Blog
What’s on our mind? You can read about it in our blog. Whether it’s ideas from the investment world or concepts from the financial industry, you can read about it here. And once in a while, we may throw in a movie review or some other surprise. So keep checking in. We’re glad to have you reading along.
From Caps and Gowns to Financial Goals: A Financial Guide for Graduates and Their Families
May is a season of milestones. Across the country, students are walking across stages, tossing caps into the air, and stepping into exciting new chapters; whether that’s college, a first career, or the pursuit of a lifelong dream...
Read MoreLong-Term Resilience During Geopolitical Instability
As the Iran conflict enters its second month, geopolitical stress continues to test investors. Historical stock market performance during geopolitical conflicts helps remind us that stocks are far more resilient than the moment may...
Read MorePlanting Seeds for Long-Term Growth: How Small Moves Today Can Pay Off Tomorrow
The most durable edge in personal finance isn't a stock-picking method or a sophisticated allocation strategy. It's starting early and staying consistent, two things available to almost anyone, and practiced by surprisingly few.
Read MoreMaintaining Course Through Geopolitical Uncertainty
Our message for investors is to remain patient and be diversified. Staying the course during volatile and uncertain geopolitical environments can be difficult, but the stock market’s track record suggests it’s the right approach.
Read MoreAre You On Track Financially for 2026? A First-Quarter Check-In
By late February, the energy of a new year has usually settled. The ambitious goals we set in January start competing with real life- busy schedules, market headlines, unexpected expenses, shifting priorities.
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Productivity Gains Pave the Way for a Federal Reserve Leadership Transition
Other than the historic volatility in gold and silver prices, the biggest news for markets in January may have been the nomination of Kevin Warsh as the next Federal Reserve (Fed) Chair. We anticipate a Warsh-led Fed will be able to...
Read MoreA Fresh Start for Your Finances: What’s Worth Reviewing in The New Year
The start of a new year often brings a sense of possibility. We believe meaningful progress comes from clarity, consistency, and ongoing planning- not quick fixes.
Read MoreReflecting on 2025, Looking Ahead to 2026
Stocks had another strong year in 2025 as most market benchmarks enjoyed their third straight year of double-digit returns. Last year’s performance was particularly rewarding given how much stocks overcame — notably tariffs. Tariffs...
Read MoreThe End of the Year, the Start of Possibilities
For financial advisors, this time of year often comes with deeper questions. Beyond production numbers and performance metrics, this time invites reflection on alignment. Does your current firm support the way you want to serve clients?
Read More2026 Outlook: The Policy Engine
In 2025, we observed a market environment where fiscal and monetary policy decisions, rather than traditional business fundamentals, were the primary drivers of market direction. This shift means that policy influence and market...
Read MoreStocks Pass Another Test With November Rebound
Stock investors were rewarded for staying the course in November as broad stock market averages recovered from a mid-month dip to end near record highs. The comeback extended the S&P 500 Index’s streak of monthly gains to seven –...
Read MorePositive Momentum Builds as Year-End Approaches
The last week of October delivered a flurry of impactful headlines across earnings, monetary policy, and geopolitics — each shaping the investment landscape as we head into year-end. Here are some key takeaways...
Read MorePerennial Taps Edward Jones Leader of Experienced Advisor Recruiting as Chief Growth Officer
Perennial Financial Services is proud to announce that Betty Chin, a 14-year veteran of Edward Jones and one of the most accomplished experienced advisor recruiting senior leaders, has joined the firm as Chief Growth Officer.
Read MoreThe Hidden Horrors of Inflation
As Halloween approaches, it feels fitting to shine a light on one of the most persistent, and quietly unsettling, threats to financial health: inflation.
Read MoreStock Market Fundamentals Outweigh Shutdown Drama
The October 1 deadline has passed, and the U.S. government has shut down. While political gridlock is never ideal, history suggests that shutdowns tend to be short-lived and have minimal sustained impact on the economy or the stock...
Read MoreSay Good-Bye to Summer and Hello to Historically Weak September
As summer winds down, the financial world remains focused primarily on the Federal Reserve (Fed). At last month’s Jackson Hole Economic Symposium, Fed Chair Jerome Powell signaled the Fed seems ready to cut interest rates later this...
Read MoreResilient Markets Amid Economic Crosscurrent
The last few days of July and the beginning of August have brought a flurry of key economic data, central bank activity, company earnings results, and tariff news. Here are some takeaways from the week of July 28: Slowing U.S. economy....
