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5 Financial Planning Steps You Need to Take After Losing Your Spouse/Partner

Estate Planning Estate Planning for Gay Couples Financial Advice Financial Advisor Financial Planning for Gay Couples Financial Planning for same-sex couples Financial Planning for Women Gay Friendly Financial Advisor Annapolis September 13, 2022 Author: Woody Derricks

5 Financial Planning Steps You Need to Take After Losing Your Spouse/Partner There is little as world-shaking as losing your spouse or partner. So, give yourself time and space to grieve and heal. But also take time for financial planning, which can help you begin to feel confident again about your life and your future. Here’s our […]

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College Transition Tips for Parents and Kids: How to Prepare for the Big Move

Budgeting Tips Financial Advice Financial Advisor Financial Planner Financial Planning Financial Services Investment Advice Legacy Planning August 5, 2022 Author: Woody Derricks

College Transition Tips for Parents and Kids: How to Prepare for the Big Move The time has come; your child is heading off to college! This can be a bittersweet event for you as a parent. If you feel a little lost, don’t worry, it is normal and expected. We have some tips for parents […]

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The Importance of Comprehensive Wealth Management for Domestic Partners

Accredited Domestic Partnership Advisor June 30, 2022 Author: Woody Derricks

The Importance of Comprehensive Wealth Management for Domestic Partners For LGBTQ+ individuals and couples, reaching financial goals frequently presents unique challenges. You may be aware of some of the issues that can affect you and your loved one’s financial well-being; others may come as a surprise. However, one thing is clear- when it comes to […]

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Q1 2022 Passionate Investor

Certified Financial Planner Financial Advice Financial Advisor Financial Planner Financial Planning Financial Services Investment Advisor Investment Strategy Registered Investment Advisor Retirement Planning RIA Wealth Management April 29, 2022 Author: Woody Derricks

Q4 2021 Market Review and Commentary  Market Review* Equity markets generally outperformed fixed-incom e markets with the S&P 500 falling 4.60% (including dividends) and the Barclay’s Capital U.S. Aggregate Bond index falling 5.93%. Small caps underperformed large cap stocks (S&P 500) as the Russell 2000 small cap stock index returned -7.53%. Value outperformed Growth during […]

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2022 InvestmentNews Nomination

Financial Advisor Financial Advisor for Gay Couples Financial Advisor for LGBT Couples Financial Planning for Gay Couples Financial Planning for same-sex couples Financial Planning for Women Gay Friendly Financial Advisor Annapolis LGBT friendly financial Advisor Retirement Planning for LGBT Couples RIA April 20, 2022 Author: Woody Derricks

Partnership Wealth Management named to InvestmentNews’ 2022 Excellence in Diversity, Equity and Inclusion Awards Baltimore, MD – April 4, 2022 – InvestmentNews has recognized Partnership Wealth Management for the second time as a 2022 Excellence in Diversity, Equity, and Inclusion Awards finalist. Partnership Wealth Management, along with 14 other firms, were chosen from more than 120 nominations […]

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Retirement Planning: Our Best Tips for Finding Your “Forever” Home

Financial Advisor Financial Planner Registered Investment Advisor Retirement Planning Wealth Management March 7, 2022 Author: Woody Derricks

Retirement Planning: Our Best Tips for Finding Your “Forever” Home What comes to mind when you hear the term retirement planning?  Probably determining how you will pay for your final decades on the planet.  What is not often discussed is where you’re going to live those decades out.  But this is arguably almost as important […]

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Financial Planning Rules of Thumb: Do These Old Guidelines Actually Work?

Accredited Domestic Partnership Advisor Financial Advice Financial Advisor Financial Planner Financial Planning Financial Services Registered Investment Advisor Retirement Planning RIA Wealth Management February 10, 2022 Author: Woody Derricks

Financial Planning Rules of Thumb:  Do These Old Guidelines Actually Work? The money world is full of financial planning “rules of thumb” that are supposed to make retirement planning easier.  You’ve probably heard of some of these: The 4% Rule for withdrawing from your retirement nest egg The 60/40 Rule for splitting investments between stocks […]

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Should the S&P 500 be Used as Your Benchmark?

Accredited Domestic Partnership Advisor Financial Advice Financial Advisor Financial Planning Financial Services RIA February 4, 2022 Author: Woody Derricks

Should the S&P 500 be Used as Your Benchmark? Many investors consider the S&P 500 index the best benchmark for their portfolios because of its breadth and perceived diversification. However, many might be surprised to know that the index is very concentrated in its holdings based on several measures. What’s Inside the S&P 500? As […]

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Q4 2021 Passionate Investor

Financial Advisor Financial Advisor for Gay Couples Investment Advice Investment Advisor Investment Companies Investment Management Investment Planning Investment Strategy Investments January 25, 2022 Author: Woody Derricks

Q4 2021 Market Review and Commentary  Market Review* Equity markets generally outperformed fixed-income markets with the S&P 500 rising 11.03% (including dividends; +28.71% YTD) and the Barclay’s Capital U.S. Aggregate Bond index rising 0.01% (-1.54% YTD). Small caps underperformed large cap stocks (S&P 500) as the Russell 2000 small cap stock index returned +2.14% (+14.82% […]

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What Should You Look for in a Financial Advisor?

Accredited Domestic Partnership Advisor Certified Financial Planner CFP Estate Planning Estate Planning for Gay Couples Financial Advice Financial Advisor Financial Planner Financial Planning Financial Services Registered Investment Advisor Retirement Planning RIA Wealth Management November 16, 2021 Author: Woody Derricks

What Should You Look for in a Financial Advisor? If you’re serious about securing your financial future, you are likely considering the help of a financial advisor (or are already working with one).  Without that critical relationship, it’s too easy to make mistakes or ignore a blind spot that can derail your plans.  There’s simply too much at stake to go it alone.    But here’s the key:  it has to be the right financial […]

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