2022 Newsletter

Happy New Year! As we welcome in 2022, we want to thank you for your business and friendship during this year. Our team has much to be grateful for, and you are at the top of that list!


Last year, we navigated another year of COVID and it’s economic, social, and financial impact on our clients’ investments. We added a new team member to our group to better serve you, completed office improvements, further developed investment strategies, and celebrated Alex’s wedding!


While the economy continues to move forward, we are still feeling the effects of COVID. You can’t shut down a $20 trillion economy and expect it to get going again without warming up first. Supply chain backlogs, materials and labor shortages, and higher prices all held the economy back to varying degrees. The good news is, demand is still very strong, and as the backlogs unwind (which could take years in some cases), we expect above-trend economic growth.


In 2021, Inflation rose to 7%. Many economists predict these pressures will steadily settle back to pre-pandemic levels though it will likely be a gradual process. Treasury yields increased to approximately 1.6% and are continuing rise. We saw the S&P close 26.61% higher and expect the market to remain strong in the new year.[1] We believe we are currently approaching—or are already in—the middle of an economic cycle with at least a few more years left. Historically, if this holds true, then we believe the chances of another good year for stocks are quite high, which is an important added factor for our positive outlook for stocks in 2022.


While the economy pushes forward with the reopening of businesses, schools, and other social gatherings, the new year will certainly bring new challenges and opportunities. Be sure to subscribe to our weekly commentaries and join our economic conversations to stay up to date on the latest economic trends.


You will notice we made improvements in our office to better accommodate you when you arrive. We added to RFG Nastia Shilman, our newest team member and administrative services professional. Prior to joining our team, Nastia worked in banking with experience in the hospitality industry as well. Join us in welcoming Nastia to our team!


In 2021, we implemented several new processes and technologies to enhance how we manage portfolios for our clients. We believe that by leveraging the resources available through outside money managers to create our custom models, our clients can be better served.


2021 wasn’t all business… during the fall we celebrated Alex’s wedding! She and her husband Shale wed on November 12th at a beautiful outdoor ceremony and reception.  Join us in congratulating Alex! Look for her new surname on emails and correspondence.


We have been working diligently to provide greater and easier access to all your accounts electronically and will continue to do so this year. LPL has enhanced the AccountView platform where everything you need can be found in one place. AccountView lends access to statements, tax documents, holdings, and other valuable information. We are constantly looking at new tools and resources to bring you technologies and services that make your life easier!  If you are not already using this helpful tool, please contact us so we can assist you to enroll.


We thank you for the opportunity to serve you and your families and look forward to this year ahead.


Cheers to 2022, may you be happy, healthy, and successful!


[1] LPL Research

The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly.