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HCR Wealth Advisors Gives Advice on Donation Strategy

HCR WEALTH ADVISORFor those that are fortunate enough to have an income and assets that allow them to live a comfortable life, finding ways to give back to those that are less fortunate is a practical necessity. When people are looking to give back, they will often donate to a charity of their choosing. If you are going to donate to a charity, you will have to decide how to make that donation. While the majority of people will donate cash, a better option may be to donate stock as this could benefit both the donor and the charity. 

Allows for Larger Donation

The main advantage of donating stock versus cash to a charity is that it will allow you to donate more money. If you would like to donate cash, you may need to sell stock to do so. You are then going to face a tax burden related to the sale, which reduces the amount of money that you can donate. If you were to instead donate the stock directly, you could increase the total amount that you donate as you will be able to avoid this taxation.

Give Valued and Appreciating Asset

Charities also need to be able to think about their financial future. For many, this includes planning by purchasing appreciating assets. When you give a stock to a charity, you will be giving an asset that could appreciate in value while also providing dividend income. 

There are many different financial decisions that someone will have to make on a daily basis. It is very easy to make these decisions without thinking about how they can impact your taxes and other financial outcomes. To ensure that you are making the right decisions and tracking towards your financial goals, you should meet with the team at HCR Wealth Advisors. The professionals at HCR Wealth Advisors can help you develop a personal financial plan that minimizes your future taxes and allows you to achieve your goals.

This article is provided for informational purposes only and should not be interpreted as investment advice.

Jack Plotkin: From Harvard to the Forefront of Healthcare Change

JACK PLOTKINJack Plotkin is the founder and CEO of Cardinal Solutions, which is an investment firm based in New York. His life as an analyst began several years ago as a middle school student who was more observant than the others in his class. 

Plotkin did not have the benefit of learning in a private school. Instead, he was challenged to navigate the California public school system, which was not recognized for producing brilliant and independent thinkers who had the tools needed to stand alone in the entrepreneurial world. In fact, California public schools in Plotkin’s time were among the lowest-ranked in the nation. Still, Jack did not let the odds defeat him. 

The businessman-in-the-making observed all of his surroundings and completed his work with precision. A sixth-grade teacher noticed Plotkin’s drive and encouraged him to follow his passions in life. Jack’s middle school teacher was not intimidated by his shyness, but rather took young Plotkin’s conservative ways as a sign of caution. The teacher worked with her young student until he was comfortable enough to stand in his passions. Jack’s interests, as developed with assistance from his middle school teacher, transferred over into the high school years. 

Physics and English seemed to be hot subjects for Plotkin. Such may be why the young scholar’s teachers encouraged him to develop his crafts in these areas. Jack Plotkin also had a love for creativity that ultimately led him to declare his major in liberal arts at Harvard University. The rest of this entrepreneur’s life is one for the history books. 


Jack Plotkin is often asked if his time at Harvard University prepared him for his life as a businessman. Plotkin attributes his success to more than just his studies at an Ivy League school. According to Jack, liberal arts teaches an individual how to do life well. He is, therefore, grateful for the opportunity to learn how to develop in life and not just find a career. 

Matthew Fleeger Pushes the Family Business, the Gulf Coast Western, Into Becoming an Industry Leader

GULF COAST WESTERNThe current CEO of Gulf Coast Western, Matthew Fleeger, has earned his good reputation in the oil and gas industry by managing this company, with its main headquarters is located in Dallas, Texas. Gulf Coast Western has actually been around since the seventies, when Matt’s own father founded the company.

Through Matthew’s help, he was able to expand the family business. Because of his expertise that he garnered through education and experience; Matt was able to boost this homegrown company to become the industry leader that it has become today. His own dad may have begun Gulf Coast Western, but it was through Matt’s leadership skills and strategic decisions that they were able to secure the top spot.

