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.

June 2018

Today’s Tariff Update (6/21/18)

2018-06-21T10:23:30+00:00 By |Categories: Market Update, Nathan Krampe|

After being hit to the tune of ~$240 million by U.S. tariffs, India ratcheted up tensions overnight when it retaliated with tariffs of its own on a wide range of U.S. imports, while European automaker Daimler blamed protectionist trade policies for its profit warning. Meanwhile, China is digging in with strong rhetoric and internal stimulus [...]

World Cup Preview: Stocks Rooting For Europe?

2018-06-18T12:29:43+00:00 By |Categories: Uncategorized|

The 2018 FIFA World Cup™ kicked off last week, as 32 countries vie for one of the greatest trophies in the world of sports. The tournament has taken place every four years since 1930 (excluding World War II), making this the 21st World Cup. “Although in no way, shape, or form do we support investing based [...]

Market Update: Trade worries drive stocks lower

2018-06-18T11:50:49+00:00 By |Categories: Market Update|

Daily Insights Trade worries drive stocks lower. Nothing over the weekend was particularly surprising on the tariff front, though fears of further escalation preceded the S&P 500 Index opening more than half a percent lower this morning. Some were perhaps looking for a last-ditch effort to prevent tariffs on about $50 billion of Chinese imports from being implemented, [...]

Walk It Off

2018-06-18T11:44:32+00:00 By |Categories: Retirement Coaching|

Walk it off … walking is so important in retirement, because it not only gets you out and moving, you might just be able to walk off the extra pounds and get toned. The health benefits of walking are numerous and may help: -Alleviate depression and fatigue -Prevent or manage health issues such as high [...]

Sweat Equity – not just for your home

2018-06-11T14:00:44+00:00 By |Categories: Retirement Coaching|

From the desk of Lori Aufderhar, Summit's Director of Operations/Retirement Coach When we hear the words “sweat equity” we think about working on our home in ways that bring value. We polish and paint and scrub. We declutter and decorate. Think about “sweat equity” when we work on ourselves. Bringing up the value of our [...]

Market Update: No One Said This Would Be Easy

2018-06-11T13:53:23+00:00 By |Categories: Market Update|

Daily Insights Fed likely to raise rates; median forecast may move to four hikes in 2018. With a rate hike all but priced in at the conclusion of the Federal Reserve’s (Fed) policy meeting Wednesday, markets will be focused on changes in the policy statement, a new set of economic and policy forecasts, and Chair Jay Powell’s post-meeting [...]

Time For A June Swoon?

2018-06-04T13:00:35+00:00 By |Categories: Market Update|

U.S. equities advanced in May to extend their win streak during the month to six years, but can the summer rally continue? First things first, historically June has been a stumbling block for stocks. As the LPL Research Chart of the Day shows: June has been one of the weakest months for the S&P 500 Index—over [...]

Post Italy “Crisis,” Are European Stocks Attractive?

2018-06-04T12:42:01+00:00 By |Categories: Uncategorized|

With last week’s news that Italy has formed a government, securing the country’s place in the Eurozone, at least in the short term, are European stocks now attractive? Relative to other choices, namely the U.S. and emerging market equities, we aren’t yet so sure. Putting political risk in Italy aside, European economic data have disappointed all [...]

Market Update: Trade War Still On Hold?

2018-06-04T12:35:29+00:00 By |Categories: Uncategorized|

Daily Insights Is trade war still on hold? The latest trade headlines are far from reassuring, and risk certainly remains elevated; though our base case remains that the negotiations will lead to an outcome that is not materially damaging to U.S. or global economic growth. The latest developments include: 1) China’s threat to rescind previous pledges [...]

Travel Safety Tips For Seniors

2018-06-01T12:54:20+00:00 By |Categories: Retirement Coaching|

Section 4: Travel Safety Tips For Seniors While retirement hopefully brings you more opportunities to travel, spending time in unfamiliar environments could potentially pose safety risks. Unfortunately, senior travelers are popular targets for thieves, pick-pockets and other unsavory characters. And seniors may also face additional logistical and health challenges, such as mobility limitations or the [...]

Travel Discounts For Seniors

2018-06-01T12:51:41+00:00 By |Categories: Retirement Coaching|

Section 3: Travel Discounts for Seniors One of the beautiful things about retirement is you often have the time and the means to do the things you couldn’t do as often while you were working. Traveling to new places and experiencing different cultures is at the top of the list for many seniors and retirees. [...]

May 2018

Market Update: Trade War On Hold

2018-05-21T12:14:44+00:00 By |Categories: Market Update|

Daily Insights Earnings estimates rose past week. Over the last week, forward-four-quarter estimates for the S&P 500 Index rose 0.6%, and have risen by an impressive 1.3% since April 1. With 464 S&P companies having reported, first quarter S&P 500 earnings are tracking to a 26.2% year-over-year increase, while 79% of companies have exceeded earnings targets. Another 22 [...]

A Royal Union Comes Together As Another Union Breaks Apart

2018-05-21T12:09:14+00:00 By |Categories: Uncategorized|

As Britain’s painfully complex break from the European Union (EU)—commonly referred to “Brexit”—continues to be worked out, a royal union came together over the weekend as Prince Harry and Meghan Markle wed on Saturday, May 19th, 2018 at Windsor Castle in England. The couple’s decision to wed on a Saturday goes against tradition, as royal [...]