Positive Economic Trends as 2016 Draws to a Close

Darcy Bergen

A certified retirement financial advisor, Darcy Bergen provides clients with a host of tax management services designed to minimize liabilities and grow wealth. Maintaining a close watch on macro trends, Darcy Bergen offers regular market updates at www.bergenfinancialgroup.com.

A late November 2016 post focused on gains during an abbreviated Thanksgiving trading week when the Dow, S&P 500, and NASDAQ all achieved all-time highs. With this round of gains capping a year of sustained growth, cumulative gains reached 7 percent.

Another area of strength was the U.S. dollar, with positive news on the U.S. economic front bringing the currency ever closer to its European counterpart. If Deutsche Bank predictions hold, the dollar will reach parity with the Euro by mid 2017 and may even surpass the Euro’s value.

In the commodities sphere, oil continued to slide, with its price falling to $47.24, as uncertainty reigned on whether producing nations could coordinate efforts to curb production. That said, the price is substantially higher than the $30 per barrel 10-year low reached in early 2016. Some forecasters expect prices to stabilize as members of OPEC and other major oil exporters achieve harmony in policy going forward.


Lifestyle Management Aspect of Financial Planning


CRFA Educates Financial Advisors via SCRFA – The Retirement Academy

SCRFA - The Retirement Academy pic
SCRFA – The Retirement Academy
Image: scrfa-academy.org

Darcy Bergen combines his knowledge of retirement solutions and insurance products as the owner of Bergen Financial Group. In addition, Darcy Bergen also is a Certified Retirement Financial Advisor (CRFA).

The CRFA organization holds accreditation from the National Commission for Certifying Agencies. Individuals credentialed as CRFAs maintain a high standard of professional services by completing a comprehensive exam and then by fulfilling a client’s needs, even after they make a sale. CRFAs also are trained in interpreting tax returns, educating clients on a variety of insurance products, and estate planning.

The CRFA organization established SCRFA – The Retirement Academy to support prospective CRFAs. This training program aims to educate future financial advisors and prepare them for careers in the financial services industry. SCRFA – The Retirement Academy teaches students through one-on-one and teleconference sessions, online classes, and live seminars. The academy also provides students with The Professional Retirement Manual, a review guide covering different aspects of retirement. After completing the training program, students are qualified to sit for the CRFA exam.

Financial Solutions Offered at Bergen Financial Group