It’s the time of year when many new college graduates are beginning the next phase of their lives and starting their first full-time jobs. Although this is an exciting time with newfound independence, it may be the first time they are responsible for their own finances. Klingenstein Fields Advisors (KF Advisors) is a resource your […]
NEW YORK, N.Y., June 27, 2022 — Klingenstein Fields Advisors (KF Advisors) is excited to announce the opening of an office in West Palm Beach to serve the south Florida market. The establishment of a physical presence in south Florida demonstrates the firm’s long-standing commitment to the market and provides a home base from which […]
It’s that time of year again when we all dream of getting away for a break. Now that a negative COVID test is no longer required when flying to the U.S. from abroad (effective June 12, 2022), the sky is the limit! But remember that some countries may still require testing or proof of COVID-19 […]
The Consumer Price Index (CPI) data released on June 10th showed U.S. inflation remains stubbornly high. This reading of 8.6% Year over Year (YOY) was only slightly more than expected, and only slightly above the prior month’s YOY figure. Nevertheless, the increase raised concerns about how long inflation will remain elevated, and to what degree the […]
Our June Investment Outlook discusses the prospects for economic growth and potential for recession in the U.S. and internationally, the inflation outlook, factors causing uncertainty and volatility, and our outlook for the month.
The willingness of workers to leave their jobs, referred to in the media as the Great Resignation, the Big Quit, and the Great Reshuffle, has never been so high. Over the past two or so years, the job resignation rate in the U.S has been on an upward trend, after dropping sharply during the beginning […]
Our May Investment Outlook discusses current market volatility, the outlook for inflation, Federal Reserve actions, and our outlook for the month.
On May 4, 2022, the Federal Open Market Committee (FOMC), as expected, announced a 0.50% increase in the overnight Fed Funds rate in response to increasing pressure to control inflation. While the markets initially reacted positively, this was followed by a sharp downturn, and we anticipate ongoing volatility as the markets and the economy absorb […]
Many of our clients contemplate the best approach to initiate conversations about wealth and other financial topics with the next generation. This can often be a difficult and uncomfortable topic to navigate, particularly for decisions concerning when to begin to instill financial responsibility in children. While every family and situation is unique, our experience working […]