Read More2025 Midyear Outlook: Pragmatic Optimism, Measured Expectations
We started 2025 on a high note, although we acknowledged that “no market environment is ever permanent, and that change is always potentially around the corner.” Well change did come, and with it, volatility, perhaps in part because we...
Read MoreAmerica Gets Record High Stock Prices for Its Birthday
As Americans get their grills and beach chairs ready for the July 4th holiday, the stock market and the weather across much of the country have both been on heaters. Stocks and bonds continue to effectively navigate a complex policy...
Read MoreVolatility Likely to Bring Opportunities As Trade Uncertainty Continues
As June begins, markets continue to navigate a complex landscape shaped by trade policy shifts, an uncertain economic and earnings outlook, and bond market headwinds. Several key developments in recent weeks may have implications for...
Read MoreMarket Resilience Amid Uncertainty
The latest recovery is another reminder that periods of turmoil can often create opportunities. Although stocks may pull back after their strong rally since the April 8 lows — especially if trade deals and tariff reductions don’t...
Read MoreEstate Planning: How to Build a Legacy That Reflects Your Values
We believe that estate planning is not just about passing on assets, it's about leaving a legacy that reflects who you are and the values you hold. So, let’s break down the essential steps to building an estate plan that honors your legacy.
Read MoreAn Update On Tariffs and Market Volatility
Stocks tumbled again as China retaliated to the tariffs the Trump administration announced last Wednesday. Markets were already struggling with prospects for slower growth, which has now shifted to increasing concerns about recession...
Read MoreTariffs Bring April Showers For Markets
April showers came a month early as stocks fell in March. Tariffs were the primary cause of the market jitters, although that uncertainty became too much for markets to shrug off once economic data started to weaken. The U.S. economy...
Read MoreNavigating Market Volatility
Market volatility has arrived in force. The slowdown in the economy and more policy-driven volatility was the consensus expectation coming into 2025. What was not expected, however, was how much the Trump administration would lean...
Read MoreTariff Transition
As spring approaches and the weather warms, the U.S. economy has begun to cool. After a sizzling recovery from the pandemic, followed by a period of surprisingly solid and steady growth on the back of resilient consumer spending, the...
Read MoreAI Advances and Tariff Tactics
The new month brings two major market-moving stories to digest. First is the advances in artificial intelligence (AI) by Chinese startup DeepSeek. It has caused some investors to question America’s lead in the AI race and American...
Read MoreAbhishek Vakil Joins Perennial Financial as a Dedicated Partner to Business Owners Nationwide
New York City – Perennial Financial Services is excited to announce that Abhishek Vakil has joined the firm, bringing over 10 years of experience in financial management, financial literacy, and client-centered financial solutions....
Read MoreOutlook 2025: Pragmatic Optimism
Looking back, 2024 clearly echoed many of the themes from 2023. By and large, the economy continued to defy expectations and surprised once again. Stocks continued their strong performance, driven by powerful trends in artificial...
Read MoreA November to Remember
Solid gains for stocks gave investors a November to remember. In fact, the S&P 500’s more than 5% advance marked its best month of 2024. Several factors played into the stock market’s continued move higher. The U.S. economy continued...
Read MoreGreg Morse Joins Perennial Financial Services, Bringing Specialized Knowledge to Clients
Los Angeles, CA- Perennial Financial Services is excited to announce that Greg Morse has joined the firm as a Senior Financial Advisor. With over twenty years of experience in the financial services industry, Greg has built a...
Read MoreDonald Trump Elected 47th President of the United States of America
Donald Trump was elected the 47th president of the United States, defeating Vice President Kamala Harris thanks to strong performance in key swing states that gave him 277 electoral votes to 224 for Harris (according to The AP)...
Read MoreMatch Play: How Pairing with a CEPA Can Help You Shoot for the Green
Playing golf with a superior caddy is the best way to enjoy a round of golf. Having an extra set of eyes—and sound guidance—can help you reveal your own talents. In the same way, your business succession plan is much more prosperous...
Read MoreBeyond the Federal Reserve Rate Cuts
For the first time in more than four years, on September 18, the Fed cut interest rates. While the debate over how big the cut would be was settled (a half point, not a quarter), the question is, where will the Fed will go from here?
Read MorePerennial Financial Services Welcomes Third-Generation Financial Advisor Jason Horg
Los Angeles, California- Perennial Financial Services is excited to announce the addition of Jason Horg, a third-generation financial advisor, who joins the firm under his DBA, Horg Wealth Management. With a strong legacy of financial...
