We are pleased to announce that Shelby McGuire has joined our talented team of professionals as a Wealth Management Advisor. “We are very excited to have Shelby on the team,” said Jeff Wambolt, Chief Operations Officer. “Shelby’s genuinely engaging approach creates a rewarding experience for her clients and colleagues.”
Our business model at Wambolt is built around understanding what you want to do with more than your money; it’s about what you want to do with your life, family, business and passions. It’s up to us to help you define your values, vision and goals so that (together) we can map out a financial plan to get you there.
Looking back, Q3 was a strong quarter for U.S. stocks. The strong fundamentals of our economy were seen in all three indices during the third quarter, and the equity markets performed well despite concerns over escalating international trade tensions.
You would never build a house without a blueprint, right? The same process goes for building a financial plan. Curious how it works and how we make it easy?
Lindsey brings her distinct client-advocacy perspective to Wambolt, where she’ll execute outreach strategies to engage our clients in activities that build and secure wealth.
In June, the Federal Reserve raised its target rate a quarter of a percentage point, the second hike in the federal funds rate this year. Here’s a quick rundown of some additional factors that generally affected the economy in June.
New summer interns are now at work at Wambolt & Associates! Being an intern at Wambolt is a two-way learning experience, beneficial to both the intern and the firm. Clients can expect some fresh talent and a new perspective in various areas of the firm, particularly technology.
It’s common for a client to compare their portfolio return to what they see on the news. Last year when the S&P 500 had a banner year, closing out 2017 up 19.5%, a client’s portfolio may have closed out the year with gains of only 11%. Similarly, the markets fell 10% the first quarter of 2018 and the same client’s portfolio may have only fallen by 1%.
The year 2018 started strong with a tax reform boost on January 1. Since then, the market and economic news has become decidedly more worrisome. To many, it looks like too many pieces are pushing and pulling the economy in different directions, and the result is fear.