Investors' Insights and Market Updates

Credit Cards Flash a Warning Recent data highlights potential strain within the consumer sector. Three of the eight leading economic indicators we monitor are signaling concern, and one area drawing particular attention is credit card delinquencies. The percentage of Americans delinquent by 90 days or more has surpassed 12 percent, a level not seen since the Great Financial Crisis in 2009. Consumers have been a major engine for economic growth, supported by job strength and rising incomes. However, the question now is whether that momentum has come at the cost of greater debt stress. Rising delinquencies paired with potential increases in layoffs could signal pressure ahead. While layoff announcements surged earlier this year and have since stabilized, the underlying trend will be watched closely. Should credit challenges coincide with renewed job losses, the combination could pose a meaningful headwind for both the economy and the markets. A Shift Toward Monetary Easing On the policy front, the Federal Reserve has taken a significant step by preparing to end quantitative tightening on December 1. Since 2022, the Fed has reduced its balance sheet by allowing bonds to roll off without reinvestment. As this reverses, maturing bonds will once again be reinvested, adding liquidity back into the system. While not framed as a formal rate cut, the liquidity impact of this change is roughly equivalent to a 25-basis-point easing move. The shift marks a meaningful pivot from the aggressive tightening cycle aimed at battling inflation. Additionally, consumers are expected to feel a positive boost from tax policy. Average tax refunds for 2026 are estimated to be approximately $1,000 higher per filer than in 2025, a roughly 43 percent increase and the largest jump since the post-COVID period. These factors may help offset the rising credit stress noted earlier, offering a counterweight of monetary support and consumer stimulus. Confidence from Corporate Performance Alongside policy decisions, financial markets are navigating a temporary gap in federal economic reporting due to a government shutdown. While this limits macro data visibility, clarity remains strong at the corporate level. Roughly 62 percent of S&P 500 companies have reported third-quarter earnings, with growth exceeding expectations. Instead of the anticipated 9-10 percent earnings increase, companies are delivering above 14 percent growth. Ten of the eleven major sectors are outperforming forecasts, underscoring resilience across the business landscape. This solid corporate performance contrasts with mixed macroeconomic headlines and uncertainty about future Federal Reserve decisions. While Fed Chair Jerome Powell has noted that policy direction remains uncertain given the lack of current government data, the strength in corporate fundamentals provides a constructive backdrop for the broader economy and markets heading into 2026. Greg Powell, CIMA® President and CEO Wealth Consultant Email Greg Powell here Bobby Norman, CFP®, AIF®, CEPA® Managing Director Wealth Consultant Email Bobby Norman here Trey Booth, CFA®, AIF® Chief Investment Officer Wealth Consultant Email Trey Booth here Ty Miller, AIF® Vice President Wealth Consultant Email Ty Miller here   Fi Plan Partners is an independent investment firm in Birmingham, AL, with a team of professionals serving clients across the nation through financial planning, wealth management and business consulting. The team at Fi Plan Partners creates strategies in the best interest of their clients using fee based investing. The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly. Economic forecasts set forth in this presentation may not develop as predicted. No strategy can ensure success or protect against a loss. Stock investing involves risk including potential loss of principal. Securities and advisory services offered through LPL Financial, Member FINRA/SIPC and a registered investment advisor.The post How About Those Credit Cards? first appeared on Fi Plan Partners.

In our newest episode of Innovation Mavericks, Greg Powell sits down with Pam Smith, owner of Classic Travel by Pam, recently named Hoover’s Best Travel Agency and Best Travel Agent 2025. Pam shares how she turns travel planning into an art form, taking the stress out of every trip while delivering unforgettable, perfectly tailored experiences for her clients. Tune in to hear her secrets for seamless travel, expert planning, and why innovation matters in this industry. Watch to learn more. Greg Powell, CIMA® President and CEO Wealth Consultant Email Greg Powell here   Fi Plan Partners is an independent investment firm in Birmingham, AL, with a team of professionals serving clients across the nation through financial planning, wealth management and business consulting. The team at Fi Plan Partners creates strategies in the best interest of their clients using fee based investing. The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly. Economic forecasts set forth in this presentation may not develop as predicted. No strategy can ensure success or protect against a loss. Stock investing involves risk including potential loss of principal. Securities and advisory services offered through LPL Financial, Member FINRA/SIPC and a registered investment advisor.The post The Art of Effortless Travel: Insights from Classic Travel by Pam first appeared on Fi Plan Partners.

Tracking Economic Health: The Recession Checklist With headlines focused on government shutdowns, slowing consumer spending, and questions about the direction of the economy, now is the perfect time to revisit our recession checklist, an essential tool we use weekly to evaluate the economy’s health. This checklist functions like a diagnostic report, monitoring key leading indicators such as GDP growth, employment trends, consumer confidence, and manufacturing activity. Currently, three of the eight indicators we track are signaling caution: housing, consumer expectations, and manufacturing. Housing permits have lost momentum amid elevated rates, though we expect improvement as rates ease. Consumer expectations have weakened due to political uncertainty and stubborn inflation, while manufacturing continues to be pressured by ongoing tariff issues. Even so, the broader data remains resilient. Corporate earnings continue to come in strong, a crucial factor supporting equity markets. As we navigate these mixed signals, our focus remains on identifying whether economic softness is temporary or the start of a longer trend. Reading the Fed’s Next Move As the Federal Reserve prepares to meet this week, markets seem surprisingly quiet. That silence itself is worth noting, historically, it’s often the events investors aren’t watching that deliver the biggest surprises. We expect the Fed to announce a 25-basis-point rate cut. However, the more important question is what happens next. When the Fed adjusts rates, it’s setting the price of time, balancing what savers earn and what borrowers pay. Last year, a rate cut hurt savers without helping borrowers, as long-term rates rose. This year, we’re beginning to see improvement: mortgage rates and 10-year Treasury yields have both edged lower, signaling better alignment between short- and long-term rates. For the economy to benefit, this downward movement must continue. Lower long-term rates stimulate borrowing, business investment, and housing, key engines of growth. As we monitor the Fed’s actions, our checklist ensures we’re watching not just policy decisions, but their ripple effects across savings, lending, and economic expansion. The Federal Deficit and Quantitative Tightening Another important factor shaping the economic outlook is the federal deficit. The government’s fiscal year recently closed on September 30, and the numbers show a deficit of $1.775 trillion, still enormous, but slightly improved. The figure is $41 billion smaller than last year’s deficit and $34 billion lower than prior projections. While the improvement is incremental, progress is progress. Looking ahead, tax policy changes and improved revenue collection could help narrow the gap further over the next several years. In addition to fiscal policy, we’re closely watching the Federal Reserve’s approach to quantitative tightening (QT), the process of reducing its balance sheet by allowing bonds to mature without reinvestment. If the Fed signals a slowdown or end to QT, that could inject more liquidity into the financial system, a historically positive development for equity markets. As we move into the final quarter of the year, we’ll be paying close attention not just to rate decisions, but also to balance sheet policy, both critical to market stability heading into 2026. Greg Powell, CIMA® President and CEO Wealth Consultant Email Greg Powell here Bobby Norman, CFP®, AIF®, CEPA® Managing Director Wealth Consultant Email Bobby Norman here Trey Booth, CFA®, AIF® Chief Investment Officer Wealth Consultant Email Trey Booth here Ty Miller, AIF® Vice President Wealth Consultant Email Ty Miller here   Fi Plan Partners is an independent investment firm in Birmingham, AL, with a team of professionals serving clients across the nation through financial planning, wealth management and business consulting. The team at Fi Plan Partners creates strategies in the best interest of their clients using fee based investing. The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly. Economic forecasts set forth in this presentation may not develop as predicted. No strategy can ensure success or protect against a loss. Stock investing involves risk including potential loss of principal. Securities and advisory services offered through LPL Financial, Member FINRA/SIPC and a registered investment advisor.The post These Checklists Don’t Lie first appeared on Fi Plan Partners.

In this week’s episode of Innovation Mavericks, Greg Powell sits down with John Bentley, founder of Power 2 Transform, to explore how true leadership begins with self-leadership. After 21 years in the Air Force and a powerful personal journey of renewal, John shares how discipline, accountability, and emotional awareness can unlock both personal and organizational success. He also opens up about the foundation he launched in memory of his daughter and his upcoming book, I Lead Me, focused on helping others realize their potential. Don’t miss this moving conversation about resilience, growth, and what it really means to lead yourself so you can lead others. Watch to learn more. Greg Powell, CIMA® President and CEO Wealth Consultant Email Greg Powell here Fi Plan Partners is an independent investment firm in Birmingham, AL, with a team of professionals serving clients across the nation through financial planning, wealth management and business consulting. The team at Fi Plan Partners creates strategies in the best interest of their clients using fee based investing. The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly. Economic forecasts set forth in this presentation may not develop as predicted. No strategy can ensure success or protect against a loss. Stock investing involves risk including potential loss of principal. Securities and advisory services offered through LPL Financial, Member FINRA/SIPC and a registered investment advisor.The post Discovering How to Lead Yourself in Order to Lead Others: Insights with John Bentley first appeared on Fi Plan Partners.

Corporate Profit Margins and Market Valuations In recent months, market valuations have drawn renewed attention as investors question whether current price levels are sustainable. A closer look, however, reveals that strong corporate profitability continues to support elevated valuations, particularly in the S&P 500, where profit margins remain near all-time highs. The technology sector now represents a larger share of the S&P 500 than at any point in history. This shift, combined with robust earnings performance, helps justify today’s higher valuation metrics. Historically, there has been a positive correlation between profit margins and the index’s price-to-earnings (P/E) ratio. When profit margins rise, valuations tend to follow. Despite economic headwinds and investor concerns about stretched valuations, corporate America remains fundamentally healthy. Strong profit margins signal that companies are efficiently managing costs and generating solid earnings, which in turn support dividend growth and shareholder value. As third-quarter earnings season unfolds, early reports continue to reinforce this positive trend. Tariffs and the Road Ahead While profits are buoying the market, another force continues to stir uncertainty: tariffs. In early November, the U.S. Supreme Court will hear arguments that could shape how tariffs are implemented in the future. Importantly, this case does not determine whether tariffs can exist, but rather how they are applied under existing law. Lower courts, including the Court of International Trade and the Court of Appeals for the Federal Circuit, have previously ruled against the current administration’s implementation of tariffs. The Supreme Court’s upcoming review will focus on whether the current approach exceeds executive authority. A final decision likely won’t arrive until the first quarter of next year. If the Court rules that the administration has overstepped, temporary measures under “Section 122” could be enacted, allowing tariffs up to 15% for about 150 days, while more permanent rules are developed under “Section 301.” Unlike Section 122, Section 301 has no maximum rate and could reestablish tariff levels closer to where they stand today. The implications for global trade are significant. A short-term dip in tariff revenue, from roughly $376 billion to $285 billion, would represent a brief adjustment period while longer-term policies are crafted. However, the broader concern is not about specific product categories like semiconductors or automobiles, but about the overarching framework of tariff authority itself. Greg Powell, CIMA® President and CEO Wealth Consultant Email Greg Powell here Bobby Norman, CFP®, AIF®, CEPA® Managing Director Wealth Consultant Email Bobby Norman here Trey Booth, CFA®, AIF® Chief Investment Officer Wealth Consultant Email Trey Booth here Ty Miller, AIF® Vice President Wealth Consultant Email Ty Miller here   Fi Plan Partners is an independent investment firm in Birmingham, AL, with a team of professionals serving clients across the nation through financial planning, wealth management and business consulting. The team at Fi Plan Partners creates strategies in the best interest of their clients using fee based investing. The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly. Economic forecasts set forth in this presentation may not develop as predicted. No strategy can ensure success or protect against a loss. Stock investing involves risk including potential loss of principal. Securities and advisory services offered through LPL Financial, Member FINRA/SIPC and a registered investment advisor.The post Profits and Tariffs: A Deeper Dive first appeared on Fi Plan Partners.