Read MorePerennial Financial Welcomes Devin Shaeffer Under his DBA, Shaeffer Private Wealth Management
Los Angeles, California- Perennial Financial Services is thrilled to announce the addition of Devin Shaeffer to its esteemed team of financial professionals. Devin joins Perennial under his own DBA, Shaeffer Private Wealth Management,...
Read MoreCaribel Colon Joins Perennial Financial Services, Marking The Firm's First Presence In The Northeast
Perennial Financial Services is proud to announce the addition of Caribel Colon as a financial advisor in the newly established Philadelphia office, marking the firm's first presence in the Northeast.
Read MoreThe U.S. Economy and Financial Markets: Passing the Tests
With fall upon us and students back in classrooms, it seems like a good time to reflect on the various tests that the U.S. economy and stock market have passed recently. When the economy and markets are tested, the foundation for...
Read MorePerspectives on Market Volatility
Stocks must have gotten the memo that August tends to be weak historically. July, the eighth positive month in the past nine, was quickly forgotten as the beginning of August greeted us with a selloff. The primary catalyst was...
Read MoreMidyear Outlook 2024: Still Waiting for the Turn
As we reach the halfway point of 2024, a sense of persistence defines the economic and market landscape. Trends from late 2023 have continued, with surprisingly resilient economic growth mixed with stubborn but decelerating inflation....
Read MoreSolid Gains to End the First Half
Stocks finished the first half of the year the same way they started — with solid gains. Strong rallies from big tech names, combined with somewhat softer economic and inflation data, helped propel the S&P 500 to its seventh monthly...
Read MoreAriana Hakami Joins Perennial Financial Services, Bringing Expertise and Passion for Client Success
Perennial Financial Services is thrilled to announce the addition of Ariana Hakami to their team. With an impressive thirteen-year track record, Ariana excels in steering clients toward fiscal health and wealth-building.
Read MoreStocks Benefit From Solid Fundamental Foundation
April showers brought May flowers as markets placed greater importance on economic growth and corporate profits than the “higher for longer” interest rate messages from the Federal Reserve (Fed). In fact, the S&P 500 ended May above...
Read MoreTom Mayea Transitions to Perennial Financial Services to create Mayea Wealth Management
Tom Mayea, a financial advisor with eighteen years of experience, announces his transition to Perennial Financial Services under his own DBA of Mayea Wealth Management. Renowned for his...
Read MoreAlan Simeon Joins Perennial Financial Services, Bringing Over Twenty-Eight Years of Financial Expert
Perennial Financial Services proudly announces the addition of Alan Simeon to their team of financial professionals. With nearly thirty years of experience as a wholesaler in the...
Read MoreNavigating May's Stock Market Outlook
After a strong first quarter for stocks, some April showers rained down as the S&P 500 fell about 4% last month. Hopefully those showers will bring some flowers in May, despite the widely cited stock market adage, “Sell in May and go...
Read MoreAn Excellent First Quarter for Stocks
The first quarter is in the books, and it was an excellent one for stocks. The S&P 500 index rode a resilient U.S. economy, easing inflation, rising corporate profits, and anticipation of summertime rate cuts from the Federal Reserve...
Read MoreMarkets Warming Up
As spring approaches, the weather is starting to warm up. For the stock market, the temperature has been rising for a while now. In fact, since December 2023, the S&P 500 has not experienced a pullback of even 2%. Strong starts to...
Read MoreXimena Silva-Avila Joins Perennial Financial Services, LLC
Perennial Financial Services, LLC, is pleased to announce that Ximena Silva-Avila has joined their team of financial advisors. Ximena Silva-Avila emerges as a leading figure in the world of wealth management, blending analytical...
Read MoreSolid Start to 2024
Stocks are off to a solid start in 2024. January gains are particularly enjoyable because of the old adage from the Stock Trader’s Almanac, “As goes January, so goes the year.” Nearly 75 years of historical data shows...
Read MoreImportant Lessons from 2023
Stocks defied the skeptics in a very unpredictable 2023. The Dow Jones finished at an all-time record high on December 28, and the S&P 500 came within a whisker of a fresh all-time high after the index rallied more than 20% for the...
Read MoreOutlook 2024: A Turning Point
In 2024, LPL Research believes markets will make a definitive turn to a more recognizable place. En route, the transition will be marked by meaningful shifts in a few key areas. Inflation is going down. The risk of a recession is...
