the 2nd week of February 2021
Environmental Social Governance
Formerly Skye Advisors LLC, Sustainable Advisors Alliance LLC (SAA) formed took shape when some of the brightest minds and most experienced advisors began to explore what we could accomplish if we combined all of our skills and knowledge to work for each other…and for the benefit of our collective clients.
Skye Advisors LLC was a Fee-Only-ESG-Fiduciary-RIA domiciled in Oklahoma, but we soon found that the reach of our clients and the combined value of our portfolios called for us to be registered with the SEC. Tuesday, January 5th, 2021 opened with the Sustainable Advisors Alliance (SAA) receiving our notice from the SEC that our filing had been accepted and we were up and running. 😊 why does this matter to you?
Registered Investment Advisors (RIAS) are a fiduciary and have a duty to act in your best interests, all day, every day. For more about sustainable / impact investing go to our website: www: Sustainableadvisorsalliance.com
To reach the editor of this letter email email@example.com
Founding Members: we will list new partners as they leave their former firms and join SAA.
Ø Julie Skye | Tulsa OK
Ø Krista Strohoffer | Boulder CO
thoughts as we finish out this 3rd week of February 2021
FAFN- Schwab accounts will move to SAA-Schwab last week of February and I will not be able to access to your account from February 23rd - the 25th: if you anticipate needing funds during that time let me know ASAP: you will always have access to your accounts. Skye-Schwab accounts will move into SAA-Schwab by month end as well. 😊 Why does this matter to you? As we complete Phase 1, we will focus on your risk tolerance and your Investment Policy Statement.
Fund Spotlight | Zevin Asset Management
One of the new strategies we will be bringing clients is a Separately Managed Account (SMA) where you actually own the individual securities. Here is a summary of Zevin’s 2020 impact:
In the fourth quarter of 2020, Zevin engaged these companies:
-Pressing Kroger to make enhanced paid sick leave permanent.
-Co-sponsoring a diversity and inclusion resolution at Home Depot.
-Leading climate change proposals at Expeditors Intl and UPS.
-Writing to companies about election integrity and voter suppression.
Partner Profile | the face of financial advice just got brighter.
Julie Skye | Julie launched Skye Advisors in December 2017 when she combined her experience with her passion for Sustainable – Impact Investing. Building and managing investment portfolios using the Triple Bottom Line, Sustainable Advisors Alliance turns money into change agents that enable investors to tackle the issues of our day. Reach Julie at 918-408-7981: firstname.lastname@example.org
Krista Strohoffer | Krista has specialized in Sustainable Responsible Investing (SRI) since 1999 and is a founding partner in the Sustainable Advisors Alliance. She looks at the environmental, social and governance (ESG) records of a company as how a company treats its employees, its community, the environment, and the consumers tells how well that company is likely to compete, long term. Reach
Krista at: 303.413.6025 & email@example.com
Required Disclosures: always read the fine print! The foregoing content reflects the opinions of Sustainable Advisors Alliance LLC and is subject to change at any time without notice. Content provided herein is for informational purposes only and should not be used or construed as investment advice or a recommendation regarding the purchase or sale of any security. There is no guarantee that any statements, opinions, or forecasts provided herein will prove to be correct.
Past performance may not be indicative of future results. Indices are not available for direct investment. Any investor who attempts to mimic the performance of an index would incur fees and expenses which would reduce returns. Securities investing involves risk, including the potential for loss of principal. There is no assurance that any investment plan or strategy will be successful.
A series of market regime changes punctuate the opening of 2021, and investors should not be caught unaware, according to DoubleLine Capital CEO Jeffrey Gundlach. “I don’t believe we’ve left the recession yet,” despite a return to GDP growth and a market recovery, he said. By his definition, a recession does not end until GDP returns to pre-Covid levels. U.S. GDP growth has averaged about 2.5% over the past five years, and even with the recovery in the third and fourth quarters, the economy is about $1 trillion below where it was in production. He warned that valuations are overheated across most financial markets, especially in U.S. stocks and bonds. Bonds, in particular, are overvalued, said Gundlach. 😊 Why does this matter to you? I will always be looking at what could go wrong…even in the midst of things seeming to be roses and sunshine.
😲 Why does this matter to you? I have owned lower quality bonds, also known as “Junk Bonds,” since my First Investors days and the trick with risky assets is to know what you own. If you do your homework you will understand the kind of risk, you are taking…as all bonds have some sort of risk. This chart above shows, though…how the 2020 Pandemic selloff hit junk bonds hard…this ETF, HYG…fell from $84 to $68…24%! Do not assume because it has “bond” in the title, it is something your Grandmother might own.
😊 Why does this matter to you? I have increased the age you are expected to live to 100 in our financial planning software…and this chart will help you see why! When I tell clients this they often reply “Geeze, I don’t know if I want to live that long!” We need to understand “when will you run out of money.” Want more details? https://www.statista.com/chart/18826/number-of-hundred-year-olds-centenarians-worldwide/