March 2024 Newsletter

Optimize Retirement Savings While Working

You may know that in addition to providing wealth management services to individuals and families, we support business owners with a variety of retirement savings plans for themselves and their employees. These include cash balance, 401(k), and Simple IRA plans. In total, we provide advisory services to business owners and more than 700 employees who are part of those plans. That means, we know a little something about the importance of effectively managing your retirement savings dollars, whether you are a business owner or an employee.

Business Owners:

If you do not have a retirement plan in place individually and/or for your employees (or your plan isn’t working as well as you would like), then consider reviewing our webpage dedicated to this topic: Employer Benefit Planning. Note that there are several types of employer plans to consider, and each has different pros and cons. Understandably many don’t know what questions to ask or where to start in these conversations.  We will want to work with you to identify your goals for the business and for your employer retirement plan. With that and other information about your organization and its employees in mind, we can advise you on the best plan options for you and aid you in making sound decisions for your future and that of your team. For more information about our retirement planning services for business owners, please reach out at 810-732-7411.

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Mom and Dad We Need to Talk

If you missed signing up for this highly informative estate planning webinar, we have you covered. Click on the link below to watch the recording.

Hint: The conversation is not about the numbers. It is all about your hopes and wishes and can be a true gift to your loved ones.

Watch Now



Know the Value of Your Business

Business owners are always keeping multiple balls in the air. Thinking about exceptional execution today, while keeping an eye on their vision for the future. With that in mind, we recommend that business owners consider both formal and informal processes to understand the value of their business. Why?

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2024 Top Women Wealth Advisors Best-In-State

Sherri Stephens, President and CEO of Stephens Wealth Management Group, has been named to the 2024 Forbes Top Women Wealth Advisors Best-in-State list for the fifth year in a row.  She is currently ranked #3 in the State of Michigan. The eighth annual ranking of Forbes/SHOOK Top Women Wealth Advisors Best-In-State features 1,991 women managing cumulative assets over $2.8 trillion.  Forbes recognizes advisors from national, regional, and independent firms.  Click here for important disclosures.



Southbound Attractions to Visit

We recently posed this question to the SWMG Team, “Where do you like to stop when traveling between Michigan and Florida?”  So many couples and families make this journey on an annual basis. If you are looking for some things to do on your journey, check out team members’ responses below.

Tyler Stephens
City / State:  Savannah, GA
What do you like about it: One of the few “Old” cities left without massive remodeling, colonial architecture
What should people know if they visit there? Bring good walking shoes and make sure you stop in to eat. Try to go in the Springtime to see the flowers blooming.
Anything else of interest about this place or attraction? If it is warm enough, hit the beach.


Kari HarberFPQP™  Client Service Lead
City / State: Cumberland Gap, TN
Name of attraction: Cumberland Gap National Park
What do you like about it: We enjoy Pinnacle Overlook and hiking the trails in the park.
What should people know if they visit there? The absolute peace and quiet of the trails and overlooks. Rich history of the early explorers and settlers and the depictions they have in the parks and visitor centers.
Anything else of interest about this place or attraction? Gap Cave


Alice WagenerClient Relationship Associate
City / State:  Memphis, TN
Name of attraction: Graceland – I have been there six times
What do you like about it: Elvis, of course. Also, the beautiful mansion and grounds, and hanging out with other Elvis fans.
What should people know if they visit there? Everyone should visit there at least once in their lifetime and experience the “50’s-70’s” culture and learn the story of the King of Rock n’ Roll.
Anything else of interest about this place or attraction? Downtown Memphis and Beal Street are fun, as well as Sun Studios where Elvis’s career began.

Chandler Fish
City / State:  Clifftop, West Virginia
Name of attraction: Babcock State Park –
What do you like about it: It has beautiful scenery accompanied by a fully operating mill wheel that provides cornmeal. It is truly like a step back in time. Great picture opportunities, especially if traveling in the fall. Hiking, fishing, and camping are also available.
What should people know if they visit there? Getting from place to place in West Virginia can be challenging and most locations are a little bit off the beaten path. Be prepared for narrow, winding roads and mountains!
Anything else of interest about this place or attraction? The park rents out cabins for
people to stay in overnight.


*Please remember that past performance may not be indicative of future results. Different types of investments involve varying degrees of risk. There can be no assurance that the future performance of any specific investment, investment strategy, or product. (Including the investments and/or investment strategies recommended or undertaken by Stephens Consulting, LLC. Doing business as Stephens Wealth Management Group (SWMG). Or any non-investment related content, made reference to directly or indirectly. In this material will be profitable, equal any corresponding indicated historical performance level(s). Be suitable for your portfolio or individual situation or prove successful.

Due to various factors, including changing market conditions and/or applicable laws, the content may no longer be reflective of current opinions or positions. You should not assume that any discussion or information contained in this material serves as the receipt. Of, or as a substitute for, personalized investment advice from Stephens Consulting.  Please remember that if you are a SWMG client, it remains your responsibility to advise us, in writing, if there are any changes in your personal/financial situation or investment objectives. For the purpose of reviewing/evaluating/revising our previous recommendations and/or services. Or if you would like to impose, add, or to modify any reasonable restrictions to our investment advisory services. To the extent that a reader has any questions regarding the applicability of any specific issue discussed above to your individual situation. You are encouraged to consult with the professional advisor of your choosing.

SWMG is neither a law firm nor a certified public accounting firm and no portion of this article’s content should be construed as legal or accounting advice. A copy of SWMG’s current written disclosure Brochure discussing our advisory services and fees is available for review upon request. Links are being provided for information purposes only. SWMG is not affiliated with and does not endorse, authorize, or sponsor any of the listed websites or their respective sponsors. SWMG is not responsible for the content of any website. Or the collection or use of information regarding any website’s users and/or members. Important Disclosure.

Please Note: Stephens Wealth Management Group does not make any representations or warranties as to the accuracy, timeliness, suitability, completeness, or relevance of any information prepared by any unaffiliated third party, whether linked to SWMG’s website or article or incorporated herein and takes no responsibility for any such content. Such that information is provided solely for convenience purposes only and all users thereof should be guided accordingly.