COMPASS RETIREMENT | FINANCIAL PLANNING | INVESTMENTS
MAGAZINE
FALL 2026
TEAM APPROACH TO RETIREMENT HOW CCM CAN HELP
HOW TO DEVELOP YOUR
CHAMPIONSHIP MINDSET
RIGHT NOW
TABLE OF CONTENT
COMPASS MAGAZINE
04
A LETTER FROM OUR LEADERSHIP TEAM
08
MEET THE CCM TEAM
10
THE PLAYBOOK FOR FINANCIAL SUCCESS
16
YEAR-END FINANCIAL PLAN CHECKLIST
23
SEASONAL FINANCIAL TIPS
24
MID-YEAR ELECTION MARKET UPDATE
Welcome to the bi-annual issue of COMPASS Magazine, an official publication of Compass Capital Management, LLC. It’s officially the third quarter, but when it comes to your finances, there are no timeouts... life keeps moving forward. Through this Fall issue of COMPASS Magazine, our team has curated a lineup of articles designed to help keep you informed, make confident decisions and keep your financial plan moving in the right direction. In this issue, you’ll find: The Playbook for Financial Success Mid-Year Election Market Update Unexpected Retirement Advice End of the Year Financial Checklist and more! Our team is here to help you stay focused on what matters most, adapt when the game changes and maintain your championship mindset. Here’s to a strong finish - and an even stronger season ahead. Sincerely, COMPASS CAPITAL MANAGEMENT, LLC www.compasscapitalmgt.com 918-423-3222 215 E Choctaw Suite 101 McAlester, OK 74501
Jimmy J. Williams
Jimmy J. Williams, CPA/PFS CFP®, CRPC®
Letter from the Leadership Team
Dear Clients and Friends, As we move into the fall season, it is a natural time to reflect on our accomplishments and prepare for what lies ahead. While economic and market conditions continue to evolve, our commitment remains unchanged: to help you make informed decisions and navigate your financial future with confidence. At CCM, we continuously monitor market trends, economic developments, and legislative changes that may impact your financial well-being. Through every season and every market cycle, our goal is to provide thoughtful guidance and personalized strategies designed to help protect and grow what matters most to you and your family. Over the past year, we have continued to invest in our team, technology, and client experience. The addition of talented team members and enhanced planning tools has strengthened our ability to serve you with greater efficiency and insight. Platforms such as CLIC Client and NetXInvestor continue to provide a more comprehensive view of your financial life, helping you stay informed and connected to your goals. We are also excited about the development of our Virtual Advisor Platform, which expands access to professional financial guidance for clients wherever they may be. This innovative service combines the convenience of virtual meetings with the personalized attention and fiduciary care you have come to expect from CCM. Whether you are beginning your financial journey, preparing for retirement, or navigating life's transitions, our Virtual Advisor Platform allows us to deliver strategic advice and meaningful support in a flexible and impactful way. We are deeply grateful for the trust you place in us and honored when you introduce friends and family members to our firm. Those referrals reflect the confidence we work hard to earn every day by putting your best interests first and providing guidance that is transparent, thoughtful, and aligned with your goals. Thank you for helping us extend our commitment to financial planning and wealth management to others. As we approach the final months of the year, now is an excellent time to evaluate your financial plan and ensure it continues to align with your goals. Annual reviews can help identify opportunities as your life and priorities change. Our wealth advisors are here to help you assess your progress, address any concerns, and prepare for the opportunities ahead. We are grateful for the trust you place in our team and for the privilege of serving you. Thank you for allowing us to be part of your financial journey. We look forward to continuing to help you pursue your goals and build confidence in your financial future. Wishing you and your family a wonderful fall season.
Sincerely,
CC M Leadership Team
OUR TEAM VALUES
IT’S THAT TIME OF YEAR... AGAIN Written by: Jimmy J. Williams, CPA/PFS, CFP®
It is this time of year that we contemplate our growth as a person and our business. What were your goals for 2026? Did you reach them or make significant progress toward achieving them? Do not regret that each year you set goals that are not met due to circumstances caused by procrastination and lack of focus. A new year is upon us and you can achieve greatness in the manner you desire by following these three steps. First, sit down with a pen and paper in a quiet place to think and dream about the life you wish to live. Do you want to be more charitable in your community? Do you desire a greater income for your family?
