Thiesen Dueker Group 

Happy Summer!

In our Extra Point eUpdate, we like to share both financial planning information and bring you news about our community involvement, which is so important to us. This has been a busy quarter for our team with the events we sponsor, support and join. We thank those who stick by us and read all of the things we are excited about. When our locally owned and independent firm began, one of our main missions was to reinvest our own growth within our own community. We urge our team to be involved in the community as well.

We were proud to give support once again as a corporate sponsor of Valley Public Radio's 31st Annual Wine Tasting Event in May. Jason Link, Associate and LPL Financial Consultant, has served on the committee for VPR for some time. If you enjoy wine and live music, mark your calendar for May 1st, 2016 to attend.

As a longtime supporter of Children's Hospital Adaptive Sports program, we were off to the races supporting the La Feliz Guilds' Derby Down at the Fresno Fairgrounds. The Derby Down is a wonderful day filled with Mint Juleps, big hats and the Kentucky Derby on the big screen. Consider attending this event next year in support of the health and welfare of our valley's children.

Friendly Competition...

Who doesn't love a friendly game of softball against some local wire houses? With an attitude to only have a fun time with our team, Thiesen Dueker not only beat SmithBarney-Morgan Stanley but we also beat Wells Fargo Advisors in our second game and became the champions of the first Softball Tournament sponsored by Rick Johnson with First Trust Portfolios. We can't wait for next year!


Care Fresno in Santa Cruz...

Care Fresno, one of our favorite local charities to be involved with, provides daily after-school tutoring, mentoring and sports programs for at-risk youth. Enlisting the help of local churches, the Care Fresno team uses the theory of urban missions, turning apartments in high-crime areas into safer places to live. The Churches do not simply adopt a neighborhood, but they actually move Christian Leaders into these communities to serve and live alongside those they're mentoring.  As an incentive for the kids to do well in school, the Thiesen Dueker Staff, joined forces with ten of Care Fresno's leaders and chaperoned 60 kids, ages 9-12 years old, on a trip to the Santa Cruz Beach Boardwalk. We got to share a day of rides, sand, pizza and lots of smiles!

Charity Golf...

On Monday, June 22nd, blessed with tolerable summer temperatures, we held our 8th Annual Thiesen Dueker Charity Golf Tournament and it was our biggest and most successful tournament yet! We are truly thankful to our clients, tee sponsors and friends for joining us at our biggest event. In addition to a fun day on the course at Sunnyside Country Club, the primary goal of our tournament is to raise funds for some incredibly deserving and effective local charities: Care Fresno, Fresno Police Activities League and Valley Children's Hospital Adaptive Sports Program.  We had an ambitious goal this year and without your help and generous donations, we would not have surpassed it. So many children in our communities will benefit from these donations. Thiesen Dueker gladly covered the cost of green fees, carts, food and drinks for over 200 golfers!!  We simply asked that each golfer make a donation for the charities we have chosen. We couldn't have been happier with the turn out and success of this years' event. We hope you can all join us next year!

The Psychology of Saving

How many households have the right outlook to build wealth?


Provided by Thiesen Dueker Group


Why do some households save more than others? Building household savings may depend not only on cash flow, but also on psychology. With the right outlook, saving becomes a commitment. With a less positive outlook, it becomes a task - and tasks and chores are often postponed.


Financially speaking, saving is winning. Sometimes that lesson is lost, however. To some people, saving feels like losing - "losing" money that could be spent. So assert Ellen Rogin and Lisa Kueng, authors of a recently published book entitled Picture Your Prosperity: Smart Money Moves to Turn Your Vision into Reality. They cite a perceptual difference. If people are asked if they can save 20% of their income, the answer may be a resounding "no" - but if they are asked if they can live on 80% of their income, that may seem reasonable.1


There may be a gap between perception & behavior. Since 2001, Gallup has asked Americans a poll question: "Thinking about money for a moment, are you the type of person who more enjoys spending money or more enjoys saving money?"2


While more respondents have chosen "saving money" over "spending money" in every year the poll has been conducted, the difference in the responses never exceeded 5% from 2001-06. It hit 9% in 2009, and has been 18% or greater ever since. In 2014, 62% of respondents indicated they preferred to save instead of spend, with only 34% of respondents preferring spending.2


