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  • 11 May 2022 by Vance Wealth

    Estate Planning 101: Don’t let Taxes and Inflation Destroy your Legacy!


    Learn how to:


    – Lower estate taxes
    – Protect your family’s assets
    – Appoint a trusted contact in the case of diminished capacity
    – Ensure your wishes are carried out after death
    – Transfer wealth according to those wishes

    Register for Estate Planning 101 with Lisa Odom, Founder of Odom Law Group, a Professional Legal Corporation, and John Vance, President of Vance Wealth, and learn how to protect what matters most.

    You must register to attend:

    Click to register: Tuesday, May 17th at 4:30pm (PST).

     

    Vance Wealth, Inc. (“Vance Wealth”) is a registered investment advisor. Advisory services are only offered to clients or prospective clients where Vance Wealth and its representatives are properly licensed or exempt from licensure. The information provided is for educational and informational purposes only and does not constitute advice. Vance Wealth does not provide tax or legal advice. You should contact your tax advisor and/or attorney before making any decisions with tax or legal implications

  • 06 May 2022 by Metro

    I-5 NCEP Weekly Look-Ahead: May 9 – May 15, 2022 

    SR-14 to Magic Mountain Pkwy
    I-5 and Weldon Canyon Overcrossing center median pavement and excavation work between SR-14 and Coltrane Av from 7am – 4pm and 8pm - 6am, as needed. Intermittent lane reductions in both directions between SR-14 and Magic Mountain Pkwy from 8pm – 6am.| More Information  

    Temporary lighting installation on the northbound I-5 truck route and temporary electrical work at Lyons Av/Pico Canyon Rd on-and-off ramps. Activities will include adjustments to ramp meters, ramp lighting, and installation of temporary foundations and poles and electrical work. Prepare for nightly closures along the northbound truck route between I-210 and Weldon Canyon Rd Bridge and Lyons Av/Pico Canyon Rd on-and-off ramps. | More Information 

    Detour signage is posted along the detour routes and at the preceding off-ramp. 

    Northbound on-ramp detours:   

    • Left on Wiley Canyon Rd, left on Orchard Village Rd, left on McBean Pkwy, enter northbound I-5 at the McBean Pkwy on-ramp. 
    • Right on the Old Road, right on McBean Pkwy, enter northbound I-5 at the McBean Pkwy on-ramp.

    Southbound on-ramp detours: 

    • Starting at Pico Canyon Rd, left or right at the Old Road, left at Calgrove Bl, enter southbound I-5 Calgrove Bl on-ramp 

    Vegetation removal continues along I-5 shoulders between the SR-14 Interchange and Calgrove Bl. Prepare for lane reductions from 8pm - 6am and on-and-off ramp closures in both directions at Calgrove Bl from 7pm – 6am. Signage will be posted along the detour routes. | More Information 

    Magic Mountain Pkwy to Parker Rd 
    I-5 center median work behind concrete barriers between 7am – 4pm.  Activities include saw cutting, excavation, and asphalt removal. Intermittent lane reductions in both directions between Magic Mountain Pkwy and Parker Rd between 8pm - 6am. | More Information  

    Job site preparation continues between Rye Canyon Rd and Parker Rd. Activities include survey work, high visibility fencing installation, and installation of stormwater control measures between 7am – 4pm. | More Information 

    Essential Details  

    • Work hours: Monday through Friday between 7am-4pm and 7pm-6am. Crews will begin to mobilize at 6am.  
    • No two consecutive ramps in the same direction will not be closed at the same time. Detours to the next on-ramp will be posted for each closure.  
    • Traffic will be maintained in each direction.   
    • All lanes will be reopened by 6am each morning.    
    • No lane closures will be implemented during morning or evening peak traffic hours.  
    • The speed limit in construction work zones is reduced to 55-miles per hour.  

    Noteworthy 
    Access to emergency responders will be maintained. Construction is a dynamic process, it is subject to weather conditions, and information is subject to change, visit the project website for the most up to date information and a weekly listing of ramp closures scheduled. 

     


    Metro's Community Relations team has created a Frequently Asked Questions (FAQs) document that is now available to you as a resource. |  More Information

    Our project team invites you to join our e-mailing list to get the latest details on upcoming construction. |  More Information

    See all active construction notices for this project.| More Information

     


    Contact us 
    Question or comments? We are here to help.

    Visit project web page
    E-mail i5enhancements@metro.net
    Call 213.922.2772


  • 29 Apr 2022 by SCV Water

    Agency moves to Stage 2 of its Water Shortage Contingency Plan to eliminate water waste

    SANTA CLARITA – SCV Water’s Board of Directors voted Tuesday to move the Agency into Stage 2 of its Water Shortage Contingency Plan. The move comes as California and the Santa Clarita Valley continue to face a severe drought with no end in sight.

    "Despite planning for dry times, this drought has become so severe that we are having to dip into our banked water supplies," said SCV Water’s General Manager Matt Stone. “Moving to Stage 2 will place new water restrictions in place to eliminate water waste and ensure we have enough water to meet the needs of our community.”

    Stage 2 Explained

    Stage 2 includes the same restrictions as Stage 1 and adds additional water savings measures. Customers are requested to voluntarily reduce their water by up to 20%. This information is available at www.DroughtReadySCV.com.

    New watering requirements effective with Stage 2 include:

    • Limits watering to three days per week
      • Odd addresses (Monday, Wednesday and Friday)
      • Even addresses. (Tuesday, Thursday and Sunday)
      • No watering on Saturdays
    • Limits watering station run times
      • Maximum of two five-minute cycles per station per watering day (10 minutes max.)
    • Watering times of day (morning and evening watering)

    o May to October: 12 midnight to 9 a.m. and/or 8 p.m. to 12 a.m.

    o November to April: 12 midnight to 10 a.m. and/or 6 p.m. to 12 a.m.

    The following actions are also prohibited, as established in Phase 1, declared in November 2021.

    • Allowing runoff onto non-irrigated areas when irrigating with potable (drinking) water
    • Using hoses with no shutoff nozzles to wash cars
    • Using potable water to wash sidewalks, driveways and hardscapes
    • Irrigating outdoors during and within 48 hours following precipitation of a quarter inch or more
    • The irrigation with potable water of ornamental turf on public street medians

    Rebates and resources available

    SCV Water offers many financial rebates and other incentives to help customers increase water- use efficiency, including:

    • Turf conversion rebates
    • Irrigation system efficiency upgrade rebates (smart irrigation controllers, high-efficiency sprinkler nozzles, pressure regulating devices, drip irrigation and more)
    • Free Home Drought-Ready Check-Ups
    • Online WaterSMART Workshop, gardening classes and other resources

    A quick 10-minute inspection of the sprinkler system can save considerable water. For homes businesses, and landscapes, set timers to meet the new watering days and duration and repair any leaks or overspray. Then inside, check for leaks in toilets and other fixtures.

    Learn more about rebates at https://yourscvwater.com/save-water-money/#_rebates.

    Learn more

    SCV Water is hosting a Virtual Drought Forum on May 10 at 6 p.m., where attendees will hear from the experts about drought status, water supply, and conservation measures, as well as be able to ask us questions. Customers can register for the Virtual Drought Forum at bit.ly/2022VirtualDroughtForum.

