We can agree that 2011 was a challenging year: high equity volatility; low bond yields; negative headlines from Europe; and a very charged political climate all contributed to investor anxiety. These worries often leave many restless and looking for the next “new” thing as it relates to investments (as if that exists!). In a perfect world, every client would want Moneta to be able to say, “We know exactly when the market is about to decline and we will move you to cash and then put you back in as soon as it hits absolute bottom so you don’t miss the ride back up.” But without benefit of a crystal ball, no one can do that consistently over a long (probably any) period of time, and to think otherwise or pretend it’s even a remote possibility is naïve.
COVID-19 / SEC FILING UPDATE:
Moneta Group Investment Advisers, LLC intends to rely on the Order promulgated by the Securities and Exchange Commission under Release No. IA-5463 and updated by Release No. IA-5469 with regards to its annual filing of Form ADV. In addition, Moneta intends to rely on the Order with regards to the delivery of our Summary Brochure and ADV Part 2B Brochures as well. The SEC’s Order grants Registered Investment Advisor firms like Moneta temporary relief from reporting requirements that would otherwise be due amidst the business and everyday disruptions caused by the COVID-19 pandemic. Moneta takes its obligations and fiduciary responsibilities seriously, and intends to effectuate its filing and delivery as soon as is feasible given the circumstances.