LIFESTYLE DRIVEN ADVICE
JULY 2022

Hello,

No two ways about it: capital markets have struggled in 2022. The market’s underwhelming performance has been a common theme of discussion among pundits and analysts, and while that is certainly understandable, it can sometimes lead investors to miss the forest for the trees. In a recent edition of “Wealth Insights,” XML President Curtis Congdon used historical data to add some much-needed perspective to current market conditions.

With this perspective in mind, check out our recent blog post addressing concerns about investors’ financial futures. We shared some encouraging new data about the retirement savings rate in America and explained how investors can navigate market volatility by staying focused on the long term. Additionally, for some investors, “the long term” doesn’t just refer to their own financial futures, but those of future generations of their family as well. We recently discussed generational wealth in a blog post that highlighted a few key tax-efficient strategies for transferring assets that can help you maximize the financial legacy you leave for future generations.

What does the rest of 2022 hold for capital markets? In our latest webinar hosted by Co-CIO and Managing Director of Collins Investment Group, Bob Collins, Fidelity’s Anu Gaggar, CFA^®, FRM, CFP^®, and Wells Fargo's, Scott Wren, recapped how markets performed in the first half of 2022 and shared their outlook for the rest of the year. If you were unable to attend the webinar or you’d like to watch it again, you can view a recording of the event.

As always, if you have any questions about the information shared in the newsletter, please don’t hesitate to get in touch.

XML Financial Group

Wealth Insights: Long Form Mid-Year Analysis

In this in-depth edition of Wealth Insights, XML President, Curtis Congdon, acknowledges the struggling performance of the markets thus far in 2022 but Curtis attempts to look at it through the lens of historical data gathered from a number of different key indicators.

Blogs

Retirement Savers are Resilient as Ever

Recent market and economic conditions are worrisome for many retirement savers: in addition to market volatility and the potential for a bear market, inflation remains an ongoing concern. Read on to find out more about why remaining focused on the long term is the key to effectively navigating market volatility.

Tax-Efficient Ways To Pass Down Assets

You have worked hard to build your wealth, and you want to use some of that wealth to help build a solid financial foundation for your children and grandchildren. In this blog, find out the different tax-efficient ways you can leave a financial legacy of generational wealth for your family. 

Webinars

Mid-Year Markets Update

On July 19, we hosted a must-see webinar featuring insights and perspectives from two veterans of the capital markets: Anu Gaggar CFA®, FRM, CFP®, Vice President, Capital Markets Strategist at Fidelity, and Scott Wren, Senior Global Equity Strategist at Wells Fargo Investment Institute. Hosted by Robert J. Collins (Bob), XML Co-CIO & Managing Director of Collins Investment Group, click the link below to hear what Anu and Scott had to say about the performance of the markets thus far in 2022 and what might be in store for the remainder of the year.

XML Team News

Welcome to the Team, Sharon!

Please join us in welcoming Sharon Cirillo to the team! Sharon recently joined Samson Wealth Management Group as a Client Service Associate. Sharon has almost twenty years of financial services experience and a decade as a small business owner. Sharon is a New Jersey native and nature-lover and also enjoys reading, writing, and volunteering.

In the News

The entire team at XML Financial Group is thrilled to share that we have been recognized in Financial Advisor Magazine's annual Top 50 Fastest-Growing firms and America's Top RIA's lists! Click the respective links to find the complete rankings.

In a recent Barron's article, XML CEO and Co-Founder, Brett Bernstein, discussed the challenges associated with client segmentation and acquired accounts, such as balancing different cultures and levels of services. 

Brett was also featured in an article with Financial Planning, where he spoke about the downside of tax-loss harvesting, "Staying with the same shares can mean an investor misses “significant rebounds” in other industries."

This communication is for information and educational purposes only. This is not a recommendation for the sale or investment in any product or strategy nor should it be perceived as individual advice. Information presented has been prepared from sources believed to be reliable but is not guaranteed and does not represent all available data necessary for making investment decisions. Economic and market forecasts presented herein reflect a series of assumptions and judgments as of the date of this presentation and are subject to change without notice. Forecasts do not consider the specific investment objectives, restrictions, tax and financial situation or other needs of an individual. Actual data will vary and may not be reflected here. Accordingly, these forecasts should be viewed as merely representative of a broad range of possible outcomes. The opinion expressed by this individual is based on facts and circumstances known at this time, is subject to change and does not reflect the opinions of all financial professionals of XML.