Taxes are usually due by April 15th; however, the deadline has been extended because April 15, 2016 is Emancipation Day in Washington, DC. Given that April 15, 2016 is a Friday, the next business day, and the day taxes are now due, is April 18, 2016. Additionally, due to Patriots Day, Residents of Maine and Massachusetts have until April 19, 2016 to file taxes.

We would like to introduce Erica Crane, Paraplanner and newest member of the ACap Asset Management team. Ms. Crane comes to ACap with significant experience in asset management and administration, and she is already proving to be an excellent addition to our ACap family. Erica will be working closely with both Ara and Matt to continue to provide excellent service to our clients.

We are asked this question often not only by clients, but those who reach out to us for our expertise on student loans. While there is not a simple answer to this question, for the purposes of the ReCap, here are the basics. If you have federal loans (either subsidized or unsubsidized), it almost never makes sense to consolidate with a private lender like Sofi. Why? Because when you refinance your loan with a private lender such as Sofi, you are disqualifying yourself from generous public service loan programs, income based repayment programs (i.e. IBR, PAYE, or ICR), or more importantly, flexibility if you encounter financial hardship.

Recently, I read an article in The Wall Street Journal wherein a financial advisor gave advice to a physician (who is not the adviser's client) dealing with medical school debt. This is a very important and relatable topic for many of our physician clients, and as such, we spend quite a lot of time advising on student loans based on each client's individual circumstances. There is no one-size-fits all advice for managing student loans despite what the article may present. Have a read for yourself and then read my comments to the article below.