Today, Gulf Coast Western remains one of the largest oil and gas investment firms across the globe. Though he is very focused on managing this old family business, as well as his other personal business ventures, Matthew Fleeger has not forgotten to make quality time a priority for his wife and kids. Since they are his inspiration, he finds himself always looking forward to deal with various projects because everything that he does is for their benefit.

Apart from the family Gulf Coast Company, Matt has his own tanning company and medical waste management venture. Apart from this, he is a philanthropist, who is popular for taking their company’s corporate social responsibility seriously. Matt is noted for doing several successful charitable events in the Dallas area. On top of that, he is a prime supporter of the Sadie Keller Foundation, a well-known cause that helps young children with terminal cancer to help scientists find a possible cure.    


Gulf Coast Western has expanded rapidly over the past few years when Matthew Fleeger took over after his father’s retirement. Many people now come looking to him and his team for industry advice. They are considered a premium asset within the industry and they have also been lauded for what they have been able to accomplish for other people.

Paul Saunders and James River Capital Provide Advice to New Entrepreneurs

One dream that a lot of people have is the dream to eventually be their own boss and start their own company. While this is a great dream and a viable option for a lot of people, starting any company does come with a financial outlay that can be hard to raise. While raising money through equity or debt can seem like a challenge, there are many options today that could be quite successful. Financial services firm James River Capital has given insight into a variety of options that could be a great option. 


Friends and Family

One option to consider when you are starting a company is to raise money from your friends and family members. While it can be a hard conversation to have, those that do not have too significant of financial needs could consider taking out a loan or selling shares in your company. This could help you raise some money from people that you trust. 

Get a Loan

Another option is to get a traditional bank loan. Bank loans today are available for all forms of new and growing businesses. You can use these loans to buy inventory, for working capital, or to finance equipment. The loans tend to be affordable with low rates and will not require you to sell shares of your company.


For those that do not want to go through the rigors of a formal process, crowdsourcing could be a good option. With this option, you will be able to raise a little bit of money from hundreds of people located all over the world.  

For those that are looking to start or grow a company should continue to seek the guidance provided by James River Capital. The James River Capital company, along with its founder and CEO Paul Saunders, can provide a variety of financial services to both companies and private individuals. This could help any person or organization reach their long-term financial goals for the future. 

How HCR Wealth Advisors Manages Charitable Donations

In a study performed by the Network for Good, researchers found that 29-percent of donations for an entire year occurred in December with 11-percent in the last three days of the year. Creating a charitable contributions plan can lead to a positive impact on the cause while lowering the tax impact on your wallet. The earlier you can plan your contributions with HCR Wealth Advisors in the year, the better.


Stock donations

One way to make a major impact is by donating stock. There are four major advantages to donating stock in place of cash:

Cash can be used elsewhere

When donating stock from your portfolio, this frees up the amount of cash you were going to give so it can be invested in an equal amount of the stock gift. This helps you continue to grow your money while still giving to a reputable cause.

Increase the size of your gift

HCR Wealth Advisors has found that by selling stock to raise donation money, you most likely will incur a tax liability from the actual sale. However, by donating stock to charity, you will receive a tax deduction at the full fair market value of the stock.

Remove tax liability

Federal capital gains tax on investments can be as high as 20-percent without the added state capital gains tax. Add in the 3.8-percent Medicare tax on investments and your total tax could be over 25-percent. On the other hand, HCR Wealth Advisors note that donating stock removes the tax liability altogether.

Tax deductibility

In addition to not having to pay a tax liability, stock donations are tax-deductible for those who itemize their deductions. Although the standard deduction has been raised, resulting in a greater hurdle, those who can give will help their wallet and charities through stock donations. HCR Wealth Advisors note the maximum percentage of appreciated stock donations is limited to 30-percent of your Adjusted Gross Income.

This article is provided for informational purposes only and should not be interpreted as investment advice.

