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  • 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.

  • 21 Apr 2021 by Shanele Stoll

    Santa Clarita, Calif. — After a year of record growth, Santa Clarita-based financial planning firm Vance Wealth is excited to welcome back Chief Operating Officer Chris Pelch, who is returning to the team to help support a new phase of expansion.

     

    “Over the last three years, we’ve grown our team from 6 to 13 employees while also growing our family of clients,” explained John Vance, President and Visionary of the firm. “From an operational perspective, it’s really important to have someone who can oversee your systems and processes and ensure our client experience is second to none. That’s why we brought Chris back to the team.”

     

    Chris adds an expertise in teaching, operations management and financial planning to the firm, and as COO, he’ll help strengthen and support the team, while continuing to serve as advisor to a select group of clients. He’s most excited to work with people he respects and admires, and he’s eager to help Vance Wealth grow according to plan.

     

    “I’m extremely excited about this role because I get to work with a lot of different people. I get to focus on the overall offerings and growth of the firm, while also figuring out how I can break down barriers for a team that’s already doing great work,” Chris explained. “My goal is to allow our team members to focus on the areas where they excel and provide support in the areas where we can grow.”

     

    With two master’s degrees in education and business administration – and nearly a decade of experience in the financial planning industry – Chris is perfectly positioned to help teach business owners how to run a financially sound and operationally efficient company. While he began his career with Teach For America, he eventually turned his passion for education toward the financial world. He’s worked for a nationally recognized financial firm, a Beverly Hills-based Registered Investment Advisor (RIA) and, previously, for Vance Wealth.

     

    In 2013, Chris first joined the team to streamline operations, implement a new trading platform, oversee the investment committee and help launch Advanced 401k Solutions – all while managing his own book of clients. He quickly learned that his passion lied in the business owner’s journey, and in 2017, he decided to deepen his knowledge by pursuing his MBA.

     

    “I realized I had a gap in my understanding of a business owner’s journey, specifically in terms of operations and how they affect a company’s financial success,” Chris explained. “To best serve my clients, I knew I needed to get a clearer understanding on what goes on internally. Only then could I be of true value when looking from the outside in.”

     

    Vance Wealth is founded by John Vance and headquartered in Santa Clarita, with an additional office in Pasadena. To schedule a complimentary consultation with Chris Pelch, please call 661-775-0950, email info@vanceweath.com or visit VanceWealth.com.

    About Vance Wealth

    Since 2003, Vance Wealth has served as a premier Santa Clarita-based financial planning firm 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.

    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.

  • 24 Mar 2021 by Socal Gas

    Southern California Gas Company is excited to share with you an ambitious commitment we’re making -- to achieve net zero greenhouse gas (GHG) emissions in our operations and delivery of energy by 2045.

    SoCalGas’ commitment makes us the largest North American gas distribution utility to set a net-zero target that includes scopes 1, 2, and 3 GHG emissions. We plan to reduce our company’s direct emissions and those generated by customers. This means not only will the trucks we drive, the buildings we own, and the pipelines we operate make this transition, but also the fuel we deliver to our customers will be net zero emissions by 2045.

    America’s decision to rejoin the Paris Climate Agreement reaffirms our national commitment to a global clean energy future. California lawmakers have set even more ambitious goals – carbon neutrality across all sectors of the economy by 2045. SoCalGas supports these goals. As we take this journey to a cleaner energy future, it is vital that energy remain reliable and affordable for all Californians. No energy company is more dedicated to achieving that than SoCalGas.

    SoCalGas’ commitment to net zero 2045 is a natural extension of our decades-long industry leadership. Since the passage of California’s landmark California's Global Warming Solutions Act of 2006 (AB 32), our decarbonization, diversification, and digitalization efforts have supported the reduction of over 7 million metric tons of CO2e below our 1990 levels – the equivalent of removing 1.5 million cars from the road for a year.

    We invite you to read our Climate Commitment here and our press release announcing the news here.

    You can follow our journey to net zero 2045 by visiting socalgas.com/Mission

    Thank you for your continued partnership and support

  • 17 Mar 2021 by LYFE Networks

    IT support company continues to expand its client roster during COVID-19 pandemic by providing IT support and managed services to the media giant.

