Roger McDevitt III, Financial Advisor

05/28/2026

Did you know a Solo 401k is a retirement plan for a business owner with no employees? They can include your spouse if they generate income for your business.

05/25/2026

On this Memorial Day, we remember those who gave their lives for our country. Let us honor their memory by striving to make the world a better place.

05/22/2026

If you are like most homeowners, you love selecting the fixtures, fabrics, and paint colors of your home improvement project. But there is one very important item that you may overlook—making certain you are properly insured.

Why Proper Insurance Matters:
You may need to review your insurance before beginning any home improvement project since it can expose you to additional financial risks.

If you choose to act as your own general contractor (in other words, you organize and order supplies while hiring sub-contractors to do the work), you may be opening up yourself to additional liability (such as an injury to a worker or third party) that may not be fully covered by your current homeowners insurance policy.

Whether it’s an extra room or an updated bathroom, many home improvement projects will increase the value of your home. However, too many homeowners fail to review the policy’s replacement value limits, which may no longer be high enough to cover any losses that occur after your home improvement.

Obtaining additional coverage shouldn’t wait until you’ve completed the remodeling. After all, at any point in the process, you will have supplies and completed work that may not be covered under your existing policy.

To ensure that you are properly covered, meet with your insurance agent about your projects and discuss with them any need for modifying your current insurance coverage.

05/20/2026

Very glad I was able to make it down to Seaport to connect with the team over food and friendly games of darts. Thank you again to our sponsors and everyone who made this event possible!

05/14/2026

As a successful business owner, you know the importance of having a business continuity plan, but maybe you haven't done the work of creating one just yet. The first step in this process is figuring out what your business is worth, which can be more complicated than expected. As a business owner, the amount of time and energy you've put into building a successful company is invaluable. But the value you need to consider is what someone else would pay for your business.

Often, the best person to help you obtain a precise estimate is an accountant, a trained business appraiser, or a licensed business broker. Here are a few approaches they may consider.

1.) The Cost Approach evaluates your assets and liabilities to determine the net worth of your business. Within this approach, there are three possible valuations:

Book value represents the value of the underlying assets that the business owns, minus liabilities.
Adjusted book value looks at the same assets and liabilities as book value, but also considers the value of other tangible and intangible assets (property, equipment, patents, copyrights, client lists, trade contracts, etc.)
Liquidation value refers to what would be left if the business stopped operating, sold its assets, and paid off its liabilities.

2.) The Income Approach assumes your business earnings are the best indicator of value. Here, there are two main methods:

Capitalization of earnings method determines the average earnings of your business over a particular time period, then divides the amount by an industry-accepted capitalization rate. This method is generally used for companies with a stable earnings history and predictable future cash flows.
Discounted cash flow method attempts to estimate the future earnings of the company, then discounts them back to the present to determine the company's value.

3.) The Market Approach attempts to determine the value of a business by comparing the company to similar enterprises that have recently sold. Adjustments can be made to account for differences in size, risk, market position, and other factors.

05/12/2026

Did you know that...

🔷Fifty-seven percent of American workers have no private short-term disability insurance.

🔷Sixty-five percent of working people in the U.S. lack private long-term disability coverage.

🔷Forty-eight percent of Americans have no life insurance.

🔷Approximately 14 percent of American drivers are uninsured.

If you ask a homeowner, replacing a roof is probably the least satisfying expense they will ever face. While the value of such an investment is obvious, it doesn't quite provide the satisfaction of new landscaping. Yet, when a heavy rain comes, ask that same owner if they would have preferred nice flowers or a sturdy roof.

Insurance is a lot like that roof. It's not a terribly gratifying expenditure, but it may offer protection against the myriad of potential financial storms that can touch down in your life.

The uncertainties of life are wide-ranging, and many of them can threaten the financial security of you and your family. We understand most of these risks – a home destroyed by a fire and a car accident are just two common risks that could subject you to an outsized financial loss.

