Market Update for the Quarter Ending June 30, 2018
All three U.S. indices were positive for the quarter. The S&P 500 was up 3.43 percent for the period, and the Dow gained 1.26 percent. But the Nasdaq did best, rising 6.61 percent. Read More
Market Update for the Quarter Ending March 31, 2018
For the quarter, a volatile March and weak February more than offset gains in January to leave the Dow down 1.96 percent and the S&P down 0.76 percent. Read More
Market Update for the Quarter Ending December 31, 2017
U.S. financial markets were strong throughout 2017 and capped off the year with even more gains in December. Read More
Hub International Acquires the Assets of Summit Financial Corporation
Hub International Limited (Hub), a leading global insurance brokerage, has acquired the assets of Summit Financial Corporation (Summit). Terms of the acquisition were not disclosed.
Headquartered in Burlington, Massachusetts, Summit provides plan design, consulting, actuarial, administration and investment-related services for both qualified and non-qualified employer-sponsored retirement plans, as well as, similar services for employee benefit plans through Commonwealth Financial Network®.
Since the company was founded by Joe Bonasera, President of Summit, and Brian Babcock, Vice President & Chief Operating Officer of Summit, in 1993, the company has grown into one of New England’s premier employee benefits, retirement and financial … Read More
The Rise of the Cryptocurrencies
Bitcoin is a digital currency that allows for the transfer of payment between two parties, without the help of a bank—and without government oversight. Read More
End-of-Year Action Items
As 2017 comes to a close, it’s the time of year to review those end-of-the-year benefit plan “action items” that may require your attention. Read More
IRS Announces 2018 Pension Plan Limits
The Internal Revenue Service recently announced cost of living adjustments affecting dollar limitations for pension plans and other retirement-related items for Tax Year 2018. Read More
Market Update for the Quarter Ending September 30, 2017
Despite some early volatility, September ended up being a positive month for most financial markets. This capped off a solid quarter where markets also saw gains across the board. Read More
Debunking the Myths of Financial Planning
In many cases, what you might think about the world of financial planning, or about the role of financial advisors, does not necessarily match the reality. Read More
Passive vs. Active Funds
What’s the best choice for you? Read More