Weekly Market Review

The stock markets continued to climb this week as most of the economic news continued to show improvement.  The S&P 500 finished the week up 0.6% closing at 1,167.  Gold ended the week pretty much flat again at $1,107.50 per oz.  Oil was slightly down closing at $80,14 per barrel or 0.6%.  The dollar ended the week 1% higher against an index of other major currencies at $81.56.  For the year the S&P 500 stock index is now up 4.56%.

The week at AAM was a good one.  I got to meet 3 new prospects this weeks and I am looking forward to starting some new client planning relationships.  One of my clients finished up an estate plan this week.  I always enjoy helping clients get that important part of their financial plan completed.  I also had 7 client meeting this week.

I had a compliance luncheon on Monday where I learned of some new rulings by the SEC.  I am going to have to make a few changes to some of the things I do for clients.  I’ll be updating you all soon.  I also had to update my ADV Part I on the SEC website by 3/31.  That is almost complete.

I attended an FPA Meeting in Lansing on Thursday for a discussion on converting your IRA’s to Roth IRA’s.  I learned more about who should be looking at this as an opportunity and when it does not make sense.  I am looking forward to bring this information to my clients and prospects.

That’s about it for now.  It was a busy week and I am looking forward to another one next week.  Please feel free to email me or give me a call if there is anything I can do for you.

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Advanced Asset Management
4555 Wilson Ave SW, Suite 2
Grandville, MI 49418

Phone: (616) 531-5220
rvansurksum@aamllc.com