Twenty-four hours is the maximum given to us each
What about more travel in your life? You are in
day. Some people focus on the use of those hours
control of your discretionary time each day. How are
in more productive ways than others. For example,
you spending this time? Too often I hear the same
most of the aforementioned individuals rise early in
old mantra from people who are not growing in their
the morning at 4:00 AM or 5:00 AM to start their
life plan – “I don’t have enough hours in the day.”
day. This is considered the “golden hours” of the day in which they experience less disruption and possess greater focus on their highest priorities.
Do you know that Elon
Another reason for writing down your goals is to
Musk, Warren Buffett, Tim
prioritize them in a manner that makes the greatest
Cook, J.K. Rowling, and Sir
become more fit. Talk with your physician and
Winston Churchill all had
with a trainer at a facility or simply start a walking
the same number of daily hours that you do?
Compass Magazine
impact on your growth. Let us assume you wish to confirm that it is safe for you to exercise then work program. However, you may wonder, “when do I have time to walk?” Review your current use of time and find those items or activities that are consuming your time but provide no real value to your growth.
Fall 2026
For example, you may be spending two hours each evening watching TV. Why not perform calisthenics such as jumping jacks, pushups, burpees (one of my favorites!) or sit ups during the commercials? These small chunks of time, when utilized consistently, may make a big difference in your physical and mental wellbeing.
Second, review your goals and break them down
Lastly, every quarter you must take the time
into actionable items that can be achieved each
necessary to determine your current progress in
week. When I was in college, I heard a saying
life. A life well examined is a life well lived. You are
from Brian Tracy, the famed productivity guru,
not on the planet to simply exist. A much higher
that has helped me with my goal achievement for
purpose is meant for you. Look around your
more than 39 years –
community and find an organization that is making a difference and donate your time, talent, and resources. This process will give you a boost in
INCH BY INCH IT IS A CINCH.
your self esteem and help you to achieve your goals while helping others improve their lives. If you do not feel confident in setting goals, seek out assistance
from
a
CERTIFIED
FINANCIAL
PLANNER® professional who may help you create,
My goals are quite large and impactful. To achieve
monitor, and celebrate the achievement of your most
them, I break them down into smaller, more
important goals in life. We are not informed of the
actionable steps that give me a greater probability
number of years we live on this planet. My idea of a
of success. Schedule these smaller actions into
fulfilled life is to live each day to its fullest potential by
your week and note your progress. You will rapidly
helping others, earning as much as I can and giving as
realize that you are gaining ground on the big, hairy,
much as I am able.
audacious goals (BHAGs) that bring you to the person you wish to be. REGISTERED PRINCIPAL SECURITIES OFFERED THROUGH CAMBRIDGE INVESTMENT RESEARCH, INC., A BROKER/DEALER, MEMBER FINRA/SIPC. JIMMY J. WILLIAMS IS AN INVESTMENT ADVISOR REPRESENTATIVE OF COMPASS CAPITAL MANAGEMENT, LLC, A REGISTERED INVESTMENT ADVISOR. CAMBRIDGE AND COMPASS CAPITAL MANAGEMENT, LLC ARE NOT AFFILIATED. 215 E. CHOCTAW, SUITE 101, MCALESTER, OK 74501. CAMBRIDGE DOES NOT OFFER LEGAL AND TAX ADVICE. PLEASE CONSULT YOUR LEGAL AND TAX ADVISOR FOR SPECIFIC ESTATE AND INCOME TAX PLANNING STRATEGIES. THE INFORMATION IN THIS ARTICLE IS FOR EDUCATIONAL PURPOSES ONLY AND IS NOT INTENDED TO BE TAX ADVICE. FURTHER, YOU SHOULD NOT RELY ON THIS INFORMATION TO MAKE INVESTMENT DECISIONS.
MEET THE TEAM COMPASS CAPITAL MANAGEMENT
SAM DENIKE
ALEXANDRIA HALL
CLIENT RELATIONSHIP MANAGER
DIRECTOR OF MARKETING
ANNA AMOS
JULIE HOKIT
EXECUTIVE ASSISTANT / CLIENT SERVICE ASSOCIATE
WEALTH ADVISOR
LEANN LEWIS
DENA WILLIAMS
CHIEF OPERATIONS OFFICER
CO-OWNER
SHELBY TATUM
JIMMY WILLIAMS
DIRECTOR OF FIRST IMPRESSIONS
CEO / SENIOR WEALTH ADVISOR
MICHELLE LOWE CLIENT RELATIONSHIP MANAGER
F A Q
Q: HOW DO I KNOW WHEN I NEED A FINANCIAL ADVISOR?
