Client Newsletters



Dear Clients,                                                                                                                                                                    May 2022

As we approach the midway point of 2022 (can you believe it?) we were hopeful this market correction would have passed. Unfortunately, the market is still grappling with many of the same issues it started the year with. The Fed will continue with its rate hikes, inflation is still far above average and the world is watching Russia and Ukraine.

We are not standing idle. Our team is taking additional measures to ensure your portfolio is best aligned with ever-changing market conditions. With the consultation of our trusted economists and money managers, we have reallocated portfolios to more stable, profitable companies. Businesses with strong balance sheets and cash on hand should be able to withstand economic headwinds and continue to grow. Believe it or not, there are publicly traded companies on the exchange who do not post a profit. These companies are typically early stage and have an excellent concept, but have a product or service that is months or years from being at a scale large enough to be profitable. There is a time and a place to invest in these types of companies. Now that interest rates are on the rise and the fight against inflation is well underway, we believe the opportunity to invest in these companies may have passed for the time being. The strong will survive.

These are understandably unsettling times, but the key here is patience. We have said all along this year is going to test investors' patience. We have your best interest at heart, and will continue to monitor the economic landscape as it evolves. Our team's foundation is based on open and honest communication, integrity, transparency and the utmost professionalism.  If you have any questions or concerns, or would like to meet in person, please give us a call.


The Riverfront Wealth Management Group
Advisors with DA Davidson & Co.
Kyle, Brett, Marissa, and Jean