Perspective on this week’s market events

It looks like the U.S. stock market will finally get something that happens, on average, about once a year: a 10+% percent drop — the definition of a market correction. The last time this happened was a whopper—the Great Recession drop that caused U.S. stocks to drop more than 50% — so most people probably […]

Equifax data breach: What you need to know

On Friday, Equifax, one of the major credit reporting bureaus, issued a press release announcing that on July 29, it had discovered “unauthorized access” to data belonging to as many as 143 million U.S. consumers. We have compiled some information that we hope may help you understand what happened and what to do next. As […]

Decline in oil prices had the greatest impact on the market last quarter

As we look back at the second quarter, several events — political and otherwise — affected the markets.

Boost retirement benefits with a cash balance plan

Business owners may not be able to set aside as much as they would like in tax-advantaged retirement plans. Typically, owners are older and more highly compensated than their employees, but restrictions on contributions to 401(k) and profit-sharing plans can hamper retirement-planning efforts. One solution may be a cash balance plan.

William Braddy earns prestigious CEPA designation from Exit Planning Institute

William Braddy, CFP®, a wealth manager with Kraft Asset Management, LLC, has earned the prestigious Certified Exit Planning Advisor (CEPA) designation after completing the Exit Planning Institute’s intensive program. William joins an elite group of business advisors worldwide who have received this designation. Dana Holmes, CEO of our affiliate, 2nd Generation Capital, LLC, also earned the CEPA designation earlier this year.

Do you have these critical legal documents?

Planning for your death is not the most enjoyable process. Unfortunately, bad things can happen if you don’t. One never knows when tragedy will strike; when it happens, it’s too late to start planning. Getting your affairs in order is advisable for everyone.

The rules of prudent investing

The following rules can help investors build and adhere to a well-designed investment plan. These guidelines may be instrumental in giving investors the best chance of achieving their financial goals.

What insights can we gain from our look back at 2016?

The reality is that no one has any idea what new and unforeseeable circumstances are in store for us in 2017 and beyond.

Take the opportunity to live well

Of the new year, celebrated Victorian poet Alfred Lord Tennyson said, “Ring out the false; ring in the true.” So in that spirit, we pose two questions: 1) Do you feel wealthy? 2) Do you feel “well-thy”?

Take steps to move toward your ideal life

If you suddenly received $10 million and the diagnosis that you had only 10 years to live, what would you start doing? What would you stop doing?