Tax forms are accessible online at Schwab.com and via a smartphone or tablet through the Schwab app.
Computer Access: Log in to schwab.com/1099dashboard. You will be able to view, save and print your documents from the landing page. Please note that Schwab plans on generating a second wave of tax documents around mid-February. If you do not see your tax forms right away, they may not yet be available. Non-reportable tax documents, or 5498s, should be available mid-May.
Mobile Access: To download the app, click one of the following links:
Once the app is installed, log in using your ID and password, go to the More icon, select Client Service and then Statements and Reports. You will be able to view & save your documents.
If you have never logged into your Schwab profile, email info@5280associates.com to request a first-time login email.
If you have any questions regarding your documents, contact Schwab 1-800-435-4000.
First Time Login Information for Black Diamond
If you recently transferred accounts to or opened new accounts at Charles Schwab or National Financial Services for the first time, you will soon receive your invitation to the Black Diamond client portal.
Once you have set up your login credentials, you can download the Black Diamond Wealth Platform App for a mobile device or notebook. This will give you quick and easy access to your accounts and holdings.
After your first login, you can access the client portal by clicking the client login button in the top right of our website.
In the portal, you will see your financial team with contact information for different needs. Please reference this for who to call for what service you need, from scheduling to investment questions.
A couple important things to note:
All accounts at Schwab and National Financial Services should be showing. Please contact us at info@5280associates.com if an account is missing and we will link it up.
Return data: The date this was written, return data is showing as of the date your accounts transferred. Over the coming weeks we will be loading historical data from the accounts prior to transition. Soon, returns will be from the original account start dates prior to transition.
Financial Planning: If you are in the financial planning program, we will be incorporating your recommended scenario from Money Guide Pro into Black Diamond as well. It will show some foundational elements of the recommended scenario including your probability of success, which updates as markets change.
Thrivent Annuities: These are not currently included on Black Diamond yet, but should be in early 2021. Thrivent is building the connection now. They can still be accessed at Thrivent.com in the meantime. If you do not have any accounts at Schwab or National Financial Services, you will receive your login in 2021 when the Thrivent products are added.
We hope you enjoy the new portal and we appreciate your patience as we continue to build it out for you.
COVID-19 Update
As Denver County moves to a level red restriction, we would like to provide an update on our current COVID-19 policies in office.
Due to new local COVID guidelines, client meetings will be held through Zoom or over the phone. We are continually monitoring Denver policies and will resume in person meetings as soon as possible.
As always, you can schedule an appointment by contacting Marnie at 303-730-1951 or marnie@5280associates.com.
The election for President and Congress is today, November 3, 2020. 5280 Associates wanted to communicate our plan for asset management in the coming weeks and months. This is the consensus of the wealth advisors and investment management team at 5280: Ted Kouba, Nate Wangerin, Chad Aaberg, Nate Chapman and Scott Huelskamp.
Here are our core beliefs which dictate our flat fee wealth management and investment philosophy through what could be a volatile stock market in the short term.
Historically, there is low correlation between positive or negative stock market performance and what political party controls the White House or Congress. There are hundreds of factors that affect market performance and political control is one of them
Due to checks and balances in United States government, policy changes take years to play out.
We plan well in advance for unexpected volatility by positioning your portfolio to withstand declines in the market
We will always see volatility as the world changes. We will bring recommendations to you should we feel that there are changes needed in your portfolio.
It is our opinion that we have positioned each of the portfolios we manage well for this coming election.
The following article has some great research and insight on the election as it relates to stock market performance. We thought you may enjoy reading it.
