Private Client Newsletter
Dear Investor,
The calendar had barely flipped to 2022 and investors were reminded that even attractive long-term stock returns come with a cost: volatility. The S&P 500 Index fell nearly 10% from January 3 through January 27 amid fears that the Federal Reserve (Fed) will have to get a lot more aggressive to fight inflation, before staging a 4% rally over the last two days of the month to end January down 5%. After such a steady march higher in 2021, the dip may have caught some investors off guard.
For those whose anxiety levels may have risen a bit last week, here are some numbers that may provide reassurance:
Client Announcements
1099 Forms
The vast majority of our client's 1099 forms have been mailed and are also available on Account View. If you need assistance accessing your 1099 online, please let us know. We're happy to assist your. You can also reference the screenshots below to see how to access your forms.
If you have not yet received your 1099, the second wave of forms were mailed on February 11th. The final wave of 1099s will be mailed on March 4, however that represents a very small percentage of accounts.
For more information on why some 1099s are mailed earlier or later than others, please see the blog post linked here.
WCF News
New Podcast Episode Now Available
At Wendell Charles, we know that financial planning truly is seperate from managing investments. Planning takes into account all areas of your financial life such as estate planning, insurance, group benefits, college savings, banking, debt, and more. Feel free to share this episode with friends or colleagues that need guidance with their overall plan! We appreciate your continued introductions and have grown our team to provide consistent, excellent service to all of our clients.
If you have not yet signed up for our planning membership, it starts at $1,200 annually ($300 per quarter) and allows us to dive into the details of your overall plan. For more information, contact us any time!
Financial Planning Tip of the Month
Revisit your Resolutions
Did you set any financial goals at the beginning of the year? Are you still on track?
If you need help or guidance with keeping your financial resolutions, let us know. We're happy to help!