Entries by Christopher P. Parr

The Business Monthly: When Does A Revocable Living Trust Make Sense?

A Revocable Living Trust (RLT) is one of the most misunderstood tools in estate planning. The RLT is sometimes over-hyped by aggressive estate planning seminar marketeers targeting senior citizens. It is important to emphasize that not all seminars on estate planning and revocable living trusts are hype. The best estate planning attorneys objectively explain when such […]

The Business Monthly: Gifting Appreciated Securities – A Win-Win Deal

Charitable contributions are an important part of many household budgets. It is quite common for families who budget carefully to base annual contributions to charities on a targeted percentage of gross household income. Charitable donations generally range between 1% to 10%. A typical percentage is perhaps 3%. Most donees, however, overlook a gifting strategy that […]

The Business Monthly: How to Weather Stock Market Turbulence

Safe to say that with a fair amount of monumental events happening throughout 2011, investors experienced the upsides and downsides of stock market turbulence. Throughout the years I have developed a few ways to weather stock market turbulence and reduce volatility through diversification. Weathering Stock Market Turbulence I recommend that investors take these five steps […]

The Baltimore Sun: Debt-Ceiling Debate

Debt-ceiling debate, market downslide test investors’ appetite for risk For risk-averse, it’s a good time review your portfolio. Christopher Parr is quoted in this article, which discusses how to manage risk in your portfolio. “If it is for short-term purposes — within the next year or up to five years — that money shouldn’t bounce […]

Columbia Financial Advisor reappointed to Howard County Pension Oversight Commission

BALTIMORE, MD — Christopher P. Parr of Clarksville, president of Columbia-based Parr Financial Solutions, Inc., has been reappointed to serve a voluntary, second five-year term as a member of the Howard County Pension Oversight Commission. Parr has also been serving as the elected chairperson of the Commission since 2007. The five-member Oversight Commission monitors the […]

Dental Products Report: Christopher P. Parr Among “2011 Best Financial Advisors for Dentists”

BALTIMORE, MD — Christopher P. Parr, president of Columbia-based Parr Financial Solutions, Inc., has been recognized by Dental Products Report as one of “2011 Best Financial Advisers for Dentists”. The list includes 77 advisers nationwide. Advisors were selected based on certifications, over a decade of experience with a depth of knowledge about a broad range […]

Parr Provides Insight to Students at U of MD Business School Event

COLLEGE PARK, MD — Christopher P. Parr, president of Columbia-based Parr Financial Solutions, Inc., was invited by the Alpha Kappa Psi, Omega Theta chapter (University of Maryland College Park) to participate in a two-part “Getting Ahead” career event along with six other well-established, highly successful professionals and executives representing a variety of fields. The first […]

The Business Monthly: The Mortgage Debt Time-Bomb

As we approach the end of the third quarter of 2002, short-term interest rates set by Federal Reserve Policy are at 40-year lows of 1.75%, and could be headed even lower to stimulate a sagging economy that is potentially on the verge of entering a double-dip recession.  Mortgage rates are also at extremely attractive levels. […]