KROST Wealth Monthly Economic Update: January 2021

January 25, 2021By Phil Clark, CPWA®,CFP®

In this month’s recap: Stocks closed the year with a solid rally, fueled by the rollout of multiple COVID-19 vaccines and the signing of a new fiscal relief bill. Presented by Philip Clark, CFP®, January 2021 U.S. Markets A tumultuous year ended on a positive note as stocks rose in December, spurred by the rollout of … Read More

KROST Wealth Monthly Economic Update: December 2020

December 7, 2020By Phil Clark, CPWA®,CFP®

In this month’s recap: Stock prices powered higher and energized investors thanks to a month-long succession of positive news events.Presented by Philip Clark, CFP®, December 2020 U.S. Markets Stock prices powered higher and emboldened investors in November thanks to a series of positive news events. The Dow Jones Industrial Average, which has lagged much of the … Read More

KROST Wealth Monthly Economic Update: November 2020

November 11, 2020By Phil Clark, CPWA®,CFP®

In this month’s recap: Inaction on a second American fiscal stimulus bill and a rise in global COVID-19 cases put pressure on stock prices in October. Presented by Philip Clark, CFP®, November 2020 U.S. Markets Inaction on a second American fiscal stimulus bill and a rise in global COVID-19 cases put pressure on stock prices in … Read More

Quarterly Client Letter – Q3 2020

October 30, 2020By Phil Clark, CPWA®,CFP®

Happy campaign season!  I hope everyone is as tired of political ads as I am, and if you are not, good news, there’s one more week! I rarely and with good reason, discuss politics in these letters. However, I recently wrote a piece comparing the two tax plans from the major presidential nominees and the … Read More

KROST Wealth Monthly Economic Update: September 2020

September 10, 2020By Bethany W

In this month’s recap: Stocks prices surged in August as investors cheered positive news of a potential COVID-19 treatment and welcomed a month-long succession of upbeat economic data.Presented by Philip Clark, CFP®, September 2020 U.S. Markets Stock prices surged in August as investors cheered positive news of a potential COVID-19 treatment and welcomed a month-long … Read More

Quarterly Client Letter – Q2 2020

August 17, 2020By Bethany W

This last quarter saw violent fluctuations in the capital markets, which have shaken the very core of retail investing for private clients as well as created massive stimulus actions by the federal government. Good thing we didn’t have anything else going on at the time! Oh, wait. COVID-19 has blanketed our country for a second … Read More

Countdown to College

July 7, 2020By Bethany W

As a parent, of course you want to give your child the best opportunity for success, and for many, attending the “right” university or college is that opportunity. Unfortunately, being accepted to the college of one’s choice may not be as easy as it once was. Additionally, the earlier you consider how you expect to … Read More

Insurance Needs for Empty Nesters and Retirees

June 7, 2020By Bethany W

Thinking about coverage as you enter a new phase. Presented by Philip Clark, CFP®, June 2020 With the children now out of the house, financial priorities become more focused on preparing for retirement. At this stage, you may very likely be at the height of your earning power and fast approaching peak savings as you … Read More

Financial Steps to Take Before a Divorce

May 1, 2020By Bethany W

Wise moves to make before things are finalized. Provided by Philip Clark, CFP® Before your divorce goes through, it would be wise to check up on financial matters. It would be better to assess the state of your financial life before the split rather than after. Find out where you stand financially. Beyond your salary … Read More

Quarterly Client Letter – Q1 2020

April 16, 2020By Bethany W

A computer programmer named David Cook started a company in Dallas, Texas in 1985. After two years, Cook sold the company Blockbuster for $18.5 million, missing one of the most impractical run-ups in history. By 1992, this once small retail shop was sold again for $8.4 billion. By the late 90s, Cook’s bright idea for … Read More