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A Personalized Approach to Your Finances

Bigger isn't always better—especially when it comes to receiving the personalized attention you want with your investment portfolio. In today’s busy and fast-paced environment, it is easy to feel lost in the shuffle when working with the financial giants. We offer an alternative.

LaSalle St. Securities, LLC,* and First Minnetonka City Bank, through the First Minnetonka Investment Center (FMIC), offers the entire spectrum of financial, investment and banking products and services. What sets us apart? We go a step further to provide personal attention not available anywhere else.

Let FMIC assist you with your investment needs.

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At A Glance What’s New

Summer 2014 Money at Work

Psst...the backdoor route to a Roth IRA
High earners who can't contribute to a Roth have another way in. Read More >>

Five ways to reduce new surtax
Certain high-income investors may be liable for a new 3.8% Medicare surtax on investment income in 2013. Unlike other tax changes in the American Taxpayer Relief Act of 2012 (ATRA) taking effect this year, this provision was part of the Patient Protection and Affordable Care Act of 2010 (PPACA). With some astute planning, you may be able to reduce the surtax you owe in 2013, or even eliminate it. Read More >>

Retirement savings: beauty before age
At what age should you start saving for retirement?   The easy answer: whatever age you are right now.  It is neither too early nor generally too late to begin, although the manner and method of savings will likely vary, depending on your stage of life. Here is a snapshot of what it may look like at different times. Read More >>

A bounce-back for charitable rollovers
Once again, time appears to be running out on a unique estate planning strategy for retirees.  Under a special tax law provision, an individual aged 70½ or older can transfer funds directly from an IRA to a qualified charitable organization while paying zero tax on the distribution.  Such a “charitable rollover” also counts as a required minimum distribution (RMD) for tax purposes. Read More >>

Don’t make the same investment mistakes
We all make mistakes, but some of them turn out to be worse than others.  For instance, the types of errors you might commit as an investor could haunt you for years, dramatically affecting your lifestyle. Read More >>

New Law Includes  Pension  Law Changes
Congress was able to agree on one significant “retirement planning” law prior to the November election.

Will Working Longer Help—or Hinder—Your Social Security Benefit?
Continued earnings could increase your Social Security benefit depending on your situation. One thing is for sure: working part-time at reduced pay will never cause your benefit to go down.

When to Apply for Social Security Benefits
With the demise of guaranteed pensions, and in light of the risks you face in managing your own retirement assets, maximizing Social Security becomes a critical part of retirement planning

Q&A: Outlook for U.S. Markets
Economist Darrell Spence discusses his outlook for the U.S. economy and financial markets.

Q&A: Outlook for Fed Policy
Economist Benson Durham discusses the prospects for the Federal Reserve to taper its bond purchasing program, the importance of housing market recovery and the long-term legacy of central bank intervention.

Q&A: Outlook on Interest Rates and the Economy
Portfolio Manager John Smet discusses whether interest rates are set to rise as the U.S. economy shows signs of improvement and whether investors should stay invested in bonds.

Recapping Our Beginning-of-Year Calls
Stocks capped off a strong first quarter by closing at record highs. After coming close several times in the past few weeks, the S&P 500 Index gained 0.8% last week to close at 1,569, surpassing the pre-credit-crisis 1,565 record from 2007. The Dow Jones Industrial Average gained 0.5% to yet another new high of 14,578 and the Nasdaq Composite rose 0.7% to a one-year high of 3,267. In fixed income markets, Treasury yields continued to fall (as prices correspondingly rose), with the 10-year yield dropping from 1.93% to 1.85%. Read More >>

More Recent Articles >>

Investing involves risks, including the potential for principal loss. Diversification and asset allocation do not assure a profit or guarantee against loss.

Bank Among Friends
First Minnetonka City Bank
First Minnetonka Investment Center is a registered branch of LaSalle St. Securities, LLC.
Securities are offered through LaSalle St. Securities, LLC., Advisory Services offered through LaSalle St. Investment Advisors, LLC.
 LaSalle St. Investment Advisors, LLC is affiliated with LaSalle St. Securities, LLC.- a registered broker/dealer.
Tam Hubert, CFP® and Kristi Remus are registered representatives of LaSalle St. Securities, LLC.
940 N Industrial Dr., Elmhurst, IL 60126-1131. Member FINRA / SIPC. Not a deposit. Not FDIC insured.
Not insured by any Federal Government agency. Not guaranteed by the bank. May lose value.

The Fair Housing Act prohibits discrimination in housing because of:


Enforce the Fair Housing Act and other civil rights laws to ensure the right of equal housing opportunity and free and fair housing choice without discrimination based on race, color, religion, sex, national origin, disability or family composition.

Major Goals

1. Reduce discrimination in housing by doubling the Title VIII case load by the end of 2000 through aggressive enforcement of civil rights and fair housing laws;

2. Promote geographic mobility for low-income and minority households;

3. Integrate fair housing plans into HUD's Consolidated Plans;

4. Further fair housing in other relevant programs of the Federal government; and

5. Promote substantial equivalency among state, local and community organizations involved in providing housing.