Don't Fight the Fed - Revisited

By Financial Advisor Frank Koster | November 9, 2022

The title of our third quarter update letter was “Don’t Fight The Fed.” It’s a long-standing adage of our industry that implies the U.S. Federal Reserve is the 800-pound gorilla in the room, and market participants should not bet against their intentions.

Investment Risk vs. Investment Return

By Financial Advisor Frank Koster | October 4, 2021

Investing entails several inherent risks. In the case of equities, investors generally think of risk as the possibility of losing money relative to the initial investment.

Using U.S. Treasury Bonds to Reduce Risk

By Financial Advisor Frank Koster | June 23, 2021

Historically, bonds have played two primary roles in balanced investment portfolios. They have generally paid a higher level of current income than stocks, making them the go-to vehicle for those in need of current income.

Active vs. Passive Investment Management

By Financial Advisor Frank Koster |

The active vs. passive management debate has raged for years, but fortunately there is a depth of empirical evidence to evaluate. S&P Dow Jones Indices, LLC publishes their SPIVA U.S. Scorecard annually, which compares active managers’ returns to those of the various S&P indexes.

Risk Management

By Financial Advisor Frank Koster |

Our goal is to identify, monitor, and manage the risks in our clients' portfolios.

What is a "Normal" Level of Interest Rates?

By Financial Advisor Frank Koster | November 17, 2022

If you have listened to or read the financial news recently, you likely have encountered commentary by countless experts, including economics professors, U.S. senators, and commercial real estate titans, expressing concern about the rising interest rate environment we are currently enduring.