Read MoreA November to Remember
Solid gains for both stocks and bonds gave investors a November to remember. As financial markets continue to defy skeptics, I’m reminded of a quote from Warren Buffett’s long-time partner and one of the greatest investors...
Read MoreOffering Thanks
The penultimate month of the year is often a time to reflect and offer thanks. And while economic and geopolitical uncertainty can overshadow the positives, there are things to be thankful for. Here is just some of what we’re...
Read MoreTreasury Term Premium 101
The move higher in Treasury yields (lower in price) has been unrelenting, with intermediate and longer term Treasury yields bearing the brunt of the selloff recently. Since the end of July, 10-year yields are up over 0.90% and 30-year...
Read MoreStaying the Course
The S&P 500 lost 3.3% in the third quarter after sliding nearly 5% in September. Putting this into perspective, nothing really qualifies as out of the ordinary. Since 1950, the S&P 500 has historically declined in September 55% of the time.
Read MoreNavigating Market Setbacks
Financial markets lived up to their reputation during the month of August, which has a record for being difficult. On the first day of August, markets had to contend with a downgrade of U.S. long-term debt by the rating agency, Fitch....
Read MoreStaying Invested in a Tricky Market Environment
The market is pricing in an increasingly optimistic outlook, but the economy still faces challenges that will likely lead to slower growth in the second half — and perhaps even a mild economic contraction. So why stay invested?
Read MoreMidyear Outlook: The Path Toward Stability
https://www.lpl.com/news-media/research-insights/lpl-research-midyear-outlook-2023-the-path-toward-stability.html
Read MoreBetter-Than-Expected First Half
As we finalize the log on the first six months of 2023, we believe there’s value in reflecting on recent months gone by. Doing so can help crystallize key learnings and help chart a course through the rest of the year. Looking...
Read MoreDebt Ceiling Drama Is Behind Us
With the debt ceiling drama behind us, markets will likely return their attention to topics such as inflation, the health of the economy, and the Federal Reserve (Fed)—who is scheduled to meet June 14-15...
Read MoreInvestor Sentiment Tested
Spring is often thought of as an uplifting time, marked by growth and renewed hope as we emerge from the long months of winter and look ahead to the rest of year. Investors saw signs of such renewed hope in recent weeks, especially on...
Read MoreBrad Harris Named as a 2023 Leader of Influence by the Los Angeles Business Journal
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John B. Petrick Named as a 2023 Leader of Influence by the Los Angeles Business Journal
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A Resilient March
The financial markets’ resilient performance during March was striking, despite pockets of uncertainty surrounding the strength of the economy—and not to mention concerns over the durability of the banking system...
Read MoreThe SVB Collapse
Financial markets were shaken last week as Silicon Valley Bank (SVB), the California bank subsidiary of SVB Financial Group (SIVB), fell into FDIC receivership. SVB is the first FDIC-insured institution to fail since 2020 and the...
Read MoreWaiting for New Highs
Financial markets have experienced quite a bit of change this year in just two short months. We started the year hopeful that stocks would benefit from a better economic and monetary policy environment by the spring, but...
Read MoreOpportunities in 2023
When we look back on 2022, it’s easy to identify the challenges—but if we look closer, we can also uncover some opportunities. So what does all of this mean for 2023—and where are these opportunities?
Read MoreJOHN B. PETRICK RECOGNIZED AS ONE OF LPL FINANCIAL’S TOP FINANCIAL ADVISORS
JOHN B. PETRICK RECOGNIZED AS ONE OF LPL FINANCIAL’S TOP FINANCIAL ADVISORS Los Angeles, CA — January 31, 2023 – John B. Petrick, senior managing director at Perennial Financial Services and an independent LPL...
Read MoreBRADLEY B. HARRIS RECOGNIZED AS ONE OF LPL FINANCIAL’S TOP FINANCIAL ADVISORS
BRADLEY B. HARRIS RECOGNIZED AS ONE OF LPL FINANCIAL’S TOP FINANCIAL ADVISORS Los Angeles, CA — January 31, 2023 – Bradley B. Harris, managing director of retirement planning at Perennial Financial Services and...
Read MoreBEN LAWLER RECOGNIZED AS ONE OF LPL FINANCIAL’S TOP FINANCIAL ADVISORS
BEN LAWLER RECOGNIZED AS ONE OF LPL FINANCIAL’S TOP FINANCIAL ADVISORS Los Angeles, CA — January 31, 2023 – Ben Lawler CPA, *Attorney, Financial Planner & Stockbroker, an independent LPL Financial advisor at...
