I hope this post finds all of you happy and healthy. I have just had a few quick comments that apply to everyone, so I thought this might be the best, quickest way to connect.
First off, I wanted to express my sincere gratitude and say thank you for your continued trust and confidence that you have placed with Joanne & I. I know the first few months of this pandemic was extremely unsettling, not only from a health standpoint, but from a financial one as well. I want you to know that, if there is anything we can do for you, please ask. I am now 26 years into being a financial advisor and my outlook and perspective has changed on many things over the years, but the one thing I will never forget, is that a financial planning firm only exists to serve it’s clients and the success of the firm is the direct result of those client relationships. I probably don’t say it enough, but from the bottom of my heart, thank you for your continued partnership with us.
As far as working on ways to communicate effectively with you, over the last several weeks, we have taken advice from other advisors, businesses, our home office and most importantly, clients like yourself on how to safely resume in person meetings. Please let us know if you would like to meet again and we will review how we can do that in a way that is safe for everyone, comfortable for you and follows the guidelines set. We are always available via phone, email, Zoom, etc. if you prefer to communicate that way as well. Please reach out to Joanne and she can set up any type of meeting you prefer at your convenience.
As far as the markets are concerned, we have had an incredible rally, which has been the result mostly of large cap tech companies. An extremely low interest environment, record breaking stimulus programs, coupled with a sudden shift in how most businesses operate, has led to substantial movement in people’s portfolio allocations. Where that has served investors well these last few months, it does make it even more important to assess one’s portfolio, to make sure it is allocated appropriately and not over weighted in any one sector or group. One need only to turn on the news for 5 minutes to understand that we are most likely in store for spirited political debate and posturing, that could move the markets substantially over these next few months. We are more than happy to review your current allocation, risk objectives with you and answer any questions or concerns you may have, just let us know.
Take care and look forward to speaking with you soon.