Broker Check


Our in-house investment committee develops portfolios and manages the securities and asset allocation within the portfolios. The team evaluates economic and market conditions to determine appropriate level of asset mix needed in our investors’ portfolios and Tompkins’ investment philosophies. Browse the committee's latest updates and use the subscribe feature to stay up-to-date on the committee's commentary.


Monday, November 30, 2020

End-of-year estate planning is an important practice under ordinary circumstances. Add the tumult of the COVID-19 pandemic coupled with a contentious presidential election, and it’s no surprise that attorneys have seen a...


Tuesday, September 1, 2020

As you know, The CARES Act passed earlier this year has various financial implications. Additional guidance was recently released, and as your financial advisor, we wanted to highlight some key items for your reference. Updates to...


Monday, July 6, 2020

While at certain points Covid-19 has halted nearly every facet of the global economy, a few segments of the market are thriving, leading to a bifurcation between economically sensitive businesses and those well positioned to serve the...


Friday, June 5, 2020

After watching the market surge ahead recently, you’d think everything in the world was hunky-dory. The S&P 500 has bounced 40% off its March low and the Nasdaq (tech stocks) is up 7% YTD and near an all-time high. A persistent...


Thursday, April 23, 2020

The coronavirus severally disrupted everyone’s lives, and that included your college student. With the decision to shift large student populations off campus, a large amount of educational institutions delivered partial refunds...


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Wednesday, April 22, 2020

Following a week when the President announced a plan to begin re-opening the country that largely delegated decision-making to the states, I’m reminded of The Great Compromise of 1787. That historic accord during the...


Thursday, April 2, 2020

Our community is strong. Even when we can't be together, we stand together—as families, neighbors, and local businesses helping each other through this difficult time. As a community partner, Tompkins Financial Advisors is here...


Friday, March 27, 2020

After taking plenty of punches and getting knocked to the canvas in the last month, the market finally came back swinging. Three successive days of gains has shown life in the old fighter, refusing to stay down. Is this the reversal...


Wednesday, March 25, 2020

Hi, I’m Brian Howard, President of Tompkins Financial Advisors Tompkins Financial Advisors has been serving our customers and our communities through good times and bad, through economic highs and lows, through challenges and...


Friday, March 20, 2020

We are now in the midst of a global health crisis that completely enshrouds us. As the impact on mankind grows, we stand united in our efforts to protect lives and contain the virus. At Tompkins, we are implementing all appropriate...


Friday, March 13, 2020

A day after the World Health Organization declared the coronavirus a pandemic, the Dow fell 10%, its worst day since the 1987 market crash. Neither presidential rhetoric nor the Fed pumping money into the system could quell concerns...


Friday, March 6, 2020

The Coronavirus is raising the fear factor, impacting the markets in a big way. This week has seen historic market moves, with 1,000-point swings in the Dow and a precipitous drop in the 10-year Treasury yield as investors rush to...


Thursday, February 27, 2020

Capital markets are inherently vulnerable, and market drops are a normal expectation in investing. How you react (or don’t react) to the downturns is what matters most. The correction seen this week sees the markets oversold by...


Tuesday, November 26, 2019

With the largest shopping day of the year looming, and the holiday season about to be in full swing, we wanted to share with you some tips to help protect your assets, keeping your spirits bright along the way! Thanks to our partners...


Thursday, November 14, 2019

QUARTER 3 RECAP In this Q3 recap: the U.S. and China intensify their trade dispute, but agree to negotiate again, the Federal Reserve cuts short-term interest rates once more, and stocks ride through some volatility to end the summer...


Thursday, September 12, 2019

Tompkins Financial Advisors is pleased to announce the appointment of Geoff Blyth as chief investment officer. Geoff will also serve as portfolio manager for the Western New York region. In his new role, he is responsible for managing...


Thursday, September 5, 2019

There’s an old adage on Wall Street that investors cling to when the market fluctuates – “the market hates uncertainty.” Fear of the unknown dominates market headlines and weighs on the minds of investors when...


Wednesday, July 17, 2019

In this Q2 recap: stocks rise, fall, and then soar, as the Federal Reserve shifts its thinking and new chapters unfold in the ongoing U.S.-China trade dispute. THE QUARTER IN BRIEF The S&P 500 certainly rollercoastered during the...


Tuesday, July 9, 2019

The last number of years have seen multiple new investing philosophies and strategies gain traction with investors, both retail and institutional. Beyond traditional fundamentals focused investing, in which decisions are made based on...