Understanding Market Valuations Recent surveys indicate that 91% of fund managers believe U.S. stocks are overvalued, while emerging markets are considered undervalued. Historically, market pullbacks often occur when investors are least expecting them, rather than when caution is high. Significant changes in market composition have contributed to elevated valuation multiples. Technology companies now represent approximately 25% or more of the S&P 500, compared to just 10% in the 1970s. Technology companies typically experience faster growth and trade at higher price-to-earnings multiples, while sectors such as consumer staples, energy, and utilities have declined in index representation. This structural shift helps explain why elevated market multiples have persisted for longer periods in the current market environment. An important metric for evaluating market health is the performance of consumer discretionary stocks relative to consumer staples. In a strong bull market, discretionary spending should rise faster than staples, reflecting higher consumer confidence and excess income. Despite recent minor pullbacks, this relationship has remained strong, providing insight into overall market valuation trends. The Role of Dividends in Investing Dividends continue to be one of the most efficient ways for companies to return capital to shareholders and are a significant contributor to total investment returns. Out of the 503 companies in the S&P 500, 407 reported distributing cash dividends to shareholders as of October 7, 2025. Over the long term, dividends have accounted for 36.7% of total returns in the S&P 500 since 1928, highlighting their importance in wealth accumulation. Dividend payments also serve as indicators of corporate health. Through the end of September 2025, only seven dividend cuts and one suspension were reported, compared with 11 cuts and two suspensions in the same period the previous year. Dividends can also act as an effective hedge against inflation: while the Consumer Price Index increased by 35.9% over the past decade, total dividends paid by index stocks grew by 80.9% during the same period. Greg Powell, CIMA® President and CEO Wealth Consultant Email Greg Powell here Bobby Norman, CFP®, AIF®, CEPA® Managing Director Wealth Consultant Email Bobby Norman here Trey Booth, CFA®, AIF® Chief Investment Officer Wealth Consultant Email Trey Booth here Ty Miller, AIF® Vice President Wealth Consultant Email Ty Miller here   Fi Plan Partners is an independent investment firm in Birmingham, AL, with a team of professionals serving clients across the nation through financial planning, wealth management and business consulting. The team at Fi Plan Partners creates strategies in the best interest of their clients using fee based investing. The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly. Economic forecasts set forth in this presentation may not develop as predicted. No strategy can ensure success or protect against a loss. Stock investing involves risk including potential loss of principal. Securities and advisory services offered through LPL Financial, Member FINRA/SIPC and a registered investment advisor.The post Market Overvalued? Not so fast… first appeared on Fi Plan Partners.

Momentum Carries into October September is typically known as a difficult month for equities, yet this year it defied that reputation. The broader market ended the month up 3.1%, supported by strong earnings momentum, a resilient economy, and renewed optimism around the Federal Reserve’s rate-cutting cycle. The ongoing surge in artificial intelligence investments also continues to be a powerful catalyst for growth. Historically, October has marked the beginning of one of the best three-month stretches for equities. Since 1950, the S&P 500 has averaged a 4.2% gain from October through December, with positive returns in 80% of those periods. November through January also tends to perform well. While these seasonal patterns are encouraging, it’s important to remember that market performance is ultimately driven by current fundamentals, corporate earnings, policy decisions, and global developments. For now, the data shows strength heading into what is typically one of the market’s most favorable windows. Earnings Season Takes the Stage As the fourth quarter begins, all eyes turn to third-quarter earnings. Current expectations call for nearly 7% growth in S&P 500 earnings, a strong figure that could support continued market gains if companies deliver on it. Two sectors stand out this season: financials and utilities. Financial companies are projected to grow earnings by almost 9%, and much of the focus will be on their commentary around compliance costs. Despite talk of deregulation, few measurable changes have occurred, so investors will be watching to see whether lower compliance expenses begin to show up in reports. Meanwhile, utilities, traditionally a slow-growth sector, are expected to post an impressive 9.7% earnings increase. That surge is largely driven by soaring demand for electricity tied to data centers and AI infrastructure. In Virginia alone, roughly 40% of all electricity consumption now goes to data centers. As these companies navigate growing energy demands, the key question will be how they manage costs so that higher usage from large-scale consumers doesn’t overly impact residential customers. Both sectors are worth watching closely, not just for their immediate results, but for the forward-looking strategies they outline to sustain growth into 2026. Government Shutdown Adds Data Gaps The recently announced government shutdown adds a new layer of uncertainty. While it’s not expected to have a major long-term economic impact, it does create short-term data gaps. Key government reports, such as employment figures and wage data, won’t be released until operations resume, leaving markets with less real-time insight into economic conditions. The latest available labor data suggests that job openings and unemployment are roughly balanced, indicating a stable employment environment. Hiring and layoffs appear to have slowed, suggesting companies are content with current staffing levels. However, once the shutdown ends, there could be temporary distortions in the data. During the 2013 shutdown, some government workers were classified as unemployed despite being paid later for the furlough period. A similar classification could lead to a short-term spike in unemployment figures when new data is released. Investors should be cautious not to overreact; such increases are likely statistical artifacts rather than signs of true weakness. Greg Powell, CIMA® President and CEO Wealth Consultant Email Greg Powell here Bobby Norman, CFP®, AIF®, CEPA® Managing Director Wealth Consultant Email Bobby Norman here Trey Booth, CFA®, AIF® Chief Investment Officer Wealth Consultant Email Trey Booth here Ty Miller, AIF® Vice President Wealth Consultant Email Ty Miller here   Fi Plan Partners is an independent investment firm in Birmingham, AL, with a team of professionals serving clients across the nation through financial planning, wealth management and business consulting. The team at Fi Plan Partners creates strategies in the best interest of their clients using fee based investing. The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly. Economic forecasts set forth in this presentation may not develop as predicted. No strategy can ensure success or protect against a loss. Stock investing involves risk including potential loss of principal. Securities and advisory services offered through LPL Financial, Member FINRA/SIPC and a registered investment advisor.The post October Markets: Trick or Treat? first appeared on Fi Plan Partners.

Did you know Health Savings Accounts (HSAs) allow contributions to bypass payroll, federal, and state taxes. Watch this week’s Educational Insights episode as Mark Hume outlines how HSAs work, who is eligible, and why they are sometimes referred to as offering a “triple tax advantage.” Watch to learn more. Mark Hume, CFP® Senior Vice President Wealth Consultant Email Mark Hume here   Fi Plan Partners is an independent investment firm in Birmingham, AL, with a team of professionals serving clients across the nation through financial planning, wealth management and business consulting. The team at Fi Plan Partners creates strategies in the best interest of their clients using fee based investing. The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly. Economic forecasts set forth in this presentation may not develop as predicted. No strategy can ensure success or protect against a loss. Stock investing involves risk including potential loss of principal. Securities and advisory services offered through LPL Financial, Member FINRA/SIPC and a registered investment advisor.The post The Triple Tax Advantage of an HSA first appeared on Fi Plan Partners.

Housing’s Key Role in the Economy Housing remains one of the most significant drivers of the U.S. economy, representing roughly 18% of GDP and more than one-third of consumer spending. Because of this outsized impact, it also serves as a critical indicator of economic activity and future trends. Recent Federal Reserve rate cuts have prompted questions about whether housing affordability may improve. Signs of a potential turning point are already emerging: new U.S. home sales have spiked while new home prices have trended lower. Lower prices and lower rates are stimulating activity, a positive development for both the housing market and the broader economy. Monitoring this trend throughout the rest of 2025 will be essential. Government Shutdown and Rate Cuts While the housing data is encouraging, potential headwinds remain. Congressional leaders are working to avoid a government shutdown, and although history shows such events have little lasting impact on GDP or markets, they can disrupt the flow of government-produced economic data. This disruption matters because the Federal Reserve has become highly data-dependent. For instance, a key jobs report scheduled for release may be delayed if a shutdown occurs. Without timely data, the Fed’s ability to gauge the economy, and determine whether further rate cuts are needed, becomes more difficult. Recent rate moves illustrate this uncertainty. Leading up to the Fed’s latest meeting, both 10-year Treasury yields and 30-year mortgage rates were falling. After the rate cut, they flattened and even edged higher. While not as dramatic as last year’s spike, the lack of continued downward movement raises questions about the trajectory of borrowing costs, and by extension, housing affordability and federal debt refinancing. The Strength of the U.S. Consumer Despite policy uncertainty, the American consumer continues to show resilience. The latest personal income and consumption report revealed that personal income rose 0.4% in August while spending climbed 0.6%, both exceeding expectations and building on strong June and July data. On a year-over-year basis, personal income is up over 5% and spending more than 5.5%, outpacing inflation running near 2.7%. This strength in household income and spending, which together account for about 70% of the U.S. economy, underscores a confident consumer base fueling growth. This momentum is especially important heading into the final quarter of 2025, when holiday shopping often sets the tone for broader economic activity. Maintaining consumer confidence will be key to sustaining expansion. Greg Powell, CIMA® President and CEO Wealth Consultant Email Greg Powell here Bobby Norman, CFP®, AIF®, CEPA® Managing Director Wealth Consultant Email Bobby Norman here Trey Booth, CFA®, AIF® Chief Investment Officer Wealth Consultant Email Trey Booth here Ty Miller, AIF® Vice President Wealth Consultant Email Ty Miller here   Fi Plan Partners is an independent investment firm in Birmingham, AL, with a team of professionals serving clients across the nation through financial planning, wealth management and business consulting. The team at Fi Plan Partners creates strategies in the best interest of their clients using fee based investing. The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly. Economic forecasts set forth in this presentation may not develop as predicted. No strategy can ensure success or protect against a loss. Stock investing involves risk including potential loss of principal. Securities and advisory services offered through LPL Financial, Member FINRA/SIPC and a registered investment advisor.The post Full House first appeared on Fi Plan Partners.

