Andrew Hammond, CFP®, Partner & Wealth Advisor at AAFCPAs Wealth Management, will moderate a seasoned panel of peer investment strategists discussing what we should have learned since the recession of 2008-2009, and how the equity community and government is working to minimize the risk of this happening again.
The Dow plunged 54% in 18 months between 2008 and 2009, the largest since the Great Depression of 1929. We have come a long way since the Federal Reserve and the Treasury had to step in and save the banking system from going under. Panelists will take a look back at the decade following the financial meltdown — and will discuss current trends and sign posts that may indicate which direction the market will go.
Andy will facilitate dialogue on:
- Whether the Dodd-Frank Wall Street Reform and Consumer Protection Act, and § 619 (the Volcker Rule) make us more secure.
- Market risks related to central banks, low interest rates, and massive global debt levels.
- Risks associated with passive investing.
- The impact China tariffs may have on the global economy.
- Quant driven or computer driven algorithms, and the risks—such as the “Flash Crash” of May 2010—of money being managed by machines.
- The impact artificial intelligence (AI) may have on the global workforce, and if the market has priced for this.
- Whether the record low market performance in the fourth quarter of 2018 indicates a risk of recession.
- Where the US stands in the current business cycle.
- And, what keeps them awake at night!
The panel also looks forward to answering questions from the audience of FEI-Boston!
When: Thursday, March 14, 2019 | 7:00AM – 9:00AM
Where: Federal Reserve Bank of Boston
Visit FEI-Boston to learn more. >>
(For many FEI member types this event is complimentary!)
Panelists include: Jeffrey Mortimer, CFA, Director of Investment Strategy, BNY Mellon Wealth Management; Jay Bryson, Managing Director and Global Economist, Wells Fargo Securities; and John S. Traynor, Chief Investment Officer, People’s United Wealth Management.
About Andrew Hammond, CFP®
Andy is a Partner & Wealth Advisor at AAFCPAs’ Wealth Management, a Registered Investment Advisor (RIA) Firm whose mission is to provide valuable peace of mind to those who share the awesome responsibility to manage wealth. He provides comprehensive and carefully designed financial plans for individuals & families, nonprofits & foundations, and retirement plan sponsors.
Andrew joined AAFCPAs Wealth Management after 17 years in financial services at Fidelity Investments, and he is absolutely passionate about the markets. He loves to work with clients to help protect and grow their assets in an ever-changing and unpredictable investment landscape. He provides custom financial plans that incorporate tax planning, investment management, insurance evaluation and planning, business consultation, and estate planning. Andy appreciates that each client’s goals and aversion to risks are personal, and in progress. When designing a financial plan, he takes the time to evaluate each clients’ unique situation, and his proven solutions do not stop at plan design, because he knows that even the simplest financial planning and asset allocation strategies need rebalancing on occasion. He continues to harness the firm’s collective knowledge, tools and tax resources to creatively adapt, and to share new ideas and insights as clients’ needs evolve and change over time.
About AAFCPAs Wealth Management
AAFCPAs Wealth Management is a boutique, fee-based Registered Investment Advisor (RIA) firm serving individuals & families, retirement plan sponsors, and nonprofits & foundations. As an affiliate of AAFCPAs (Westborough, Boston, Wellesley, MA), AAFCPAs Wealth Management is able to leverage shared knowledge, providing insight into long-range planning, with full consideration for tax implications. AAFCPAs Wealth Management’s solutions are designed for those who appreciate honesty, tax expertise, and personal attention.
About Financial Executives International (FEI)
Financial Executives International is the leading advocate for the views of corporate financial management. Its more than 10,000 members hold policy-making positions as chief financial officers, treasurers and controllers at companies from every major industry. FEI enhances member professional development through peer networking, career management services, conferences, research and publications. Members participate in the activities of 74 chapters in the U.S. and a chapter in Japan. AAFCPAs is a proud partner of FEI-Boston.