Traverse Capital Management

08/31/2026

The people closest to you will eventually need to navigate your financial picture. Have you prepared them for that?

The accounts, the investments, the intentions behind them, and the logistics of how everything fits together are details that matter deeply to the people in your life. A spouse who understands the full picture and adult children who know where things stand are better positioned to carry out your wishes and make informed decisions when it counts.

Introducing family members to your financial advisor proactively creates shared context, surfaces questions that need answers, and puts everyone on the same page.

Sooner is better than later. Let’s bring your family into the fold.

08/24/2026

Taxes don't retire when you do. For many executives, the tax picture actually gets more complex in retirement, not less. A few triggers that can catch people off guard:

→ Required minimum distributions (RMDs) carry a 25% penalty if missed. That penalty drops to 10% if corrected within two years, but the window to act is limited.

→ Claiming Social Security at 62 instead of full retirement age permanently reduces monthly benefits by approximately 30%.

→ Higher retirement income can trigger IRMAA, a surcharge on Medicare Part B and D premiums that can add hundreds or thousands of dollars per year depending on income level.

Each of these has a planning window. Coordinating withdrawal timing, Social Security claiming strategy, and Medicare premium exposure before retirement starts is where the real tax work happens.

08/18/2026

You hit the number you spent 20 years working toward… and it didn’t feel the way you thought it would. If the definition of success that built your career no longer fits the life you actually want, you’re not alone. Here’s how high earners can rebuild that definition, and how a plan can keep up with it. Link in the comments.

Learn practical strategies for redefining financial success for high earners. Michael Palma is with Traverse Capital Management in Huntington, NY.

08/17/2026

Recency bias is one of the most documented patterns in investing.

It's the tendency to place more weight on recent market performance than on long-term strategy. When markets are up, it produces overconfidence. When markets are down, it produces excessive caution. In both cases, the result is the same: short-term conditions start driving decisions that should be anchored to a longer time horizon.

The practical defense against it is a written plan with a clear rationale for how your portfolio is constructed. When the logic behind your investment strategy is documented and tied to your specific goals, recent performance becomes context rather than direction.

Markets are strong right now. That's good news. It's also a good moment to check that your strategy reflects your plan and not just the current environment.

08/12/2026

A weekend at Sonoma Raceway for Round 5 of the Ferrari Challenge North America season. This series is run by one of our clients, and we are proud to see the results of his hard work.

What stays with me from a race weekend is how much of it happens before the green flag. Teams walk the course before anyone runs it. They set the car up for conditions that will have shifted by the afternoon. Drivers take the same corner over and over in practice so the decision is already made when it counts.

The racing is the part everyone sees. The preparation is where the result gets shaped.

I find the same to be true in planning. The decisions that hold up under pressure tend to be the ones made in advance, when there was room to think them through.

If you have been putting off that kind of thinking, reach out at (631) 228-5500 or [email protected].

08/06/2026

Is your equity compensation your biggest wealth-building tool or your biggest tax headache? Here's how to tell the difference in 2026. Link in the comments.

Is your equity compensation your biggest wealth-building tool or your biggest tax headache? Here's how to tell the difference in 2026.

08/03/2026

Does company stock represent a substantial slice of your portfolio?

Accumulating company stock through RSUs, stock options, or an employee stock purchase plan is a powerful way to build wealth over a career. However, over time, those positions can grow to represent a significant percentage of a portfolio, one that is increasingly tied to the performance of a single company.

Diversifying out of a concentrated position isn't a simple transaction. The tax implications, the timing, and how it fits into the broader financial picture all factor into how and when it makes sense to act.

If company stock has been accumulating in your portfolio and you haven't reviewed what that represents as a percentage of your overall picture, reach out at https://www.traversecm.com/contact.

07/27/2026

Here's what 3% annual inflation actually looks like in retirement.

Something that costs $100 today costs $181 in 20 years. For a retiree spending $8,000 a month at age 65, that same lifestyle requires closer to $14,000 a month by 85.

A retirement income strategy built around today's costs needs to account for how those costs grow over a 20- or 30-year horizon. Putting real inflation numbers into the plan changes what that picture really looks like.

07/20/2026

How long has estate planning been on your to-do list?

A will, a power of attorney, a healthcare proxy, and updated beneficiary designations each play a specific role in providing confidence that your wishes will be followed and your family shielded when decisions need to be made quickly.

A review of what's already in place is a practical first step.

At Traverse, we help clients look at estate planning in the context of their full financial picture. If that's a step you're ready to take, reach out at traversecm.com/contact.

07/13/2026

Waiting too long to start investing is one of the most expensive financial decisions a person can make.

Time is the one variable in investing that can't be bought back. Every year that passes is a year of compounding that doesn't happen.

If you've been waiting to start investing, the best time to act is now.

🌐 https://www.traversecm.com/contact