This Just In

December 8, 2011

Water means life. Clean water can mean healthy life. The villagers of Kageyo, Rwanda will now be able to access clean water and better health through repaired and new wells provided by a partnership of Africa New Life Ministries, Water for Life, Living Water International, Pyle Cunningham Wealth Management of Raymond James and WMBF viewers. These organizations and individuals have come together to provide 6 new wells and repair existing wells within the villages. As Africa New Life leaders and mission teams worked with elders of the community, it was clear that water issues were the primary concern.

Dr. Pamela Pyle and the medical team from Myrtle Beach, SC were greatly concerned with the increasing severity of illness seen in August due to water borne disease. This was especially evident in infants and young children whose bodies have little reserve to fight crippling gastrointestinal issues that come with unclean water.

The access to clean water provides a great opportunity for the people of Kageyo as villagers will have less time in the transportation of water and more time to begin a larger scale farming initiative that brings better nutrition for the people. While Pastor Charles Mugisha Buregeya’s quote of "You cannot the change the world, but you can change the world for one" still rings true for child sponsorship, it can be expanded to include the belief that "Changing the world begins with changing one community at a time". Scott Pyle of Myrtle Beach remembers meeting with the elders of Kageyo last August when they said the number one problem they deal with every day is water that is killing their village. Now, clean water allows them to focus on providing a better and healthier life for their families.

Raymond James & Associates is not associated with Africa New Life Ministries, Water for Life, Living Water International or WMBF News.

September 7, 2011

Listen for the Silence As the Nation Remembers 9/11

At 8:46 a.m. on Sunday, September 11, the crowd in Lower Manhattan will fall silent. Seventeen minutes later, another silence. Images of the burning north tower of the World Trade Center may linger in the mind as the second silence reminds those at Ground Zero of the moment the second aircraft sliced into the south tower. Two more moments of silence during New York’s remembrance ceremonies will mark the horrific collapse of the two towers on that Tuesday morning a decade ago.

The national tragedy of 9/11 – it is remarkable how a simple date abbreviation has become a historic symbol that can call forth powerful emotions – will be recalled elsewhere, too. At the western side of the Pentagon in Arlington County, Virginia, at the spot where Flight 77 hit at 9:37 a.m., visitors will remember as they visit the National 9/11 Pentagon Memorial, which was dedicated on September 11, 2008.

And in southwestern Pennsylvania, the Flight 93 National Memorial is taking shape on hallowed ground where at 10:03 a.m. 40 passengers and crew lost their lives in an open field after thwarting terrorist plans to crash the hijacked aircraft into a building in Washington, D.C. On September 10, Phase I of the memorial will be dedicated and that evening volunteers will set out 2,982 luminarias, one for each life lost in those 9/11 attacks.

Each of us has private memories of that day 10 years ago. We tend to remember where we were, what we heard first, and how difficult it was to make sense of what had happened to the mostly civilian men and women who had merely gone to work that day or boarded a plane, expecting to take a business trip or enjoy a vacation.

At 1 p.m. Sunday afternoon (Eastern Time), there will be a national Moment of Remembrance. A Senate resolution asks us to stop work and other activity for just one minute to remember the totality of 9/11/2001. It is just one small gesture in honor of those who perished or whose lives were forever altered by the attacks.

We wanted to share these thoughts with you as the nation honors those we lost.

August 11, 2011

Market Volatility Persists As Investors Seek Safety

The intense volatility that has recently gripped U.S. and global stock markets was much in evidence this week. Stocks staged a broad retreat Wednesday after rallying strongly Tuesday when the Federal Reserve Board pledged to keep interest rates near zero through 2013. Tuesday's advance followed a dramatic selloff on Monday, the first day of trading on U.S. exchanges after Standard & Poors announced it was stripping the U.S. of its AAA credit rating.

The sharp swings in stock prices – the Dow Jones Industrial Average dropped 5.5% on Monday, rose 4% on Tuesday, and fell more than 4% Wednesday – demonstrate the uncertainties plaguing investors. The Fed said it was prepared to employ its policy tools "as appropriate" – a reference some investors took to mean additional monetary stimulus in the form of QE3 might be on the table. However, the central bank also acknowledged that U.S. economic "growth so far this year has been considerably slower" than it had expected, a reminder of the difficulties besetting the economy.

While economic uncertainty and market volatility seem likely to remain with us for the foreseeable future, it's also important to remember some key facts:

Although the S&P downgrade was of course unwelcome, investors worldwide still regard U.S. government debt obligations as safe and highly attractive. For example, the Treasury sold $24 billion worth of 10-year notes Wednesday at an extremely low yield of 2.14%. If investors were truly worried about a U.S. default, they would be demanding much higher yields. While much criticized, the recent agreement in Washington raising the debt ceiling ended the immediate question of default.
Corporate earnings are robust, with some 61% of S&P 500 companies reporting so far beating their second-quarter earnings estimates, and 68% exceeding their revenue estimates. Corporate profit margins and balance sheets are also very strong.
While U.S. economic growth has slowed, as yet there is no solid evidence that the country is sliding into recession. This view is reinforced by the fact that long-term interest rates remain well above short-term rates. Every U.S. recession in the past 50 years has been preceded by an inverted yield curve (short-term interest rates above long-term interest rates).
Markets often overreact in times of uncertainty, and investment decisions made in haste during periods of anxiety are often regretted later on.

