• The Markets (as of market close March 24, 2017)

    Uncertainty over whether Congress would pass a new health-care law, coupled with the prospects of additional interest rate hikes later in the year, may have weighed on investors’ minds as stocks tumbled early last week. BWFA will look closely at… Read More

  • The Markets (as of market close March 3, 2017)

    Following President’s speech to Congress last Tuesday evening, stocks soared Wednesday before retreating Thursday and Friday while bond yields soared, possibly in response to Fed Chair Janet Yellen’s indication that interest rates are likely to be raised when the Committee next meets later this month. The price of… Read More

  • The Markets (as of market close February 27, 2017)

    Most of the benchmark indexes listed here rallied by the close of the market last Friday to finish ahead for the week. The Dow led the way by marking its 11th consecutive day of positive gains, followed by the S&P 500, which… Read More

  • The Markets (as of market close February 3, 2017)

    Stocks fell early last week, with the Dow dropping below 20000, while yields on long-term Treasuries receded as prices climbed with increased demand. However, news that the Fed was not raising interest rates this month, coupled with a favorable jobs… Read More

  • The Markets (as of market close January 27, 2017)

    The Markets (as of market close January 27, 2017)   The Dow reached 20000 for the first time ever as favorable earnings reports coupled with anticipated pro-business policies apparently spurred trading, although a relatively weak GDP report at week’s end may… Read More

  • BWFA’s President & CEO Featured in Business Montly

    Robert Carpenter, BWFA’s President & CEO, was featured in the January edition of  Business Monthly  discussing the 2017 forecast. Click here to read the full article.

  • The Markets (as of market close January 13, 2017)

    The Markets (as of market close January 13, 2017)   The past few weeks have seen the markets experience some volatility following several weeks of post-election gains. The Dow fell for the second time in the past three weeks, while the… Read More

  • Community Spotlight

    It’s The Chrysalis Have you noticed? there’s a metamorphosis going on in symphony woods. it’s the chrysalis, the first of a series of the inner arbor trust’s* functional art elements for the park. What has started to take shape is… Read More

  • Business Succesion Planning

    By Brian Macmillan  Managing Director  Mergers and Acquisitions When developing a succession plan for your business, you must make many decisions. Should you sell your business or give it away? Should you structure your plan to go into effect during… Read More

  • Tax Planning For the Self-Employed

    Self-employment is the opportunity to be your own boss, to come and go as you please, and oh yes, to establish a lifelong bond with your accountant. If you’re self-employed, you’ll need to pay your own FICA taxes and take… Read More

  • Exchange-Traded Funds: Do They Belong in Your Portfolio

    by Joseph Caputo  Chief Information Officer & Associate Portfolio Manager Exchange-traded funds (ETFs) have become increasingly popular since they were introduced in the United States in the mid-1990s. Their tax efficiency and relatively low cost have attracted investors who like… Read More

  • Caring for Your Aging Parents

    By Chris Kelly CPA, CFP®, M. ACCY   Financial Advisor and Portfolio Manager Caring for your aging parents is something you hope you can handle when the timecomes, but it’s the last thing you want tothink about. Whether the time… Read More

  • Why Use a Professional Trustee?

    by Joseph Manfredi MBA  Chief Operating Officer / Senior Portfolio Manager You use bwfa for professional financial planning, investment management, and or tax services- Why not include professional trust services to your important financial advisory services? When would you consider… Read More

  • Planning For Retirement

    Thad Ismart  CFP©  Senior Financial Planner If you’re a decade or so away from retirement, you’ve probably spent at least some time thinking about this major life change. How will you manage the transition? Will you travel, take up a… Read More

  • Ancestry DNA

    by Robert G.Carpenter  President & CEO For my 50th birthday, my wife gave me an Ancestry DNA test. I had a general knowledge of the more recent branches of my family tree, but was always curious about discovering more. My… Read More

  • The Markets (as of market close December 16, 2016)

    The fallout from the increase in the federal funds rate saw bond yields rise, with the yield on 10-year Treasuries hitting a 2-year high. Bond prices tend to fall (and yields rise) when interest rates increase. Lender rates from financial… Read More

  • The Markets (as of market close December 9, 2016)

    Following a week of tepid movement in the major stock market indexes, equities picked up the pace last week. Growth in financial company and bank stocks led the way as both the large-cap Dow and S&P 500 rose moderately. Some… Read More

  • The Markets (as of market close December 2, 2016)

