Sunday, August 20, 2017

Joseph Grund Achieves Ameriprise Private Wealth Advisor Status



Joseph Grund Achieves Ameriprise Private Wealth Advisor Status

Joseph Grund in Palm Beach Gardens, Florida


Palm Beach Gardens, Florida –  August 20th, 2017 –  Joseph Grund, CRPC APMA, with Joseph Grund & Associates, a private wealth advisory practice of Ameriprise Financial Services, Inc. has become an Ameriprise Financial Private Wealth Advisor.  Grund with an office in Palm Beach Gardens, Florida, is among the 13 percent of approximately 10,000 Ameriprise financial advisors to achieve this status.

Ameriprise Private Wealth Advisors provide personalized client service and are dedicated to meeting the complex and unique financial needs of their clients. To become eligible for this status, advisors must be experienced in providing comprehensive financial planning and advice, complete specialized training and achieve superior business results.

As an Ameriprise Private Wealth Advisor, Joseph Grund is focused on providing advice and financial solutions for clients with high asset levels.  He is knowledgeable on a variety of topics and strategies including retirement, tax and estate planning, insurance and asset management. Joseph Grund & Associates is located at 11300 US Highway #1, Suite 600 & 501, Palm Beach Gardens, FL.  Grund has served the Palm Beach Gardens and Jupiter area since 1993. For more information, please contact Dawn Sherwood at 561-383-3621.

About Ameriprise Financial
At Ameriprise Financial, we have been helping people feel confident about their financial future for more than 120 years. With a network of 10,000 financial advisors and outstanding asset management, advisory and insurance capabilities, we have the strength and expertise to serve the full range of consumer financial needs. For more information, visit ameriprise.com or Joseph's Website.



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Ameriprise Financial Services, Inc. Member FINRA and SIPC.  Investment advisory products and services are made available through Ameriprise Financial Services, Inc., a registered investment adviser.   

© 2017 Ameriprise Financial, Inc. All rights reserved.

Wednesday, June 14, 2017

JOSEPH GRUND COMMEMORATES 23 YEARS WITH AMERIPRISE FINANCIAL


· FOR IMMEDIATE RELEASE 
              
Contact:      
Joseph W. Grund, CRPC®
Joseph Grund & Associates,
Ameriprise Financial
561-383-3616

Joseph Grund


JOSEPH GRUND COMMEMORATES 23 YEARS WITH AMERIPRISE FINANCIAL
Palm Beach Gardens, Florida – June 14, 2017 –  Joseph Grund, a Managing Director & Associate Manager with Ameriprise Financial, recently celebrated 23 years with the company. Joe has served residents of the Palm Beach & Jupiter areas since 1993. His office is located at 11300 US Highway One, Suite 600 & 501, Palm Beach Gardens, FL 33408.
As a Financial Advisor, Grund provides financial advice that is anchored in a solid understanding of client needs and expectations, and provided in one-on-one relationships with his clients. For more information, please contact Joseph Grund at 561-383-3616.  
At Ameriprise Financial, we have been helping people feel confident about their financial future for over 120 years. With outstanding asset management, advisory and insurance capabilities and a nationwide network of 10,000 financial advisors, we have the strength and expertise to serve the full range of individual and institutional investors’ financial needs. For more information, visit ameriprise.com or Joseph Grund’s AMERIPRISE Website.
Investment advisory products are made available through Ameriprise Financial Services, Inc., a registered investment adviser.
Ameriprise Financial Services, Inc. Member FINRA and SIPC
© 2015 Ameriprise Financial, Inc. All rights reserved.

Tuesday, June 13, 2017

Top 5 Las Vegas Restaurants according to Joseph Grund



Top 5 Las Vegas Restaurants according to Joseph Grund



Las Vegas Strip



Joseph Grund has spent more than 24 years as a financial advisor at Ameriprise Financial Services, Inc.  His office is in Palm Beach Gardens, Florida, and he currently lives in Jupiter, Florida.  When he is not working,  Joseph Grund likes to travel around the country.  One of the places he likes to visit is Las Vegas, Nevada. Here is the list of Joe's favorite restaurants in Las Vegas.


1. Rao's- Rao' is located in Cesar's Palace on the Las Vegas Strip. The original Rao's restaurant opened in 1896 in New York.  Rao's is know for its authentic, southern Neapolitan Italian cooking. Try the Chicken Scarpiello, Steak Pizzaiola, and profiteroles for desert.


