Warren Street is growing, and we’re thrilled to introduce the newest member of our Next Street Tax team, Hillary Curtis! Located in South Carolina, Hillary is our new Tax Administrator, and she’s excited to get to know our clients and help support their financial needs.
For those of you who have been following along, we’ve been using this space to make virtual introductions to our team members and the roles they play in serving you. This time, we’re giving you a deeper look into who Hillary is and how she’ll be an asset to our team and our clients.
How do you assist Next Street Tax’s clients in your role as Tax Administrator?
I’m the first point of contact for our tax clients as they begin the filing process. My job is to ensure clients understand the services they’ll receive, the process from start to finish, and to provide status updates along the way. My goal is to make sure clients always know where they are in the filing process.
What impact do you hope to make at Next Street Tax?
I want to build strong relationships with our clients. I’m excited to grow with the company and to do my part to make sure our clients feel supported throughout their tax journey.
How does Next Street Tax align with your personal values?
Next Street Tax creates an environment that provides both balance and growth. These attributes are important to me in my personal life. I am always looking for ways to grow, and I believe in balance in every aspect of my life.
Who or what motivates you?
I’m motivated by the person I was yesterday. My goal is to always be a better version of myself than I was the day before.
What do you enjoy doing outside of work?
I enjoy going to concerts, catching up with friends and family, and traveling whenever I can.
What are three fun facts about you?
1. I love reading motivational and finance books.
2. I like to test my luck on PrizePicks—I’ve only won twice!
3. My very first concert was Sevyn Streeter, and it’s what started my love for live music.
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We’re so happy to have Hillary on the team. Her commitment to client communication and personal growth makes her an incredible addition to Next Street Tax. She will be working directly with our Warren Street clients who use our tax services, so you may be hearing from her soon!y and can’t wait to see the positive impact she’ll continue to make for our clients and our firm.
Jennifer Battles
Director of Operations, Warren Street Wealth Advisors
Investment Advisor Representative, Warren Street Wealth Advisors, LLC., a Registered Investment Advisor
The information presented here represents opinions and is not meant as personal or actionable advice to any individual, corporation, or other entity. Any investments discussed carry unique risks and should be carefully considered and reviewed by you and your financial professional. Nothing in this document is a solicitation to buy or sell any securities, or an attempt to furnish personal investment advice. Warren Street Wealth Advisors may own securities referenced in this document. Due to the static nature of content, securities held may change over time and current trades may be contrary to outdated publications. Form ADV available upon request 714-876-6200.
https://warrenstreetwealth.com/wp-content/uploads/2025/08/Hillary-Curtis-Headshot.png1030824Jennifer Battleshttps://warrenstreetwealth.com/wp-content/uploads/2014/11/Warren_Street_logo-01.svgJennifer Battles2025-09-11 09:44:342025-09-11 09:47:13A Warm Welcome to Our New Tax Administrator, Hillary Curtis
Veronica Cabral, CFP® has been with our company since its early days in 2016, growing alongside the firm and making an impact at every stage of her career. From starting as a Client Service Associate to serving as Director of Operations and Chief Compliance Officer, Veronica’s dedication has been unwavering. Now, she’s taking another exciting step forward—having recently passed her CFP® exam and assuming the role of Lead Advisor.
We are thrilled to celebrate this major milestone in her career and the expertise she brings to our clients. If you missed her original “Meet the Team” post, you can check it out here.
In this interview, we dive deeper into Veronica’s new role and her vision as a Lead Advisor. Enjoy!
You’ve been with the company since 2016, starting as a Client Service Associate. How has your journey shaped your approach to financial advising?
Getting to join Warren Street so early in my career and going through so many different roles, I’ve been able to get a deeper understanding of each part of our process which has given me a really strong foundation now that I get to work with clients directly on their financial plans.
What inspired you to pursue the CFP® certification, and how do you think it will impact your work with clients?
I’ve always felt that working with clients directly and getting to build strong relationships was what I was most passionate about. When the opportunity came up for me to become an advisor, pursuing the CFP® was something I knew would be the right next move. Not only preparing for the exam, but going through the Personal Financial Planning Certificate Program at UCLA Extension gave me a really good understanding of each facet of the financial planning process. Ultimately, knowing that it would make me a better financial planner for our clients is what motivated me and I think the knowledge I got through the program and exam will help me be the best advisor I can be for our clients.
What excites you most about stepping into the Lead Advisor role, and how do you envision this next chapter of your career?
What excites me the most about my new role is getting to know our clients on a deeper level and helping them meet their financial goals. It’s really rewarding seeing our clients meet their goals and helping them check off really important things off their list.
You also run the Instagram page @veemakescents, where you share financial tips and insights. What are your goals with this platform?
I started @veemakescents almost 8 years ago with the goal of helping young women understand money more. I grew the platform to over 50,000 followers across different channels and then life got really busy. Between navigating a global pandemic, getting married, buying our first home, welcoming our son into the world, and then going back to school to pursue the CFP® , I took a step back from the platform. I hope to get back to posting soon, especially now that I have more in depth knowledge on financial planning. My goal still remains the same – to empower young women to take control over their finances.
As a bilingual advisor, how has being fluent in Spanish helped you build relationships with clients?
Speaking two languages is a gift especially when it comes to my career. Ever since I worked at a bank as a teller in college, speaking Spanish opened opportunities for me and allowed me to help more clients. Speaking Spanish allows me to help a diverse set of clients and the most important thing is allowing me to build trust with them. Language barriers can make things difficult especially when it comes to finances and I love that I get to help these clients navigate something so important.