Election Article[/et_pb_text][/et_pb_column][et_pb_column type="1_3" _builder_version="4.16" custom_padding="|||" global_colors_info="{}" custom_padding__hover="|||"][et_pb_search exclude_pages="on" include_categories="16,1,15" _builder_version="4.14.8" max_width="100%" custom_css_main_element="min-height: 45px;" custom_css_input_field="min-height: 45px;" custom_css_button="border: solid 1px #da1a32;||padding: 10px;||background: #da1a32;||color: #fff;||cursor: pointer;||transition: 0.35s;||width: 90px;||font-weight: 600;||font-size: 16px;||min-height: 45px !important;" border_radii="on|0px|0px|0px|0px" input_font_size="14px" input_letter_spacing="0px" input_line_height="1em" input_text_shadow_style="none" global_module="27994" saved_tabs="all" global_colors_info="{}" button_text_size__hover_enabled="off" button_one_text_size__hover_enabled="off" button_two_text_size__hover_enabled="off" button_text_color__hover_enabled="off" button_one_text_color__hover_enabled="off" button_two_text_color__hover_enabled="off" button_border_width__hover_enabled="off" button_one_border_width__hover_enabled="off" button_two_border_width__hover_enabled="off" button_border_color__hover_enabled="off" button_one_border_color__hover_enabled="off" button_two_border_color__hover_enabled="off" button_border_radius__hover_enabled="off" button_one_border_radius__hover_enabled="off" button_two_border_radius__hover_enabled="off" button_letter_spacing__hover_enabled="off" button_one_letter_spacing__hover_enabled="off" button_two_letter_spacing__hover_enabled="off" button_bg_color__hover_enabled="off" button_one_bg_color__hover_enabled="off" button_two_bg_color__hover_enabled="off"][/et_pb_search][et_pb_blog posts_number="3" include_categories="15" show_author="off" show_date="off" show_categories="off" show_pagination="off" admin_label="Office News Sidebar" _builder_version="3.3" custom_css_content="display:none;" global_module="27999" saved_tabs="all" global_colors_info="{}"][/et_pb_blog][/et_pb_column][/et_pb_row][/et_pb_section]
5280 Associates transitioned to Registered Investment Advisor
After a long few months, mountains of paperwork, and many emails, we have finally made our transition to Registered Investment Advisor (RIA)! We thank all of our clients for their patience as we navigated our way to the new space. We couldn’t have done it without you!
Here are a few things to keep in mind moving forward:
Some Thrivent products will remain at Thrivent and will not transfer. You can see these as you had before at Thrivent.com.
Some accounts, typically for tax purposes, were sent to National Financial Services. You can login to see these accounts at www.wealthscapeinvestor.com.
If you have not done so already, creating a Schwab log-in is incredibly beneficial. You may do so by visiting www.schwab.com, selecting “log-in” and “new user.”
We are planning to open our Black Diamond client portal by November 1st. We will send out log-in information as well as post it here closer to that time. This portal will aggregate all accounts into one place.
Please monitor any periodic contributions or distributions of your accounts these next few months and contact us if there is an issue
We thank you for the opportunity to be your advocates in financial planning. We are so excited to start our journey in this new space with you.
Transition to a Registered Investment Adviser (RIA)
5280 Associates has transitioned to Thrivent Advisor Network (TAN) Registered Investment Adviser (RIA). This platform grants us more freedom to serve you even better. We anticipate this change may bring about questions, so we developed a list of frequently asked questions:
What is a Registered Investment Adviser (RIA)?
A Registered Investment Adviser (RIA) is a person or firm that is engaged in the business of providing advice to others and issues reports or analyses regarding securities for compensation. The Securities and Exchange Commission (SEC) requires that RIAs uphold a fiduciary duty to its advisory clients, meaning the RIA and the individuals who offer investment management and advisory services on its behalf must act in the best interests of each client while providing these advisory services. The confidence and trust placed in the RIA and the individuals serving clients are something we value and endeavor to protect. As the first word of their title indicates, RIAs are required to register either with the Securities and Exchange Commission (SEC) or state securities administrators.
Will 5280 Associates still be a part of Thrivent?