A: YOU MAY BENEFIT FROM WORKING WITH A FINANCIAL ADVISOR ANYTIME YOUR FINANCIAL
DECISIONS FEEL COMPLEX, UNCERTAIN, OR HIGH-IMPACT. COMMON REASONS CLIENTS SEEK ADVICE INCLUDE: EXPERIENCING A MAJOR LIFE CHANGE SUCH AS MARRIAGE, DIVORCE, A CAREER TRANSITION, INHERITANCE, OR RETIREMENT EARNING MORE INCOME BUT WANTING TO BE MORE INTENTIONAL WITH SAVING, INVESTING, AND TAX PLANNING FEELING UNSURE ABOUT INVESTMENT DECISIONS OR LONG-TERM PLANNING WANTING A COORDINATED STRATEGY RATHER THAN MANAGING FINANCES IN PIECES PREFERRING PROFESSIONAL GUIDANCE, ACCOUNTABILITY, AND CLARITY
Q: WHAT QUESTIONS SHOULD I ASK WHEN LOOKING FOR THE “RIGHT FIT” FINANCIAL ADVISOR? A: HELPFUL QUESTIONS TO ASK INCLUDE:
ARE YOU A FIDUCIARY AT ALL TIMES? HOW ARE YOU COMPENSATED, AND WHAT FEES SHOULD I EXPECT? WHAT CREDENTIALS AND LICENSES DO YOU HOLD? WHAT TYPES OF CLIENTS DO YOU TYPICALLY WORK WITH? HOW DO YOU INTEGRATE INVESTMENT MANAGEMENT, TAX PLANNING, AND FINANCIAL PLANNING? HOW OFTEN WILL WE COMMUNICATE, AND IN WHAT WAYS? WHO WILL BE INVOLVED IN SERVICING MY ACCOUNT? COMPASS CAPITAL MANAGEMENT’S TEAM-BASED STRUCTURE ALLOWS US TO: SERVE CLIENTS AT VARIOUS LIFE STAGES SCALE SERVICES APPROPRIATELY AS NEEDS EVOLVE PROVIDE EXPERTISE ACROSS INVESTMENTS, TAXES, RETIREMENT, AND PLANNING
Q: WHAT HAPPENS IF MY ADVISOR IS UNAVAILABLE?
A: OUR FIRM IS INTENTIONALLY STRUCTURED AROUND A TEAM-BASED APPROACH TO ENSURE
CONSISTENT SERVICE AND CONTINUITY. EACH CLIENT BENEFITS FROM: A COLLABORATIVE TEAM OF ADVISORS, PARAPLANNERS, AND LICENSED PROFESSIONALS DOCUMENTED PLANS, GOALS, AND PREFERENCES ACCESSIBLE TO THE TEAM PROMPT SERVICE EVEN IF ONE TEAM MEMBER IS UNAVAILABLE SEAMLESS SUPPORT WITHOUT DISRUPTION OR DELAYS THIS APPROACH ALLOWS US TO DELIVER SPECIALIZED EXPERTISE AND RESPONSIVE SERVICE— SO YOUR FINANCIAL NEEDS ARE ALWAYS SUPPORTED.
918.423.3222 www.compasscapitalmgt.com
Registered Principal Securities offered through Cambridge Investment Research, Inc., a Broker/Dealer, Member FINRA/SIPC. Jimmy J. Williams is an Investment Advisor Representative of Compass Capital Management, LLC, a Registered Investment Advisor. Cambridge and Compass Capital Management, LLC are not affiliated. 215 E Choctaw Suite 101, McAlester, OK 74501.
CHAMPIONSHIP Habits The Playbook for Financial Success Written by: Julie Hokit, Wealth Advisor
As football season kicks off across Oklahoma, fans are once again filling the stands to cheer on the Sooners, Cowboys and our own McAlester Buffaloes. While the excitement on Friday nights and Saturdays centers around touchdowns and victories, there are valuable financial lessons hidden within the game that can help families and individuals achieve their own long-term success.