What advice would you give to others preparing for the CFP® exam to earn their certification?
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Once again, congratulations to Veronica on this incredible achievement. We’re proud to have her leading the way and can’t wait to see the positive impact she’ll continue to make for our clients and our firm.
Jennifer Battles
Director of Operations, Warren Street Wealth Advisors
Investment Advisor Representative, Warren Street Wealth Advisors, LLC., a Registered Investment Advisor
The information presented here represents opinions and is not meant as personal or actionable advice to any individual, corporation, or other entity. Any investments discussed carry unique risks and should be carefully considered and reviewed by you and your financial professional. Nothing in this document is a solicitation to buy or sell any securities, or an attempt to furnish personal investment advice. Warren Street Wealth Advisors may own securities referenced in this document. Due to the static nature of content, securities held may change over time and current trades may be contrary to outdated publications. Form ADV available upon request 714-876-6200.
https://warrenstreetwealth.com/wp-content/uploads/2022/11/VeronicaCabral2022Headshot.jpg30002400Jennifer Battleshttps://warrenstreetwealth.com/wp-content/uploads/2014/11/Warren_Street_logo-01.svgJennifer Battles2025-08-26 08:09:202025-08-26 08:09:56Veronica Cabral’s Path to Becoming a CFP® and Lead Advisor
There are a lot of things in life where the right move is pretty intuitive. Avoid the top rung of a ladder when you’re changing a lightbulb. Don’t click on that suspicious link in your email inbox.
But when it comes to your money, making smart decisions isn’t always so easy. In fact, there are a lot of times in investing where the intuitive move isn’t the best. A stand-out example is risk: For the most part, our brains and bodies tell us to avoid it. While it may seem smart to dial down risk in your investment portfolio, taking a too-conservative approach might leave you far short of your long-term goals. Making sound financial decisions often involves embracing counterintuitive strategies. Let’s explore a few more.
Less Action Often Leads to Better Results
Scenario: All too frequently, news headlines scream about stocks soaring or plummeting. When alarm bells like these ring, your impulse may be to take action. Zoom out and you’ll realize that a doom-and-gloom news cycle is practically a given. Buying and selling investments based on it is not a good idea.
Counterintuitive advice: The urge to act on market movements can be hard to resist. However, investing is a long-term endeavor, and often the best move is to do nothing at all.
Consider the story of the Voya Corporate Leaders Trust highlighted by Jason Zweig of The Wall Street Journala few years back. Established in 1935, this fund was designed to counteract the speculative excesses that contributed to the 1929 market crash. Its approach was radical: The fund purchased equal shares of 30 stocks and committed to holding them indefinitely. No new stocks could be added, and existing ones could only be sold under extraordinary circumstances, such as bankruptcy or mergers.
Despite being on “permanent autopilot” for nearly a century, the Voya fund has outperformed many actively managed funds—and even the S&P 500 at times. Patience and a hands-off approach can pay off over time.
Your Portfolio Shouldn’t Match the S&P 500
Scenario: When the S&P 500 has had a bang-up year, as it did in 2024—and 2023—you may be tempted to wonder why your portfolio didn’t keep up. In fact, it might lead to what’s known as “tracking error regret,” which occurs when investors second-guess their diversified approach because their returns don’t match a popular benchmark.
Counterintuitive advice: Your portfolio is not built to match the S&P 500, which represents just one slice of the market—the 500 largest U.S. companies.
Instead, it’s designed for reasons that are unique to you, whether it’s funding retirement, paying for kids’ college education or leaving your wealth for the next generation. A well-diversified portfolio is a powerful tool to help you meet those goals. Consider the classic 60/40 portfolio, which allocates 60% to equities and 40% to bonds. While it’s not likely to outperform an all-equity portfolio over the long run, it is structured to provide a buffer during periods of market turmoil.
Remember, it’s not the S&P 500’s performance that matters. What really matters is sticking with the right plan that will help you meet your financial goals.
Embrace the Bear
Scenario: When bear markets happen, it certainly doesn’t feel good. In fact, it may feel like you’re watching your wealth evaporate before your eyes. The impulse might be to cut your losses and sell. But bear markets have a tendency to change course. (In fact, they historically always have.)
Counterintuitive advice: Market downturns provide an opportunity to rebalance your portfolio. Bear markets can be prime buying opportunities. When prices are low, you are essentially given the chance to buy shares of a company or a fund when they’re on sale. You may consider trimming positions in asset classes that have grown and buying more shares in those whose valuations have dropped.
Rebalancing in this way helps you stick closer to the asset allocation strategy that’s at the center of your financial plan.
Putting It All Together
Whether it’s sticking to a diversified portfolio, viewing market downturns as opportunities or making smart spending decisions, counterintuitive strategies can help you stay on track toward your financial goals.
As you reflect on your investments this year, remember that your portfolio is unique to you. It’s designed to meet your specific needs and long-term objectives. And sometimes, the best move is simply to trust your plan and let time do the heavy lifting. We’re here to field any questions you may have along the way.
