Navigating a Sea of Emotions

Navigating a Sea of Emotions

We’re in San Diego this week for the Schwab IMPACT conference. There are 5,000 advisors and other financial services industry professionals here at the San Diego Convention Center. This is one of the most impressive conferences we’ve attended in our 30+ year careers....
It was 90 Years Ago Today…

It was 90 Years Ago Today…

Very few among us remember what happened on this day in 1929. It was “Black Tuesday”, and the stock market dropped by 12% that day. The stock market’s slide had begun a few days earlier on October 24, but it accelerated until the “crash” on the 29th. The stock market...
Zero Commissions

Zero Commissions

Over the past few weeks, the largest custodians in the country announced that they’re reducing the commissions they charge for the trading of stocks and ETFs to zero. Charles, Schwab, Springwater’s custodian and the nation’s largest, got things started on October 1,...
Misaligned Values

Misaligned Values

From time to time, prospective clients reach out to us because they’ve grown dissatisfied with their current investment advisor or money manager. This can be because they don’t agree with the advisor’s investment management approach (more on this below), the manager...

When Clients Walk

We occasionally part ways with clients, and the reasons for doing so vary. Some move away and prefer to find a new advisor closer to where they live. Some pass away. Some realize after some time that we’re not a “good fit” for them. While we never like to lose...