Perspectives & News

Many investors spend years diligently saving and investing for retirement. Yet one of the biggest threats to long-term wealth isn’t market volatility—it’s taxes. Over time, successful savers often accumulate substantial balances in retirement accounts, taxable investment accounts, real estate, and business interests. While these assets can create financial security and opportunity, they can also create tax consequences that are often overlooked until it’s too late to meaningfully plan around them. The good news is that many of these risks can be managed with proactive planning.

Many families spend decades building wealth with the goal of creating financial security and opportunity for future generations. They work diligently to save, invest, and develop thoughtful estate plans designed to transfer assets efficiently.

Acquisition underscores MCF’s dedication to building lasting advisor partnerships rooted in culture and community LEXINGTON, Ky. — May 8, 2026 — MCF Advisors, LLC (“MCF”), a Kentucky-based registered investment adviser (“RIA”) serving families, business owners, and retirement plan sponsors, announced today that it has acquired Hoff Bujnoch & Associates (“HBA”), a Newport, Kentucky-based wealth management firm overseeing approximately $250 million in assets under management (“AUM”). The acquisition expands MCF’s presence in the Northern Kentucky market and adds to the firm’s financial planning and wealth management capabilities.

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.