Blog

Video Call with American Funds

Zoom Call with American Funds I had the opportunity to talk with Dan Jess and John Doyle from American Funds. We discussed how American Funds is positioned for this market cycle and what they are seeing from other 401(k) Plan Sponsors....

Bear Market. Now What?

Bear Market. Now what? As of March 12, 2020, the S&P 500 Index entered into bear market territory, defined as a 20% decline from the index’s past high. The Dow Jones Industrial Index, another often quoted index, fell into bear...

Special Message from Gate City Advisors

KOB4 Interview

Excited to do my first TV interview on my book disTRACKted with KOB4. I look forward to many more as I kick off my media tour. I'm also working on the next book in my series called FOCUSED, The Financial Freedom Formula. FOCUSED is a...

June Fiduciary Training Workshop

Register Now Join Gate City Advisors as Jonathon Schultheiss (CRPS®, AIF®, PPC®) discusses fuduciary topics for Plan Sponsors Topics of discussion: Selecting and Monitoring Service Providers Selecting and Monitoring...

Shred and Success

Shred and Success Gate City Advisors and BRC Shred Event was a success. With over 2.5 Tons of paper shredded to be recycled, based on the research done by Conservatree and Dartmouth, our event conserved approximately 42.5 trees, 450...

Cyber Security Seminar

// Join us on May 24th to learn about Cyber Security An ever growing topic of importance, Ben Hunter of BRC will discuss: The data we have at risk 3 ways to recover from Ransomware Phishing - Business Email Compromise Questions to ask...

Fees Versus Returns

HOW FEES AFFECT PARTICIPANTS’ RETURNS A great deal has been written about fees in 401(k) plans. TheDepartment of Labor, along with the news media, have put thespotlight on fees and expenses with something called 408(b)(2)and...

Spring Has Sprung and It's Time to Shred!

Safety First! Whether we're talking about buckling up or protecting your identity, precautions pay off. Tax season is behind us and it's time shred those documents you've been holding on to all year. Join BRC and Gate City Advisors on...

What’s the Big Deal with the New Tax Reform Law?

Learn More! Congress recently passed and the President signed the most significant change in tax law in over three decades with the Tax Cut and Jobs Act. Staying away from the political aspects of the law we at Gate City Advisors want...

Managing Health Care Expenses in Retirement

Come join us on April 26th to learn more about managing you health care expenses in retirement. Managing Partner Sherwood Greer CFP®, RICP® will cover what Baby Boomers need to know about Medicare and Long-Term Care. Focusing...

Facts About The 401k That Everyone Should Know

Starting your own 401k at a job can be overwhelming. You’re learning to prepare for your future and what you should expect when you retire. While you may be a few years or a couple of decades from retirement, a 401k will help you...

How To Get The Most From Your 401k

Retirement is something that a lot of people brush off because it’s so far in the future. While planning for your future is strongly encouraged to ensure you’re taken care of, a majority of Americans brush it off. In What...

What Is A 401k?

Did you know that the average American is extremely behind on savings? Most Americans are unable to afford a $400 emergency if it were to come up. With so many companies turning away from the common pension plan, the average American...

Provisional Income

When to Claim Social Security Benefits: Let’s talk about one of the most important decisions you will make in your retirement planning. When to claim your social security benefits. There is a lot of confusion out there so I hope...

What is the Qualified Charitable Distribution?

For individuals who have turned age 70 ½ and are subject to a Required Minimum Distribution (RMD) there is an exciting opportunity to take advantage of the Qualified Charitable Distribution (QCD) to remove the amount of your...

Keep Calm, Stay Invested

On February 5, the Dow Jones Industrial Average took an unprecedented fall. The benchmark dropped 1,175 points, and it was down 1,500 points at one moment during the trading day.1,2 Monday’s Dow loss was severe, but not as...

2018 PLANADVISOR Top 100 Retirement Plan Advisor

Jonathon Schultheiss, Gate City Advisors Named to 2018 PLANADVISER Top 100 Retirement Plan Advisers GREENSBORO, NC, January 30, 2018 – Gate City Advisors is pleased to announce Jonathon Schultheiss, CRPS®,AIF®, PPC®,...

Advice From The Future

What advice do you think the future "retired" you would give the you today? Do you think they would say that you saved too much for retirement? Probably not. Would they say that you weren't able to live that "retirement dream" that you...

What is a Safe Harbor 401k?

At Gate City Advisors we work with several different retirement plans. We often discuss different plan design options with our clients. We teach them how to get the most out of their small business 401k/403b. One of the most common...