    Customers can also report suspected water waste at www.DroughtReadySCV.com.

    Neighboring agencies announce more stringent measures

    Also, this week, Metropolitan Water District announced a Water Shortage Emergency for 6 million customers, cutting watering to one day a week. This does not affect SCV Water customers. Those affected customers are served by a higher proportion of imported state water, which has been drastically impacted by three consecutive years of drought conditions.

    SCV Water also relies on this source for a portion of its supply, but in addition has local groundwater and banked water supply stored underground in Kern County in wet years. Still, as the drought enters its third year, we are also asking our customers to conserve so we will have flexibility to meet demand should the drought continue. Every drop saved this year is one we can use next year.

    ###

    About SCV Water:

    The Santa Clarita Valley Water Agency (SCV Water) is a full-service regional water agency located in the Santa Clarita Valley. SCV Water provides water service to approximately 75,000 business and residential customers. It was formed on January 1, 2018, when local water suppliers combined into one integrated, regional water provider. More information can be found at www.yourSCVwater.com.

     

    For more information, please contact: Kathie Martin

    Communications Manager SCV Water kmartin@scvwa.org

  • 19 Apr 2022 by Vance Wealth

    Vance Wealth surpasses $500 million in assets under management

    Milestone positions Santa Clarita financial planning firm in California’s top tier of independent wealth advisers

     

    Santa Clarita, Calif. — Vance Wealth, a financial planning firm based in Santa Clarita, reached an industry milestone entering 2022 when the firm surpassed $500 million in assets under management.

     

    The local registered investment adviser (RIA) firm joined 132 others that have crossed that milestone in California, setting itself apart from the state’s more than 1,500 total firms, according to Investment News.

     

    “This milestone is a reflection of the hard work our team has put in over the years, as well as our ability to help our clients create the financial futures they imagine,” said John Vance, president and visionary of Vance Wealth. “But most importantly, this achievement is a reflection of our clients’ trust and loyalty. We wouldn’t be here without them – we achieved this together.”

     

    Vance Wealth got its start in 2003, as an independent firm and Raymond James affiliate. The firm started with $0 assets under management and was owner-operated.

     

    Since its founding, the firm has remained dedicated to one of its most crucial core values, a commitment to continuous growth, and it has grown according to plan ever since. In 2020, the firm became an RIA, and today Vance Wealth has expanded to 14 employees and is continuing to grow according to plan.

     

     

    “Our mission is to help our families and businesses succeed at every step of their financial journey, inspiring them to achieve more. I’m excited about this next step because, as we grow, it allows us to attract and retain talented and qualified team members,” Vance explained. “We’re able to provide better resources, create a more streamlined experience, and ultimately help our clients achieve even more. As we grow, we can continue to better serve our clients and our clients’ children for decades to come.”

     

    To schedule a complimentary consultation with a Vance Wealth adviser, please contact 661-775-0950 or visit vancewealth.com

     

     

    About Vance Wealth 

    Since 2003, Vance Wealth has served as a premier financial planning practice passionately committed to helping families and businesses succeed at every step of their financial journey. Serving Southern California, the practice delivers innovative and comprehensive wealth management strategies precisely customized to each client’s goals and needs. To schedule a consultation and learn more, call 661-775-0950, email info@vancewealth.com or visit VanceWealth.com.

     

    Vance Wealth, Inc. (“Vance Wealth”) is a registered investment advisor. Advisory services are only offered to clients or prospective clients where Vance Wealth and its representatives are properly licensed or exempt from licensure.

    • The Garden of Artsakh will provide a peaceful place for community members to practice their beliefs and honor traditions.
    • Grand opening begins at 10 a.m.

    NEWHALL, Calif., April 20, 2022 -- Honoring its commitment to provide a welcoming environment for everyone in the communities it serves, Eternal Valley Memorial Park and Mortuary, a local Dignity Memorial® provider, announced the grand opening of its newest section, the Garden of Artsakh, designed specifically to honor traditions and beliefs in the Armenian culture.

    The event will take place on Wednesday, April 20, 2022, beginning at 10:00 a.m. at Eternal Valley Memorial Park and Mortuary, 23287 N. Sierra Highway, Newhall, CA 91321. The event is free and open to the public, and light refreshments will be served.

    The garden is a tribute to the Mountain people of Karabakh.  A 9-foot high monument, the only replica of its kind, is a symbol of the grand parents of that reign.  Also known as the “Tatik-papik”, which translates to grandmother and grandfather.  His Eminence the Archbishop Hovnan Derderian will bless the monument. There are over 300 interment spaces for family members to be interred and re-membered throughout time.  We will provide memorial cards for people to complete and hang on the trees that will be present at the grand opening.

    “The Garden of Artsakh is an example of our dedication to understanding, working with, and serving the diverse cultures of our neighbors and the communities we serve.  Eternal Valley Memorial Park looks forward to celebrating with our community members.”

    About Eternal Valley Memorial Park

    Eternal Valley Memorial Park and Mortuary (COA 184, FD 1163) in Newhall, Calif., is a proud member of the Dignity Memorial network of more than 1,800 funeral, cremation and cemetery service providers is North America. Dignity Memorial, the country’s most trusted resource for funeral and memorialization services, offers an unmatched combination of products and locations serving families with care, integrity, respect and service excellence. For more information, call (626) 590-7528 or visit http://www.eternalvalleymortuary.com.       

  • 11 Apr 2022 by Socal Gas

    Grants will support equipment upgrades, employee retention, and deferred maintenance, for local-owned restaurants

     

    LOS ANGELES – April 11, 2022 – SoCalGas today announced a second $525,000 donation to the California Restaurant Foundation's (CRF) Restaurants Care Resilience Fund. Last year, SoCalGas co- founded the Fund to help small businesses recovering from the Covid-19 pandemic and was also a leading donor, committing $525,000 in 2021. Qualifying restaurants throughout SoCalGas’ service area are encouraged to apply for a $3,000 grant starting April 15th. These grants aim to support equipment upgrades, employee retention, and deferred maintenance, allowing small restaurants to recover after nearly two years of incurring debt, losses, and shouldering rising costs.

     

    The application period closes on April 30.

     

    “Restaurants and the families and employees that run them showed incredible resilience and strength as they adapted their businesses to serve all of us during the pandemic,” said David Barrett, vice president and general counsel at SoCalGas and California Restaurant Foundation board member. “Last year’s grants provided essential support to local restaurants as they struggled to keep their doors open. This year, grant funds will provide support for kitchens or crews, while overall supporting restaurant resiliency.”

     

    “We are honored that SoCalGas has returned as a partner for this year’s Resilience Fund, and extremely grateful they identified the program as being worthy of one of their largest charitable donations planned for this year,” said Alycia Harshfield, Executive Director of California Restaurant Foundation. “SoCalGas’ generous contribution will help independent restaurant owners across central and southern California invest in their people, their equipment and ultimately, the long-term health and success of their business.”