Importance of Preparation: One of the first lessons football teaches is the importance of preparation. Championship teams are not built on game day. They are developed through months of practice, conditioning, film study, and planning. Financial success works much the same way. Whether your goal is retirement, funding a child's education, purchasing a home, or building a legacy for future generations, success rarely happens by accident. A wellthought-out financial plan serves as the playbook that guides decisions and keeps you moving toward your goals.
compasscapitalmgt.com
Consistency is Key Football also reminds us that winning is often about consistency rather than spectacular plays. While highlight-reel touchdowns capture attention, championships are frequently won through disciplined execution of the fundamentals. In investing, many people search for the next "big winner" or try to predict shortterm market movements. However, history has shown that consistent saving, disciplined investing, and maintaining a long-term perspective are often more effective than chasing the latest trend. Much like a football team methodically moving the chains, small financial decisions made consistently can consistently candecisions made consistently can lead to significant results over time. Another connection between football and finance is the importance of teamwork. No quarterback wins a game alone. Success requires coaches, linemen, receivers, and an entire support system working together toward a common goal. Financial success also benefits from a team approach. Financial advisors, tax professionals, attorneys, and other trusted advisors can help individuals navigate important decisions and avoid costly mistakes. Having the right team in place can provide confidence and clarity, especially during uncertain times.
Facing Adversity Football teams also face adversity. Successful teams experience injuries, tough opponents, and unexpected setbacks throughout a season.
Likewise, investors encounter market volatility, economic uncertainty, and changes in personal circumstances. The strongest teams do not abandon their game plan after a difficult quarter, and successful investors should be cautious about making emotional decisions during temporary market downturns. Staying focused on long-term objectives often proves more beneficial than reacting to short-term events.
Have Clear Goals in Mind Finally, every football season begins with a clear goal in mind. Whether it's a state championship for the McAlester Buffaloes or a National title for the Sooners or Cowboys, teams define what success looks like and then create a plan to achieve it. Financial planning starts the same way. Identifying your goals, measuring progress, and making adjustments, when necessary, can help keep you on track. As we gather with family and friends to support our teams this fall, it's worth remembering that many of the qualities that lead to success on the football field also lead to success financially. Preparation, discipline, teamwork, and perseverance are timeless principles that can help build a winning financial future. After all, whether on the field or in life, championships are rarely won in a single play. They are earned through commitment to the plan, one step at a time.
Compass Capital Mgt.
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Meet Your Starting Lineup THE PEOPLE BEHIND YOUR PERSONALIZED CLIENT EXPERIENCE:
Client relationship managers Behind every great financial plan is a team making sure all the details are handled with care—and that’s exactly where our Client Relationship Managers shine. Our CRM’s work closely with our clients to ensure all the essential pieces are in place for you and your family, providing seamless support at every step of your financial journey. From the moment you begin working with our firm, our Client Service Specialists are there to assist.
They serve as your go-to resource for keeping your information current, whether that means updating beneficiaries, contact details, or account preferences. Their attention to detail ensures your financial plan stays accurate, secure, and aligned with your goals. In addition, the team assists in guiding clients through important transitions and implementing new strategies recommended by your advisor.
Michelle specializes in review of your financial plan and ensuring that you’re on track with your goals. Sam is your guide to keeping you and your goals aligned ensuring that your financial plan is up to date and relevant to your needs.
P P L L A A M M Y Y R R B B C C E E H H TT ACCOUNT ESTABLISHMENTOOOOKK ROLLOVER/ TRANSFER PROCESSING CONTACT/ ACCOUNT INFORMATION UPDATES
07
UNEXPECTED RETIREMENT
COMPASS MAGAZINE
LIVE LIFE BY YOUR DESIGN EVEN WHEN THE UNEXPECTED HAPPENS
When we picture the day we retire, it’s often at the end of a long road. There might be a party at work, or a celebration with friends. It’s a specific date on the calendar in a year of our choosing. This is the classic scenario, and certainly the ideal one. Of course, sometimes people don’t get to retire exactly when they want. Sometimes, their financial situation just isn’t quite ready for it. It will take a few more years of working and saving in order for that day to finally come. That’s a possibility we all have to prepare for. But there’s also a third retirement option.One that almost nobody thinks about, because nobody expects it. A scenario that is less like a journey’s culmination and more like an interruption.
I’M REFERRING TO FORCED RETIREMENT. A retirement that occurs sooner than we expected.
When this happens, it’s usually because of an unexpected disability or illness. It could be ours, or it could be a loved one’s whom we now need to care for full time. Suddenly, we can’t work anymore, whether we wanted to or not. This is not a common scenario, but it can be an extremely scary one if it happens.It immediately presents all kinds of stressful questions. How will I replace my paycheck? Will I outlive my money? Will I have to give up all my dreams in retirement? Will I have to move? Hopefully, this will never happen to you or anyone else in your family. But financial planning is all about preparing for possibilities, both positive and negative.