Phillip Law, CFA
Senior Portfolio Manager, Warren Street Wealth Advisors
Investment Advisor Representative, Warren Street Wealth Advisors, LLC., a Registered Investment Advisor
The information presented here represents opinions and is not meant as personal or actionable advice to any individual, corporation, or other entity. Any investments discussed carry unique risks and should be carefully considered and reviewed by you and your financial professional. Nothing in this document is a solicitation to buy or sell any securities, or an attempt to furnish personal investment advice. Warren Street Wealth Advisors may own securities referenced in this document. Due to the static nature of content, securities held may change over time and current trades may be contrary to outdated publications. Form ADV available upon request 714-876-6200.
https://warrenstreetwealth.com/wp-content/uploads/2025/07/Counterintuitive-Money-Advice.png10801080Phillip Law, CFAhttps://warrenstreetwealth.com/wp-content/uploads/2014/11/Warren_Street_logo-01.svgPhillip Law, CFA2025-07-24 09:03:022025-07-24 09:03:07Counterintuitive Money Advice: Investing Against the Grain
The “One Big Beautiful Bill Act” (OBBBA), signed July 4, 2025, is poised to significantly impact nearly every aspect of your financial life. From your tax bill to your healthcare and your children’s future savings, understanding the nuances of this bill is crucial for effective financial planning.
Here’s a breakdown of what the OBBB means for you:
Tax Planning: More in Your Pocket, But Mind the Details
The OBBB makes permanent many of the individual income tax rates and brackets from the 2017 Tax Cuts and Jobs Act (TCJA), providing long-term clarity. But there’s more:
Expanded Standard Deduction: The standard deduction sees a permanent expansion, making tax filing simpler for many and potentially reducing the need to itemize.
Temporary Deductions (2025-2028): Get ready for some new, but temporary, tax breaks.
No Tax on Tips/Overtime: If you earn qualified tip income (up to $25,000) or overtime premium pay (up to $12,500 for individuals, $25,000 for joint filers), you may be able to deduct it. Keep an eye on income phase-outs.
Senior Tax Deduction: Individuals 65 and older meeting income thresholds ($75,000 single, $150,000 joint) can claim an additional $6,000 deduction, aiming to offset federal taxes on Social Security.
Auto Loan Interest Deduction: A temporary deduction of up to $10,000 for interest on loans for U.S.-assembled vehicles is available, subject to income phase-outs.
Increased SALT Deduction Cap: For five years, the State and Local Tax (SALT) deduction cap temporarily increases to $40,000 (from $10,000), with income-based phase-outs. This is a win for residents of high-tax states.
Enhanced Child Tax Credit: The Child Tax Credit permanently increases to $2,200 per child and will be indexed for inflation.
Business Tax Incentives: Businesses will see the reinstatement of 100% bonus depreciation and permanent Section 199A (Qualified Business Income) deduction, encouraging investment.
Estate and Gift Tax Relief: The unified credit and Generation-Skipping Transfer Tax (GSTT) exemption thresholds are permanently increased to $15 million per individual, offering substantial relief for high-net-worth individuals.
Your Action Plan: Review your current tax strategies with a financial advisor to maximize these new permanent and temporary provisions. Consider whether itemizing still makes sense for you.
Healthcare & Social Programs: A Shifting Landscape
The OBBB includes significant cuts to federal funding for vital social programs:
Medicaid Changes: Expect cuts to Medicaid funding and new work requirements for many adult beneficiaries. If you or your loved ones rely on Medicaid, be aware of potential reduced coverage or new eligibility hurdles.
SNAP (Food Assistance) Adjustments: The Supplemental Nutrition Assistance Program (SNAP) also faces federal funding cuts and expanded work requirements.
Affordable Care Act (ACA) Implications: New eligibility verification requirements are imposed for ACA marketplace coverage, and enhanced tax credits for ACA coverage are set to expire. This could lead to higher out-of-pocket premium payments for many, particularly older adults. The CBO estimates these changes could lead to a significant increase in the uninsured population.
Your Action Plan: Reassess your healthcare and benefits planning. Explore alternative options if you’re impacted by changes to Medicaid or ACA, and adjust your budget accordingly.
Retirement & Savings: New Avenues and Program Shifts
The bill introduces both opportunities and challenges for your long-term financial goals:
“Trump Accounts” for Children: A brand-new savings option for newborns. These “Trump Accounts” receive an initial federal contribution of $1,000, with parents able to contribute up to $5,000 annually. Classified as IRAs, gains are tax-deferred until age 18. This is a new consideration for long-term savings for your children.
Student Loan Program Overhaul: Federal student loan programs are undergoing significant alterations, potentially ending subsidized and income-driven repayment options. Limits are also placed on Pell Grant eligibility. Current and future students will need to adjust their education financial planning.
HSA and 529 Expansion: Good news for healthcare and education savings. Eligible uses for Health Savings Accounts (HSAs) and 529 education savings plans are expanded, offering more flexibility.
Social Security Outlook: While the bill provides some temporary tax relief for seniors, its overall impact on the national debt could accelerate the insolvency of Social Security. This is a long-term consideration for retirement planning.
Your Action Plan: Evaluate “Trump Accounts” alongside existing savings vehicles like 529 plans. If you have student loans or are planning for higher education, understand the new repayment and eligibility rules. Review how you leverage your HSA and 529 plans for maximum benefit.
Investment & Business Considerations: Adapting to Policy Shifts
The OBBB also brings changes that could influence your investment portfolio:
Clean Energy Tax Credits: Many clean energy tax credits from the Inflation Reduction Act are being phased out, which may impact investments in renewable energy and electric vehicles.
Fossil Fuel Promotion: The bill promotes increased domestic oil and gas production, which could influence investment strategies in the energy sector.