We are thrilled to welcome Lexie Watts to the Fi Plan Partners team as our new Marketing Manager. In this episode of Team Strategies, she sits down with our President and CEO, Greg Powell, and our COO, Felicia Ludlum, to discuss her passion for using marketing to elevate the client experience and her vision amplifying the Fi Plan Partners brand. Lexie brings a desire for clear, impactful communication and a people-first approach to strategy, helping elevate the client experience across every platform. Watch to learn more. Greg Powell, CIMA® President and CEO Wealth Consultant Email Greg Powell here Felicia Ludlum Chief Operating Officer Email Felicia Ludlum here Lexie Watts Marketing Manager Email Lexie Watts here   Fi Plan Partners is an independent investment firm in Birmingham, AL, with a team of professionals serving clients across the nation through financial planning, wealth management and business consulting. The team at Fi Plan Partners creates strategies in the best interest of their clients using fee based investing. The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly. Economic forecasts set forth in this presentation may not develop as predicted. No strategy can ensure success or protect against a loss. Stock investing involves risk including potential loss of principal. Securities and advisory services offered through LPL Financial, Member FINRA/SIPC and a registered investment advisor.The post Introducing our New Marketing Manager first appeared on Fi Plan Partners.

Navigating Today’s Bull Market The current bull market, which began on October 12, 2022, has now run for 34 months, well below the historical average of 59 months for bull markets since 1928. Although it may feel extended, the data suggests it is still relatively young compared to past cycles and has not yet delivered the triple-digit returns seen in some previous runs. Bull markets are periods characterized by rising prices and investor optimism, typically marked by gains of 20% or more. Historically, these markets must navigate a tug-of-war between positive developments, such as strong corporate earnings, solid consumer spending, and potential rate cuts, and headwinds like tariff concerns and valuation pressures. While there are no guarantees in investing, history indicates that bull markets can persist even amid uncertainty. Seasonal Trends and “966 Days” September has historically been the weakest month for the stock market. However, when September finishes positive, as it has this year, the fourth quarter of the S&P 500 has historically posted average gains of just over 4%, roughly triple the return seen in typical Septembers. While past performance does not guarantee future results, this seasonal trend suggests a constructive outlook for the remainder of the year. Momentum, however, has cooled somewhat. Only about 14% of stocks are currently above their 20-day highs, signaling some consolidation even as the S&P remains in an upward trend. Markets can pause for breath even in strong bull cycles before moving higher. The “966 days” headline underscores a milestone: the Russell 2000 small-cap index recently recorded its first all-time high in 966 days, the third longest gap on record. This marks a key moment in market rotation, as small-cap stocks rejoin the broader bull market. One catalyst has been lower interest expenses following a recent Federal Reserve rate cut, which typically benefits smaller companies that face less favorable credit terms than large-cap firms. The Power of Small Caps Many of today’s market leaders, Apple, Microsoft, Walmart, Amazon, once traded as small-cap stocks. Watching the performance of this segment offers insights into potential future leaders and acquisition targets. With small caps now showing renewed strength, investors gain another encouraging signal for market breadth heading into the fourth quarter.   Greg Powell, CIMA® President and CEO Wealth Consultant Email Greg Powell here Bobby Norman, CFP®, AIF®, CEPA® Managing Director Wealth Consultant Email Bobby Norman here Trey Booth, CFA®, AIF® Chief Investment Officer Wealth Consultant Email Trey Booth here Ty Miller, AIF® Vice President Wealth Consultant Email Ty Miller here   Fi Plan Partners is an independent investment firm in Birmingham, AL, with a team of professionals serving clients across the nation through financial planning, wealth management and business consulting. The team at Fi Plan Partners creates strategies in the best interest of their clients using fee based investing. The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly. Economic forecasts set forth in this presentation may not develop as predicted. No strategy can ensure success or protect against a loss. Stock investing involves risk including potential loss of principal. Securities and advisory services offered through LPL Financial, Member FINRA/SIPC and a registered investment advisor.The post 966 Days first appeared on Fi Plan Partners.

Market ups and downs don’t cancel each other out the way you might think. Watch this week’s Educational Insights episode as Trey Booth explains the “hidden tax” of volatility and why focusing on downside protection can make a major difference in your long-term returns. Watch to learn more.   Trey Booth, CFA®, AIF® Chief Investment Officer Wealth Consultant Email Trey Booth here   Fi Plan Partners is an independent investment firm in Birmingham, AL, with a team of professionals serving clients across the nation through financial planning, wealth management and business consulting. The team at Fi Plan Partners creates strategies in the best interest of their clients using fee based investing. The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly. Economic forecasts set forth in this presentation may not develop as predicted. No strategy can ensure success or protect against a loss. Stock investing involves risk including potential loss of principal. Securities and advisory services offered through LPL Financial, Member FINRA/SIPC and a registered investment advisor.The post Hidden Tax of Market Volatility first appeared on Fi Plan Partners.

The Federal Reserve’s Decision and Market Impact The Federal Reserve is scheduled to meet on September 16–17, with markets largely expecting a 25-basis-point rate cut. While the size of the cut may already be priced in, the real question is how markets will respond afterward. Two areas are especially important: Long-term interest rates: The Fed directly controls short-term rates but yields on 10- and 30-year Treasuries and mortgage rates are set by the broader market. Last year, when the Fed cut rates by 50 basis points in September, long-term rates unexpectedly rose. For monetary easing to stimulate the economy, long-term rates also need to move lower. Early signs of declining long-term rates are emerging ahead of this meeting, and their follow-through will be critical. Financial sector performance: This is only the third time in history the Fed has cut rates while financial stocks remained near highs. In past cycles, rate cuts typically came after financial stocks had already sold off. The last time rate cuts coincided with a strong financial sector, 1992, 1995 and 1996, markets remained resilient and performed well. Monitoring both long-term rates and the financial sector will indicate whether today’s environment resembles those mid-90s scenarios. Government Shutdown Risk and Market Concentration Beyond monetary policy, the probability of a government shutdown on October 1 has risen sharply, from about 35% in June to roughly 73% today, according to prediction markets. Yet historical data show that shutdowns have had little measurable effect on GDP growth or stock market performance, either during the event or in the months immediately after. Another frequently discussed theme is the concentration of large-cap stocks in the U.S. market. The top 10 U.S. stocks currently make up about 38% of the market index. Although that figure may sound high, it is far lower than in many other countries: Taiwan and Switzerland both exceed 70%, and Australia and Germany are above 60%. The U.S. ranks near the bottom among major markets for index concentration, just above Japan, offering important context when evaluating concentration risk.   Greg Powell, CIMA® President and CEO Wealth Consultant Email Greg Powell here Bobby Norman, CFP®, AIF®, CEPA® Managing Director Wealth Consultant Email Bobby Norman here Trey Booth, CFA®, AIF® Chief Investment Officer Wealth Consultant Email Trey Booth here Ty Miller, AIF® Vice President Wealth Consultant Email Ty Miller here   Fi Plan Partners is an independent investment firm in Birmingham, AL, with a team of professionals serving clients across the nation through financial planning, wealth management and business consulting. The team at Fi Plan Partners creates strategies in the best interest of their clients using fee based investing. The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly. Economic forecasts set forth in this presentation may not develop as predicted. No strategy can ensure success or protect against a loss. Stock investing involves risk including potential loss of principal. Securities and advisory services offered through LPL Financial, Member FINRA/SIPC and a registered investment advisor.The post Fed Meeting? Government Shutdown? first appeared on Fi Plan Partners.

Falling Rates and Market Implications Recent jobs data came in weaker than expected, which pushed long-term interest rates lower. The 10-year Treasury yield dropped from around 4.3% to below 4.1%, a significant move that reflects market forces rather than direct Federal Reserve action. This decline is important because most businesses and households rely on long-term borrowing. When long-term rates fall, mortgages and housing markets can benefit, creating positive momentum for the broader economy. In contrast, last year when the Fed cut rates, long-term yields rose, limiting the intended economic boost. Markets are now pricing in two to three potential rate cuts before year-end. However, this outlook is highly dependent on upcoming data, particularly the Consumer Price Index (CPI) and Producer Price Index (PPI). The Fed’s dual mandate, promoting full employment and keeping inflation under control, creates a balancing act. Weak jobs data supports cutting rates, but stubbornly high inflation could limit the Fed’s flexibility. The results of this week’s economic reports will be crucial in determining whether falling yields have staying power. September Market Seasonality September is historically considered the most challenging month for market performance. Since 1950, average returns in September have been negative more than half the time. However, when markets enter September trading above their 200-day moving average, as they are today, the picture looks much brighter. In those instances, the S&P 500 has historically averaged a 1.3% gain in September and posted positive returns more than 60% of the time. With markets currently above their long-term moving average, combined with falling rates and steady earnings growth, there is reason to believe this September could defy the negative seasonal trend. Consumer Spending Trends Consumer spending remains a critical driver of the U.S. economy, accounting for roughly 70% of GDP. Back-to-school shopping provided encouraging signs, with spending up 2.5% year-over-year positive indicator heading into the holiday season. That said, not all data points are optimistic. A recent PwC survey of 4,000 U.S. consumers indicated that holiday spending may fall 5.3% this year, averaging about $1,500 per person. If realized, this would represent the sharpest decline since the pandemic. Concerning concerns about inflation, economic outlook, and generational differences in spending patterns, particularly among Gen Z, are cited as contributing factors. Taken together, the consumer picture is mixed. Back-to-school data points to resilience, while survey data signals caution. With the holidays approaching, tracking consumer behavior will be essential to gauge the health of the economy.   Greg Powell, CIMA® President and CEO Wealth Consultant Email Greg Powell here Bobby Norman, CFP®, AIF®, CEPA® Managing Director Wealth Consultant Email Bobby Norman here Trey Booth, CFA®, AIF® Chief Investment Officer Wealth Consultant Email Trey Booth here Ty Miller, AIF® Vice President Wealth Consultant Email Ty Miller here   Fi Plan Partners is an independent investment firm in Birmingham, AL, with a team of professionals serving clients across the nation through financial planning, wealth management and business consulting. The team at Fi Plan Partners creates strategies in the best interest of their clients using fee based investing. The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly. Economic forecasts set forth in this presentation may not develop as predicted. No strategy can ensure success or protect against a loss. Stock investing involves risk including potential loss of principal. Securities and advisory services offered through LPL Financial, Member FINRA/SIPC and a registered investment advisor.The post Rates are the Story first appeared on Fi Plan Partners.