    Robust gains that marked the last few weeks turned to modest declines last week. Gains in energy shares, following OPEC’s announcement to cap production, weren’t enough to totally offset a regression in small-cap and technology stocks. Both the Russell 2000… Read More

  • The Markets (as of market close November 18, 2016)

    Treasury yields continue to climb as the 10-year rate jumped 20 basis points for the week while exceeding last year’s closing yield for the first time in 2016. The dollar has been keeping pace with rising bond yields, which is… Read More

  • The Markets (as of market close November 4, 2016)

    Even a good jobs report wasn’t enough to steady investors last week, as stocks lost value from the prior week. Oil prices fell midweek following a report that crude oil inventories are larger than expected. While OPEC leaders agreed to… Read More

  • The Markets (as of market close October 28, 2016)

    As the presidential election draws near, news about the candidates may be affecting the markets. Word of an FBI investigation into more Clinton emails, coupled with some earnings reports that were weaker than expected, sent equities into the red for… Read More

  • The Markets (as of market close October 21, 2016)

    Last week began with a whimper as equities closed down (the Dow fell 0.3%), while the 10-year Treasuries yield dropped 4 basis points and bond prices increased. Oil (WTI) fell below $50 per barrel before rallying to around $50.50 per… Read More

  • The Markets (as of market close September 30, 2016)

    Last week equities started off well enough, still feeding off the Fed’s decision to leave interest rates alone for the time being. But fear of financial instability for one of the world’s largest banks may have prompted many investors to… Read More

  • Summer Adventures

    By: Rob Carpenter | President & CEO Alltrails App My wife and I reached two wonderful milestones this year—we each turned 50 years old and also celebrated our 25th wedding anniversary.  We marked the occasions by traveling to Maui this… Read More

  • Starting or Buying a Business

    By:  Brian MacMillan | Managing Director, Mergers and Acquisitions Start-ups If you are planning on building your business from the ground up, you are taking a bigger risk than if you were buying an existing business or a franchise. Existing… Read More

  • Am I Having Enough Withheld?

    By: Susan Horne | MST | Tax Advisor Form W-4 helps you determine the proper withholding amount Two factors determine the amount of income tax that your employer withholds from your regular pay: the amount you earn and the information… Read More

  • Should You Pay Off Your Mortgage or Invest?

    By Chris Kelly | CPA, CFP®, M. ACCY | Financial Advisor and Portfolio Manager Owning a home outright is a dream that many Americans share. Having a mortgage can be a huge burden, and paying it off may be the… Read More

  • Housing Options for Older Individuals

    By Joesph Manfredi | MBA Chief Operating Office, Senior Portfolio Manager As clients at BWFA enter retirement years, they begin to contemplate how their housing needs may change. Maybe you’ll get tired of doing yard work. You might want to retire… Read More

  • The Markets (as of market close September 23, 2016)

    Buoyed by news from the Fed, as well as the Bank of Japan, that measures intended to stimulate the economy would continue — at least in the short term — U.S. stocks and U.S. bonds posted gains for the week…. Read More

  • Closing a Retirement Income Gap

    By: Thad Ismart  |  CFP® Senior Financial Planner When you determine how much income you’ll need in retirement, you may base your projection on the type of lifestyle you plan to have and when you want to retire. However, as you… Read More

  • How Much Annual Income Can Your Retirement Portfolio Provide?

    By: Rob Carpenter | President & CEO Your retirement lifestyle will depend not only on your assets and investment choices, but also on how quickly you draw down your retirement portfolio. The annual percentage that you take out of your… Read More

  • The Markets (as of market close September 16, 2016)

    Volatility in the markets reigned last week as each of the indexes enjoyed gains early in the week, only to give most of them back by last week’s end. The Dow and S&P 500 closed last week only slightly ahead… Read More

  • The Markets (as of market close September 9, 2016)

    The Markets (as of market close September 9, 2016) Equities indexes rebounded early last week as lackluster economic reports in the labor and manufacturing sectors, coupled with a falling dollar, appear to be fueling speculation that the Fed won’t be… Read More

  • The Markets (as of market close September 2, 2016)

    Trading continues to be light heading into the Labor Day weekend. Stocks finished modestly higher for the week, buoyed by last Friday’s favorable employment report. The price of crude oil (WTI) closed at $44.36 a barrel last week, down from $47.33… Read More

  • The Markets (as of market close August 26, 2016)

