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May 24, 2018 – Mark Van Mourick along with the other board members of National Storage Affiliates Trust (NSA) rang the opening bell of the New York Stock Exchange (NYSE) this morning in honor of the 3rd anniversary of the NSA initial public offering (IPO) and annual board meeting.
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Published in Orange County Business Journal on April 16, 2018:

Leslie Calhoun, Senior Partner & Chief Compliance Office was nominated for the Orange County Business Journals 2018 Woman of the Year award. This award is designed to recognize outstanding professional women who have made significant contributions to their organizations, their professions and the Orange County community.

As quoted in the Orange County Business Journal on April 16, 2018:  “In her 11 years at Optivest Wealth Management, Leslie Calhoun implements tactical investment strategies and monitors investment performance. With more than 25 years of investment industry experience, she works to provide the utmost care in serving her clients’ financial needs and facilitating success. Calhoun’s passion lies in fostering financial growth for successful women leaders. She takes great pride in her ability to do more than just manage client portfolios; she works to instruct, guide and deliver customized financial and investment insight for her clients amidst their fast-paced lives. Calhoun also coaches individuals going through difficult transitions, working to build confidence, knowledge, independence and self-esteem. Optivest began in 1987 with the goal of providing holistic wealth management services to a select group of successful individuals and families in Southern California.”

Wall Street Journal LogoBy Cheryl Winokur Munk
Posted in The Wall Street Journal on February 11, 2018:

Many wealthy families face a tricky balancing act. On the one hand, they want to conceal important details even from adult children for fear of creating a sense of entitlement. But when parents are too secretive, it can make it much more difficult for the children when they eventually inherit those investments.

“The more secretive you are, the harder it becomes to talk about later on,” says Michelle Brownstein, a certified financial planner and director of private client services at Personal Capital in San Carlos, Calif.

Discussions about family money are especially important these days given that financial professionals estimate that tens of trillions of dollars in financial and nonfinancial assets will be passed from baby boomers to their heirs over the next several decades. How much to disclose – and when – will depend on each family’s dynamics and wealth situation. But, generally, financial pros say that discussions with children around family wealth should take place in stages, over a number of years.

“A lot of times, there’s a myth that talking about money means revealing the balance sheet,” says Stacy Allred, managing director and head of Merrill Lynch’s Ultra High Net Worth Strategic Wealth Advisory Group and Center for Family Wealth Dynamics and Governance. “Instead, it’s the series of conversations and typically the very last thing that’s shared is the distribution of the estate plan.”

DOWNLOAD below or CLICK HERE to read some age-appropriate strategies – and mistakes to avoid.

02-11-2018 The Best Way for Wealthy Parents to Talk to Children About Family Money -WSJ

November 1, 2017

California Business JournalAre we at the top yet? Selling near stock market highs and locking in profits is always tempting, especially when the current bull market is one of the longest on record and seemingly puttering out. Yes, this might be the perfect time to sell, however, let’s look at the long term odds first.

According to Check Capital’s research, the Standard & Poor’s 500 Index (S&P 500) has advanced in 78% of the years since 1950 (or about 4 out of every 5 years). Further, 95% of every five years – and 100% of each decade – since 1950 have led to a new high. These statistics are true even though the S&P 500 has had an average of 14.2% annual peak to trough dips. Volatility is normal. While the average S&P 500 annual return has been about 10%, annual returns in the 5% – 15% range surprisingly only happen about 20% of the time so expect big price swings. If your investment time horizon is longer than a few years, betting against these odds is dangerous. But sitting through another multi-year decline is equally unsavory. What to do, then?

August 2017: Optivest Wealth Management’s affiliate Optivest Investment Banking (OIB) announced on August 23, 2017 the acquisition of their client, TravisMathew, LLC, by Calaway Golf Company for $125.5 million in an all cash transaction. OIB acted as financial advisor to TravisMathew.

TravisMathew, founded in 2007,  has grown into an iconic men’s sportswear brand with superior domestic distribution in premier department stores, high-end country clubs, resorts and TravisMathew retail stores. TravisMathew draws its inspiration from all aspects of Southern California culture and lifestyle combined with a focus on constant innovation and extraordinary quality.

Callaway Golf Company creates products designed to make every golfer a better golfer. The company both manufactures and sells golf clubs and golf balls, sells bags and apparel in golf and lifestyle categories under the Callaway Golf, Odyssey and OGIO brands worldwide.

The team at OIB led by Paul Donnelly, Sr. Managing Director, provided advisory services to the owners of TravisMathew and its team of advisors which included structuring and negotiating the transaction on behalf of the Company.

August 2016: Optivest Wealth Management has been nominated and chosen as a 2016 finalist for the Invest in Others Charitable Foundation’s Corporate Philanthropy Award for its company-wide generous giving initiatives. Optivest advisors and employees are proud that the firm continuously donates 10% of gross revenue to philanthropic organizations worldwide through the Optivest Foundation.

“Invest in Others amplifies the charitable work of financial advisors, employees, and their firms by sharing their stories and awarding funding to the non-profits they care so much about.” Click here to learn more about the Invest in Others Charitable Foundation.

(As reported in the Orange County Business Journal, July 11, 2016):

In Spring 2016, Optivest announced Dee Cinquegrani as the company’s new Vice President of Finance and Development. Dee serves Optivest clients with over 20 years of experience in Business Development & Planning, Accounting and Human Resources. Her specialized contribution includes developing the OptiWealth online financial aggregator and working closely with CPAs, Attorneys and industry leaders to offer Optivest clients the peace of mind they deserve.

Dee is a member of AICPA, CalCPA, is a California Notary Public, holds a real estate Salesperson license for California, and is a graduate of Cal-State Fullerton. True to the Optivest culture that giving is living, you can often find Dee supporting local charitable organizations and community programs.

(As reported in the Orange County Business Journal, September 7, 2015): “…Dana Point-based Optivest Foundation is the only newcomer to the list. It made $604,058 in total contributions last year, with $302,497 of that given to Orange County charities. Optivest is ranked No. 25. It was founded in 2007 and is funded by 10% of the gross revenue of Optivest Inc., Optivest Properties LLC, and Optivest Investment Banking, according to the foundation’s website. It has invested more than $2.3 million in local and international areas since 2007.

By Mark Van Mourick
As reported on CNBC.com, September 10, 2015:

You’ve worked hard and have been very patient, and now you have made money—lots of it.

Like many folks who have experienced a large liquidity event, you’re ready for some immediate gratification. So you are looking to splurge. Perhaps you want to buy a high-end car, a boat or a private jet. You may even look at purchasing a luxury watch. Whatever form of indulgence it takes, it’s a shiny trophy and it’s going to be yours.

Unfortunately, many luxury consumers fail to consider the extent to which their purchase will hold its value over the years. In many cases, buyers eventually decide to resell a luxury item, only to find themselves losing a big chunk of the purchase price to depreciation.