Fed Hints at Rate Cuts Federal Reserve Chairman Jerome Powell made statements last Friday that strongly hinted at a potential interest rate cut in September. This would mark the first rate cut since December 18, 2024, when the Fed reduced rates by 25 basis points. If implemented, the September cut would come after a nine-month gap, the longest pause between cuts in recent history. Historically, extended gaps between rate cuts have often signaled positive long-term outcomes for markets. However, short-term volatility remains a key concern. September and October have traditionally been challenging months for stocks, and given signs of economic slowing, the next three months could be bumpy. Despite this, historical data suggests that the S&P 500 has ended higher 12 months after similar periods nearly 91% of the time. Lower interest rates typically help stimulate economic activity and market growth, but patience and careful planning remain essential during this transition period. Consumer Prices: What to Expect Understanding where inflation may appear next is critical. Economic data like CPI (Consumer Price Index), PPI (Producer Price Index), and jobs numbers are often backward-looking. To gauge future trends, analysts have examined recent corporate earnings calls for forward-looking insights. Consumer staples, everyday essentials like soap, paper products, and food, showed a below-average number of mentions regarding price increases. This suggests that price hikes in staples are unlikely in the near term, which is good news for consumers. However, the outlook for consumer discretionary items, non-essential goods such as entertainment, apparel, and luxury items, is different. Mentions of planned price increases in this category spiked significantly, indicating that companies believe consumers may tolerate higher costs for discretionary purchases. This trend creates a unique dynamic: while everyday goods may remain stable, luxury and non-essential items could see price hikes, partially influenced by tariffs and lingering inflationary pressures. Monitoring these shifts will be critical for understanding where inflation impacts consumer wallets next. Market Moves After Powell’s Speech Leading up to Powell’s comments, markets experienced a five-day losing streak, reflecting investor uncertainty over the Fed’s stance. At the start of the week, the probability of a September rate cut stood at roughly 83%, but midweek fears of a more hawkish position pushed those odds down to nearly 55%. When Powell confirmed a willingness to cut rates and emphasized the need to support a weakening labor market, investor confidence returned. By Friday, the probability of a September cut rose back to 84–85%, and markets rallied sharply, recovering nearly half of the week’s earlier losses. Despite the overall volatility, underlying market activity revealed an important trend: the majority of weakness came from the year’s best-performing stocks, while lagging stocks saw gains. This rotation suggests that investors are repositioning portfolios rather than exiting markets altogether. The bond market echoed this sentiment. The two-year Treasury yield climbed through the week, reflecting uncertainty, before dropping after Powell’s comments signaled a dovish stance. This illustrates how closely markets are tied to Fed guidance and why investor sentiment can swing dramatically based on policy expectations.   Greg Powell, CIMA® President and CEO Wealth Consultant Email Greg Powell here Bobby Norman, CFP®, AIF®, CEPA® Managing Director Wealth Consultant Email Bobby Norman here Trey Booth, CFA®, AIF® Chief Investment Officer Wealth Consultant Email Trey Booth here Ty Miller, AIF® Vice President Wealth Consultant Email Ty Miller here   Fi Plan Partners is an independent investment firm in Birmingham, AL, with a team of professionals serving clients across the nation through financial planning, wealth management and business consulting. The team at Fi Plan Partners creates strategies in the best interest of their clients using fee based investing. The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly. Economic forecasts set forth in this presentation may not develop as predicted. No strategy can ensure success or protect against a loss. Stock investing involves risk including potential loss of principal. Securities and advisory services offered through LPL Financial, Member FINRA/SIPC and a registered investment advisor.The post Fed Comments, Market Response first appeared on Fi Plan Partners.

Labor Market Resilience Recent updates on inflation highlight important trends for consumers. While headline inflation remained relatively tame in July, the Producer Price Index (PPI) told a different story. The PPI for final demand, which measures average price changes received by domestic producers, showed that companies are increasingly passing cost increases along to consumers. Despite these pressures, retail sales data indicates that consumers remain willing to spend. This resilience is largely supported by the labor market, which continues to show strength. Although hiring has slowed, layoffs remain minimal. Importantly, CEO hiring forecasts have improved since April, when tariff concerns spooked employers. At that time, 39% of CEOs planned to reduce hiring; today, that number has dropped to just 21%. This matters greatly, as consumer spending fuels corporate earnings, and earnings, in turn, drive stock prices. For now, the stability of the labor market is proving strong enough to offset rising inflationary pressures. Strong Earnings Despite Tariff Pressures Second-quarter earnings, covering April through June, provide another encouraging signal. During a period filled with uncertainty around tariffs and higher input costs, many expected corporate America to struggle. Instead, the opposite occurred. Earnings expectations for the S&P 500 initially fell to $62.48 but rebounded sharply to $66.84 as companies reported results. To date, 80% of companies have reported, and nine of eleven sectors have exceeded expectations. On a year-over-year basis, earnings grew nearly 13%, a significant achievement given the challenges. This outcome demonstrates the adaptability of U.S. corporations. Many feared tariffs would serve as an excuse for disappointing results, yet companies were able to pivot and deliver stronger-than-expected performance. This innovation not only supports earnings today but also signals potential for continued growth. Since stock valuations are tied to earnings, strong earnings growth helps justify higher market levels. What some call an “expensive” market may quickly look reasonable if earnings continue to expand at current rates. Fed Policy and Rate Cut Expectations The Federal Reserve remains in focus as markets await updates from its Jackson Hole conference. At its last meeting, the Fed opted to keep rates steady, though two members dissented in favor of a rate cut. Attention now turns to whether cuts are imminent. Markets are currently pricing in about an 85% chance of a rate cut in September, down from nearly 98% after hotter than expected PPI data. The Fed has pointed to tariffs as a key driver of inflation, though this explanation remains debated. Beyond policy decisions, the composition of the Fed itself could soon change. President Trump is expected to nominate Stephen Miran to fill a vacant seat. While this would initially be a temporary role, Miran could later become a permanent member, depending on Chairman Jay Powell’s tenure. Future leadership possibilities include Kevin Warsh, Christopher Waller, or Kevin Hassett, underscoring the many moving parts in Fed decision-making.   Greg Powell, CIMA® President and CEO Wealth Consultant Email Greg Powell here Bobby Norman, CFP®, AIF®, CEPA® Managing Director Wealth Consultant Email Bobby Norman here Trey Booth, CFA®, AIF® Chief Investment Officer Wealth Consultant Email Trey Booth here Ty Miller, AIF® Vice President Wealth Consultant Email Ty Miller here   Fi Plan Partners is an independent investment firm in Birmingham, AL, with a team of professionals serving clients across the nation through financial planning, wealth management and business consulting. The team at Fi Plan Partners creates strategies in the best interest of their clients using fee based investing. The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly. Economic forecasts set forth in this presentation may not develop as predicted. No strategy can ensure success or protect against a loss. Stock investing involves risk including potential loss of principal. Securities and advisory services offered through LPL Financial, Member FINRA/SIPC and a registered investment advisor.The post Out-Earning Inflation first appeared on Fi Plan Partners.

Blended families can present unique estate planning challenges, especially when it comes to housing. Watch this week’s Educational Insights episode as Mark Hume explains how a life estate strategy, triggered by a will, could help ensure a surviving spouse has housing security while preserving the inheritance for biological children. Watch to learn more.   Mark Hume, CFP® Senior Vice President Wealth Consultant Email Mark Hume here   Fi Plan Partners is an independent investment firm in Birmingham, AL, with a team of professionals serving clients across the nation through financial planning, wealth management and business consulting. The team at Fi Plan Partners creates strategies in the best interest of their clients using fee based investing. The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly. Economic forecasts set forth in this presentation may not develop as predicted. No strategy can ensure success or protect against a loss. Stock investing involves risk including potential loss of principal. Securities and advisory services offered through LPL Financial, Member FINRA/SIPC and a registered investment advisor.The post Life Estates first appeared on Fi Plan Partners.

Outperforming Expectations in a Volatile Market Market volatility remained a dominant theme last week as investors continued to process the ongoing news around tariffs. Despite these headwinds, one critical driver of equity markets, corporate earnings, has delivered far stronger results than anticipated. As the second-quarter reporting season nears its close, with roughly 70% of S&P 500 companies having reported, earnings continue to exceed expectations. Sales growth has reached 5.6%, while blended earnings growth stands at 11.2%, well above the July 1 estimate of 5.8%. If these numbers hold, it will mark the third consecutive quarter of double-digit growth. Strong results from the technology and consumer discretionary sectors have been key contributors to this performance, driving the latest leg higher in the index’s growth rate. This momentum is particularly notable given the uncertainty surrounding tariffs. As markets head into the third quarter, attention will shift toward more normalized expectations, and investors will be watching closely to see whether earnings can continue to support valuations that many consider expensive. The AI Spending Surge Earnings season is in full swing, and four of the world’s largest technology or tech-related companies have revealed staggering levels of investment in artificial intelligence. Collectively, these firms spent $95 billion in capital expenditures this quarter on AI initiatives alone. This trend shows no signs of slowing. With the recent tax bill providing attractive incentives for capital expenditures, estimates now project these four companies will spend $364 billion this fiscal year, up 12% from the previous $325 billion estimate. For perspective, before the pandemic, $364 billion would have equaled a government stimulus package. These record-breaking investments highlight the intensity of the race to lead in AI, a theme expected to remain firmly embedded in market dynamics for years to come. Fed Uncertainty Adds to Market Shifts In addition to tariff concerns, volatility has also been fueled by uncertainty surrounding Federal Reserve policy. Recent developments suggest a period of shakeup ahead, as investors weigh the Fed’s next moves alongside shifting market expectations. Understanding how these monetary policy decisions intersect with strong earnings and historic levels of AI spending will be critical in assessing the market’s trajectory in the coming months.     Greg Powell, CIMA® President and CEO Wealth Consultant Email Greg Powell here Bobby Norman, CFP®, AIF®, CEPA® Managing Director Wealth Consultant Email Bobby Norman here Trey Booth, CFA®, AIF® Chief Investment Officer Wealth Consultant Email Trey Booth here Ty Miller, AIF® Vice President Wealth Consultant Email Ty Miller here   Fi Plan Partners is an independent investment firm in Birmingham, AL, with a team of professionals serving clients across the nation through financial planning, wealth management and business consulting. The team at Fi Plan Partners creates strategies in the best interest of their clients using fee based investing. The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly. Economic forecasts set forth in this presentation may not develop as predicted. No strategy can ensure success or protect against a loss. Stock investing involves risk including potential loss of principal. Securities and advisory services offered through LPL Financial, Member FINRA/SIPC and a registered investment advisor.The post Outperforming Expectations first appeared on Fi Plan Partners.

