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.

• Built on a foundation of over 125 years combined experience in the financial planning industry.
• We are a TEAM! You can rely on the advisors and supporting team members to provide the best possible advice and service, with the goal of enabling you to achieve your financial goals and dreams with peace of mind.
• We are consistently ranked in various lists (Intra-company, Barron’s, Financial Times, Forbes) as top advisors in the industry*
• You have the right to a financial analysis, plan and outlook WITHOUT extra fees.
• *The CPAs on our team and the highly competent attorneys we work with will take a close look at your plans the first time at no additional cost to you. Together, we will create a synergistic plan for you.
• We have well-thought-out diversification, accumulation and distribution strategies to help you achieve the lifestyle goals you have in mind for yourself.
• We are here for YOU, we care about YOU and we have YOUR BEST INTEREST at heart. We operate with integrity, always.
  

* Securities America and its representatives do not provide tax advice.