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Featured Advisor

Ed Meek
CEO/Investment Advisor

Edge Portfolio Management


State: IL

At Edge, a low client to advisor ratio allows for personal and customized service for each individual.  Our goal is to work as a team for each client to provide not only portfolio management but wealth coordination and financial planning.  We make every effort to have frequent communication with our clients and to provide timely response to calls and emails.  I also enjoy spending time with my wife and three kids, playing and following basketball, playing golf, and participating as an advisory board member for Breakthrough Urban Ministries.

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GDP Growth Slows

Combined factors slow the rate of groth for the US gross domestic product

Federal, state and local spending cuts have slowed economic productivity in the first three months of the year, the Commerce Department reported today in its revised estimate of the gross domestic product for the first quarter of 2011.

The GDP increased at an annual rate of 1.8 percent in the first quarter of 2011, said the department’s Bureau of Economic Analysis, compared to a 3.1 percent increase for the fourth quarter of 2010.

Imports, which subtract from productivity were also up sharply in the first quarter, the BEA said. A slowdown in consumer spending also dampened growth.