Insights on Tariffs and Market Movement Last week was a heavy one for markets. As we noted earlier, there was significant potential for volatility driven by macroeconomic data, and that’s exactly what unfolded. Between a lower-than-expected GDP print, a soft jobs report, and heightened geopolitical tension around trade, the result was increased market uncertainty. The most notable downside risk stemmed from the Federal Reserve and the reluctance to commit to a September rate cut, despite mounting evidence of economic slowing and added pressure to the markets. The justification? Powell pointed to tariffs as inflationary, hence resisting a dovish stance. However, Friday’s surprisingly weak payroll report underscored the fragility of the current labor market. Only 73,000 jobs were added in the last month, well below trend, and downward revisions to May and June data added to the concern. The data package suggested the Fed may have already fallen behind, and we now expect a rate cut in September, in line with actions taken by other central banks this year. Additional cuts may follow into 2026. Looking internationally, we continue to track progress on trade agreements. Our research shows that countries securing tariff deals, highlighted in blue on our charts, are seeing stronger market outcomes than those still negotiating or holding out, highlighted in red. While last week’s events were challenging, it’s important to keep perspective. August is historically volatile with typically lower returns. However, fundamentals like credit conditions remain supportive. For example, initial jobless claims held steady at 218,000, indicating there’s no widespread employment breakdown. Moreover, recent U.S. tax reform and continued deregulation could support business activity moving forward. Fed Signals and Consumer Spending Building on those insights, the Federal Reserve’s position is worth a closer look. For the first time since 1993, two members of the Fed openly dissented from the policy decision, noting that rates should have been cut immediately. This level of disagreement is rare, especially given the Fed’s typically unified voice. The dissent highlights increasing tension and possible indecision within the Fed itself, as well as growing external pressure from figures like President Trump, who has been vocal about his dissatisfaction with Jerome Powell. Additionally, a Fed member recently resigned before the end of her term, adding another layer of uncertainty. Turning to GDP, the headline 3% real growth for Q2 was strong. However, beneath the surface, the numbers tell a more nuanced story. Consumer spending, which accounts for about 70% of GDP, remained solid, which is a positive signal for economic momentum. In Q1, businesses rushed to import goods before new tariffs kicked in. This front-loading inflated trade activity early in the year. By Q2, the effects faded, and net exports emerged as a stronger contributor to growth simply because the importing slowed down, not because of increased trade efficiency. In short, the volatility in trade numbers over the past two quarters has masked the underlying trends. We expect Q3 GDP to offer a clearer baseline of what’s truly happening in the economy post-tariffs. All eyes will be on the Fed’s Jackson Hole meeting and the upcoming September decision. These will be pivotal moments as policymakers evaluate whether to shift course amid mixed signals across jobs, growth, and inflation data.     Greg Powell, CIMA® President and CEO Wealth Consultant Email Greg Powell here Bobby Norman, CFP®, AIF®, CEPA® Managing Director Wealth Consultant Email Bobby Norman here Trey Booth, CFA®, AIF® Chief Investment Officer Wealth Consultant Email Trey Booth here Ty Miller, AIF® Vice President Wealth Consultant Email Ty Miller here   Fi Plan Partners is an independent investment firm in Birmingham, AL, with a team of professionals serving clients across the nation through financial planning, wealth management and business consulting. The team at Fi Plan Partners creates strategies in the best interest of their clients using fee based investing. The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly. Economic forecasts set forth in this presentation may not develop as predicted. No strategy can ensure success or protect against a loss. Stock investing involves risk including potential loss of principal. Securities and advisory services offered through LPL Financial, Member FINRA/SIPC and a registered investment advisor.The post Decisions and Deadlines first appeared on Fi Plan Partners.

A provision in current tax law allows individuals to make qualified charitable distributions directly from their IRAs before reaching their required minimum distribution age. Watch this week’s Educational Insights episode as Mark Hume breaks down how this strategy remained unchanged through recent legislation and how it may offer tax advantages. Watch to learn more.   Mark Hume, CFP® Senior Vice President Wealth Consultant Email Mark Hume here   Fi Plan Partners is an independent investment firm in Birmingham, AL, with a team of professionals serving clients across the nation through financial planning, wealth management and business consulting. The team at Fi Plan Partners creates strategies in the best interest of their clients using fee based investing. The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly. Economic forecasts set forth in this presentation may not develop as predicted. No strategy can ensure success or protect against a loss. Stock investing involves risk including potential loss of principal. Securities and advisory services offered through LPL Financial, Member FINRA/SIPC and a registered investment advisor.The post Charitable Giving Strategy first appeared on Fi Plan Partners.

Consumer Confidence and Household Resilience This week brings several important economic indicators, and consumer confidence is the top among them. Despite headlines about tariffs and slowing savings yields, the consumer remains surprisingly strong. We hear from clients that bank savings account yields are declining, and that’s supported by the data: peak yields from money market funds have dropped since August of last year. However, these yields are still elevated by historical standards, dating back to 1990. Even as passive income from savings weakens, consumers are well-positioned. High credit card debt often dominates headlines, but household balance sheets remain healthier than many realize. Debt service payments as a percentage of disposable income are actually below the 2010s average. That’s due largely to the deleveraging that occurred throughout that decade. While we can’t say consumers are immune to higher prices, recent labor market improvements and the relative stability of tariffs suggest a resilient spending environment. Consumer spending drives both the economy and equity markets, so these indicators offer some optimism as we analyze upcoming reports. Fed Policy and Economic Momentum The Federal Reserve is in the spotlight this week, with market speculation swirling around potential rate cuts. While expectations at the start of 2024 called for up to ten cuts, the current outlook anticipates fewer than two by year’s end. That shift is driven by a stronger-than-expected economy and robust consumer activity. Two key charts support this: domestic air travel is at an all-time high, and total vehicle miles driven have not only recovered from the COVID dip but reached record levels. The takeaway? Consumers aren’t just spending; they’re traveling and engaging actively with the economy. Money market yields are another factor buoying spending. While interest costs are rising for some, others, like consumers with savings, are earning an estimated $25 billion a month in interest. That income supports ongoing economic momentum. Additionally, market indicators show little divergence from the Federal Reserve’s policy rate. The current spread between the Fed funds rate and the two-year Treasury rate suggests minimal anticipation of drastic changes. That aligns with a core truth: inevitability does not imply immediacy. Yes, rate cuts are likely on the horizon, but the timing remains uncertain, and the Fed appears appropriately cautious, not wanting to repeat the mistakes of the late 1970s, when premature cuts fueled inflation. Tariff Updates and Liquidity Outlook Tariffs remain a major talking point among clients, and last week brought important developments. Several trade agreements were finalized, just ahead of the August 1st implementation deadline for tariffs announced in April. Agreements with the Philippines, Japan, and the EU resulted in slightly reduced rates compared to the initial proposals. For example, Japan’s proposed 25% rate was negotiated down to 15%. As a result, the average U.S. import tariff rate has decreased from 21.6% in April to 13.5% today. While tariffs remain elevated compared to the start of the year, the impact has been less severe than initially feared, underscoring the importance of measured, ongoing negotiation. Another significant but less publicized event this week is the quarterly refunding announcement. Following the recent debt ceiling increase, the U.S. Treasury is set to resume debt issuance after a long pause. This shift will create a liquidity drain, as capital flows from the market into Treasury securities. The key question is how the Treasury will structure the new issuance. Favoring short-term debt could help prevent long-term interest rates from rising too quickly. We’ll be watching this closely, as it may influence market behavior more than any headline-grabbing Fed statement.   Greg Powell, CIMA® President and CEO Wealth Consultant Email Greg Powell here Bobby Norman, CFP®, AIF®, CEPA® Managing Director Wealth Consultant Email Bobby Norman here Trey Booth, CFA®, AIF® Chief Investment Officer Wealth Consultant Email Trey Booth here Ty Miller, AIF® Associate Vice President Wealth Consultant Email Ty Miller here   Fi Plan Partners is an independent investment firm in Birmingham, AL, with a team of professionals serving clients across the nation through financial planning, wealth management and business consulting. The team at Fi Plan Partners creates strategies in the best interest of their clients using fee based investing. The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly. Economic forecasts set forth in this presentation may not develop as predicted. No strategy can ensure success or protect against a

As generational wealth shifts hands, new priorities and perspectives are rising to the forefront. Watch this week’s educational episode where Ashley Page breaks down how this transformation is influencing everything from charitable giving to long-term planning. Watch to learn more.   Ashley Page, JD, MBA Senior Vice President Wealth Consultant Email Ashley Page here   Fi Plan Partners is an independent investment firm in Birmingham, AL, with a team of professionals serving clients across the nation through financial planning, wealth management and business consulting. The team at Fi Plan Partners creates strategies in the best interest of their clients using fee based investing. The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly. Economic forecasts set forth in this presentation may not develop as predicted. No strategy can ensure success or protect against a loss. Stock investing involves risk including potential loss of principal. Securities and advisory services offered through LPL Financial, Member FINRA/SIPC and a registered investment advisor.The post How Women are Impacting Wealth Transfer first appeared on Fi Plan Partners.

The Small Business Boost Recent legislation, the One Big Beautiful Bill Act, has introduced significant tax incentives for small and medium-sized businesses, and these changes are already generating widespread interest. This is no surprise, as businesses with fewer than 500 employees make up more than 80% of total employment in the U.S. Specifically, companies with 1–49 employees represent 44% of total employment, while those with 50–499 employees account for another 38%. The bill includes several impactful provisions. Chief among them is the permanent 20% qualified business income (QBI) deduction for pass-through entities, such as sole proprietorships, partnerships, LLCs, and S Corporations. Previously set to expire, this deduction now offers long-term tax relief. Another key change is the immediate deduction for domestic research and development expenses, which allows businesses to write off those costs in the year incurred. This improves cash flow and promotes innovation. Additionally, updated rules around interest deductibility now enable companies to deduct more borrowing costs, potentially encouraging greater investment. One of the most business-friendly updates is the 100% bonus depreciation for new capital investments. Companies can fully write off the cost of qualifying purchases like equipment, vehicles, and software in the year they are acquired. Collectively, these incentives aim to stimulate business expansion, job creation, and overall economic growth. While our team continues to analyze the long-term impact of the bill, early indicators point to strong potential for positive outcomes. Inflation, Interest Rates, and Market Signals Understanding inflation and interest rate trends is essential to interpreting broader economic momentum. Two key metrics we monitor closely are the Consumer Price Index (CPI) and the Producer Price Index (PPI). The PPI measures what producers pay for raw materials and services, while the CPI reflects the prices consumers ultimately face. Earlier in the year, we saw the PPI rising faster than the CPI, a trend that historically signals rising consumer costs ahead. Recently, however, the PPI has started to cool down while the CPI has moved higher. This shift is noteworthy, particularly considering new tariffs, which often contribute to inflation. Encouragingly, imported goods were up just 0.10%, indicating minimal tariff-driven inflation at this point. Perhaps even more important than inflation readings themselves is how the market interprets them. The 10-Year U.S. Treasury yield is widely considered the most influential interest rate in the world, serving as a benchmark for mortgage rates and corporate borrowing costs. On July 14th, the 10-Year Treasury yield peaked at 4.49%, before declining to 4.37%. Though this movement may seem minor, the 4.5% threshold has proven significant. Historically, when the 10-Year yield rises above 4.5%, equity markets tend to move sideways or decline. That’s because higher yields make fixed-income investments more attractive and raise borrowing costs for businesses, potentially hurting corporate earnings. Despite inflation remaining above the Federal Reserve’s 2% target, the market’s reaction, particularly falling yields, suggests confidence that inflation is under control. As long as the 10-Year Treasury remains below that 4.5% barrier, the outlook for U.S. equities remains positive.   Greg Powell, CIMA® President and CEO Wealth Consultant Email Greg Powell here Bobby Norman, CFP®, AIF®, CEPA® Managing Director Wealth Consultant Email Bobby Norman here Trey Booth, CFA®, AIF® Chief Investment Officer Wealth Consultant Email Trey Booth here Ty Miller, AIF® Associate Vice President Wealth Consultant Email Ty Miller here   Fi Plan Partners is an independent investment firm in Birmingham, AL, with a team of professionals serving clients across the nation through financial planning, wealth management and business consulting. The team at Fi Plan Partners creates strategies in the best interest of their clients using fee based investing. The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly. Economic forecasts set forth in this presentation may not develop as predicted. No strategy can ensure success or protect against a loss. Stock investing involves risk including potential loss of principal. Securities and advisory services offered through LPL Financial, Member FINRA/SIPC and a registered investment advisor.The post Charts You Need to See first appeared on Fi Plan Partners.

