LIFESTYLE DRIVEN ADVICE
MAY 2022

Hello,

As we end the third week of May, we would like to begin this newsletter by wishing a belated happy Mother's Day to all the mothers in the XML family and our clients who are mothers as well. As markets continue to tumble and fears of a recession mount, XML President, Curtis Congdon, takes a look at the data to see if there is any truth to a potential recession being sparked by the Federal Reserve. 

To put your account access in the palm of your hands, we are proud to introduce to you the XML Financial Group mobile app! Our app will allow you to securely log in to see your portfolio, secure vault, receive access to our newsletters, webinars, resources, and many other things. It is available for download now in the iOS App Store and the Android Play Store. 

With the markets in a steady decline in 2022, our upcoming webinar is one that will explore investor psychology and why behavioral risk—not market risk—is the biggest threat to your financial security. On June 13 at 12PM ET, XML President Curtis Congdon will be joined by Orion Advisor Solution's Chief Behavioral Officer, Dr. Daniel Crosby, Ph.D., for an engaging discussion on The 10 Commandments of Investor Behavior. 

As always, if you have any questions about the information shared in the newsletter, please don’t hesitate to get in touch.

Wealth Insights: Mother's Day Data

In this week's edition of Wealth Insights, XML President Curtis Congdon explores the possibility of the economy entering into a Federal Reserve-induced recession.

Resources

Things Are Getting Worse For The “Sandwich Generation”

There are still major financial disparities between men and women, and the pandemic exacerbated this existing inequality. Find out why the sandwich generation is struggling to keep up—and what can be done about it.

XML Mobile App

We are proud to introduce to you the XML Financial Group mobile app! This app will allow you to securely log into your portfolios, secure vault, receive access to our newsletters, webinars, resources, and many other things. It is available for download now in the iOS App Store and the Android Play Store. 

Upcoming Webinar

10 Commandments of Investor Behavior

On Monday, June 13 at 12PM ET, Curtis Congdon (President, XML) will be joined by Dr. Daniel Crosby, Ph.D. (Chief Behavioral Officer, Orion Advisor Solutions) for an important conversation about the 10 Commandments of Investor Behavior: 10 rules that can help you minimize the behavior gap and reach the retirement you deserve. This engaging discussion will explore the four times you should never make a big investment decision, why it pays to be ordinary when it comes to investing, and much more.

XML Team News

Proud Sponsor

XML Financial Group is committed to helping the next wave of entrepreneurs and we're always thankful whenever we have the chance to do so. XML has been a proud sponsor of the Bullis School's Shark Tank event where students pitch three Shark Tank judges their prospective business idea. The winning team is awarded $10,000 in start-up funds. Watch the video of the event and see these future entrepreneurs in action!

Expanding our Presence

XML Financial Group is pleased to announce that it has entered into a definitive agreement to acquire Samson Wealth Management Group. The acquisition of this Fort Washington, PA firm - expected to close in Q3 of 2022 - will help bolster our presence in the Mid-Atlantic region. Please find more details about the acquisition in this press release.

403(b) or 401(k)?

The two most popular employer-sponsored retirement plans are the 401(k) and 403(b), and in a recent article, XML Senior Wealth Advisor, Lauren O'Brien was asked to give her thoughts on the pros and cons of 403(b)s.

This communication is for information and educational purposes only. This is not a recommendation for the sale or investment in any product or strategy nor should it be perceived as individual advice. Information presented has been prepared from sources believed to be reliable but is not guaranteed and does not represent all available data necessary for making investment decisions. Economic and market forecasts presented herein reflect a series of assumptions and judgments as of the date of this presentation and are subject to change without notice. Forecasts do not consider the specific investment objectives, restrictions, tax and financial situation or other needs of an individual. Actual data will vary and may not be reflected here. Accordingly, these forecasts should be viewed as merely representative of a broad range of possible outcomes. The opinion expressed by this individual is based on facts and circumstances known at this time, is subject to change and does not reflect the opinions of all financial professionals of XML.