“While events in the financial markets are happening almost too quickly for the news cycle to track as countries close borders, schools and workplaces, SEI remains operational. To provide insight into the current state of the financial markets and our perspective on them, Kevin Barr, Head of SEI’s Investment Management Unit, and Jim Smigiel, CIO of Non-Traditional Investment Strategies and Head of SEI’s Asset Allocation team, answer some frequently asked questions.” Click here to watch the video.

Read SEI’s latest market commentary on the recent market decline and the history behind similar bear markets in the past: Market Bears Awaken

Read SEI’s latest market commentary on how the coronavirus has affected various equity markets around the world: Tracking the Coronavirus: How Have Equity Markets Fared in Different Regions?

Read SEI’s full commentary on market corrections here: Market Corrections – More Common Than You Think Read SEI’s full commentary on disciplined investing here: No Pain, No Gain: Disciplined Investing through Anxious Times

SEI provides more detailed commentary on the spread of the coronavirus and how it has affected the markets – read the full commentary here: Virus Spread Rattles Markets

One of our managed strategy partners through SEI, City National Rochdale, has released some insightful market commentary about our current market trends. Some highlights: The recent stock market sell-off appears to have as much to do with overly optimistic market sentiment, as it does from renewed concerns over the spreading coronavirus. Market complacency has been high, particularly over the impact on global/U.S. growth and earnings estimates. Complex international supply chains are being put to the test; with the virus representing a massive global supply shock. Nevertheless, our base case continues… Read More

Read SEI’s commentary on the recent dip in the markets below: “Important economic indicators have been pointing to slower growth—or worse, possible recession—in many parts of the world. On top of this, a coronavirus outbreak that began in China is threatening to undermine or potentially derail economic activity there and beyond. Do we think it’s time to panic? As usual, our short answer is no. But it’s certainly an understandable question, so we set out to find a more comprehensive answer.” Read more: https://seic.com/knowledge-center/slowing-growth-speeding-outbreak-time-panic-yet

Tools to Fight Fraud by Kathy Frakes Happy Cybersecurity Awareness Month! I recently heard on the radio that Millennials are being scammed more often than Baby Boomers, though Boomers lose more money because they have more money. Technology has made our lives simpler in many ways. It has also made it simpler for would-be thieves to access your information. How can you protect yourself? Here are some suggestions for all ages: Don’t participate in the surveys on social media about your favorite things. While it may seem like a harmless… Read More

By Davis Gardner Many people wait until the new year to address their finances, simply adding it to their list of resolutions for the year. However, December 31st is a critical deadline for many key actions related to your financial life, and by waiting until January to evaluate where you stand, you could miss out on some huge benefits. By reviewing the items in this list, you ensure that you meet those deadlines and set yourself up for success in 2020. Here are the main items to review before December… Read More

Were you affected by the Equifax Data Breach in 2017? Equifax has just reached a settlement with the Federal Trade Commission, Consumer Financial Protection Bureau (CFPB) and 50 U.S. States and territories. You may be eligible for benefits. Please see https://www.consumer.ftc.gov/blog/2019/07/equifax-data-breach-settlement-what-you-should-know for details. Also check out Omega Wealth Management’s latest newsletter for additional cyber tips! (https://www.docdroid.net/NsZxEoQ/2019-q3-omega-newsletter-final.pdf) (If you aren’t sure if you were affected, the claims site will have a tool to use to check!)