It's normal to be concerned during periods of extreme market volatility. However, while investors must always be alert to changes in the economic and investment climate, market fluctuations are not a valid reason for abandoning your long-term financial plan. This is a time for calm, for close communication with your financial advisor, and a time to remember that while stocks may fluctuate sharply in the short term, they have generally rewarded patient investors over the long term.

The ongoing volatility in the markets is obviously something we are watching very closely. In times like this, we must strike a balance between vigilance, which is certainly warranted, and emotional response, which is not. If you would like to discuss the current investment environment or have any concerns about your individual holdings, please call our office at 843.448.4422.

Investing involves risk, and investors may incur a profit or a loss. Past performance is not an indication of future results. Investors cannot invest directly in an index. The Dow Jones Industrial Average is an unmanaged index of 30 widely held stocks.

July 26, 2011

Dear Friends, Family, and Clients,

My wife, Pamela, and I are traveling to Rwanda on July 27th for 10 days. We will be running medical clinics and sharing the gospel in Kigali for children whom live on the street, a village called Kayonza, and a refugee camp called Kageyo. Pamela is leading a team of 17. I will be teaching the bible in small group settings and will also be the "pharmacist" on clinic days. We ask for your prayers in travel for the team and God's preparing of our hearts as well as those that we will have the blessing of getting to know. You may follow our journey by going to www.africanewlife.org under the blog tab.

May God Bless You and Yours,
Ronald Scott Pyle

July 26, 2011

Dear Friends, and Clients:

We have just returned from the Raymond James Summer Development Conference in Orlando, Florida. Its theme, "Global Perspectives," neatly sums up what we learned - that global markets connect us all, creating new investment opportunities worth considering.

Conferences like this help keep our colleagues and us up to date on industry standards and practices in today's complex financial marketplace. But it's not just professional development for us. The insights from the sessions can be beneficial to you, too, as, together, we work with some new information to manage your long-term financial plan even more effectively.

We'll call you soon to find out if you're interested in setting up an appointment to discuss how new information we brought back from this conference may be relevant to your portfolio. While we're eager to share new ideas with you, bear in mind that we're always available to discuss any existing needs you may have.

Sincerely,
Ronald Scott Pyle & Brian J. Cunningham

June 6, 2011

Ronald Scott Pyle Completes the Level II Program of the Institute Of Investment Management Consulting Certification Series at Raymond James

Myrtle Beach, South Carolina – Ronald Scott Pyle – By successfully completing Level II of the Institute of Investment Management Consulting Certification Series, Ronald Scott Pyle is recognized for implementing an institutional investment approach in his practice. The Institute of Investment Management Consulting (IIMC) was developed to help financial advisors drive success in their consulting practices through educational programs, ongoing communications forums and networking with other financial advisors. The IIMC curriculum provides these advisors with advanced knowledge and concepts commensurate with many high level institutional money management consultants. IIMC members are selected based on their demonstrated commitment to pursuing a consulting approach in managing and growing their practices.

Ronald Scott Pyle attended a 2-day program incorporating sophisticated investment management topics, such as optimizing client portfolios and monitoring investment manager performance, as well as participated in a panel sharing best practices among his peers. In addition to learning about new investment opportunities, such as alternative investments and managed completion portfolios, Ronald Scott Pyle will continue to benefit from the ongoing education and support of the investment and manager research teams. Ronald Scott Pyle specializes in working with retiree's, successful business owners, executives, professional athletes and others at the tops of their fields.

About Asset Management Services

Asset Management Services (a division of Raymond James & Associates) offers comprehensive asset-management services and products for financial advisors of Raymond James. Managed products include the industry-leading platforms of Raymond James Consulting Services and the Freedom program. Wrap-fee programs include the Passport and Ambassador programs.

About Raymond James & Associates

Raymond James & Associates, which has built a national reputation during the past 47 years as a leader in financial planning for individuals, corporations and municipalities, is a wholly owned subsidiary of Raymond James Financial, Inc. (NYSE-RJF), a financial services holding company. Through its three principal broker/dealer subsidiaries, Raymond James Financial has more than 5,300 financial advisors serving 1.9 million accounts in 2,300 locations throughout the United States, Canada and overseas. In addition, total client assets are approximately $282 billion, of which approximately $37 billion are managed by the firm's asset management subsidiaries.

May 4, 2011

Raymond James Listed Among World's Most Admired Companies In Fortune Magazine Survey

(Myrtle Beach, SC) – Raymond James Financial has been ranked among the world's most admired companies, according to a survey published in the March 21 edition of Fortune magazine. Raymond James Financial is the parent company of the broker/dealer with which Pyle Cunningham Wealth Management of Raymond James & Associates, Inc. at 3751 Robert Grissom Parkway, Suite 103, Myrtle Beach, SC 29577 is associated.