     

    This year, the Restaurants Care Resilience Fund will award nearly $1.5 million in grants to small businesses in 2022. Last year, 318 restaurants statewide received grants including Rajas con Crema, in

     

    the City of Maywood, run by wife-and-husband team Alicia and Javier Solorzano, who opened their dream Mexican restaurant after more than 16 years in the catering business. The dishes are inspired by Alicia’s travels, recipes from friends, and family, while adding her own touch.

     

    “We are extremely thankful to the California Restaurant Fund and SoCalGas for the grant, and for creating this fund to help local restaurants,” said Javier Solorzano, owner of Rajas con Crema. “Our concern was to survive, and the grant helped us give back to our community in a time of need. We were able to donate warm meals to local families while paying for our employee’s time. I highly encourage other restaurants to apply for this grant, it can make all the difference.”

     

    “We are grateful to SoCalGas for their ongoing commitment to community and small businesses through this grant opportunity and many other efforts, including their food distributions in the City of Maywood and Southeast Los Angeles during the pandemic,” said Maywood Mayor Heber Marquez.

     

    Another grant recipient from 2021, Natalia Pereira of Woodspoon, a Brazilian restaurant in downtown Los Angeles said, "The Resilience Fund is such a special program on so many levels-the people and the program are wonderful, and this initiative has such an incredible impact on the restaurant community throughout the region!" Woodspoon recently received the MICHELIN Bib Gourmand award that recognizes restaurants with “value for money.”

     

    The Zagat-rated Shiro Restaurant in South Pasadena has been serving French food over 34 years and received a grant award last year. According to Shiro owner Irene Yokoi, "There are no words to express our gratitude for receiving your funds during our turmoil to cope with Covid-19 closures. It has helped us great deal especially for covering the cost of payroll."

     

    In addition to providing financial support to restaurants, SoCalGas offers programs and services for selecting energy-efficient equipment for any commercial customer. Restaurant owners can schedule a “try before you buy” equipment demo to test-drive gas cooking equipment before making a purchase, sign up for an energy survey by a utility expert, and receive information on rebates and incentives on qualified gas cooking equipment, water heating, heat recovery products and installation of eligible energy-efficient upgrades.

     

    Restaurants Care Resilience Fund applications will be open from April 15-30, 2022 and can be found at www.restaurantscare.org/resilience. Grants will be available to all California-based restaurant owners with less than three units and less than $3 million in revenue. Priority will be given to restaurants owned by women and people of color. Last year, the Resilience Fund awarded 318 grants to independent restaurant owners, 65 percent of which were women-owned and 83 percent person of color-owned.

     

    SoCalGas’ partnership with the California Restaurant Fund is part of the company’s ASPIRE 2045 sustainability goals, which includes a commitment to invest $50 million to drive positive change in diverse and underserved communities over the next five years. In addition to supporting the Restaurant Care Resilience Fund, in 2021, SoCalGas contributed $9.6 million in total community investment, $4.8 million to support health & human services, and $2.3 million to education causes. In 2021, SoCalGas’ Fueling Our Communities program provided over 9,800 free meals, over 2,600 grocery bags, and 2,520 restaurant gift cards totaling $60,400 in support of 25 local restaurants.

     

    ###

     

    About SoCalGas

    Headquartered in Los Angeles, SoCalGas® is the largest gas distribution utility in the United States. SoCalGas delivers affordable, reliable, and increasingly renewable gas service to 21.8 million consumers across 24,000 square miles of Central and Southern California. Gas delivered through the company's pipelines will continue to play a key role in California's clean energy transition—providing electric grid reliability and supporting wind and solar energy deployment.

    SoCalGas' mission is to build the cleanest, safest and most innovative energy company in America. In support of that mission, SoCalGas is committed to the goal of achieving net-zero greenhouse gas emissions in its operations and delivery of energy by 2045 and to replacing 20 percent of its traditional natural gas supply to core customers with renewable natural gas (RNG) by 2030. Renewable natural gas is made from waste created by dairy farms, landfills, and wastewater treatment plants. SoCalGas is also committed to investing in its gas delivery infrastructure while keeping bills affordable for customers.

    SoCalGas is a subsidiary of Sempra (NYSE: SRE), an energy services holding company based in San Diego.

     

    For more information visit socalgas.com/newsroom or connect with SoCalGas on Twitter (@SoCalGas), Instagram (@SoCalGas) and Facebook.

     

    About the California Restaurant Foundation (CRF):

    California is home to more than 90,000 eating and drinking places that ring up more than $72 billion in sales and employ more than 1.6 million workers, making restaurants an indisputable driving force in the state’s economy. The California Restaurant Foundation is a non-profit that empowers and invests in California's restaurant workforce. Founded in 1981, CRF supports the restaurant community through relief grants for restaurant workers facing a hardship, job and life skills training for 13,500 high school students each year, and scholarships. For more information visit www.calrestfoundation.org.

  • 04 Apr 2022 by Metro


    Asphalt Paving, SB Lyons Av/Pico Canyon Rd & NB Truck Route  

    Summary 

    As part of the I-5 North County Enhancements Project, Metro’s contractor OHLA-USA, will be performing asphalt paving along southbound I-5 at Lyons Av/Pico Canyon Rd, and on the northbound I-5 truck route between I-210 and Weldon Canyon Rd Bridge. This activity will include use of paving equipment and trucks to import construction material. The work is scheduled for two nights on Thursday, April 7 and Friday, April 8, 2022. 

    What to Expect/ Traffic Control 

    Two-night closure of the northbound I-5 truck route between I-210 and Weldon Canyon Rd Bridge and Lyons Av/Pico Canyon Rd on- and off-ramps. Signage will be posted along the detour routes. Trucks will be detoured to the I-5 general-purpose lanes and vehicles will be detoured to the next available ramp.  

    Southbound I-5 Lyons Av/Pico Canyon Rd on-ramp:

    • Detour: Left at The Old Road, left at Calgrove Bl, enter southbound I-5 Calgrove Bl on-ramp.  
    • Closure hours:  
      • April 7 at 7pm – April 8 at 6am  
      • April 8 at 7pm – April 9 at 9am  

    Southbound I-5 Lyons Av/Pico Canyon Rd off-ramp:

    • Drivers will be rerouted to Calgrove Bl off-ramp 
    • Closure hours:  
      • April 7 at 7pm – April 8 at 6am  
      • April 8 at 7pm – April 9 at 9am 

    Essential Details 

    • Work schedule: Thursday, April 7 and Friday, April 8 between 7pm and 9am. 
    • The northbound I-5 truck route closure hours are:  
    • April 7 at 11pm-April 8 at 5am 
    • April 8 at 11pm-April 9 at 6am.  
    • Consecutive ramps in the same direction will not be closed at the same time. Detours to the next on-ramp will be posted for each closure.  
    • Traffic will be maintained in each direction.   
    • No lane closures will be implemented during morning or evening peak traffic hours.  
    • The speed limit within construction work zones is changed to 55-miles per hours. 

    Noteworthy 

    Access to emergency responders will be maintained. Construction is a dynamic process, it is subject to weather conditions, and information is subject to change, visit the project website for the most up to date information and a weekly listing of ramp closures scheduled. 

