One of the most common questions I get from my new wealth management clients is “ARE YOU A FIDUCIARY?” This has been an issue that has been going back and forth between financial industry regulators and the financial services industry since I have been in the business since 1997 and probably well before that! It has been in the news once again recently due to a recent Department of Labor “Fiduciary Rule” regulation. Therefore, I made this video with the hope of clarifying what being a fiduciary means with respect to financial advisory services and how you can tell if your advisor is one too! I hope you find it informative! Click on the Arrow button in the box below to view the video! The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. Investment Management refers to the discretionary investment management services provided through Four Financial Management, a registered invest
I hope that you are doing well! Of course, last week’s headliner was Jerome Powell and the Federal Reserve (Fed) cutting rates by a half percent on Wednesday, September 18, the first time since the COVID-19 pandemic broke out in 2020. The Fed “pause” ended at 423 days and now stands as the second-longest on record, while the 26% gain for the S&P 500 during the pause (7/27/23–9/18/24) ranks first. Here we share some thoughts on the Fed’s move last week and some potential market implications of not only Fed policy but also fiscal policy post-election. This week's Weekly Market Commentary discusses the Federal Reserve's significant rate cut of half a percent on September 18, marking the first such adjustment since the onset of the COVID-19 pandemic. Learn about the potential market implications of this move and the broader fiscal policies post-election, highlighting the challenges and opportunities that may arise from these pivotal financial decisions. Click the link bel