08
pre-retirees are twice as likely to receive Social Security Disability Insurance at age 50 compared to age 40, and twice as likely again at age 60. Even a 20-year-old worker, according to the Social
ACCORDING TO THE DISABILITY BENEFITS CENTER...
Security Administration, has a 25% chance of becoming disabled before reaching their full retirement age.(1) So, let’s talk about some of the options people have when they are forced to take an early retirement due to disability or illness. Just keep in mind, these are options, not recommendations. Each of these should be discussed with a qualified professional to see what your best option might be if you find yourself in this scenario.
SOCIAL SECURITY DISABILITY INSURANCE Social
Security
benefits,
of
course,
are
something most retirees rely on to some degree. So, for those forced into an early retirement, there exists Social Security Disability Insurance. This is a program for those who have earned enough work credits (typically by working for at least 5 of the last 10 years) and have a condition that will prevent them from working for a year or more.2 After receiving benefits for two years, you will also automatically qualify for Medicare, even if you are under the age of 65 (though there is a delay of 24 months except in certain cases).3 (By the way, sometimes those who are disabled may still be able to do some form of work from home. If so, you may still qualify for SSDI as long as you earn less than $1,690 per month.2)
EARLY RETIREMENT WITHDRAWAL STRATEGY While this isn’t a source of income, in some ways, it’s just
retirement with confidence. Ultimately, retirement —
as important. A proper withdrawal strategy determines
whether expected or not — is something you plan for.
when you should withdraw money every month, which
Planning, of course, involves knowing your needs and
sources you should draw from first, and how much you
understanding your options. So, if you or anyone in your
need to withdraw in order to meet expenses, minimize
family is ever forced into an unexpected, premature
taxes, and live a fulfilling life.In the unlikely event that you
retirement, please let me know. Together, we can
or a loved one are ever ill or disabled, we can have this
determine the best option so that retirement will be a
conversation as soon as possible so you can enter
blessing…no matter what form it takes.
1 "SSDI APPROVAL RATE BY AGE IN 2024," DISABILITY BENEFITS CENTER, HTTPS://WWW.DISABILITYBENEFITSCENTER.ORG/FAQ/APPROVAL-RATE-OLD-AGE 2 “WHO CAN GET DISABILITY,” SOCIAL SECURITY ADMINISTRATION, HTTPS://WWW.SSA.GOV/DISABILITY/ELIGIBILITY 3 “MEDICARE COVERAGE FOR PEOPLE WITH DISABILITIES,” HTTPS://MEDICAREADVOCACY.ORG/MEDICARE-INFO/MEDICARE-COVERAGE-FOR-PEOPLE-WITH-DISABILITIES/
LET OUR TEAM HELP YOU FINISH THE YEAR ON A STRONG NOTE WITH OUR
YEAR-END FINANCIAL PLAN Checklist Call to make an appointment: 918-423-3222 Registered Principal Securities offered through Cambridge Investment Research, Inc., a Broker/Dealer, Member FINRA/SIPC. Jimmy J. Williams is an Investment Advisor Representative of Compass Capital Management, LLC, a Registered Investment Advisor. Cambridge and Compass Capital Management, LLC are not affiliated. 215 E Choctaw Suite 101, McAlester, OK 74501.
YEAR-END FINANCIAL PLAN CHECKLIST CHECKLIST Income Tax Planning Harvest capital losses to offset any realized gains or rebalance taxable investment accounts. Consider harvesting any capital gains that can be realized in the 0% tax bracket. Review charitable contributions to maximize income tax deductions.
Weigh the benefits of converting Traditional IRA to a Roth IRA to lock in lower tax rates on some pre-tax retirement accounts. Remember that Roth Conversions can no longer be recharacterized so there’s no reversing once executed.
Consider donation of appreciated assets that have been held for more than one year, rather than cash.
Keep in mind that Roth conversions will be more beneficial when the tax can be paid by funds outside of the IRA.
Opening and funding a Donor Advised Fund (DAF) as it allows for a tax-deductible gift in the current year and also the client’s ability to dole out those funds to charities over multiple years.
Remember that all IRA balances are included in the tax calculation of the conversion limiting the ability to only convert after-tax amounts.