     


    Metro's Community Relations team has created a Frequently Asked Questions (FAQs) document that is now available to you as a resource. |  More Information

    Our project team invites you to join our e-mailing list to get the latest details on upcoming construction. |  More Information

    See all active construction notices for this project.| More Information

  • 17 Feb 2022 by Socal Gas

    • The proposed Angeles Link green hydrogen system would drive deep decarbonization of dispatchable electric generation, hard-to-electrify industries, and heavy-duty transportation in the LA Basin
    • The proposed Angeles Link could displace up to 3 million gallons of diesel per day, helping to eliminate hazardous air pollutants, and could allow up to four natural gas power plants to convert to green hydrogen
    • SoCalGas’ application provides for a robust and transparent stakeholder engagement process that includes working closely with regulators, policymakers, and environmental, workforce, and academic stakeholders

    LOS ANGELES – Feb. 17, 2022—Southern California Gas Co. (SoCalGas) today announced its proposal to develop what would be the nation’s largest green hydrogen energy infrastructure system (the “Angeles Link”) to deliver clean, reliable renewable energy to the Los Angeles region. As proposed, the Angeles Link would support the integration of more renewable electricity resources like solar and wind and would significantly reduce greenhouse gas emissions from electric generation, industrial processes, heavy-duty trucks, and other hard-to-electrify sectors of the Southern California economy. The proposed Angeles Link would also significantly decrease demand for natural gas, diesel, and other fossil fuels in the LA Basin, helping accelerate California’s and the region’s climate and clean air goals.

    “The challenges we face on climate require solutions of scale and urgency,” said Scott Drury, chief executive officer of SoCalGas. “The Angeles Link is designed to meet those challenges head-on. Today in Southern California we’re announcing plans for one of the world’s largest clean energy infrastructure systems, to help tackle emissions for which there are no easy answers. Those emissions – from power plants, industry, and heavy-duty trucks - very much ‘count’ and must be significantly reduced to reach our and the State’s climate goals.”

    As the nation’s largest manufacturing hub, the Los Angeles Basin is home to many potential green hydrogen users. As proposed, Angeles Link’s green hydrogen could:

    • Displace up to 3 million gallons of diesel fuel per day by replacing diesel powered heavy-duty trucks with hydrogen fuel cell trucks
    • Eliminate up to nearly 25,000 tons of smog forming NOx per year
    • Provide the clean fuel to convert up to four natural gas power plants to green hydrogen

           As contemplated, the Angeles Link would deliver green hydrogen in an amount equivalent to almost 25 percent of the natural gas SoCalGas delivers today. Building the system to             provide a clean alternative fuel could, over time and combined with other future clean energy projects, reduce natural gas demand served by the Aliso Canyon natural gas storage             facility, facilitating its ultimate retirement while continuing to provide reliable and affordable energy to the region.

    “California policymakers, thought-leaders, business, academic, labor, and environmental communities all agree green hydrogen is vital to achieving our climate and clean air goals,” Drury continued. “With relationships to thousands of industrial end users, a regulatory framework that promotes a transparent and robust stakeholder process serving the public interest, and an extraordinary workforce to do the job safely, SoCalGas is well positioned to work with California to capitalize on this pioneering opportunity to build what would be America’s largest green hydrogen hub. The Angeles Link project, if approved and completed, is poised to extend our state’s position as a leader on clean energy well into the future while helping to attract billions of dollars in new investment and maintaining and creating thousands of skilled jobs.”

    “If we are going to be successful in tackling the climate emergency, we need every company, every worker and every community on the front lines,” Senate Majority Leader Emeritus Bob Hertzberg (D- Van Nuys) said. “This effort to establish a green hydrogen energy system in the Los Angeles basin is a creative and inventive step forward in that fight. It will not only dramatically reduce carbon emissions, it will create good-paying jobs.”

    “We are encouraged that SoCalGas is embarking on a major project that will help make green hydrogen a reality here in Los Angeles,” said Marty Adams, Chief Engineer and General Manager of Los Angeles Department of Water and Power (LADWP). “Developing a source of safe, affordable green hydrogen is key to achieving our clean energy future by 2035, while ensuring the reliability we all need and depend on. Projects like the proposed Angeles Link are an important step forward.”

    “As President of the Los Angeles County Federation of Labor, my priority is creating good union jobs while also seeking solutions that protect workers and their families when they return from a hard day’s work,” Ron Herrera, president of the Los Angeles County Federation of Labor, AFL-CIO said. “The thought of creating a massive clean, green energy hub in Los Angeles, growing union jobs, and preserving the thousands of middle-class jobs for refinery, utility, and electrical workers is exactly the sort of out-of-the-box thinking that this project presents. This is infrastructure done right.”

    “A dedicated green hydrogen system is essential to meeting Los Angeles County’s goal of transitioning to a carbon free energy system,” said Supervisor Kathryn Barger, who represents Los Angeles County’s Fifth District. “By decarbonizing hard to electrify industries, Angeles Link will decrease demand for fossil- based natural gas and increase the amount of reliable clean energy in the region. This will help L.A. County continue to grow sustainably without increasing greenhouse gas emissions and jeopardizing grid reliability.”

    “Utility Workers Union of America Local 132 is excited to support Angeles Link. It is precisely the type of future forward energy thinking our members have long advocated for – innovation, union job creation and maintaining reliable, as well as affordable, infrastructure,” said Eric Hofmann, president of Utility Workers Union of America Local 132. “This is the way to build back the middle class in California.”

     

    “Infrastructure projects like Angeles Link are critical to realizing the green hydrogen vision we developed in HyDeal LA because it will enable low delivered cost for large-scale users across multiple sectors,” said Janice Lin, the founder and President of the Green Hydrogen Coalition. “Continuing a California tradition of leading on climate, Angeles Link will help position the US among global leaders in green hydrogen development. The Green Hydrogen Coalition appreciates SoCalGas’ leadership in facilitating access to high volume, low cost green hydrogen to accelerate California’s economy-wide clean energy transition.”

    Angeles Link is the first real proposal I’ve seen that can substantially decrease the need for natural gas in the city of Los Angeles without compromising grid reliability,” John Lee, Los Angeles City Councilmember, District 12 said. “I support the goals of this proposal because it will help us get one step closer to achieving the City’s goal of 100% clean energy by 2035 without compromising reliability and hurting jobs.”

    “Today’s Angeles Link announcement is exactly the business innovation that the Los Angeles region needs to remain competitive and affordable today and well into the future” added Tracy Hernandez, Founding CEO of the Los Angeles County Business Federation (BizFed). “A thriving Southern California is essential for California to succeed. Building out a clean energy infrastructure is a win-win for local businesses, our state and, ultimately, the country.”

    “We are on the precipice of huge growth in the production, distribution, and use of green hydrogen to enable high renewable use and zero emissions in all sectors of the economy,” said Jack Brouwer, Director the National Fuel Cell Research Center at the University of California, Irvine. “For nearly a decade, SoCalGas has worked together with us and others to make the hydrogen economy a reality, including helping us build the very first power-to-gas-to-power system in the country right here on the UCI campus. The Angeles Link is a great example of what can be done when government, industry, and academia work together toward a common purpose.”

