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Latest News

–Staff photo by Treva Lind

Using clients' values to guide wealth-related advice

Loran Graham Co. here asks clients to align goals, retirement, family legacy
December 5, 2013
Treva Lind
Spokane-based financial planner Loran Graham says he approaches the retirement and wealth management goals of his clients by asking them what they value most. Common themes are time with family and community service, he says. "You can tell what's import
Read More

Despite some pessimism, investors should be bullish on '14

Look for sectors that do well in recovering times, steer clear of gold market
December 5, 2013
Michael Maehl
"There are only two kinds of forecasters-those who don't know, and those who don't know they don't know." - John Kenneth Galbraith, economist Yes, it's that time of year-when Wall Street starts putting out projections for the market year to com
Read More

'Family bank' shown to hurt plans to retire

Many who provide money to relatives say they don't factor that into expenses
December 5, 2013
Staff Report
During the last five years, roughly three out of five Americans age 50 and older have provided financial assistance to members of their family, including adult children, parents, grandchildren, siblings, or other relatives, says a Merrill Lynch study rele
Read More
–Staff photo by Mike McLean

Incapacitation strategy said to be key to wealth management

Power of attorney, asset transfer useful to qualify for Medicaid assistance
December 5, 2013
Mike McLean
An incapacitation plan can help protect family assets if one spouse loses the ability to make financial and health-care decisions due to conditions such as Alzheimer's disease or severe stroke, which are among the top causes of disability for older people
Read More
–Staff photo by Katie Ross

Preparing wills still not high priority for many, experts here say here say

Contributing influences include youth culture, procrastination
December 5, 2013
Katie Ross
Planning for death is still proving to be a challenge for many adults across the nation and here in Spokane, say elder law and estate planning attorney Lynn St. Louis and financial planner Paul Viren. St. Louis and Viren both say they see many adults pro
Read More

Wheel Sport plans second South Hill shop

Sterling Square store will be largest outlet in home-grown chain
December 5, 2013
Mike McLean
Wheel Sport Inc., the Spokane-based bicycle sales and service chain, has leased 7,700 square feet of floor space in the Sterling Square retail center on the South Hill, where it plans to open its fourth and largest shop, says Mic Woodruff, Wheel Sport's g
Read More

New owner now operating car wash on Monroe Street

Fresh paint, upgraded lighting, security cameras among upgrades at site
December 5, 2013
Mike McLean
K&J Properties C LLC, of Medical Lake, has bought the property and other assets of the former Bob-O-Lyn Car Wash, at 3121 N. Monroe, and the facility has been improved and renamed Monroe Street Power Wash., says John Hilzendeger, a principal in K&J. Monr
Read More

Small Business Watch

-
December 5, 2013
Staff Report

Don't let big terminal get derailed

-
December 5, 2013
Guest Commentary
Recently, I sat down with members of Greater Spokane Incorporated, the Spokane City Council, the Legislature, and local labor organizations to talk about two things that we all agree are important to Spokane: jobs and agriculture. The reason I visited
Read More

Lemon Ice women's clothing store debuts in Spokane Valley

–
December 5, 2013
Staff Report
A Salt Lake City-based apparel retailer has opened its first store in a new division of women's fashion outlets, named Lemon Ice, in the bottom level of the Spokane Valley Mall, near the Sears store there. The parent company, DownEast, which also operat
Read More
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