At Northstar, we talk often about the importance of owning companies that pay a dividend. In addition to paying a current dividend, we also want to own companies that have the potential to grow their dividend payments. Yet, dividend growth is another aspect of portfolio returns that many investors don’t understand or focus on. The…Details
I am proud to share that I was one of four business leaders selected as a 2017 Philanthropic Leadership Award winner by The Denver Foundation. The awards recognize professional advisors who have distinguished themselves as champions of philanthropy and the charitable community. In its 14 years of handing out the awards, The Foundation has honored 48…Details
The end of the year is a great time to review your finances and complete any last-minute financial housekeeping. Even this late in the game, there are changes you can make to ensure that you’re not leaving money on the table and setting yourself up for strong financial footing in 2018. Here some tips to…Details
On September 28th, I was honored to speak before 2,400 people at the Women’s Foundation of Colorado’s annual luncheon. I was there with my accomplished daughter Caroline, to announce the relaunch of Dads for Daughters, a charitable program that is near and dear to my heart. Dads for Daughters connects supportive dads, granddads, uncles, brothers,…Details
While there’s been a lot of talk on Wall Street about improving earnings and economic growth, the truth is those talked-about improvements are not being reflected in global dividend growth. Executives usually think long and hard about how much cash they really have available to send out in dividends.Once they pay or increase a dividend, investors expect them to pay at least that much the next year. Basically, dividends are where the rubber meets the road in terms of business performance.Details
About a year ago, I started thinking about how to expand my professional network and get better acquainted with the non-profits serving our community. My goal was to learn more about the issues facing Denver and to figure out where I might be able to plug in and use my skills.
My desire to get more involved led me to Impact Denver, a leadership development program offered by the Denver Metro Chamber of Commerce. The six-month program takes established professionals and equips them with the knowledge, network, skills and experience they need to enhance their impact in the community.Details
Since the presidential election, the stock market has marched forward on the prospects of faster economic growth, regulatory reform and tax cuts. So far, we have gotten none of these. The economy continues to grow at about 2%, there has been no significant regulatory reform and tax cuts are a hope on the distant horizon. We have no idea if or when any of these things will emerge, but investors are acting as if not only are they a done deal, but that the outcomes were exceptional.Details
Just when you finished securing all of your private information to make it safe from identity thieves, along comes ransomware. This increasingly popular and disruptive form of cybercrime – which makes files and data stored on computers inaccessible unless a ransom is paid – was once an obscure niche for hackers. In addition to individual PC users, ransomware attacks are now affecting larger systems including government agencies and some of the world’s biggest corporations. With sophisticated ransomware software available online for hackers to use and the rise of anonymous digital currencies such as bitcoin, chances are good that the attacks will continue to evolve and multiply.
Last month, I was elected vice chairman of the Colorado Children’s Hospital Foundation – an organization that I’ve been involved in for nearly two decades. I joined the foundation’s investment committee in 1998, became a board member in 1999 and have chaired the organization’s investment committee since 2001.
Being a Millennial isn’t easy these days. Burdened by massive student loan debt and higher unemployment rates than their Generation X or Baby Boomer counterparts, millennials are having a hard time establishing a firm financial footing.