PLEASE DON’T “FED” THE BEAR

The market confusion referenced in our last commentary has somewhat resolved itself as the final quarter of 2018 closed. The 10-year Bull market has been abruptly interrupted as the Bear emerged from the woods with a vengeance. Having been held in check by an accommodative Fed for most of that period, it now appears the […]

New, and Not-New, Responsibilities to Clients

Our clients are aware that they have each signed new advisory agreements during the past year. The new agreements are exactly as before except for the addition of federally mandated exceptions to the confidentiality provisions. Now, if we ever suspect that a client is experiencing “diminished mental capacity” or “elder abuse,” we are authorized and […]

January 2019 Newsletter

Our latest quarterly newsletter is fresh off the presses. Here is a link to access a pdf version: January 2019 Newsletter. Our latest quarterly newsletter is fresh off the presses. Here is a link to access a pdf version: January 2019 Newsletter.    Please let us know if you would like to receive a paper […]

New Year, New Numbers

Every year, there are cost of living adjustments to various numbers that affect financial planning, for instance, Social Security payments increase in 2019 by 2.8%. Here is a summary of some important changes. Please let us know if we can help you understand how these numbers affect you. Your ability to save on a tax […]

Spooked by Volatility?

Those of you who have been diligently consuming our investment commentary would recognize that the current market volatility is not unexpected. Our view has been that US Equities, especially growth and technology stocks, have been overvalued for some time. These are the sectors that have led the current downturn. Two-thirds of the S&P 500’s individual […]

What’s Your Risk Number?

At Armor, one of the areas that we consistently strive to improve is our communication style. To me, perhaps the most important part of communication is listening – more specifically, making sure our clients trust that we are hearing what they have to say. Fortunately for us, as 21st century risk managers, technology has provided […]

October 2018 Newsletter

Our latest quarterly newsletter is fresh off the presses. Here is a link to access a pdf version: October 2018 Newsletter.    Please let us know if you would like to receive a paper copy in the mail. Nothing contained in this publication is intended to constitute legal, tax, securities or investment advice, nor an opinion […]

What is Financial Planning?

Walt and I once had breakfast with a man who told us that he invented Financial Planning. In St. Louis, in 1976, I think. It was invented, he told us, purely as a way to sell insurance. He did not understand how we could be Financial Planners, but not fund the exercise by selling insurance. […]

Amazed and Confused

US Equity markets have been on a ten-year UPward trajectory since the Great Recession. This is especially true compared to other markets around the world. Valuation differentials are hitting   historic spreads – Growth has vastly outperformed Value, and US Stocks rule the world. It is as difficult to reconcile these disparities, as it is to […]

The Standard Deduction and Gifting in 2018

Among the many changes introduced by the Tax Cuts and Jobs Act of 2017, some have created great planning opportunities. One planning opportunity that we have reached out to proactively discuss with many of our clients is the significant increase in the Standard Deduction for married couples. We have many married clients who are both […]