Thursday, June 20, 2019

As detailed in our last blog post, the case for investing in emerging markets is clear: strong demographic tailwinds, coupled with a rising middle class that is transitioning from a manufacturing economy to a service/consumption...


Tuesday, June 18, 2019

At its Annual Meeting, the Estate Planning Council of Rochester elected Lynne M. Carleton, CTFA, CSNP, AEP as President for 2019-20. Lynn is a vice president and trust officer with Tompkins Financial Advisors’ western New York...


Friday, May 24, 2019

Tompkins Financial Advisors is pleased to announce the promotion of Rusdi Sumner to managing director for the central New York region. Sumner joined Tompkins Financial Advisors in June of 2016 as a financial planner. In her new role,...


Monday, April 22, 2019

Download our Printable PDF QUARTERLY ECONOMIC UPDATE, Q1 2019 Tompkins Financial Advisors Investment Committee THE QUARTER IN BRIEF The strongest first quarter for stocks in 21 years featured all kinds of news. Central banks revised...


Monday, March 25, 2019

The inclination of investors to invest the majority, if not all, of their assets in their home country is understandable, but it’s also suboptimal. While U.S. investors may feel comfortable keeping their money within U.S. borders...


Monday, January 28, 2019

Tompkins Financial Advisors Investment Committee Download our printable pdf IntroductionThe TFA Investment Committee expects global growth to slow in 2019, due to several downside risks. Even though the S&P 500 marked its longest ever...


Monday, January 14, 2019

QUARTERLY ECONOMIC UPDATE Q4, 2018 Tompkins Financial Advisors Investment Committee Download our printable pdf The Quarter in Brief With Q4 in the books, investors are looking for direction following a sharp selloff that dragged the...


Friday, January 4, 2019

Tompkins Financial Advisors has announced the promotions of four individuals, effective January 1, 2019. Lawrence Gore has been promoted to Senior Vice President, Senior Wealth Advisor. He is located in the firm's White Plains office....


Thursday, December 13, 2018

Please join us in congratulating Matt Forney, Wealth Advisor, on passing his CFP Certification Exam. Matt is the newest member of our central New York team to earn the prestigious Certified Financial Planner professional designation


Tuesday, December 11, 2018


Friday, December 7, 2018

Bank Investment Consultant has rolled out its annual list of the top 100 all-around advisors in the bank channel. This signature ranking factors in multiple measures of individual performance — namely, AUM, production,...


Wednesday, November 28, 2018

Amanda Luebstorff has recently joined Tompkins Financial Advisors as a Wealth Management Associate. She is based in the Sully’s Trail office in Pittsford, N.Y. In her new role, Luebstorff works closely with senior wealth advisors...


Wednesday, November 28, 2018

Did you see us in the Rochester Business Journal? We are proud to introduce some of our newest members of the growing western New York team. Look to Tompkins Financial Advisors for your wealth management needs.


Tuesday, October 30, 2018

As your trusted financial advisors, we want to take this opportunity to reach out regarding the market declines and increased volatility that we have experienced in recent weeks. We would like to provide some insight and perspective,...


Monday, October 29, 2018

QUARTERLY ECONOMIC UPDATE, Q3 2018 Tompkins Financial Advisors Investment Committee The Quarter in Brief The third quarter of 2018 shall be remembered as a great one for stocks. The Dow Industrials, Nasdaq Composite, and S&P 500 all...


Monday, October 22, 2018

Tompkins Financial Advisors Investment Committee As the current 9 year bull market rages on, some investors may experience FOMO, or the fear of missing out, and dial up their risk exposure in an attempt to capture more upside...


Thursday, October 18, 2018

Tompkins Financial Advisors (TFA) announces a major expansion of its Hudson Valley wealth management team with the addition of three key professionals: Senior Wealth Advisor Larry Gore, Portfolio Manager Allen Margolius, and Wealth...


Wednesday, August 29, 2018

Tompkins Financial Advisors Promotes Stacey Brown to Senior Trust Operations Investment Associate Ithaca, NY — Tompkins Financial Advisors is pleased to announce the promotion of Stacey Brown to the position of Senior Trust...


Wednesday, August 22, 2018

Lauren Kolb has joined the Tompkins Financial Advisors western New York team as senior wealth advisor. She is based in the Sully’s Trail office in Pittsford, NY. A 10-year+ veteran of the financial services industry, Kolb is...


Wednesday, August 22, 2018

Lynn M. Carleton has joined Tompkins Financial Advisors’ western New York team as a trust officer. She is based in the Sully’s Trail office in Pittsford, N.Y. In her new role, Carleton is involved with the administration of...


