News

Private Client Services News 2017-08-14T12:53:58+00:00

Backdoor Roth IRA’s

Dear Friends and Clients,

In this bi-monthly Wealth Management Newsletter we would like to focus on a lesser-known retirement savings strategy, the “backdoor Roth IRA”.

A backdoor Roth IRA is a great way for high income earners, particularly ones with minimal IRA assets (see aggregation rule below), to save for retirement.

As you may recall, there are a number of differences between traditional IRAs and Roth IRAs, but the biggest is contributions to Roth IRAs are made with after-tax dollars, grow tax-free and can be pulled out in retirement tax-free, provided all withdrawal requirements are met. […]

How Bitcoin Measures Up as a Currency

The excitement over Bitcoin is hard to miss. Countless articles in the popular press have brought the new investment device to the forefront, and the stories of astronomical returns over the past year (week!?!) have enticed untold thousands to spend their hard-earned money on the mysterious electronic “coin.” As exciting as that is, we wonder how closely Bitcoin matches the expectations of an actual currency.

For those of you who ever had to take an Econ 101 class, you may recall that true money serves three functions: 1) it is a store of value over […]

The Partners Group Employees Encourage Your Support of the Union Gospel Mission

The Partners Group employees prepped and served lunch at the Union Gospel Mission’s Hope Place Shelter as a part of the TPG holiday volunteering initiative. Hope Place is a one year residential recovery program for women and children caught in cycles of abuse and addiction. Seattle’s Union Gospel Mission is committed to serve, rescue and transform those who are hurting and homeless. We encourage community members to join us in support of the Hope Place Shelter and the Men’s Shelter throughout the year. 

How you can support the Union Gospel Mission:

  • Donate goods! Food, socks, blankets, toiletries. […]

The Tax Man Giveth?

Since our last quarterly commentary, the stock market has continued to increase without much pause. Here’s a report card detailing the spectacular returns we saw in investment markets in the fourth quarter and the full year:

Investment

Q4 Return

2017 Return

Cash

0.26%

0.82%

U.S. Bonds

0.39%

3.54%

U.S. Stocks

6.64%

21.83%

Developed International Stocks

4.23%

25.03%

Emerging Market Stocks

7.44%

37.28%

     

Cash is represented by the Bloomberg […]

TPG’ers Spruce Up the Portland Rescue Mission

The Partners Group employees volunteered to serve and join Connect program residents for lunch. Our volunteers made wreaths, bows, and a cedar garland to decorate the chapel, stairwells and lobby, bringing some Christmas cheer to the Mission! Thanks to YOU, we donated 10 lbs. of toiletries and 147 lbs. of clothing! Through public support, the Mission provides 330,000 hot meals and over 750,000 lbs. of clothing, food, and toiletries each year. Interested in donating time, supplies, or funds to the Portland Rescue Mission? 

Learn more about the mission’s additional holiday giving opportunities:

  • Donate Goods! Food, socks, blankets, toiletries. TPG […]

Employee Benefits

The Employee Benefits Division of The Partners Group serves the employee benefit needs of over 500 West Coast employers, with offices in Portland, Lake Oswego, and Bend, OR; Bellevue, WA; and Bozeman MT. Our benefits consulting team specializes in providing a highly-consultative approach coupled with problem-solving wellness analytics, to help employers reduce healthcare costs, improve employee health, and create long-term health plan stability.

Business Consulting

The Business Consulting Division of The Partners Group is dedicated to consulting with healthcare systems and jumbo employers to manage the health and well being of their employees, families, and communities. Our focus is to provide an innovative, solution-oriented service that capitalizes on data to pinpoint potential problems. Whether it be uncovering potential sources of escalating healthcare costs, or other anomalies in data, this service provides endless, problem-solving advantages to a variety of industries.

Commercial Insurance

The Partners Group Commercial Insurance Division manages the business risks for hundreds of employers. We provide an unmatched depth and breadth in commercial insurance and risk management services combined with extraordinary people who possess an unusual ability to connect on a personal level. We work hard to understand the unique risks and exposures of your business, and identify the solutions to provide the right coverage for the right price. As an independent company The Partners Group can tailor solutions to work specifically for you, even creating new policies and programs, if that’s what you need.

Private Client Services

The Partners Group Private Client Services Division advises business owners and high income shareholder groups comprising just over 3,200 successful individuals, families and medical professionals on investment services, retirement planning, and personal insurance. We’ve been in business for over 30 years as a privately held company based in the Northwest, and we’re here to stay. Additionally, we are not tied to products and plans. We provide various platforms and a multitude of options to fit your needs, which can change over time as your life changes. When you work with TPG Private Client Services, you’re dealing with the shareholders of this firm, and we are honored to play a role your life, your family’s lives, and your next generation’s lives.