FINANCIAL STRATEGIES NEWSLETTER

FIRST QUARTER 2026

Greetings!

As we wrap up another tax season, it’s a natural time to take stock and refocus on the bigger picture of your financial plan. In this quarter’s newsletter, we share timely market insights and planning considerations designed to help you stay grounded through periods of market volatility while remaining focused on long‑term opportunity and progress. As always, if anything prompts questions or sparks a conversation, please don’t hesitate to reach out—we’re here to help.

The AFM Team

MARKET NAVIGATOR

March marked a volatile end to the quarter as geopolitical risks and higher rates weighed on markets, but underlying fundamentals remained strong. Our latest Market Navigator breaks down the key drivers behind recent market moves and what to watch in the months ahead.

MARKET CONCENTRATION AND THE “MAGNIFICENT SEVEN”: CONTEXT, HISTORY, AND WHAT TO WATCH

Market leadership has become increasingly concentrated, with the “Magnificent Seven” driving an outsized share of returns and raising questions about balance and diversification. This article explores why market concentration isn’t new, how today’s environment differs, and what it means for long‑term investors navigating shifting risks and opportunities.

UNDERSTANDING THE NEW SECTION 530A ACCOUNTS

The recently introduced Section 530A “Trump Accounts” offer a new, tax‑advantaged way to save and invest for children, with broad contribution flexibility and long‑term retirement potential. Learn how 530A accounts work, how they compare to existing options like 529s and custodial IRAs, and what families should consider when planning for the future.

YOUR BENEFICIARY CHOICES MATTER MORE THAN YOU THINK

Beneficiary choices shape far more than who inherits your assets because they influence taxes, distribution timing, and long‑term control. Read why thoughtful beneficiary decisions are essential to keeping your financial and estate plan aligned with your intentions.

AFM NEWS & NOTES

Ryan & Betsy Fleming Celebrate 35 and 39 Years at AFM
Marking 10 Great Years with Elizabeth
Congratulations to Josh and Claudia
AFM Team Spotlights

NEW EMPLOYEE SPOTLIGHT: JASMINE TIAMFOOK

Jasmine is a Client Service Associate of Armstrong, Fleming & Moore, Inc who provides exemplary client service to individuals and couples and assists financial professionals with the day-to-day operations behind tax and estate planning, insurance issues, and investment planning.

Jasmine attended the University of Maryland at College Park, with a focus on Economics and Communications. Jasmine ran Division 1 Track and Field and Cross Country at University of Maryland – College Park where she was recognized as Scholar Athlete. In her time at Maryland, Jasmine served as a Board Member on the Student Athlete Advisory Committee where she focused advocating for NIL with the Big Ten and promoting diversity initiatives within the Maryland Athletic Department. She also served on the Student Success and Leadership committee where she facilitated connections between students and industry professionals and as a Student Leader on the Anti-Racism Committee within the Department of Communication at UMD. Jasmine is originally from Brooklyn, NY but she now resides in Howard County with her family and her 10 pets. In her spare time, Jasmine enjoys traveling, the arts, fitness, coaching Track and field at her High School, and serving at her church.

If Jasmine could meet anyone past or present it would be: Beyoncé

Jasmine would most like to visit: Anywhere with a magnificent view that she hasn’t seen already

Favorite book: Bible

Favorite movie: Avengers Series

Favorite TV show: Lupin or New Girl

Favorite band/song/album: The Miseducation of Lauryn Hill

Favorite food: Sushi

Favorite quote: What lies behind us and what lies before us are tiny matters compared to what lies within us – Ralph Waldo Emerson

Favorite holiday: Christmas

Hidden talent: I sing and can play 3 instruments

Something on Jasmine’s bucket list: Visit all 7 continents

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Armstrong, Fleming & Moore, Inc.

202.887.8135 |202.887.0050 Fax | info@afmfa.com

Providing financial planning and investment advice since 1983

Securities offered through Commonwealth Financial Network®, Member FINRA/SIPC. Fixed Insurance products and services and advisory services offered by Armstrong, Fleming & Moore, Inc., a Registered Investment Adviser, are separate and unrelated to Commonwealth.

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