2.  Lavo- Located in the Venetian hotel, Lavo is know for it's gourmet Italian cuisine. Try the 16 oz. Kobe meatball, eighteen-inch lobster-scampi pizza, and Oreo zeppoles for dessert.


3. YardBird- Yardbird is housed at The Venetian Palazzo Resort & Casino in the heart of Las Vegas. Yardbird Southern Table & Bar is the best place in Nevada for classic Southern Cooking. Favorites include Classic Buttermilk Biscuits. Chicken 'N' Watermelon 'N' Waffles. & Skillet Cornbread.


4. Morimoto- Morimoto is Las Vegas very first restaurant from Iron Chef Masaharu Morimoto. The Japanese chef opened his restaurant at the MGM Grand. Top dishes include seared snapper with Thai curry and mussels, braised black cod with a ginger-soy reduction, and Morimoto’s famous Duck Duck Goose with duck meatball soup & duck confit fried rice.


5. Momofuku- David Chang arrives in Las Vegas with a menu that mirror's many of his Momofuku restaurants in the United States and Canada. Favorites include ramen from the Noodle Bar, fried chicken with caviar, & a great selection of his famous soup's.


Tuesday, January 10, 2017

The ACC Finishes the Season as the Unquestioned Top Conference in College Football

College Football's Top Conference is Clearly the ACC

By knocking off Alabama for the national title, Clemson did more than just win the Colege Football National Championship.  It sealed the deal on the ACC’s rise to prominance in college football, by supplanting the SEC as the best conference in the America.

Clemson's victory should not have come as a major surprise. The ACC was showing their dominance throughout the season.

The ACC's Record Against Power Five Opponents...

The ACC was the only conference to post a winning record (17-9) against Power Five opponents this Season.   The ACC finished 10-4 against the SEC, 6-2 against the Big Ten -- both league records for most wins against those conferences. Eleven ACC teams finished with a winning overall record, also a league record.




Bowl Dominance

The ACC finished with a 9-3 record this Bowl season while the SEC was fumbling and stumbling to a 5-6 record.  In five head-to-head matchups, the ACC went 4-1 against the SEC.

National Title

Clemson's victory last night, coupled with the points above, and the fact that the ACC was won two of the past 4 national titles, cement the fact that College Football has a new King Conference!!



Tuesday, December 13, 2016

Education tax credits

It's tax time, and your kitchen table is littered with papers and forms. As if this isn't bad enough, you recently paid your child's college semester bill, and you don't know where you'll find the money to pay the taxes that you expect to owe. Well, you might finally catch a break. Now that your child is in college, you might qualify for one of two education tax credits--the American Opportunity credit (formerly the Hope credit) and the Lifetime Learning credit. And because a tax credit is a dollar-for-dollar reduction against taxes owed, it's more favorable than a tax deduction, which simply reduces the total income on which your tax is based.

These education tax credits depend on the amount of qualified tuition and related expenses that you pay in a given year, as well as your modified adjusted gross income (MAGI). In 2012, to qualify for the maximum American Opportunity credit, your MAGI must be below $80,000 if you're a single filer and $160,000 if you're a joint filer. A partial credit is available for single filers with an MAGI between $80,000 and $90,000 and joint filers with an MAGI between $160,000 and $180,000. To qualify for the maximum Lifetime Learning credit in 2012, your MAGI must be below $52,000 if you're a single filer and $104,000 if you're a joint filer. A partial credit is available for single filers with an MAGI between $52,000 and $62,000 and joint filers with an MAGI between $104,000 and $124,000.

AMERICAN OPPORTUNITY CREDIT CAN HELP WITH COLLEGE EXPENSES


The American Opportunity credit is a tax credit that covers the first four years of your, your spouse's or your child's undergraduate education. Graduate and professional-level courses aren't eligible. The credit is worth a maximum of $2,500 in 2012. It's calculated as 100 percent of the first $2,000 of tuition and related expenses that you've paid for the year, plus 25 percent of the next $2,000 of such expenses.

