts so that we can raise cash and coordinate any transfers.
Tax Returns
If you have not yet provided us with a copy of your 2025 Tax Return, please do so at your convenience. As many of you know, this is something that we request annually from our clients.
Tax Returns can reveal a lot about your financial situation, which can then help shape financial decisions for the coming year and future years. This will especially help us with year-end planning for income and capital gains taxes, qualified charitable distributions (QCDs) and any other pertinent information.
Tax returns can be sent securely to Landon by using this Upload a Secure Document link.
WMS Mailing Address
Effective immediately, all mailed correspondence should be sent to our Charlotte office at:
WMS Advisors, LLC
6135 Park South Drive, Suite 510
Charlotte, NC 28210
We have consolidated our previous mailing addresses in Rockville, MD and Gastonia, NC to the main Charlotte office. This will help with our recordkeeping requirements. Thank you for updating your records and please let us know if you have any questions.
Juneteenth Market Closure
The markets, banks, and Schwab will be closed Friday, June 19th for the Juneteenth holiday, and we will be unable to process cash withdrawals or make trades in your account on that day. However, WMS will be open as normal. Please let us know in advance if you need anything. Trading and move money capabilities will resume the following business day.
As always, if you have any questions or want to discuss these topics in more detail with us, please reach out. We value the trust you have placed in us and look forward to talking with you soon.