Qualified Charitable Distributions (QCDs) are another option for those over 70.5 and especially for those who don’t typically itemize on their tax returns. When reviewing charitable contribution decisions, consider bunching the contributions to exceed the standard deduction.
Maximize contributions to a retirement plan, SEP IRA (self-employed) and Health Savings Accounts. If a beneficiary of an applicable inherited IRA, take any required distributions before end of 2026. If income is expected to increase in the future, consider making Roth 401(k) contributions. Evaluate income as related to tax brackets and net income tax (NIIT) and consider options to lower bracket and NIIT before year end.
Review income tax withholding on retirement account distributions or wages and recommend any needed changes for the new year. Review the timing of income and deductions such as payments for tuition. Consider any changes that may be needed in tax planning due to the 2025 One Big Beautiful Bill Act. Review any changes in income that may result in paying IRMAA (income-related monthly adjustment amount) increasing their Medicare premiums. Consider ways to reduce income over the IRMAA.
YEAR-END FINANCIAL PLAN CHECKLIST CHECKLIST Estate & Gift Planning Make use of annual exclusion gifts ($19,000 per donee, $38,000 per married couple.) Capitalize on the unlimited gift exemption for direct payment of tuition and medical expenses. Consider gifting to a 529 plan by year-end if saving for a child's or grandchild's education. Many states offer tax deductions for residents contributing to their state programs.
Review your assets to determine if each asset should be held in your name or your revocable trust. Confirm wills, trusts, and power of attorneys are up-to-date and consistent with current plans. Review lifetime gift and GST gifting opportunities to use additional applicable exclusion and exemption amounts.
Consider gifting up to 5 years of the annual exclusion amount to an individual’s 529 plan and filing a gift tax return, electing to treat it as if it were made evenly over a 5-year period.
Retirement, Investments & Other Planning Are there any major life changes such as marriages or divorces, births or deaths in the family, job or employment changes, changes in residency, and significant planned expenditures (real estate purchases, college tuition payments, etc.)? Are pre-tax and Roth contribution amounts to retirement accounts for 2027 updated and accurate? Review various insurance policies and confirm whether the amount of coverage and deductibles are still adequate. Review beneficiary designations and update, as necessary. Confirm that Flexible Spending Account balances have been spent or there is a plan to spend the entire balance and set 2027 contribution amounts.
Review the investment portfolio and target asset allocation. Confirm whether the allocation is within the targeted ranges for each asset class as recent market performance could have caused allocations to drift dramatically. Review any scheduled 4th quarter estimated tax payment needs and assess any liquidity for payments. Consider an additional tax payment or increase in tax withholdings to eliminate a penalty or changes in a tax situation for 2026. Evaluate progress towards financial goals and review goals for 2027 and any changes in long term goals. Review your credit report to identify any concerns.
Building a Hall of Fame Legacy
DURES N E
Estate planning Thoughtful guidance for families who want their values and resources to endure across generations.
VALUES
Legacy Define the impact you want to leave behind.
VISION
Family values
LEGACY
Strengthen what matters most for generations to come.
Charitable giving Support the causes you care about and inspire others.
Multi-generational wealth Plan with purpose to protect and grow your family’s future.
Let’s build a legacy that lasts.
Ask our team how we can assist you with your estate planning goals and how we can help you create a plan that reflects what matters most.
ESTATE PLANNING
LEGACY
P lanning P lanning
I S V I TA L
How do you wish to be remembered by your family? Community? World? Your legacy entails far more than simply your assets that remain after you decease. What about your family’s philosophy of life? Do your children understand the important matters of life that you support and will desire to continue supporting after your life has ended? It is critical that you communicate with your heirs so that you may leave the legacy you desire. One method of leaving a legacy is to preserve your current wealth beyond your needs. Cash flow planning and charitable support are necessary when you wish to make an impact on the community you love. For example, you may directly leave a bequest to your favorite charity of either assets or cash. Most nonprofit organizations would prefer cash but you may still make a tremendous impact with some of your less liquid assets upon your death. Another method of leaving a legacy is to form a charitable foundation that will be managed for decades after you pass from this earth. These types of foundations are considered exempt from taxation if the complicated rules of the Internal Revenue Code are followed properly. Exempt organizations are required to file annually with the IRS so that their compliance may be monitored by the taxing agency. Certain amounts of gifts must be distributed each year or the organization may be subject to tax. Due to the management requirements of the organization, a board of directors is required and legal, tax and investment advisors will need to be consulted to comply with IRS regulations.