To take the credit, both you and your child must clear some hurdles:


  • Your child must attend an eligible educational institution as defined by the IRS (generally, any post-secondary school that offers a degree program and is eligible to participate in federal aid programs qualifies).
  • Your child must attend college on at least a half-time basis.
  • Your child can't have a felony conviction.
  • You must claim your child as a dependent on your tax return. If your child has paid the tuition expenses, you can still take the credit as long as you claim your child as a dependent on your return. But if your child has paid the tuition expenses and isn't claimed as a dependent on your return, your child can take the credit on his or her own return.
  • The American Opportunity credit can be taken for more than one student in the same year, provided each student qualifies independently. So, if you have twins who are in their freshman year of college (and you otherwise meet the requirements), your credit would be worth $5,000. However, there are other restrictions. You can't take both the American Opportunity credit and the Lifetime Learning credit in the same year for the same student. And whatever education expenses you cover with a tax-free distribution from your 529 plan or Coverdell education savings account cannot be the same expenses you use to qualify for the American Opportunity credit.


LIFETIME LEARNING CREDIT CAN HELP WITH COLLEGE, GRADUATE SCHOOL, AND INDIVIDUAL COURSE EXPENSES


The Lifetime Learning credit is a tax credit for the qualified education expenses that you, your spouse, or your child incur for courses taken to improve or acquire job skills (even courses related to sports, games, or hobbies qualify if they meet this requirement!). The Lifetime Learning credit is much less restrictive than the American Opportunity credit. In addition to college expenses, the Lifetime Learning credit covers the tuition expenses of graduate students and students enrolled less than half-time.

The Lifetime Learning credit is generally worth a maximum of $2,000. It's calculated as 20 percent of the first $10,000 of tuition and related expenses that you've paid for the year.

One major difference between the American Opportunity credit and the Lifetime Learning credit is that the Lifetime Learning credit is generally limited to a total of $2,000 per tax return, regardless of the number of students in a family who may qualify in a given year. So if you have twins who are in their senior year of college, your Lifetime Learning credit would be worth $2,000, not $4,000.

As with the American Opportunity credit, if you withdraw money from your 529 plan or Coverdell ESA in the same year that you claim the Lifetime Learning credit, your withdrawal cannot cover the same expenses that you use to qualify for the Lifetime Learning credit.

MY CHILD IS IN COLLEGE--HOW DO I KNOW WHICH CREDIT TO TAKE?


The American Opportunity credit and the Lifetime Learning credit cannot be claimed in the same year for the same student, so you'll need to pick one. Because the American Opportunity tax credit is available for all four years of undergraduate education, is worth more, and the income limits to qualify are higher, that credit will probably be your first choice. But if your child is attending school less than half-time, the Lifetime Learning credit will be your only option (assuming you meet the income limits).

HOW DO I CLAIM EITHER CREDIT ON MY TAX RETURN?


You should receive Form 1098-T from the college, showing the tuition expenses you've paid for the year. Then, at tax time, you must file Form 8863 to take either credit. If you are married, you must file a joint return to take either credit. For more information, see IRS Publication 970 or consult a tax professional.

Sunday, November 20, 2016

WSJ- Peggy Noonan Explains Why Trump Won

Joseph Grund is a Managing Director and the Associate Manager of the Palm Beach Gardens, FL office of Ameriprise Financial Services, Inc. Joe Grund currently lives in Jupiter, FL with his wife Michelle and dog Ralph.

It has been just a few weeks since the 2016 Presidential election that resulted in a shocking Trump win.  Since the election the media has endlessy tried to explain the reasons for Trump's win. They still seem as clueless as ever when trying to explain Trump' appeal.

I would recommend that the media, and all those still in shock over the results to read The article Peggy Noonan, from the Wall Street Journal, published  back in February titled Trump and the Rise of the Unprotected.

She explained during the primaries what the real reasons for Trump's popularity were, and why political pundits were struggling to make sense of his popularity.  If you would like to read an intelligent well written article that explains how it is that Trump won, I suggest you read this article.

