Prosperity Partners Private Wealth Management

The big tip to big financial goals? Start small, and start early. Listen below as our Founding Partner, Mark Chandik provides insights on how to obtain your financial goals.

There are times when the economic data is strong, and when considered together, the economic reports surpass expectations. Such cycles run their course, and the economic reports turn softer. That overperform/underperform cycle can repeat itself multiple times during an economic expansion until the economy finally rolls over, and we land in a recession. Click here to read the full analysis on our website...https://lnkd.in/gFRnSDvD

Don't wait to plan your financial future—start now! The sooner you begin, the greater the rewards later. Watch this video to learn how to make time work for you!

Finding the right financial advisor is key to your prosperity! ?? Not all advisors are the same, so how do you choose the right advisor for you? Watch this video to break it down!

On January 13th, the Wall Street Journal published an article entitled “Investors Hope Earnings Season Can Revive Faltering Stock Rally—With the Fed unlikely to cut interest rates as quickly as hoped, corporate earnings growth becomes even more critical.” It’s not unusual to see a financial website write a story expressing concerns about the upcoming earnings season—in this case, Q4 2024. Click here to read the full analysis on our website... https://lnkd.in/eSwAen2y

The Consumer Prices Index, as reported by the U.S. Bureau of Labor Statistics (BLS), rose 0.5% in January; the annual rate is up 3.0% versus 2.9% in December. The closely followed core CPI, which excludes food and energy, rose 0.4% (0.446%, nearly rounded to 0.5%), the biggest increase since April 2023. On an annual basis, the core rate rose to 3.3% in January vs 3.2% in December. It has been stuck between 3.2% and 3.3% for eight months Read the full analysis on our website...

?? This Valentine's Day, Show Your Loved Ones Some Love and Security ??? Life is full of meaningful relationships—and your life insurance policy can play a big role in taking care of the people you cherish most. ??? Did you know that a life settlement can help turn your life insurance policy into a source of financial support for you and your family today? ??? What is a Life Settlement? A life settlement allows you to sell an unneeded or unwanted life insurance policy for cash—giving you the flexibility to invest in what matters most, whether it's retirement, healthcare, or making unforgettable memories with loved ones. ??? Why Now? Just like love, life is unpredictable. Reviewing your policy regularly is key to ensuring it aligns with your goals and provides the security your family deserves. This Valentine’s Day, take a moment to reassess your plans and explore options like life settlements to maximize your policy’s value. ??? Spread the Love: ·????????Help to ensure your family’ needs are net. ·????????Work towards achieving financial peace of mind. Celebrate the freedom to focus on what matters most. https://lnkd.in/gqGKRUqa *Each client’s experience varies, and there is no guarantee that a life settlement will generate an offer greater than the current cash surrender value. In such cases, the client can always surrender their policy to the carrier if the coverage is no longer needed. Valmark Securities supervises all life settlements like a security transaction and its registered representatives act as brokers on the transaction and may receive a fee from the purchaser. Once a policy is transferred, the policy owner has no control over subsequent transfers and may be required to disclosure additional information later. If a continued need for coverage exists, the policy owner should consider the availability, adequacy and cost of the comparable coverage. A life settlement transaction may require an extended period to complete and result in higher costs and fees due to their complexity. Policy owners considering the need for cash should consider other less costly alternatives. A life settlement may affect the insured’s ability to obtain insurance in the future and the seller’s eligibility for certain public assistance programs. When an individual decides to sell their policy, they must provide complete access to their medical history, and other personal information. #LifeSettlements #PolicyManagement #ValentinesDay #FinancialFreedom #SecureYourFuture

Our weekly Insights offers updates on pertinent financial and economic topics that educate and inform. They focus on what is important to investors. These may include inflation, the economy, interest rates, the Federal Reserve, and corporate profits. Read the full analysis on tariffs on our website...https://lnkd.in/gtWRC-x8

Read this case study that summarizes a recent life settlement where we helped a client get out of an unaffordable premium and raise significant cash proceeds. This solution could be good to consider for any client you have who owns a life insurance policy on a 65+ year old insured.? https://lnkd.in/gjCFhHiM

The U.S. Bureau of Economic Analysis reported last week that Gross Domestic Product (GDP), which is the largest measure of goods and services for the economy, expanded at a 2.3% annualized pace in the fourth quarter. That’s down from 3.1% in Q3. Read the full analysis on our website...