Blog

Stock Market Commentary October 2021

Stock Market Commentary October 2021

How to Analyze Today’s Stock Market Report Many factors are at play as we look to analyze today’s stock market report. In September, the tech-heavy Nasdaq index dropped 5.3%, and the S&P 500 fell 4.8%, which was their most significant monthly drop since March of 2020, when Covid was shutting down the economy. In

Continue Reading
Ken Wink
How Much Longer Will Social Security Last?

How Much Longer Will Social Security Last?

The future financial status of the Social Security program is a popular topic of debate. Each year, the Trustees of the Social Security trust report on the programs’ current and projected financial status. The annual report has many questioning, will Social Security last?

Continue Reading
Ken Wink
Stock Market Commentary September 2021

Stock Market Commentary September 2021

Today’s Market News: What You Need to Know Many factors are at play as we look to today’s market news. In August, the Dow Jones Industrial Average gained 1.2% (Source: https://www.cnbc.com/2021/new08/30/stock-market-futures-open-to-close-news.html), and our portfolios followed suit with good performance as well. Since we updated our trading strategy on 4/1/2021, our portfolios have performed well, and

Continue Reading
Ken Wink
What Biden’s Tax Plan Could Mean For Your Money

What Biden’s Tax Plan Could Mean For Your Money

President Biden’s election campaign focused heavily on the potential for tax reform. President Biden promised that income taxes should not increase for the lower or middle class throughout the campaign. Although the government has failed to pass any official tax reform, it seems we are inching closer to implementation. Since there is a chance these

Continue Reading
Zach Bachner
Summit Financial Consulting LLC

Summit Financial Consulting LLC

Working With People You Trust.

Your trusted partner for comprehensive financial planning and wealth management in Southeast Michigan.

43409 Schoenherr Road

Sterling Heights, MI 48313

Phone: (586) 226-2100
Fax: (586) 226-3584
Mon-Fri: 9:00 AM - 5:00 PM

© 2026 Summit Financial Consulting LLC. All rights reserved.

All written content on this site is for information purposes only. Opinions expressed herein are solely those of Summit Financial Consulting LLC and our editorial staff. Material presented is believed to be from reliable sources; however, we make no representations as to its accuracy or completeness. All information and ideas should be discussed in detail with your individual adviser prior to implementation.

The presence of this web site shall in no way be construed or interpreted as a solicitation to sell or offer to sell investment advisory services to any residents of any State other than the State of Michigan, Florida, Texas or where otherwise legally permitted. All written content is for information purposes only. It is not intended to provide any tax or legal advice or provide the basis for any financial decisions. All investing involves risk including loss of principal. Past performance does not guarantee future results.

Advisory services are offered through Summit Financial Consulting LLC, DBA Summit Financial Working With People You Trust, an SEC Investment Advisor. Being registered with the SEC and being a registered investment adviser does not imply a certain level of skill or training. Summit Financial Consulting LLC and its representatives do not render tax, legal, or accounting advice. Health/Life/Annuity Insurance products and services offered by the individual insurance agent. Group Health insurance and ancillary benefits are offered through Summit Health Services, LLC. Property/Casualty (P&C) Insurance is offered through Summit Insurance Services, LLC and our local P&C agency partners. Representatives of Summit Financial Consulting LLC offer tax preparation services through Summit Tax Services. Summit Tax Services is a DBA of Heemer Klein & Company and they are owned and operated independently. Tax products and services are offered through Summit Tax Services LLC. Summit Financial Consulting LLC, Summit Health Services LLC, Summit Tax Services LLC, and Summit Insurance Services, LLC are affiliated entities.

Summit Financial Consulting LLC, Summit Health Services LLC, Summit Tax Services LLC, and Summit Insurance Services, LLC are not affiliated with the Social Security Administration or any government agency.

Certified Financial Planner Board of Standards, Inc. (CFP Board) owns the CFP® certification mark, the CERTIFIED FINANCIAL PLANNER® certification mark, and the CFP® certification mark (with plaque design) logo in the United States, which it authorizes use of by individuals who successfully complete CFP Board's initial and ongoing certification requirements.