Friday, August 10, 2018

Brittany Hubbell has joined the Tompkins Financial Advisors western New York team as wealth management assistant. She is based in the Sully’s Trail office in Pittsford, NY. In her new role, Brittany is responsible for preparing...


Friday, August 10, 2018

Tompkins Financial Advisors is pleased to announce that Mary Szabat, CFP®, has joined the western New York team as senior wealth advisor, serving Erie, Genesee and Niagara counties. She will be based in the Tompkins Financial...


Friday, July 27, 2018

Download our printable pdf THE QUARTER IN BRIEF At the end of 2018, economists and journalists may look back on the second quarter and see the moment when a global trade war began. Whether one is truly underway or not, the fact is that...


Friday, July 27, 2018

The U.S. economic expansion is now the second-longest in the post-WWII era. The economy is growing at an above-trend pace and the unemployment rate has not been this low since the late 1960s. All of these factors are elevating the...


Wednesday, July 25, 2018

Tompkins Financial Advisors has announced an expanded role for Senior Trust Officer and Vice President, John P. Genn III. In his new position, Genn handles not only the administration of new trust and estate accounts under his purview,...


Wednesday, July 25, 2018

Tompkins Financial Advisors announces the hiring of Travis White as wealth management associate in our Pittsford office in western New York. White handles account administration, client services and support other Tompkins team members....


Thursday, July 12, 2018

Investors today, more than ever before, have become increasingly interested in aligning their investment strategies with their own personal beliefs and values. This pervasive trend in the investment world is the fundamental reason why...


Friday, April 20, 2018

THE QUARTER IN BRIEF Stocks rallied in January, corrected in February and slumped in March as volatility and economic policy changes took some of the enthusiasm out of the market. The Trump administration announced tariffs on foreign...


Tuesday, April 17, 2018

The market environment in 2017 was not normal. Volatility was abnormally subdued while risk appetite among investors soared to all-time highs. The S&P 500 broke records, including going more than 33 consecutive sessions without a 0.5%...


Thursday, April 5, 2018

How U.S. Stocks Have Performed During Republican and Democrat Control of Congress It is difficult to dispute the fact that government policy and political events have a pronounced influence on financial markets. However, stock market...


Monday, April 2, 2018

Introduction As much as volatility is discussed in financial headlines, few understand the potential impact volatility can have on a mixed portfolio of stocks and bonds, how it’s measured and why it’s closely monitored by...


Wednesday, February 14, 2018

Fourth quarter (Q4) real GDP growth of 2.6% came in below the consensus forecast of 3.0%. The year-over-year pace of growth was 2.5% for 2017, compared to just 1.8% at year-end 2016. The pace of economic growth continues to recover,...


Monday, January 29, 2018

Introduction It was a banner year for risk assets in 2017, but investors may be facing more challenging markets going forward. While asset valuation levels have risen across the board, market volatility has stayed extremely low –...


Tuesday, January 9, 2018

The final quarter of 2017 was a great one for stocks: the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite all posted 3-month gains of better than 6%. Landmark federal tax reforms were approved and...


Tuesday, January 9, 2018

While superior growth potential has historically been a key reason to allocate to emerging markets over developed, the former has not delivered in recent years. In fact, 2016 was the first time in five years that emerging market...


Wednesday, December 27, 2017

Disclaimer: The following materials are meant solely for educational purposes and are not to be construed as investment advice. This primer is not meant to be used as a specific buy or sell recommendation. Due to the volatile nature of...


Saturday, October 28, 2017

Encouraging economic data and a series of unsettling news headlines vied for Wall Street’s attention in the third quarter, and ultimately, investors were not shaken. The S&P 500 rose 3.96%...


Friday, October 27, 2017

1. Small Caps Emerge From Their Post-Election Hangover Speculation of tax reform, a more hawkish Fed, rising inflation expectations and signs of life for the U.S. dollar helped small caps break out of their 2017 rut relative to large...


Monday, July 17, 2017

While the economic cycle has entered its eighth year, it still does not display late-cycle characteristics, such as significant wage pressures, high inflation or elevated interest rates. Domestic sectors, primarily driven by personal consum


Monday, July 17, 2017

After a remarkable first quarter, the stock market cooled off slightly in Q2 – but investors still saw substantial gains. Strong earnings helped take Wall Street’s collective mind off a decidedly mixed bag of economic signals. Consumers rem


Thursday, April 20, 2017

The opening quarter of 2017 was a historic one for Wall Street as the Dow Jones Industrial Average topped 20,000 for the first time. Equities rallied through January and February, then lost momentum in March; even so, the S&P 500 had ga


Monday, April 10, 2017

More growth, more record highs, more uncertainty and more risk: the leading U.S. market theme today seemingly is one of quantity—more of virtually everything. We do expect one exception to the trend of “more”—re


Wednesday, March 22, 2017

Here are seven examples of when tax planning should be considered.