     As the “dog days” of summer drag on, trading continues to be relatively light. Oil prices fell at the beginning of last week amid rumors that Iraq may up its oil exports, prompting stocks to retreat. While stocks rallied midweek,… Read More

  • The Markets (as of market close August 19, 2016)

    By the close of last Monday, the Dow, S&P 500, and NASDAQ each had reached record highs for the second time in the past week, only to retreat by Tuesday’s close. The dollar lost value against the euro, yen, and pound on… Read More

  • The Markets (as of market close July 29, 2016)

    GDP growth rate for the second quarter, earnings reports from some key companies, as well as the large cap market indexes all cooled off last week.  The tech-based NASDAQ and the small-cap Russell 2000 each posted weekly gains, with the… Read More

  • The Markets (as of market close July 22, 2016)

    The S&P 500 reached a record high last Friday while other major indexes posted marginal gains over the prior week. Equities have demonstrated a positive trend over the past several weeks. The NASDAQ eclipsed its previous high only to slip… Read More

  • BWFA Portfolio Statements-A New Look

    By Meghan Manas | Director, Client Services After much careful consideration and deliberation, we have revamped the client portfolio statements that clients receive in BWFA quarterly mailings. Based on feedback and suggestions from clients and members of BWFA’s Client Advisory… Read More

  • Community Spotlight; Mannequart 2016 Sculptural Art Competition

    The 4th annual manneqart sculptural artworks competition now underway in howard county, has once again attracted amazing “sculpture on the human form” from around the u.s. This year’s competition features new artworks from 20+ states, including pieces created for New Zealand’s… Read More

  • Nearing Retirement?

    By Robert Carpenter | President & CEO If you’re within 10 years of retirement, you’ve probably spent some time thinking about this major life change. The transition to retirement can seem a bit daunting, even overwhelming.  If you find yourself… Read More

  • Selling Your Business to Another Corporation

    By Brian MacMillan | Managing Director Once you have decided to sell your business, one of your most important jobs will be finding a buyer and getting the best possible deal. A merger & acquisition advisor can help you evaluate different kinds of potential buyers… Read More

  • Estate, Gift, and GST Taxation and Trusts

    HOW ARE TRUSTS TREATED FOR FEDERAL ESTATE, GIFT, AND GST TAX PURPOSES? A trust is created when you (the grantor) transfer property to a trustee for the benefit of a third person (the beneficiary). The act of transferring property to a trust is generally treated no… Read More

  • Growth and Value: Investments that May Appeal to Millennials

    Whether an investor calls himself a value or a growth investor, both the business’ growth potential and its valuation are always relevant. When seeking appropriate investments for client portfolios, the valuation of the applicable security is always assessed. However, the company’s potential for growth factors into the determination… Read More

  • Investor, Know Thyself: How your Biases Can Affect Investment Decisons

    By Joesph Manfredi | MBA Chief Operating Office, Senior Portfolio Manager Traditional economic models are based on a simple premise: people make rational financial decisions that are designed to maximize their economic benefits. In reality, however, most humans don’t make decisions based on a sterile analysis… Read More

  • The Rule of 72 — Finally, a Rule our Kids Will Love!

    By Chris Kelly | CPA, CFP®, M. ACCY Financial Advisor and Portfolio Manager It all began in 1988, the year of my 13th birthday, the year in which I was finally allowed to crack open my first ever piggy bank. This was no ordinary piggy bank…. Read More

  • Establishing a Financial Safety Net

    By Thad Ismart  |  CFP® Senior Financial Planner In times of crisis, you do not want to be shaking pennies out of a piggy bank. Having a financial safety net in place can ensure that you are protected when a financial emergency arises. One way… Read More

  • The Dangers of Hindsight Bias

    After an event has occurred, we have a tendency to see the event as having been predictable, even if we had little or no objective means for predicting it. This concept is referred to as hindsight bias or the knew-it-all-along… Read More

  • Be Careful About Averaging Down

    The concept of averaging down, or adding more shares to an existing security position when the price falls, is well known to many investors. In fact, some of history’s best investors have added considerable wealth by adding to positions that… Read More

  • Reveal Your Inner Skeptic

    Behavioral finance tries to address those psychological traps that are confronted while making decisions under uncertainty, such as those investors make when deciding to buy or sell securities. In the past we have talked about behavioral biases such as myopic… Read More

