HCR Wealth Advisors Explains What GDP Numbers Mean For the Economic Outlook
The third-quarter Gross Domestic Product, or GDP, was recently announced with great fanfare. The question asked by most investing and non-investing Americans, including HCR Wealth Advisors, was: “What does that mean to me?” HCR Wealth Advisors feels that a little historical perspective can be useful. First-Quarter (Q1) 2020 GDP — On March 11, the World Health […]
Have You Performed Your Year End Financial Review?
2020 has been an unprecedented year in many regards. However, that should not serve as an excuse to ignore your personal finances. Right now is a great time to consider the following financial planning moves, if appropriate. It is always important to do your best to end the year on a positive note and position […]
HCR Wealth Advisors shares 5 questions to ask before hiring a financial advisor in article in Home Business Magazine
In this bylined article in Home Business Magazine, the HCR team provides 5 questions to ask before hiring a financial advisor, as well as their 8 pillars of financial services.
Election Uncertainty Lingers
The third quarter of 2020 was another positive quarter for most financial assets. Mega cap stocks led the way once again, which helped the market cap-weighted S&P 500 Index pull into positive territory for the year. But most of the other stock indexes remained in negative territory year to date, despite seeing large gains in Q3. That just […]
HCR Wealth Advisors’ 5 Questions to Ask a Financial Advisor
Few people ask about the philosophy of a financial advisory group before deciding who to hire. Yet, that’s the driving force behind every recommendation that advisors will make to their clients. In the case of HCR Wealth Advisors, that philosophy grew out of a pivotal experience of its Founder and CEO, Greg Heller. Greg’s career […]
HCR Wealth Advisors Prepare Business Owners for Long-Term Success
While not all entrepreneurs are seat-of-the-pants managers, many have achieved success by taking a hands-on approach to running their companies. It gives them a sense of full control over their business operations. And that, in turn, brings them peace of mind because “Who will care about my business more than I do?” The downside comes […]
HCR Wealth Advisors Unpacks the Effects of COVID-19 on the Economy
Everyone has questions about what is happening with the economy right now. With the pandemic, uncertainty has settled on economies and global markets worldwide. Many people, not just investors but also consumers, are keeping an eye on economic progress as we move forward from the economic turmoil caused by COVID-19. HCR Wealth Advisors is no […]
Account Titling and Estate Planning Document Updates
Account titling and beneficiary designations are two key yet often overlooked components of estate planning. Your estate documents will ensure your assets are distributed according to your wishes. However, your trust and will are only part of the framework you need to consider. Having your accounts titled properly and with accurate beneficiary designations will ensure […]
Anatomy of an Economy: Health of the Market in Q3 2020 Part 3
As goes the economy, so goes the market? Not necessarily. HCR Wealth Advisors’ team of experts started this 3-part series by looking at how the U.S. GDP was reacting to the shutdowns and other disruptions caused by the COVID-19 virus. In Part Two, it reviewed how the Fed had responded to the ever-shifting new economic reality. […]
What The Potential Election Outcomes Could Mean for Investors
First, we would be remiss if we didn’t remined investors that markets have enjoyed positive returns under most presidents – regardless of which party. The reason is that generally speaking, markets go up over time. Corporate earnings grow along with businesses, the economy expands, and dividends and inflation provide a boost. As such, markets tend to go up […]