Your Action Plan: Consider how these policy shifts might affect your investment portfolio. Diversification and a long-term perspective remain key.
Overall Financial Planning Implications: A Holistic Approach
The “Big Beautiful Bill” is a game-changer. It necessitates a comprehensive review of your financial strategy.
Review Tax Strategies: Don’t miss out on new deductions!
Reassess Healthcare and Benefits Planning: Understand potential impacts on coverage and eligibility.
Evaluate Savings Options: Explore new opportunities like “Trump Accounts” and expanded HSA/529 uses.
Update Estate Plans: High-net-worth individuals should revisit their estate plans due to increased exemptions.
Adjust Investment Portfolios: Align your investments with the new economic realities. If you’re a client of ours, we’ve already done this for you.
The “One Big Beautiful Bill” is far-reaching. Given its complexity, consulting with a qualified financial advisor and tax professional is highly recommended to understand how these provisions specifically impact your unique financial situation and to adjust your plans accordingly. Schedule time with a Warren Street advisor today. .
Justin D. Rucci, CFP®
Wealth Advisor, Warren Street Wealth Advisors
Investment Advisor Representative, Warren Street Wealth Advisors, LLC., a Registered Investment Advisor
The information presented here represents opinions and is not meant as personal or actionable advice to any individual, corporation, or other entity. Any investments discussed carry unique risks and should be carefully considered and reviewed by you and your financial professional. Nothing in this document is a solicitation to buy or sell any securities, or an attempt to furnish personal investment advice. Warren Street Wealth Advisors may own securities referenced in this document. Due to the static nature of content, securities held may change over time and current trades may be contrary to outdated publications. Form ADV available upon request 714-876-6200.
https://warrenstreetwealth.com/wp-content/uploads/2025/07/Big-Beautiful-Bill.png10801080Justin D. Rucci, CFP®https://warrenstreetwealth.com/wp-content/uploads/2014/11/Warren_Street_logo-01.svgJustin D. Rucci, CFP®2025-07-10 12:14:072025-07-10 12:15:13The “Big Beautiful Bill”: What It Means for Your Finances
Summer break is here, and many young people will be working at a summer job or internship. While earning a paycheck is exciting, it can also be an excellent time to consider opening a Roth IRA and contributing a portion of their summer earnings. Not only does this jump-start retirement savings from an early age, but it can also serve as a positive learning experience about the principles of saving, investing, and cultivating long-term wealth.
The Roth IRA offers a unique combination of tax advantages and flexibility, making it an excellent choice for young savers.
Here are a few key benefits:
Tax-free growth: Roth IRA contributions are made with after-tax dollars, so your child won’t pay taxes (and perhaps penalties) until they make withdrawals.
Penalty-free withdrawals of contributions at any time: Your child can withdraw up to the amount of their total contributions at any time, for any reason, without paying taxes or penalties.
Early withdrawals of earnings: If your child withdraws amounts that exceed their contributions before age 59½ or before the account has been open for five years, they may face taxes and a 10% early withdrawal penalty on the earnings portion of the withdrawal.
Exceptions to early withdrawal penalties: Your child can withdraw funds before age 59½ or before the account has been open for five years for several reasons (keep in mind that you may be able to avoid penalties but not taxes on any earnings), including:
Funds can be used for qualified higher education expenses. 🎓
First-time home purchase (up to a $ 10,000 lifetime limit.)
If your child becomes disabled. ♿
For certain emergency expenses. 🏥
If your child is unemployed, they can use a withdrawal to help pay for health insurance premiums. 🩺
The flexibility and withdrawal choices for a Roth IRA can make it an attractive choice for young savers who may need access to their money in the future while still providing a powerful tool for long-term wealth building.
Keep in mind that with a Roth IRA, to qualify for the tax and penalty-free withdrawal of earnings, Roth IRA distributions must meet a five-year holding requirement and occur after age 59½. Tax-free and penalty-free withdrawals can also be made under certain other circumstances, such as in the examples we listed above. The original Roth IRA owner is not required to take minimum annual withdrawals.
Eligibility requirements
To contribute to a Roth IRA, your child must have earned income from a job, and the maximum contribution for 2024 is $7,000 or the total of their earned income, whichever is less. You can open and manage the account until they reach the age of majority in your state.
One more thing: They may need help filling out their Form W-4
If your child makes less than $14,600 in 2024, they may want to claim an exemption from withholding on their W-4 form by writing “Exempt” on line 4(c) of the form.
Here’s why:
Standard deduction: For the 2024 tax year, the standard deduction for a single filer is $14,600. If your child’s total income for the year is less than this amount, they won’t owe any federal income tax.
Claiming exemption: If your child expects to owe no federal income tax for the year and wants to have no tax withheld from their paycheck, they can write “Exempt” on line 4(c) of Form W-4. This means their employer won’t withhold any federal income tax from their paychecks.
Remember that if your child claims exemption, Social Security and Medicare taxes may still be withheld from their paychecks. Also, if their situation changes and they owe federal income tax for the year, they may face underpayment penalties.
Our ideas in this letter are for informational purposes only and are not a replacement for real-life advice. Consider consulting your tax, legal, and accounting professionals if you have questions about completing Form W-4.
If you’d like to discuss opening a Roth IRA for your child or grandchild, feel free to contact us. And feel free to share this with anyone you think might be interested.
Wishing you and your family a wonderful start to the summer!
