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Charitable giving rarely happens in isolation from the rest of a person’s financial life. Decisions about what to give, when to give, and how to structure that giving are often intertwined with estate planning, tax strategy, and long-term goals for family and legacy. Planned giving is the framework that brings those considerations together. For donors…

Accessing account information on the go can be a tremendous convenience as we keep our mobile phones at hand. However, safeguards are warranted to protect our accounts from fraud. In my role as Cornerstone’s Chief Compliance Officer, I remain alert to recommendations from the U.S. Securities and Exchange Commission (SEC) for reducing cyber risks. I…

While the expanding context for online access to account information offers convenience to many investors, it also increases the need for safeguards. Such measures are critical in my role as Cornerstone’s Chief Compliance Officer. As a registered investment advisor, Cornerstone Management is regulated by the U.S. Securities and Exchange Commission (SEC). I am pleased to…

The American Council on Gift Annuities (ACGA) recently announced that the suggested maximum payout rates will increase for new charitable gift annuity contracts issued beginning January 1,2023. The payout rates of contracts already in place or of new annuity contracts issued prior to January 1st are unchanged. The maximum annuity payout rates will be higher…

Capitalism works because it encourages and rewards those who successfully take risks, adapt to change, and develop profitable opportunities. – Henry Blodget The story of the third quarter may be told in terms of tweets and monetary policy. Donald Trump continued his tweeting barrage, but his tweets related to the trade war with China and…

People’s spending habits depend more on how wealthy they feel than with the actual amount of their current income. – A.C. Pigou (English economist, The Theory of Unemployment) Equities rebounded in the third quarter, but despite the improvement in U.S. equities, a strengthening dollar and continued tightening by the Federal Reserve proved challenging for other…

Then you ought to have invested my money… I should have received what was my own with interest. -Matthew 25:27 As an investment consultant for Christian nonprofits, Cornerstone Management often encounters organizations with a conservative philosophy toward investing. We believe that approach can be wise stewardship, particularly when we consider that the funds entrusted to…