Latest Articles


A Note From The Chairman -
October 27, 2014

Written by Chairman, Bob Kopf

Recently a friend of mine asked me a simple, yet penetrating, question that I had, surprisingly, never received in the nearly twenty years of Smithfield’s existence: what factors should one consider in the selection of an investment manager? Following is my attempt to answer my friend’s question.

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Common Factors Affecting Retirement Income

Prepared by Broadridge Investor Communication Solutions, Inc. Copyright 2013

When it comes to planning for your retirement income, it's easy to overlook some of the common factors that can affect how much you'll have available to spend. If you don't consider how your retirement income can be impacted by investment risk, inflation risk, catastrophic illness or long-term care, and taxes, you may not be able to enjoy the retirement you envision.


The Impact of Inflation

Prepared by Broadridge Investor Communication Solutions, Inc. Copyright 2013

Inflation occurs when there is more money circulating than there are goods and services to buy. The process is like trying to attend a sold-out concert at the last minute; there is more demand for tickets than there are tickets to go around. As a result, tickets may trade hands for far more than their stated prices. When there's a lot of demand for goods and services, their prices usually go up. The law of supply and demand produces price inflation.


The Power of Dividends in a Portfolio

Prepared by Broadridge Investor Communication Solutions, Inc. Copyright 2013

It wasn't so long ago that many investors regarded dividends as roughly the financial equivalent of a record turntable at a gathering of MP3 users--a throwback to an earlier era, irrelevant to the real action.