  • Running a Paperless Office

    By: Meghan Manas | Director, Client Services One of BWFA’s goals in 2016 is to move toward becoming a more paperless office. here are a few of the benefits that are motivating our move to a more paperless environment: EASY… Read More

  • Top 10 Tax Strategies

    Filing your tax return is a once-a-year event, but there are things you can do throughout the year to help reduce your tax burden and protect your assets. BOOST YOU RETIREMENT SAVINGS One of the best ways to lower your… Read More

  • Preparing For The Due Diligence Process

    By: Brian Macmillan | Managing Director Mergers & Acquisitions When selling a business, the due diligence process can be long and tedious. In some cases, the amount of time involved and the amount of information requested by a buyer and its advisors can cause… Read More

  • Live Long and Prosper

    By: Joseph Manfredi, MBA | Chief Operating Officer / Senior Portfolio Manager Living longer is a goal for many people, but living well as you age should be equally important. After all, what is the point of living until you are 100 if you cannot enjoy those… Read More

  • Thinking Fast and Slow

    In 2011, Daniel Kahneman, who shared the Nobel Prize in Economic Sciences in 2002, published his best-selling book, Thinking Fast and Slow. The book summarizes the decades of research he performed, often in collaboration with Amos Tversky. The broad theme of his research is that human beings… Read More

  • Investment Patience is a Virtue

    By: Chris Kelly, CPA, CFP®, M. Accy | Financial Advisor and Portfolio Manager Patience is defined as “the capacity to accept or tolerate delay, trouble, or suffering without getting angry or upset.” eighteenth century philosopher, Jean-Jacques Rousseau once said, “patience is bitter, but… Read More

  • Target-Date Funds: A Good Choice For Retirement Accounts?

    By: Joseph Caputo | Chief Information Officer & Associate Portfolio Manager   Over the years, target-date mutual funds have made their way into many investors’ portfolios, particularly 401(k)s and other types of employer-sponsored retirement plans. Perhaps one reason for their popularity is that they seem… Read More

  • Annuities: Guaranteed Return? Take a Closer Look!

    By: Thad Ismart, CFP® | Senior Financial Planner Planning for retirement can be stressful, especially when you see huge swings in the value of your retirement and investment accounts. It is during these times of volatility that investors are often presented with investment opportunities that may seem too… Read More

  • Millennials and Estate Planning: How to Get Started

    By: Robert G. Carpenter President & CEO   Millennials stand to inherit about $41 trillion from their baby boomer parents over the next four decades, representing the single largest intergenerational wealth transfer in the history of the US. Many parents wonder whether… Read More

  • What Happened to Capital Spending?

    Although the U.S. economy has been in expansion mode for much of the last seven plus years, U.S. businesses are spending less on buildings, equipment and software than they have historically. The data tells us that companies are reducing their… Read More

  • A Bull Market Retrospective

    On Monday, March 9, 2009, the S&P 500 Index closed at 676.53, representing that index’s lowest close in more than a decade. On the previous Friday, the index touched its low (666.79) in a bear market that seemed like it… Read More

  • Share Buybacks: Time to Pay the Piper?

    Over the past few years, many U.S. companies have borrowed heavily. However, many companies have used these funds to repurchase their shares instead of investing them to spur future growth. According to FactSet, the dollar value of share repurchases amounted… Read More

  • Would a Time Machine Make Investing Easier?

    If you remember the movie Back to the Future II you will recall that Biff goes to the future and steals a Sports Almanac. He then returns to the past and gives it to a younger version of himself. Young Biff used… Read More

  • Mea Culpa

    In many ways, the hardest decision investors have to make is whether (or when) to sell a stock, especially if it is sold at a loss. After all, selling at a loss means admitting that you made a mistake. In… Read More

  • A Look at the U.S. Economy

    January was certainly a turbulent month for investors. The S&P 500 Index declined 5.1%, its worst month since August. Daily stock-trading volumes were above normal levels, as the most shares changed hands since August 2011. Of course, two weeks ago,… Read More

  • Time to Take a Deep Breath?

    After declining on seven of 2016’s first 12 trading days, the S&P 500 Index closed Wednesday down a little more than 9% year-to-date and almost 13% from its all-time high last May. (It was down nearly 15% from its record… Read More

  • When Should Performance Be Assessed?

