Cathedral Wealth Management in Chichester has been very busy over the past month re-balancing client portfolios.
Brad has put together a statement below which he wanted to send out to you for reassurance:
All of my clients know that we pride ourselves on being on hand, available and active. Not just in financial advice and planning, but in risk management within their investments and pension portfolios.
I have for the past month made some 200 phone calls to clients reassuring them of the recent equity market increases throughout 2019, specifically in US and UK markets. As a result, returns have been between 6% and 12% YTD for clients between low medium and upper medium risk portfolios.
Because of the recent market news, there is thought that global markets are starting to reduce in growth. Not as a negative, but as a slowdown.
I have spoken to many of you throughout October and we have re-balanced portfolios for those whom felt it necessary. This proactive approach not just reassures clients but allows them to know we are here and actively managing their financial affairs.
If you are concerned with the downturn in global growth, worried about Brexit, have questions regarding the US/China trade wars or have investments outside of Cathedral Wealth in either Tracker funds, or high equity portfolio funds, now is a really good time to check the level of risk you are taking and whether now is the right time to re-balance your risk.
As always, I am here to discuss any bespoke needs you have and am on hand to advise accordingly.