Read MoreMICHAEL FULLER RECOGNIZED AS ONE OF LPL FINANCIAL’S TOP FINANCIAL ADVISORS
MICHAEL FULLER RECOGNIZED AS ONE OF LPL FINANCIAL’S TOP FINANCIAL ADVISORS Arroyo Grande, CA — January 31, 2023 – Michael Fuller, an independent LPL Financial advisor at the Central Coast office of Perennial...
Read MoreCHRISTOPHER NOWAKOWSKI HONORED AS ONE OF LPL FINANCIAL’S TOP FINANCIAL ADVISORS
CHRISTOPHER NOWAKOWSKI HONORED AS ONE OF LPL FINANCIAL’S TOP FINANCIAL ADVISORS Los Angeles, CA — January 31, 2023 — Christopher Nowakowski, senior managing director at Perennial Financial Services and an...
Read MoreReasons for Optimism
The beginning of a calendar year is often the time when the previous year’s reflections transition to a new year’s hopes. Given the market’s continued instability during 2022 and a resulting tough period for stock and bond prices...
Read MoreOutlook 2023
Through all the challenges, newfound opportunities, and every high and low we’ve experienced during the last couple of years, it’s no surprise why we might be striving for more balance. Whether it’s about the markets...
Read MorePerennial Financial Services & Ford Financial Group Combine To Create a near $2 Billion Hybrid RIA
Perennial Financial Services, a national hybrid RIA with offices throughout Los Angeles and Orange County, as well as Arroyo Grande, Boise, Idaho, and Arizona, today announced the merger of Ford Financial Group, a hybrid RIA based in Fresno
Read MoreLooking Ahead
October is now behind us and it has delivered on its track record as a historically favorable month for stocks, offering some respite for investors as major equity indices rose for the month. The downside pressure on equities had...
Read MoreCould the Worst be Behind Us?
First, we want to acknowledge the tremendous damage and displacement caused by Hurricane Ian. Our thoughts are with those impacted by this devastating storm.This has clearly been a challenging year for households. Stocks and bonds are...
Read MoreBetter Times Ahead
In the last several weeks, we have continued to face elevated uncertainty in financial markets due to high inflation and rising interest rates, and we thought it was an important time to take stock with the final quarter of 2022 just...
Read MoreDavis Aldana Joins Perennial Financial Services & LPL Financial
September 12, 2022 – LPL Financial LLC announced today that financial advisor Davis Aldana has joined LPL Financial’s broker-dealer, RIA and custodial platforms doing business as Aldana Financial and affiliating with Perennial Financial...
Read MoreThe Best and Worst of Times
When it comes to stock market performance, August was “the best of times, and the worst of times.” The strong market rally that peaked in mid-August was viewed by many analysts as a transition from a bear to bull market,...
Read MoreThank Uncle Fester: The Origin of "Coogan Accounts"
You likely have never heard of a Coogan Account unless you have a minor working as an actor or you are involved in the entertainment industry. Even if you have heard of it, I doubt you know the history that led to the creation of this...
Read MoreBig Week for Market Watchers
Last week was epic for market-watchers. A Federal Reserve (Fed) rate hike, a much-anticipated gross domestic product (GDP) report, and the busiest week of earnings season got most of the headlines. There was even a surprise out of...
Read MoreLPL Financial and Perennial Financial Services Welcome Eddie Chan
CHARLOTTE, N.C. – July 28, 2022 – LPL Financial LLC announced today that financial advisor Eddie Chan has joined LPL Financial’s broker-dealer, RIA and custodial platforms, affiliating with Perennial...
Read MoreMidyear Outlook 2022: Navigating Turbulence
We expect the U.S. economy to grow in 2022 and also eek out growth in 2023. Annual growth rates may mask some of the intra-year economic activity which could be quite volatile.
Read MoreLooking Forward
As the calendar has turned to July, investors would certainly like to forget the first six months of 2022. However, the Fourth of July Independence Day holiday does bring with it reason for celebration. Not only is it the 246th...
Read MoreA Bear Market is Officially Here
A bear market is officially here thanks largely to stubbornly high inflation. For many of us, it has probably felt like a bear market for a while now, but the S&P 500 Index didn’t close more than 20% below its January 3 record...
