Market updates, company news, and financial musings from the investment advisers at Fischer Financial services.
For more about the firm and what services we provide, visit us at fischerfinancialservices.com
The foregoing content reflects the opinions of Fischer Financial Services and is subject to change at any time without notice. Content provided herein is for informational purposes only and should not be used or construed as investment advice or a recommendation regarding the purchase or sale of any security. There is no guarantee that these statements, opinions or forecasts provided herein will prove to be correct.
Past performance is not a guarantee of future results. Indices are not available for direct investment. Any investor who attempts to mimic the performance of an index would incur fees and expenses which would reduce returns.
By Michael Cherewka, Esq. Losing a loved one is never easy and navigating the legal and financial responsibilities that follow can feel overwhelming. One area that often causes confusion is Pennsylvania inheritance tax. Understanding the rules can help families avoid unnecessary stress, delays, and costly mistakes during the estate administration process. Waiting Too Long to…
By Gary C. Sanger, Ph.D., CFA Happy 250th Birthday, America! The U.S. and Iran signed a 60-day Memorandum of Understanding in June, creating a temporary pause in hostilities following several months of conflict. That all recently ended as a result of Iran’s continuing attacks on ships in the Strait of Hormuz. President Trump has…
By Michael Cherewka, Esq. If you’re married, here’s the uncomfortable truth. There’s a very real chance one of you will need long-term care while the other is still living independently. And when that happens, this isn’t just a healthcare issue, it’s a financial one as well. Most families assume that: “We’ll just use savings;” “Insurance…
By Gary C. Sanger, Ph.D., CFA The lead story here is the US-Israeli attack on Iran. The conflict began February 28, and it continues to date. The Trump administration’s stated goal is to end the war within weeks. So far, despite oil prices rising above $100 per barrel, the global economic effects have been quite…
By Gary C. Sanger, Ph.D., CFA Welcome to 2026! The Federal government shutdown underway at the end of last quarter ended on November 12, lasting a record 43 days. However, funding for most of government was only extended until January 30 under a temporary resolution, so another shutdown is possible. According to the Bureau of…
By Michael Cherewka, Esq. The dawn of a new year is always a time for fresh starts and thoughtful planning, and 2025 is no exception. With the changing of the presidential administration, many individuals are understandably curious about how potential shifts in the political climate might affect their financial and estate planning. Whether you’re new…
By Gary C. Sanger, Ph.D., CFA Overall economic conditions have continued to improve this quarter. The new Trump administration brings hope for US economic growth and improved efficiency in government. However, new tariffs, if actually enacted, could raise prices and slow growth. According to the Bureau of Economic Analysis, US real annualized GDP rose by…
By Fred D. Fischer, President Today, just about everyone and anyone claims to be a “Professional Investment Manager.” The list includes attorneys, accountants, actuaries, wealth managers, financial planners, and bank trust departments. Why are the aforementioned not considered “Professional Investment Managers?” Based on my 30+ years of experience and knowledge as an expert witness,…
By Fred D. Fischer, President We are an asset manager creating wealth by growing client portfolios. Our firm may be the only one in Central PA which has a 30-year performance track record that is GIPS® compliant and verified by independent auditors. GIPS standards were designed to provide assurance for investors who want reliable…
By Fred D. Fischer, President Fischer Financial Services, Inc. provides asset management services to clients in 30 states. We expect to increase the number of states primarily by word of mouth referrals. Our success is a function of our world class service and performance.
