Plunging Oil Prices Deepen Market Fears

It is ironic that we share this update on the exact same day that the Bear Market attributable to the Great Financial Crisis reached its very own bottom 11 years ago. Earlier this morning, the selling pressure in stocks was intense enough to trigger a 15-minute trading halt after the market’s open. To most everyone engaged… Read more »

2019 Tax Season Reminders

As we prepare for the upcoming tax season here are a few reminders. 1099 Delivery Reminders • Realized gain/loss (cost basis) and IRA distribution details are included on your 1099 tax documents coming directly from TD Ameritrade. Please provide your 1099s to your tax professional for preparing your 2019 tax return. • Clients who have… Read more »

Impact Investing

The impact of climate change recently dominated January’s World Economic Forum in Davos, Switzerland. Increasingly, more and more investors are choosing to align their money with their values to influence corporations to halt business practices believed to damage the planet, as well as improve economic diversity to ensure a wide range of voices are heard… Read more »

Executive Corner

I think it is fair to say that March 2020 brings a whole new meaning to “March Madness,” specifically with the significant moves we are seeing within the markets. Our goal is always to be as proactive as possible with our communications, especially in environments saturated with health threats like coronavirus, as well as election year… Read more »

Economic & Market Update

The impact of the coronavirus has made for some heart-racing moments in financial markets over the last couple of weeks. But let’s take a quick step back for perspective. Investors greeted the new year with a surge in optimism due to the “Phase One” U.S.-China trade deal, falling Mideast tensions, a strong jobs report, and… Read more »

Market Update – S&P 500 in Correction Territory

In a recent round of investor risk aversion, the S&P 500 logged its worst weekly decline since the Great Financial Crisis. The market has officially entered correction territory (10+% decline) as the worldwide spread of the coronavirus has stoked investor fears that economic growth and profits will take a substantial blow in the quarters ahead. This… Read more »

Virus Uncertainty Impacts Markets

Financial markets experienced their sharpest decline in over two years yesterday, with the S&P 500 and oil prices falling 3.4% and 3.8%, respectively.  Meanwhile, 10-year U.S. government bond yields fell to their lowest level since 2016 and the price of another safe-haven asset, gold, reached a seven-year high. The cause for the short-term correction appears… Read more »

Tips for the financial aid process

For many families with seniors in high school, this time of year is the beginning of college decision time! While it is an exciting time for the student, it can also be a large financial decision for the family. Whether you have kids heading to school next fall for the first time or kids currently… Read more »

Five Things to Know About the New SECURE Act

The SECURE Act (Setting Every Community Up for Retirement Enhancement) became effective on January 1, 2020, and it could have a significant impact on your retirement asset distributions and taxes paid on those distributions. Here are the top five things to know about the SECURE Act: The act increased the required minimum distribution (RMD) age… Read more »