Read MoreBull Market Hangs By a Thread
The bull market that began in March of 2020 came dangerously close to an end. From March 23, 2020 through January 3, 2022, the S&P 500 Index gained 114% (excluding dividends). From that January 3 closing high through the recent low on...
Read MoreVolatility Continues
2022 has been a challenging year for investors so far. The S&P 500 Index just had one of its worst Aprils in decades, and May is off to a rocky start. Bond investors have not fared much better as rising interest rates have pushed down...
Read MoreHave We Really Seen Extreme Pessimism Yet?
"It’s been a very tough start to the year with both stocks and bonds down sharply. Adding to the “wall of worry” for investors are the highest levels of U.S. inflation in decades, an aggressive Federal Reserve (Fed),...
Read MoreApril Showers Bring May Flowers
As we move into spring and leave behind the last signs of a long winter, many worries from a chilly start to the year for markets, unfortunately, are still with us. The S&P 500 Index had its worst April in more than 40 years, leaving...
Read MoreAn Attractive Entry Point
It has been a turbulent 2022 so far for investors. The S&P 500 Index is on track for its worst April in more than 40 years, the Nasdaq entered a bear market on April 26 with its more than 20% decline, and bonds, which typically provide...
Read MoreLos Angeles Business Journal - Leaders of Influence: Wealth Managers- JOHN PETRICK
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A Ways to Go
“Bull markets are born on pessimism, grown on skepticism, mature on optimism, and die on euphoria.” - Sir John Templeton According to the guidance of revered investor Sir John Templeton, it appears to us that this market...
Read MoreNavigating Geopolitical Tensions
he green shoots are hard to see right now as spring approaches, clouded by war in Ukraine. Democracy is under attack and innocent lives are tragically being lost. But while we keep one eye on overseas developments, the other remains...
Read MoreNew Beginnings in 2022
With the New Year comes new beginnings, new goals, new challenges, new friendships, and new opportunities. 2021 was an incredible year for the economy and investors, but to us the future remains bright for 2022 and beyond...
Read MoreHoliday Resilience
We hope everyone enjoyed the Thanksgiving holiday with family and friends. While life has been challenging during the pandemic, we have a lot to be thankful for. At this time, we are especially grateful for COVID-19 vaccines and...
Read MoreMany Reasons to be Thankful
The past year and a half have tested all of us, but overall, the economy continues to strengthen, COVID-19 trends are greatly improving, and this still relatively young bull market is alive and well. As the leaves turn colors and begin...
Read MoreChange May Bring Opportunities
One constant in life is change. During the past year and a half, we have experienced more change than any of us bargained for. Change is disruptive—but also brings opportunities. For investors right now, there is no shortage of...
Read MoreThe Bull Market Continues
The bull market continues, with the S&P 500 Index now up seven months in a row. Stocks have impressively gained 20% year-to-date, with the S&P 500 making 53 new all-time highs before the end of August—another new record. All of...
Read MoreSix Months and Counting
Six months and counting. That is the current monthly winning streak for the S&P 500 Index. To take that a step further, this key equity benchmark has posted gains in 13 of the last 16 months—dating back to the March 2020 low....
Read MorePicking Up Speed
In the first half of 2021, the U.S. economy powered forward faster than nearly anyone had expected. Speed can be exhilarating, but it can also be dangerous. In our view, the overall economic picture remains sound and will likely...
Read MoreLPL Financial and Perennial Financial Services Welcome Advisors Mike Fuller and Rob Barber
CHARLOTTE, N.C. – June 9, 2021 – LPL Financial LLC today announced that financial advisors Mike Fuller and Rob Barber have joined LPL Financial’s broker-dealer, hybrid (RIA) and custodial platforms,...
Read MoreA Return to Normalcy
As we move into June, a path to normalcy is coming quickly with stadiums allowing full capacity, restaurants filling up, and summer vacations in full swing. Meanwhile, the U.S. economy continues to recover remarkably quickly and the...
Read MoreOut of the Shadows
As the calendar has turned to May, the popular “Sell in May and Go Away” stock market cliché is getting a lot of airtime. This is the idea that the stock market tends to be weakest between May and October (and...
Read MoreSpring Into A Positive Outlook
“The real key to making money in stocks is not to get scared out of them.” Peter Lynch They say April showers bring May flowers. Well, after a lot of showers and storms over the past year, flowers are starting to bloom and...
Read MoreThe Return of Normal is Approaching
It’s now been over a year since COVID-19 first hit American shores. While the pandemic has affected everyone to varying degrees, we can all agree that everyone’s life is different today than it was a year ago. It’s...
