Show from 05/31/24

Hosts Jeremy Schwartz and Professor Siegel discuss recent market trends, starting with the latest inflation data, earnings season results, and current tech sector weaknesses. Professor Siegel comments on the recent jury decision on Trump, noting it had no significant market impact. Professor Siegel anticipates a slowdown in GDP growth but does not foresee a recession. (09:03) Jeremy continues the conversation with Adam Phillips, Managing Director of Investments at EP Wealth Advisors. Adam provides an overview of EP Wealth Advisors, emphasizing their focus on comprehensive financial planning and investment management. He discusses how election uncertainties impact clients’ investment strategies and the broader market. He also explains the firm’s approach to managing portfolios, highlighting a preference for high-quality investments and strategic diversification. Adam noted an increased interest in international investments, particularly in Japan and Europe. On the fixed income front, Adam describes their strategy of managing duration and maintaining exposure to high-quality bonds while cautiously incorporating strategic income assets. Adam also touches on the role of alternative investments in client portfolios, including private credit, private equity, and other non-traditional assets. He underscores the importance of these investments in achieving diversification and managing risk in the current economic environment.

Guest: Adam N. Phillips, CFA, CAIA, CFP® has a strong background in investments and portfolio strategy. Adam N. has held various senior level positions at EP Wealth Advisors and City National Rochdale, where Adam N. has worked with high net worth, trust, and institutional clients. With an MBA from UCLA Anderson School of Management and a BS in Business Administration from USC Marshall School of Business, Adam's expertise in asset allocation, security selection, and tax management make him a valuable asset in the finance industry.

Learn more about Adam at: https://theorg.com/org/ep-wealth-advisors/org-chart/adam-n-phillips-cfa-caia-cfp

Follow Adam on LinkedIn: linkedin.com/in/adamnphillips