“No battle plan survives first contact with the enemy” Helmuth von Moltke, Prussian Field Marshal – 1871 Financial Planning, as a service, is an amorphous term. It has been used to describe the process of selling financial products to consumers, legal and accounting work, and investment management. However, doing ‘real’ Financial Planning (as we see […]
Easily one of the most “I didn’t see THAT coming” fallouts from the pandemic has been the boost to the housing market, nationwide. While some areas have seen more frenzied action than others, the general trend has been toward one of the most significant ‘sellers markets’ in history. This has persisted into 2021, and as […]
Summary Market Review A combination of widespread COVID vaccine availability, a relaxation of pandemic-related constraints, and favorable economic data got the second quarter off to a strong start, with stocks making solid gains in April. The first-quarter gross domestic product accelerated at an annualized rate of 6.4%, claims for unemployment slowed, 266,000 new jobs were […]
Executive Summary DISCLAIMER: The foregoing content reflects the opinions of Penobscot Financial Advisors and is subject to change at any time without notice. Content provided herein is for informational purposes only and should not be used or construed as investment advice or a recommendation regarding the purchase or sale of any security. Subscribe You […]
Executive Summary DISCLAIMER: The foregoing content reflects the opinions of Penobscot Financial Advisors and is subject to change at any time without notice. Content provided herein is for informational purposes only and should not be used or construed as investment advice or a recommendation regarding the purchase or sale of any security. Subscribe You […]
Executive Summary DISCLAIMER: The foregoing content reflects the opinions of Penobscot Financial Advisors and is subject to change at any time without notice. Content provided herein is for informational purposes only and should not be used or construed as investment advice or a recommendation regarding the purchase or sale of any security. Subscribe You […]
Executive Summary On this Episode of Financial Discretion Advised Abrin and Tyler bring Craig back on to chat about financial advisor compensation. There are some big differences in how professionals in this industry are paid and it is very important to understand how those may impact the advice you receive. Compensation Models Craig breaks down […]
May 29th is a significant day to me in several ways. First, it marks the day that my parents got married. 11 months later, here I was. It’s also 5/29. Not a bad day to go through some of the “technical” parts of taking distributions from 529 plans! Account owners can withdraw 529 plan savings […]