    Valencia, CA - October 12, 2020 -- LYFE Networks, Southern California’s most trusted IT support partner, has signed an agreement with CBS Television Studios to provide support and help manage the media giant’s IT infrastructure. 

    CBS Television Studios will outsource IT support to LYFE Networks, taking advantage of their vast array of services including: business computer support and setup, business technology security, data recovery, data cabling, remote helpdesk support, computer network design and hardware/software purchase and support. LYFE will be working closely with the network’s producers and studio heads to make their workflows more efficient, reduce downtime and enable secure telework for employees.

    A Project Manager for CBS Television Studios stated: “LYFE Network’s instant attentiveness to offer lightning fast solutions to our system’s problems is unbeatable. They jumped in head on and did a lot of the initial leg work to get our systems to a place where our teams could work, both remotely and on-site, without interruption. LYFE Network’s CEO personally answered every email, call and request, no matter when it came up - I have never been so impressed with a company prior to this.” 

    Founded in 2004 by Adam Ashby, LYFE Networks mission is to build people’s confidence in their computers and networks so they can be more productive and efficient. While they support an array of different industries, they specialize in IT support for small businesses as well as the medical, legal, and manufacturing industries.  

    “As an entrepreneur whose business comes mostly through word of mouth, we are incredibly grateful and honored to be working with an enterprise like CBS Television Studios,” said Adam Ashby, CEO and Founder of LYFE Networks. “In fact, during these hard times, we’ve seen more big companies looking to expand their IT security teams, as the new work-from-home environment can open up previously unforeseen vulnerabilities. We have seen a drastic increase in demand for our services and have helped many of our clients ensure that their systems are sound and protected.” 

    For more information about LYFE Networks, check out our website https://lyfenetworks.com/. 

    About LYFE Networks

    Located in Valencia, California, LYFE Networks was founded in 2004, and is the trusted IT support partner for businesses in Santa Clarita, Lancaster, Palmdale, and throughout North Los Angeles County. We design and support reliable and secure modern office technologies, while mitigating IT risks for our clients so that they can focus on running a productive and efficient business. 

  • 18 Feb 2021 by Vance Wealth

    Santa Clarita, CA – John Vance President, of Vance Wealth located at 26491 Summit Circle was among the Raymond James-affiliated advisors named to the Forbes list of Best-In-State Wealth Advisors. The list, which recognizes advisors from national, regional and independent firms, was released online February 11, 2021.

    Since 2003, Vance Wealth has served as a premier financial planning team 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.

    Our mission is to help our clients and families succeed at every step of their financial journey, inspiring them to achieve more. We are committed to stand by their sides to help make the difficult decisions, celebrate life’s joys and be a trusted partner for every moment in between.

    Passionately delivering personal care and expertise. While our clients represent a broad range of unique backgrounds with differing dreams and goals, our team offers specialized experience and deep expertise particularly in the following areas: retirement planning, business planning, loss of a loved one and divorce planning.

    To learn more about John Vance or the advisors at Vance Wealth, more information can be found at VanceWealth.com.

     

    About Forbes ranking of Best-In-State Wealth Advisors

    Data provided by SHOOKTM Research, LLC.

    Source: Forbes.com (January, 2021). The Forbes ranking of Best-In-State Wealth Advisors, developed by SHOOK Research, is based on an algorithm of qualitative criteria, mostly gained through telephone and in-person due diligence interviews, and quantitative data. Those advisors that are considered have a minimum of seven years’ experience, and the algorithm weights factors like revenue trends, assets under management, compliance records, industry experience and those that encompass best practices in their practices and approach to working with clients. Out of approximately 32,725 nominations received, based on thresholds, more than 5,000 advisors received the award. Portfolio performance is not a criteria due to varying client objectives and lack of audited data. Neither Forbes nor SHOOK receives a fee in exchange for rankings. This ranking is not indicative of advisor’s future performance, is not an endorsement, and may not be representative of individual clients’ experience. Neither Raymond James nor any of its Financial Advisors or RIA firms pay a fee in exchange for this award/rating. Raymond James is not affiliated with Forbes or Shook Research, LLC. For more information: www.SHOOKresearch.com.

     

    About Vance Wealth

    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.