We are loaded with information these days.  Between the news, social media, email (and even our beloved friends and family!), everyone has an opinion or advice they want to share. The blur of information can be overwhelming, but Fidelis Wealth Advisors are committed to helping you sort through all the information.

That commitment is why, each week, we spend time researching trends in the market and how each index is performing. Rob Richardson, CFA®, who is Fidelis Wealth Advisor’s Financial Investment Analyst, is highly qualified to do that research. He writes a Weekly/Monthly/Quarterly Market Snapshot based on that research, which is posted every Monday on our Blog.

Who is Rob?

Rob Richardson, CFA® has extensive knowledge and training as a financial analyst. Rob is a Chartered Financial Analyst®, which is a globally respected, graduate-level investment credential awarded by the CFA Institute. Passing the three CFA exams is a difficult feat that requires extensive study. Earning the CFA® charter demonstrates mastery of many of the advanced skills needed for investment analysis and decision making in today’s quickly evolving global financial industry. Rob is also a graduate of Lockheed Martin’s Finance Leadership Development Program, which is an intensive, yearlong program that includes real-world projects that directly affect businesses.  He also received a Master of Business Administration from the University of Denver in 2012.

His professional experience is extensive, having more recently covered hedge funds for Intermountain Healthcare’s Pension and Corporate Investment portfolios.  Prior to that he worked as a Research Analyst for The Broe Group, researching private equity and venture capital opportunities, and Stifel Financial as an Equity Research Associate covering Applied Technology stocks.

Rob’s considerable experience is a valuable addition to the Fidelis Wealth Advisors Investment Committee, which meets weekly to discuss trends in markets and strategically plan investments for you, our client.

Rob’s experience is why we are so excited to tell you about our Weekly Market Snapshots. They are quick and informative reads that sift through all the information that can be overwhelming and gives you the most important facts to focus on. Make sure and check them out each Monday on our website,(check out our latest post!) or you can sign up HERE to get notified each time a Snapshot, or a market update, is posted.

Please note by using any of the links provided for your convenience, you will be leaving Fidelis Wealth Advisors website. The hyperlinks are to websites and servers maintained by third parties. We do not control, evaluate, endorse, or guarantee content found in those sites. Your use of such sites is at your own risk. This blog is general communication being provided for informational purposes only.  This information is in no way a solicitation or offer to sell securities or investment advisory services.  It is educational in nature and not to be taken as advice or a recommendation for any specific investment product or investment strategy.  This does not contain sufficient information to support an investment decision.  Any investment or investment strategy mentioned may not be suitable for all investors or in their best interest. Statistical information, quotes, charts, references to articles or any other quoted statement or statements regarding market or other financial information is obtained from sources which we believe reliable, but we do not warrant or guarantee the timeliness or accuracy of this information. All rights are reserved.  No part of this blog including text, graphics, et al, may be reproduced or copied in any format, electronic, print, et al, without written consent from Fidelis Wealth Advisors, LLC. Fidelis Wealth Advisors does not provide legal or tax advice.  Please be advised to consult with your investment advisor, attorney or tax professional before making any investment decisions.

by Rob Richardson, CFA® – Rob works for Fidelis Wealth Advisors, LLC in institutional asset management and research. Most recently he covered hedge funds for Intermountain Healthcare’s Pension and Corporate Investment portfolios.  Prior to that he worked as a Research Analyst for The Broe Group, researching private equity and venture capital opportunities, and Stifel Financial as an Equity Research Associate covering Applied Technology stocks. Rob is also a CFA Charterholder and a graduate of Lockheed Martin’s Finance Leadership Development Program.

• Emerging market equities rebounded and the S&P 500 hit a record high during the week. ¹
  – Currently the longest Bull Market on record
• 10-Year treasuries closed at 2.81% on August 24th, a 3-month low. ²
• U.S. and Mexico reach a preliminary trade deal. ³
• Tesla calls off plans to take the company private. ⁴

SOURCES

Please note by using any of the links provided for your convenience, you will be leaving Fidelis Wealth Advisors website. The hyperlinks are to websites and servers maintained by third parties. We do not control, evaluate, endorse, or guarantee content found in those sites. Your use of such sites is at your own risk.

This blog is general communication being provided for informational purposes only.  This information is in no way a solicitation or offer to sell securities or investment advisory services.  It is educational in nature and not to be taken as advice or a recommendation for any specific investment product or investment strategy.  This does not contain sufficient information to support an investment decision.  Any investment or investment strategy mentioned may not be suitable for all investors or in their best interest.   Statistical information, quotes, charts, references to articles or any other quoted statement or statements regarding market or other financial information is obtained from sources which we believe reliable, but we do not warrant or guarantee the timeliness or accuracy of this information. All rights are reserved.  No part of this blog including text, graphics, et al, may be reproduced or copied in any format, electronic, print, et al, without written consent from Fidelis Wealth Advisors, LLC. Fidelis Wealth Advisors does not provide legal or tax advice.  Please be advised to consult with your investment advisor, attorney or tax professional before making any investment decisions.