So are we a nation of good savers? Not to the degree that these poll results might suggest. The most recently available Commerce Department data (January 2015) shows the average personal savings rate at 5.5% - a percentage point higher than two years ago, but subpar historically. During the 1970s, the personal savings rate averaged 11.8%; in the 1990s, it averaged 6.7%.2,3


What reminders or actions might help people save more? Automated retirement plan contributions can assist the growth of savings, and are a means of paying oneself first. There is the envelope system, wherein a household divides its paycheck into figurative (or literal) envelopes, assigning X dollars per month to different packets representing different budget categories. When the envelopes are empty, you can spend no more. The psychology is never to empty the envelopes, of course - leaving a little aside each month that can be saved. Households take an incremental approach: they start by saving one or two cents of every dollar they make, then gradually increase that percentage, household expenses permitting.


Frugality may help as well. A decision to live on 70% or 80% of household income frees up some dollars for saving. Another route to building a nest egg is to invest (or at least save) the accumulated consumer savings you realize at the mall, the supermarket, the recycling center - even pocket change amassed over time.


How many households budget like businesses? Perhaps more should. A business owner, manager, or executive may realize savings through this approach. Take it line item by line item: spending $20 less each week at the supermarket translates to $1,040 saved annually.


Working with financial professionals may encourage greater savings. A 2014 study on workplace retirement plan participation from Natixis Global Asset Management had a couple of details affirming this. While employees who chose to go without input from a financial professional contributed an average of 7.8% of their incomes to their retirement plan accounts, employees who sought such input contributed an average of 9.5%. The study also learned that 74% of the employees who had turned to financial professionals understood how much money their accounts needed to amass for retirement, compared to 54% of employees not seeking such help.4


Saving money should make anyone feel great. It means effectively "paying yourself" or at least building up cash on hand. A household with a save-first financial approach may find itself making progress toward near-term and long-term money goals.

This material was prepared by MarketingPro, Inc., and does not necessarily represent the views of the presenting party, nor their affiliates. This information has been derived from sources believed to be accurate. Please note - investing involves risk, and past performance is no guarantee of future results. The publisher is not engaged in rendering legal, accounting or other professional services. If assistance is needed, the reader is advised to engage the services of a competent professional. This information should not be construed as investment, tax or legal advice and may not be relied on for the purpose of avoiding any Federal tax penalty. This is neither a solicitation nor recommendation to purchase or sell any investment or insurance product or service, and should not be relied upon as such. All indices are unmanaged and are not illustrative of any particular investment. 


1 - [1/27/15]

2 - [4/21/14]

3 - [3/2/15]

4 - [9/6/14]


July 23rd 

Planning for Healthcare in Retirement Seminar - Fresno Office

August 13th 

Estate Planning Seminar - Fresno Office

September 3rd 

Fresno State Football Home Game

September 19th 

Fresno State Football Game - TD Group Client Appreciation Tailgate  

September 22nd 
Visit TD Group at the Central California Women's Conference

Market Stats As Of 
July 8, 2015
Dow Jones  -1.47%
Nasdaq  -1.75% 
US Treasury Yield
Last Yld
3 mo.0.01%
5 yr.1.49%
10 yr.2.21%
30 yr.2.99%


Meet Layla Murphy-Long

Layla has come on board with the Thiesen Dueker Group after 9 years advancing through several positions in the banking industry. She prides herself in excellent customer service skills and is a tremendous asset to the clients she serves and the team at Thiesen Dueker. Always striving for individual growth, Layla is excited to build great partnerships with the advisors and clients as well as our team. She is passionate about her family and often spends time with her husband, Thomas and their children, Mason and Marley while at the lake on their family's boat. Layla brings a fun and positive attitude each and every day. Welcome Layla!

