Insights: Investment Management

River Hill Magazine: Does Your Portfolio Look Like a Shoebox? Part III: What to Do About It

The first article in this series defined the concept of a shoebox portfolio. The second article focused on how to organize your account information. Our topic for this month is how to analyze the portfolio. The first step in the portfolio analysis process is to develop a customized investment policy statement. The statement should take […]

River Hill Magazine: Does Your Portfolio Look Like a Shoebox? Part II: Getting Organized

The first article in this series (February, 2015) defined the concept of a shoebox portfolio, identified the various effortless ways that a shoebox portfolio can be cultivated, and pointed out the pitfalls and consequences of neglecting a thorough portfolio review on a periodic basis. This article focuses on how to address the problems of a shoebox […]

River Hill Magazine: Does Your Portfolio Look Like a Shoebox?

The title of this article is an investment take on the concept of clients presenting accountants with shoeboxes full of miscellaneous “stuff” at tax time. The accountants are then given the mandate to “make order out of chaos” by sifting through the rubble and miraculously pulling the necessary tax information together in a cohesive manner. In […]

River Hill Magazine: Asset Class Correlation – A Useful Tool for Managing Investment Risk

With U.S. stock market indices at or near record highs and showing increasing signs of stress, it is an opportune time to reinforce the long-term benefits of permanently including some out-of-favor positions in your portfolio.   An investment strategy practicing broad diversification can pay-off with reduced downside volatility and lead to higher long-term returns.  A Dose […]

The Business Monthly: Lifecycle Target Date Funds – Not a Holy Grail Investment Plan

As the 40th anniversary reunion of famed comedy troupe Monty Python takes place in London this summer, it seems an appropriate time to mention a very different perceived Holy Grail of company retirement plan investing – namely “lifecycle” or  “target date” funds (TDF).  These hybrid investment products are being marketed to the masses by mutual […]

Press Release — Advisor Completes Challenging Decade Safeguarding Howard County MD Pension

Baltimore MD – Oct. 1, 2013 – Christopher P. Parr, of Columbia-based Parr Financial Solutions, Inc. completed his 2nd, voluntary five-year term as a member of the Howard County MD Pension Oversight Commission. Mr. Parr also served as chairperson of the Commission since 2007 and during the turbulent “Great Recession” of 2008 – our country’s […]

Financial Planning Magazine – Safer Strategies for Leveraged Investing

Christopher P. Parr comments on leveraged investing in Financial Planning Magazine :  “My advice to clients over my 20-plus years has always been to never buy on margin,” says Chris Parr,  who heads Parr Financial Solutions, a wealth management firm in Columbia, Md. “You should not invest what you don’t have.” Several planners agreed that margin loans […]

Baltimore Sun – Wall Street Shrugs Off Sequester

Christopher P. Parr, when interviewed by Baltimore Sun columnist Eileen Ambrose on whether Wall Street ignoring political drama in Washington is the new norm, said “Wall Street has gotten ahead of the game.” “Sure, there are positive signs, Parr said, but the economy’s annual growth rate will be cut by at least half a percentage […]

The Business Monthly: Five Steps to Prepare for Tax Uncertainty

In this article, Christopher Parr provides five steps to prepare for major or potential income and investment tax changes for the 2013 tax year.  He first explains the several earned income-related changes and the investment income-related changes that require monitoring and planning as the status becomes clearer.  Earned income-related changes include employee social security, Medicare […]

The Business Monthly: Watch Out for Three Potential Traps When Searching for Higher Interest Rates

Christopher P. Parr’s article on the potential interest rate traps of seeking higher interest rates, was written in response to the low interest rate environment.  He explains the concept of financial repression and how it punishes savers and forces consumers to take more risk in an attempt to earn inflation-beating returns.  The article was inspired […]