Bryan Cassick, MBA, CFP®
Wealth Advisor, Warren Street Wealth Advisors
Investment Advisor Representative, Warren Street Wealth Advisors, LLC., a Registered Investment Advisor
The information presented here represents opinions and is not meant as personal or actionable advice to any individual, corporation, or other entity. Any investments discussed carry unique risks and should be carefully considered and reviewed by you and your financial professional. Nothing in this document is a solicitation to buy or sell any securities, or an attempt to furnish personal investment advice. Warren Street Wealth Advisors may own securities referenced in this document. Due to the static nature of content, securities held may change over time and current trades may be contrary to outdated publications. Form ADV available upon request 714-876-6200.
https://warrenstreetwealth.com/wp-content/uploads/2025/06/Kick-start-Your-Childs-Financial-Journey-with-Roth-IRAs.png10801080Bryan Cassick, MBA, CFP®https://warrenstreetwealth.com/wp-content/uploads/2014/11/Warren_Street_logo-01.svgBryan Cassick, MBA, CFP®2025-06-23 10:09:592025-06-23 10:20:44Kick-start Your Child’s Financial Journey with Roth IRAs
Watching your child earn a college diploma is a proud moment for any parent. It also marks another great moment: No more tuition bills. But after all the saving and planning you’ve done, what if there’s still money left over in your child’s 529 plan? Fortunately, you’ve got plenty of options. Here’s a list of strategies to make the most of those surplus education savings.
Keep Paying for School
If your newly minted graduate is pursuing a higher degree, that’s an easy way to spend down the balance in their 529 plan. These funds can be used to cover the same types of qualified educational expenses for graduate programs.
Name a New Beneficiary
If grad school isn’t in your child’s future, the most straightforward option for surplus funds is to assign the 529 account to a new beneficiary. You can change beneficiaries with no penalties or tax consequences, but the person must be related to the original beneficiary by blood, marriage, or adoption. That definition is broader than it sounds: For example, it includes in-laws, first cousins, first cousins’ spouses, and stepparents. You can even name yourself as the new beneficiary and spend the funds on your own continued education.
Repay Student Loans
If your graduate has taken on student loan debt, you can use 529 funds to help pay it down, subject to a lifetime limit of $10,000. You can also use up to $10,000 per sibling to repay their loans, which you can do without changing the beneficiary.
A few things to bear in mind: Most, but not all, student loans qualify. Private student loans must meet several criteria to be included in the program. For example, they must have been used solely for qualified education expenses for a degree or certificate program at an institution eligible for Title IV federal student aid. And they can’t be personal loans from a family member or a loan from a retirement plan.
Also, 529 plans are run by states, and their rules don’t always align perfectly with federal legislation. We can help you check your 529 to see whether withdrawals for student loan payments will trigger any state tax penalties.
Roll Over Funds Into a Roth IRA
The SECURE 2.0 Act of 2022 added a brand-new option for unused 529 funds. If your 529 plan is at least 15 years old, you can transfer up to $35,000 into a Roth IRA in the beneficiary’s name with no taxes or penalties.
The biggest limitation with this option is that rollovers are subject to the annual $7,000 Roth contribution limit. (If the beneficiary is 50 or older, that amount rises to $8,000.) You also can’t roll over more than the income earned by the beneficiary in that tax year. Any other contributions made to your beneficiary’s traditional or Roth IRA will reduce the amount you can roll over that year.
Take the Money…and the Penalty
If you spend 529 funds on nonqualified expenses, you’ll be charged federal income tax and a 10% penalty on the earnings portion of your withdrawal. While doing so isn’t always ideal, it is an option—and sometimes, it may be the best one. For example, if you face a pressing financial need and your only other choice is to take on high-interest debt, paying the taxes and penalties on a nonqualified 529 withdrawal may be less expensive in the long run.
It’s also possible that the earnings portion is small enough to render the penalty insignificant. Let’s say you had $500 dollars left in the account, with contributions accounting for $420. In that case, only $80 would be subject to taxes and penalties. You might decide it’s worth taking the hit to be able to close the account and move on.
The bottom line is that 529 college savings plans have more flexibility than you might think. Reach out, and we will gladly help you weigh all the options for leftover funds. Congratulations to all the recent grads out there—and to the parents who helped foot their tuition bills.
Bryan Cassick, MBA, CFP®
Wealth Advisor, Warren Street Wealth Advisors
Investment Advisor Representative, Warren Street Wealth Advisors, LLC., a Registered Investment Advisor
The information presented here represents opinions and is not meant as personal or actionable advice to any individual, corporation, or other entity. Any investments discussed carry unique risks and should be carefully considered and reviewed by you and your financial professional. Nothing in this document is a solicitation to buy or sell any securities, or an attempt to furnish personal investment advice. Warren Street Wealth Advisors may own securities referenced in this document. Due to the static nature of content, securities held may change over time and current trades may be contrary to outdated publications. Form ADV available upon request 714-876-6200.
https://warrenstreetwealth.com/wp-content/uploads/2025/06/529-Plans.png10801080Bryan Cassick, MBA, CFP®https://warrenstreetwealth.com/wp-content/uploads/2014/11/Warren_Street_logo-01.svgBryan Cassick, MBA, CFP®2025-06-17 07:35:002025-06-16 13:34:40What to Do With a 529 Balance
You’ve seen him on the court, now it’s time to get to know the person behind the paddle! We sat down with Connor Garnett, Warren Street’s newly sponsored pro pickleball player, for a quick Q&A to learn more about his journey, mindset, and what drives him — both on and off the court.
