sailor . mnsun . com Local Business Today • Thursday , March 28 , 2024 Page 3
Stiles Financial : Custom asset portfolios to meet your unique financial roadmap .
The team of advisors and consultants at Stiles Financial Services , Inc . ( SFSI ) has learned over many years that investors can ’ t control external forces that impact daily or periodic market behavior . Emotional shortterm decisions in reaction to unpredictable market swings can affect overall portfolio performance .
“ 2023 was a much different year than 2022 . We had positive returns in most asset classes which was a welcome change after a difficult 2022 when most of the major asset classes posted negative returns . The equity markets were up 26.6 % ( as measured by the S & P 500 index ) – and bonds also had a very nice recovery in the last quarter of the year to deliver positivereturns . Bondsfinishingpositivefortheyearhelpedthatasset class avoid a third straight year of negative total returns .” said Portfolio Manager , Paul Tichy , AIF ®, MBA
“ In 2022 we saw the Fed raising rates aggressively in their attempt to calm down high inflation . However , in 2023 the Fed ’ s actions seemed to have inflation heading in the right direction . The more stable rate environment , coupled with a more confident consumer , led to the rebound in markets last year . The questions facing investors and portfolio managers this year is if the Fed is done with their rate hikes and are they close to entering into a cycle of cutting rates ? It will mostly depend on their interpretation of levels of inflation . If they have controlled inflation at the expense of slowing down the economy too much , they might have to entertain cutting rates as the year progresses . These questions along with a very high profile Presidential election year , we can result in some choppy and volatile periods during the year .” said Portfolio Manager , Mark Gierach , MBA . pitfalls they have experienced along the way , we develop a holistic wealth management strategy that is customized to each individual person , one that can smooth out the ride during these turbulent times ,” said Private Wealth Manager Brent Atherton , CFP ®, AAMS ®.
SFSI provides several services including :
“ We spend a lot of time understanding our client ’ s goals , runways and risk profile , so when the market gets volatile and moves up and down , we are properly positioned to ride these waves .”
- Brent Atherton , CFP ® , AAMS ® , AIF ® Private Wealth Manager
• Private wealth and custom portfolio management services
• Fiduciary advisory services to corporate retirement plans and their participants
• Portfolio management services for institutional clients including foundations and endowments and corporate cash accounts .
“ Thefootingofourbusinessisbuilton managing client assets while implementing strategies designed to achieve cost efficiencies and positive results ,” said SFSI Founder Susan Stiles , CFP ®, ChFC ®, AIF ®, CPFA , MBA , who has been recognized many times over the years for her contributions to the industry .
“ We ’ ve earned a reputation among our clients for being great listeners , as well as gifted financial strategists ,” said Founder , Susan Stiles . “ Our client loyalty affirms our dedication to our holistic process and principles that support the close relationships we value and the variety of clients that we serve .”
Tolearnmore , visitourwebsite . Thenfilloutaninquiryformsowecan learnmoreaboutyou . Themoreweknow , thebetterwecanworktogether .
SFSIbelieveshavingaplanandexecutingonthatplanwillpavethepath to achieving your targeted results in the long run . The foundation for investment success is understanding your goals and risk tolerance , and harmoniously aligning your portfolios to match . SFSI partners with its clients to help steer and manage the process with the discipline needed to meet desired outcomes .
“ We always work hard to understand our clients ’ financial journey and goals , and we work even harder during these volatile times . By knowing where our clients have been , where they are looking to go , and the
7505 Metro Boulevard , Suite 510 | Edina , MN 55439 www . StilesFinancial . com | Tel 952-988-0452
SFSI is a fee-only , SEC Registered Investment Advisor based in Minnesota