Did you do the all too common “set it and forget it?”

Original Published Date: September 6, 2022

In “Set It and Forget It” you chose a fund from the beginning and have been riding it out ever since, thinking you are doing what you are supposed to be doing because your advisor, if it wasn’t one of our financial planners, probably said you’re in it for the long-haul.

That’s why you see all the statistics about 401k performance being down, and other passively managed assets like the S&P 500, NASDAQ, DOW, the list goes on.

Take Control
“Set It and Forget It” is adding to your anxiety, be truly free by turning over your assets to the most caring team, Boracchia Wiviott Wealth Partners” who also ask access to the full market of investments where you can actually thrive.

The S&P 500, which consists of the 500 Largest Companies, is down 23% Year To Date.

The Dow Jones known as the Dow Jones Industrial Average that has long been synonymous with the stock market, and tracks industries, is down 18.57% Year to Date.

There are 30 blue chip companies in the Dow Jones.

The NASDAQ, which represents mainly technology and financial companies, but also real estate investment trusts and more, is down 30.53%

There are thousands of companies in the NASDAQ.

The NASDAQ, Dow Jones, and S&P 500 generally are what people refer to when they refer to the stock market.

However, the stock market is vast – and all these three exchanges do not have any team managing them on a daily basis for clients.

You wouldn’t invest using indicators of the United States as a whole, would you? You’d invest in the holdings that upon tons of research, you know are the best. (Many are in the U.S. but not all)

How many of you have lost significant amounts, 17%, 25%, 30%, 45%, we are seeing this in every account we rollover, and it’s a topic of conversation in every crowd of retirees in particular at some point over the months.

Stock Market Losses and Inflation Present an Unusually Bad Combination Not Experienced By the Older Advisors

It’s a harsh reality when people leave their money for years and realize it’s been eroded away by inflation. Inflation alone already close to the teens, but looks like it will at least stay subpar 10%.

These numbers are huge though, on merely $100,000 inflation has taken nearly $9,000.  and now poor money management of losing teens and even half or more is resulting in many people losing.

When you lose your job, you have a big competitive advantage – the freedom to review your money – and invest how is best for you, not how your company sponsored plan wants you to.

While it isn’t a great feeling to randomly realize one day -all these losses are is poor management or more truthfully, no management at all.

The nearing retirement advisors haven’t much clue how to invest in this market. That’s why there’s historically high numbers of investment advisory and brokerage businesses for sale.

But that’s where we come in, we’ve been preparing for these times for decades; and our vast experience in tech has helped us stay ahead of the curve…

Active Management is EVERYTHING, + You’ll Need a Bit More With It These Days (Keep Reading to Learn What Else)

In this day where everything in the market seems to run on algorithms, passively managed losses are particularly large.

Losing your job or seeing your assets down as a retiree, or anyone really, is tough enough.

With active management, you get pure transparency. We’ll show you what is actually happening with your assets under management – where your fees are going – and often it’s a mix of investment management fees, 12b1 marketing fees, and fees from the actual returns.

As an independent registered investment advisory, we can’t take fees from profits without complete up-front transparency, nor do we have marketing fees etc. Also unlike the companies that are selling their own funds, or partner’s funds as is often the case, we don’t earn different amounts depending on where we invest your money.

Not All Active Managers Are Objective

It’s a really important to distinction to note: Not all independent firms utilize active management; and not all active management comes from independent firms.

In an independent firm like ours that prides itself on best investment management for clients, and transparency, as well as low fees and active management you will see:

  1. how the market has been
  2. where we see it performing;
  3. what our investment strategy is;
  4. your advice received is not based on commissions
  5. the advice is transparent regarding any conflicts, assuming you have a signed fiduciary contract and the independent firm is not dually registered as a brokerage
  6. and you’ll understand the opportunities we are seizing and benefiting from even in these times.
  7. the statistics will be clearly in your favor regarding the returns – and lack thereof losses you should never get used to experiencing.

Working with our firm, Boracchia Wiviott Wealth Partners, you will benefit from being in the top of investors. What this means to you is you will earn more money.

Regardless of how your financial planning is performing, consider Boracchia Wiviott Wealth Partners a silver lining. You now have a bit more time to focus on this. This is the perfect time to do a rollover!

The time window stands at 60 days from when you switch companies or leave your position, but there might be some wiggle room. Some 401ks (or their alternative) even allow rollovers while you are employed there.

Either way, active management is key. Independent registered investment advisors are great, but it also is something you need to ensure is a team who is on the market daily; and that you understand the ways in which they are so successful for the clients.

If you are sick of turning on your computer and seeing the market or worse, your investments down, do not “Set It and Forget It.” Boracchia Wiviott Wealth Partners is here for you, we seek to become your best friends in financial planning and quality investment management for you and yours.

Active management should be synonymous with all of this, so should the stock market, but that is unrealistic. Wall Street has a long history of fraud and making money at the expense of clients. Don’t be a statistic. Rather thrive, this is also the time when millions are made. Invest with the team who knows how. This is our time to shine.

Kind regards,

Lea Wiviott Boracchia, Marc Boracchia, and our entire Team

Boracchia Wiviott Wealth Partners

74710 Ste 102, Palm Desert, CA 92260

(424) 625 – 8943

SEC IAPD # 287877, Insurance Lic # 0H16150, CA DRE Lic # 02064384

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