Retirement plans aren’t one-size-fits-all and choosing the right one can make a big difference for your future. Watch this week’s educational episode where Ty Miller breaks down the key options, including some that many investors overlook. Watch to learn more.   Ty Miller Associate Vice President Wealth Consultant Email Ty Miller here   Fi Plan Partners is an independent investment firm in Birmingham, AL, with a team of professionals serving clients across the nation through financial planning, wealth management and business consulting. The team at Fi Plan Partners creates strategies in the best interest of their clients using fee based investing. The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly. Economic forecasts set forth in this presentation may not develop as predicted. No strategy can ensure success or protect against a loss. Stock investing involves risk including potential loss of principal. Securities and advisory services offered through LPL Financial, Member FINRA/SIPC and a registered investment advisor.The post Retirement Plan Options first appeared on Fi Plan Partners.

Corporate Earnings: What to Watch and Why It Matters Earnings are always a major driver of the stock market, but this season carries even greater weight than usual. As economist Larry Kudlow famously said, “Earnings are the mother’s milk of stock market growth.” This earnings season is particularly important because of how much has changed since the last earning seasons. Rarely does a corporate tax code change so drastically from one quarter to another, but that’s what’s happened. It’s rare to see such a dramatic shift in tax policy from one quarter to the next. The most significant changes include major updates to capital expenditure (CapEx) and research and development deductions. These won’t impact current earnings directly, but they will play a major role in how companies forecast their future. Investors will be looking closely to see how corporate America plans to leverage these changes and how they might use them to drive long-term growth. These deductions allow businesses to front-load expenses, which reduces tax liability now but creates room for investment in future earnings potential. That’s a positive development for both companies and investors. The real question is how corporate leaders will frame these decisions, and will they take bold steps to ramp up investment and innovation? Secondly, we really want to see how corporate America is using AI as that has started to improve. AI is a highly capital-intensive investment, and investors want to know how companies are beginning to use it. Tariffs also remain an important factor. Recent data from the U.S. Budget Department shows that in June, federal tax revenues increased by $101 billion compared to the same time last year. Interestingly, most of that increase came from individuals, higher payroll taxes and income taxes, not corporation taxes. In fact, corporate tax revenue was down 0.4% year over year. Roughly a third of the additional revenue came from tariffs. While the numbers don’t specify which companies are absorbing those costs, it’s clear that tariff-related expenses are impacting business bottom lines. The question is, are public companies, like those in the S&P 500, carrying that burden, or is it falling more heavily on smaller, private firms? A lot of data is going to be coming out of these earnings. We’ll not only learn how much companies earn but also how they’re adapting. The largest financial institutions will report first, and they reach nearly every part of corporate America. Where the money is flowing and where it’s being held back will offer vital insights as earnings season unfolds. We’ll get a lot of data right off the bat, but then we’re going to be following it throughout all of earnings season. Second Half Market Outlook: What History Tells Us While earnings are front and center, it’s also a good time to look ahead. After a volatile start to the year, our attention now turns to what the market could have in store for investors during the second half of the year. Looking back at historical data provides some guidance. The S&P 500 wrapped up in the first half of the year with a gain of 5.5%, recovering strongly from a deep April correction. Historically, when the index posts a positive first half, it goes on to deliver an average second-half return of 6.1%. More specifically, when first-half gains have landed in the 5% to 10% range, just like we saw this year, the second half has also averaged a 6.1% return. Even more encouraging, in 86% of those cases, the second half ended positively. While history doesn’t guarantee future results, this data supports a cautiously optimistic outlook. Investors will be paying close attention not just to what companies have already done, but also what they plan to do next.   Greg Powell, CIMA® President and CEO Wealth Consultant Email Greg Powell here Bobby Norman, CFP®, AIF®, CEPA® Managing Director Wealth Consultant Email Bobby Norman here Trey Booth, CFA®, AIF® Chief Investment Officer Wealth Consultant Email Trey Booth here Ty Miller, AIF® Associate Vice President Wealth Consultant Email Ty Miller here   Fi Plan Partners is an independent investment firm in Birmingham, AL, with a team of professionals serving clients across the nation through financial planning, wealth management and business consulting. The team at Fi Plan Partners creates strategies in the best interest of their clients using fee based investing. The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly. Economic forecasts set forth in this presentation may not develop as predicted. No strategy can ensure success or protect against a loss. Stock investing involves risk including potential loss of principal. Securities and advisory services offered through LPL Fina

Watch this week’s educational episode where Trey Booth unpacks a surprising perspective on America’s $50 trillion debt. You might be shocked at how small that number looks when you see what it’s up against. Watch to learn more.   Trey Booth, CFA®, AIF® Chief Investment Officer Wealth Consultant Email Trey Booth here Fi Plan Partners is an independent investment firm in Birmingham, AL, with a team of professionals serving clients across the nation through financial planning, wealth management and business consulting. The team at Fi Plan Partners creates strategies in the best interest of their clients using fee based investing. The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly. Economic forecasts set forth in this presentation may not develop as predicted. No strategy can ensure success or protect against a loss. Stock investing involves risk including potential loss of principal. Securities and advisory services offered through LPL Financial, Member FINRA/SIPC and a registered investment advisor.The post How Large is the US Debt? first appeared on Fi Plan Partners.

This week on Investors’ Insights, we break down the newly passed legislation that’s making headlines, and the under-the-radar debt ceiling implications that could shake up liquidity and the markets. From hidden risks to potential market winners, now’s the time to understand what’s inside this thousand-page bill and what it could mean moving forward. Watch the full episode to learn more.   Greg Powell, CIMA® President and CEO Wealth Consultant Email Greg Powell here Bobby Norman, CFP®, AIF®, CEPA® Managing Director Wealth Consultant Email Bobby Norman here Trey Booth, CFA®, AIF® Chief Investment Officer Wealth Consultant Email Trey Booth here Ty Miller, AIF® Associate Vice President Wealth Consultant Email Ty Miller here   Fi Plan Partners is an independent investment firm in Birmingham, AL, with a team of professionals serving clients across the nation through financial planning, wealth management and business consulting. The team at Fi Plan Partners creates strategies in the best interest of their clients using fee based investing. The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly. Economic forecasts set forth in this presentation may not develop as predicted. No strategy can ensure success or protect against a loss. Stock investing involves risk including potential loss of principal. Securities and advisory services offered through LPL Financial, Member FINRA/SIPC and a registered investment advisor.The post Not Just a Bill first appeared on Fi Plan Partners.

From the Senate’s sweeping new tax bill to July’s historical market strength, this week’s vlog breaks down the key headlines worth watching. With rate cuts, housing shifts, and technical trends in play, now’s the time to stay informed. Watch the full episode to see what it all could mean for markets and the economy moving forward.   Greg Powell, CIMA® President and CEO Wealth Consultant Email Greg Powell here Bobby Norman, CFP®, AIF®, CEPA® Managing Director Wealth Consultant Email Bobby Norman here Trey Booth, CFA®, AIF® Chief Investment Officer Wealth Consultant Email Trey Booth here Ty Miller, AIF® Associate Vice President Wealth Consultant Email Ty Miller here   Fi Plan Partners is an independent investment firm in Birmingham, AL, with a team of professionals serving clients across the nation through financial planning, wealth management and business consulting. The team at Fi Plan Partners creates strategies in the best interest of their clients using fee based investing. The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly. Economic forecasts set forth in this presentation may not develop as predicted. No strategy can ensure success or protect against a loss. Stock investing involves risk including potential loss of principal. Securities and advisory services offered through LPL Financial, Member FINRA/SIPC and a registered investment advisor.The post Market Strength in July? first appeared on Fi Plan Partners.

In this episode of Investors’ Insights, we break down the key forces shaping the markets: tax reform, oil prices, and technical signals. With the Senate’s new tax bill diverging sharply from the House version, we explore its potential impact on both markets and personal finances. We also examine how rising oil prices may benefit producers and why technical indicators continue to signal market strength despite global tensions. Watch now for timely insights on how these developments could impact the markets and the economy.   Greg Powell, CIMA® President and CEO Wealth Consultant Email Greg Powell here Bobby Norman, CFP®, AIF®, CEPA® Managing Director Wealth Consultant Email Bobby Norman here Trey Booth, CFA®, AIF® Chief Investment Officer Wealth Consultant Email Trey Booth here Ty Miller, AIF® Associate Vice President Wealth Consultant Email Ty Miller here   Fi Plan Partners is an independent investment firm in Birmingham, AL, with a team of professionals serving clients across the nation through financial planning, wealth management and business consulting. The team at Fi Plan Partners creates strategies in the best interest of their clients using fee based investing. The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly. Economic forecasts set forth in this presentation may not develop as predicted. No strategy can ensure success or protect against a loss. Stock investing involves risk including potential loss of principal. Securities and advisory services offered through LPL Financial, Member FINRA/SIPC and a registered investment advisor.The post Taxes, Oil, and Technicals first appeared on Fi Plan Partners.

In this episode, Adam Vansant and Sonja McGittigan break down smart, proactive strategies to get ahead of key year-end planning items like RMDs, IRA contributions, and more. They also highlight the importance of keeping your beneficiaries and accounts up to date. Learn how taking small steps now can simplify things later and discover the tools we offer to make updates seamless and stress-free.   Adam Vansant, AIF®, BFA™ Senior Vice President of Operations & Advisory Services Wealth Consultant Email Adam Vansant here Sonja McGittigan Operations Specialist Email Sonja McGittigan here Fi Plan Partners is an independent investment firm in Birmingham, AL, with a team of professionals serving clients across the nation through financial planning, wealth management and business consulting. The team at Fi Plan Partners creates strategies in the best interest of their clients using fee based investing. The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly. Economic forecasts set forth in this presentation may not develop as predicted. No strategy can ensure success or protect against a loss. Stock investing involves risk including potential loss of principal. Securities and advisory services offered through LPL Financial, Member FINRA/SIPC and a registered investment advisor.The post Mid-Year Outlook first appeared on Fi Plan Partners.

