With the Spread of COVID-19, We Are Here to Help

The coronavirus pandemic is on everyone’s mind and is impacting all of us to the degree never thought possible. The markets are extremely volatile, and we are all concerned about the health and safety of our clients, families, friends, and colleagues.

Please know that we are taking the necessary measures to safeguard our firm and the community we live in. We are all healthy, but starting today, I have asked our team to work remotely. Fortunately, we have prepared for an event like this. We have made significant investments in technology that allow us to work anywhere and still provide the same level of care and advice you have come to expect from us without compromise.

While the spread of the coronavirus has had a significant impact on market volatility, markets are designed to handle bad news. Prices quickly incorporate new information and reflect expectations about a company’s future risks and opportunities, including the potential impact of a viral outbreak. Our approach is to maintain diversified portfolios that exhibit specific characteristics and then hold those portfolios for the long term. We adhere to that approach in all market environments.

There is no downplaying the sharp market declines and increased volatility we’ve experienced, or the investor anxiety that understandably comes with it. Our investment philosophy has weathered a wide range of market conditions, and we are confident that our approach will guide us through the current challenges as well.

Still, these are frightening times, and I want you to know that we are here for you. We have spoken to many of you, but please, if you are feeling anxious or nervous, do not hesitate to call me, Tyler, or Will. Sometimes it just helps to walk through different scenarios with a caring friend that has only your best interest in mind.

We have also heard that some of you are being asked by friends or family members what they should do to safeguard their own finances. Seeking the advice of a financial professional could help them put the market declines into perspective, and we are happy to provide actionable steps to protect their present and future well-being.

If you have a friend or family member who is anxious about their financial situation, we invite you to have them schedule a call or virtual meeting with us.

Lastly, read the most recent Week in Review in which we discuss the extraordinary measures the Fed has taken this past week and what we might learn about previous epidemics.

Stay safe as we navigate through the coming weeks. And rest assured that we’re here to support you every step of the way during this period of uncertainty.