The best returns are more than financial


Value statement

We provide comprehensive wealth management planning for high net-worth clients, serving individuals, trusts, and small businesses. We take an objective approach to portfolio management, tailoring each plan to meet our clients’ specific investment goals while enhancing and protecting wealth. We are committed to providing the highest standard of service and will work alongside CPAs and estate attorneys to be certain our clients’ best interests are being met.

Investment philosophy

We employ asset allocation to select stocks, fixed-income, and managed money to help achieve our client’s financial goals. Specific needs and risk tolerance are important to us; they are carefully weighed in relation to the overall market environment and the behavior of individual investments.

This Month In Market History

We are here to help you look forward and build your future.  In doing so, it's also important to know how we got to where we are today. Below you will find some interesting information that has shaped the landscape of the stock market over the years.  

  1. September 3, 1929 - The Dow Jones Industrial Average reaches a peak of 381.17 as the public becomes obsessed with the stock market.  Over the next 2 months, the stock market would experience 2 of its worst days ever and the nation would be plunged into the Great Depression.  The Dow would not close above 381.17 again until November 23, 1954 - a span of 25 years.
  2. September 26, 1955 - Dow Jones Industrial Average drops 6.54%, or 31.89 points on the news of President Eisenhower's heart attack over the weekend.  At the time, it was the 2nd largest single day point drop in history.
  3. September 30, 1981 - 10 Year U.S. Treasury hits all time high yield of 15.84%.  The Federal Funds Rate sits at 17%, CPI inflation was around 11%, and surprisingly the yield curve was pretty flat with 6 month bills yielding on 0.5% less than 30 year bonds.  Money market funds yielded over 17%.

Proud to Be a National Award-Winning Advisor

At The Carmichael Group we are very proud that financial advisor, Robert Carmichael, is a recipient of the following prestigious awards:

  • 2018 Forbes/SHOOK State-by-State Top Wealth Advisors
  • 2019 Forbes/SHOOK Best-In-State Wealth Advisor

It’s an honor to have a teammate nationally recognized as one of the best in the industry—because it means we are serving our clients well. Congratulations, Robert!

 

A new phase

The activation of two of our key recessionary tripwires portends a new phase for equities—and investment strategy. Investors may need to get more defensive in coming months, as the risk-reward balance for equities could become less favorable. Read the full economic outlook in the latest edition of Global Insight.

Creating a lasting legacy

It’s commonly observed in the financial services industry that family wealth rarely lasts across multiple generations—and a new report by RBC Wealth Management may point to some key causes. Watch the video below and download our 2017 Wealth Transfer Report: Lasting Legacy to learn more.

Let's take the next step together

We welcome you to experience the RBC Wealth Management difference yourself. Contact us today to set up a meeting.

Meet the team

Learn more about The Carmichael Group.


 

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