In a global survey that included companies in 32 countries, Raymond James is on the final list of 350 firms. The company ranked fourth among nine securities industry firms. Attributes judged included quality of management, social responsibility, quality of products or services, and financial soundness.

About Raymond James Financial, Inc.

Raymond James Financial (NYSE-RJF) is a Florida-based diversified holding company providing financial services to individuals, corporations and municipalities through its subsidiary companies. Its three principal wholly owned broker/dealers, Raymond James & Associates, Raymond James Financial Services and Raymond James Ltd., have more than 5,300 financial advisors serving 1.9 million accounts in 2,300 locations throughout the United States, Canada and overseas. In addition, total client assets are approximately $273 billion, of which approximately $35 billion is managed by the firm's asset management subsidiaries.

March 11, 2011

Pyle Cunningham Wealth Management of Raymond James Wins Myrtle Beach ICE Award

(Myrtle Beach, SC) – Pyle Cunningham Wealth Management of Raymond James was awarded the Incredible Customer Experience (ICE) award in the Financial category at the 5th Annual Myrtle Beach Area ICE Awards held at the Palace Theatre in Myrtle Beach on March 5, 2011.

The Myrtle Beach Area ICE Awards recognize 12 businesses and 12 individuals who have raised the bar of hospitality and service. The Myrtle Beach Area Chamber of Commerce organized the event and award process. Nominations were accepted from the community and finalists were selected in each of the 12 categories. An independent panel of judges voted anonymously on all categories for business and individual awards.

If you missed the ceremony on March 5, 2011, the event will be replayed on the local network channels listed below:

WBTW's sister station EBTW – Saturday, March 12 at 7 PM
WBTW – Monday, March 14, at 12 AM
WMBF's XTRA – Saturday, March 12, and Sunday, March 13, both at 8 PM
WWMB CW21 – Saturday, March 19 at 1:30 PM

For more information about Pyle Cunningham Wealth Management of Raymond James visit www.pylecunningham.com or call (843) 448-4422.

About Pyle Cunningham Wealth Management of Raymond James
Pyle Cunningham's clients are retiree's, successful business owners, executives, professional athletes and others at the tops of their fields. Members of the firm believe people who excel deserve service that excels. From the greeting you receive when you call the office to the state-of-the-art technology and nationally acclaimed equity investment research, everything Pyle Cunningham Wealth Management of Raymond James does reflects the firm's commitment to a distinctive level of financial planning service.

June 16, 2010

June 6, 2010 | Ronald Scott Pyle and Brian J. Cunningham become members of the institute of investment management consulting at Raymond James.

Myrtle Beach, SC – Ronald Scott Pyle and Brian J. Cunningham were selected to become members of the Institute of Investment Management Consulting. The Institute of Investment Management Consulting (IIMC) was developed to help financial advisors drive success in their consulting practices through educational programs, ongoing communications forums and networking with other financial advisors. The IIMC curriculum provides these advisors with advanced knowledge and concepts commensurate with many high level institutional money management consultants. IIMC members are selected based on their demonstrated commitment to pursuing a consulting approach in managing and growing their practices.

Ronald Scott Pyle and Brian J. Cunningham attended a 3-day certification program covering essential investment management consulting topics such as asset allocation, manager selection and portfolio construction. The curriculum culminated in an examination that required advisors to apply the major concepts covered during the program to client situations. By successfully completing the program and examination, Ronald Scott Pyle and Brian J. Cunningham earned the designation of Investment Management Consultant.

Ronald Scott Pyle and Brian J. Cunningham specialize in helping successful business owners, executives, professional athletes and others at the top of their fields.

About Asset Management Services

About Raymond James & Associates

Raymond James & Associates, which has built a national reputation during the past 47 years as a leader in financial planning for individuals, corporations and municipalities, is a wholly owned subsidiary of Raymond James Financial, Inc. (NYSE-RJF), a financial services holding company. Through its three principal broker/dealer subsidiaries, Raymond James Financial has more than 5,300 financial advisors serving 1.9 million accounts in 2,300 locations throughout the United States, Canada and overseas. In addition, total client assets are approximately $233 billion, of which approximately $31 billion are managed by the firm's asset management subsidiaries.

February 22, 2010 | New Building Annoucement

The new lease has been finalized and construction on the office of Pyle Cunningham Wealth Management of Raymond James & Associates will begin in early March 2010, with an expected completion date of May 15, 2010.

The new office will be located in the Beach First Center on 38th Avenue North and Robert Grissom Parkway in Myrtle Beach, SC. The office will be equipped with the latest technology and accompaniments that is consistent with the level of excellence you have come to experience with Pyle Cunningham Wealth Management.

We will continue to inform you of developments as the construction phase begins, and we hope you will check back often for pictures and updates on the building process.

Ronald Scott Pyle has been named to the Raymond James 2010 Leader's Club* in recognition of his unparalleled commitment to personal service and professional integrity. Members of the Leader's Club represent advisor's who strive to bring excellence to their client relationships.

* Membership is based mainly on assets under management, education, credentials and fiscal year production. Re-qualification is required annually since prior membership is no assurance of future membership.