Stearns Bank N.A.’s Post

Discover more about our advisors at Trinity Wealth Management! Get ready to uncover some interesting tidbits about each of them that you may not have known before. Here are a few fun facts about Dan: 🏊♂️🚴♂️🏃♂️ Dan's goal is to keep completing triathlons until he's 70 years old. He's already conquered Saint Anthony's and Saint Pete's - talk about dedication! #TrinityWealthManagement #GreensboroNC

Wealth, Family, and Legacy: A Guide for High-Net-Worth Individuals in the Sandwich Generation https://hubs.li/Q02DT3_G0

Redemption Holding Company, a Black-led investment group, is planning to acquire Utah-based Holladay Bank & Trust. If the acquisition goes through, the bank would become not only Black-owned, but also the only Minority Depository Institution (MDI) west of Texas. The goal is to partner with other MDIs and create a full-service banking platform that serves consumers and business owners, offering lending products like mortgages and loans. Bell believes the state is favorable as far as bank regulations go, making it an ideal location. This acquisition could change the game for Black fintechs, such as Ready Life, that require banks to operate, but there aren't many Black-owned banks available. Redemption Bank’s target is working-class Black Americans. They want to work with those looking for access to credit to grow their businesses and create jobs in their communities. What are your views on this acquisition? Read the full story by Bria Overs from Word in Black at dallasweekly.com #Iamdw #blackpress #BlackBanking #MinorityDepositoryInstitutions #RedemptionHoldingCompany #BusinessBanking

When mission, vision and values align AMAZING things happen. Surround yourself around people that will help pull you up into your true purpose because there will always be people that will pull you down. Lifetime Financial Growth and the people in this community truly ELEVATE <3

Blog: Wealth, Family, and Legacy: A Guide for High-Net-Worth Individuals in the Sandwich Generation Check out our new blog here: https://lnkd.in/giwsVKYY

What do your actions reveal about what you truly value? This is a challenging question to confront. I know this because whenever I have asked myself this, I haven't always been pleased with the answer. I have always claimed that "Family comes first." However, my actions haven't always aligned with that statement. At times, work obligations, financial responsibilities, friendships, and even my own selfishness have demanded my attention, causing me to prioritize them over my family. I have witnessed many individuals come to this realization and then face a decision: "Do I continue down this path or make adjustments?" Regrettably, too many of us have chosen not to make changes, sacrificing our Families for these distractions. Now, these distractions aren't inherently bad. In fact, it's important to take care of ourselves, work hard to sustain our financial stability, and invest in friendships. The problem arises when these distractions become more than just a temporary phase or an excuse to avoid addressing issues at Home. Let me encourage you: your Family deserves the best version of you. They deserve the same level of effort, if not more, that we put into improving ourselves and our careers. In fact, they are entitled to it. So, I ask you once again, "What do your actions reveal about what you truly value?" If you dislike the answer, today is an opportune moment to make a positive change. We cannot change yesterday, but, we can create tomorrow. Remember - “Your family are not in the way, they are the way” Unsung Hero movie #Family #worklifebalance #success #entreprneur #dad #mom #Fathering #mothering #relationships

In a world often fixated on financial achievements, it’s crucial to remember that true success extends far beyond monetary wealth. While having money can provide comfort and extended opportunities, it's the intangible assets that enrich our lives. What truly matters are the relationships we nurture, the values we uphold, and the dedication we bring to our everyday endeavors; personal and professional. These are the cornerstones of a fulfilling life, shaping our sense of worth. Let's redefine success not solely by the size of our bank accounts, but by the depth of our connections, the integrity of our actions, and the passion we infuse into our professional passions. It’s the richness of these elements that defines a well-lived life. Click the link below to listen to this episode of Retire in Texas. https://ow.ly/Uv9N50QGN8J #PAXFinancialGroup #PAX #RetireInTexas #SanAntonio #Texas #ResponsibleInvesting #FaithBasedInvesting #ProfessionalPassions #RichnessinValue #EnrichOurLives

In this episode of Financial Life Cycles hosted by Her Wealth by Colony, The Colony Group's Kristina Kadeli Saunders, CIMA®, CFP®, Senior Portfolio Manager, speaks with Christine Crigler, CFP®, CPWA®, Wealth Advisor, who shares her insights on setting yourself up for success as you enter the workforce and begin your professional journey. Watch the full video here: https://lnkd.in/eg5itR7N #Yourwealth #professionaldevelopment #financialliteracy #professionaljourney #careersuccess #financialeducation #womenandwealth #herwealth

Check out the latest American Fidelity annual report to get an inside look at who we are and what we're doing! 📈 https://bit.ly/3YpuaSh

Quotes from a GOAT 🐐 🐐🐐Bill Nygren on how the market seems to continually underestimate the per share earnings power of companies with stable (flat) earnings that buy back tons of cheap stock at low P/Es (and high FCF yields)… “We’ve seen so many examples of companies that have had disciplined buyback plans over multiple years, and the tremendous impact that can have on share price.” “It just seems like investors won’t pay much for growth in EPS that comes from share repurchase. But GM’s EPS will be going up about 40% if they maintain flat net income just bc of the decrease in the denominator.” “If they keep buying back 20% per year, we’ll be the only shareholder in 2029.”😉💪 (BTW that last quote is true mathematically as long as the stock price doesn’t go higher. But, of course, Oakmark is not going to be the only shareholder in 2029 because a company with no net income growth and 100% FCF conversion can use all or most of FCF to buy back stock at obscenely low P/Es to almost force the P/E multiple (and the stock price) higher over time).