Thursday, August 23rd 2018 Fidelis Wealth Invites you to an open house event

Meet the team, enjoy great food, and fun giveaways!

Fidelis Wealth Advisors, LLC dba Fidelis Wealth Advisors is a registered investment advisor in the State of Colorado and certain other states

by Rob Richardson, CFA® – Rob works for Fidelis Wealth Advisors, LLC in institutional asset management and research. Most recently he covered hedge funds for Intermountain Healthcare’s Pension and Corporate Investment portfolios.  Prior to that he worked as a Research Analyst for The Broe Group, researching private equity and venture capital opportunities, and Stifel Financial as an Equity Research Associate covering Applied Technology stocks. Rob is also a CFA Charterholder and a graduate of Lockheed Martin’s Finance Leadership Development Program.

• Emerging market equities were hit hard last week impacting broader international equity indices while U.S. equities in the market continued their hot streak.
• Retail Sales improved 0.5% month to month (m/m).¹
• Currency crisis in Turkey is partially a result of economic growth fueled by debt.²
• Tesla CEO tweets plan to take the company private – can it happen?³

SOURCES

Please note by using any of the links provided for your convenience, you will be leaving Fidelis Wealth Advisors website. The hyperlinks are to websites and servers maintained by third parties. We do not control, evaluate, endorse, or guarantee content found in those sites. Your use of such sites is at your own risk.

This blog is general communication being provided for informational purposes only.  This information is in no way a solicitation or offer to sell securities or investment advisory services.  It is educational in nature and not to be taken as advice or a recommendation for any specific investment product or investment strategy.  This does not contain sufficient information to support an investment decision.  Any investment or investment strategy mentioned may not be suitable for all investors or in their best interest.   Statistical information, quotes, charts, references to articles or any other quoted statement or statements regarding market or other financial information is obtained from sources which we believe reliable, but we do not warrant or guarantee the timeliness or accuracy of this information. All rights are reserved.  No part of this blog including text, graphics, et al, may be reproduced or copied in any format, electronic, print, et al, without written consent from Fidelis Wealth Advisors, LLC. Fidelis Wealth Advisors does not provide legal or tax advice.  Please be advised to consult with your investment advisor, attorney or tax professional before making any investment decisions.

by Rob Richardson, CFA® – Rob works for Fidelis Wealth Advisors, LLC in institutional asset management and research. Most recently he covered hedge funds for Intermountain Healthcare’s Pension and Corporate Investment portfolios.  Prior to that he worked as a Research Analyst for The Broe Group, researching private equity and venture capital opportunities, and Stifel Financial as an Equity Research Associate covering Applied Technology stocks. Rob is also a CFA Charterholder and a graduate of Lockheed Martin’s Finance Leadership Development Program.

• The Standards & Poor 500 (S&P 500) continued a streak of weekly gains, bringing the index up 7.4% Year to Date. (YTD)
• Unemployment dipped back below 4.0% to 3.9% in July. ¹
• Apple became the first company with a $1 Trillion market capitalization. ²
• The Bank of England raised interest rates for only the second time since the Financial Crisis. ³

SOURCES

Please note by using any of the links provided for your convenience, you will be leaving Fidelis Wealth Advisors website. The hyperlinks are to websites and servers maintained by third parties. We do not control, evaluate, endorse, or guarantee content found in those sites. Your use of such sites is at your own risk.

This blog is general communication being provided for informational purposes only.  This information is in no way a solicitation or offer to sell securities or investment advisory services.  It is educational in nature and not to be taken as advice or a recommendation for any specific investment product or investment strategy.  This does not contain sufficient information to support an investment decision.  Any investment or investment strategy mentioned may not be suitable for all investors or in their best interest.   Statistical information, quotes, charts, references to articles or any other quoted statement or statements regarding market or other financial information is obtained from sources which we believe reliable, but we do not warrant or guarantee the timeliness or accuracy of this information. All rights are reserved.  No part of this blog including text, graphics, et al, may be reproduced or copied in any format, electronic, print, et al, without written consent from Fidelis Wealth Advisors, LLC. Fidelis Wealth Advisors does not provide legal or tax advice.  Please be advised to consult with your investment advisor, attorney or tax professional before making any investment decisions.

What does it mean when we say we are a “fiduciary?”

Learn more about why it is important to find a fiduciary to manage your assets.

