Quarterly Newsletter

Investment Newsletter Third Quarter 2025

A New Chapter Begins in Early 2026 Beginning early 2026, we will officially become Focus Partners Wealth. This transition reflects our commitment to delivering a more powerful, client-centric experience—unlocking deeper expertise, broader capabilities, and enhanced resources—all while preserving the boutique feel and personalized attention you've come to value. As[...] Continue reading

Investment Newsletter First Quarter 2025

Tariffs Hit Hard After a positive start to the year, equity markets sold off aggressively in March. The S&P 500 Index ended the quarter with a 4.3% decline and briefly slipped into “correction” territory (defined as a 10% decline from the previous peak). The consumer discretionary and technology sectors were hit the hardest, with the Nasdaq Index down over 10%.[...] Continue reading

Investment Newsletter Fourth Quarter 2024

Another Solid Year in the Books This was another uneven quarter, with the S&P 500 Index higher by 2.4% while most other asset classes – large cap value, small and mid-cap, international equities, and bonds all posted flattish or negative returns. Consistent with full-year 2024 results, mega-cap technology stocks outperformed in the final quarter, propelling the[...] Continue reading

Investment Newsletter Third Quarter 2024

Broadening... Equity markets quickly recovered from an ~8% decline in early August to finish the quarter at a new all-time high. In sharp contrast to the previous quarter, Q3 performance results were well distributed across market sectors and capitalization ranges. The market capitalization weighted S&P 500 Index, which is heavily influenced by the concentration to[...] Continue reading

Investment Market Commentary for Q2 2024

The S&P 500 Index advanced by 4.3% in the second quarter. The market cap weighted S&P was well supported by the strong performance and high weightings of the mega-cap technology stocks as “AI” – Artificial Intelligence enthusiasm dominated the market narrative. However, in stark contrast to the previous two quarters, market breadth and participation[...] Continue reading