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Inflation Eclipse?  Don’t Let It Blindside You August 21, 2017 by David G. Sparks, CFA
Inflation Eclipse? Don’t Let It Blindside You
Financial markets have something in common with celestial phenomena: both are capable of large-scale, astonishing events that happen rarely. A total eclipse of the Sun visited the U.S. on August 21, 2017.  People in a position to enjoy a clear view of the event will remember it the rest of their lives.  Similarly, people who […]
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Plan-Level Rate of Return—Useful or Useless? August 9, 2017 by BerganKDV Team
Plan-Level Rate of Return—Useful or Useless?
Many people use plan-level rates of return to determine the quality of an investment lineup. However, several variables may impact plan-level rates of return making them not as useful as a plan management tool. They may actually be counterproductive when trying to determine the quality of an investment lineup. As an extreme example, you may […]
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Qualified Versus Nonqualified Plans August 9, 2017 by BerganKDV Team
Qualified Versus Nonqualified Plans
For most employees, qualified retirement plans are a critical component of their retirement savings strategy. For others, qualified plans place restrictions on their utilization of such plans, so they have to look for other ways to save. That’s why employers often offer both qualified and nonqualified plans. Why are there two classes of plans, and […]
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Target Date Funds—Does One Size Really Fit All? August 9, 2017 by BerganKDV Team
Target Date Funds—Does One Size Really Fit All?
If you have ever opened a brokerage account with an advisor, you know the first step is gathering information to determine the risk profile and appropriate investment allocation for the individual. In order to determine the appropriate allocation for a client, financial advisors will inquire about income level, savings rate, net worth, time horizon, spending […]
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New Rules for Certain Minnesota Limited Liability Companies August 8, 2017 by BerganKDV Team
New Rules for Certain Minnesota Limited Liability Companies
The Minnesota Secretary of State is sending out notice alerts to owners of limited liability companies formed in Minnesota prior to August 1, 2015. The purpose is to alert companies they should review their organization to determine if any changes need to be made.
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July 2017 NMI August 7, 2017 by BerganKDV Team
July 2017 NMI
Below you will find information on the U.S. Non-Manufacturing Managers Index (NMI®). This information is intended for those looking for forward leading indicators of non-manufacturing health in the U.S. Non-Manufacturing Index Summaries The NMI® registered 53.9 percent, 3.5 percentage points lower than the 57.4 percent registered in June, indicating continued growth in the non-manufacturing sector for the 91st […]
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July 2017 PMI August 7, 2017 by BerganKDV Team
July 2017 PMI
Below you will find information on the U.S. manufacturing Purchasing Managers Index (PMI®). This forward leading information is intended for those that are manufacturers or do business with manufacturers. Domestic Manufacturing PMI® at 56.3%, a decrease of 1.5 percentage points from the June reading of 57.8%, indicating growth in manufacturing for the 11th consecutive month and is the fourth […]
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Are You Outgrowing Your Accounting Software? August 2, 2017 by BerganKDV Team
Are You Outgrowing Your Accounting Software?
BerganKDV is solving this problem for our customers as the shift to cloud software surges. Thousands of the small businesses we work with are pushing past the functionality of their current accounting software.  The decision to implement their current system was a good one years ago, but the business needs of GL platforms have changed.  […]
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BerganKDV Payroll, Timekeeping & HR Sales Continue as Shift to SaaS Surges August 2, 2017 by BerganKDV Team
BerganKDV Payroll, Timekeeping & HR Sales Continue as Shift to SaaS Surges
Over the past fourteen months, 271 companies have signed up for BerganKDV payroll services. This massive pace continues to be driven by K-Pay – BerganKDV’s one database Cloud Human Capital Management Software containing Human Resources, Timekeeping and Payroll in one software. Businesses continue to look at all of the “systems” required to manage their workforce […]
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BerganKDV Technology Internship Wrap Up August 1, 2017 by BerganKDV Team
BerganKDV Technology Internship Wrap Up
We were thrilled to welcome Alex Mord this summer, our very first technology intern! Alex spent his internship in our Waterloo office alongside our technology remote care team. He talks to us about his experience this summer and shares advice for future interns. In what ways did this internship prepare you for your future career […]
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