During periods of market volatility and declines, investors get concerned. They question their long-term objectives and whether they have more risk in their portfolios than they can tolerate. These are reasonable thoughts to have at times like these.

Last week, the S&P 500 was up 5.7%, the strongest week for the market since November 2023.

The markets are in the middle of a historic decline. Not so much in the magnitude—while we are approaching a bear market, these happen fairly regularly—but in the speed of the drop.

At the start of last week, the S&P 500 rallied three days in a row, with investors believing that the tariffs announced on Wednesday would be targeted.

The first quarter of 2025 took investors on a rollercoaster, driven by on-again, off-again tariff policy announcements.

Last week, I had the pleasure of presenting at a Commonwealth conference. I love spending time and sharing ideas with our advisors. They are the best in the business.

As of the end of trading on Thursday, March 13, the S&P 500 closed down 10 percent from its all-time high, marking an official correction. It was the first correction since October 2023—17 months ago.

As the consumer goes, so goes the U.S. economy. Consumers make up roughly 70 percent of U.S. GDP.

Like most incoming administrations, President Trump entered office with a desire to do things differently than his predecessor, and he is certainly doing that.

The blog touches on how the "Magnificent Seven" tech giants—Apple, Amazon, Alphabet, Meta, Microsoft, Nvidia, and Tesla—achieved a remarkable 21% earnings growth in Q3 2024, propelling the S&P 500 to a 5.9% overall increase.

From beginning to end, the 2024 election cycle will be looked back on as historic

People who are affiliated with the party that is represented in the White House always think the economy is better than those in the party not represented. Somehow, those opinions tend to change around elections. People’s views of the economy change very quickly if there is a change in control of the White House.

When we look at the Q3 earnings season, the Magnificent Seven have been driving much of the S&P 500’s growth since 2022. As these companies get larger and more mature, maintaining huge growth rates will become more difficult, especially considering the valuations they’re trading at.

September was a solid month for investors, capping off a strong quarter for markets. Falling interest rates helped support stock returns, with the S&P 500 and Dow Jones Industrial Average setting new record highs during the month. Even bonds were up, marking five straight months with positive fixed income performance.

After months if not years of investors asking when the Fed would cut rates, we finally got our answer.

While it seems fitting that rates are beginning to fall within days of the Autumnal Equinox, I doubt Fed officials were aiming for the play on words. So, what were they paying attention to as they made this most recent decision?

If you entered this NFL season as a Kansas City Chiefs fan, you’re probably hoping for a Super Bowl win after clinching three of the past five Super Bowls and having Patrick Mahomes as your quarterback and Taylor Swift backing the team.

Pullbacks are normal, but every time is scary. And every time we need to pay attention. But in the end, although there are real risks out there, right now everything is still fairly normal, in our view. We will be keeping an eye on things, but the best course of action remains simply this: keep calm and carry on.

There’s a lot to plan when starting your own firm, including how you’ll communicate with and carry over your clients. Download our checklist to learn how to focus on growing your new firm without sacrificing the client experience, ways to effectively communicate your new vision, and strategies that maximize client retention.

When a Cinderella story comes out of nowhere to win a championship, fans are ecstatic (just like I was watching Tom Brady win his first Super Bowl against the heavily favored Rams).

As the wealth landscape evolves, the number of high-net-worth individuals is on the rise. And that means financial advisors who can cater to their complex needs will be in high demand. Are you prepared to meet the challenge? Learn key strategies to help you become the go-to advisor for these discerning clients.

March was another positive month for markets, continuing the rally to start the year. Improving corporate fundamentals and a supportive economic backdrop drove solid single-digit returns for U.S. markets during the month.

My last blog was titled “A Start to Remember for the Markets”—and it’s a story that continues to play out as we move further into 2024. With March’s closing price, the S&P 500 is now up 10.16 percent on the year.

If you’re seeking greater flexibility, transparency, and even more ways to serve your clients, it’s time to start exploring the advantages of a being a fee-only advisor. Discover key insights to consider before embarking on this transition journey and explore the three distinct paths available for operating as an RIA.