    “Achieving carbon neutrality requires an integrated clean fuels network to power transportation and industries that are difficult to electrify,” said Lew Fulton, Director of the Sustainable Transportation Energy Pathways Program, for the Institute for Transportation Studies at University of California Davis. “This project will help develop a green hydrogen network that can deliver this energy to our nation’s largest transportation and manufacturing centers while enabling the widespread production of low-carbon, renewable electricity.”

     

    Green Hydrogen Is Key to Reaching Net Zero Emissions by 2045

    Renewable green hydrogen has the potential to deliver significant emissions reductions in industries and sectors where renewable electricity alone cannot. Research studies conducted by Energy and Environmental Economics, Inc. (“E3”) and the National Renewable Energy Laboratory (NREL LA100) highlight the need for clean fuels like green hydrogen to achieve Los Angeles’ LA100 net zero goals and California’s mid-century climate goals.

    Global investments in green hydrogen are helping to reduce its cost. Locally, HyDeal Los Angeles, an initiative of the Green Hydrogen Coalition, a non-profit organization supported by the Los Angeles Department of Water and Power (LADWP), SoCalGas, Mitsubishi Power, and others aims to make green hydrogen cost-competitive with traditional fuels – and achieve at-scale green hydrogen procurement at

    $1.50/kilogram in the LA Basin by 2030.

     

     

    The proposed Angeles Link is key to helping the region achieve its goals, and it is an extension of SoCalGas’ role as an industry leader in hydrogen. In 2015, the company launched the first power-to-gas hydrogen demonstration project in the U.S. In 2021 Fast Company magazine chose SoCalGas’ H2 Hydrogen Home microgrid demonstration as one of its World-Changing Ideas in North America. Today SoCalGas has 10 hydrogen pilot projects in motion and is testing moving hydrogen through existing natural gas infrastructure.

     

     

    Preliminary Actions

    To promote the public’s interest in transparency and accountability, SoCalGas today is filing an application with the California Public Utilities Commission (CPUC) requesting approval to track costs related to development of the Angeles Link. The company proposes a phased approach with a robust stakeholder process each step of the way. The application, available here includes descriptions of each phase, including development of a detailed project application as part of Phase 3. With this application submission the proposed Angeles Link is in its initial stage of development, and subsequent stages will require further regulatory review and discretionary approvals, among other things.

     

    SoCalGas’ Clean Fuels Initiatives Supporting California’s Climate Goals

    In support of California's climate goals and in alignment with Paris Agreement recommendations, SoCalGas set a net zero emissions goal for scopes 1, 2, and 3 greenhouse gas emissions by 2045. SoCalGas' Aspire 2045 strategy focuses on helping California navigate the energy transition to a carbon neutral economy with a resilient, clean gas grid.

    To learn more about SoCalGas’ sustainability efforts and read SoCalGas’ new Aspire 2045 Sustainability Strategy, click here.

    To learn more about SoCalGas’ proposed Angeles Link project, click here.

     

  • 22 Jan 2022 by SCV Water

    SANTA CLARITA – SCV Water is undertaking a review of electoral division boundaries, as required by state law. A virtual public hearing is scheduled for Tuesday, January 25 at 6:30 p.m., and the public is invited to attend. The hearing will introduce the redistricting process, provide an opportunity for community input, and share proposed mapping options for division boundaries. No action will be taken at this first meeting, so further opportunity for public input is available.

    Census data from 2020 shows the current division boundaries still result in an almost perfectly balanced population distribution, with less than 1% difference between any of the three.

    The redistricting process must maintain connections within communities, consider the geography and topography, such as natural and man-made boundaries, as well as the cohesiveness and integrity of the area, and address planned future growth. The process must also not draw divisions to favor or disfavor political incumbents, candidates, or political parties.

    To attend the meeting, the agenda with Zoom link can be found at https://yourscvwater.com/wp- content/uploads/2022/01/SCV-Water-Special-Board-Meeting-Packet-January-25-2022.pdf

    For more information, visit www.yourSCVwater.com.

    What is redistricting?

    Redistricting is the process of adjusting the boundaries of election districts for cities, counties, school boards, and water agencies. Local governments must redistrict following population shifts based on federal census data once every ten years to ensure communities have equal access to political representation. This process is important in ensuring each elected board member represents about the same number of constituents and in determining which neighborhoods and communities are grouped into divisions to elect representatives.

    # # #

     About SCV Water:

    The Santa Clarita Valley Water Agency (SCV Water) is a full-service regional water agency located in the Santa Clarita Valley. SCV Water provides water service to approximately 75,000 business and residential customers. It was formed on January 1, 2018, when local water suppliers combined into one integrated, regional water provider. More information can be found at www.yourSCVwater.com

    For more information, please contact:

    Kathie Martin, Communications Manager, kmartin@scvwa.org

  • 17 Nov 2021 by Matt Stone

    SANTA CLARITA – In response to persistent, exceptional drought conditions throughout the Santa Clarita Valley and the state, SCV Water activated Stage 1 of its Water Shortage Contingency Plan and Water Conservation and Water Supply Shortage Ordinance this week.

    Stage 1 establishes a framework to prohibit common, but easy to correct, water waste practices. These activities will convert wasted water to beneficial use for future years should drought conditions persist and will assist the Valley with the Governor's 15% of 2020 voluntary conservation call.

    “Our customer’s efforts are trending in the right direction, but we still need to work together to ramp up additional conservation across the Santa Clarita Valley, so we can achieve our voluntary target,” said SCV Water’s General Manager Matt Stone. “We’ve saved during past droughts, and we’re confident our customers will take this call to practice voluntary conservation to heart.”

    California has entered its third year of drought and reservoirs remain at critically low levels. These conditions prompted Governor Newsom to proclaim a statewide drought State of Emergency and call on all Californians to voluntarily reduce their water usage by 15%. Additionally, as the statewide conservation response in July and August fell short of the goal, the governor’s emergency proclamation directs agencies to execute their urban Water Shortage Contingency Plans to supplement voluntary conservation. Stage 1 of the Agency’s Water Shortage Contingency Plan and Water Conservation Supply Shortage Ordinance not only support water conservation through strategies prioritizing education and engagement, but also includes prohibition of certain wasteful water practices.

    In light of both statewide and local hydrologic conditions, consecutive dry water years, record low precipitation, and in response to the governor’s emergency proclamations, SCV Water has proactively implemented strategies to mitigate potential supply shortages, educate the public on the status and impacts of the current drought, and to encourage water conservation.

    “SCV Water is drought-ready,” said SCV Water’s Sustainability Manager Matt Dickens. “Curbing water waste, especially outdoors, is simple and low cost, and SCV Water offers our customers many programs to increase water efficiency. We are here to help.”

