All tagged Fiduciary
Eric Maldonado, CFP®, MBA, recently spoke at a webinar entitled: How Small Businesses Can Be Profitable in the Midst of Inflation. He helped viewers better understand their business finances, implement a process for maximizing business cash flow, and how to grow business profits. Click on the image to access the video reply.
Markets gifted us with another burst of volatility and headlines are looking apocalyptic again.
Some folks might think it's time to bail on markets, but I'll tell you why that thinking is a mistake.
First, let's peel back some layers to explore what's driving markets. (Want to discuss any concerns directly? Just Contact Us.)
Markets bucked and sold off again. (1)
Should we be worried?
Not necessarily. These things happen pretty regularly, especially when headlines are negative.
In fact, you might recall that we kicked off 2022 with a big drop. (2)
So, let’s talk about what’s behind the latest wild market ride.
(Scroll to the end if you want to skip right to the reassurance.)
What led to the selloff?
SAN LUIS OBISPO, CA, 3/31/22 – Eric Maldonado, Owner of Aquila Wealth Advisors, LLC has earned the Certificate in Blockchain and Digital AssetsSM from the Digital Assets Council of Financial Professionals. He joins an exclusive group of financial professionals with the credentials to serve investors who are curious about bitcoin, blockchain, and digital assets.
Over the past year, investors have been receiving notifications about the U.S. Department of Labor’s fiduciary rule that would have impacted financial advisors and their clients. Simply stated, the DOL’s new “fiduciary duty” standard would have required financial professionals who receive compensation for transactions to act in their client’s “best interest.”
