Many people wait too long to create advance health directives and appoint a health care surrogate―and the results can be tragic. A recent article, by a physician, who is also a financial planner, illustrates a not-uncommon situation in which nobody wants to find themselves. The story begins with a woman suddenly becoming acutely ill and … Continue reading “The Importance of Advance Directives”
Clark shares his thoughts on the recent market pullback, what’s causing the volatility, and how the investment community should respond.
How can you cover your child’s future college costs? Saving early (and often) may be the key for most families. Here are some college savings vehicles to consider. 529 college savings plans. Offered by states and some educational institutions, these plans let you save up to $15,000 per year for your child’s college costs without … Continue reading “Options For Funding Your College Savings Goals”
Advice for the Middle Class Millionaire Clark shares his thoughts on target date funds.
A recent Wall Street Journal article found that one in eleven households in the greater Washington, D.C. area have more than $1 million in investable assets. Clark describes how Kendall Capital helps to serve those individuals investment and wealth management needs.
The Department of Labor is introducing a new rule regarding retirement plan accounts, which will be phased in during 2017 and fully implemented by 2018. Under the new rule, financial professionals who consult retirement savers will be held to a fiduciary standard. In other words, they will have an ethical and legal obligation to always … Continue reading “The Fiduciary Standard”
The current presidential cycle is one of the most unconventional election cycles ever experienced. For me, voting for the next U.S. President is like choosing a soccer coach for my teenage daughter. One option is “Coach Clinton” who will provide everyone equal playing time and will make sure that each team member’s mother brings a … Continue reading “Picking a President Is as Difficult as Picking a Soccer Coach”