    Stage 1 Explained

    The Stage 1 action encourages customers to voluntarily reduce their water use by a minimum of 10% and to participate in the many available programs to increase water-use efficiency, including:

    • Rebates for turf replacement, smart irrigation controllers, high-efficiency irrigation upgrades and more
    • Free Home Drought Ready Check-Ups
    • Irrigation tune-ups
    • Leak detection device incentives
    • Online WaterSMART Workshop, gardening classes and other resources In addition, watering restrictions take effect that prohibit the following actions:
    • Allowing runoff onto non-irrigated areas when irrigating with potable (drinking) water
    • Using hoses with no shutoff nozzles to wash cars
    • Using potable water to wash sidewalks, driveways and hardscapes
    • Using potable water in decorative water features that do not recirculate the water
    • Irrigating outdoors during and within 48 hours following precipitation of a quarter inch or more
    • The irrigation with potable water of ornamental turf on public street medians

    “We know that many of our customers already embrace these water-wise practices, and just hope to remind them that these simple actions can achieve significant savings,” said Dickens.

    Community Engagement

    To further support these efforts, SCV Water will increase public outreach and education for our customers and community. The Agency has also partnered with the City of Santa Clarita and L.A. County Waterworks District #36 to form a Sustainable Water Action Team (SWAT), to coordinate drought efforts and outreach. SCV Water will continue to monitor the situation to determine the best next course of action.

    For more information and resources, visit www.DroughtReadySCV.com.

     

    ###

    About SCV Water:

    The Santa Clarita Valley Water Agency (SCV Water) is a full-service regional water agency located in the Santa Clarita Valley. SCV Water provides water service to approximately 75,000 business and residential customers. It was formed on January 1, 2018, when local water suppliers combined into one integrated, regional water provider. More information can be found at www.yourSCVwater.com

    For more information, please contact:

    Kathie Martin Communications Manager SCV Water kmartin@scvwa.org

  • 02 Nov 2021 by Vance Wealth

    At the end of each year, most business owners file their taxes with one simple goal: to save as much as possible on the next return. But at Vance Wealth, we take a different approach to tax planning.

    Of course, we use creative tax strategies to help our clients maximize their savings each year, but we also look at the bigger picture. We plan for the present with the future in mind.

    It’s a balance – and it’s where we excel.

    “Business owners of all sizes have the prudent goal of minimizing their tax burden, but the idea is not to avoid taxes, simply for the sake of avoiding taxes,” explained John Vance, President and Visionary of Vance Wealth. “Our goal is to maximize your savings over the course of your lifetime by making strategic and intentional choices today.”

    That’s how we help our clients forge an achievable path to something greater, and we want to help you do the same. Here are three tax strategies to help your business save on taxes in the long run.

    1. Tax Planning

    Refreshing your tax plan encourages you to rethink your approach to tax savings, by creating a long-term plan to lower the cost in the future. Sometimes, it’s just a matter of asking the right question: How do I create more tax savings over the life of my business, not just this year?

    1. Charitable Giving Deductions

    The tax code for charitable giving deductions changed significantly in recent years, and if you haven’t adjusted your strategy, you’re missing out on valuable savings. Similar to the change in mindset required for big-picture tax planning, charitable giving deductions require a little forward thinking. By planning for a lifetime of giving, you save more and give more. That’s what we call a win-win.

    1. Payroll Structure

    Many business owners don’t realize it, but how you decide to pay yourself and your family impacts your payroll tax and personal income taxes. The amount you pay yourself, as well as the pay structure you use, can make a big difference in your tax plan. For example, if your kids have part-time jobs at your company, simply adding them to payroll can help you save.

    We’ve helped dozens of clients review their business and tax plans to save thousands up front – and achieve even more in the long run. If you haven’t reviewed your plan in the last year, we would love to help you see the difference thoughtful planning can make, now and for years to come.

    To book a complimentary consultation with one of our Wealth Advisors, please visit our website vancewealth.com/book-an-appointment/ to set up an appointment.

     

    Vance Wealth, Inc. (“Vance Wealth”) is a registered investment advisor. Advisory services are only offered to clients or prospective clients where Vance Wealth and its representatives are properly licensed or exempt from licensure. The information provided is for educational and informational purposes only and does not constitute investment advice and it should not be relied on as such. It should not be considered a solicitation to buy or an offer to sell a security. It does not take into account any investor’s particular investment objectives, strategies, tax status or investment horizon. You should consult your attorney or tax advisor. The views expressed in this commentary are subject to change based on market and other conditions. These documents may contain certain statements that may be deemed forward‐looking statements. Please note that any such statements are not guarantees of any future performance and actual results or developments may differ materially from those projected. Any projections, market outlooks, or estimates are based upon certain assumptions and should not be construed as indicative of actual events that will occur.

  • 01 Oct 2021 by Flair Cleaners

    VALENCIA, CALIF., October 1, 2021 Flair Cleaners, Southern California’s leading eco-friendly dry cleaners, announced its 3rd Annual Cancer Fundraiser, which will take place throughout the month of October. Customers may donate to Flair Cleaners in Valencia, 27011 McBean Parkway (at Magic Mountain Parkway), and designate which of three nonprofits to support, the National Breast Cancer Foundation, ZERO - The End of Prostate Cancer, and CURE Childhood Cancer.

    “Every year these diseases impact thousands in our communities, including our family, friends, and customers,” said Gary Futterman, Flair Cleaners Owner. “That’s why we are dedicating October to building awareness, raising funds, and supporting efforts to find cures for breast, prostate, and childhood cancers.”  

    100% of customer donations go directly to one of these nonprofits. Flair Pickup and Delivery customers can email FlairCares@FlairCleaners.com or call Flair for information on ways to donate. Flair will match the total donations up to $5,000 for the campaign.

    •       National Breast Cancer Foundation - providing help and inspiring hope to those affected by breast cancer through early detection, education, and support services.

    •       ZERO - The End of Prostate Cancer - working to end prostate cancer, advance research, and improve the lives of men and their families.

    •       CURE Childhood Cancer - raising funds to advance research, lobby important legislation, and provide support to thousands of childhood cancer patients and their families.

    About Flair Cleaners

    Since 1958, Flair Cleaners, a family-owned business, has delivered on its promise to provide exceptional quality and personal service that brings new "life" into our clients’ wardrobes and home accessories.  With four locations – Redondo Beach, Santa Monica, Studio City, and Valencia – Flair Cleaners has earned a reputation as a trusted pillar of the community through its family’s commitment to eco-friendly cleaning, contributions to educational, veteran, and other nonprofit organizations, and outstanding quality that helps customers look their best.  For more information on Flair Cleaners, its community service or its green environmental practices and awards, visit FlairCleaners.com, follow us on Instagram, or like us on Facebook.

     

  • Santa Clarita, California:  The Zonta Club of Santa Clarita Valley will present two events to celebrate women in film: First, a twilight celebration honoring ten incredible local women who are leaders in the Santa Clarita Valley taking place on Thursday, October 14th at 5:00 p.m., and culminating in the viewing of the 2021 LUNAFEST™ film festival at the Newhall Laemmle Theaters; and second, a conference taking place at the University Center, College of the Canyons on Saturday, October 16th from 9:00 a.m. until noon and featuring ten accomplished film industry professionals.

    Zonta SCV is proud to bring LUNAFEST™ to Santa Clarita for the 10th year. This milestone has given Zonta the opportunity to also showcase outstanding local women in film and associated businesses not only for their accomplishments but for their leadership in helping aspiring women to also enter the industry in one of its many businesses and roles. Zonta wants to increase training and employment opportunities and mentoring for SCV women who seek careers in the burgeoning local film industry.

