Condor Capital Management

Explore: How COVID-19 Has Changed Consumer Behavior and the Future of Retail

How COVID-19 Has Changed Consumer Behavior and the Future of Retail

U.S. retail sales suffered in the spring of 2020 due to safety concerns, government-mandated lockdowns, and economic uncertainty wrought by the coronavirus pandemic. Sales — including purchases at stores, restaurants, and online — plunged from $483.95 billion in March to $412.77 billion in April, a record 16.4% drop.1

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Condor Capital Wealth Management’s Ken Schapiro and Jeanette Lucas Selected as Five Star Wealth Managers for 2021

Condor Capital Wealth Management is pleased to announce that our President, Ken Schapiro, and Vice President of Portfolio Management, Jeanette Lucas, have been selected as Five Star Wealth Manager award winners. This marks the tenth and first times they have received this award respectively.

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Selecting a Trustee

What is it?

In general

A trustee is a person (or institution) selected to administer a trust. A trustee’s role is to adhere to the terms of the trust document and fulfill its objectives. A trustee can be an individual (professional or nonprofessional) or a corporate trustee, such as a bank or trust company. You, as the grantor, should choose a trustee carefully because an inappropriate choice could invalidate the trust and have serious tax consequences. You must also weigh many other personal, family, business, investment, and nontax concerns. For a large or complicated trust, a combination of individual and corporate trustees may best provide the expertise needed to manage the trust with the flexibility to respond to beneficiaries’ changing needs.

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Government-Sponsored Disability Insurance Programs

Government-sponsored disability insurance programs are designed by federal, state, and local governments to provide basic income protection (and sometimes medical benefits) to disabled individuals. Although these programs may not offer the comprehensive protection you’d like, they can help you and your family if you can’t work.

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