PLANNING COMMENTARY
Our end of year practice always includes a revisit of key
assumptions used in client wealth planning.
We would like to provide a very brief summary of the assumption changes
we are implementing for 2012. Note that these
long-term assumptions are being used over a typical clients planning time
horizon and are illustrations of what we anticipate prospectively
versus simply a measure of what has happened in the past. READ MORE
INVESTMENT COMMENTARY
We entered 2011 with much hope and promise since the economy was
showing signs of continued improvement.
However, extreme volatility took over last year due to Japan’s Tsunami,
Libya and other middle-east unrest, a spike in oil prices, Europe’s debt crisis
resurfaced, fears of another recession lingered, Congress continued its
dysfunctional ways and then the U.S. credit rating was downgraded. Through all this unrest, our economy showed
tremendous resilience. Investors are
pleading for a smoother and much calmer market for 2012. Unfortunately, we’re not likely to have
that. Uncertainty continues so we’d
expect more volatility in the markets. READ MORE
