Please follow the instruction that im going to attach.
I only need a one source for current capital market condition.
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Client Additional file _Assignme…rtf 0.01 Mb None 02:06 22 Aug 2012
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Your new client, Nick Diamond has touted the client service you have been providing him to the community. Word has found its way to the local newspaper.
The business editor of the paper contacted you and asked you to write a feature article for the business section’s current series on personal financial planning.
The subject for your article is investment strategy and you have decided to use the case of one of your clients, Cassandra Marks, to illustrate the points you want to get across to the readers.
Cassandra is a fifty-five year-old who has never married and lives comfortably in a gated community in Orange County. She hasn’t worked for a few years and spends most of her time in charitable activities.
Her parents, Connecticut residents, died two years ago leaving her $7.5 million. She has established revocable trust named the Cassandra Marks Trust and funded it with her inheritance. The remaindermen are several local charities.
In addition, an irrevocable trust ($6.5 million) set up by her parents twenty years ago and named the Benjamin and Elizabeth Marks Family Trust. This trust distributes $25,000 per month to her personal trust. She draws $15,000 per month from the Cassandra Marks Trust.
She is an average risk-taker in fair health. She seldom travels and is very naïve about financial matters. She occasionally takes funds out the personal trust in two or three chunks of $50,000 to $100,000 per year to pay for items such as a car, a second home in the mountains and charitable gifts.
Her funds are divided into three portfolios, all fully taxable at the highest marginal rate.
Cassandra Marks Trust $7.5 million
Marks Family Trust $6.5 million
Personal funds outside the trusts $50,000
The newspaper has broad circulation in the county where you currently live and wish to develop your practice. The article will showcase your expertise as a planner to your target market area but you can’t outwardly use it as a direct marketing pitch per newspaper policy. Keep your ideas simple to match the general interest of the readers.
On two or three (8.5 X 11) pages in the newspaper style, discuss with the readers, the elements of investment strategy and tactics listed below and relate your instructive points to the Marks account. Feel free to use tables and graphs to emphasize a point, if necessary.
Your grade will depend on how well you present the following elements worth 5 points each to the readers:
1. Investment process in financial planning (modern portfolio theory)
2. Assessment of current capital market conditions
3. Appropriate asset allocation and reasoning for each Marks portfolio
4. Summary of security selection for each Marks portfolio
5. Form, style and creativity