You may have heard the term “Fiduciary” in the news recently. It’s a term that has gained popularity as the regulatory environment continues to shift and evolve. But what is a fiduciary, and why might someone choose to work with an advisor who holds themselves to this standard? A fiduciary refers to a person or organization that is held to a higher standard of conduct and trust. It means that as financial advisors we are ethically bound to act in your best interest, essentially put your interests above our own. While the term has become more widespread lately, the concept is nothing new.

Regardless of any regulatory body we always work to represent you to insure that the financial advice we provide is objective and unbiased, and that your unique needs are always our primary focus. It starts at the very beginning when we work together to complete your financial profile. We work with you to understand your personal and financial goals, explore what-if scenarios, and plan for the future. By working together in this way we can provide you a more thorough and informed financial strategy and views, and as life changes we will be there with you to insure your plans are still on track. Being a fiduciary is about loyalty, honesty, trust. These are the standards we hold ourselves to, and we always will. Knowing your advisor’s practice industry standard ethics can go a long way. Fidelis Wealth invites you to learn more about how industry ethics, responsibility, and standards can affect your financial future. Click below to visit our contact information and setup an initial consultation. 

Ready to Invest
in a Relationship?

Let’s Talk. 

by Rob Richardson, CFA® works for Fidelis Wealth Advisors, LLC in institutional asset management and research.  Most recently he covered hedge funds for Intermountain Healthcare’s Pension and Corporate Investment portfolios.  Prior to that he worked as a Research Analyst for The Broe Group, researching private equity and venture capital opportunities, and Stifel Financial as an Equity Research Associate covering Applied Technology stocks. Rob is also a CFA Charterholder and a graduate of Lockheed Martin’s Finance Leadership Development Program.

• Strong performance in International Equities last week cut the Year to Date loss by more than half.
• The NASDAQ declined 1.1% last week partially due to a steep drop in Facebook shares after missing 2nd Quarter 2018 analyst estimates.
• Second quarter Gross Domestic Product (GDP) growth of 4.1% is the highest 2nd Quarter result since June 2014.^¹
• An increase in Japanese Government bond rate drove global rates higher.^²

SOURCES

Please note by using any of the links provided for your convenience, you will be leaving Fidelis Wealth Advisors website. The hyperlinks are to websites and servers maintained by third parties. We do not control, evaluate, endorse, or guarantee content found in those sites. Your use of such sites is at your own risk.

This blog is general communication being provided for informational purposes only.  This information is in no way a solicitation or offer to sell securities or investment advisory services.  It is educational in nature and not to be taken as advice or a recommendation for any specific investment product or investment strategy.  This does not contain sufficient information to support an investment decision.  Any investment or investment strategy mentioned may not be suitable for all investors or in their best interest.   Statistical information, quotes, charts, references to articles or any other quoted statement or statements regarding market or other financial information is obtained from sources which we believe reliable, but we do not warrant or guarantee the timeliness or accuracy of this information. All rights are reserved.  No part of this blog including text, graphics, et al, may be reproduced or copied in any format, electronic, print, et al, without written consent from Fidelis Wealth Advisors, LLC.   Fidelis Wealth Advisors does not provide legal or tax advice.  Please be advised to consult with your investment advisor, attorney or tax professional before making any investment decisions.

by Rob Richardson, CFA®

• 17% of Standards and Poors 500 Index (S&P 500) companies have reported 2nd Quarter 2018 results to the market.
  – 84% have reported earnings higher than expected.¹
• Second quarter Gross National Product (GDP) first estimates will be released on July 27th, forecasts are calling for roughly 4% growth.²
• Foreign investors have been purchasing less U.S. treasuries in July than in previous months.³
• United States and European Union announce trade deal.⁴

SOURCES

Please note by using any of the links provided for your convenience, you will be leaving Fidelis Wealth Advisors website. The hyperlinks are to websites and servers maintained by third parties. We do not control, evaluate, endorse, or guarantee content found in those sites. Your use of such sites is at your own risk.

Rob Richardson, CFA® works for Fidelis Wealth Advisors, LLC in institutional asset management and research.  Most recently he covered hedge funds for Intermountain Healthcare’s Pension and Corporate Investment portfolios.  Prior to that he worked as a Research Analyst for The Broe Group, researching private equity and venture capital opportunities, and Stifel Financial as an Equity Research Associate covering Applied Technology stocks. Rob is also a CFA Charterholder and a graduate of Lockheed Martin’s Finance Leadership Development Program.