Read MoreStay the Course
“In the short-term, the market is a popularity contest. In the long-term, the market is a weighing machine.” Warren Buffett 2021 is under way, as our nation and the rest of the world look to begin to put the global pandemic behind us...
Read More2021 Brings a Fresh Start
Happy New Year! A new year offers a welcomed turn of the calendar and a fresh start. However, it’s difficult to put 2020 completely behind us just yet because the COVID-19 pandemic still presents a significant threat. Healthcare...
Read MoreOutlook 2021 - Powering Forward
More than most years, it’s hard to look ahead to the next year, to 2021, without looking back at 2020. A global pandemic, a massive economic collapse, a bear market, a surprisingly sharp reversal, a hotly contested election where...
Read MoreOutlook for 2021
As 2020 comes to a close, we are already looking forward to a new year—and to a world very different from the one we’re leaving behind. Areas of the economy have been damaged and may never fully recover, but other areas...
Read MoreElection 2020 Is Undecided
The American people have voted, casting a record number of ballots under extraordinary circumstances, which is a testament to the enduring resilience of our democracy. Determining the outcome of our elections is a process, but it...
Read MoreSigns of Strength in the Economy
Autumn has arrived, with students back in school, baseball playoffs beginning, and football in full swing. Life is trying to get back to as normal as possible despite the ongoing impact from COVID-19. While the number of new daily...
Read MorePositive Territory
The battle versus COVID-19 continues. The spread in some of the recent hotspots like California and Florida is slowing, while states in the Northeast and Midwest are now experiencing increases in cases. According to the World Health...
Read MoreMidyear Outlook 2020: The Trail to Recovery
We are at the midpoint of 2020, and it would be an understatement to say it’s been a challenging year so far in the United States and around the world. We’ve faced health, social, and economic crises that continue to impact...
Read MoreFourth of July Optimism
The July Fourth holiday will be very different this year. Although it’s a time to enjoy family and friends, and maybe even watch some fireworks, social distancing and a new wave of COVID-19 cases also may take a seat at the...
Read MoreLooking Forward
As we look ahead to the summer months, we can’t help but think what a challenging year it’s been so far. At the same time, we’re encouraged by the resiliency and accelerated innovation among US businesses and the...
Read MoreBetter Times Are Coming
“Never confuse a single defeat with a final defeat.” — F. Scott Fitzgerald The economic struggles in our country are among the worst we’ve ever seen. In April, a record 20 million people lost their jobs, and 36...
Read MoreNowhere To Go But Up
Investors like labels for the economy and financial markets—many of them with the word “great” in them. The Great Depression. The Great Recession. The Great Lockdown. Well, we’ve moved into what we might call...
Read MoreCelebrating 12 Years
Congratulations to our Managing Director of Insurance and Estate Planning Strategies - Dane Streeter, for his 12 years of excellence with Perennial Financial Services!
Read MoreHow We Respond Matters
“Life is 10% what happens to you and 90% how you respond to it.” — Lou Holtz, Hall of Fame football coach As the battle against the COVID-19 pandemic continues, how we respond to it will determine how we beat it....
Read MoreA Unique Economic Situation
These are challenging times, and this week may be the toughest as we wait for COVID-19 to reach its peak in the United States. As the war against COVID-19 wages on, we continue to be inspired by the tremendous bravery shown by...
Read MoreWhen It Rains Gold, Reach for A Bucket
“Every decade or so, dark clouds will fill the economic skies, and they will briefly rain gold. When downpours of that sort occur, reach for a bucket.” —Warren Buffett The battle with COVID-19 rages on, and the...
Read MoreA Test of Our Resolve
The world continues its battle to contain the COVID-19 pandemic, which now has likely impacted, either directly or indirectly, nearly every person on Earth. This is far more than just a health crisis—this is a human crisis. Its...
Read MoreWe Are Here For You
Delivering the Support and the Financial Guidance You Need We know that these can be frightening times, but we want to assure you that one thing you don’t need to worry about is us supporting you through them. We are committed...
Read MoreManaging Volatility and Looking for Some Green Shoots
Fears over the spread of COVID-19 (coronavirus) have gripped the country and sent stocks in the US and around the world into bear markets. Thursday’s nearly 10% and Monday's nearly 12% declines in the S&P 500 Index were some of...
Read MoreUpdate on COVID-19 and Market Volatility
It’s been a tough week. The number of coronavirus cases have continued to increase globally, and new cases have been confirmed in the United States. Countries are making progress with containment, but those efforts also have...
