Stock Market Commentary July 2024
Market Update: Positive Trends in the First Half of 2024 As the first half of 2024 comes to a close, we're happy to say that it has been smooth sailing for the major stock market indexes. For the month of June, the Dow Jones Industrial Average gained 1.12% this month....
Employer Retirement Plans: Understanding Your Options and Optimizing Your Investments
We recently sent out the latest recommendations for our employer plan advice program, so we thought this topic may be useful for our readers. Many employers offer retirement plan options to their employees, which is a great incentive to attract and retain talent. This...
Stock Market Commentary June 2024
Trusted Contact Form If you have not met with us recently for a review meeting, we strongly encourage you to request a Trusted Contact form. If you were incapacitated, it gives us permission to speak freely with anyone you name, such as spouses or children, about your...
Building a Brighter Future: Financial Preparation for Parenthood
This month’s blog topic really hits home for me. My wife and I are in the final month of pregnancy for our first child! I feel that this experience has provided me with some firsthand experience that deserves to be relayed to our clients. There was a lot...
Understanding Your Risk Tolerance for a Smoother Investment Journey
Risk Tolerance is an ongoing conversation we have with every client. Risk Tolerance can simply be defined as how much volatility an investor can handle. Volatility refers to the ups and downs in the markets and the associated investments. So, risk tolerance is used to...
Stock Market Commentary May 2024
Supporting Our Community with Gradient Gives Back We appreciate your trust in Summit Financial! To show our appreciation, we're proud to announce our partnership with the Gradient Gives Back Foundation. Gradient Gives Back provides critical support to local families...
Maintaining a Long-Term Investment Perspective During Election Years
In our recent market commentary, we addressed the potential implications the presidential election may have on the financial markets. This blog will take this concept into account and dive deeper into our analysis. Of course, historical results do not predict future...
Are Health Savings Accounts a Powerful Investment Option? Understanding the Benefits and Limitations
Have you ever considered opening a Health Savings Account (HSA) but felt unsure whether it aligns with your financial and healthcare needs? Our previous blog highlighted different ways you can use your tax refund to help progress on your financial goals, including...
Stock Market Commentary April 2024
Supporting Our Community with Gradient Gives Back We appreciate your trust in Summit Financial! To show our appreciation, we're proud to announce our partnership with the Gradient Gives Back Foundation. Gradient Gives Back provides critical support to local families...
Smart Strategies for Your Tax Refund: Enhancing Your Financial Growth
As we approach the tax filing deadline for 2023, we thought it would be a good idea to highlight different ways you can use your tax refund to help progress on your financial goals. While many individuals hope for a large refund every Spring, receiving a significant...
Estate Planning for Blended Households: Ensuring Clarity and Security for Your Family
The increasing prevalence of blended households, often formed by individuals entering new marriages after divorce, presents unique challenges in estate planning. Blended families typically involve complex family structures, with spouses potentially having children and...
Stock Market Commentary March 2024
Tax Time Reminders: This is a reminder that if you took a distribution from an IRA in 2023, or if you had a non-retirement account that paid dividends or had trades placed, you will most likely receive a packet of 1099’s from both TD Ameritrade and Charles Schwab, and...
Beyond the 9-5: The Appeal of Side Hustles Like Uber and Doordash
With rising inflation impacting many, individuals and families are on the search for ways to boost or supplement their income streams. In our previous blog, we explored various strategies for increasing your monthly earnings. In this article, we delve into the...
Examining Pre-Tax and Post-Tax Contributions: Optimizing Your Retirement Savings
Choosing between a Traditional and a Roth IRA is one of the most frequent questions we receive from our clients. Understanding the differences between pre-tax contributions and post-tax contributions can assist in making a well-informed choice that aligns with...
Stock Market Commentary February 2024
Get Ready for Tax Season: When to Expect Tax Documents and Tax Prep Services If you haven’t already, you will most likely receive a packet of 1099’s from both TD Ameritrade and Charles Schwab, most likely in the last week of February or the first week of March at the...
Contact Us
Summit Financial Consulting – Working With People You Trust.
Phone: 586-226-2100
Fax: 586-226-3584
info@summitfc.net
Our Office
The Fine Print
All written content on this site is for information purposes only. Opinions expressed herein are solely those of Summit Financial Consulting LLC and our editorial staff. Material presented is believed to be from reliable sources; however, we make no representations as to its accuracy or completeness. All information and ideas should be discussed in detail with your individual adviser prior to implementation.
The presence of this web site shall in no way be construed or interpreted as a solicitation to sell or offer to sell investment advisory services to any residents of any State other than the State of Michigan, Florida, Texas or where otherwise legally permitted. All written content is for information purposes only. It is not intended to provide any tax or legal advice or provide the basis for any financial decisions. All investing involves risk including loss of principal. Past performance does not guarantee future results.
Advisory services are offered through Summit Financial Consulting LLC, DBA Summit Financial Working With People You Trust, an SEC Investment Advisor. Being registered with the SEC and being a registered investment adviser does not imply a certain level of skill or training. Summit Financial Consulting LLC and its representatives do not render tax, legal, or accounting advice. Health/Life/Annuity Insurance products and services offered by the individual insurance agent. Group Health insurance and ancillary benefits are offered through Summit Health Services, LLC. Property/Casualty (P&C) Insurance is offered through Summit Insurance Services, LLC and our local P&C agency partners. Representatives of Summit Financial Consulting LLC offer tax preparation services through Summit Tax Services. Summit Tax Services is a DBA of Heemer Klein & Company and they are owned and operated independently. Tax products and services are offered through Summit Tax Services LLC. Summit Financial Consulting LLC, Summit Health Services LLC, Summit Tax Services LLC, and Summit Insurance Services, LLC are affiliated entities.
Summit Financial Consulting LLC, Summit Health Services LLC, Summit Tax Services LLC, and Summit Insurance Services, LLC are not affiliated with the Social Security Administration or any government agency.
Certified Financial Planner Board of Standards, Inc. (CFP Board) owns the CFP® certification mark, the CERTIFIED FINANCIAL PLANNER™ certification mark, and the CFP® certification mark (with plaque design) logo in the United States, which it authorizes use of by individuals who successfully complete CFP Board’s initial and ongoing certification requirements.
Copyright © 2020 – Summit Financial Consulting