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Should I Use Target-Date Investments?

Target-Date Investments Michael Richardson | April 15, 2019

A target-date investment serves to simplify your investment selection. It is used as a complete portfolio, containing a collection of mutual funds that form a broadly diversified mix of stocks and bonds. For some investors, this is appealing as it saves time and effort. Instead of selecting individual securities, investors can pick just one mutual fund and be done with… Read More



Market Recap: 1st Quarter 2019

First Quarter 2019 Market Recap The Prosperity Consulting Group | April 8, 2019

The stock market bounced back rapidly after the steep losses last quarter, showing the importance of staying invested after downturns.  In fact, it was the best quarter in nearly a decade for U.S. stocks with the S&P 500 up 13.65% and smaller U.S. stocks up 14.58%.  Technology and real estate were the best performing sectors, while health care was the… Read More



Why Do I Owe on My Taxes This Year?

Why Do I Owe on My Taxes This Year? Maggie Jencik | April 1, 2019

The tax law saw a significant reform in 2018. Eighty percent of tax filers around the country will pay an average of $700 to $900 less in taxes in 2018 as compared to 2017. However, in our home state of Maryland, tax filers are estimated to owe more than the national average.[1] If you are surprised by your tax bill… Read More



Should My Pet Be Insured?

Should My Pet Be Insured? Emma Bahneman | March 25, 2019

For many households, pets are part of the family and often receive the same commitment to care and well-being as other family members. However, a commitment like this may come at a cost – and an unexpected one, too. CNBC reported that the average cost of an emergency veterinary treatment runs between $800 and $1,500 for cats and dogs[1]. If… Read More



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The Prosperity Consulting Group registered as a Registered Investment Advisor (RIA) in 2005. We have with a passion for providing clients with objective investment advice and wealth management solutions. Our purpose, coupled with our fiduciary commitment, is essential in helping clients achieve their financial goals. Our firm is dedicated to providing unparalleled financial planning and investment advice to individuals, families, businesses and institutions. We have identified key areas that are critical and integral to a client’s financial success. These planning areas encompass: Investment Planning & Management Retirement Planning Estate Planning Tax Planning Business Planning Insurance Planning Income Protection & Asset Preservation Education Planning 401(k) Planning
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