Mark joined WHAM in January of 1998 when his weekly call in financial show "Money and More" first aired. The show ran for eleven years and became one of the stations highest rated programs. Recently Mark has returned to provide daily commentary and analysis on the WHAM afternoon news. His segment can be heard at 4:26pm Monday through Friday, with an extended appearance with Randy Gorbman on Thursdays.
Mark started his financial services career in 1986 with IDS/American Express. He is a Certified Fund Specialist and Certified Long Term Care Specialist with a Bachelor's Degree in Economics and Management from SUNY Geneseo. He has designed, authored, and presented retirement and long term care workshops for clients, corporations, and non-profit organizations such as Xerox, Kodak, Agway, and the United Way.
In 2007, Registered Rep magazine listed Mark among the Top 100 Independent Advisors in the country. He lives in Geneseo with his wife Susan and has four children. Mark is an avid fisherman and enjoys spending time at his family cottage in the Thousand Islands. Mark also collects Civil War and Underground Railroad memorabilia for a museum he keeps in the basement of the historic Henrietta office.
As professionals skilled in retirement planning, the partners of The Horizon Group have helped hundreds of people in the Rochester area since our founding in 1993. We specialize in helping clients invest and protect their retirement assets with a straightforward and down-to-earth approach through open and honest communication.
We are proud of being able to help clients make difficult decisions necessary for a successful retirement. We are dedicated to the highest level of professionalism and ethical standards in our practice, and we honor the individual circumstances facing each client.
When faced with providing income and security for a lifetime, retirees are comforted by our "Bucket Approach" and half-century of combined experience. Our formalized review process and frequent communication through newsletters, e-mail, and seminars provide our clients with peace of mind and keeps them focused on what is truly important.
Working with The Horizon Group affords our clients a level of service and unbiased advice that can be delivered only by a small independent practice. At the same time, our client accounts are offered the same FINRA and SIPC protections through our broker-dealer, Cadaret, Grant & Co., Inc., as they would be at a large brokerage house.
We take the time to understand all the questions and concerns our clients have about the future. Aiding them in dealing with these concerns often means going above and beyond the duties of the average financial planner, something we are always willing to do. Helping a child, buying a second home, or dealing with long term care are all issues we assist clients with regularly. At The Horizon Group, we know it's about the quality of your life, not just your portfolio.
The views expressed in Mark's commentaries are to be considered for informational and entertainment purposes only. Before making decisions based on any content in Mark's commentaries you should always consult your financial or tax professional.
The views expressed herein do not necessarily reflect those of this station or of Clear Channel Communications, Inc.
Mark Congdon is a registered representative of Cadaret, Grant & Co., Inc., Member FINRA/SIPC.
All around the world governments are faced with budget deficits in shortages of cash. As citizens debate the role of government and what should be provided for the needy and less fortunate, the focus always turns to the rich. Since they have so much, why shouldn't they pay more? Britain has taken the assault on the rich to a new level by proposing a one- time emergency wealth tax. This is not a tax on income, but instead a tax on accumulated wealth. A leader of the Liberal Democratic Party said the rich need to be taxed more to avoid social unrest, and that the country had to hardwire fairness into its budget. Keep in mind that Britain is already hiked the top tax rate for the rich to 45%. It seems that class warfare is worldwide – not just confined to our US election rhetoric.
Well, one billionaire has had enough of bashing the rich. Gina Rinehart, one of the richest women in the world, has touched off a firestorm with her recent comments. Responding to attacks on the rich in the Australian newspapers, she responded, “there is no monopoly on becoming a millionaire.” She went on to say, "if you're jealous of those with more money, don't just sit there and complain, do something to make more money yourself- spend less time drinking and smoking, and more time working".
Although her remarks certainly didn't make her any friends among advocates for the poor, she certainly was within her rights to share opinions. Not only has she turned the mining company she inherited from her father into a global powerhouse, but she has seen both her grandfathers and three other friends go from poverty to extreme wealth. She says the lessons are all the same, “you can't get rich without working hard, taking risks, investing, and reinvesting your profits.” At least she walks the talk, she recently made headlines by publicly disinheriting some family, calling them lazy.
She has advice for governments as well. If you want to help the poor and our next generation, make investment, reinvestment, and businesses welcome. She continues to be skewered in the media for her brash comments. Personally, I agree with much of what she says. And I’m fine with her delivery as well – sometimes people need to be slapped with the truth, and she’s certainly got the personality to do it!