Megan Rindskopf named a NAPFA-Registered Financial Advisor

October 28, 2013: Megan Rindskopf has attained the distinction of being named a NAPFA-Registered Financial Advisor. The National Association of Personal Financial Advisors (NAPFA) is the country’s leading professional association of Fee-Only financial advisors—highly trained professionals who are committed to working in the best interests of those they serve. NAPFA-Registered Financial Advisors are held to a rigorous education requirement in excess of that required by the CFP® Board, and must meet the following additional requirements to be considered for NAPFA’s highest level of membership: Advisor must maintain a CFP® designation Offer comprehensive financial planning services and submit a comprehensive financial plan for peer review Minimum of 3 years of comprehensive planning experience 60 hours of continuing education over the course of 2 years across all core areas of financial planning: Insurance & Risk Management, Investments, Income Tax Planning, Retirement Planning & Employee Benefits, Estate Planning, and Communications; and a minimum of 2 hours in Ethics of Financial Planning (CFP® requirement is 30 hours over 2 years) Must maintain NAPFA’s definition of a Fee-Only Financial Planner— NAPFA defines a Fee-Only financial advisor as one Read on! →

MARKET-VIEW 3RD QUARTER 2013 – October 2013 Newsletter

While fears over Federal Reserve (the Fed) tapering and some uneven economic data hurt stocks earlier in the quarter, September was a surprisingly strong month for equities. The Fed’s decision to keep its quantitative easing program going, combined with moderating tensions in Syria, helped stocks to easily outperform bonds for the third quarter.  Three other market themes emerged during 3rd Quarter 2013:  cyclical stocks outperformed defensive stocks, the equity market rally widened its focus to include international stocks and emerging markets, and corporate and municipal bonds outperformed Treasuries.  Despite a mediocre jobs market, retailers and other consumer discretionary stocks continued to outperform. US Economic Outlook As we enter the fourth quarter, the debate over funding for the federal government and the need to increase the debt ceiling are leading to risks in US credibility on the fiscal front.  Just two years after Congress led America to a fiscal cliff that prompted Standard & Poor to downgrade the United States’ long-term credit rating; we now appear poised to repeat the same fiasco. Despite the political dysfunction in Washington, the private sector Read on! →

Update Following Government Shutdown

The situation in Washington is fluid and something we continue to monitor closely. While it is difficult to speculate on the outcome surrounding the US debt ceiling debate, it appears that the lines of communication between Republicans and Democrats are beginning to open.  US Government uncertainty is likely to remain elevated given the “kick-the-can” nature of the budget deal into early next year. This fiscal uncertainty further supports ongoing easy monetary policy, particularly given the dovish leanings of Janet Yellen, the presumptive incoming Fed chairman. In contrast to the United States, Europe has been calm and economies are slowly improving. We remain hopeful that Japan will be successful in stimulating their economy, although policy missteps are quite possible; while China’s growth has acceleration potential in the short term but we continue to have longer-term concerns. Equities pulled back off their highs and then rallied last week, while the US fixed income market has stayed quite calm, although there was some volatility in the short-term T-Bill market. Looking back at the August 2011 debt ceiling fight, both confidence and the economy Read on! →

Clearview Wealth Management’s First Annual Open House

October 17, 2013: Thank you to everyone who came out to Clearview Wealth Management’s First Annual Open House! The event was a big success filled with good food, great friends, and plenty of laughter. It was a joy for us to see some of our closest clients, colleagues and friends together in one place. It is hard not to have fun when you’re in great company. We appreciate everyone’s ongoing support and could not be happier that you have chosen to be a part of Clearview Wealth Management. We hope that you can join us next year, as we have decided to make this an annual event!