Sergey Petrossov

SERGEY PETROSSOVFlying is one of the most popular ways to get around. It is how we get to experience the world around us in the air. However, many elites find themselves struggling to get to one point from another in a speedy manner. There was a massive need for something to be done to remedy this problem. Fortunately, there was one entrepreneur who stepped up to the plate to get this problem solved. Meet Sergey Petrossov: an aviation genius who wanted to bring the convenience of uber into the airs. It is here that he developed the application called JetSmarter. It is here that the elites won’t have to wait any longer to get on the plane that they want to ride around the world.

Fortunately, this task was fairly easy for Sergey to accomplish. As the founder and CEO of the company, he had this incredible idea hit him after flying on a private charter jet. It was here that he realized that he could bring this incredible experience to others around the world. Now, celebrities and private business individuals have been using his service and his company has raked in millions of dollars.


Sergey knew that he had to tap the aviation market as soon as possible. It was basically begging to be controlled by one of the smartest people on the market. The Saudi professional is now enjoying his successes and continues to improve the application each and every day. We look forward to seeing what Sergey accomplishes next with his genius abilities. Be sure to keep tabs on this young entrepreneur: the sky isn’t the limit for him at all and he continues to prosper.

TJ Maloney Brings Research-Centric Approach to PE Investment

More than a decade of working as an attorney in the field of mergers, acquisitions and security law through the 1980s prepared TJ Maloney for the next phase of his career as a top executive for one of the most successful private equity firms in New York City.

TJ Maloney joined Lincolnshire Management in 1993. He quickly began climbing the ladder as his contributions became ever-more essential to the firm’s work with investments in lower middle-market companies. TJ Maloney was named chairman and CEO of Lincolnshire Management after several years with the firm. Since then, his steady leadership and a famous “balanced approach” has allowed the PE operation to remain at the forefront of an always highly competitive industry.

TJ Maloney is a graduate of Boston College. He entered law school at Fordham University L aw School and graduated with his Juris Doctorate in 1979.

Prior to joining Lincolnshire, TJ Maloney was chairman of the Boston College Wall Street Council and served on the Board of Trustees for both Boston College and Fordham University. Maloney recently donated $5 million to endow the TJ and Nancy Maloney Library at Fordham Law School. He credits much of his life success and accomplishments in business to his experience at Fordham.

Under his guidance and leadership at Lincolnshire Management, TJ Maloney has played a significant role in some of its landmark transactions. That includes work with AMPORTs, PADI, the Cybergenics Corporation, Prince Sports, Credentials Services International, Kathyrn Beich and many more. Two investments of special note are Riddell Sports Group and American Coach Lines.

Characteristics of TJ Maloney’s approach is embarking on an extremely thorough research process that drills down through multiple layers of information. He values a teamwork approach where clear and constant communication keeps everyone informed. He sometimes takes an extra step by hiring an outside consultant to further examine investment opportunities. He is also keen on getting to know the management of a company his team is evaluating.

TJ Maloney said he is interested in understanding where a company’s operations can be improved. He said Lincolnshire has developed a reliable, time-tested strategy that works to enhance the value of a firm by way of implementing operational improvements.

See TJ Maloney’s profile here

Raffaele Riva Knows Success

“Do what you love” seems like simple advice. The easy-to-grasp suggestion comes from Raffaele Riva, the incredibly successful financial services entrepreneur. Riva loved accounting and financial work, so he thrust himself into a life revolving around related business endeavors. Today, he is the founder of Aurea Multi-Family Office, a parent company to several subsidiaries in several countries. Before launching AMFO, he had a hand in founding other successful endeavors. Years of experience and learning provide Riva with insights that few people possess. Those interested in following a similar entrepreneurial path should consider listening to some of his thoughts about business and success.

Riva holds a post-graduate degree from a top institution in Milan, but he doesn’t feel his education ended. Raffaele Riva always strives to learn more and not only about subjects related to business. He reads a lot and works hard at staying on top of trends. His self-motivation expands his knowledge, which helps him in both business and life.

