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20 Years Later, Black Monday in Front of Investors' Minds
by Ken Sweet

"The lesson really was when in doubt, flood it," said Ralph Parks, president and CEO of Ralph Parks Investment Group, who was with Merrill Lynch at the time. "This summer, the liquidity would have dried up if we hadn't gotten that help from the Fed. We sure learned from 1987."

Source:Fox Business News- October 2007
Those Who Play the Ups and Downs
by NORM ALSTER
Mr. Parks manages the Ralph Parks Cyclical Equity fund, which gained 3.25 percent on Sept. 18, the day the Fed cut its benchmark short-term interest rate, the federal funds rate, and the S.& P. 500 rallied by 2.9 percent. Unlike most managers of long-short funds, who describe themselves as fundamentals-oriented stock pickers who thrive by sorting the good apples from the bad, Mr. Parks studies stock charts, describing himself as a momentum investor.
Source:NY TIMES October 2007

When Financial Advisors Defect,Clients Must Make a Big Decision

by Will Swarts
WHEN DEBBIE ALLYN got a phone call from Ralph Parks, her financial advisor, telling her he was leaving the firm that had run her family's money for decades, the Rochester, N.Y., schoolteacher didn't hesitate.

Goodbye, Smith Barney. Hello Ralph Parks Investment Group, the independent advisory firm the longtime wirehouse veteran founded in 2005 ..........

Source:Smart Money January 2007
Homeowners feel pinch of higher interest rates
by Lisa Shidler
CHICAGO - Even though the Federal Reserve put the brakes last Tuesday on a more than two-year stretch of interest rate increases, a growing number of advisers find themselves in position of trying to dissuade clients from dipping into their retirement nest eggs to pay down mortgages....

Source:Investment News
Two-income households challenge advisers
by Lisa Shidler
One challenge for dual-income households is to slash daily spending, said Gina Griffo, executive vice president and portfolio manager for Ralph Parks Investment Group in Pittsford, N.Y., which has about $100 million under management. Costs such as eating out daily can add up, she said.

Ms. Griffo encourages her dual-income clients to contribute to each person's 401(k) account rather than contributing to just one
Source:Investment News
Firm banking on getting ahead of market trends
by Ben Rand
In Ralph Parks' view, the act of selecting and then purchasing stock in a company deserves no great fanfare.
With literally tens of thousands of publicly traded companies in the United States, the choices and opportunities are virtually endless.

The real trick, says Parks, comes in knowing when to sell.
Source:Democrat & Chronicle
 
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