Featuring Jim Lowell and Dan Wiener
We’re used to events and markets changing rapidly, but that pace has increased exponentially with the spread of the coronavirus. While alarm bells are ringing, we are sticking with our process and taking a rational approach to managing our clients’ wealth during this sudden A period in which stock prices decline significantly from recent highs and remain below previous high marks for weeks or months. Generally, a decline of at least 20% in stock prices is considered the threshold marking the start of a bear market..
Join Chairman Dan Wiener and Chief Investment Officer Jim Lowell as they discuss their perspectives on what’s happening in the markets, how Adviser Investments has prepared for a crisis like this and the opportunities Dan and Jim see for investors going forward.
Click the play button above to listen to this special episode of The Adviser You Can Talk To Podcast now.
Note: Dan Wiener mentions that Adviser Investments employees are invested in the same funds as clients through our A 401(k) plan is a retirement account that a company sets up on behalf of its employees. Both the participant and the employer can contribute to the account. There are two types of 401(k)s, traditional and Roth. Income invested in traditional 401(k)s isn’t taxed while it’s invested, but is taxed when it’s withdrawn. Income invested in a Roth 401(k) is taxed before it’s invested, but no tax is paid when it is withdrawn.. Our retirement plan does include the same funds our clients are invested in; additionally, employees have the option to choose funds outside of the plan or to choose not to participate in the plan. Employees are eligible for the plan after one year of full-time employment.