Fee-Only Investment Advisory and Financial Planning Firm Serving Greater Richmond, Virginia
We have had a few conversations with clients lately about what is happening in the US and the world from both an economic and geopolitical perspective. There is a lot happening in fairly rapid succession, some of which are causing the equity markets to become more volatile. While everyone likes volatility on the upside, no…
Tariff Tensions About a week ago, we attended an insightful webcast presented by Dimensional, featuring renowned trade policy expert Douglas A. Irwin, the John French Professor of Economics at Dartmouth College. Professor Irwin discussed the historical impact of tariffs, their potential effects on the economy and markets, and their relevance in today’s global landscape, providing…
Tax Time is Coming! Figuring out exactly what the IRS wants each year can be a daunting task, but we have you covered! CLICK HERE to go through an interactive guide or click the image below to download the printable PDF to determining what documents you need to collect before filing your 2024 tax return. Navigating Taxes…
Happy New Year from Summit Financial Partners! Happy New Year to all our valued clients and friends! As we welcome 2025, it’s a great time to reflect and plan for the year ahead. To help you get started, we wanted to share a checklist titled “What Issues Should I Consider at the Start of the Year?” This…
We asked our clients to vote for their top charities, and the votes are in! With a final tally of 187 votes, we have a winner! Congratulations to Samaritan’s Purse – Hurricane Helene Relief for taking the top spot, claiming over 25% of the votes. All 5 charities will be receiving a donation from Summit today, for…
We asked our clients to vote for their top charities, and the votes are in! With a final tally of 164 votes, we have a THREE-WAY TIE for first place! Congratulations to Camp Kesem, Feed More, and LifeCampUSA for taking the top spots, receiving $1006 each. All 6 charities will be receiving a donation from Summit, for…
On the front page of the Wall Street Journal today is a headline: “Stocks Decline as Bond Turmoil Spreads, S&P 500 Hits New 2022 Low and Treasury Yields Climb on Fresh Slowdown Concerns” (WSJ, September 30, 2022). As you are fully aware, this has been a really tough year to be an investor. Globally, stock…
We have been receiving a lot of questions regarding I Bonds lately, so I thought I would pull together what I know about them to share with everyone. I Bonds generally stay below my radar because I cannot buy them for client accounts, as they are not available for investment accounts. So, if you love…
It depends on which perspective we are thinking about inflation. Yes, inflation is very worrisome. We are getting a “pay cut” even though the dollars flowing into our checking accounts from salaries and retirement sources have not decreased. It makes us think more carefully about how much we drive and what foods to buy. Inflation…
