Archive for March 2023
Second Quarter Outlook
INVESTMENT COMMITTEE COMMENTARY March 2023 March began with investors remaining focused on inflation and potential interest rate hikes, but the sudden failure of Silicon Valley Bank, at the time the 16th largest bank in the United States, shifted investor focus to a potential banking crisis. Signature Bank of New York failed just days later which…
Read MoreCybersecurity Awareness
Cybersecurity remains a hot topic in the financial industry. In the past few years, our professional and personal lives have become more dependent on the internet than ever. Hackers, cyber-criminals, and fraudsters are exploiting unpatched software, or using social engineering to steal your data. With targeted exploits and attacks on the rise, everyone wants to…
Read MoreComments Regarding Silicon Valley Bank and Charles Schwab & Company
Comments Regarding Silicon Valley Bank and Charles Schwab & Company What Has Happened? Silicon Valley Bank (SVB) was a “bank of choice” for many venture capital and startup companies to deposit their cash balances. SVB used those deposits to make loans and purchase U.S. Treasurys to earn interest income. As the economic environment has become…
Read MoreJMG Financial Group named as one of the Best Places to Work for Financial Advisors in 2023
JMG Financial Group has once again been named as one of the Best Places to Work for Financial Advisors! Go to the InvestmentNews article here. The Best Places to Work for Financial Advisors is an annual award presented by InvestmentNews. InvestmentNews and JMG Financial Group are wholly unaffiliated. Full disclosure information concerning the award can…
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