Quarterly Client Letter – Q2 2021

July 29, 2021By Phil Clark, CPWA®,CFP®

The three horsemen of the retirement apocalypse. Dramatic, yes.  Accurate, yes. Scary, maybe. I consider the most significant risks to a healthy and well-planned retirement: Low-Interest Rates Inflation Healthcare Costs The 2nd quarter of 2021 was marked with expansive growth in both GDP and, more importantly, inflation.  As communicated in the Quarterly Economic Update, “According … Read More

Quarterly Economic Update – Q2 2021

July 29, 2021By Phil Clark, CPWA®,CFP®

In this Q2 recap: U.S. economic growth strong as reopening widens. Europe’s recovery picks up steam; Stocks reach new record highs, face new interest rate and inflation landscape. A review of Q2 2021, season, presented by Philip Clark, CFP®, CPWA®, July 2021 THE QUARTER IN BRIEF The second quarter began by building on the first-quarter’s gains, … Read More

KROST Wealth Management Monthly Economic Update: July 2021

July 13, 2021By Phil Clark, CPWA®,CFP®

In this month’s recap: Stocks moved higher as investors looked past accelerating inflation and the Fed’s pivot on monetary policy.Presented by Philip Clark, CFP®, CPWA®, July 2021 U.S. Markets Stocks moved higher last month as investors looked past accelerating inflation and the Fed’s pivot on monetary policy. The Dow Jones Industrial Average slipped 0.07 percent, but … Read More

Tax & Estate Strategies for Married LGBTQ+ Couples

July 9, 2021By Phil Clark, CPWA®,CFP®

In this age of marriage equality, there are new possibilities. The 2015 Obergefell v. Hodges Supreme Court decision streamlined tax and estate strategizing for married LGBTQ+ couples. If you are filing a joint tax return for this year or are considering updating your estate strategy, here are some important things to remember. Keep in mind, … Read More

KROST Wealth Management Monthly Economic Update: June 2021

June 7, 2021By Phil Clark, CPWA®,CFP®

In this month’s recap: Stocks traded in a narrow range as technology and other high-valuation companies were under selling pressure.Presented by Philip Clark, CFP®, CPWA®, June 2021 U.S. Markets Stocks traded in a narrow range in May, with technology and other high-valuation companies under selling pressure. The Dow Jones Industrial Average gained 1.93 percent while the … Read More

KROST Wealth Management Monthly Economic Update: May 2021

May 10, 2021By Phil Clark, CPWA®,CFP®

In this month’s recap: Stocks notched a solid gain, fueled by a succession of positive economic reports and a strong start to the first-quarter earnings season. Presented by Philip Clark, CFP®, CPWA®, May 2021 U.S. Markets A succession of robust economic reports and a healthy start to the corporate earnings season helped spark an April rally … Read More

Quarterly Client Letter – Q1 2021

May 4, 2021By Phil Clark, CPWA®,CFP®

Many times, I sit down and write these letters with a clear understanding of what items I want to cover because they are newsworthy or something remarkable has happened.  This is not one of those times. Compared to last year at this time, this letter would be about as boring as they get.  No massive … Read More

KROST Wealth Management Monthly Economic Update: April 2021

April 12, 2021By Phil Clark, CPWA®,CFP®

In this month’s recap: Stocks posted solid gains due to improving economic conditions and widening vaccination programs. However, tech and high-growth stocks played a limited role in the rally. Presented by Philip Clark, CFP®, CPWA®, April 2021 U.S. Markets Improved economic conditions and broadened vaccine programs ignited a broad stock market rally, though rising treasury yields … Read More

A Living Trust Primer

March 29, 2021By Phil Clark, CPWA®,CFP®

A living trust is a popular consideration in many estate strategy conversations, but its appropriateness will depend upon your individual needs and objectives. What is a Living Trust? A living trust is created while you are alive and funded with the assets you choose to transfer into it. The trustee (typically, you) has full power … Read More