“Re-Partnering”? (As Opposed To Re-Marrying)…A Growing Trend Among Older Couples

August 21, 2018 | posted in: Blog, Financial Insights | by

ESTATE PLANNING IS KEY FOR SUCH COUPLES
In recent years we were introduced to the concept of “conscious uncoupling” (divorce!) and now demographers are studying “re-partnering” and its rise among older Americans. “Grey divorce” has doubled since the 1990’s and the number of people over 50 who cohabit with unmarried partners has jumped 75% from 2007-2016, per a recent Pew Research report.* Unlike youthful cohabitation, which is often a prelude to marriage, it seems that in later life, making it official doesn’t always hold the same attraction. While many see financial advantages to remaining unmarried, as financial advisors we stress that without proper estate planning and documentation of desires, unmarried couples are particularly vulnerable to default state laws that determine who can make financial and health care decisions for incapacitated persons, and to whom property devolves in the absence of a valid will or revocable trust. In addition to establishing wills and health care advance directives, these are among the additional steps frequently put in place for unmarried partners:   Read More  »

Longest Bull Market Ever

As LPL Research states, “The bull market continues to defy the skeptics and is now nearing a major milestone. On August 22, 2018, this bull market can overtake the bull market of the 1990s as the longest ever. From tariffs to trade wars to inflation to a flattening yield curve to a global economic slowdown, the headlines continue to cast doubt on the sustainability of this economic cycle and bull market. Although we see several potential stumbling blocks, we continue to believe this economy and stock market rally have plenty of fuel left in the tank.” Key takeaways include: This bull market may soon become the longest in history. The U.S. economy remains quite strong, with plenty of room for continued growth in our view. Recent stock market gains may be an indication of continued bullish momentum over the rest of 2018. To read more from John Lynch, Chief Investment Strategist, and Ryan Detrick, CMT Senior Market Strategist, LPL Financial, click here.

#LPLFocus 2018 FAQs

Last week was the annual LPL Foucs 2018 national conference in Boston which convened over 4,000 advisors and LPL management.  In this week’s commentary, we share the most frequently asked questions from Focus 2018. Click here to read the most asked questions and their answers from  John Lynch Chief Investment Strategist, and Jeffrey Buchbinder, CFA Equity Strategist, of LPL Financial

The Team Was Focused at LPL Focus Conference!

July 31, 2018 | posted in: Blog, Frye Happenings | by

Austin Frye, Alex Holguin, and Robin Newman joined other top advisors and teams in Boston at the end of July for LPL Financial’s annual Focus conference. They were afforded the opportunity to attend sessions given by leading market/economic analysts and researchers. As seen here, they are checking out some of the hottest new technologies in client servicing and portfolio management

Another Very Strong Earnings Season Expected

Second quarter earnings season is underway and may be another good one.
Key takeaways include: Consensus estimates are calling for a 21% year-over-year increase in S&P 500 earnings for the second quarter. While some companies are being disproportionately affected by tariffs, we do not expect trade tensions to have much impact on overall results. Though earnings growth may be slowing, we believe the economic expansion has a good amount of runway left. To read more from John Lynch Chief Investment Strategist, and Jeffrey Buchbinder, CFA Equity Strategist, LPL Financial, click here.

So Far, So Good!

July 23, 2018 | posted in: Financial Insights | by

Ryan Detrick, CMT, Senior Market Strategist at LPL Financial, points out that “It is early, but so far 84% of companies have beaten EPS estimates and 74% have topped revenue estimates.” Check out more on the topic here.