About Nathan Krampe, CFP®

Since beginning his financial planning career, Nathan has worked with a broad scope of clients managing a full spectrum of financial planning issues. He graduated from the University of Minnesota with a Bachelor of Individualized Studies degree highlighting three separate majors, marketing, communication, and computer science. After college, he continued his studies at Kaplan University and College of Financial Planning where he obtain his licenses and increased his knowledge of financial matters. Nathan joined the Summit Team in 2007, serving clients with a goal of maximum client satisfaction. In 2013 Nathan was awarded the CERTIFIED FINANCIAL PLANNER™ professional designation from the College of Financial Planning. In 2017, Nathan was awarded one of "America's Top 500 Next Generation Wealth Advisors" in Forbes Magazine. Nathan was also recognized in 2016 as a top financial advisor and named to LPL’s Patriot’s Club. This premier honor is awarded to less than 10% of the firm’s approximately 15,000 advisors nationwide. In April of 2015, Nathan appeared in the Wall Street Journal as "Ten Five Star Wealth Managers You Need to Know," as well as Smart Money Matters with host Brad Sattin. Additionally, he appeared in Minneapolis / St Paul Magazine as a Five-Star Wealth Manager* for 2018, 2017, 2016, 2015, and 2013. Nathan currently holds a series 7 and 63 securities qualifications through LPL Financial, an Investment Advisor Representative (IAR), and holds life insurance license with variable lines. Nathan enjoys spending time with his wife Sarah and sons Micah and Isaac. He is a 16-year resident of Minneapolis and helped start a new church in the area where he gives of his time on the Elder board and Finance Team. To relax, he loves to spend time outdoors running, hiking, biking, and traveling. Check the background of your financial professional on FINRA's BrokerCheck *Award based on 10 objective criteria associated with providing quality services to clients such as credentials, experience, and assets under management among other factors. Wealth managers do not pay a fee to be considered or placed on the final list of 2016 Five Star Wealth Managers.

August 2018

Finding Your Purpose: Roles & Goals

2018-08-20T11:46:50+00:00 By |Categories: Retirement Coaching|

From the desk of Lori Aufderhar, Summit's Director of Operations/Retirement Coach: I was Dr. So-and-so, now who am I? When we are working, we get so caught up in who we are and what we do. We then judge each other and ourselves accordingly. Once retired – who am I now? What is my purpose? [...]

Market Update: Turkey Currency Crisis

2018-08-20T11:13:37+00:00 By |Categories: Market Update|

Daily Insights Earnings season tracker got a little bit better over the past week. S&P 500 Index earnings growth is now tracking to +24.6% year over year for the second quarter, a solid 4% above June 30 expectations and 0.2% above the prior week. Revenue growth is tracking to +9.4% year over year, well ahead of the [...]

What Happened to Sell in May?

2018-08-13T11:55:52+00:00 By |Categories: Economy|

The S&P 500 Index is up approximately 8% since May when we were bombarded with warnings to “Sell in May and Go Away.” Remember, the worst six months of the year historically have taken place from May through October, while the other six months are the best. As we noted at the time though (in [...]

Longest Bull Market Ever

2018-08-13T11:51:57+00:00 By |Categories: Economy|

Don’t look now, but on August 22, 2018, this current bull market will top the 1990s bull market as the longest ever. However, be aware that the 1990s bull market saw the S&P 500 Index gain 417%, while the current bull market is up approximately 320%—so you can’t call this the greatest bull market…yet. “Age [...]

Market Update: Impressive earnings season enters final stretch

2018-08-13T11:42:52+00:00 By |Categories: Market Update|

Daily Insights Impressive earnings season enters final stretch.With more than 90% of S&P 500 Index companies having reported second quarter results, year-over-year earnings growth for the index is tracking to an impressive +24.4%, nearly 4% above expectations as of June 30. Also impressive, revenue growth is tracking to +9.3%, an unusually large 1%-plus upside surprise. Beat rates [...]

