Why SWA?

Put the SWA advantage to work for you.

Learn More


Concerned about market volatility?

Watch Now

Contact Us

Send us an email or call us today.

Email Us

C.H. Robinson

We specialize in working with C.H. Robinson employees across the U.S.

Learn More


1st Quarter 2014 Earnings Reports for S&P 500 Companies:

Written by Summit Wealth on .

Approximately 92% of the S&P 500 companies have reported earnings for the first quarter (as of 5/8/14). Total earnings for those companies is up 1.6% from the same period last year on a +0.6% increase in revenue. Approximately 69% of those companies beat their Earnings per Share estimates and about 50% have come out with positive revenue surprises.

These figures would have actually been significantly better if the Finance sector wasn’t such a drag on earnings. If we exclude the Finance Sector from the reported first quarter results, total earnings would have been up 4.0 and the revenue increase number would have been +3.3%.

For the first five weeks of the second quarter of 2014, we have seen earnings revisions of -2.2%, which is a lower drop than the 3.3% drop in the second quarter of 2013. It is also below the 3.1% drop for the comparable period of the first quarter of 2014.

There are no facts or circumstances in these numbers that would lead us to believe that a considerable, sustained pull-back is coming for the markets. However, stay tuned as this information does (and will likely) change.


The Impact Inflation Has on Your Retirement

Written by Summit Wealth on .

Ben Bernanke and the Federal Reserve are looking to keep inflation at about 2% per year (see linked Wall Street Journal article), which, in my opinion would be a welcome sight!!  While I don’t know the specifics of each person’s spending habits, I am quite sure that many of the good and services my family spends our hard-earned dollars on have surely increased by more than 2% per year over the last several years.  Let’s take a look at a few of them and how they impact my (and your) retirement:


Should You Depend on Social Security?

Written by Summit Wealth on .

Per the most recent Social Security Board of Trustees report, the Old-Age and Survivors Insurance and Disability Insurance trusts will likely be exhausted in 2036.  What this means is, as things stand today, Social Security beneficiaries can expect to receive about 77% of scheduled benefits after that point.


Debt Ceiling Commentary

Written by Summit Wealth on .

Before heading into a sure to be news filled week-end, we want to give you our view on the debt ceiling and deficit debates that are nearing O.J. Simpson-like coverage. 


United States Credit Rating is Downgraded By Standard & Poor’s

Written by Summit Wealth on .

Comments – United States Credit Rating Downgraded by Standard & Poor’s

August 7, 2011

Shortly after 8:00pm on Friday, August 5 came the news from Standard & Poor’s of a downgrade of the U.S. long-term credit rating from AAA to AA+.  A downgrade was in the back of many people’s minds, the question was still if, and if so, when.   

North Metro: 763.355.5873
227 East River Parkway
Champlin, MN 55316-5873

South Metro: 612.987.9112
5871 Crossandra Street SE
Prior Lake, MN 55372-3337

West Metro: 763.639.3425
322 Greenhill Lane
Long Lake, MN 55356

This email address is being protected from spambots. You need JavaScript enabled to view it.