July 30, 2020 - Dowling & Yahnke Wealth Advisors is honored to announce they are included as one of the 300 top registered investment advisers across the nation as published by Financial Times. “This seventh edition of the FT 300 assesses registered investment advisers based on desirable traits for investors. We present the FT 300 as an elite group, not a competitive ranking of one to 300. This is the fairest way to identify the industry’s elite advisers while accounting for the companies’ different approaches and specializations,” says Loren Fox, of FT.
The turbulent first half of 2020 will be remembered for years to come. As we continue to navigate through a global pandemic, the economic and financial implications evolve daily as individuals, families, businesses, investors, and governments across the world adapt to our new reality. While financial markets have regained much of the losses experienced during the first quarter, unemployment remains elevated and economic growth will be impacted by COVID-19 for months, if not years, to come. Notable market events in the second quarter were plentiful:
San Diego – July 7, 2020: Dowling & Yahnke Wealth Advisors, currently managing over $4 billion of assets for more than 1,200 clients, is proud to announce that Brett Pernicano, CFA, CFP®, CDFA®, ChFC®, CLU® has been promoted to a Principal of the firm.
San Diego – June 29, 2020: Dowling & Yahnke Wealth Advisors is proud to announce that Mark Wernig, CFP® has been named to InvestmentNews’ 40 Under 40 list for 2020. Mark was chosen from a nationwide pool of about 1,000 nominees by a panel of reporters, editors, and other representatives of InvestmentNews to make a list of 40 talented individuals.
When I co-founded Dowling & Yahnke 29 years ago, I did so with the belief that we should do right by our clients, our employees, and our community. The senseless killing of George Floyd is a poignant and tragic reminder of the racial injustices and discrimination that persist to this day. It is rightly an emotionally difficult and painful time, and this heartbreak runs deep. While we cannot fully know the unique experiences any individual has faced, we recognize the importance of standing up for one another.
“I became a disciplined investor over 40 years. The virus broke me in 40 days. I’ve survived — and even prospered through — four stock market crashes. But nothing prepared me for this.” So went the title and opening lines of The New York Times writer James Stewart’s March 27th article, in which he describes his personal struggles with sticking to a disciplined investment plan and dealing with unprecedented stock market volatility. As Mr.
Eleven years ago, on March 9, 2009, the U.S. stock market reached its low point of the Global Financial Crisis. That dark day marked the beginning of an extended bull market that took the S&P 500 Index from 676.53 to 3,386.15 on February 19, 2020 – a 401% increase. Over the last three weeks, we’ve witnessed a sudden reversal. After today’s dramatic 7.6% market drop, the S&P 500 now sits at 2,746.56, a 19% decline from the recent high.
Dowling & Yahnke Wealth Advisors (D&Y), currently managing over $4 billion of assets for more than 1,200 clients, is proud to announce that Larry T. Nakamura, IACCP®, has joined the D&Y team as the Director of Compliance.
Dowling & Yahnke Wealth Advisors, currently managing over $4 billion of assets for more than 1,200 clients, is proud to announce that Mark Wernig, CFP®, Lead Advisor and Principal, was selected as an Ambassador to the Certified Financial Planner Board of Standards.