The First Half of 2020 Was a “Spock” Market Dear Clients: We are pleased to report client equity portfolios experienced excellent performance in the quarter ending June 30, 2020, both on an absolute and relative basis. The S&P 500 had its best quarter since the fourth quarter of 1998, more [...]
To understand stocks’ wild price swings, think of it as a “Spock” Market Mickey Kim / July 3, 2020 Stock market volatility was epic during the first half of 2020, six months that shook the world. U.S. stocks hit a new all-time high “way back” on February 19, [...]
Investors, future is unpredictable and ‘tail-end consequences’ can devastate Mickey Kim / June 5, 2020 We humans hate uncertainty. In dangerous times, we crave assurance if we do X and Y, then Z will occur and all will be good again. To feed the media beast, there is [...]
HIGHLIGHT: 529 PLANS May 29, 2020 A college education is one of the largest and most important investments you’ll ever make. Unfortunately, the cost of this investment has risen rapidly, illustrating the downside of the “Miracle of Compound Interest.” The average annual cost of college in the US for the 2019-2020 [...]
Dreams of ‘Beverly Hills’ crushed as oil crashes below zero Mickey Kim / May 1, 2020 Come and listen to my story about a man named Jed A poor mountaineer, barely kept his family fed, And then one day he was shootin’ at some food, And up through [...]
HIGHLIGHT: CARES ACT April 21, 2020 The Coronavirus Aid, Relief and Economic Security (CARES) Act was signed into law on March 27, 2020. Here are 7 things you should know about this historic relief package: Help for small businesses:The relief package sets aside $377 billion for loans and grants [...]
Highlight: SECURE Act April 23, 2020 The Setting Every Community Up for Retirement Enhancement (SECURE) Act was signed into law on December 20, 2019 and will have wide reaching effects on retirement and estate planning for many people. The goals of the SECURE Act were to encourage 1) employers to sponsor [...]
Dear Clients: The term “unprecedented” is often misused/overused, but is certainly apropos to describe what would become the COVID-19 global pandemic and concomitant destruction of the world economy and financial/commodity markets. Unfortunately, the lead headline in the April 1, 2020 edition of The Wall Street Journal (“WSJ”), “Stocks End Worst Quarter [...]
FEAR MORE CONTAGIOUS THAN COVID-19 March 17, 2020 There is one thing more contagious and dangerous than COVID-19; that is fear. Not only does fear and anxiety weaken our immune system (we physically become more susceptible to illness), it also wreaks havoc on our decision making. We all want to make [...]
STAY CALM, STAY IN AND STAY THE COURSE March 9, 2020 These past few weeks have been historic in terms of market volatility. Panic seems to be reaching a crescendo today, with stock market “circuit breakers” kicking in for the first time since the Great Financial Crisis of a decade ago. [...]
 |
Associate Director of Client Service |
|
Current Board Member and Vice President of Sans Souci. Past president of Sans Souci and Columbus Young Professionals. Finance Mentor for Turning Point’s Dance Marathon. Leadership Bartholomew County – 2014 and Coalition for Collaborative Learning – 2015. Zach was previously a Credit Analyst and Commercial Lender for MainSource Bank and, most recently, Financial Advisor for Raymond James. Zach joined KM in 2018. |
 |
Associate Director of Client Service |
|
Current member of Heritage Fund Bartholomew County Grants Committee and First Presbyterian Preschool Policy Board. Before joining KM in 2018, Maggie was a financial analyst at Cummins, Inc. |
 |
Roger Lee, CFA, CPA
Senior Research Analyst |
|
Roger joined KM as a Senior Research Analyst in 2016. Prior to joining KM, he sharpened his research skills while on the investment teams of Pacific View Asset Management, the Artisan Partners Global Equity Fund, and Tradewinds Global Investors, a subsidiary of Nuveen Investments. He began his career in assurance services at Ernst & Young. Roger has been a licensed Certified Public Accountant in the State of New York since 2010. |
 |
Collin Foster, CFA
Research Analyst and Fixed Income Portfolio Manager |
|
Collin joined KM as an Equity Analyst in 2015. Prior to joining KM, he worked as a credit analyst and credit manager at MainSource Bank. |
 |
Mickey Kim, CFA
Managing Partner, Chief Operating/Compliance Officer |
|
Mickey was Senior Research Analyst at Driehaus Capital Management, a Chicago investment management firm, from 1982 to 1985. Mickey joined KM in 1986 and has been the firm’s Chief Operating Officer since 1996 and Chief Compliance Officer since 2004. |
 |
Mark D. Foster, CFA
View Profile
Managing Partner, Chief Investment Officer, Portfolio Manager |
|
Mark was formerly associated with American Fletcher National Bank (now JP Morgan Chase, Indiana, NA) as a research analyst from 1980 to 1982 and with Merchants National Bank as a portfolio manager/research analyst from 1982 to 1984. From 1984 to 1987 he was associated with Merchants Investment Counseling Inc. as Director of Equity Strategy, directly responsible for managing approximately $200 million of equity assets. Mark joined KM in 1987 and has been the firm’s Chief Investment Officer since 1997. |
 |
Matt Kirr
Partner, Director of Client Service |
|
Current Board Member of Heritage Fund Bartholomew County and Foundation for Youth. Past president of Foundation for Youth, the Day Nursery Foundation Board, and past vice-chairman of the Make-a-Wish Foundation of Indiana. Matt was previously a Vice President and Private Banker for Bank One, N.A. and, most recently, McDonald Financial Group. Matt joined KM in 2005. |
 |
Darrell H. “Kip” Wright, CFA
Partner, Portfolio Manager, Senior Research Analyst |
|
Kip was a Trust Investment Manager for various banks in Iowa from 1982 through 1995, most recently with Brenton Bank, N.A., with responsibilities of overall strategy and equity selection. Kip joined KM in 1995 and is a portfolio manager and senior research analyst. |
 |
Colin King, CFA
Senior Research Analyst |
|
Colin joined KM as an Equity Analyst in 2012. Prior to joining KM, he worked in assurance services with Ernst & Young and in business valuation with Blue & Co., both CPA firms. Colin has been a licensed Certified Public Accountant in the State of Indiana since 2012. |
