Cathy C. Miller
Cathy’s passion for helping others in their financial lives began when, at age 23, she lost her mother to a drunk driver. As she watched her father struggle to understand and take over the family finances while dealing with the loss of his life partner, she realized what a difference a financial advisor would have made in her family’s life. She dedicated herself to helping clients capitalize on the good times and deftly navigate the bad. She realizes life’s journey isn’t always a smooth one, but is committed to working hand in hand with her clients to make their life’s journey richer.
Cathy’s commitment to her clients and profession has earned her a loyal clientele and recognition locally, regionally and nationally. Co-founder of Atlanta Financial in 1992, she was recently named as a multi-year recipient of the Women’s Choice Award® for Financial Advisors*, a distinction given to a select number of advisors in Georgia and across the nation. Additionally, she has been recognized as a multi-year Five Star Professional Wealth Manager.**
Throughout her career, Cathy has been featured locally and nationally in print and television media as a thought leader on a variety of important financial and economic topics. Most recently she was featured in The Wall Street Journal in the “Women in Wealth” section, and she has appeared in Atlanta Magazine and The Atlanta Journal Constitution and on Channel 2’s “Family to Family.”
Cathy has a special passion for developing leadership opportunities for young women. In support of that, she is currently the Treasurer and serves on the Board and Executive Committee of Girl Scouts of Greater Atlanta, and is an enthusiastic participant in Girl Scouts’ Camp CEO, which partners C-suite women as mentors with high school girls. She has also been active in working to further educational opportunities for young people in Atlanta as a past Treasurer and Vice President of the Atlanta alumni chapter for her alma mater, The College of William and Mary. Previously, she has also helped develop opportunities for higher education for student-athletes as fundraising chair for A5 Volleyball Club and for the Hi5 Scholarship Fund.
Cathy began her career in the financial services industry in commercial and private banking for a major regional bank. She then discovered her true passion and embarked on her career in wealth management. She has earned her CERTIFIED FINANCIAL PLANNER™ certification, Chartered Retirement Plans Specialist (CRPS®) designation, and Certified Divorce Financial Analyst (CDFA) designation.
Cathy graduated magna cum laude and Phi Beta Kappa from The College of William & Mary. She then attended the University of North Carolina at Chapel Hill, where she earned a Master of Business Administration (MBA) while graduating second in her class.
*The Women’s Choice Award® Financial Advisor program was created by WomenCertified Inc., the Voice of Women, in an effort to help women make smart financial choices. The Women’s Choice Award Financial Program is based on 17 objective criteria associated with providing quality service to women clients, such as credentials, experience, and a favorable regulatory history, among other factors. Financial advisors do not pay a fee to be considered or placed on the final list of Women’s Choice Award Financial Advisors, though they may have paid a basic program fee to cover the cost of their client survey. The inclusion of a financial advisor within the Women’s Choice Award Financial Advisor network should not be construed as an endorsement of the financial advisor by WomenCertified Inc. or its partners and affiliates and is no guarantee as to future investment success. Women’s Choice Award® Financial Advisors and Firms represent less than 1% of financial advisors in the U.S. As of January 2018, of the 848 considered for the Women’s Choice Award, 145 were named Women’s Choice Award Financial Advisors/Firms. For more information, please visit http://www.womenschoiceaward.com/.
**Based on 10 objective eligibility and evaluation criteria, including a minimum of 5 years as an active credentialed financial professional, favorable regulatory and complaint history, accepts new clients, client retention rates, client assets administered, education, and professional designations. In 2018, 3,248 Atlanta wealth managers were considered for the award; 287 (9 percent of candidates) were named 2018 Five Star Wealth Managers. These awards are not indicative of the wealth manager’s future performance. Your experiences may vary. For more information, please visit. www.fivestarprofessional.com.
The Election is finally over (at least mostly), and we are busy analyzing the outcomes of the Presidential and Congressional races and the possible impact on policy, the economy, the markets and your finances. Rest assured we are gathering the latest thoughts of economists, strategists and money managers, and evaluating whether any changes might be required in our planning work with clients or our management of your portfolio. In the meantime, we thought you might find the following Q&A about the election results interesting and informative.
Medicare’s open enrollment period happens once a year between October 15 and December 7. During this time, current Medicare beneficiaries have the option to adjust their coverage for the coming year. This can be a useful option for those who may have recently changed medication, underutilized their current coverage or found they could use additional benefits.
Those following the stock market may realize that the S&P 500 hit a new all-time high on 9/2, building on the August 18th high which wiped out all its losses from the coronavirus sell-off, and surpassing the previous high of February 19th. However, a CNBC analysis shows that many stocks have yet to climb back to their prior levels. For example, between the prior market high on February 19th and August 18th, when the market first surpassed the previous high, 38% of stocks in the index made gains while the remaining 62% were still negative.
As of July 30, the national average rate for a 30-year mortgage has fallen to 2.99%, with an average of 0.8 points paid, while 15-year fixed rates have fallen even further with an average of 2.51% and .7 points paid, according to data from Freddie Mac.1 Mortgage rates have plunged to the lowest levels in decades, and continue to remain near historic lows, driving purchase demand over 20 percent above a year ago. Real estate is one of the bright spots in the economy, with strong demand and modest slowdown in home prices heading into the late summer. Home sales should remain strong the next few months into the fall.
During times of market turmoil and economic uncertainty, its tempting to focus exclusively on risk – risk to your portfolio, your income and your plans for the future. And making sure your portfolio is aligned with your appetite for risk and with your time horizon for investing is critical. But focusing exclusively on the risk of losing money can lead investors to overlook the opportunities market declines may bring. Baron Rothschild, an 18th-century British nobleman and member of the renowned Rothschild banking family, is famously credited with saying that “the time to buy is when there’s blood in the streets.” He took his own advice and made a fortune in the panic that followed the Battle of Waterloo against Napoleon.
Are you an investor who was planning to retire in the next ten years? Do the current market conditions make you fearful for your future? The recent decline in domestic and global markets has been undeniably rough for investors, especially those nearing retirement. Our 11-year bull market run came to an end in March when all major domestic indices dropped dramatically in one of the swiftest declines into a bear market we have seen. Although the markets have since recovered from those bottoms very significantly, uncertainty abounds due to the ongoing global pandemic. It is only natural to be concerned about how to approach retirement against a background of such uncertainty and volatility.