What you need to know about the Department of Labor 
fiduciary rule

On April 6, the Department of Labor (DOL) published the final version of the conflict of interest rule it proposed in April 2015. The new regulations require those who advise on retirement savings plans to adhere to the “fiduciary standard” that our firm has long held dear. Because we’ve always been fiduciaries, these regulations won’t […]

Fight the urge to act out of fear

With all that happened this past quarter, the financial media had plenty of opportunity to cause investors anxiety and foster an environment of fear. The market rebounded from its August correction, but then proceeded to erase its gains for the year. In December, the Federal Reserve finally decided to raise interest rates, ending months of […]

What you need to know about the Fed’s move to raise interest rates

So the Fed has finally decided to raise interest rates, ending months of rampant speculation. Director of Fixed Income Brian Haywood covers the why, what and how of the Fed’s rate hike, plus what you should do about it. Short answer? Nothing.

Budget act eliminates strategies for maximizing Social Security payout

Did you know that the Bipartisan Budget Act of 2015 contains a provision that can significantly affect the retirement planning of many Americans, likely costing them thousands of dollars in Social Security benefits? The provision eliminates two strategies that many married couples have used to maximize Social Security benefits. Some couples, however, may be able […]

Ride out market downturns

Two stories dominated the financial news last quarter — the stock market’s August volatility and the Fed’s September meeting on interest rates. Investors were bombarded on a daily, sometimes even hourly, basis with anxiety-producing commentary about the state of the markets and the impact of the Federal Open Market Committee’s weighty decision. Worry can be […]

Retirement planning mistakes to avoid

Life is all about balance. You want to enjoy life along the way, but it’s vital to set aside resources for what lies ahead. Mistakes made in preparation for your retirement years can be particularly damaging since you may not have the necessary time horizon to correct them. This article discusses several retirement mistakes to avoid so you can maximize the enjoyment of your twilight years.

What is a market “correction” and how should you react to the current market volatility?

Over the past several weeks, the markets have taken us on a roller coaster ride that we have not experienced in the past few years. Many people become concerned when they see, or think, that markets are going in the wrong direction. What we have seen during the last few days is commonly referred to […]

Despite all of the negative headlines about Greece, equity markets were flat or up slightly

The second quarter ended with news from Greece. Again. Banks and markets throughout that country closed the last week of June after Prime Minister Alexis Tsipras announced he was calling a referendum on July 5 to determine whether to accept the terms offered by Greece’s international creditors. Greece voted “no” by a wide margin. Since then, the Greek Parliament voted to accept the demands of the European Union to receive a third bailout. At the time of this article, several European parliaments have also voted in favor of the bailout agreement.

Prioritize your money and your life with these key questions

One reason many people feel uncomfortable about their financial future is they have not developed a financial vision for themselves. Not having a plan can adversely affect how individuals spend or save their money.

Can your portfolio withstand market volatility?

We all know that the stock markets are volatile. Do you know how frequently market corrections occur? A decline of 5 percent or more typically occurs about three times a year. A market decline of 10 percent or more generally occurs about once a year. A market decline of 20 percent or more normally occurs about once every three and a half years. What we don’t know is when corrections will occur, how long they will last or how severe they will be. Therefore, it is very difficult to time market fluctuations successfully.