Friday, October 19th Tom Batterman, principal of Financial Fiduciaries, LLC., was a presenter at the WAMIC (Wisconsin Association of Mutual Insurance Companies) Manager’s Meeting in Medford, Wisconsin.
He discussed “The 10 Tips for a Year End Portfolio Tune-Up” as a reminder to all Mutual Insurance Company Managers regarding certain things they should look at in their company’s investment portfolio as they approach year-end. He addressed both OCI Compliance Issues as well as opportunities that may exist in their investment portfolio of which they should take advantage to impact their tax situation and their reported income for the year.
Topics included converting the taxability of your fixed income portfolio, shortening duration and eliminating longer term bonds and/or bonds with call features, the use of ETF’s for companies with room in their allocations to use such instruments while remaining in compliance with OCI rules and changes you should consider to your investment portfolio if a merger is on the horizon.
His presentation had a wonderful turnout with many great questions and comments. If you would be interested in receiving the presentation via email or would like to talk to Mr. Batterman regarding this topic please email me at email@example.com or call our office at 715-848-8110.