Shining Sea Private Wealth

Shining Sea Private Wealth

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Securities offered through Raymond James Financial Services, Inc., member FINRA/SIPC.

Investment advisory services are offered through Raymond James Financial Services Advisors, Inc. Shining Sea Private Wealth is not a registered broker/dealer and is independent of Raymond James Financial Services. Please follow this link to Important Disclosure Information: http://raymondjames.com/smicd.htm

09/07/2026

At Raymond James, relationships are the foundation of everything we do. From first conversations to lasting partnerships, we're proud to support advisors who put clients first. That's the power of personal.
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Florida property tax vote: impact on municipal bonds 08/05/2026

Worth a read. Florida tax reform analysis from a leading municipal bond manager.

https://bit.ly/4fQslVp

My take: big savings for homeowners under 1m value. Big issue for counties - cities where prices are lower - mostly residential - however this doesn’t address the past spending increases being disproportionate to the population growth. Potential negative impact on affected places borrowing costs. It also doesn’t affect the ability to increase the mill rate - which would be likely course of action if spending cuts don’t happen. So you get an exemption up to $250,000 but the remaining value could end of being taxed higher, but it has to be voted on publicly by elected officials.

Ameriprise Financial, Inc. and its affiliates do not provide tax or legal advice. Consumers should consult with their tax advisor or attorney regarding their specific situation.

Florida property tax vote: impact on municipal bonds Florida's property tax reform may cut $8.4B in local revenues. See how homestead exemption changes impact municipal bonds and budgets. Get Nuveen's analysis.

06/09/2026

A growing disconnect between two market forces — AI and consumers — may test the recent stock rally. Ameriprise Financial Chief Market Strategist Anthony Saglimbene explains this widening divide and how it could become a key risk for markets going forward.

05/25/2026

This Memorial Day, we remember those who gave their lives in service to our country.

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