Documents to Bring When Meeting with a Registered Representative

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A business administration graduate from Troy University, Kathy Nishnic has worked as a registered representative with Cola Wealth Advisors since 1997. At the Lexington, South Carolina-based firm, Kathy Nishnic works with clients to achieve their personal financial goals.

Interested in meeting a registered representative from Centaurus? Go to the company’s website and fill out a Contact Us form. The firm will match you with a competent representative to help you plan your finances. Here’s what to bring in your first meeting with a registered representative:

1. Retirement planning documents.

If you already have a retirement plan, your representative can review it and guide you in making adjustments to suit your changing needs. Bring current statements on your retirement plans, including 401(k), 403(b), pensions, IRA, and ESOP.

2. Banking statements

These will give your representative an understanding of your current financial position, earnings, and expenditure. You can bring documentation on your checking, savings, money market, brokerage, and education savings accounts.

3. Debt statements

If you have debt, it will affect your financial planning. Disclose your debts to your representative. Bring documentation on auto loans, student loans, mortgages, credit card debt, and personal loans.

4. Investment documentation

If you already have investments, these can augment your new financial plan. Bring documents such as share certificates, mutual fund statements, and brokerage account statements.

Other financial documents you should bring on your first meeting with a registered representative are tax statements, estate planning documents, and insurance policy statements.

Securities and advisory services offered through Centaurus Financial, Inc., member FINRA and SIPC, a Registered Investment Advisor. Centaurus Financial, Inc. and Cola Wealth Advisors are not affiliated companies. Please visit Cola’s website for more information: https://www.colawealthadvisors.com/.

A Brief Introduction to Standard & Poor’s 500 Composite Index

A business administration graduate from Troy University, Kathy Nishnic is dedicated to assisting Americans with their retirement and income options, Kathy Nishnic reviews client accounts for income optimization through channels like investing in the stock market. She recently shared an article explaining the anatomy of an index, specifically the Standard & Poor’s 500 Composite Index.

The S&P 500 was created in 1957. It is monitored by the Standard & Poor’s Index Committee and comprises a grouping of large-cap stocks from various industries including technology, health care, energy, and consumer staples. It constitutes a whopping g 80 percent of the value of the US equity market with $9.9 trillion in assets benchmarked to it.

The constituent companies of the index are not static. New companies are added periodically while others are removed. To join the index, a company must be based in the United States, have a market cap of over $5.3 billion, be financially viable, and be a market leader. Companies that do not meet these criteria are removed. For example, a company that goes into bankruptcy is not financially viable, hence is removed from the index.

Turnover for the S&P 500 companies stood at 5.2 percent in 2017. Whenever changes to the index are made, mutual funds tracking it has to sell the stocks that were removed and purchase those that are added. Noteworthy, amounts in mutual funds fluctuate in value. Hence redeemed shares may have higher or lower values than their original cost.

Securities and advisory services offered through Centaurus Financial, Inc. Member FINRA and SIPC, a Registered Investment Advisor. Centaurus Financial, Inc. and Cola Wealth Advisors are not affiliated companies. Please visit Cola’s website for more information: https://www.colawealthadvisors.com/.

The Great Mosque of Cordoba

The Great Mosque of Cordoba (La Mezquita), Spain

With over two decades of experience assisting clients with their financial goals, Kathy Nishnic is an awarding winning registered representative with Mantei and Associates based in Lexington, South Carolina. She is also affiliated with Centaurus Financial, Inc. Outside of work, Kathy Nishnic enjoys traveling and counts Spain as one of her favorite destinations.

A popular tourist destination in Spain is the Great Mosque of Cordova (Mezquita). With the building forming a rectangular area of over 250,000 square feet, it is one of the largest mosques in the world and is only slightly smaller than Rome’s St. Peter’s Basilica. Construction began in 784-786 under Umayyad ruler ‘Abd ar-Rahman, and expansions were carried out over the next two hundred years. It is one of the best representations of Islamic architecture and art in Spain and Western Europe.

In the south portion of the complex is the prayer area, whose roof is buttressed by an army of 850 pillars that apportions it into 19 aisles aligned north to south, and 29 aisles facing east. The mosque also features a prayer niche with a recessed roof that is shell-shaped and made of a whole white marble block, while its walls are adorned with gold and mosaics. In 1236 the mosque was turned into a Catholic cathedral with structural changes made in its central interiors.

Securities and advisory services offered through Centaurus Financial, Inc. Member FINRA and SIPC, a Registered Investment Advisor. Centaurus Financial, Inc. and Cola Wealth Advisors are not affiliated companies. Please visit Cola’s website for more information: https://www.colawealthadvisors.com/.

Delicious and Affordable Cotes du Rhone

Spending nine years in procurement with the United States Air Force, Kathy Nishnic was an assistant to a retired Air Force colonel and reported directly to General Dynamics in Fort Worth, Texas. In this capacity, she provided accounting and materials needed for the golf course, gym, and other facilities used by those stationed at Torrejon Air Base in Spain. Now a top-ranking broker and senior vice president of investments with Mantei and Associates in Lexington, South Carolina, Kathy Nishnic enjoys the fine wines of France’s Cotes du Rhone region.

Cotes du Rhone encompasses about 86,000 acres, meandering down the Rhone River from Saint-Cyr-sur-le-Rhone to Avignon. Among the oldest wine-producing areas in the world, people have been enjoying its wine since ancient times. In 1729, an edict from the king required that each cask from the region be stamped with CDR, an indication of the quality that could be found nowhere else.

Cotes du rhone is an appellation taken from the region where the wine is made, similar to the name of the bubbly wine that is taken from its home in Champagne. Mostly consisting of red blends, cotes du rhones are smooth and pair well with foods. They tend to be fruity and easy on the palate, and are not necessarily expensive – many are available for under $25 a bottle.

Securities and advisory services offered through Centaurus Financial, Inc. Member FINRA and SIPC, a Registered Investment Advisor. Centaurus Financial, Inc. and Cola Wealth Advisors are not affiliated companies. Please visit Cola’s website for more information: https://www.colawealthadvisors.com/.