Read MoreCelebrating 13 Years
Congratulations to our Managing Director of Retirement Planning - Brad B. Harris, AIF®, for his 13 years of excellence with Perennial Financial Services!
Read MoreOutlook 2020 - Bringing Markets Into Focus
Hindsight is 20/20, but finding clarity in future uncertainty can be fuzzy. AT LPL RESEARCH, as we look forward to the year 2020 and a new decade, some key trends and market signals will be important to watch, including progress on U.S...
Read MoreCelebrating 15 Years
July 2, 2004 was a Friday, under the sign of Cancer. The US president was George W. Bush. In that special week of July people in the US were listening to Burn by Usher. The Bourne Supremacy, directed by Paul Greengrass, was one of the...
Read MoreStreet View: Midyear Outlook 2019
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Read MoreTrade Tensions Causing Volatility
Trade tensions have interrupted an unusually calm year in U.S. stocks. In May, the S&P 500 Index fell from an April 30 record high as the United States and China failed to reach a trade deal and escalated tariff tensions. The United...
Read MoreFive Takeaways on October’s Rough Ride
October has been a rough month for equities, but then again it’s historically been one of the most volatile periods of the year. “October is known for volatility, and we’ve sure seen it so far,” explained Senior...
Read MoreVolatility Has Returned
The volatility that is often associated with the month of October has arrived with the market sell-off on Wednesday, October 10. Experiencing market declines and increased volatility can be unnerving for any investor, but if we can...
Read More2018 Outlook - Return of the Business Cycle
Where are we in the current economic cycle? Why may fiscal support and better business fundamentals be key themes in 2018? Hear from LPL Financial's Chief Investment Officer Burt White and Chief Investment Strategist John Lynch in LPL...
Read MoreMidyear Outlook 2016: A Vote of Confidence
At the midyear point of 2016, LPL Research proposes a vote of confidence: in the economy, the market, and most importantly, in our ability as investors to remain focused on our long-term goals. This is not always easy. We may be...
Read MoreThe Fed Finally Raises Rates
The events of today bring one word to mind: finally. Earlier today, the Federal Reserve (Fed) finally raised the target for the federal funds rate by 0.25%. By raising this key overnight borrowing rate, the Fed raised interest rates...
Read MoreUpdate on Recent Market Volatility
August brings with it the end of summer, but in recent years, bouts of stock market volatility have been common. It is quite normal for stock prices to decline at some point almost every year. In 30 of the 34 calendar...
Read MoreIs America Prepared to Retire?
Only 48% of Americans say they think they are saving enough. And 30% feel that they are not even slightly confident that they are saving enough for retirement. That finding comes from the 2015 Consumer Financial...
Read MoreThe New Gradual Retirement
Do we really want to retire at 65? Not according to the latest annual retirement survey from the Transamerica Center for Retirement Studies which gauges the outlook of American workers. It found that 51% of us plan to...
Read MoreIs It Time for Life Insurance?
Many younger Americans lack life insurance. A 2014 report from insurance industry analyst LIMRA found that only a third of Gen Y Americans have any life insurance coverage. In the same survey of 6,000 respondents, six in...
Read MoreAre You Underprepared for Retirement?
Financially speaking, how many Americans are truly on track to retire? A recently published white paper suggests that about half of us are approaching our “third acts” with faulty assumptions. Perception differs...
Read MoreTerm vs. Permanent Life Insurance
Thirty-nine percent of American households have no life insurance at all, according to LIMRA, which keeps close tabs on the life insurance industry.In the same survey, half of all American households...
Read MoreYour Emergency Fund: How Much Is Enough?
Have you ever had one of those months? The water heater stops heating, the dishwasher stops washing and your family ends up on a first-name basis with the nurse at urgent care. Then, as you’re driving to work,...
Read MoreMerging Your Money When You Marry
Getting married is exciting, but it brings many challenges. One such challenge that you and your spouse will have to face is how to merge your finances. Planning carefully and communicating clearly are important,...
Read MoreMaximizing the Value of Your Business During Difficult Economic Times
This year has continued to challenge many business owners as they wade through these challenging economic times. By looking beyond the current difficult environment many business owners can prosper by planning for the...
Read MoreAs Easy as a Game of Darts
We are over one decade into the twenty first century and what do we have to show for it? From an investment perspective: next to nothing. The perennial money makers -- stocks and real estate –...
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