Jeff Thiesen
Partner & LPL Financial Consultant

Lance Dueker
Partner & LPL Financial Consultant

David Johnston
Partner & LPL Financial Consultant

Jasin Carlen
Partner & LPL Financial Consultant

Tom Fife
Partner & LPL Financial Consultant

Holly Bare
Associate & Retirement Plan Consultant

Thomas Frost
Associate & LPL Financial Consultant

Jason Link
Associate & LPL Financial Consultant

Brian Nunes
Associate & LPL Financial Consultant

Ronald Young
Associate & LPL Financial Consultant

Ryan Purkiss
Associate & LPL Financial Consultant

Michael Muhareb
Associate & LPL Finanical Consultant

Tom Morgan
Associate & LPL Financial Consultant

Stephen Spach
Associate & LPL Financial Consultant

Vince Mastro
Associate & LPLWealth Advisor 

Tuan Tran
Associate & LPL Financial Consultant

Kimberly Choi-Lindley
LPL Registered Client Services Associate

Jamie Davis
LPL Registered Client Services Associate

Tess Ward
Client Services Associate

Maday Diaz
Client Services Associate

Diana Kliewer
Client Services Associate

Rebeka Leighton
Client Services Associate

Carol Matalon
Client Services Associate

Layla Murphy-Long
Client Services Associate

Shaley Reagan
Retirement Plan Services Assistant

Tammie Sitton
LPL Client Services Associate

Te Shardlow
LPL Director of Operations

Brooke Simmons
Chief Compliance Officer
LPL Financial Consultant

Shannon Stewart
Director of Marketing Communications



 Retirement Planning
  • Traditional/Roth IRAs
  • Simple/SEP IRAs
  • IRA Rollovers and     IRA Consolidations
  • 401(k), 403(b), Profit Sharing and Defined Benefit Plans
  • Income Distributions and RMDs
Financial Strategies
  • Comprehensive and Modular Financial Plans
  • Risk and Insurance Analysis
  • Wealth Accumulation and Income Planning
  • Personal, Family and Charitable Trusts
  • Private Trust Services* 
Investment Management
  • Asset Allocation Modeling
  • Investment Manager Search and Selection
  • Performance Monitoring
  • Institutional Research

 Educational Funding

  • 529 Plans
  • Education Savings Accounts
  • Custodial Accounts

 Investment options and tools

  • CDs and Money Market Funds
  • Tax-advantaged Municipal and Treasury Bonds
  • Domestic and Foreign Stock and Bonds
  • Mutual Funds, Unit Trusts and ETFs
  • Fixed and Variable Annuities
  • Insurance - Life, Long-Term Care and Health
  • Alternative Investments - REITs

 *LPL Financial representatives offer access to trust services through The Private Trust Company N.A., an affiliate of LPL Financial.  

Do You Know Who Your Beneficiaries Are?

Why you should periodically review beneficiary designations.


Your choices may need to change with the times. When did you open your first IRA? When did you buy your life insurance policy? Are you still living in the same home and working at the same job as you did back then? Have your priorities changed a bit - perhaps more than a bit?


While your beneficiary choices may seem obvious and rock-solid when you initially make them, time has a way of altering things. In a stretch of five or ten years, some major changes can occur in your life - and they may warrant changes in your beneficiary decisions. In fact, you might want to review them annually.


How your choices affect your loved ones. The beneficiary of your IRA, annuity, 401(k) or life insurance policy may be your spouse, your child, maybe another loved one or maybe even an institution. Many people do not realize that beneficiary designations take priority over bequests made in a will or living trust. Naming a beneficiary helps to keep assets out of probate when you pass away.


You may have even chosen the "smartest financial mind" in your family as your beneficiary, thinking that he or she has the knowledge to carry out your financial wishes in the event of your death. But what if this person passes away before you do? What if you change your mind about the way you want your assets distributed, and are unable to communicate your intentions in time? And what if he or she inherits tax problems as a result of receiving your assets?


Are your beneficiary designations up to date? Don't assume. Don't guess. Make sure your assets are set to transfer to the people or institutions you prefer. If you're not certain you understand all the possible ramifications of your selections, you may want to reach out to a qualified Financial Professional for guidance.


This material was prepared by MarketingLibrary.Net Inc., and does not necessarily represent the views of the presenting party, nor their affiliates. This information should not be construed as investment, tax or legal advice. All information is believed to be from reliable sources; however, we make no representation as to its completeness or accuracy. 


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The Financial Consultants at Thiesen Dueker Group are also registered representatives with, and securities and advisory services offered through LPL Financial, a Registered Investment Advisor, Member FINRA/SIPC