Twice As Nice

2018-08-13T11:37:24+00:00 By |Categories: Retirement Coaching|

From the desk of Lori Aufderhar, Summit's Director of Operations/Retirement Coach: It’s twice as much fun when you share time with a friend or family member. Get out and get active instead of making plans to meet for food or beverages - how about meeting for a bike ride, a round of golf, or a [...]

Top Sectors in August Based on Seasonal Patterns

2018-08-06T11:41:48+00:00 By |Categories: Economy|

Are you looking for a strategy that may give your portfolio a boost during what’s historically been one of the weakest months of the year for stocks? Well, our seasonal analysis in the LPL Chart of the Day highlights specific sectors and industry groups within the S&P 500 Index that have consistently outperformed the benchmark [...]

Are Only a Few Stocks Really Leading Us Higher?

2018-08-06T11:36:07+00:00 By |Categories: Economy|

One of the more popular narratives we’ve heard this year is that only a few large stocks are pulling the overall market higher. We don’t agree with this assessment, and have cited several metrics over the last few months that showed market participation has been broad and eventual new highs in the S&P 500 Index [...]

Market Update: S&P 500 on its hottest streak of the year

2018-08-06T11:25:52+00:00 By |Categories: Market Update|

Daily Insights Excellent Q2 earnings. With 404 S&P 500 Indexcompanies having reported second quarter 2018 earnings results, a solid 79% have exceeded earnings targets, delivering robust 23.5% year-over-year growth on a nearly 3% upside surprise. Revenue growth of 9.2% is a solid 1.1% above expectations as of quarter end. Though the amount of earnings upside is typical, [...]

July 2018

Market Update: Earnings Season Rolls Along

2018-07-30T12:30:13+00:00 By |Categories: Market Update|

Daily Insights Earnings season rolls along. The current earnings season has been marked by very strong growth, limited upside, and resilient estimates. With 265 S&P 500 index companies having reported, earnings growth is tracking to a solid +22.6% year over year, about 2% above June 30 estimates, with an impressive 82% of companies having beaten estimates. Revenue [...]

August Preview: A Month for the Bears?

2018-07-30T12:04:22+00:00 By |Categories: Economy|

The surprise summer rally continues, as the S&P 500 Index is on pace to gain for a fourth consecutive month. In fact, should July close in the green, over the past 21 months, the S&P 500 has closed higher all but three times. Here is the catch: The calendar is something we should not ignore, [...]

Go Big or Don’t At All

2018-07-25T10:10:36+00:00 By |Categories: Uncategorized|

Nathan Krampe, CFP spent time with Naveen Jain, serial entrepreneur about his latest endeavors into healthcare. Naveen had some pointed things to say regarding starting something big versus starting small. https://www.youtube.com/watch?v=zjEhQ75zt0w

Social Security Benefits You Need to Know

2018-07-23T12:58:31+00:00 By |Categories: Estate Planning, Taxes|

Section 6: Social Security Benefits You Need to Know According to a study from the Center on Budget and Policy Priorities, without Social Security income, the estimated poverty rate among seniors would be expected to spike above 40%.1 With Social Security income, however, the senior poverty rate is less than 9%.2 For such an important [...]

What Does an Inverted Yield Curve Mean? Part Deux

2018-07-23T11:14:29+00:00 By |Categories: Economy|

Recently, we took a closer look at the yield curve to show why an inverted yield curve didn’t necessarily mean a recession was right around the corner and why years of economic growth and stock market gains were still possible. Today we’ll take a different look. First, you may wonder why the yield curve is [...]

Market Update: A Quarter of 20% Earnings On Tap

2018-07-23T11:47:56+00:00 By |Categories: Market Update|

Daily Insights Another quarter of 20% earnings growth is likely on tap. Consensus estimates are calling for a 21% year-over-year increase in S&P 500 Index earnings for the quarter, setting up a second-straight quarter of 20%+ growth. Should results come in ahead of expectations as we expect, it would mark the 37th consecutive quarter of earnings exceeding [...]