Albion CIO Jason Ware, MBA, BFA™ spoke with the most widely circulated newspaper in the country, the USA TODAY, about the Dow Jones closing above 40,000. Is it meaningful? Ware (full context & quote): "Not really. The significance is [mainly] psychological. Investors love round numbers. And it's a reminder that if you're not in, you're out. You had better be in the room ... not standing on the outside with your face pressed up against the window." READ Paul Davidson's article for more. #investing #wealthmanagement #Dow40K #longterm #compounding https://lnkd.in/g822ufzh
Albion Financial Group
Investment Management
Salt Lake City, UT 1,007 followers
For over 40 years, guiding clients to a lifetime of good decisions.
About us
Established in 1982 in Alta, Utah and currently located in Salt Lake City, Albion Financial Group is an independent wealth advisor and investment manager. Over the last four decades Albion Financial Group has become a nationally recognized, locally respected, award-winning provider of customized wealth management services. From the firm’s humble beginnings, Albion Financial Group has grown into one of Utah’s largest privately held investment managers. Albion Financial Group’s suite of investment services includes in-depth market research, customized portfolio management, and comprehensive financial advising. As a fiduciary and as a fee-only advisor, Albion Financial Group measures success by how well we have done in guiding our clients to achieve their financial goals; not by the amount commissions received or investment products sold.
- Website
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http://www.albionfinancial.com
External link for Albion Financial Group
- Industry
- Investment Management
- Company size
- 11-50 employees
- Headquarters
- Salt Lake City, UT
- Type
- Privately Held
- Founded
- 1982
- Specialties
- Wealth Management, Financial Planning, Financial Advising, and Investment Management
Locations
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Primary
812 East 2100 South
Salt Lake City, UT 84106, US
Employees at Albion Financial Group
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Mike Kessler, MBA, BFA
Experienced investment manager with multi-asset expertise in equities, credit, securitized products, and alternatives
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Jason Ware, MBA, BFA™
Chief Investment Officer | Chief Economist
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José Treviño
Administrative Services Manager at Albion Financial Group
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Doug W.
Partner at Albion Financial Group
Updates
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Here's our Q2 2024 Market Recap with Mike Kessler, including economic data with earnings, valuation, interest rates, inflation, and more! https://lnkd.in/gq-jPMBP #wealthmanagement #investing #financialplanning #gooddecisions #albionfinancialgroup
Market Recap - Q2 2024 - Albion Financial Group
https://albionfinancial.com
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Albion CIO Jason Ware, MBA, BFA™ spoke with Forbes recently about our general economic and #markets outlook, including what might be in store for the second half 2024. Ware: “With more than $6 trillion in money market funds, one has to think that when rates eventually come down (#Fed cuts) that some of the money will find its way to stocks in search of better returns." For more READ the piece. #economy #stocks #inflation #interestrates #elections #AI #sentiment https://lnkd.in/gqjyBRxF
Stock Market Predictions For The Rest Of 2024 That Investors Should Pay Attention To
social-www.forbes.com
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Interesting week… stocks moved higher but were led by cyclicals rather than tech, especially Thursday/Friday as recent semiconductor market darlings (Nvidia, Taiwan Semi, Broadcom, Qualcomm, etc.) showed their first signs of fatigue. Meanwhile, rates moved higher despite macro that in the aggregate was a touch on the weaker side. And credit spreads moved wider despite the rally in cyclicals. Sometimes short term market movements just don’t make a ton of sense! On the macro front a couple of our leading indicator dashboard items fell sequentially, including: 1.) LEI fell sequentially once again, and is now 14.2% off the peak from the end of 2021 2.) US residential building permits extended their recent slide and are now red on the dashboard https://lnkd.in/gPRQyUxP #investing #financialplanning #wealthmanagement #gooddecisions #albionfinancialgroup
Weekly Market Recap - June 21, 2024 - Albion Financial Group
https://albionfinancial.com
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Did your kids graduate with excess #529 money? Don't let it sit idle! Discover the smart way to leverage these funds for #retirement. READ this article from Albion's newest Financial Planner Anders Skagerberg, CFP®, EA.
From College Savings to Retirement: How to Fund a Roth IRA with Extra 529 Money
Albion Financial Group on LinkedIn
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Interesting week… FOMC: “We’re reducing our consensus outlook to include only one 25bp rate cut prior to year-end.” Markets (fed fund futures, rates, stocks, etc.): “We don’t believe you. We’re going to bake in increased odds of a second rate cut before year-end.” The reason that markets are once again playing chicken with the Fed (despite losing literally every round so far in this cycle) is that inflation data came in lower than expected across the board last week, including CPI, PPI, and import/export prices. Not to mention another uptick in weekly initial jobless claims that is getting close to the range where it could actually mean something. Stay tuned! https://lnkd.in/gCW9ckPW #investing #financialplanning #wealthmanagement #gooddecisions #albionfinancialgroup
Weekly Market Recap - June 14, 2024 - Albion Financial Group
https://albionfinancial.com
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Mixed signals… early in the week some soft(ish) manufacturing and labor market data had futures markets all but convinced that multiple rate cuts by year-end were nearly a sure thing. But then Friday’s stronger-than-expected monthly jobs report from the BLS (+272 NFP, +4.1% y/y avg hourly earnings) sent those same folks running for cover (covering their rate cut bets, that is). Along the way, stocks were higher in the aggregate, with large cap tech leading the way thanks to another 10% rise in NVDA (although that dynamic faded a bit later in the week). Enjoy! https://lnkd.in/ek2FX6-7 #wealthmanagement #investing #financialplanning #gooddecisions #albionfinancialgroup
Weekly Market Recap - June 7, 2024 - Albion Financial Group
https://albionfinancial.com
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School's out for summer and our volunteer work with Utah Food Bank's Mobile School Food Pantry program has concluded for the season. During the last nine months our team visited Woodrow Wilson Elementary and helped deliver 40,256 pounds of food to 13,102 individuals, 7,071 of whom under the age of 18. Overall this year the program was able to distribute more than 1,346,458 pounds of food, the equivalent of 1,122,048 meals, to children and their families impacted by food insecurity in Utah. #UFB has expanded their services this year to fight hunger statewide, including new pantries that are serving the Navajo Nation which experiences acute food insecurity. We appreciate the work they are doing and look forward to volunteering with them again next school year! #volunteering #fightinghunger #gooddecisions #albionfinancialgroup
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Interesting month, bit of a see-saw as #market participants digested the #FOMC meeting / press conference, and then the meeting minutes 3 weeks later. Then at the end of the month, a downwardly revised GDP print sent rates lower and took a bit of pressure off of stocks. Q1 earnings also helped, especially for #AI theme stocks. https://lnkd.in/gr7tJ7rY #investing #financialplanning #wealthmanagement #gooddecisions #albionfinancialgroup
Monthly Market Recap - May 2024 - Albion Financial Group
https://albionfinancial.com
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Albion CIO Jason Ware, MBA, BFA™ joined CNBC this morning to discuss The Walt Disney Company stock (DIS) amid reporting that Nelson Peltz's Trian Partners has completely exited their stake. Ware: "Trian selling doesn't mean much. Peltz and his hedge fund were always going to be short-term money. They came in, agitated for change, got pounded at the annual meeting but also feel like they got what they wanted - in particular improved cost focus from Iger. Peltz picked up a tidy little profit for the firm and they've now moved on. At Albion we're investors not traders, and we still like the business on a longer term basis. So we don't see this development as a reason to make any changes." #investing #wealthmanagement https://lnkd.in/gv-Mr3jV
Disney shareholder on Nelson Peltz's decision to dump the stock
cnbc.com