On September 19, 2016, S&P Dow Jones and MSCI, Inc. added a sector for Real Estate. Up to this point, REITs have traditionally been considered a sub-industry and part of the Financial sector, but as of the market close on August 31, 2016 (and effective September 19, 2016), they were split from the Financial sector…Details
Pinnacle Wealth Managers help clients at every stage of life—from youth to retirement. Earlier this summer, we asked our Wealth Managers what financial advice they would give a recent graduate. This week, we’ve asked them to offer one piece of general life advice—what do they wish they’d been told when they were young? Here are…Details
After a tumultuous first quarter, the second quarter brought some relief as most assets were able to rebound to varying degrees. From a big picture perspective, U.S. stocks have been oscillating in a wide range that dates back to the fourth quarter of 2014. In other words, for the last year and a half, stocks…Details
Recently, while meeting with a prospective client, I was asked what value comprehensive financial planning adds to the wealth management process. It’s a good question—and a common one.
This morning we awoke to the historic news that Britain has voted to leave the European Union. Given that markets had positioned for a vote to stay in the union, this decision has produced shockwaves through global markets. Given this news, we have outlined our thoughts regarding this historic day and what it may mean…Details
Earlier this month, Pinnacle Wealth Managers Jeff Troll and David Kauffman were named partners of the firm. We sat down with them to talk about their new positions and the future of Pinnacle.
Pinnacle Wealth Managers help clients with their finances at every stage of life—from youth to retirement. With the members of the Class of 2016 taking their first steps into the adult world, we asked our Wealth Managers what financial advice they would offer a recent graduate. These are their responses.Details
The beginning of 2016 started in an emotional frenzy, as world markets dropped sharply out of the gates on fears of a sputtering world economy, plummeting commodity prices, a stubbornly hawkish Federal Reserve, and a decelerating earnings backdrop. The violence of the move in January was stunning, and by early February the number of world…Details
Is a portfolio worth $500,000 a lot of money for retirement? How about $1 million? What if you’ve saved $5 million? I get asked this a lot, and I find it helps to reframe the question: Is $2,000 a month a lot of money? What about $5,000 a month? Or $10,000? When you look at…Details
Pinnacle partner and Wealth Manager Deb Kriebel is the 2016 President of the Financial Planning Association of Maryland (FPA). We spoke with her about her new role with the FPA, the organization’s purpose and activities, and her plans for 2016.