Similarly, your inability to earn a living to support yourself and your family due to death or disability can wreak long-term financial havoc on those closest to you.

Insurance exists to help protect you from these forms of wealth destruction.

Some insurance (such as home or car) may be required. When it isn't mandated (in the case of life or disability), individuals may be tempted to avoid the certain financial "loss" associated with insurance premiums, assuming the risk of much larger losses that are less likely to happen.

But insurance premiums aren't a financial "loss." They are designed to help protect you and your family as you build personal wealth.

05/12/2026

Stocks surged in April, delivering their strongest monthly gains in five years as solid economic data, easing geopolitical tensions, and upbeat first-quarter earnings lifted investor sentiment. The Nasdaq climbed 15.29%, the S&P 500 rose 10.42%, and the Dow gained 7.14%, while Canada’s S&P/TSX Composite added 3.65%. With no Fed meeting in May, attention turns to remarks from Fed officials and how evolving economic data may shape expectations moving forward. From \$34.1 billion in U.S. spending to the popularity of Mother’s Day dining and gifts, this month’s By the Numbers highlights how families celebrate the occasion.

Quarterly Market Insights | April 2026 U.S. and Canadian Markets Stocks fell in the first quarter amid concerns that artificial intelligence (AI) could disrupt certain industries and geopolitical issues that unsettled investors. The Dow Jones Industrial Average lost 3.58 percent while the Standard &...

05/07/2026

May is a month to celebrate the older Americans in our country and honor their lives and the accomplishments they still have ahead of them.

Older Americans Month was established in 1963 by President John F. Kennedy to bring awareness to the types of programs and support older Americans need to succeed.

If you identify as an older American, we have some tips to help you take care of your mind, body, and finances:

Stay Active: Physical activity is important for people of all ages, but it’s vital for older Americans. If you don’t have complete mobility, you may still want to add some gentle physical activity to your routine.

Grow Your Community: Socialization helps keep your mind sharp as you age but making new friends can seem daunting. If you have a passion, it’s likely that someone else shares that passion, too.

Refresh Your Estate Strategy: As you age and life continues to change, it’s a good idea to revisit your estate strategy to make certain it still reflects your goals. Now’s a great time to have those conversations with your family members to make sure everyone knows what your wishes are.

05/05/2026

May is Disability Insurance Awareness Month! It’s all about the importance of protecting our income and financial well-being in case of unexpected disability.

04/30/2026

Whether you’re a newlywed or have celebrated many anniversaries, you already know you can accomplish more working together towards the same goal. The same goes with retirement savings. Both spouses can and should be involved in building up the retirement account – even if there’s one income earner! Here are some ways:

👫Spousal IRA: A spousal IRA is a traditional IRA that a non-working spouse can contribute to, even if they don’t have income. The partners just need to file taxes jointly. For 2025, married couples filing jointly can contribute $14,000 to IRAs per year, or $16,000 if both are age 50 or older due to the catch-up contribution provision.

💰Social Security: Social Security is all about timing and working years. Under current guidelines, a non-working spouse is eligible for up to 50% of their working spouse’s Social Security at full retirement age (FRA). As with anything related to Social Security, there are many ways to configure the payout details so it’s important to understand your specific situation.

🧑‍🦳Medicare: Like Social Security, Medicare discussions can get complicated fast. There’s a literal alphabet soup of variations to account for, as well as you and your spouse’s ages and income. It can get confusing, fast! Under current guidelines, if the working spouse retires and drops their private insurance in favor of Medicare, the non-working spouse may be covered as well. It can get tricky if the non-working spouse isn’t at least 62 years old.

Retirement is an exciting time! We want to ensure you and your spouse feel like you have enough for the retirement of your dreams. There are a lot of ins and outs when it comes to planning for retirement when married. Please don’t hesitate to reach out with questions or to take a deeper dive into what retirement may look like for you!