RJ’s Commentary January 2020

You all know we are a financial planning firm, investments are but a piece of your overall planning. Having said that, once a quarter we do let the investment folks have their time in the sun and allow them to share their thoughts. Hope you find Rene’s quarterly commentary helpful.

It has been 5 days since the drone strike on the Iranian general and stock markets have basically shrugged it off. Should there be an escalation from here we would expect stock markets to fall sharply in what has been a fairly predictable pattern: selling off when the US rattles its sabers, and then rallying once military operations are actually under way. We dislike war as much as anyone but our job is to be clinical in the management of your portfolios. With the economy enjoying strong growth, low inflation and low interest rates you can expect us to buy into the sell-off, were it to materialize. Thank you.

By Rene Jarquin|2020-01-08T18:29:10+00:00January 8th, 2020|Categories: Investment Planning, Single Point of View|Comments Off

About the Author: Rene Jarquin

My path to Chief Investment Officer at Single Point most recently took me through BNY Mellon Wealth Management, where I had been since 2005. My role as Senior Portfolio Manager at BNY allowed me to work very closely with clients in constructing portfolios; while understanding their goals and always mindful of how the markets impact them both financially and behaviorally. Sitting on BNY’s Solution Strategy Committee and the Boston office’s Investment Implementation Committee has helped shape my investment decision-making. Ultimately, the desire to fully own and shape the firm's investment philosophy brought me to step into a Senior Partner role as Single Point's CIO. After receiving my bachelor’s degree at The Wharton School and my MBA from Northwestern University’s Kellogg School of Management I made a few stops prior to my 12 years at BNY. These experiences included the M&A group at GE Capital; a tech-focused merchant bank, Springwell Capital Partners; and Merrill Lynch’s Private Client Group. I have been fortunate to have the opportunity to share my expertise in giving back beyond my direct dealing with clients. Currently, I chair the investment committee for the Home for Little Wanderers. I am an active board member and former President of the Boston Chapter of the The Association of Latino Professionals for America (ALPFA). I have been a charter member of the Latino Legacy Fund of The Boston Foundation. LLF is a special interest fund targeting the Latino Community of Boston. Most recently, I have had the honor of being appointed by Governor Charlie Baker to the board of Mass Ventures, the state of Massachusetts’ venture capital arm. My wife Nancy and I, along with our two daughters, live in Wellesley, MA and enjoy relaxing on Cape Cod in the summer.