This week on Investors’ Insights, we cut through the noise with facts, not emotions, on market reactions to geopolitical tensions, historical data, and the Fed’s latest moves. Tune in for timely insights on how these developments could shape markets and the economy in the second half of 2025.   Greg Powell, CIMA® President and CEO Wealth Consultant Email Greg Powell here Bobby Norman, CFP®, AIF®, CEPA® Managing Director Wealth Consultant Email Bobby Norman here Trey Booth, CFA®, AIF® Chief Investment Officer Wealth Consultant Email Trey Booth here Ty Miller, AIF® Associate Vice President Wealth Consultant Email Ty Miller here   Fi Plan Partners is an independent investment firm in Birmingham, AL, with a team of professionals serving clients across the nation through financial planning, wealth management and business consulting. The team at Fi Plan Partners creates strategies in the best interest of their clients using fee based investing. The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly. Economic forecasts set forth in this presentation may not develop as predicted. No strategy can ensure success or protect against a loss. Stock investing involves risk including potential loss of principal. Securities and advisory services offered through LPL Financial, Member FINRA/SIPC and a registered investment advisor.The post Facts Not Emotions first appeared on Fi Plan Partners.

In this episode, the Portfolio Team pulls back the curtain on market momentum, revealing why the data paints a more optimistic picture than the headlines suggest. Greg Powell and Bobby Norman break down key profit trends, surprising economic signals, and what they could mean for the months ahead. Watch now to learn more about today’s market.   Greg Powell, CIMA® President and CEO Wealth Consultant Email Greg Powell here Bobby Norman, CFP®, AIF®, CEPA® Managing Director Wealth Consultant Email Bobby Norman here Trey Booth, CFA®, AIF® Chief Investment Officer Wealth Consultant Email Trey Booth here Ty Miller, AIF® Associate Vice President Wealth Consultant Email Ty Miller here   Fi Plan Partners is an independent investment firm in Birmingham, AL, with a team of professionals serving clients across the nation through financial planning, wealth management and business consulting. The team at Fi Plan Partners creates strategies in the best interest of their clients using fee based investing. The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly. Economic forecasts set forth in this presentation may not develop as predicted. No strategy can ensure success or protect against a loss. Stock investing involves risk including potential loss of principal. Securities and advisory services offered through LPL Financial, Member FINRA/SIPC and a registered investment advisor.The post Behind The Curtain first appeared on Fi Plan Partners.

In this episode of Educational Insights, Bobby Norman, CFP®, AIF®, CEPA®, and Robert Moody, CFP®, CEPA®, explore external exit strategies for business owners, including private equity, strategic buyers, open market sales, and more. Learn how to navigate these complex options to maximize your business’s value when selling outside the family or team.   Bobby Norman CFP®, AIF®, CEPA® Managing Director Wealth Consultant Email Bobby Norman here Robert Moody, CFP®, CEPA® Senior Vice President Wealth Consultant Email Robert Moody here Fi Plan Partners is an independent investment firm in Birmingham, AL, with a team of professionals serving clients across the nation through financial planning, wealth management and business consulting. The team at Fi Plan Partners creates strategies in the best interest of their clients using fee based investing. The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly. Economic forecasts set forth in this presentation may not develop as predicted. No strategy can ensure success or protect against a loss. Stock investing involves risk including potential loss of principal. Securities and advisory services offered through LPL Financial, Member FINRA/SIPC and a registered investment advisor.The post Selling a Business: External Options first appeared on Fi Plan Partners.

In this week’s episode, The Portfolio Team reveals a surprising $225 billion stimulus flowing to small businesses and breaks down how strong earnings, and growing tariff uncertainty, are shaping the market outlook. Don’t miss this timely and insightful conversation. Watch to learn more.   Greg Powell, CIMA® President and CEO Wealth Consultant Email Greg Powell here Bobby Norman, CFP®, AIF®, CEPA® Managing Director Wealth Consultant Email Bobby Norman here Trey Booth, CFA®, AIF® Chief Investment Officer Wealth Consultant Email Trey Booth here Ty Miller, AIF® Associate Vice President Wealth Consultant Email Ty Miller here   Fi Plan Partners is an independent investment firm in Birmingham, AL, with a team of professionals serving clients across the nation through financial planning, wealth management and business consulting. The team at Fi Plan Partners creates strategies in the best interest of their clients using fee based investing. The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly. Economic forecasts set forth in this presentation may not develop as predicted. No strategy can ensure success or protect against a loss. Stock investing involves risk including potential loss of principal. Securities and advisory services offered through LPL Financial, Member FINRA/SIPC and a registered investment advisor.The post Better Than Expected first appeared on Fi Plan Partners.

In this episode of Educational Insights, Bobby Norman, CFP®, AIF®, CEPA®, and Robert Moody, CFP®, CEPA®, dive into key internal exit options for business owners, from intergenerational transfers to selling to employees. Tune in to learn the pros, cons, and strategies to ensure your business’s successful transition when the time comes.   Bobby Norman, CFP®, AIF®, CEPA® Managing Director Wealth Consultant Email Bobby Norman here Robert Moody, CFP®, CEPA® Senior Vice President Wealth Consultant Email Robert Moody here Fi Plan Partners is an independent investment firm in Birmingham, AL, with a team of professionals serving clients across the nation through financial planning, wealth management and business consulting. The team at Fi Plan Partners creates strategies in the best interest of their clients using fee based investing. The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly. Economic forecasts set forth in this presentation may not develop as predicted. No strategy can ensure success or protect against a loss. Stock investing involves risk including potential loss of principal. Securities and advisory services offered through LPL Financial, Member FINRA/SIPC and a registered investment advisor.The post Selling a Business: Internal Options first appeared on Fi Plan Partners.

In this episode, the Portfolio Team unpacks the $300 billion shift in U.S.-China trade talks, its impact on market momentum, and key updates on the new tax bill. Tune in for insights on whether this rally has staying power, and what investors should be watching next.   Greg Powell, CIMA® President and CEO Wealth Consultant Email Greg Powell here Bobby Norman, CFP®, AIF®, CEPA® Managing Director Wealth Consultant Email Bobby Norman here Trey Booth, CFA®, AIF® Chief Investment Officer Wealth Consultant Email Trey Booth here Ty Miller, AIF® Associate Vice President Wealth Consultant Email Ty Miller here   Fi Plan Partners is an independent investment firm in Birmingham, AL, with a team of professionals serving clients across the nation through financial planning, wealth management and business consulting. The team at Fi Plan Partners creates strategies in the best interest of their clients using fee based investing. The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly. Economic forecasts set forth in this presentation may not develop as predicted. No strategy can ensure success or protect against a loss. Stock investing involves risk including potential loss of principal. Securities and advisory services offered through LPL Financial, Member FINRA/SIPC and a registered investment advisor.The post Confidence Building? first appeared on Fi Plan Partners.

In this episode of Investors’ Insights, the Portfolio Team breaks down the latest developments from the U.S. and China trade talks and what the 90-day tariff reprieve could mean for the markets. They also cover key updates from the newly proposed tax bill, highlighting potential changes that could impact individuals, small businesses, and investors alike. Plus, they share the indicators they’re watching to determine whether this market rally has staying power. Watch or listen to learn about these topics and more.   Greg Powell, CIMA® President and CEO Wealth Consultant Email Greg Powell here Bobby Norman, CFP®, AIF®, CEPA® Managing Director Wealth Consultant Email Bobby Norman here Trey Booth, CFA®, AIF® Chief Investment Officer Wealth Consultant Email Trey Booth here Ty Miller, AIF® Associate Vice President Wealth Consultant Email Ty Miller here   Fi Plan Partners is an independent investment firm in Birmingham, AL, with a team of professionals serving clients across the nation through financial planning, wealth management and business consulting. The team at Fi Plan Partners creates strategies in the best interest of their clients using fee based investing. The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly. Economic forecasts set forth in this presentation may not develop as predicted. No strategy can ensure success or protect against a loss. Stock investing involves risk including potential loss of principal. Securities and advisory services offered through LPL Financial, Member FINRA/SIPC and a registered investment advisor.The post Hot off the Press first appeared on Fi Plan Partners.

The market can’t ignore the signals the Fed is sending, and we’re unpacking what the data really means. In this episode of Investors’ Insights, our Portfolio Team breaks down key technical indicators, interest rate expectations, and why GDP headlines may not tell the whole story. Watch or listen to understand the signals behind the market noise.   Greg Powell, CIMA® President and CEO Wealth Consultant Email Greg Powell here Bobby Norman, CFP®, AIF®, CEPA® Managing Director Wealth Consultant Email Bobby Norman here Trey Booth, CFA®, AIF® Chief Investment Officer Wealth Consultant Email Trey Booth here Ty Miller, AIF® Associate Vice President Wealth Consultant Email Ty Miller here   Fi Plan Partners is an independent investment firm in Birmingham, AL, with a team of professionals serving clients across the nation through financial planning, wealth management and business consulting. The team at Fi Plan Partners creates strategies in the best interest of their clients using fee based investing. The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly. Economic forecasts set forth in this presentation may not develop as predicted. No strategy can ensure success or protect against a loss. Stock investing involves risk including potential loss of principal. Securities and advisory services offered through LPL Financial, Member FINRA/SIPC and a registered investment advisor.The post Market Resistance first appeared on Fi Plan Partners.

In this educational episode, Ty Miller explains what bonds are, how they are rated, and how they can serve as a strategic asset in certain portfolios. Watch the full episode to learn how bonds fit into a portfolio in today’s markets.   Ty Miller, AIF® Associate Vice President Wealth Consultant Email Ty Miller here Fi Plan Partners is an independent investment firm in Birmingham, AL, with a team of professionals serving clients across the nation through financial planning, wealth management and business consulting. The team at Fi Plan Partners creates strategies in the best interest of their clients using fee based investing. The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly. Economic forecasts set forth in this presentation may not develop as predicted. No strategy can ensure success or protect against a loss. Stock investing involves risk including potential loss of principal. Securities and advisory services offered through LPL Financial, Member FINRA/SIPC and a registered investment advisor.The post Understanding Bonds first appeared on Fi Plan Partners.

From global tariffs to U.S. corporate earnings, our Portfolio Team breaks down the key market forces they’re tracking and explains how history may be repeating itself. Watch this episode to see how they’re connecting the dots and preparing for what’s ahead. Greg Powell, CIMA® President and CEO Wealth Consultant Email Greg Powell here Bobby Norman, CFP®, AIF®, CEPA® Managing Director Wealth Consultant Email Bobby Norman here Trey Booth, CFA®, AIF® Chief Investment Officer Wealth Consultant Email Trey Booth here Ty Miller, AIF® Associate Vice President Wealth Consultant Email Ty Miller here   Fi Plan Partners is an independent investment firm in Birmingham, AL, with a team of professionals serving clients across the nation through financial planning, wealth management and business consulting. The team at Fi Plan Partners creates strategies in the best interest of their clients using fee based investing. The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly. Economic forecasts set forth in this presentation may not develop as predicted. No strategy can ensure success or protect against a loss. Stock investing involves risk including potential loss of principal. Securities and advisory services offered through LPL Financial, Member FINRA/SIPC and a registered investment advisor.The post It’s All Relative first appeared on Fi Plan Partners.