Riva also stresses the importance of taking action. Entrepreneurs may draw up detailed business plans describing how they will put their ideas into action. Creating business plans and thinking about the future is not enough. All ideas and preliminary steps go nowhere unless you take concrete, actionable steps to make things happen. You can only think and plan so much. Not everyone takes the necessary first step to succeed. Riva says, “Just do it!” and take action.

Working hard for clients should be a top priority, too. Clients provide the financial support necessary for a business’ success. Striving each day to figure out ways to make your clients’ lives better, according to Raffaele Riva, can help a business thrive. His opinion makes crystal clear sense. Customers gravitate to businesses that care about their interests.

And budding entrepreneurs should care about what Raffaele Riva has to say.

Privinvest: A Look and Boating and Wind Power

Privinvest and the CMN division of their shipbuilding business make more than just boats. The team contributes to the environment by focusing on creating and harnessing new sources of power. They look for ways to maneuver their seacrafts with renewable and alternative energy while at the same time studying the power of the ocean. Privinvest utilizes technology, individuals, and crews to build and design these structures. The leaders of CMN take the conditions of the water to heart, and because of their position in the industry, they can help others understand these new energy platforms.

One area Privinvest is working in is wind power. The ocean windmills can distort communications, which can have a major impact on boats and their radar systems. The Privinvest team works to plot out the windy conditions, with the help of meteorologists, and then they take that information into account when selecting a building site. Ships and windmills can function together in the ocean without interfering with duty or performance. Wind power adds sufficient energy to many countries, so it should be continually advanced and improved because it is a plentiful resource.

A recent plotting occurred in the French waters. Privinvest and CMN used radar technology to spot adequate locations for the power plants. Some of the factors considered were sound issues, harbors, and flyover zones. All of these conditions can impact the captain’s communication. The team used special software to outline the boat coordinates in reference to the ocean, land, and windy areas.

Privinvest takes the environment seriously as well as the products they offer their customers. The leaders take the time to find innovative techniques to work with other seagoing vessels and structures. In addition to working with wind power, Privinvest also deals in harnessing the ocean’s currents with underwater turbine systems and generators that capture the tidal energy.

Sheldon Lavin: Recap Articles on Medium


Please let me introduce- a reputable professional who can build and lead business empires. Someone who specializes in financial operations that empower companies to maintain a complex food supply chain.

Mr. Sheldon Lavin was born in 1932. Mr. Lavin attended the University of Illinois and Northwestern University majoring in accounting and finance. He received his Bachelor of Science degree in business from Roosevelt University in Chicago, Illinois. He is the Chairperson and Chief executive Officer of OSI Group, LLC. For fifteen years, Mr. Lavin operated his own financial consulting firm, Sheldon Lavin and Associates, Inc., in Chicago. In the 70s, his association with Otto & Son, Inc., helped him to become the forerunner for the OSI Industries, LLC. Visit Bloomberg to know more about Lavin.

Mr. Sheldon Lavin specializes in large-scale financial operations, that enable companies to maintain a complex food chain. How does Mr. Lavin manage these operations successfully? He tracks a huge range of issues. Consumer preferences, resource shortages, and technological changes are some of the variables. Mr. Lavin can consider a range of variables while performing minimal research. This helps him to make smart decisions about the company. Lavin led OSI to become a multibillion-dollar global food processing enterprise, during his tenure. His diligence, hard work, and drive, made him successful and worthy of the Global Visionary Award.

What is the Global Visionary Award?

The purpose of this award is to recognize a Global Visionary who had done revolutionary work, related to advancements in his or her chosen career. The candidate will exhibit creative thinking and a unique approach in his or her career. They can also lead the path with innovation and demonstrates leadership and advocacy. Lavin received this award in 2016. During his time, as CEO and Chairman of OSI Group LLC., Mr. Sheldon Lavin has earned plenty of awards for his leadership and business performance. He has been recognized for his charitable contributions.  Website: