Fairvoy Private Wealth

If your kids are starting a summer job, why not look into a Custodial Roth account? Talk to your kids about how they can get started with tax-advantaged savings. Whether they put money in the account or you get it started for them with a gift, it’s a good way to start a great habit. For more information or to set up a meeting, contact us today!

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We can explain the pros and cons of Custodial Roth IRA, and introduce you to some of the unique features of custodial accounts, including when kids can take control of the asset. Also, remember, with a Roth IRA, to qualify for the tax-free and penalty-free withdrawal of earnings, a Roth must meet a 5-year holding requirement and occur after age 59½. Tax-free and penalty-free withdrawals can also be taken under certain other circumstances, and the original Roth IRA owner is not required to take minimum annual withdrawals.

Interest rate expectations have shifted dramatically this year, reminding us just how quickly market forecasts can change. Rather than building a portfolio around a single prediction, a diversified investment strategy is designed to adapt across a range of market environments—helping investors stay focused on their long-term goals instead of reacting to every headline.

Read our July Chart of the Month for more insights: https://fairvoypw.com/july-2026-chart-of-the-month/

You've done the hard work. Now come the fun choices.

A life well-lived doesn't have to be extravagant. One moment you may crave that favorite food from childhood, the next an elegant wine at a table under the stars, and finally a chef-inspired dream you talk about for years to come. There are no wrong answers to how you experience joy. Only the freedom to celebrate the way you deserve, thanks to the good decisions you've made along the way.

Savor every bite. You've earned it.

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The summer job landscape has dramatically shifted since 1980. Back then, teens and college students flooded the job market during summer break, finding work at theme parks, retail stores, and more. With the minimum wage at $3.10/hr, managers made room for young workers, often allowing them to continue part-time during the school year.

Fast forward to today: Many employers seek full-time availability, with minimum wage at around $7.25/hr. The demand for flexibility is gone, and summer jobs are less economically viable for both businesses and students.

Now, with the rise of unpaid internships, volunteer work, and side hustles, students are building skills and brands rather than just earning money. When you see a young person working this summer, remember they're keeping a vintage tradition alive.

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Sources:
Salon, May 26, 2025
Department of Labor, March 2, 2026

High-net-worth households in Birmingham are not random targets. They are researched, profiled, and deliberately pursued, and this article breaks down what every affluent family should understand about protecting their digital life and financial assets.

Inside, we cover:
- Why high-net-worth households are prime targets and how criminals find them
- The most common threats, including spear phishing, wire fraud, and social engineering
- Essential protections every household should have in place today
- How to safeguard family members who may be less financially sophisticated
- Steps you can take right now to limit your exposure

Your financial plan means nothing if it can be compromised by a single phishing email. This is worth reading.
👉 https://bit.ly/4herMXN

What does independence actually look like once it’s real?

We're proud to share that our Managing Partner, Stephen Davis, was recently featured in a Barron's article highlighting how independence turned from an idea into a reality and the lessons he learned along the way.

At Fairvoy Private Wealth, our decision to build an independent, fiduciary firm has always been about one thing: putting our clients first. It's rewarding to see Stephen's perspective included in this national conversation alongside other independent advisors shaping the future of wealth management.

Thank you to Barron's and Dynasty Financial Partners for the recognition.

Read the full article: https://www.barrons.com/advisor/articles/independent-financial-advisors-dynasty-15c81e45?mod=djem_b_&utm_content=382164737&utm_medium=social&utm_source=linkedin&hss_channel=lcp-1572077

Markets showed remarkable resilience in the second quarter, with the S&P 500 climbing 15% despite geopolitical tensions, elevated inflation, and shifting expectations for interest rates. As oil prices retreated from their highs, investors turned their focus back to AI-driven growth, fueling a strong rally in technology while gains broadened across mid-cap, small-cap, and international stocks.

Looking ahead, key themes to watch include the path of inflation and Federal Reserve policy, the sustainability of AI investment, and whether market leadership continues to expand beyond the technology sector. Diversification and a long-term perspective remain as important as ever.

See our full Q2 recap and Q3 outlook here: https://fairvoypw.com/2q-2026-recap-3q-2026-outlook/

As we celebrate Independence Day, we're reminded that freedom is about more than our nation's history—it's also about building a future with confidence and purpose.

This Fourth of July, we wish you and your family a safe, joyful holiday filled with time spent with the people who matter most. Happy Independence Day from all of us at Fairvoy Private Wealth!

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Red, white, blue... and a little blue and yellow!

The Fairvoy team had some fun in the office yesterday showing our support ahead of the USA vs. Bosnia & Herzegovina World Cup match. While most of us wore our USA colors, Alma proudly represented her home country of Bosnia—making the day even more special.

We love opportunities to celebrate different cultures, enjoy a little friendly competition, and have fun together as a team. ⚽️

There's a moment many people experience at some point in their lives.

You're booking a flight. You scroll past the standard seat… and pause at first class.

Not because you have to upgrade.
Not because you're trying to impress anyone.
But because you've worked hard, and you're wondering when you're allowed to start enjoying the perks.

Milestones can shift the way we think about money.
A career high. An empty nest. A major life win. Retirement on the horizon.

Financial discipline matters. So does lifestyle.

The goal isn't reckless spending—and it isn't endless accumulation, either. It's aligning your resources with the life you actually want to live.

Sometimes that means staying in your seat.
Sometimes it means stretching out a little.

If you're navigating what "enjoying the journey" looks like in your own life, we'd be happy to talk it through with you. ✈️

https://fairvoypw.com/contact/