More advisors and firms are moving to fee-centric affiliation models, dropping their FINRA registrations and focusing on providing investment advice for a fee. What is the driver behind this trend? Today, we’ll explore the models under which an advisor could move to a fee-based practice, the benefits, the changes from a product and compensation perspective, and the key considerations for those considering this move. The three main ways an advisor could move to a fee-based model are becoming an investment adviser representative of a corporate RIA (like Commonwealth), starting their own RIA, or joining an independent RIA. At the end of our conversation, I hope to illuminate the differences between those models and what you should focus on if you are considering a change in your affiliation model.

Every year or two, a new round of worries crops up. Some of them are real—the war in Ukraine, inflation, politics—but a surprising number are not. The challenge, of course, is telling which is which.

I love spending time outdoors—except when it’s 20 degrees outside. For me, winter in Boston is a time to focus on self-improvement, whether that’s working on fitness goals or taking a class, so I can enjoy the warm weather when it finally arrives.

Since the 1980s, we have celebrated and honored female trailblazers, who have shaped our history and advocated for change, during Women’s History Month.

Noble Prize winners and “Modern Portfolio Theory” pioneers Harry Markowitz and William Sharpe developed what we know today as the 60-40 portfolio. This strategy consisted of a hypothetical 60 percent allocation to equities and a 40 percent allocation to fixed income.

No two clients are alike, and neither are their estate planning needs. Download this list of questions that go beneath the surface, allowing you to understand your clients’ wishes for their wealth to secure their legacies.

In my last blog, I talked about how strong Januarys historically tend to lead to strong returns throughout the remainder of the year.

Are you eager to secure long-term growth for your practice? If so, consider adding a next-gen advisor to your team. It’s a strategic move that can open new doors to both client and revenue growth. Download this Q&A that explores why your approach matters, how next-gen advisors are breaking barriers, the important of firm culture, and where to source this talent.

Thus far, market momentum has carried over from 2023 into 2024. Things started slow, with the S&P 500 closing down more than 1.5 percent during the first week of the year.

Making New Year’s resolutions usually involves some level of reflection on how to be a better person and the possibilities ahead.

The road to M&A is fraught with questions. Whether you’re a solo advisor or part of a large enterprise firm, we’ll walk you through M&A planning best practices that will help you leverage inorganic growth in any stage of your business.

Markets rose last month, continuing November’s rally as interest rates pulled back even more on expectations of Fed rate cuts in 2024.

When we put together economic and market outlooks, we typically focus on the near term—the next month, the next quarter, or the next year.

Markets improved last month across the board as interest rates pulled back on signs of slowing growth. U.S. markets were up by high-single to low-double digits, while international markets were also up by high-single digits.

Ninety-one percent of HNW investors incorporate charitable giving as part of their overall wealth strategy. Understanding your clients’ charitable giving preferences can help you better anticipate their needs and help them achieve their goals.

You've worked hard to build your business, so transitioning it the right way is important. Whether you’ve already started planning or are just exploring your options, we’ll walk you through four must-have strategies and key questions to ask yourself during this process.

Breaking a mirror, walking under a ladder, and a black cat crossing your path have all been seen as bad omens.

There were two stories that mattered this week: interest rates and the jobs report for September. For the week as a whole, rate increases seem to have taken away from markets, as they tanked on an increase in the U.S. 10-year yield from about 4.6 percent to 4.8 percent.

Successful businesses know excellent service. Giving yourself time to truly get to know your clients’ needs and then setting your business up to optimize how you serve them is key to establishing long-term relationships. If you’re working at a wirehouse, this isn’t always possible. It’s time to find the right business structure—one that gives you the freedom to work with your clients your way.

August saw modest market pullbacks across the board, as investors were nervous about risk.

Connecting with your clients through personalized marketing can lead to stronger professional relationships. Not only will you attract the type of clients you want to serve, but you’ll also build trust with them as an advisor who truly understands their needs.

July was another good month for stocks across the board. The U.S. indices were up in the low single digits, while international markets also did well. Riskier investments like the Nasdaq and emerging markets did best.

Running a successful business means staying on top of day-to-day operations and of the evolving environment in which your business needs to operate as you grow. In our latest guide, we share seven risk factors every advisor should consider, with actionable tips to help you evaluate your firm’s potential liability.

What a year it has been for financial markets. There have been several negative factors in play, including a high-single-digit inflation print, the ongoing war in Ukraine, and several regional bank failures. Nonetheless, the S&P 500 finished the second quarter up 17 percent for the year. Go figure!

Throughout 2022, high levels of volatility across all major asset classes created a difficult environment.