March 31 Investment Update
After hitting an all-time high on February 19th, the S&P 500 index fell 35% to 2,191 on March 23rd and then bounced back almost 20% as of yesterday’s close.
March 24 Market Volatility Update
Like most of us, you are probably adjusting to the “new normal” daily life of home schooling, social distancing, virtual meetings and curb side deliveries.
After working remotely for the last week, what has not changed at Sendero are the internal conversations and encouragements between employees, while not losing sight of the human element in relationships. In some ways, we have increased our intentional communication, making sure we help each other and continue to watch over your portfolios.
Read MoreWebinar (RECORDED) from Sendero Wealth Management
On March 19th, the investment team from Sendero Wealth Management shared their thinking on the current market environment with clients and community. Hosted by Amaury Conti, Vice President Research & Strategy and John Rowsell, Partner/Chief Strategist.
Market Environment Checklist
As a former trader, I learned that market tops are generally characterized by an event and market bottoms are a process. That process can take weeks or even months.
The velocity and the associated volatility of this bear market can drive an investor to make a poor decision that could potentially impact their portfolio, and ultimately their ability to meet their long-term financial goals.
Read MoreIMPORTANT MESSAGE and UPDATE from Sendero Wealth Management and COVID-19
As all of our thoughts are on the COVID-19 situation, we wanted to share an update on how Sendero Wealth Management is responding. The safety and health of our dedicated employees and clients, is always of the utmost importance to us. At Sendero, we are people first, with the foundation of our core values of Trust, Honor, Respect, Service and Family.
In an effort to protect our community, we have decided to close our office effective immediately to outside visitors and clients, with the majority of our staff moving to remote work arrangements until March 31, 2020. We have initiated our Business Continuity Plan to insure that for you, our “business as usual” continues.
Read MoreMarch 16 Investment Update
At a time when market volatility and emotions are high, we want to offer some facts about your portfolios and the market.
Read MoreMarket Update: Highlighting the power of communication and common sense in investing
With the rapid spread of the COVID-19 affecting all aspects of our lives, we highlight the power of communication and common sense in investing. Please visit our website and your client portal for recent communications and further updates.