Monday, March 20, 2017

Reducing these debts before retirement can help your nest egg last longer.


Monday, March 13, 2017

Many women stay put because they like their jobs—but they also desperately need the money.


Monday, February 20, 2017

After a certain age, you’re required to take distributions from your retirement accounts. If you don’t need the funds for immediate income, here are some options.


Monday, February 13, 2017

Health and wealth often go hand in hand—and the same actions can improve the status of both. These three tips can improve your personal as well as financial well-being.


Tuesday, January 24, 2017

After a bearish start, 2016 ended up being a good year for the bulls. The Dow Jones Industrial Average sold off 6% in January, dropping below 15,500 as investors worried about sinking oil prices and a slowdown in China’s economic engi


Tuesday, January 24, 2017

As we begin a new year, investors are projecting their market predictions for 2017. Which sectors will be hot? Will the oil rally continue? What will be the election results in France and Germany? What will be the conseque


Tuesday, January 17, 2017

THE QUARTER IN BRIEFTwo events strongly influenced U.S. and foreign financial markets in the fourth quarter – one unexpected by many, the other widely anticipated. Neither of them particularly upset investors. Donald Trump’s win


Tuesday, January 17, 2017

Fourth Quarter EPS Guidance and TrumponomicsThe number of companies issuing negative EPS guidance for Q4 2016 (77) is below the five-year average (83) for a quarter, while the number of companies issuing positive EPS guidance for Q3 (34) is


Monday, January 16, 2017

Retirement stress spans every generation, but these steps can help workers of all ages improve their retirement prospects.


Monday, January 9, 2017

Acting on worries about bond yields could actually hurt your retirement portfolio.


Tuesday, December 27, 2016

A new study provides valuable insight into retired life—and the moves pre-retirees should make now.


Tuesday, December 27, 2016

With stagnant wages and rising student loan debt, Millennials are struggling to start their nest eggs. These three tips can help.


Monday, November 21, 2016

A new study finds that retirees are happier than ever, thanks to trillions of hours of leisure time.


Monday, November 14, 2016

The concept of retirement is being radically reimagined. Here’s why.


Tuesday, November 8, 2016

If you itemize your deductions on Form 1040, Schedule A, the threshold for unreimbursed medical and dental expenses you paid for yourself, your spouse, and your dependents must exceed 10 percent of your adjusted gross income before a deduct


Monday, October 17, 2016

Before you leave the workforce for good, consider these tips to help ease the financial transition into retirement.


Monday, October 10, 2016

Financial experts often recommend a 4 percent withdrawal rate for retirement funds. But is that the right approach for you?


Monday, September 19, 2016

More than 1 in 4 workers have saved less than $1,000 for retirement, possibly putting a comfortable retirement far out of reach.


Monday, September 12, 2016

Post-recession, most Americans believe they'll be able to afford a comfortable retirement, but many still aren't saving enough to make it happen.


Tuesday, September 6, 2016

In an effort to help protect you as you access important personal information online, our information security team has identified two new Social Security scams we’d like to make you aware of.


Monday, August 15, 2016

When it comes to retirement savings, the earlier you start, the better off you are. These calculations show exactly why.


Monday, August 8, 2016

There are many retirement threats lurking out there, ready to de-rail even the strongest plans. Here’s what to watch out for.


Friday, July 29, 2016

With the Federal Reserve (Fed) raising rates for the first time in nine years, the arrival of the presidential election campaign season, and moving another year closer to the end of the current economic expansion, we expected


Friday, July 29, 2016

In times of financial market stress, we must remember our investments are for the long term. This is a time for caution, but not panic or overreaction.


Monday, July 18, 2016

Many workers aren’t sure whether they’re saving enough or too little for retirement. Fortunately, it’s easy to find out.


Monday, July 18, 2016

Since 2013, Millennials have significantly increased their retirement savings, outpacing both Gen Xers and Baby Boomers, but they still have a long way to go.


Wednesday, June 29, 2016

We are currently experiencing one of the longest bull markets in history. The stock market tripled in 74 months and nearly doubled in 44 months with no major corrections. In addition, interest rates have fallen for the past 30 years to reco


Thursday, January 7, 2016

Believe it or not, living nearly a century may someday be commonplace. As a result, rather than thinking of retirement as the final stage of life, a more realistic approach may be to view it as a progression of phases. This involves taking