We work with a broad range of clients to provide comprehensive financial planning, while bringing cooperation, synergy and integrity to every client relationship.
We hope this receives you well. We feel it’s important to communicate how things are going at the Syntegra office. Everyone continues to work hard and support the advice and service ethic you deserve from us. Looking back a little, we entered 2022 cautiously optimistic. As things developed around the world including a February invasion of Ukraine and a hawkish Federal Reserve Bank stance on rising rates, we got even more cautious with portfolio allocations. Reducing risk was an objective throughout 2022 and with recession risks remaining in the global economies, we remain a bit cautious as 2023 gets underway. Given some of the recent news about Silicon Valley Bank and Signature Bank we are taking extra precautions in the bond part of the portfolio. However, we are still finding opportunities. This week we made some allocation changes to lower P/E asset classes (buying low) or hedged (less volatility) international positions. You will see those trade confirmations come across your mail or email.
Some other good news is that with rising rates, money market rates are higher. We haven’t seen that since 2008. Higher yields help us meet income objectives for clients and provide some consistency in returns. We remain diligent in our efforts to help you achieve your near term and long term investment objectives. If you have cash on the sidelines and want to earn a higher yield, including tax free yield, and do not want volatility with that extra cash, give us a call and we can share current rates.
As for a few housekeeping items, one is that you will receive an email from us sharing the Syntegra Annual ADV disclosure changes. This is brief and will be sent in April. Another housekeeping item is to remind you to establish a login at advisorclient.com where you can change your delivery preferences to electronic for all those trade confirmations, statements if you like and/or prospectuses. If you want to reduce the mail from TD Ameritrade, this is the only way to do that. Call us, we will help you.
Finally, you may notice on our email footers in the near future that Syntegra is expanding West. A small firm of three advisors will be joining Syntegra from Denver. The objective of the senior advisors is to retire while providing continuity for their clients. Syntegra has a fantastic support team of staff and advisors that will enable these advisors to retire, knowing their clients are in good hands. Many of you came from advisors who retired and handed the responsibilities of advice and care to us. You know first hand, how important it is to find quality advice and service. We welcome those advisors and look forward to them joining the Syntegra team.
As always, feel free to call or email with any questions, comments or concerns. We are here to help you.
Please join the Syntegra team in congratulating our founding partners, Tom Burke & Jeff Fiehler, on being named to the Forbes Best-In-State Wealth Advisors ranking for 2022!!
"The talent of success is nothing more than doing what you can do well; and doing well whatever you do..." Henry Wadsworth Longfellow This quote sums up the careers of both Tom and Jeff. Our team is so proud to have you as our leaders, and we couldn't be happier for you.
Congratulations on your well-deserved success!
Each advisor—selected by SHOOK Research—is chosen based on an algorithm of qualitative and quantitative criteria, including in-person interviews, compliance records, revenue produced and more.
* Securities America and its representatives do not provide tax advice.