This blog is general communication being provided for informational purposes only.  This information is in no way a solicitation or offer to sell securities or investment advisory services.  It is educational in nature and not to be taken as advice or a recommendation for any specific investment product or investment strategy.  This does not contain sufficient information to support an investment decision.  Any investment or investment strategy mentioned may not be suitable for all investors or in their best interest.   Statistical information, quotes, charts, references to articles or any other quoted statement or statements regarding market or other financial information is obtained from sources which we believe reliable, but we do not warrant or guarantee the timeliness or accuracy of this information. All rights are reserved.  No part of this blog including text, graphics, et al, may be reproduced or copied in any format, electronic, print, et al, without written consent from Fidelis Wealth Advisors, LLC.   Fidelis Wealth Advisors does not provide legal or tax advice.  Please be advised to consult with your investment advisor, attorney or tax professional before making any investment decisions.

by Rob Richardson, CFA®

• Solid week for U.S. Equities – Led by Tech (+2.2%) and Industrials (+2.1%).
• Consumer Price Index (CPI) +2.9% Year to Year (Y/Y), Core CPI 2.3% Y/Y – Both met expectations. ¹
• International Monetary Fund (IMF) kept its global economic forecast unchanged, expecting 3.9% global growth in 2018. ²
  – BUT, growth may be peaking in Euro Area and Japan
• Trump/Putin Summit likely to dominate the news cycle early this week – and influence market.

SOURCES

Please note by using any of the links provided for your convenience, you will be leaving Fidelis Wealth Advisors website. The hyperlinks are to websites and servers maintained by third parties. We do not control, evaluate, endorse, or guarantee content found in those sites. Your use of such sites is at your own risk.

Rob Richardson, CFA® works for Fidelis Wealth Advisors, LLC in institutional asset management and research.  Most recently he covered hedge funds for Intermountain Healthcare’s Pension and Corporate Investment portfolios.  Prior to that he worked as a Research Analyst for The Broe Group, researching private equity and venture capital opportunities, and Stifel Financial as an Equity Research Associate covering Applied Technology stocks. Rob is also a CFA Charterholder and a graduate of Lockheed Martin’s Finance Leadership Development Program.

This blog is general communication being provided for informational purposes only.  This information is in no way a solicitation or offer to sell securities or investment advisory services.  It is educational in nature and not to be taken as advice or a recommendation for any specific investment product or investment strategy.  This does not contain sufficient information to support an investment decision.  Any investment or investment strategy mentioned may not be suitable for all investors or in their best interest.   Statistical information, quotes, charts, references to articles or any other quoted statement or statements regarding market or other financial information is obtained from sources which we believe reliable, but we do not warrant or guarantee the timeliness or accuracy of this information. All rights are reserved.  No part of this blog including text, graphics, et al, may be reproduced or copied in any format, electronic, print, et al, without written consent from Fidelis Wealth Advisors, LLC.   Fidelis Wealth Advisors does not provide legal or tax advice.  Please be advised to consult with your investment advisor, attorney or tax professional before making any investment decisions.

by Rob Richardson,CFA®

• After a sluggish start to the year, Real Estate is up over 10.5% the past 13 weeks.
  -Financials & Industrials are the laggards
• European stocks rallied last week despite Brexit uncertainty, possibly buoyed by political shakeup in the U.K. ¹
• Unemployment creeped up to 4.0% – due to 600,000 more workers joining the work force. ²
• Earnings season kicks off this week, drawing attention away from trade talk, along with June U.S. inflation data coming Thursday. ³

SOURCES

Please note by using any of the links provided for your convenience, you will be leaving Fidelis Wealth Advisors website. The hyperlinks are to websites and servers maintained by third parties. We do not control, evaluate, endorse, or guarantee content found in those sites. Your use of such sites is at your own risk.

Rob Richardson, CFA® works for Fidelis Wealth Advisors, LLC in institutional asset management and research.  Most recently he covered hedge funds for Intermountain Healthcare’s Pension and Corporate Investment portfolios.  Prior to that he worked as a Research Analyst for The Broe Group, researching private equity and venture capital opportunities, and Stifel Financial as an Equity Research Associate covering Applied Technology stocks. Rob is also a CFA Charterholder and a graduate of Lockheed Martin’s Finance Leadership Development Program.

This blog is general communication being provided for informational purposes only.  This information is in no way a solicitation or offer to sell securities or investment advisory services.  It is educational in nature and not to be taken as advice or a recommendation for any specific investment product or investment strategy.  This does not contain sufficient information to support an investment decision.  Any investment or investment strategy mentioned may not be suitable for all investors or in their best interest.   Statistical information, quotes, charts, references to articles or any other quoted statement or statements regarding market or other financial information is obtained from sources which we believe reliable, but we do not warrant or guarantee the timeliness or accuracy of this information. All rights are reserved.  No part of this blog including text, graphics, et al, may be reproduced or copied in any format, electronic, print, et al, without written consent from Fidelis Wealth Advisors, LLC.   Fidelis Wealth Advisors does not provide legal or tax advice.  Please be advised to consult with your investment advisor, attorney or tax professional before making any investment decisions.