Here is some of the text from her article...
We’re in a funny moment. Those who do politics for a living, some of them quite brilliant, are struggling to comprehend the central fact of the Republican primary race, while regular people have already absorbed what has happened and is happening. There are many answers and reasons, but my thoughts keep revolving around the idea of protection. It is a theme that has been something of a preoccupation in this space over the years, but I think I am seeing it now grow into an overall political dynamic throughout the West.
There are the protected and the unprotected. The protected make public policy. The unprotected live in it. The unprotected are starting to push back, powerfully. The protected are the accomplished, the secure, the successful—those who have power or access to it. They are protected from much of the roughness of the world. More to the point, they are protected from the world they have created. 
They are figures in government, politics and media. They live in nice neighborhoods, safe ones. Their families function, their kids go to good schools, they’ve got some money. All of these things tend to isolate them, or provide buffers. Some of them—in Washington it is important officials in the executive branch or on the Hill; in Brussels, significant figures in the European Union—literally have their own security details. 
Immigration was a big factor:
One issue obviously roiling the U.S. and Western Europe is immigration. It is the issue of the moment, a real and concrete one but also a symbolic one: It stands for all the distance between governments and their citizens.
It is of course the issue that made Donald Trump.
Britain will probably leave the European Union over it. In truth immigration is one front in that battle, but it is the most salient because of the European refugee crisis and the failure of the protected class to address it realistically and in a way that offers safety to the unprotected.
If you are an unprotected American—one with limited resources and negligible access to power—you have absorbed some lessons from the past 20 years’ experience of illegal immigration. You know the Democrats won’t protect you and the Republicans won’t help you. Both parties refused to control the border. The Republicans were afraid of being called illiberal, racist, of losing a demographic for a generation. The Democrats wanted to keep the issue alive to use it as a wedge against the Republicans and to establish themselves as owners of the Hispanic vote.
Many Americans suffered from illegal immigration—its impact on labor markets, financial costs, crime, the sense that the rule of law was collapsing. But the protected did fine—more workers at lower wages. No effect of illegal immigration was likely to hurt them personally.
It was good for the protected. But the unprotected watched and saw. They realized the protected were not looking out for them, and they inferred that they were not looking out for the country, either.
The unprotected came to think they owed the establishment—another word for the protected—nothing, no particular loyalty, no old allegiance. Mr. Trump came from that.
It is of course the issue that made Donald Trump.
Britain will probably leave the European Union over it. In truth immigration is one front in that battle, but it is the most salient because of the European refugee crisis and the failure of the protected class to address it realistically and in a way that offers safety to the unprotected.
If you are an unprotected American—one with limited resources and negligible access to power—you have absorbed some lessons from the past 20 years’ experience of illegal immigration. You know the Democrats won’t protect you and the Republicans won’t help you. Both parties refused to control the border. The Republicans were afraid of being called illiberal, racist, of losing a demographic for a generation. The Democrats wanted to keep the issue alive to use it as a wedge against the Republicans and to establish themselves as owners of the Hispanic vote.
Many Americans suffered from illegal immigration—its impact on labor markets, financial costs, crime, the sense that the rule of law was collapsing. But the protected did fine—more workers at lower wages. No effect of illegal immigration was likely to hurt them personally.
It was good for the protected. But the unprotected watched and saw. They realized the protected were not looking out for them, and they inferred that they were not looking out for the country, either.
The unprotected came to think they owed the establishment—another word for the protected—nothing, no particular loyalty, no old allegiance.
Mr. Trump came from that.
I don’t know if the protected see how serious this moment is, or their role in it. 

Thursday, September 15, 2016

Factors Impacting Investment Risk Tolerance


Joseph Grund joined Ameriprise Financial in 2011. As an associate manager and financial advisor, Joseph Grund supports clients by developing portfolios that match their unique needs and risk tolerance.

To build a strong financial portfolio that will help you achieve your financial goals, you must have a clear understanding of risk. Specifically, knowing your risk tolerance determines how you allocate funds. Risk is based on numerous factors, including age and financial capabilities. The latter addresses the threshold for handling stress related to a volatile market. It is not likely your investments will continuously grow without financial losses periodically. Decide if the losses will create uneasiness and keep you up at night. If so, then you may want to be more conservative with your investment approach.

In terms of age, you can generally take a riskier approach if you invest early. Investing at a young age gives you time to grow funds as well as overcome short-term fluctuations that can result in loss. A financial advisor can help you plan and implement strategies that can work toward greater long-term returns. If investing during the later stages of your life, more conservative tactics generally work best because the goal is to have access to money sooner.

Joseph Grund & Associates
http://www.ameripriseadvisors.com/team/joseph-grund-associates/
A financial advisory practice of Ameriprise Financial Services, Inc.
11300 US Highway 1, Ste. 600 & 501, Palm Beach Gardens, FL 33408-3293