Crestwood CIO discusses market outlook on TD Ameritrade Network

Crestwood CIO discusses market outlook on TD Ameritrade Network

Why is it good to be bullish, believing prices will rise, when the majority are bearish, believing prices will fall?

 

“There are two important indicators this week: the job openings survey and the September job report. Job growth cooling would show Federal Reserve policies are taking hold. The percentage of bearish individual investors has jumped over 60%. History says it is good to be bullish when the majority are bearish,” John Ingram, Chief Investment Officer, Partner, told Oliver Renick on TD Ameritrade Network’s Market on Close.

 

Click to watch the interview here.

Crestwood Wealth Planner Gives Advice to Young Advisors Entering the Industry with Financial Advisor

Crestwood Wealth Planner Gives Advice to Young Advisors Entering the Industry with Financial Advisor

FA-IQ reached out to advisors to ask: What’s a piece of advice you have for young advisors entering the industry?

“Join a firm that genuinely cares about its clients! You’ll learn more, become a better advisor, and probably have more fun while doing so,” said Luke Neumann, a wealth planner at Crestwood Advisors.

Read the full article now to find out more about Luke’s advice for young advisors!

Financial Advisor IQ

Director, Equity Analyst Julie Praline Discusses Inflation Reduction Act Impacts

Director, Equity Analyst Julie Praline Discusses Inflation Reduction Act Impacts

As the Inflation Reduction Act seeks to support clean energy, many investors are questioning whether or not to invest in renewable energy companies.

“The broad [sustainable-energy and eco-friendly] sector will see a long-term boost from the Inflation Reduction Act, lifting demand [and] the profitability profile of some players,” says Director, Equity Analyst Julie Praline in a recent Financial Advisor Magazine story.

Read the full article here.

Crestwood Expands Its Portfolio Management Team

FOR IMMEDIATE RELEASE

Crestwood Advisors Group, LLC is pleased to announce that Greg F. McSweeney, CFA has been hired to the position of Portfolio Manager, Director in our Boston office.

“We are thrilled to welcome an individual with Greg’s skills and experience to Crestwood Advisors”, said Michael A. Eckton, CFA, CEO & Managing Partner. “Greg is a wonderful addition to our team and we are excited for the additional depth and fresh perspectives we expect him to bring to our clients. Perhaps particularly given the current uncertain environment created by the coronavirus, Greg’s hire demonstrates our ongoing commitment to our clients to invest in the necessary resources to deliver the exemplary service they expect of us.”

Prior to joining Crestwood Advisors, Mr. McSweeney was a Portfolio Manager at Bainco International Investors, a Boston-based registered investment advisor. While at Bainco, Greg was responsible for co-leading the investment team and delivering investment strategies tailored to high net worth individuals and families. Prior to Bainco, Greg spent over a decade in New York in roles investing in equity and fixed income. He earned an MBA from NYU Stern School of Business and a BA from Dartmouth College.