The tax deadline brought more than just returns—it triggered a major shift in liquidity that could ripple through the markets. In this week’s episode of Investors’ Insights, the Portfolio Team unpacks the surprising implications for stocks, interest rates, future government spending, and more. Watch to learn how tax receipts, valuations, and capital expenditures are shaping the market.   Bobby Norman, CFP®, AIF®, CEPA® Managing Director Wealth Consultant Email Bobby Norman here Trey Booth, CFA®, AIF® Chief Investment Officer Wealth Consultant Email Trey Booth here Ty Miller Associate Vice President Wealth Consultant Email Ty Miller here   Fi Plan Partners is an independent investment firm in Birmingham, AL, with a team of professionals serving clients across the nation through financial planning, wealth management and business consulting. The team at Fi Plan Partners creates strategies in the best interest of their clients using fee based investing. The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly. Economic forecasts set forth in this presentation may not develop as predicted. No strategy can ensure success or protect against a loss. Stock investing involves risk including potential loss of principal. Securities and advisory services offered through LPL Financial, Member FINRA/SIPC and a registered investment advisor.The post Numbers Behind the Noise first appeared on Fi Plan Partners.

Last week was one of the most volatile for markets in years, but we’ve got some encouraging news on inflation and valuable insights from our recession checklist. Don’t miss this breakdown from our Portfolio Team to better understand what’s really happening behind the headlines. Watch this episode to see the data and hear what they have to say.   Bobby Norman, CFP®, AIF®, CEPA® Managing Director Wealth Consultant Email Bobby Norman here Trey Booth, CFA®, AIF® Chief Investment Officer Wealth Consultant Email Trey Booth here Ty Miller Associate Vice President Wealth Consultant Email Ty Miller here   Fi Plan Partners is an independent investment firm in Birmingham, AL, with a team of professionals serving clients across the nation through financial planning, wealth management and business consulting. The team at Fi Plan Partners creates strategies in the best interest of their clients using fee based investing. The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly. Economic forecasts set forth in this presentation may not develop as predicted. No strategy can ensure success or protect against a loss. Stock investing involves risk including potential loss of principal. Securities and advisory services offered through LPL Financial, Member FINRA/SIPC and a registered investment advisor.The post Recession Checklist first appeared on Fi Plan Partners.

In this week’s episode, the Portfolio Team breaks down the chaos and uncertainty in today’s market, offering valuable insights on navigating the turbulence. Watch to hear about historical trends, tariffs, and how to stay calm amidst the noise.   Greg Powell, CIMA® President and CEO Wealth Consultant Email Greg Powell here Bobby Norman, CFP®, AIF®, CEPA® Managing Director Wealth Consultant Email Bobby Norman here Trey Booth, CFA®, AIF® Chief Investment Officer Wealth Consultant Email Trey Booth here Ty Miller Associate Vice President Wealth Consultant Email Ty Miller here   Fi Plan Partners is an independent investment firm in Birmingham, AL, with a team of professionals serving clients across the nation through financial planning, wealth management and business consulting. The team at Fi Plan Partners creates strategies in the best interest of their clients using fee based investing. The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly. Economic forecasts set forth in this presentation may not develop as predicted. No strategy can ensure success or protect against a loss. Stock investing involves risk including potential loss of principal. Securities and advisory services offered through LPL Financial, Member FINRA/SIPC and a registered investment advisor.The post Don’t Panic first appeared on Fi Plan Partners.

In this episode, the Portfolio Team does a deep dive into the crucial topics of stock ownership, buybacks, and the impact of upcoming trade tariffs—providing valuable insights into how these factors could influence the economy and markets moving forward. Watch to stay ahead of the curve on these key issues and more.   Greg Powell, CIMA® President and CEO Wealth Consultant Email Greg Powell here Bobby Norman, CFP®, AIF®, CEPA® Managing Director Wealth Consultant Email Bobby Norman here Trey Booth, CFA®, AIF® Chief Investment Officer Wealth Consultant Email Trey Booth here Ty Miller Associate Vice President Wealth Consultant Email Ty Miller here   Fi Plan Partners is an independent investment firm in Birmingham, AL, with a team of professionals serving clients across the nation through financial planning, wealth management and business consulting. The team at Fi Plan Partners creates strategies in the best interest of their clients using fee based investing. The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly. Economic forecasts set forth in this presentation may not develop as predicted. No strategy can ensure success or protect against a loss. Stock investing involves risk including potential loss of principal. Securities and advisory services offered through LPL Financial, Member FINRA/SIPC and a registered investment advisor.The post Ownership, Buybacks, and Trade first appeared on Fi Plan Partners.

In this episode, the Portfolio Team explores the upcoming tariff changes and their potential effects on industries like pharmaceuticals, autos, and more. Watch the full episode to gain insights into how these tariffs could shape the future of the markets and economy.   Greg Powell, CIMA® President and CEO Wealth Consultant Email Greg Powell here Ty Miller Associate Vice President Wealth Consultant Email Ty Miller here   Fi Plan Partners is an independent investment firm in Birmingham, AL, with a team of professionals serving clients across the nation through financial planning, wealth management and business consulting. The team at Fi Plan Partners creates strategies in the best interest of their clients using fee based investing. The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly. Economic forecasts set forth in this presentation may not develop as predicted. No strategy can ensure success or protect against a loss. Stock investing involves risk including potential loss of principal. Securities and advisory services offered through LPL Financial, Member FINRA/SIPC and a registered investment advisor.The post Talking Tarrifs first appeared on Fi Plan Partners.

Markets are seeing some volatility, but the key insights behind the headlines might surprise you. Watch this episode to hear our Portfolio Team discuss how inflation, market corrections, and policy uncertainty could shape the future of the economy and markets.   Greg Powell, CIMA® President and CEO Wealth Consultant Email Greg Powell here Bobby Norman, CFP®, AIF®, CEPA® Managing Director Wealth Consultant Email Bobby Norman here Trey Booth, CFA®, AIF® Chief Investment Officer Wealth Consultant Email Trey Booth here Ty Miller Associate Vice President Wealth Consultant Email Ty Miller here   Fi Plan Partners is an independent investment firm in Birmingham, AL, with a team of professionals serving clients across the nation through financial planning, wealth management and business consulting. The team at Fi Plan Partners creates strategies in the best interest of their clients using fee based investing. The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly. Economic forecasts set forth in this presentation may not develop as predicted. No strategy can ensure success or protect against a loss. Stock investing involves risk including potential loss of principal. Securities and advisory services offered through LPL Financial, Member FINRA/SIPC and a registered investment advisor.The post Buried in the News first appeared on Fi Plan Partners.

In this educational episode, Ashley Page explores the impact of declining energy costs on both small businesses and large industries in the U.S. Watch the full episode to discover how this shift could affect the economy and more.   Ashley Page, JD, MBA Senior Vice President Wealth Consultant Email Ashley Page here Fi Plan Partners is an independent investment firm in Birmingham, AL, with a team of professionals serving clients across the nation through financial planning, wealth management and business consulting. The team at Fi Plan Partners creates strategies in the best interest of their clients using fee based investing. The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly. Economic forecasts set forth in this presentation may not develop as predicted. No strategy can ensure success or protect against a loss. Stock investing involves risk including potential loss of principal. Securities and advisory services offered through LPL Financial, Member FINRA/SIPC and a registered investment advisor.The post The Economic Impact of Energy Costs first appeared on Fi Plan Partners.

In this episode, the Portfolio Team breaks down key data trends to help you navigate the current economic landscape amidst volatility and headlines. From tax refunds boosting consumer spending to a deeper dive into GDP and employment shifts, they explore critical factors driving market momentum. Watch to learn about these market-moving topics and more!   Greg Powell, CIMA® President and CEO Wealth Consultant Email Greg Powell here Bobby Norman, CFP®, AIF®, CEPA® Managing Director Wealth Consultant Email Bobby Norman here Trey Booth, CFA®, AIF® Chief Investment Officer Wealth Consultant Email Trey Booth here Ty Miller Associate Vice President Wealth Consultant Email Ty Miller here   Fi Plan Partners is an independent investment firm in Birmingham, AL, with a team of professionals serving clients across the nation through financial planning, wealth management and business consulting. The team at Fi Plan Partners creates strategies in the best interest of their clients using fee based investing. The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly. Economic forecasts set forth in this presentation may not develop as predicted. No strategy can ensure success or protect against a loss. Stock investing involves risk including potential loss of principal. Securities and advisory services offered through LPL Financial, Member FINRA/SIPC and a registered investment advisor.The post Stay Focused first appeared on Fi Plan Partners.

Did you know you can start building your child’s credit history before they even turn 18? Watch to learn how an early credit boost can set them up for financial success later in life.   Mark Hume, CFP® Senior Vice President Wealth Consultant Email Mark Hume here Fi Plan Partners is an independent investment firm in Birmingham, AL, with a team of professionals serving clients across the nation through financial planning, wealth management and business consulting. The team at Fi Plan Partners creates strategies in the best interest of their clients using fee based investing. The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly. Economic forecasts set forth in this presentation may not develop as predicted. No strategy can ensure success or protect against a loss. Stock investing involves risk including potential loss of principal. Securities and advisory services offered through LPL Financial, Member FINRA/SIPC and a registered investment advisor.The post Building Your Child’s Credit History Early first appeared on Fi Plan Partners.

Join us for this week’s episode of Investors’ Insights, where the Portfolio Team explores market volatility, economic trends, and expectations for 2025. Watch as they review the key data points shaping the economic landscape ahead.   Greg Powell, CIMA® President and CEO Wealth Consultant Email Greg Powell here Bobby Norman, CFP®, AIF®, CEPA® Managing Director Wealth Consultant Email Bobby Norman here Trey Booth, CFA®, AIF® Chief Investment Officer Wealth Consultant Email Trey Booth here Ty Miller Associate Vice President Wealth Consultant Email Ty Miller here   Fi Plan Partners is an independent investment firm in Birmingham, AL, with a team of professionals serving clients across the nation through financial planning, wealth management and business consulting. The team at Fi Plan Partners creates strategies in the best interest of their clients using fee based investing. The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly. Economic forecasts set forth in this presentation may not develop as predicted. No strategy can ensure success or protect against a loss. Stock investing involves risk including potential loss of principal. Securities and advisory services offered through LPL Financial, Member FINRA/SIPC and a registered investment advisor.The post Expectations first appeared on Fi Plan Partners.