Here’s How Trump And Biden May Change Your Clients’ Taxes
Financial Advisor Magazine took a side-by-side look at each presidential candidates’ approach to taxes. Our own James Rabasca points out that President Trump’s stance on capital gains could provide “a huge planning opportunity for business owners and affluent people...
US STOCKS-S&P 500 On Track For Best August Since 1984
In his latest conversation with Reuters, our CEO Stan Gregor shared his thoughts on the current market environment. He told reporters, “Right now the euphoria is stay long on technology and stay-at-home stocks." Learn more here:
Cyberattacks More Prevalent Among Smaller Businesses
As businesses continue to work remotely amid the pandemic, it's more important than ever to ensure proper cybersecurity measures are put in place. Our Director of Information Technology Steve Pfundstein recently spoke to PLANADVISER on the topic and discussed what...
S&P 500 Slides From Five-Week High On Fears Over Rising COVID-19 Cases
Market fears persist as coronavirus cases continue to rise in the U.S. Our CEO Stan Gregor told Reuters,“The spike in COVID-19 cases across the country is raising a concern that if they continue to rise, what would it mean for the economy and potential shutdowns."
What To Tell Clients With Troubled Tax-Filing Histories
Summit Financial's Brandon Smith told Financial Advisor Magazine’s Jeff Stimpson failing to file your tax return once can be a slippery slope: “Once a person takes a year off...reluctance to file future returns can take hold as the consequences of drawing a taxing...
US STOCKS-S&P 500, Dow Muted As Rising COVID-19 Cases Dent Recovery Hopes
Our CEO Stan Gregor recently told Reuters: “The market is in a position now where it’s priced from an optimistic standpoint and is looking for what’s coming up next.” Read the full article here:
Clients Could Face Residency Tax Audits Because Of Lockdowns
Our Director of Integrated Planning Group, Brandon Smith, recently told Financial Advisor Magazine that due to the COVID-19 pandemic, “people unable to leave a higher-tax state, where they own a home, may well face added risk of a residency audit.” Read the full...
Drawn out of his own startup, Ed Friedman lands at Summit Financial
As Summit Financial welcomes Ed Friedman, RIA Biz highlights where he’s been, but more importantly, where he plans to go. Friedman embraces challenge and change as he reflects on the current COVID-19 crisis, stating Summit’s “turnkey” nature will allow the RIA...
Exclusive: Ex-Dynasty exec Ed Friedman joins New Jersey RIA
We are pleased to announce we’ve hired industry vet Ed Friedman to spearhead business development and growth. Read more about Ed’s background and what he’s bringing to the Summit team in this Citywire...
Are There Limits to Remote Working?
Some financial advisory firms are finding their commitment to virtual practices even more validated in the current coronavirus quarantine; for other teams, the value of a physical location is becoming more apparent by the day. For many wealth management professionals,...