Portfolio Rebalancing: What? Why? When? Have you ever received a Raymond James trade confirmation (or several), and quietly wondered what it was for? It was probably the result of an action I took on your behalf. My name is Jessie Stirling, and I am an Investment Analyst and Wealth Advisor here at Stephens Wealth Management …
Monthly News
May 2023 Newsletter
FAFSA: A College Planning Essential With National 529 Day coming up on May 29th, this month is a great time to start thinking about savings options for higher education. We have many clients who are actively saving with 529’s for their children, grandchildren, and others going to college. What is sometimes overlooked is the importance of …
April 2023 Newsletter
Market Update The stock market started off the new year on a positive note following a difficult 2022. After a strong January in the markets, volatility resurfaced in February. Stocks retreated from higher levels with renewed inflation concerns and worries of prolonged interest rate hikes from the Federal Reserve. The S&P 500 ended the first …
Silicon Valley Bank Failure
As you know, the recent failure of Silicon Valley Bank and Signature Bank has rattled the markets. Silicon Valley Bank was heavily concentrated on technology start-ups and venture capital firms. Many of the bank’s clients had deposits above the standard $250,000 FDIC insured limit. As venture funding began slowing down last year, these clients needed …
March 2023 Newsletter
Snowbird(ing) – It’s a Real Thing… At Stephens Wealth Management, we are committed to supporting clients in all financial endeavors. As collaborative partners, we listen to growing needs and do our best to provide solutions. For that reason, we are excited to introduce our new offering: Financial and Lifestyle Planning for Snowbirds, including those …
February 2023 Newsletter
Financial Resolutions for 2023 The beginning of the year is a great time to set and review your financial goals. Thinking through and creating a plan can go a long way towards achieving your long-term financial success. With that in mind, consider the following: ☐ Learn more about upcoming changes surrounding the SECURE …
4th Quarter 2022 SWMG Newsletter
Reflections on 2022 and What’s Ahead… First, welcome to 2023. We wish our clients and partners a happy, healthy 2023. We have many great plans for the year, including a monthly (vs quarterly) newsletter. Also, be on the lookout for more podcasts and helpful resources. Although 2022 was a difficult year for the markets, …
3rd Quarter Capital Market Review
The third quarter brought continued market weakness due to concerns about high inflation and the Federal Reserve’s interest rate increases to slow the economy. The Fed has now raised interest rates five times since March and indicated that more increases are coming. The idea that interest rates will stay higher for longer has shaken investors, …
3rd Quarter 2022 SWMG Newsletter
Economic Update It’s been a rocky year for investors for most of 2022 with stubbornly high inflation, rising interest rates, recessionary fears, and the continued war in Ukraine. The market has reentered bear market territory (a decline of more than 20%) after a summer rally. Interest rates have moved higher as investors have digested the …
2nd Quarter Capital Market Review
The difficult start to the year for the markets continued into the second quarter with high inflation, global growth fears, geopolitical concerns, rising interest rates and worries that a recession may be looming. Stocks entered a bear market (a decline of at least 20%) in June. The S&P 500 (US large cap stocks) is down …