Beyond the Benchmark: Market Commentary

ALDRICH WEALTH SHARES A LOOK AT THE MARKET

Although presidential elections historically don’t have a significant impact on financial markets, this year was quite different.

Investors remained on the sidelines for the five weeks leading up to the election and both stock and bond returns were negative as reluctant buyers awaited the election’s outcome. After a surprising victory, investors reevaluated the economic outlook and areas of the market expected to benefit from a Trump presidency performed well while others lagged behind.

Watch the full market commentary below featuring Nicole Rice interviewing Chief Investment Officer, Darin Richards.

MEET DARIN

Darin joined the firm in 2004, bringing more than 13 years of investment and financial consulting experience with him. As Chief Investment Officer he is responsible for developing, and implementing our investment philosophy and leading the Aldrich Wealth Investment Committee. He works directly with some of our most complex and largest clients and also co-manages the Private Wealth (investments, tax planning, and financial planning) team.

Connect with Darin here.

Aldrich Wealth, LP, (“Aldrich Wealth”) is an investment advisor registered with the U.S. Securities and Exchange Commission. Aldrich Wealth Advisors provides wealth management services where it is appropriately registered or exempt from registration and only after clients have entered into an Investment Advisory Agreement confirming the terms of the client relationship, and have been provided a copy of Aldrich Wealth ADV Part 2A brochure document. The information contained in this document is provided for informational purposes only, is not complete, and does not contain material information about making investments in securities including important disclosures and risk factors. Under no circumstances does the information in this document represent a recommendation to buy or sell stocks, bonds, mutual funds, exchange traded funds (ETF’s), other securities or investment products.

The technical information in this newsletter is necessarily brief. No final conclusion on these topics should be drawn without further review and consultation. Please be advised that, based on current IRS rules and standards, the information contained herein is not intended to be used, nor can it be used, for the avoidance of any tax penalty assessed by the IRS.