COMPASSCAPITALMGT.COM
How do you wish to be remembered by your family? Community? World? Your legacy entails far more than simply your assets that remain after you decease.
“If you are going to live, leave behind a legacy. Make an impact on the world that can never be erased.”
-Maya Angelou
If you want to provide for a charity of your choosing, a simpler means for immediate tax benefit and long-term, tax-free growth is a Donor Advised Fund or DAF. Very simply, these types of investment funds provide governance, administration and investment strategies that allow you to contribute cash, securities, or other assets for a charitable deduction in the year of the gift. Many of the larger investment companies maintain these funds as an offering to the investing public. Further, you may request a certain tax-qualified charitable organization to receive a grant from the DAF. A much simpler process, although you lack control of the ultimate donation process, than that of the charitable foundation.
One of the most important qualities to reward a family for estate planning is to be initiative-taking. The U.S. Congress passed, and the president signed into law, the One Big Beautiful Bill Act that increased the amount of estate exemptions to $15 million for 2026 and will increase this exemption in 2027 for an inflation factor that has yet been published by the IRS. The importance of this larger exemption is to help your family retain more of your hardearned assets and thereby create a greater legacy in the future for the charities, communities, and families you support during your lifetime.
Consider scheduling an appointment with a CPA and CERTIFIED FINANCIAL PLANNER® practitioner to plan for the disposition of your assets in a tax-efficient and Within the Big Beautiful Bill, the Trump Administration’s effective manner. Your net worth may be far lower than the omnibus bill, a potential legacy bill for President Donald exemption amount mentioned above but you still should Trump, currently under evaluation in the U.S. Senate, the review your asset types and determine the most effective estate tax exemption for an individual is increased to means of disposing of the assets without the use of the fifteen million dollars ($15,000,000). This amount of District Court. Your legacy is your choice. As retirement exemption would effectively provide estate tax relief to planning specialists, our only objective is to guide your more than 90% of the citizens of the United States. family through this complex process so that you are more confident and comfortable with your future. You were born It is advisable to prepare for possibility that the U.S. House to live in a time such as this. Your responsibility is to of Representatives and the U.S. Senate will not agree on inform others, for centuries to come, of your impact on this the provisions of the bill but the probabilities of this planet and how others benefited from your generosity. occurring are exceedingly small. A married couple who Maya Angelou is attributed this quote: “If you are going to dies in 2026 will have an available exemption of $15 live, leave behind a legacy. Make an impact on the world million each ($30,000,000 total) to eliminate or mitigate the that can never be erased.” Go outside and enjoy the birds federal estate tax on their total marital assets. and the natural habitat. It is great medicine!
REGISTERED PRINCIPAL SECURITIES OFFERED THROUGH CAMBRIDGE INVESTMENT RESEARCH, INC., A BROKER/DEALER, MEMBER FINRA/SIPC. JIMMY J. WILLIAMS IS AN INVESTMENT ADVISOR REPRESENTATIVE OF COMPASS CAPITAL MANAGEMENT, LLC, A REGISTERED INVESTMENT ADVISOR. CAMBRIDGE AND COMPASS CAPITAL MANAGEMENT, LLC ARE NOT AFFILIATED. 215 E. CHOCTAW, SUITE 101, MCALESTER, OK 74501. CAMBRIDGE DOES NOT OFFER LEGAL AND TAX ADVICE. PLEASE CONSULT YOUR LEGAL AND TAX ADVISOR FOR SPECIFIC ESTATE AND INCOME TAX PLANNING STRATEGIES. THE INFORMATION IN THIS ARTICLE IS FOR EDUCATIONAL PURPOSES ONLY AND IS NOT INTENDED TO BE TAX ADVICE. FURTHER, YOU SHOULD NOT RELY ON THIS INFORMATION TO MAKE INVESTMENT DECISIONS.
Your Personal Financial Command Financial Command Center at Center at your your Fingertips Fingertips Your Personal
Explore our Virtual Advisor Services on our website! With secure technology, account aggregation, and virtual meetings, you can track your finances, store important documents, and make strategic decisions without ever needing to visit an office.
The Fall
Financial Huddle 10 plays to consider before the year ends: Review the Playbook — Revisit your financial plan.
Check the Scoreboard — Evaluate your year-to-date progress. Protect the Lead — Review your insurance and risk management.