What is a Fiduciary Advisor?

Have you ever wondered what it means to be a “Fiduciary?” The word “fiduciary” seems to be thrown around a lot these days. A Fiduciary is someone who is responsible for someone else’s money and has a duty...

Important Numbers Related to Social Security

Important Numbers Related to Social Security: 35 - This number represents the 35 years of your highest earnings that are calculated towards your retirement income benefit. If you do not have 35 years of earnings credited you will add...

Social Security Timing

Knowing the proper time to claim your Social Security could make a big difference in your retirement. That's where we can help. Click the link below to have a conversation with Sherwood Greer, our Social Security expert.

Happy Holidays from Gate City Advisors

Kick Boring to the Curb

Do you and your employees dread boring 401k meetings? Is your advisor putting you to sleep? If your plan needs an energy boost Gate City Advisors can help. Click the link below if you’d like to schedule a quick conversation...

When to Claim Social Security Benefits

When to Claim Social Security Benefits: Let’s talk about one of the most important decisions you will make in your retirement planning. When to claim your social security benefits. There is a lot of confusion out there so I hope...

The Cost of Financially Stressed Employees and what to do about it

What’s your employee’s lack of financial education costing your company? A recent CNN Money article states, 6 out of 10 Americans would not be able to cover an unexpected bill of $500. How would that unexpected $500 bill...

4 Financial Ideas on Your Work Anniversary

Four Financial Ideas On Your Work Anniversary It’s another anniversary and a good time to reflect on where you are in your career both professionally and financially. It couldn’t be a better time to also take stock of where...

3 Financial Moves To Make When You Get Promoted

There are few things in life that deserve a glass of champagne more than a well-earned promotion. After years of blood, sweat, and tears, your company has finally recognized your efforts and decided to move you into a more meaningful...

Suck Less to Success

An account has $100 in it; Britain leaves the EU now the account has $75, a twenty-five per cent decrease. How much must the account appreciate to regain its $100 balance? A similar account has $100 in it, either of the two US...

7 Reasons to Invest in Experiences with your Kids

I can remember as a child my dad coming home on Fridays and announcing to my brother and I that we were going to go camping, go to the beach, or take a quick trip to DC or some other city. Now that my wife and I have kids we find...

Salesman vs. Advisor

Imagine a world in which there is a plan for your money, where your investments have specific purposes, specific timelines and your investments are an organic byproduct of a defined process. Imagine an experience which does not begin...

Laid Off? What Now? Avoid the 4 Biggest 401k Rollover Mistakes!

Laid Off? Changed Jobs? Now What?....

Gate City Advisors and Leadership Greensboro

Gate City Advisors congratulates our own Elliott J Culp, MBA and all graduates of the 2017 Leadership Greensboro program. This program sponsored by the Greensboro Chamber of Commerce prepares and nurtures citizens to assume leadership...

Congratulations!

It is with great pleasure that we at Gate City Advisors congratulate our very own Jenna Barcley (f.k.a. Jenna van Eyk) and Leo Barcley on their wedding. May your marriage be one of faith, love, understanding, and commitment to each...

Does Your Advisor Measure Up??

Measuring the Value of a Financial Advisor Ever wonder what the real value of a financial advisor is? It’s not just added portfolio returns.

Do You Understand Your Target Date Funds?

Click below to have a phone conversation to discuss you Target Date Funds today! Sign Up for Jonathon's book disTRACKted below Thanks for signing up! Get Your Copy of disTRACKted Today! Take the first steps to getting your retirement...

Are Your Participants "On Track?"

Are your participants "On Track" for retirement? Do they enjoy coming to your employee education meetings? Learn what we do to engage with participants and create excitement about our education meetings.

Introduction to the disTRACKted series

Learn about the book disTRACKted and sign up for ideas and strategies to help make your retirement plan more successful.

Here We Grow Again!

APRIL: Financial Literacy Month

Are you financially fit? Find out in just 10 minutes by participating in our Financial Fitness Checkup™. Click Here to complete your check up today.

disTRACKted

"The 2 most important days in a persons life are the day they were born and the day they figure out why." - Mark Twain The statistics above highlight some of the reasons why I wrote the book disTRACKted. Americans seem to be facing a...

Understanding the Alternate Valuation Date

When an individual dies, the executor is faced with an important decision that has the potential to impact the taxes owed by the estate and its heirs.¹ The executor will have the option of valuing the estate on the date of death,...