MCF Advisors is proud to announce that it has been named a winner in the 2026 Best Places to Work in Kentucky program, presented by the Kentucky Chamber of Commerce. This marks the eighth consecutive year MCF Advisors has received this recognition.
MCF Advisors is pleased to welcome Kristen Kirkwood, J.D., as Director of Compliance. Kristen will be based out of the firm’s Covington office and will play a key role in supporting and strengthening MCF’s Compliance Department.
Tensions between the United States, Israel, and Iran have escalated following coordinated U.S.–Israel military strikes on Iranian strategic infrastructure, military compounds, and political leaders. While the situation remains fluid, the primary market implications center on energy prices, geopolitical risks, and broader Middle East stability. Below is an overview of potential capital market implications.
Acquisition reflects MCF Advisors’ intentional, culture-led approach to long-term advisor growth Lexington, Ky.— March 3, 2026 — MCF Advisors (“MCF”), a Kentucky-based registered investment adviser (“RIA”) serving families, business owners, and retirement plan sponsors, announced today that it has acquired Wealth Planning Corporation (“WPC”), a Cincinnati-based wealth management firm overseeing approximately $617 million in assets under management (“AUM”). The acquisition marks MCF’s expansion in the Greater Cincinnati market, further extending the firm’s regional footprint. WPC is known for its comprehensive, planning-led service model that supports clients and families across generations. The firm joins MCF with a team of nine experienced professionals, including WPC’s President, Todd Steinbrink, who joins MCF as Regional Director and Partner, and WPC’s Vice President of Operations and Relationship Management, Angela Dietrich, who joins MCF as Director of Client Service and Partner. Both leaders will remain actively involved with clients and the Cincinnati team, helping to ensure continuity across these relationships and day-to-day service provided to clients.
LEXINGTON, KY – MCF Advisors, LLC (MCF) is pleased to announce the promotions of two individuals within the firm. Timothy A. Gavin, MBA, CFP ®, will be expanding his role and has been named MCF’s Chief Strategy Officer. As CSO, Tim will be responsible for shaping, executing, and sustaining the long-term strategic direction of the firm.
I am not surprised with the three-year 80%+ gain of the US equity market (SP 500)! Corporate profits and labor productivity gains were fairly well forecasted in our outlook from early June of 2022: we stated that inflation was transitory rather than structural (CPI hit a 9% annualized rate in May of 2022) and that once the Federal Reserve started withdrawing the excess fuel and increasing the price of fuel (fuel being the money supply and interest rates being the cost of fuel) that inflation would start it’s descent to the 2-3% level. We made assumptions that the pressure of wage increases were going to subside, consumers and corporations were in great financial shape due to the massive amount of liquidity injected into the system, and that Government spending would likely stay excessive, all contributing to an the economy that had lots of positive support rather than believe what most economists said: “we are headed into a recession”. As we noted at that time, “this is the most predicted recession that will never happen.” Wow, was that last statement ever more right!!!