In light of the downward movement in equity markets, Independent Solutions Wealth Management has been monitoring our strategies carefully and focusing on readying our portfolios for our next steps.
As a reminder, our strategic allocation models were rebalanced in January, which took gains off the table from 2019 and reallocated those gains to fixed income. We are now gearing up for another rebalance as we speak.
The managers of funds inside our strategic allocation mutual fund models have been diligent and communication with those managers and their strategies have been sufficient enough that we feel well-positioned to ride this out with our current holdings, while still conscious of our goals and those of our clients.
From a workflow and business continuation standpoint, our firm is well equipped to work remotely if necessary and business will flow as usual. We have 3 different office locations all equipped to handle day to day business. We appreciate client and rep concerns at this time, so please know we are doing our best to service requests and keep up with demands as needed.
While we understand the widespread concern for not only your investments but the safety and health of everyone around you, we will come out of this and there will be a sense of normal sooner than we all think at this time.
Chief Investment Officer
Independent Solutions Wealth Management, LLC
Investment Advisory Services offered through Independent Solutions Wealth Management, LLC, an SEC Registered Investment Adviser.
All opinions expressed Paul Meeks are solely Meeks’ opinions and do not reflect the opinions of Independent Solutions Wealth Management, LLC (“ISWM”). You should not treat any opinion expressed by Meeks as a specific inducement to make a particular investment or follow a particular strategy, but only as an expression of his opinion for educational purposes only and does not constitute investment, legal or tax advice, an offer to buy or sell any security or insurance product; or an endorsement of any third party or such third party’s views. Meeks opinions are based upon information he considers reliable, but neither ISWM nor its affiliates and/or subsidiaries warrant its completeness or accuracy, and it should not be relied upon as such. Meeks, ISWM, its affiliates and/or subsidiaries are not under any obligation to update or correct any information provided on this website. Meeks statements and opinions are subject to change without notice. No part of Meeks compensation from ISWM is related to the specific opinions he expresses. Past performance is not indicative of future results. Neither Meeks nor ISWM guarantees any specific outcome or profit. You should be aware of the real risk of loss in following any strategy or investment discussed. Strategies or investments discussed may fluctuate in price or value. Investors may get back less than invested. Investments or strategies mentioned may not be suitable for you. This material does not take into account your particular investment objectives, financial situation or needs and is not intended as recommendations appropriate for you. Before acting on information, you should consider whether it is suitable for your particular circumstances and strongly consider seeking advice from an investment adviser.