Drake & Associates Blog

23May 2017

From phone scams to phishing emails, scammers are using the vulnerability of a kind heart to not only target veterans, but also their families. Financial advisor Mike Williams talks with Milwaukee’s WTMJ-4 on Thursday at 4:10 PM about the 5 most common scams targeting U.S. service members and veterans: Imposter Scams – The imposter scam […]

23May 2017

Millions of college students will graduate this spring! It’s the debt that keeps on growing – student loan debt now tops $1.4 trillion! New numbers show here in Wisconsin, 70% of college students graduate with debt, and the average is $29,460. But getting a tassel doesn’t have to be a financial hassle. Financial advisor Nick Foulks […]

22May 2017

Early last week, both the S&P and NASDAQ recorded all time highs before tumbling along with the Dow as political concerns rose. By Friday, though, the markets had largely rebounded and steadied. The S&P 500 closed the week down 0.38%, the Dow saw a 0.44% loss, and the NASDAQ reported a 0.61% decline. The MSCI […]

18May 2017

The tornado in western Wisconsin illustrates the importance of being prepared for disasters. Financial professional Brad Allen talks with Milwaukee’s WTMJ-4 about the 5 things to do now to make sure you are financially prepared for the worst. 1. Check Your Insurance – You should consider what you need for insurance now – you might […]

15May 2017

Markets tuned out noise from Washington last week and continued to focus on economic fundamentals. Mildly rebounding retail sales and strong consumer sentiment seem to point toward a modestly stronger second quarter. After a three-week winning streak, both the Dow and S&P 500 reported slight losses. The Dow closed with a 0.53% loss, and the […]

11May 2017

The busy spring home buying season is here and it is off to the strongest start in more than a decade! As potential home buyers get ready for another competitive season, Brad Allen talks with Milwaukee’s WTMJ-4 about a few steps to take now, in order to save big bucks down the road. Buying a […]

08May 2017

Weekly Market Update: May 8, 2017 Last week, stocks rose but floated within a narrow trading range. By Friday, however, both the S&P 500 and the NASDAQ reached record highs. For the week, the S&P 500 gained 0.63%, the Dow finished up 0.32%, and the NASDAQ rose 0.88%. The MSCI EAFE added 1.7%. Overall, we […]

02May 2017

Saturday, May 6th is “shred day” in Milwaukee — designated by the Better Business Bureau and a day to take steps to protect yourself from identity theft and get your finances in order. There will be free shredding on Saturday morning from 8:30 am – 11:00 am at the SVA Public Accountants office in Brookfield. […]

01May 2017

Weekly Market Update: May 1, 2017 Stocks continued their advance on generally strong earnings reports this week despite the GDP report showing a slow first quarter economy. The S&P 500 rose 1.51%, the Dow gained 1.91%, and the NASDAQ added 2.32%. On Tuesday, the NASDAQ post-ed record highs as it closed over 6,000 for the […]

27Apr 2017

President Trump is promising one of the biggest tax cuts in American history, and his administration just released new details. The president plans to roll out his campaign promise of reducing from seven tax brackets to three and other steps to simplify the tax code. Tony Drake, CFP® talks with Milwaukee’s WTMJ-4 about the plan […]

24Apr 2017

From childcare to college to cellphone bills — parents pay a steep price for their kids. And with Mother’s Day approaching, what better time to break down the price of a parent’s love? Financial advisor, Nick Foulks, joins Real Milwaukee on FOX-6 with some advice on cutting down some of the biggest costs related to […]

24Apr 2017

Weekly Update – April 24, 2017 Domestic stocks posted losses on Friday, April 21, largely due to investor concerns about the French election. Despite these daily losses, U.S. indexes broke their two-week losing streak, with the S&P 500 adding 0.85%, the Dow gaining 0.46%, and the NASDAQ increasing 1.82%. International stocks in the MSCI EAFE […]