by Fred D. Fischer, President of Fischer Financial Services, Inc. As a registered investment adviser in Central PA, Fischer Financial Services, Inc. can refer to themselves as Investment Counsellors because the firm devotes 100% of its time and resources, and receives 100% of its revenues, for managing investment accounts only. Few other firms in…
By Michael Cherewka, Esq. Trusts allow you to avoid probate, minimize taxes, provide organization, maintain control, and provide for yourself and your heirs. In its most simple terms, a trust is a book of instructions wherein you tell your people what to do, when. While there are many types of trusts, the major distinction between…
By Fred D. Fischer, President Fischer Financial Services, Inc. serves as an Asset Manager for small business owners and professionals. Our investment philosophy is to produce the best return with the least amount of risk. Over the years, our firm has ranked as a “Top Gun” in the Informa Investment Solutions’ PSN database of…
by Fred D. Fischer, President Our firm has studied the Investment Advisers Act of 1940 and the Securities and Exchange Act of 1934. Those laws regulate registered investment advisers in the U.S. The laws and regs do not require investment managers, or other individuals purporting to give investment advice, to measure their performance for each…
By Fred D. Fischer, President Wealth management firms by definition cannot hold themselves out to be “Investment Counsellors.” The Investment Advisors Act of 1940 states that a substantial part of its business consists of rendering investment supervisory services. Wealth managers earn a portion of fees by providing financial planning services and are not 100% dedicated…
by Fred D. Fischer, President Fischer Financial Services, Inc. is a Professional Investment Management Firm. Asking if benchmarks of excellence are necessary in managing investments is equivalent to asking a professional golfer if keeping his score against par is relevant. Providing a client with an investment return of 5%, 10%, or 15% is irrelevant because…
by Fred D. Fischer, President Our firm has studied the Investment Advisers Act of 1940 and the Securities and Exchange Act of 1934. Those laws regulate “Registered Investment Advisers” in the U.S. The laws and regs do not require investment managers, or other individuals purporting to give investment advice, to measure their performance for each…
By Fred D. Fischer, President Fischer Financial Services, Inc. is a registered investment adviser in Central Pennsylvania. We are different than most of the other registered investment advisers in our area. Most everyone else is a Wealth Management firm which is the latest terminology for a Financial Planning firm. We are purely Investment Management…
By Fred D. Fischer, President As a registered investment adviser, Fischer Financial Services, Inc. serves as a fiduciary for all of our clients. Our ongoing mission is to protect our clients’ best interests by faithfully managing their investment accounts with the utmost integrity. This is accomplished by placing the needs of our clients ahead…
By Fred D. Fischer, President Today, just about everyone and anyone claims to be a “Professional Investment Manager.” The list includes attorneys, accountants, actuaries, wealth managers, financial planners, and bank trust departments. Why are the aforementioned not considered “Professional Investment Managers?” Based on my 30+ years of experience and knowledge as an expert witness,…
By Fred D. Fischer, President Fischer Financial Services, Inc. serves as an Asset Manager for small business owners and professionals. Our investment philosophy is to produce the best return with the least amount of risk. Over the years, our firm has ranked as a “Top Gun” in the Informa Investment Solutions’ PSN database of…
By Fred D. Fischer, President We are an asset manager creating wealth by growing client portfolios. Our firm may be the only one in Central PA which has a 25-year performance track record that is GIPS® compliant and verified by independent auditors. GIPS standards were designed to provide assurance for investors who want reliable…
By Fred D. Fischer, President Fischer Financial Services, Inc. provides asset management services to clients in 26 states. We expect to increase the number of states primarily by word of mouth referrals. Our success is a function of our world class service and performance.
by Fred D. Fischer, President of Fischer Financial Services, Inc. As a registered investment adviser in Central PA, Fischer Financial Services, Inc. can refer to themselves as Investment Counsellors because the firm devotes 100% of its time and resources, and receives 100% of its revenues, for managing investment accounts only. Few other firms in…
By Michael Cherewka, Esq. Trusts allow you to avoid probate, minimize taxes, provide organization, maintain control, and provide for yourself and your heirs. In its most simple terms, a trust is a book of instructions wherein you tell your people what to do, when. While there are many types of trusts, the major distinction between…
By Michael Cherewka, Esq. Considering the myriad of trusts available, creating an estate plan that works can seem daunting. Here’s a look at the basics of ten common trusts to provide a general understanding. All you need to do when meeting with an estate planning attorney is share your goals and insight into your family…