Apple’s Leap into AI & Succession Planning with Legacy Contacts

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On June 10th Apple hosted their biggest event of the year, World Wide Developer Conference, where they unveiled new features and shared their plan to incorporate Artificial Intelligence in their products. Their AI named “Apple Intelligence” will be available on iOS18 when it is released. This new feature will piece together information across your device and apps to make planning, communication, and everyday use more convenient. We increased exposure to Apple in client accounts leading up to the event which proved to be a positive catalyst for the stock.

Another feature that may be of use to iPhone users is adding a “Legacy Contact”. This feature allows you to add one or more of your contacts and give them access to your phone in the event you are incapacitated or pass away. This is a great way to share photos, documents, or anything else you have on your phone with a family member. Below is a step-by-step guide on how to add a Legacy Contact.

OUR TEAM

Andrew Hill

Andrew “Andy”
D. W. Hill, CFA

President and
Co-Founder

Jennifer Figurelli

Jennifer R.
Figurelli, CTFA

Managing Director
and Co-Founder

Elicha D.
Moore

Client Concierge
Representative

Sean
O'Brien

Associate
Portfolio Manager

Andrew Hill

Andrew “Andy” D. W. Hill, CFA

President & Co-Founder

Andrew (“Andy”) D.W. Hill has more than 30 years of portfolio management experience. He currently serves as the President of Andrew Hill Investment Advisors, a Naples-based boutique investment advisory firm that he co-founded in 2010 with long-time business partner Jennifer Figurelli. Since its inception, the firm has steadily grown to more than $180 million in client assets under management.

Prior to forming his own firm, Andy was a Senior Portfolio Manager and regional Chief Investment Officer with two regional Trust banks. While working at both institutions, Andy served in various nationwide investment strategy capacities, including forming asset allocation recommendations and political research.

Andy holds an MBA from Syracuse University and a Bachelor of Science degree from Canisius University and has earned the Chartered Financial Analyst (CFA) designation. He is a Past President of the Chartered Financial Analysts Society of Naples. Andy has been honored with induction into the Sigma Beta Delta International Honor Society and induction into the Canisius University DiGamma Honor Society.

Frequently interviewed by the media on the financial markets, Andy’s comments are often quoted in Investor’s Business Daily, Naples Daily News and Fort Myers News-Press. He also has appeared on CNBC and FOX.

In addition to his responsibilities with Andrew Hill Investment Advisors, Andy is a frequent speaker on sustainable investing strategies. In 2023, he was re-appointed by Governor Ron DeSantis to serve on the Big Cypress Basin Board. Andy also currently serves as officer of the Executive Finance Committee of the Greater Naples Chamber of Commerce.

Andy is married to Dr. Susan M. Liberski and they have a German Shepherd dog, “Ranger”. In his spare time, Andy enjoys spending time with family, playing hockey, fishing on his boat and relaxing at his second home in Chokoloskee, Florida.

Jennifer Figurelli

Jennifer R. Figurelli, CTFA

Co-Founder & Managing Director

Jennifer R. Figurelli, CTFA, has more than 25 years of experience in Trust and Estate Administration. She currently serves the Managing Director of Andrew Hill Investment Advisors, Inc., a Naples-based boutique investment advisory firm that she co-founded in 2010 with long-time business partner Andrew Hill. Since its inception the firm has steady grown to more than $180 million in client assets under management.

Prior to forming the firm, Jennifer was a Vice President and Senior Trust Officer with a national Trust bank. A native Floridian, Jennifer has lived in Naples since 1976. She has significant experience working with individuals who are undergoing a transition, such as retirement, death of a spouse or loved one, divorce, college expense planning, and special needs situations.

Jennifer received her Bachelor of Arts degree in Business Administration from Florida Southern College and holds a Legal Assistants Certificate from Florida Atlantic University. She is a graduate of the Florida Bankers Association Graduate Trust School and has earned the Certified Trust and Fiduciary Advisor (CTFA) designation. Figurelli also is a licensed Investment Advisor Representative in the State of Florida (Series 65).

Outside of her responsibilities with Andrew Hill Investment Advisors, Jennifer is actively involved in her community. She has volunteered with various organizations, including The David Lawrence Foundation, Youth Haven, Habitat for Humanity, Ave Maria University and St. Peter the Apostle Catholic Church. Currently, she serves on the Board of Directors for Trinity Life Foundation of Naples, Inc. and is a Committee Member for Southwest Florida Council of Boy Scouts of America in Troop 165. Jennifer also is a graduate of the Greater Naples Chamber of Commerce’s Leadership Collier Class of 2015.

Jennifer has been married to Michael Figurelli for 20 years and they have two children, Dante and Ginger, as well as a Shih-Poo dog “Popeye” and a domestic cat “Lovey “Dovey”. In her spare time, Jennifer enjoys spending as much time as possible exploring the great outdoors.

Elicha D. Moore

Client Concierge Representative

Elicha Moore joined Andrew Hill Investment Advisors in July 2017, bringing several years of professional experience to the financial firm. Most recently, she served as an office manager at Cinnabar Design. Previously, she worked as an administrative associate at Leo Jr. Landscaping, as an executive assistant at La Mer and as an administrative assistant at Taylored Food Concepts in Champaign, Illinois.

Sean graduated from Canisius University with a bachelor’s degree in Finance in 2023 and an MBA in 2024.

Sean discovered his interest in investing through the Golden Griffin Fund, a student-managed investment portfolio at Canisius. This rigorous program gives students practical experience as equity analysts and is recognized worldwide.

