Hi there,
Welcome to this month’s edition of Disruption Blueprint! In this October edition, don’t miss:
- The Advisor’s Guide to Election Season: Leverage these resources to help guide client conversations during election season.
- RFG Advisor Spotlight: Explore how an Advisor team that partnered with RFG Advisory expanded AUM by over $165 million and doubled quarterly billing.
- The Latest Market Commentary from President & CIO Rick Wedell: Find out how the market is performing amid tensions in the Middle East.
- Exclusive Webinar Invitation: Learn how to confidently raise your fees in an RFG webinar, “Overcoming Barriers to Charging Premium Fees” with Brendan Frazier, Chief Behavioral Officer.
With just one week until the 2024 presidential election, many clients might be experiencing uncertainty. Clients are eager to understand how potential outcomes might impact their financial futures. Here are some helpful resources you can use to guide critical client conversations:
- Download Our Four-Step “SAFE” Framework for Guiding Clients Through Uncertain Times.
- Learn How to Talk Your Clients Through a Volatile Election Season
- Watch Our Recent Wisdom in Wealth Video: The Top 4 Investor Mistakes During Election Season (and How to Avoid Them).
- Discover Our Recent Blog: “Should You Talk Politics with Clients?”
- Replay Our Recent Webinar on Investment Masterminds: “Election and the Economy: What You Need to Know.”
Markets Holding Amidst Earnings, Election, and Tension in Middle East
Market Commentary | October 29, 2024
Welcome to another edition of our Market Commentary with RFG Advisory’s Chief Investment Officer, Rick Wedell!
Earnings season is in full swing, and the S&P 500 has been relatively range-bound for the past two weeks at or near all-time highs for the index. Thus far, the season has been off to a relatively in-line start versus analyst expectations, which helps to explain some of the market price trends. Meanwhile, oil prices dropped by about 6% over the weekend as tensions cooled slightly in the Middle East, which should help consumer prices moving forward. We will also get a read on consumer confidence and unemployment later in the week, which the Federal Reserve will use to inform their rate decision in November.
In this edition of our Market Commentary, Rick breaks down the numbers on these issues and explains why strength this week might put the Fed on pause as they look at future changes to interest rates.
Watch the full video here.
When WFA’s leadership team—Steve Carney, Chase Crump, and Dany Martin—set out to solve their succession planning challenge, they had no idea it would spark a complete transformation of their business. Partnering with RFG Advisory, they found the right succession plan and unlocked a path to incredible growth. WFA grew its AUM by over $165 million and doubled its quarterly Advisory billing. Discover how RFG’s innovative technology and strategic guidance helped turn their vision into reality while fostering team camaraderie and long-term success.
