At the Firm
The team completed rebalancing in the first week of the year as we looked to trim areas that had overgrown their target, create cash for the first quarter, and redeploy cash created as a result of year-end distributions.
The CCMI team spends a great deal of time collectively producing the quarterly reports that are sent to our investment clients. One of our advisors drafts the quarterly commentary, and all other advisors help in the editing process. The advisors review all the quarterly reports and invoices for accuracy and anything unusual, while the operations team works on proofreading, compiling, printing, and ultimately getting the reports to our clients.
Every January, Brian spends time closing out our previous year compliance calendar and setting up the new year’s compliance calendar. Early activities include updating our ADV and Form CRS, which are annual filings required by the SEC that will be sent to our clients as soon as they are completed in the first quarter.
Matt attended an all-day meeting for his monthly Vistage group and the first San Diego Estate Planning Council meeting. He also helped prepare for CCMI’s annual offsite strategic planning meeting in February.
Kim has been focusing on starting off the new year right for herself and CCMI clients with several financial plans in the pipeline. Some of her extracurricular activities like Women in Business have been postponed for the month due to the new COVID variant. Kim is also applying to become a member of the San Diego Estate Planning Council, where she looks forward to networking with local professionals and learning more about estate planning techniques to help clients.
Matt Ryan became an official member of Rotary Club 33 in January. He is looking forward to being a part of one of the largest service organizations in San Diego and around the world. Rotary is an international service organization whose stated purpose is to bring together business and professional leaders to provide humanitarian service and advance goodwill and peace around the world.
Tina was busy executing tax planning and investment strategies before year-end and she continues to be impressed with the CCMI team’s individual attention to detail. She also wrapped up several financial plans so clients can start out the new year with a plan in place that provides peace of mind. Tina contributed to the quarterly rebalancing process that was completed in early January. She is busy writing original blog posts that focus on strategies to help pre-retirees and retirees plan to, and through, retirement.
On the Home Front
Brian’s family enjoyed cheering on Emma (14) in her freshman soccer games during the month of January. With a team that has been decimated by high COVID counts, Emma has played quite a bit and is doing a great job after taking a few years off. The Matters also enjoyed exploring the Beyond Van Gogh exhibit at the Del Mar Fairgrounds, which explores the life and works of Vincent Van Gogh.
Matt Showley surprised his son Jacob (7) with tickets to Monster Jam at Petco Park, which was a big hit; Jacob had a great time. Later in January, the Showley family spent a week Mammoth skiing; the kids are officially out of ski school and were able to ski with Matt and Alex for most of the trip.
Kim’s parents and sister have been visiting from Maine and they’ve enjoyed spending time around San Diego. Kim and Tyler have also enjoyed being tourists in their own town, hiking Torrey Pines State Reserve, taking a harbor cruise, and visiting the Hotel Del to name a few. Kim’s family is especially enjoying Southern California as the temperature is below zero at home.
Matt Ryan took on a DIY project over a weekend in January and built his son Reid a rock climbing wall. Matt may have been a little ambitious doing this before Reid can walk, but it has been a fun addition to his playroom. Reid can already use some of the lower handholds to pull himself up and he makes a lot of noise when he whips the ropes around.
Monica rang in the new year asleep before midnight! So far she has spent 2022 cleaning and organizing her home now that she and Mike are officially empty nesters. She spent weekends working on her yard, pruning her roses and planting flowers in hopes of spring. She is happy to babysit her son’s new puppy, Barney. Nothing like a new puppy to make you smile.
Abby can’t believe how time flies! She and her kids have their tradition of going to their friend’s cabin in Wrightwood in January, which happens to be her son’s birthday month, so they always get in a celebration there. They love visiting the small town, and it’s always a nice getaway where they hike, eat, and enjoy their time together. This year, there wasn’t any snow; they’re hoping one January when they’re out there, snow will fall. Abby has a lot of plans already scheduled for the year; she’s looking forward to a busy but good 2022!
Dave and Tina enjoyed having Hanna and Sara home for the holidays and they are now enjoying their “temporary” empty nest again. Sara returned to college to finish up her undergraduate studies and will graduate in May. Tina celebrated her birthday in a more subdued fashion this year due to restrictions caused by COVID, but it was a celebration nonetheless.
In January, Sheila, John, and Anastasia finished a nice trip with John’s parents and returned to San Diego with John’s brother, his wife, and Anastasia’s two cousins.They went to Sea World on New Year’s Day and spent the last night of the visit in a local hotel in downtown San Diego. They tried to use the “Selfie Station,” but realized later that John’s brother photobombed them! The rest of the month they stayed close to home and just tried to stay safe and healthy. Anastasia is looking forward to her “ski week” next month, where she will go to the Bay Area to visit her cousins.
Jessica celebrated NYE with an intimate family party at her parents’ home. They prepared an appetizer bonanza, played board games with the kids, and decorated cookies. Loteria (Mexican bingo) was a favorite among the little ones. (Livi and Gigi still ask to play it nightly and are working on their pronunciation of Spanish words. It’s been very entertaining.) Livi surprised her parents by staying up until midnight to ring in the new year!
CCMI provides personalized fee-only financial planning and investment management services to business owners, professionals, individuals and families in San Diego and throughout the country. CCMI has a team of CERTIFIED FINANCIAL PLANNERTM professionals who act as fiduciaries, which means our clients’ interests always come first.
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