5280 Associates will be joining the Thrivent Advisor Network (TAN) a registered investment adviser (RIA) and a part of Thrivent, formed in 2019. We have chosen Charles Schwab as our custodian. Charles Schwab was named #1 Broker Overall in 2019 by Business Daily. They are also ranked #1 in customer service, and trade reliability*.
*For more information, see www.schwab.com/awards
What does this change mean for me?
In the long term, the new platform will give our practice the ability to be even more focused on providing advice-based solutions for our clients in a comprehensive financial planning capacity. We believe that this change will allow us to continue to elevate our service to our clients in ways such as technology access and proactive client communication.
In the short term, the most significant impact will be our custodial transition to Charles Schwab. The transition will involve signing paper applications, which will be pre-populated with your information and have “sign here” tabs in place to make the process for you as simple as possible. We will coordinate with local clients to have the paperwork signed in one of our offices. Our out-of-town clients will have paperwork overnighted.
Why is 5280 Associates transitioning to an RIA platform?
5280 strives to bring an unprecedented wealth management experience to Colorado’s Front Range by meeting the needs of our clients now, and in the future. In order to become a better advocate for you, 5280 is transitioning to a RIA platform. This platform will grant us more freedom in order to better serve you.
Will 5280 Associates still manage investments on the new RIA Platform?
Our investment models will not be changing with the RIA transition. In some cases, it may be better to invest in platforms available with lower costs to you. If this is the case, we will be recommending you make a change in your investment strategy to something more beneficial to you.
Disclosure: Prior to the transition to Thrivent Advisor Network (TAN), securities and investment advisory services offered through Thrivent Investment Management Inc., a registered investment adviser, member FINRA and SIPC, and a subsidiary of Thrivent. After transition to TAN, services will be offered through a new broker/dealer arrangement.[/et_pb_text][/et_pb_column][et_pb_column type="1_3" _builder_version="3.25" custom_padding="|||" global_colors_info="{}" custom_padding__hover="|||"][et_pb_search exclude_pages="on" include_categories="15" _builder_version="3.23" max_width="100%" custom_css_main_element="min-height: 45px;" custom_css_input_field="min-height: 45px;" custom_css_button="border: solid 1px #da1a32;||padding: 10px;||background: #da1a32;||color: #fff;||cursor: pointer;||transition: 0.35s;||width: 90px;||font-weight: 600;||font-size: 16px;||min-height: 45px !important;" border_radii="on|0px|0px|0px|0px" input_font_size="14px" input_letter_spacing="0px" input_line_height="1em" input_text_shadow_style="none" global_module="27994" saved_tabs="all" global_colors_info="{}" button_text_size__hover_enabled="off" button_one_text_size__hover_enabled="off" button_two_text_size__hover_enabled="off" button_text_color__hover_enabled="off" button_one_text_color__hover_enabled="off" button_two_text_color__hover_enabled="off" button_border_width__hover_enabled="off" button_one_border_width__hover_enabled="off" button_two_border_width__hover_enabled="off" button_border_color__hover_enabled="off" button_one_border_color__hover_enabled="off" button_two_border_color__hover_enabled="off" button_border_radius__hover_enabled="off" button_one_border_radius__hover_enabled="off" button_two_border_radius__hover_enabled="off" button_letter_spacing__hover_enabled="off" button_one_letter_spacing__hover_enabled="off" button_two_letter_spacing__hover_enabled="off" button_bg_color__hover_enabled="off" button_one_bg_color__hover_enabled="off" button_two_bg_color__hover_enabled="off"][/et_pb_search][et_pb_blog posts_number="3" include_categories="15" show_author="off" show_date="off" show_categories="off" show_pagination="off" admin_label="Office News Sidebar" _builder_version="3.3" custom_css_content="display:none;" global_module="27999" saved_tabs="all" global_colors_info="{}"][/et_pb_blog][/et_pb_column][/et_pb_row][/et_pb_section]
