The Wealth Advisor

Can the stock market’s bull market withstand a strong labor market and rising rates? Last week tested this balance, with equity markets slipping into the red for the year. Equity markets lost ground for the second consecutive week, with sharp losses on Friday pushing year-to-date performance into negative territory. Large-cap growth stocks led the decline, although small-cap stocks were not far behind. These losses were driven by stronger-than-expected labor market data, which has shifted market expectations regarding potential Fed policy.

As an advisor, you know firsthand that taxes can consume a significant amount of your client's investment returns and income each year. Acting as their trusted financial guide, your goal is to help them retain as much of their wealth as possible. Tax-loss harvesting presents a resourceful strategy to help your clients reduce their tax liabilities by offsetting gains and/or income. 

Dynasty Financial Partners has announced that its affiliate, Dynasty Investment Bank, dedicated to serving clients in the asset and wealth management industry, served as exclusive advisor to Jenkins Wealth, Inc. (“Jenkins”) on its sale to Mariner, a privately-held national financial services firm based in Overland Park, Kansas.