    The exciting Celebration of SCV Women in Film event on October 14th will honor ten amazing business leaders who work in the film industry and associated businesses. These women have reached leadership roles in established companies, or they have created a business of their own through their visionary and entrepreneurial talents. Before being led to the Laemmle Theaters for the viewing of the LUNAFEST films, guests will be treated to a delightful array of appetizing and robust small plates, wine, and a mimosa bar. Sponsorships with concierge service and tickets are available at www.scvzonta.org/lunafest.

    Following this exciting celebration, a Conference focusing on Saturday, October 16th on “How to Get In and How to Get Ahead” will encourage and inspire an audience comprising women of all ages who want to get into the film industry and other businesses. The two panels will feature many of the leading women who will have been honored at the “SCV Women in Film” celebration. This event is free-of-charge.

    Nicole Miller, President of Zonta SCV, said “We are looking forward to honoring these great women and assisting others to break into the film industry.”

    Helping women improve their status has long been the goal of 47-year-old Zonta SCV. This is accomplished through a variety of initiatives including addressing women’s health problems, creating service projects dealing with domestic violence, scholarship programs for women advancing their status through education, a monthly on-line women’s workshop dealing with topics of interest and learning for women who are underserved, a robotics program for middle school girls, a community grants program for local nonprofit agencies that have special programs which advance Zonta’s mission, and more. Dollars raised through the event will support the many philanthropic, advocacy and service activities of Zonta.

    Sponsorships and tickets are available at www.scvzonta.org/lunafest. The Saturday Conference is free-of-charge; however seating is limited so reservations are required at www.scvzonta.org/lunafest.

    ###end###

  • 22 Sep 2021 by Vance Wealth

    Join John Vance & Brian Koegle as they discuss strategies to help you protect your business and achieve more in 2022. 

    When: Thursday, October 7th from 9:00am - 10:30am

    Register here: 

    https://raymondjames.zoom.us/webinar/register/WN_PnaWzoLLQLW9Zl_vK_0hrA

    Topics covered include:

    • Business and Tax Planning Strategies
      • Payroll optimization 
      • Retirement Plan design
      • Year-end Tax Strategies
      • Employee Retention 

    • Legal Matters
      • California Employer Best Practices
      • Compensation
      • Meals & Rest Periods
      • Leaves of Absence

    About your speakers:

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

    Disclosures: Vance Wealth, Inc. (“Vance Wealth”) is a registered investment advisor. Advisory services are only offered to clients or prospective clients where Vance Wealth and its representatives are properly licensed or exempt from licensure.

    The information provided is for educational and informational purposes only and does not constitute investment advice and it should not be relied on as such. It should not be considered a solicitation to buy or an offer to sell a security. It does not take into account any investor's particular investment objectives, strategies, tax status or investment horizon. You should consult your attorney or tax advisor.

    The information is for general information purposes only. Nothing should be taken as legal advice for any individual case or situation. This information is not intended to create, and receipt or viewing does not constitute, an attorney-client.

  • 21 Sep 2021 by DeDona Restoration

    We welcome CORE by DeDona Restoration to an exceptional property restoration of contractors that have met CORE’s rigorous credentialing standards. DeDona Restoration has proven to be an organization that believes in operating with the highest standards of craftsmanship, quality, and integrity. As a Branded Member, they will have access to innovative technologies to increase operational efficiencies, unique vendor & supplier resources, world-class networking events, and exclusive educational opportunities to elevate every key role in their business, all without giving up their independence.

    “We are thrilled to welcome CORE by DeDona Restoration to our growing network of the finest independent contractors in the industry,” said Dan Cassara, CEO of CORE Group. “The combination of bringing together leaders from the most experienced service providers, while employing state-of-the-art technology and best practices, will truly be a game-changer. Our relationship with CORE by DeDona Restoration will help them sustain years of growth & success, and only strengthens our unwavering commitment to service excellence for our clients.”

    “It is an honor to have been accepted into the CORE family”, said Michael Fitzgibbons, owner of DeDona Restoration, “and to have the opportunity to work alongside companies that align with DeDona’s core values. In my opinion your company values need to be more than words on a piece of paper, they are action items. We at CORE by DeDona Restoration look forward to many years of continued success and great relationships.”

    About DeDona Restoration

    DeDona Restoration is about creating family, not just customers! Proudly serving LA County, they provide water and fire damage restoration, mold remediation, and sewage cleanup. Founded on a principle to serve the community, DeDona makes sure the customers’ needs are at the forefront of everything that they do. Holding the standard for quality service, DeDona Restoration is committed to genuine care, excellent services, and quality work that lasts a lifetime.

    About CORE
    CORE Group Inc., headquartered in Austin, Texas, is a network of disaster restoration contractors delivering private client centric claim services. CORE contractors must meet all industry standards needed to perform work, they are certified, insured, and fully vetted. Learn more at 
    gowithcore.com | joincore@gowithcore.com.

  • 04 Aug 2021 by Vance Wealth

    Santa Clarita 401k Advisor offers new benefit to help employers attract talent

    Financial education can provide competitive edge in hiring shortage

    Santa Clarita, Calif. — Santa Clarita wealth management firm and 401k Advisor Vance Wealth recently announced a new benefit that may help local businesses attract and retain top talent. The added perk could give employers an edge if they’re experiencing a hiring shortage.

    Vance Wealth now offers a 30-minute financial planning session to all participants enrolled in an Advanced 401k Solutions custom retirement plan. In this targeted one-on-one session, each employee receives specific, actionable financial guidance that will make an immediate difference in their lives.

    “A great way to stand out and remain competitive is to offer a superior benefits package, especially if increasing wages isn’t an option right now,” explained Jason Lane, director of retirement accounts for Vane Wealth. “This planning session will help employees make the most of their benefits, and it can help them set up a strong foundation for their financial future.”

    The perks of financial education and planning should not be underestimated. An attractive benefits package – complete with financial education and support – is an excellent way to win over your industry’s top talent, especially while many businesses are struggling to hire workers. 

    And it’s not just a benefit for employees. Programs that support employee financial wellness are a win-win for the employer and the employee.

    Improving employees’ financial stability can improve the ROI on labor costs by lessening financial stress so they can focus on their work, according to a report by the workplace technology firm Ceridian. The result is an increase in their productivity and reduced absenteeism.

    “Our passion is providing financial education that benefits both the employer and the employee – to help create a stronger, more effective team that achieves more together,” Lane said.

    To learn more about the new Advanced 401k Solutions offering, please call 661-775-0950 to schedule a complimentary consultation with a Vance Wealth adviser, or visit advanced401k.com or schedule a complimentary consultation https://vancewealth.com/book-an-appointment/Team meeting

     

     

    About Advanced 401k Solutions

    At Advanced 401k Solutions, we take pride in designing highly customized solutions that meet the distinct needs of each of our clients. We believe there is no such thing as a “one size fits all” approach to retirement planning and collaborate with our clients to develop plan review processes that work for them.