    We hope that all of you who are reading this commentary are enjoying the holiday season and getting an opportunity to spend time with friends and family. Happy Holidays to all! As we approach year end, we are reminded that… Read More

  • BWFA’s Senior Financial Planner Featured in Business Montly

    Thad Ismart, CFP®, BWFA’s Senior Financial Planner, was featured in the November edition of  Business Monthly  discussing preparing for the unexpected and considering long-term health care options. Click here to read the full article.

  • Investing: Patience Needed

    If you are a parent, it is likely that you have told your children that “patience is a virtue.” It is quite possible that you have reminded yourself of the merits to practice the art of patience when you are… Read More

  • Teamwork: The Sport of Rowing…And Your Team At BWFA!

    By:  Joseph Manfredi, MBA Chief Operating Officer and Senior Portfolio Manager Here at Baltimore-Washington Financial Advisors our coordinated team approach to serving our clients, parallels the disciplined, synchronized efforts required in the sport of rowing, which happens to be my passion. The… Read More

  • The Importance of Consolidating Assets

    There are many reasons why investors hold assets at multiple institutions. An individual might have left a 401(k) behind after a job change, retained accounts established for various reasons at different life stages, or received a gift of stock certificates or other assets from a relative…. Read More

  • BWFA Fourth of July 2015

    Fireworks – Fun – Photo Booth A great time was had, and captured, by all at the BWFA Fourth of July Celebration!

  • BWFA Family News!

    BWFA’s Director of Client Services, Meghan Manas and her husband Eric, welcomed Ezra on August 18, 2015. Congrats to the new family!

  • 2 Miles for 2 Hears Memorial Race 2015

    By:  Meghan Manas | Director, Client Services This year BWFA was again proud to be a sponsor for the 2 Miles for 2 Hearts Memorial Run held on August 29th in Ellicott City. In 2012, Elizabeth “Liz” Nass and Rose Mayr, lost… Read More

  • Want To Know More About That? Come To A BWFA Workshop!

    By:  Sandy Hornor | Managing Director, Wealth Management At BWFA, we strive to provide our clients with competent, ethical, and affordable guidance that enables them to make smart financial decisions. In an effort to expand the depth of our education-based approach, in 2015 we significantly… Read More

  • Taxes: Where We All Stand…Where Do You Stand

    By: Benjamin Dorsey, CPA, CFP®, CDFA™, MST | Director of Ta x Services Each year after September, the IRS releases preliminary data for the previous filing year’s tax returns. The most recent publication reports tax return data for returns processed for tax year 2013 (2014 preliminary data… Read More

  • Value Drivers For Businesses

    By:  Brian MacMillan | Managing Director M&A What enables owners of small- and medium-sized businesses to differentiate themselves from others in their industries? Most privately held businesses are valued based on a multiple of earnings or, in some cases, revenue. However, intangible value drivers can make a… Read More

  • The Impact of Changing Demographics On The Housing Market

    By: Philip Weiss, CFA, CPA Chief Investment Analyst Recent trends typically have little impact on BWFA’s search for potential investments or our analysis of securities we already hold for our clients. We are more interested in trying to identify long-term or secular changes to the economy… Read More

  • Do You Really Want To Beat The Market?

    By: Joseph Caputo Chief Informa tion Officer & Associate Portfolio Manager All investors want their portfolios to do well, and of course we all would love to“beat the market.” But at what cost? How much risk are you willing to take? COMPARING APPLESTO… Read More

  • Long-Term Care Expenses in Retirement

    Thad Ismart, CFP® Senior Financial Planner More than 70% of people over the age of 65 will need some sort of long-term care during their lifetime. In addition, there is a 40% chance that you will enter a long-term care facility if you reach the age… Read More

  • BWFA Family of Clients Continues to Grow Throughout USA and Abroad

    By: Rob carpenter I President & CEO “Better Solutions. Better Service. Better Results.” BWFA always strives to make client relationships both impactful and meaningful. Those relationships are usually formed by in-person meetings with BWFA’s team of advisors. Putting clients first by providing great… Read More

  • Continued Market Volatility Seems Likely

    Up until about two weeks ago, the S&P 500 Index had traded in a relatively narrow range for all of 2015. In fact, the first day that the S&P closed more than 4% above or below the level at which… Read More

  • Thoughts about Capital Spending

    Typically when the economy expands, there is a sharp upswing in corporate investment in new machines, factories and technologies. With the current expansion proceeding at a more measured pace, capital spending has not boomed. Economists and policy makers around the… Read More

