Family Legacy Wealth Partners Quarterly Newsletter Jan-Mar 2023
At our last Market Perspectives breakfast, I shared the idea that each of you is more than just a dollar amount on a statement (or a number following you around, like that cute commercial). I shared that those numbers mean more, and when those numbers go up and down (as they always do with the market), it is concerning because something bigger is at play.
We feel like we are watching our goals slip away. But are they? Can you still achieve these big dreams amidst a market downturn? Do you even know what those big ideas are? Or are you just looking at a number and feeling uneasy?
As a theme throughout 2023, the Legacy Wealth team is leaning into that curiosity. We are getting more curious about you and who you are. We challenge you to get curious as well, about the meaning of your money and the role it plays in your life. We will be incorporating and identifying ways to better understand what your money means to you and to understand what you need and expect from us.
I challenge you to get curious about yourself. What are your needs, wants, big dreams, and wishes for the future? We’ll be asking!
A New Look
Our newsletter looks a little different in 2023. We are providing you with custom content to fit your stage of life and those frequently asked questions which accompany it. We hope this more personalized information will bring you greater value and empower you to get curious.
In addition, we will be sending a quarterly update to share happenings in the industry, upcoming events, important information and how our team is working to move the ball forward for you. We will provide a peak behind the scenes of our team so you can get acquainted with our “why”.
We invite you to ask questions and get curious about us as well. If you are turning over an issue in your mind which you just can't quite figure out – ask us! We might not always have the answer, but we sure do our best to help you figure it out.
We are excited by this new beautiful and functional format and all that we have in store for you in 2023.
Office Happenings
Last quarter, we had a new team member join us- please help us continue to welcome Deborah Moultrie as our Office Manager. She comes to us with many years of office experience and has a wonderful smile and inviting personality. We are confident she will be able to assist when you call in and help us keep our office running smooth.
We hosted our 5th Annual Pound for Pound Food Drive! As always, you did not disappoint! Over $2,500 was raised and FLWP matched this result pound for pound with a grand total of: $4,525.
The bells were jingling when Santa visited our office for a Santa’s Workshop. Our smallest clients enjoyed a visit with the big man himself and stayed for crafts and a sugar-laden hot chocolate bar. The joy of the children filled the office with laughter and cheer!
Looking Ahead
Our long-time team member, Anne, will be heading out for a new adventure. At the end of January, she will leave fair Michigan and head east to plant new roots in Delaware. Closer to her grandbabies and the beach, she is looking forward to this new journey but will very much miss you!
Market Highlight:
As interest rates aggressively increased this past year, they rippled over to money market accounts and short-term individual bonds. If you are looking for some alternatives for your cash, give us a call. We are helping clients find 3-5% rates for their short-term needs.
For a look ahead on the markets as we enter into 2023 read more HERE. As Raymond James' Chief Investment Officer Larry Adam said, “Our forecasts and outlook for 2023 reflect more positive, albeit more muted returns.”
