Financial Advisor / Wealth Management

ICYMI:  Recession Proof Your Finances – If the 2020 Covid-induced recession left you stressed about your money, take the time to review these strategies to recession proof your finances. Does Sustainable Investing Hurt Returns? – A ten-year study shows that sustainable investing does not hurt returns, and you don’t have to sacrifice your sustainability goals when investing your portfolio. _____________________________ Schwab’s Chief Global Investment Strategist shares his 2021 outlook. 2021 Global Outlook: New Cycle, New Leadership by Jeffrey Kleintop _____________________________ Finding the right advisor. When It Comes To Your Wealth, How Can You Be Sure? by Kristin Castner, Heritage Financial…
One of the main questions people have about sustainable investing is does sustainable investing hurt returns? This is partly because social screens had a reputation for impacting performance by excluding stocks from portfolios, which money managers don’t always like. Many were also critical, telling clients not to worry about it and make a donation to their favorite charity instead. I worked with one guy who told clients to contribute to the Sierra Fund with their energy profits. Thank goodness those days are over. But it’s also a function of investing’s main purpose: to create returns. Driving positive change with your…
2020 brought us lots of stuff we didn’t need. I’m even tempted to celebrate New Year’s Eve for the first time in years just to bid it good riddance (cue the obligatory disclaimers about doing it while socially distanced, outside and probably by myself at this point given the Covid numbers). Chief amongst those unwanted things was having to stress test your financial situation during a surprising downturn that hit fast. Now that the world is clawing toward recovery, take some time to recession proof your finances before the next slowdown. This wealth management checklist is a good starting…
“You are the books you read, the films you watch, the music you listen to, the people you meet, the dreams you have, and the conversations you engage in. You are what you take from these. You are the sound of the ocean, breath of the fresh air, the brightest light and the darkest corner. You are a collective of every experience you have had in your life. You are every single second of every day.”   -Jac Vanek…
The latest market commentary from Liz Ann Sonders looks at the impact of the vaccines and market rotation. More on this. Changes: Vaccine News Changing Market’s Leadership Characteristics? by Liz Ann Sonders _____________________________ Fascinating story about the scientific evolution of the vaccine technology that’s in the news. The story of mRNA: How a once-dismissed idea became a leading technology in the Covid vaccine race by Damian Garde and Jonathan Saltzman _____________________________ 22pic.twitter.com/cb6yedfiMI — Roben Farzad (@robenfarzad) November 12, 2020 The Fed is focusing on the financial risk from climate change. More on sustainable investing. The Fed is set
Tax-loss harvesting is a strategy that can help investors minimize any taxes they may owe on capital gains or their regular income. It can also improve overall investment returns. As a strategy, tax-loss harvesting involves selling an investment that has lost value, replacing it with a reasonably similar investment, and then using the investment sold at a loss to offset any realized gains. …
ICYMI: Sustainable Investing Thoughts and The Reopening Trade – two recent posts on driving positive change through your portfolio and how the Pfizer news impacted markets. _____________________________ Great news this week. Here are more details. What you need to know about Pfizer’s COVID-19 vaccine by Carl Zimmer and Katie Thomas _____________________________ Investment activity in 401(k) plans was up early this week, perhaps at the wrong time. Some 401(k) investors moved to fixed income this week and may have missed rally by Sharon Epperson _____________________________ Nice overview of the sustainable investing landscape. Sustainable investing is surging. How to decide if it’s
Growth stocks have outperformed value stocks going back to the last bull market’s start in 2009. It’s usually the opposite, which has been a source of immense frustration for value investors. However, diving into the charts you can see the performance gap is heavily influenced by two things: the two years between March, 2018 and March, 2020 and this year’s performance of the “stay-at-home” growth stocks. More recently, we’ve seen evidence of the so-called reopening trade, which has helped value. That trade is buying cheap and cyclical stocks that would benefit when the economy reopens. This trade has come…
Something I’ve been thinking about and researching more lately is sustainable investing (learn more here).  There are a few reasons why: Interest in sustainable investing has grown dramatically over the past few years.  Sustainable investing products and strategies are stronger and more customizable now. It’s always been a piece of my practice, but not a focal point. I’m personally intrigued by my industry’s ability to drive positive long-term change.  Please allow me to dive deeper into that last reason. Investing as a Change Catalyst I don’t think it’s a particularly controversial statement to say that there are things going…