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.