As of this writing, it appears that we have over 1000 cases of COVID-19 in the United States with deaths rising to 31 individuals.
First, the most important thing for us is the safety of our clients and our team. We are regularly disinfecting our offices and if we did need to close our offices, our team is prepared to continue to provide the high-quality service you deserve remotely. For our clients that cannot meet us in person, we are readily making conference calls available to them.
From an investment perspective:
Finally, I am proud of the work our team is doing during this time of uncertainty. We have taken similar institutional approach to help our clients navigate through many epidemics and market turmoil over the past 45 years. Below is a chart of how S&P 500 (broad US Market) has responded to prior epidemics. Past performance is no indication of future results, but on average market has appreciated 8.8% and 13.6% respectively after 6 months and 12 months after the start of prior epidemics.
COVID-19 may be different, but we will continue to make sound financial decisions on your behalf every step of the way.
Securities offered through Raymond James Financial Services, Inc., Member FINRA/SIPC. Investment advisory services are offered through Consolidated Planning Corporation. Consolidated Planning Corporation is not a registered broker/dealer and is independent of Raymond James Financial Services.
Investment advisory services are offered through Consolidated Planning Corporation. Consolidated Planning Corporation is not a registered broker/dealer and is independent of Raymond James Financial Services. Raymond James financial advisors may only conduct business with residents of the states and/or jurisdictions for which they are properly registered. Therefore, a response to a request for information may be delayed. Please note that not all of the investments and services mentioned are available in every state. Investors outside of the United States are subject to securities and tax regulations within their applicable jurisdictions that are not addressed on this site. Contact your local Raymond James office for information and availability.
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