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You are here: Home / Articles & Videos / Monday Update by Kevin Ellman

Monday Update by Kevin Ellman

~ About Kevin Ellman, CFP ®

April 27, 2020

Compared to what so many people are going through, we are being mildly inconvenienced.  I start each day with a moment of gratitude.  Thank you!  Between Zoom, GoToMeeting, Facebook Messenger, and FaceTime, we are able to stay in touch with our clients, staff, family, and friends.  This past week I attended my high school reunion on Zoom.  In some ways, I think we are doing a better job of staying in touch.
 
With the extra time on my hands, I have explored some of the digital reporting and analysis tools we have at our disposal.  Instead of having to ask someone to produce a report for me, I can now get essential portfolio information in seconds. Our productivity continues to improve.
 
You read in the papers how this crisis will drive the adoption of digital tools, well we are living it!
 
I believe we are now at the end of the beginning and are now entering the beginning of the end of this crisis.  Many states including NY are now making plans to reopen.  Of course, a setback is possible but I see a positive trend.  The stock market seems like it is looking past this current crisis and assessing how 2021 will look.  Our economic team supports this view.  At the same time, the real economy will take longer to heal and put everyone back to work.  It remains to be seen what will be the longer-term impact of our increased national debt.  
 
Our daily routine is to review each and every Portfolio one at a time to assess:
 
* Cash Flow Requirements, 
* Re-balancing Considerations,           
* Dividend Strategies
* Tax-loss Harvesting Opportunities.
 
We are positioning for recovery and a return to growth in 2021.  We’ll see you soon on GoToMeeting!


Kevin Ellman
CEO, CFP® Wealth Preservation Solutions
Personal Family Office / 360 Wealth Management

Securities offered through Kestra Investment Services, LLC (Kestra IS), member FINRA/SIPC. Investment advisory services offered through Kestra Advisory Services, LLC (Kestra AS), an affiliate of Kestra IS. Wealth Preservation Solutions is not affiliated with Kestra IS or Kestra AS. Kestra IS and Kestra AS are not affiliated with any other entity listed herein.

Investor Disclosures: https://bit.ly/KF-Disclosures

This article is for informational purposes only and is not intended as an offer or solicitation for the sale of any financial product or service or as a determination that any investment strategy is suitable for a specific investor. Investors should seek financial advice regarding the suitability of any investment strategy based on their objectives, financial situations, and individual needs. This article is not designed or intended to provide financial, tax, legal, accounting, or other professional advice since such advice always requires consideration of individual circumstances.

Exit Planning content © copyright Pinnacle Solutions. All rights reserved. Beri™ and ODI™ are trademarks of Pinnacle Solutions.

About Kevin Ellman, CFP ®

As a financial advisor for over 25 years, Kevin Ellman provides the full array of financial, estate, and retirement planning services to high net-worth business owners, families, executives, and individuals. He has appeared as a financial commentator on CNBC (Morning Call, Portfolio Make-Over, Make Your Money Work, Power Lunch), and on ABC, and has been quoted in Business Week, CBS Market Watch, Fortune Magazine and The Wall Street Journal. Learn more about Kevin Ellman...

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Kevin Ellman Podcast

Work. Life. Money. Insights by Kevin Ellman CFP
Work. Life. Money. Insights by Kevin Ellman CFP
Kevin Ellman, Certified Financial Planner, shares the stories of his life as the foundation for his outlook on the economy, market, and current events. Please see website for additional disclosures at https://wealthpreservationsolutions.com/kevin-ellman-cfp-podcast/

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Episode #8: Kevin Ellman Certified Financial Planner: Markets don’t like uncertainty… Looking ahead to 2021 and beyond…
by Kevin Ellman, Certified Financial Planner

What do we do? How do we plan? Should we wait? We all have a lot of questions as it relates to our current plan and the effect the upcoming election may have. Listen in to hear Kevin’s perspective on what to expect, how to prepare now and most importantly, how to be ready to move in the best direction for your plan…

For your free copy of Kevin’s book, The 7 Biggest Money Mistakes People Make and How to Avoid Them, text WEALTH to 88799.

Contact Kevin Ellman, Certified Financial Planner at https://wealthpreservationsolutions.com/about-us/kevin-ellman-certified-financial-planner/

Please see website for additional disclosures at https://wealthpreservationsolutions.com/kevin-ellman-cfp-podcast/

Thanks for listening! Please share and subscribe to the show.

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Securities offered through Kestra Investment Services, LLC (Kestra IS), member FINRA/SIPC. Investment advisory services offered through Kestra Advisory Services, LLC (Kestra AS), an affiliate of Kestra IS. Wealth Preservation Solutions is not affiliated with Kestra IS or Kestra AS.

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