How did you get started in pickleball?
What does a typical day look like for you?
A typical day varies a lot. I try to get in a couple of hours of pickleball, some gym time, and then focus on business-related work. That includes video editing, creating Twoey merch, and coordinating deliverables with sponsors.
What do you love most about pickleball?
The community and the evolution of the game are what I love most. It’s really cool to see people from all walks of life coming together on the pickleball court. Hearing how each person got here and building those lasting connections is something I really enjoy. And there’s always new strategy to think about—different ways to play and improve—so the analytical side of me totally geeks out on that.
What’s been the biggest highlight of your career so far?
What excites you most about this partnership with Warren Street?
Favorite post-match snack?
Sour gummy worms—or if I need something more filling, sometimes I just go for a cheeseburger. It’s tough to balance eating without feeling lethargic during a long day, so I’m usually pretty hungry afterwards!
What is one thing people might not know about you?
Say Hi to Connor!
Whether you’re catching him courtside at a SoCal tournament or seeing him in action on social media, we’re proud to have Connor representing the Warren Street brand. Stay tuned for future events, content, and more ways to connect with Connor through Warren Street!
JenniferLa
Director of Sales & Marketing, Warren Street Wealth Advisors
Investment Advisor Representative, Warren Street Wealth Advisors, LLC., a Registered Investment Advisor
The information presented here represents opinions and is not meant as personal or actionable advice to any individual, corporation, or other entity. Any investments discussed carry unique risks and should be carefully considered and reviewed by you and your financial professional. Nothing in this document is a solicitation to buy or sell any securities, or an attempt to furnish personal investment advice. Warren Street Wealth Advisors may own securities referenced in this document. Due to the static nature of content, securities held may change over time and current trades may be contrary to outdated publications. Form ADV available upon request 714-876-6200.
https://warrenstreetwealth.com/wp-content/uploads/2025/06/Get-to-Know-Connor-Garnett.png10801080Jennifer Lahttps://warrenstreetwealth.com/wp-content/uploads/2014/11/Warren_Street_logo-01.svgJennifer La2025-06-09 10:21:452025-06-09 10:21:50Get to Know Connor Garnett: Warren Street’s Sponsored Pro Pickleball Player
At Warren Street, we’re always growing—sometimes that means welcoming new faces, and other times it means welcoming back familiar ones. If you’ve been with us for a while, you might recognize Phillip Law, CFA, and we’re excited to share that he’s officially rejoined the team!
Phillip is stepping into a new role as Senior Portfolio Manager. In this spotlight, we’ll help you get to know him a bit better—both personally and professionally.
What drew you back to Warren Street?
Warren Street has always felt like home. It was my first internship and job, and I developed an affinity for the firm’s mission and people. Even after I left to expand my horizons, I often daydreamed about returning with a newfound skillset. I’m grateful for the opportunity to come back, and I’m ready to apply what I’ve learned in my new role.
How has your career evolved since your last time with us?
During my last role at Capital Group, I really got my hands dirty analyzing the performance of institutional client portfolios using data and storytelling. Most importantly, this experience significantly boosted my confidence and helped me buy into the following mindset: as long as I put my heart into what I do and try to help others, I can add value even at one of the world’s largest investment firms. Now, I’m returning with stronger analytical skills and the self-confidence to make change.
What excites you most about your new role as Senior Portfolio Manager?
What are your top priorities for the next 6–12 months?
A lot has changed since I was last at the firm for both myself and Warren Street. Once I’m acclimated, my immediate priorities will be in three areas: 1) upscaling portfolio management processes and decisions 2) expanding the number of solutions Warren Street has in the marketplace and 3) producing more capital markets related content.
What’s one piece of financial advice you wish more people followed?
There’s one quote I heard from a Portfolio Manager at Capital Group that I think about often: “Lean Into the Pain, Let Go of the Joy.” Human psychology is wired to avoid leaning into markets during turbulent times. Meanwhile, human behavior makes it challenging for investors to trim positions when their investments feel euphoric. In my opinion, this quote not only humanizes the idea of “buy low, sell high,” but also serves as concrete advice for building a durable, long-term portfolio.
Favorite way to unwind after a long day?
I feel most refreshed when I’m physically active, whether it be swinging my badminton racket or shooting jump shots on the court. Weekly cooking sessions with family and grandparents also have a special place in my heart..
What’s one fun or unexpected fact people might not know about you?
I have a deep fascination with animals and enjoy listening to simple animal facts or seeing these creatures in their natural habitats. Maybe this stems from my childhood wonder of dinosaurs, but I’m considering visiting all major zoos in the US as a bucket list item.
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We’re thrilled to have Phil back on the team, especially in a role where his expertise and perspective will directly benefit our clients. Be sure to say hello if you see him around—or reach out if you want to talk shop about the markets!
Jennifer Battles
Director of Operations, Warren Street Wealth Advisors
Investment Advisor Representative, Warren Street Wealth Advisors, LLC., a Registered Investment Advisor
The information presented here represents opinions and is not meant as personal or actionable advice to any individual, corporation, or other entity. Any investments discussed carry unique risks and should be carefully considered and reviewed by you and your financial professional. Nothing in this document is a solicitation to buy or sell any securities, or an attempt to furnish personal investment advice. Warren Street Wealth Advisors may own securities referenced in this document. Due to the static nature of content, securities held may change over time and current trades may be contrary to outdated publications. Form ADV available upon request 714-876-6200.
