Welcome to Cornerstone Financial Group!
Cornerstone Financial Group was founded with one very specific goal which was to provide Financial Planning, Asset Distribution, and Investment Strategies for high net worth individuals, successful professionals, corporations, and business owners. Our approach helps manage risk, provide lifetime income, better protect growth and aims to minimize taxes.
Retire on your own terms: Get guidance to help you create a better retirement strategy.
With more lifestyle choices than ever before, you need to know what a successful retirement looks like to you to understand your income needs. Making informed decisions at this stage can help you build a better retirement strategy. Cornerstone Financial Group believes you should consider reviewing our new software, the Asset Cycle Portfolio System®. It is an innovative program that will help you know and understand how to take income distribution from your assets. Distributing assets from your plan beginning to end is very import. Knowing how the RMD’s will affect your strategy. Helping you determine which asset to let accumulate so it has time to build and grow for distribution later. The Asset Cycle Portfolio System® is a Key software program to have in your retirement strategy.
We host periodic Financial Wellness Events and Forums. Click below for more information.
| Weekly Economic Update - 2.20.12 |
CONSUMER PRICES UP 0.2% for January
Major factors in this increase in the Consumer Price Index include a 0.9% rise in the price of clothing as well as rising rents and healthcare costs. Core CPI also rose 0.2% in January. |
| Weekly Economic Update - 2.13.12 |
WILL THE MORTGAGE ACCORD BRING MUCH RELIEF?
While the $25+ billion settlement reached last week between five large mortgage servicers and 49 states was momentous, it may not help many borrowers in trouble. Only about 1 million of the estimated 11 million underwater homeowners will see relief as loans sold to Fannie Mae and Freddie Mac aren’t included in the deal. Much of the settlement money will go toward mortgage modification. Roughly 750,000 homeowners are slated to receive financial compensation from the accord (an average of about $2,000 per household). The lenders involved are JPMorgan Chase, Bank of America, Ally Financial, Citigroup and Wells Fargo; other banks could join them. (The state of Oklahoma forged its own agreement with the five lenders.)1,2 |
| Weekly Economic Update - 2.3.12 |
JOBLESS RATE DOWN TO 8.3%
Are we seeing a trend here? The unemployment rate has now fallen 0.8% in the last six months. We haven’t seen a descent this sharp and swift since 1984. |
| Weekly Economic Update - 1.30.12 |
ECONOMY GROWS 2.8% in Q4
While this is the best GDP reading since Q2 2010, the initial estimate from the Bureau of Economic Analysis still disappointed the markets. Many economists and investors were looking for growth of 3.0% or better. |
| Weekly Economic Update - 11.28.11 |
A TINY INCREASE IN CONSUMER SPENDING Personal spending advanced by just 0.1% in October, the smallest gain in four months, as measured by the Commerce Department. Hopefully a strong Black Friday and Cyber Monday will make November a different story. |