    Our team is focused on providing outstanding service to help plan sponsors meet their fiduciary duties and to assist plan participants in achieving their retirement goals. We aim to accomplish this by increasing the transparency of plan fees, providing an in-depth understanding of investments, and offering superior educational resources.

    About Vance Wealth

    Since 2003, Vance Wealth has served as a premier financial planning practice passionately committed to helping clients and families succeed at every step of their financial journey. Serving Southern California, the practice delivers innovative and comprehensive wealth management strategies precisely customized to each client’s goals and needs. To schedule a consultation and learn more, call 661-775-0950, email info@vancewealth.com or visit VanceWealth.com.

  • Logix Federal Credit Union announced Thursday that, for the fourth consecutive year, it has been awarded on the Forbes list of America’s Best-In-State Credit Unions 2021. This prestigious award is presented by Forbes and Statista Inc., the world-leading statistics portal and industry ranking provider. The awards list was announced on June 24 and can be viewed at America’s Best Credit Unions In Each State 2021.

    Forbes and Statista identified America’s Best-In-State Credit Unions 2021 based on an independent survey of approximately 25,000 U.S. consumers who were asked to rate credit unions at which they have or previously have had checking accounts. Participants made recommendations regarding overall satisfaction. They also assessed banks in the following areas: trust, terms and conditions, branch services, digital services, customer service, and financial advice.

    Based on the results of the study, Logix staff is ecstatic to be recognized on the Forbes list of America’s Best-In-State Credit Unions 2021. Logix members continue to vote the credit union best, as Logix is one of two credit unions in the entire state honored with this award for four consecutive years.

    “We’re fortunate to have the best members,” said Kevin Rishko, SVP of Retail Banking and Loan Centers. “Year over year, they vote Logix as their preferred financial institution with surveys and by referring
    friends and family. We are grateful to have their support.”

    Forbes ranked Logix near the top in scores for most trusted credit unions, and for being a financial institution members would recommend to their friends. Logix CEO Ana Fonseca shared her gratitude for member support.

    “Attaining this recognition during normal times is commendable, but the fact that we’ve achieved it during the most challenging time in our history demonstrates our commitment to helping our members thrive even during the most difficult times.”

    About Logix
    Chartered in 1937, Logix Federal Credit Union offers a full menu of financial services, and surcharge-free access to 30,000 ATMs nationwide. Logix Federal Credit Union is rated “superior” for financial strength, and is the largest credit union headquartered in Los Angeles County, with more than 215,000 members and $8 billion in assets. Logix operates 18 branches in Los Angeles and Ventura counties. Federally insured by NCUA. Logix is an Equal Housing Lending. NMLS ID 503781. For more information, visit 
    www.lfcu.com.

  • 16 Jun 2021 by Vance Wealth

    At Vance Wealth, we believe financial planning should empower you to achieve what matters most. Our thoughtful process is designed to help you stay the course when things are working, and embrace change when it’s needed to forge a path to something greater.

    For business owners, this includes a financial plan for your company that’s as comprehensive as your personal plan – and it all starts with four best practices that set up every business for success.

    “One of the first things we do for our business owners is look at the foundation of their business planning,” explained John Vance. “Often, our initial goal is to help create some confidence and clarity, and there are four key areas that help us establish this.”

     

    1. Build cash reserves.

    First, we focus on building cash reserves for at least six months. Over time, we build this up to two years of cash reserves. To establish this vital safety net, we pull from various sources:

    • Bank reserves
    • A business line of credit
    • Personal investments that can be used as collateral, in an emergency

     

    1. Manage your accounts receivable.

    One of the areas businesses often look past is their accounts receivable, but having too much cash tied up in accounts receivable can really crush a company. Here are a few simple strategies to correct an imbalance:

    • Collection periods should be shortened to less than 30 days.
    • If needed, implement a retainer, especially in service- based businesses.
    • Have an attorney properly draft all your contracts and agreements.

     

    1. Establish an emergency plan.

    As the business owner, you carry the weight of your company’s operations on your shoulders every day. But what would happen if something happened to you? Creating an emergency plan gives you the confidence that things will be taken care of, according to your wishes, no matter what. Here are a few steps to implement a solid emergency plan:

    • Fund a buy/sell agreement: a legally binding document that permits your business to continue operating in the event of the death, disability or retirement of the business owner.
    • Make sure everything is properly documented with your attorney.
    • Gather all your legal documents in a protected yet accessible place, and have a plan for who will access them in the event of an emergency.

     

    1. Develop an exit strategy.

    Finally, it’s important to develop an exit plan for your business. This is where your personal financial plan really comes into focus. Ask yourself: How much is enough for me and my family? What are my goals, and how much do I need to get me there? Your exit plan should include:

    • Your minimum dollar amount for the sale of your business
    • How to continue the legacy of your business with employees and customers
    • Other wishes and goals you hope to achieve

     

    • Are ready to take the steps needed within your business? To book a complimentary consultation with one of our Wealth Advisers https://vancewealth.com/book-an-appointment/, We would love to help you achieve more.

  • On June 22nd at 1:00pm executives are invited to participate in an interactive online workshop presented by experts in the fields of cyber-security and cyber insurance. The session will focus on securing the remote workforce and home office and promote an understanding of how cyber insurance fits into an overall cyber security strategy. Participants can register at www.lbwinsurance.com.

    LBW Insurance and Financial Services and the Pepperdine Graziado School of Business are partnering to bring this executive education opportunity to the business community. Three cyber specialists will present the program. The first is the Deputy Chief Information Security Officer for the County of Los Angeles, Jeffrey Aquilar, MBA, CISM, CRISC, CDPSE. Second is Howard Miller, CRM, who is the director of the Tech Secure® division of LBW Insurance and Financial Services. The third industry expert is Charla Griffy-Brown, PhD, a professor of Information Systems and Technology Management at Pepperdine’s Graziadio Business School.

    Participating executives will be updated on today's cyber threat environment and what they need to know to be better protected. The first portion of the workshop will include briefs from the three industry specialists and the remainder of the session will be a customized interactive learning experience. The program will offer a risk-based approach to cyber insurance and how to implement cyber insurance as part of an overall strategy. Participants will also learn steps to secure today's remote workforce, especially focusing on securing the home office.

    This 90-minute online workshop is for Board and Executive leadership and is designed to educate and reinforce the tools needed to sustain organizations in an emerging post pandemic cybercrime environment.

    About LBW Insurance and Financial Services

    Founded in 1922, LBW Insurance and Financial Services provides Property & Casualty, Life, Health, Long Term Care and Disability insurance as well as a complete range of financial services for both businesses and individuals. Headquartered in Valencia, the firm is licensed in all 50 states and is appointed with more than 100 insurance carriers.

    About Pepperdine University Graziadio Business School

    For more than 50 years, the Pepperdine Graziadio Business School has challenged individuals to think boldly and drive meaningful change within their industries and communities. Dedicated to developing Best for the World Leaders, the Graziadio School offers a comprehensive range of MBA, MS, executive, and doctoral degree programs grounded in integrity, innovation, and entrepreneurship. The Graziadio School advances experiential learning through small classes with distinguished faculty that stimulate critical thinking and meaningful connection, inspiring students and working professionals to realize their greatest potential as values-centered leaders.

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