Statistics show that nearly 33% of Americans have faced some identity theft attempts in their lives, and experts estimate there is a new case of identity theft every 22 seconds. As financial professionals, one of our primary goals is to help our clients create a financial strategy and protect their wealth. In today’s digital age, identity theft threatens your finances, so it’s crucial to understand the risks and take proactive measures.1
This blog aims to equip you with practical strategies for protecting your personal and financial information with the goal of maintaining your financial well-being.
The most common types of identity theft are1:
Credit card fraud
Government documents or benefits fraud
Loan or lease fraud
How Identity Theft Impacts Your Finances
The financial hardships caused by identity theft can last for months or even years after your personal information is exposed. Depending on the type of data identity thieves obtain, the recovery process can involve several hurdles. Victims often need to dispute fraudulent activities in their credit files and work to restore their good credit. This may include cleaning up and making changes to compromised bank accounts.2
If an identity thief uses your Social Security number to obtain employment, you may need to work with the Social Security Administration. Similarly, if you become a victim of tax refund identity theft or an identity thief’s income makes it appear you are under-reporting your income, you may need to work with the IRS.2
Identity theft involving sensitive, personally identifiable information like your Social Security number can have long-lasting effects. Thieves may wait months or even years to use your information, or they might sell it on the dark web, requiring you to stay vigilant indefinitely. Legal fees and other costs could add to the financial impact if your identity theft issue is complex. Some victims even need to seek government assistance during recovery, highlighting the potential magnitude of identity theft hardships.2
Steps You Can Take to Help Protect Yourself
It can be difficult for victims to deal with identity security issues because bad actors are becoming more sophisticated all the time. You can use technology-enabled safeguards to help protect your identity and personal data, such as antivirus protection software, password managers, identity theft protection, virtual personal networks, and two-factor authentication on devices and accounts. There are also other actions you can take to help manage the risk of becoming a victim, including:
1. Check your mail often.
A low-tech way criminals can steal your identity is to simply take bank or credit card statements, utility bills, health care or tax forms, or pre-approved credit card offers out of your mailbox. So, don’t let your mail sit uncollected too long. Also, if you are going away, have a trusted neighbor bring in your mail or put your mail on hold with the post office.3
2. Review credit card and bank statements regularly.
By reviewing your credit card and bank statements, you may be able to spot any suspicious activity. Thieves with your credit card number or bank account information could make small purchases to see if they can get away with it. These transactions can go unnoticed. Thieves may try to make large purchases if they get away with minor ones.3
3. Freeze your credit.
In some cases, you may want to consider freezing your credit file so no one can look at or request your credit report. That means no one can open an account, apply for a loan, or get a new credit card while your credit is frozen. Remember, a credit freeze applies to you as well. To get started, contact each of the three major credit reporting agencies. In some instances, credit freezes are free and won’t impact your credit score.3
4. Don’t use the same password twice.
According to the Federal Trade Commission (FTC), secure passwords are longer, more complex, and unique. Many people use the same password for multiple accounts, which could be problematic. You should consider creating different passwords for various accounts and avoid using information related to your identity, such as the last four digits of your Social Security number, your birthday, your initials, or parts of your name.3
The FBI and the National Institute of Standards and Technology have issued guidelines stating that passwords should consist of at least 15 characters because these are more difficult for a computer program or hacker to crack. Regarding security questions, the FTC’s guidelines suggest questions that only you can answer; avoid information that could be available online, such as your ZIP code, city of birth, or mother’s maiden name.3
5. Consider shredding documents with personal information.
As stated earlier, not all identity theft is high-tech. Old-fashioned dumpster diving might sound like a thing of the past, but it still happens. Consider buying a household shredder and destroying sensitive paperwork, such as credit card and bank statements, utility bills, and other documents containing personally identifiable information.3
6. Opt out of prescreened credit card offers.
Credit card companies often send prescreened offers to open new accounts, and criminals can intercept these mailed or emailed offers and open accounts in your name. One way to help avoid a potential identity theft issue is to opt out of receiving these offers.2
Day-to-Day Security Best Practices
Small steps can make a big difference when it comes to keeping your information safe. Here are a few suggestions, starting with cleaning out your wallet.
1. Keep your Social Security card at home in a safe location—not in your wallet.
Those nine digits can help an identity thief to obtain loans or credit card accounts in your name. A bad actor could also use your Social Security number with the IRS.
2. Leave checks and deposit slips at home.
Consider leaving checks and deposit slips at home. These items may contain more information than you think, including your name, address, bank name, routing number, and account number.
3. Shred and trash any password cheat sheets.
Scraps of paper with sensitive information, such as PINs and passwords, can be risky, so dispose of any you have in your wallet after noting them in a password manager at home
4. Limit the number of credit cards in your wallet.
It may be best to limit the number of credit cards in your wallet. The same goes for excess cash and gift cards.
5. Bypass the PIN at the gas pump.5
One of the most common schemes is when criminals install a skimming device directly over the credit card slot at a gas pump. These skimmers capture and store your card data when you insert or swipe your card. If something looks off, don’t use that pump. Also, if you use a debit card to pay for your gas, bypass the PIN if possible and use your zip code instead. That may prevent someone from stealing your PIN using a pinhole camera.
