By Bill Hornbarger, Chief Investment Officer at Moneta This is the time of year that many investment firms start the process of calculating Capital Market Assumptions (CMAs). These are simply estimates (typically intermediate to longer term defined as 7-10...
By Bill Hornbarger, Chief Investment Officer at Moneta “In a genuinely diversified portfolio, something is always ‘underperforming.’ That’s how you know you’re adequately diversified.” – Nick Murray To date, 2019 has been a banner year for the financial markets....
By Bill Hornbarger, Chief Investment Officer at Moneta Looking at trailing returns through the end of Q3, equities had a remarkable decade. Using the S&P 500 as a benchmark, the stock market has an annualized return of 13.2% since the third quarter of 2009....
By Bill Hornbarger, Chief Investment Officer at Moneta As expected, the Federal Open Market Committee lowered interest rates for the second time this year on Sept. 18. The upper bound of the established range for the Fed funds rate now stands at 2%, down from 2.5% at...
By Bill Hornbarger, Chief Investment Officer at Moneta In recent weeks, the equity markets have buckled but not necessarily broken. The S&P 500 closed at an all-time high on July 26 before falling 6% over the next six trading sessions and then suffering several...
Recent market activity has been both indicative of and a cause of increasing concerns. After reaching a record high in late July, the S&P 500 fell slightly more than 6% in the past three weeks. That decline was punctuated by the two largest daily point declines of...
WHO OWNS THE FIRM YOUR ADVISOR WORKS FOR AND WHAT IS THEIR 10-YEAR PLAN?
Statistics show that a large percentage of advisor firms will sell or merge in the next 5-10 years. Many firms in our space are owned by private equity firms driven to sell at a profit. The excess of private equity capital currently in our industry leaves opportunity for consolidation and a large incentive for return-focused investment managers to sell or merge. Moneta is different because we are partner–owned. We fiercely protect our independence. This allows us to directly align with our clients’ long-term interests while delivering a level of service and loyalty only a completely independent company without external shareholders can offer.
WHAT HAPPENS WHEN YOUR ADVISOR RETIRES?
Continuity and sustainability should top your list of priorities as a client evaluating your financial advisor. Unfortunately, most advisors sell their practices to a consolidator, leaving their clients to fend for themselves. The Kukla McGinnis Brown team won’t do that to you. We proved our loyalty to clients by successfully executing advisor succession plans in the past. We currently have a 20-year strategy in place to ensure we never stop taking care of our clients and future generations.
WHAT IS YOUR CLIENT-TO-ADVISOR RATIO?
The industry average is one advisor per 100 clients. The Kukla McGinnis Brown Team strives to deliver the highest level of service to our clients; therefore, we maintain a one-advisor-per-50-clients ratio. We are dedicated to investing in our team’s growth and future with a focus on developing the next generation of advisors. We work with simple and complex families and institutions in cities across the country. We are well situated to handle practically any of our clients’ various financial needs.
Working with you, we design a meaningful strategy for giving back to the community based on a shared vision and family values.
We outline the optimal path to preserve and grow assets across multiple generations.
We develop and implement the best plan to educate and encourage family members for generations to come.
We help determine the future role of the business in the family enterprise.
