Holiday Gatherings: Sparking Family Conversations On Financial Legacy
Written by Anna O’Shea ChFC®, ADPA®, and Tyrel Lacey CFP®, ChFC® Holiday Gatherings: Sparking Family Conversations on Financial Legacy As we enter this season filled with tradition it’s amazing to see the many ways our clients choose to celebrate the holidays, whether it be with friends, family, or beyond. We believe this is the best […]
Market Downturns Provide Opportunities – Embrace Them
written by Brent Soloway, CcFC® Market Downturns Provide Opportunities – Embrace Them One of the greatest challenges for investors is when the market experiences substantial downturns (which we shall define as 15%+ decline in value). In 2022, the S & P 500 total return was a negative 18.1%. From the middle of February through the […]
Q3 Market Commentary: Past Performance
written by Brian Frederick, CFP®, CIMA® & Trevor Marston What We’re Seeing “The most contrarian thing of all is not to oppose the crowd but to think for yourself.” — Peter Thiel In the world of investing, a well-known adage often surfaces: “past performance does not indicate future results.” Indeed, it doesn’t. Statisticians might even […]
Breaking The Cycle: The Impact of Financial Stress on Mental Health
As we enter June and leave May behind, we are also ending Mental Health Awareness Month. Many factors in life can influence one’s mental state. Recent studies have shown that poor financial health, particularly financial stress, is a leading cause of poor mental health. The connection between mental health and personal finances is like a […]
June 2024 – Mainspring Cares 2024
June 7th, 2024 was a day for gratitude, community, and giving back. Every year we close our offices for a day in June and dedicate our time to volunteering in the community for Mainspring Cares Day, our all-firm volunteer program. This year we are proud to have given our time to support several organizations throughout […]
Death And (Less) Taxes
One of Benjamin Franklin’s timeless quotes is “in this world nothing can be said to be certain, expect death and taxes.” I don’t think much can be done on the former, but on the latter, there are strategies that help. While we can’t make taxes go away altogether (sorry), we can assist in minimizing them. […]
Q2 Market Commentary: The Greener Grass
written by Brian Frederick, CFP®, CIMA® & Trevor Marston What We’re Seeing “The stock market is a device to transfer money from the impatient to the patient.” – Warren Buffett It’s an age-old problem. People always keep trying to look over the horizon and try to find greener pastures. The grass is always greener on […]
Retirement Contributions To Consider Before The Tax Deadline
Written by Ed Bradley, CFP®, ChFC® It’s tax season, and that means many individuals are looking for opportunities to reduce their taxable income and increase their retirement savings. As we head towards the tax filing deadline, it’s important to consult with your financial advisor and tax advisor on your specific situation. Here are a few […]
April Is Financial Literacy Month: Three Phrases To Building A Solid Financial Future
April is National Financial Literacy Month, and when it comes to financial planning, it can be easy to feel overwhelmed and unsure of where to start. However, with the right guidance and strategies, you can create a solid foundation for your financial future. This guide will walk you through the three phases to consider for […]
Market Quarterly Commentary: Rebounds and Reflections
written by Brian Frederick, CFP®, CIMA® & Trevor Marston What We’re Seeing “Know what you own, and know why you own it” – Peter Lynch At the beginning of 2023, the prevalent view was a looming recession. Yet, The S&P500 surprised many by delivering a 26.18% total return. Even the Bloomberg Aggregate US Bond index […]