Dispose of Old Devices Safely
Improper disposal of old digital devices is a key but often overlooked aspect of identity theft. Simply deleting files may not be enough on some digital devices, as thieves may be able to recover the data. Therefore, safe disposal is critical. Many communities have secure electronics recycling events where devices can be disposed of. However, it’s important to note that different devices and storage media types may require different disposal methods.
Identity Theft Protection Services
Identity theft protection services offer a range of features designed to detect identity theft, alert you to identity theft, and help you recover from identity theft. These services typically monitor credit reports, dark web activity, and public records for signs of fraudulent use of personal information. When suspicious activity is detected, they alert the user and provide next steps. While these services can be helpful, their effectiveness can vary. However, these services can be a valuable first step for those who lack the time or expertise to monitor their credit and personal information.
What to Do if Your Identity Has Been Stolen
You may not know that you have been a victim of identity theft immediately when it happens, but there are warning signs you can look out for, such as:6
Bills for items you did not buy
Debt collection calls for accounts you did not open
Information on your credit report for accounts you did not open
Denials of loan applications
Mail stops coming to or is missing from your mailbox
If you are a victim of identity theft, you may want to place fraud alerts or security freezes on your credit reports. A fraud alert requires creditors to verify your identity before opening a new account, issuing an additional card, or increasing the credit limit on an existing account based on a consumer’s request.
Pro tip: When you place a fraud alert on your credit report at one of the nationwide credit reporting companies, it must notify the others.7
Protecting your identity is an integral part of maintaining your overall financial health. As financial professionals, we believe safeguarding your personal information can be as crucial as making sound investment decisions. By implementing these preventive measures and staying vigilant, you can help manage the risk of becoming a victim of identity theft. Remember, your financial security encompasses every aspect of your financial life.
If you have any concerns about identity theft or would like to discuss how it fits into your broader financial strategy, don’t hesitate to contact us. We’re here to help provide you with information that can help improve your personal finances.
Emily Balmages, CFP®
Director of Financial Planning, Warren Street Wealth Advisors
Investment Advisor Representative, Warren Street Wealth Advisors, LLC., a Registered Investment Advisor
The information presented here represents opinions and is not meant as personal or actionable advice to any individual, corporation, or other entity. Any investments discussed carry unique risks and should be carefully considered and reviewed by you and your financial professional. Nothing in this document is a solicitation to buy or sell any securities, or an attempt to furnish personal investment advice. Warren Street Wealth Advisors may own securities referenced in this document. Due to the static nature of content, securities held may change over time and current trades may be contrary to outdated publications. Form ADV available upon request 714-876-6200.
This blog is for informational purposes only and is not a replacement for real-life advice. We encourage you to consult your tax, legal, and accounting professionals if you believe identity theft involves using your tax records.2
We’re thrilled to announce our newest partnership — Warren Street is now the proud sponsor of professional pickleball player Connor Garnett!
At Warren Street, we’re passionate advocates of pickleball — not just as a sport, but as a community builder. It’s fun, fast-paced, and brings people together in meaningful ways. That’s why this partnership is about more than just branding — it’s about connection and creating new ways to engage with our clients and community. We also believe that health is wealth, and pickleball perfectly aligns with our commitment to well-being and active living.
Why Connor?
Connor brings excellence, discipline, and a strong sense of purpose to the court — qualities we admire and live by in our work with clients. He’s not only a rising star in the pro pickleball circuit, but also someone who embodies the same values we hold at Warren Street: integrity, passion, and fun.
“Connor represents the kind of energy and ambition we love to support — both on and off the court. He’s not just a talented athlete; he’s someone who genuinely connects with people, which makes him a great fit for our community. We’re excited for what’s ahead.”
— Blake Street, Founding Partner, Warren Street Wealth Advisors
You’ll see Connor repping the Warren Street brand at tournaments across the country — wearing our logo proudly on his jersey, engaging with fans and our clients, and even making special appearances at future events. Whether it’s a VIP experience at a PPA tournament or a chance to learn from him on the court, this partnership opens the door to exciting opportunities for our community.
What’s Ahead
Client appreciation events and “Play with the Pro” sessions featuring Connor
Exclusive access to box suites at major SoCal pickleball tournaments
Collaborative content on social media and beyond
And more exciting updates to come…
At Warren Street, we believe financial planning should be personal — and a little more fun too. We’re excited to welcome Connor Garnett to the Warren Street family and stay tuned for more exciting updates from the court and beyond.
JenniferLa
Director of Sales & Marketing, Warren Street Wealth Advisors
Investment Advisor Representative, Warren Street Wealth Advisors, LLC., a Registered Investment Advisor
The information presented here represents opinions and is not meant as personal or actionable advice to any individual, corporation, or other entity. Any investments discussed carry unique risks and should be carefully considered and reviewed by you and your financial professional. Nothing in this document is a solicitation to buy or sell any securities, or an attempt to furnish personal investment advice. Warren Street Wealth Advisors may own securities referenced in this document. Due to the static nature of content, securities held may change over time and current trades may be contrary to outdated publications. Form ADV available upon request 714-876-6200.
https://warrenstreetwealth.com/wp-content/uploads/2025/05/Warren-Street-Wealth-Connor-Garnett.png10801080Jennifer Lahttps://warrenstreetwealth.com/wp-content/uploads/2014/11/Warren_Street_logo-01.svgJennifer La2025-05-08 07:31:002025-05-07 15:31:24Warren Street is Now the Official Sponsor of Pro Pickleball Player Connor Garnett!