  • Should Investors Run for the Hills?… No

    Last week’s market performance was tough on investors. On Friday, the S&P 500 stock index fell 3.2% completing the market’s worst week since 2011. That put the market roughly 7.5% below its recent peak on May 21. It was also… Read More

  • The Possible Impact of China’s Currency Devaluation

    Last week China decided to devalue its currency in an effort to boost its economy. We do not often write about the latest economic or market news because we find it too hard to predict with any degree of certainty what… Read More

  • BWFA’s Chief Investment Analyst Interviewed on MoneyLife Market Talk

    BWFA’s Chief Investment Analyst, Philip Weiss, CFA, CPA, was recently interviewed by Chuck Jaffe.  They discuss BWFA’s recent Weekly Economic Update, “Why We Rarely Discuss What Might be Next for the Market.”  on MoneyLife Market Talk.

  • Do Earnings Surprises Mean Much?

    In July and August of each year, most public companies report their second-quarter earnings. If you read or listen to media reports discussing the quarter’s results, you will likely find commentary discussing whether or not results exceeded analyst consensus estimates…. Read More

  • Chris Kelly, Financial Planner & Portfolio Manager published in The Business Monthly!

    Chris Kelly, CFP®, CPA, M.Accy was published in the August edition of Business Monthly  discussing the four questions every do-it-yourself investors should ask. Click here to read the full article.

  • The Darker Side of International Tax Planning

    Companies often go to great lengths to reduce their tax bills. They may transfer activities and/or tangible or intangible property to countries with lower tax rates. They may also maintain a legal structure that can minimize taxes and facilitate the… Read More

  • The Number of U.S. Public Companies is Shrinking

    The number of publicly listed companies trading on U.S. exchanges has fallen by nearly half from its 1996 peak. In fact, since then, it has fallen in every year except 2014.   In May, Craig Doidge, G. Andrew Karolyi and… Read More

  • Why We Rarely Discuss What Might Be Next for the Market

    How much time should investors allocate to trying to answers questions such as these? Where is the market headed? What action will the Fed take next? When will interest rates change and by how much? Will the US dollar continue… Read More

  • Mergers, Buybacks and Dividends, “Oh My!”

    Companies continue to allocate significant amounts of capital to share repurchases and dividends. This trend has largely been in place since 2009’s third quarter. More recently, companies have significantly ramped up merger and acquisition activity as well. Source: Standard &… Read More

  • BWFA Hires New Chief Operating Officer

    BWFA recently announced that Joseph Manfredi has joined the firm as chief operating officer and senior portfolio manager.

  • Passing the Torch: Critical Conversations with your Adult Children

    On Thursday, April 23, BWFA hosted Bob Mauterstock, author of Passing the Torch: Critical Conversations with Your Adult Children, for an insightful discussion. According to feedback from our guests, this was one of BWFA’s best seminars yet! Mauterstock’s book will… Read More

  • What is BWFA Doing to Protect Data?

    In our ever-changing technological landscape, new threats to cybersecurity are constantly arising. Businesses must evaluate and re-evaluate measures they can take to reduce the risk of cyber-attacks that could lead to theft or data loss. They must be especially vigilant… Read More

  • Fun Tax Facts

    April 15 is our annual “anti-holiday”—the date we love to hate. Many Americans dread that day each year because of the misconception that individual tax returns must be filed by then. Actually, only a rough estimate of what you owe… Read More

  • Should You Sell Your Business Now?

    If you are a business owner, selling your business will most likely be the most impactful financial decision in your life. Deciding when to sell is difficult. Below, we have outlined some reasons why selling now may be the right move for… Read More

  • Omaha in Early May is a Must See… For Investors

    BACKGROUND Fifty years ago, an investment partnership controlled by Warren Buffett acquired control of Berkshire Hathaway Inc. (BRK), a struggling textile manufacturer. Buffett has been BRK’s Chief Executive Officer since 1970. He is a legend among value investors—and for good… Read More

  • Four Questions Every Do-It-Yourself Investor Should Ask

    Many years ago, a potential client asked me, “Why do I need you to manage my money, when I can do it myself?” This question comes up frequently. Although I fully understand the numerous benefits of professional investment management, I… Read More

  • Unanswered Retirement Questions? BWFA Can Help

    Baby boomers are retiring—or being forced to retire—at alarming rates. And this unprecedented rate of workers leaving their jobs is redefining what we mean by the word “retirement.” Many of these aging boomers aren’t quite prepared to handle the options that… Read More