As you work with higher and higher net worth clients, you are not selling anymore; you are building relationships,” declares Christopher Jones, founder and president of Sparrow Wealth Management, a fee-only firm based in Las Vegas. A former consultant, Jones initially built his client roster on existing relationships with former colleagues and their families. Now, he steadfastly avoids explicitly promoting […]
During the past quarter, the international markets performed the best, with modest returns in the U.S. markets. The chart below shows the 3-month, 1-year, and 10-year performance of many DFA funds (representing different asset classes) compared to the S&P 500 Index: Market Returns for the period ending September 30, 2013 DFA Fund / Index 3 Month Return 1 Year Return 10 […]
The stalemate over the federal budget and debt ceiling in Washington, D.C. has put the markets on edge and generated a lot of scary headlines. We are following events very closely, but we can make no certain prediction of the short-term outcome. We do know that if Congress does not raise the debt limit by Oct. 17 a technical default […]