Build the Bench — Strengthen your emergency reserves. Stay on Defense — Continue working toward long-term investment goals.
Update the Roster — Review beneficiaries and estate documents. Know the Goal Line — Revisit retirement and financial goals.
Finish the Season Strong — Complete important year-end financial tasks.
Finish the Year Strong Live Life by Your Design
MID-TERM ELECTION MARKET UPDATE By: Jimmy J. Williams, CPA/PFS, CFP®, CRPC®
The U.S. markets are facing tremendous pressure in 2026. Persistent volatility, tariffs applied to some of our best trading partners, and continual change in the artificial intelligence space have created a very interesting market for the United States. Global markets, as measured by the MSCI SAFE Index, have shown great improvement from that reported during the previous COVID era.
Markets and economy are two different areas of function. The markets are impacted by the companies that elect to issue bonds or stock to a population of investors for purposes of gaining capital to fund their operations. The underlying role of these investors is to supply capital to the company, and the company provides profits and returns dividends and/or interest to the investors. The investors of these funds expect reasonable returns based on an acceptable level of risk they are willing to accept.
Our economy is a different approach. The economy impacts all of us. Inflation has caused medical care, groceries, gasoline, and other necessary goods to rise to much higher costs than earnings have risen. We learned during the COVID era that rising costs would be paid for those goods that are in demand. For example, one would think with gasoline at its highest since the Carter Administration, Americans would be traveling far less, but that is the opposite of what we have found in experience. The following broad-market indices reflect a rather robust economy (as reported through August 31, 2026) on a global basis:
S&P 500 Index is
13.51% YTD
Dow Jones 30 Index is
12.58% YTD
NASDAQ Index is
14.03% YTD
MARKET INDEXES (YTD) Russell 2000 Index
20.65%
MSCI EAFE Index
15.19%
MSCI Emerging Market Index
23.99%
Most recently, the United States imposed a tariff of 50% on $20 billion worth of Canadian goods, which was then responded to by the Canadian government with retaliatory tariffs that would match the U.S. measures dollar for dollar. This continued battle of tariffs between trading partners will continue to sustain inflation in the U.S. for a protracted period of time. The current wage rate increase in the U.S. is substantially lower than the inflationary pressure that is being faced by families.
The takeaway from the above information is that it is critical for you to review your current allocation of investments based on your risk tolerance as an investor. Further, it is vital that you understand the volatility will remain in the markets for the foreseatable future and that emotions must play a lesser role in our decisions to invest for a long-term perspective. An account to maintain your liquidity for current needs, despite market volatility, will provide you with the support, emotionally as well as fiscally. that you require during times of increasing prices as well as market fluctuations.
We are honored to review or provide a complimentary consultation of your current investments to determine if you should make changes so that your family is comfortable in its approach to lifetime financial security.
Fed Chairman Kevin Warsh continues to desire that the Fed maintain its course since inflation is above the Fed's 2% objective target and that the Fed would not provide so much forward guidance that it creates issues in the marketplace.
This content was developed by Compass Capital Management, LLC from sources believed to be reliable. This content is provided for informational purposes only and should not be construed or acted upon as individualized investment advice. It should not be considered a recommendation or solicitation. Information is subject to change. Any forward-looking statements are based on assumptions, may not materialize, and are subject to revision without notice. The information in this material is not intended as tax or legal advice. Investing involves risk. Depending on the different types of investments there may be varying degrees of risk. Socially responsible investing does not guarantee any amount of success. Clients and prospective clients should be prepared to bear investment loss including loss of original principal. Indices mentioned are unmanaged and cannot be invested into directly. Past performance is not a guarantee of future results. The Dow Jones Industrial Average (DJIA) is a price-weighted index composed of 30 widely traded blue-chip U.S. common stocks. The S&P 500 is a market-cap weighted index composed of the common stocks of 500 leading companies in leading industries of the U.S. economy. The NASDAQ Composite Index is a market-value weighted index of all common stocks listed on the NASDAQ stock exchange.
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Securities offered through Cambridge Investment Research, Inc., a Broker/Dealer, Member FINRA/SIPC. Jimmy J. Williams is an Investment Advisor Representative of Compass Capital Management, LLC, a Registered Investment Advisor. Cambridge does not offer tax or legal advice. Cambridge and Compass Capital Management, LLC are not affiliated. 215 E Choctaw Suite 101, McAlester, OK 74501.
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