“…the Fed has an out: it can “print money,” according to Roger Hewins, founder and president of Team Hewins. “I think there is a serious commitment to avoid negative rates, and those will not be necessary anyway,” Hewins said. “The Fed can ‘print money’ and buy assets, including fallen angel fixed income. That will be their most potent weapon.”
Forbes Best-In-State Wealth Advisors, developed by SHOOK Research, is based on an algorithm of qualitative criteria, mostly gained through telephone and in-person due diligence interviews, and quantitative data. Those advisors that are considered have a minimum of seven years’ experience, and the algorithm weights factors like revenue trends, assets under management, compliance records, industry experience and those that encompass best practices in their practices and approach to working with clients. Portfolio performance is not a criteria due to varying client objectives and lack of audited data. Neither Forbes or SHOOK receive a fee in exchange for rankings. View Patrice’s full Forbes profile here.