Sean worked part time as a Research Analyst for AHIA during his MBA year and is now the firm’s Investment Analyst. In this role, Sean conducts thorough market research on stocks and bonds for client portfolios.

In addition to the analytical work, Sean also communicates with clients and assists in the financial planning process.

WEBSITE DISCLAIMERS & DISCLOSURE

Business Continuity and Succession Plan Disclosure Statement

Andrew Hill Investment Advisors, Inc. (“AHIA”) maintains a Business Continuity and Succession Plan (“BCP”) that has been developed with the goal of protecting the health and safety of our employees and maintaining continuity of service for our clients. Our Plan is designed to ensure that we are prepared to operate through significant business disruptions, so that our clients can access their accounts without significant interruption under most circumstances.
Key elements of our BCP include the following:

  • Critical data from our computer systems is backed up daily to geographically remote, secure facilities.
  • All AHIA employees can access its computer data remotely via secure connection. If AHIA’s primary network is not accessible, AHIA maintains replicas of all files and database servers in a geographically remote disaster recovery network available to all employees over a secure connection.
  • We maintain an office evacuation plan and emergency procedures in the event of a disaster affecting our primary office facilities or surrounding area.
  • We maintain an emergency contact list and procedures updated and distributed on a regular basis.


If your account requires servicing during a significant business disruption and we are unable to assist you, please call Fidelity Investments at 1-800-523-1203 and a dedicated team member will be able to assist you. It is impossible for us to anticipate every potential problem that may occur, but we believe our BCP will enable us to conduct business in the event of a variety of possible business disruptions. We review and test our BCP at least annually and it is subject to modification based on changing circumstances and assessment of need.

As a fiduciary, AHIA has certain legal obligations, including the obligation to act in client’s best interest. AHIA seeks to avoid a disruption of service to clients in the event of an unforeseen loss of key personnel, due to disability or death. To that end, AHIA has entered into a succession agreement with The Colony Group, LLC, effective May 24, 2019. AHIA can provide additional information to any current or prospective client upon request to Andrew D.W. Hill, President at 239-777-3188 or [email protected].

Andrew Hill Investment Advisors, Inc.
Privacy Notice

Andrew Hill Investment Advisors, Inc. (“AHIA”) believes it is essential that we maintain the privacy of the nonpublic personal information provided to us and that we obtain in connection with providing our products and services to clients.  AHIA views protecting its customers’ private information as a top priority subject to the requirements of the Federal Gramm-Leach-Bliley Act.  AHIA has instituted policies and procedures to ensure that client information is kept private and secure. 

AHIA limits the use, collection, and retention of such information to what we believe is necessary or useful to conduct our business and to provide and offer clients quality products and services, as well as other opportunities that may be of interest. Information collected may include, but is not limited to name, address, telephone number, tax identification number, date of birth, employment status, annual income, and net worth. 

In providing products and services, we collect nonpublic personal information about our clients from the following sources: 

  • Information we receive from clients on applications or other forms (e.g. investment/insurance applications, new account forms, and other forms and agreements);
  • Information about client transactions with us or others (e.g. broker/dealers, clearing firms, or other chosen investment sponsors); and
  • Information we receive from consumer reporting agencies (e.g. credit bureaus), as well as other various materials we may use to put forth an appropriate recommendation, or to fill a service request.


AHIA does not disclose any nonpublic personal information about its clients or former clients to any non-affiliated third parties, except as permitted by law.  While servicing a clients’ account, AHIA may share some information with its service providers, such as transfer agents, custodians, broker-dealers, accountants and lawyers.  Additionally, we will share such information where required by legal or judicial process, such as a court order, or otherwise to the extent permitted under the federal privacy laws.  

AHIA restricts internal access to nonpublic personal information about clients to those associated persons of AHIA who need to access that information to provide services.  As emphasized above, it has always been and will always be AHIA’s policy never to sell information about current or former clients or their accounts to anyone.  It is also AHIA’s policy not to share information unless required to process a transaction, at the request of a customer, or required by law.

AHIA places strict limits on who receives specific information about client account(s) and other personally identifiable data. As a rule, we do not disclose nonpublic personal information we collect to others. However, because we rely on certain third parties for services that enable us to provide our advisory services to clients, such as our attorneys, auditors, other consultants, brokers, and custodians who, in the ordinary course of providing their services to us, may require access to information, we may share nonpublic personal information with such third parties. 

AHIA may also disclose such information to others upon a client’s written instructions.  Such written instructions may be amended, and/or rescinded at any time in writing.  If a client prefers that we not disclose confidential personal information about them to non-affiliated third parties who provide a product or service that we feel would benefit them, the client may direct us not to make disclosures to such non-affiliated third parties via an opt-out provision.  We restrict access to nonpublic personal information about clients to those persons associated with AHIA, who need access to such information in order to provide our products or services to clients.  We maintain physical, electronic, and procedural safeguards that comply with federal standards to guard clients’ nonpublic personal information. If a client decides to close his/her account(s) or become an inactive customer, we will adhere to the privacy policies and practices as described in this notice. 

AHIA reserves the right to change these Privacy Principles, and any of the policies or procedures described above, at any time without prior notice. However, clients will be promptly provided with a current copy of our privacy notice upon material changes or upon request.  Active clients will receive a current copy of our privacy notice at least annually. These Privacy Principles are for general guidance and do not constitute a contract or create legal rights, and do not modify or amend any agreements.   If you have questions about this privacy policy, or if you wish to amend or rescind your written instructions with us at any time, please call us at (239) 777-3188.