We thoroughly enjoyed hosting clients and our partners from Charles Schwab at the Boar’s Head Resort in Charlottesville on April 26th. Charles Schwab provided interesting insights on offerings from their Banking, Trust, and Charitable groups. We will host more events like this in the future...
US stock markets came under pressure in mid-March as investors scrutinized the banking system and a few banks experienced “bank runs.” We believe the Federal Deposit Insurance Corporation (FDIC) stemmed the bank runs on Sunday March 12th by backstopping depositors of Silicon Valley Bank (SVB),...
Morris & Wells Wealth Management begins 2023 enthusiastically and with eyes on guiding the firm through future decades. As 2022 drew to a close the stock market demonstrated less enthusiasm. Table 1, below, shows that at the time of writing the S&P 500 was on track for...
Darrell & King has been delighted to support the Charlottesville Albemarle SPCA since 2014 and is thrilled to continue that support while proudly becoming Morris & Wells Wealth Management in 2023. ...
Beth & John traveled to Denver to attend Charles Schwab’s annual IMPACT Conference for Registered Investment Advisors who custody clients’ assets on the Schwab platform. They had to fend off the giant bear knocking at the conference entrance. However, they survived to gather information and...
I believe names have significance. I started this company in 1975 as John Stewart Darrell & Co. and ran it as such until 1994. At that point, the partnership between myself and Charlie King that began in 1986 had grown and developed and I believed...
One might describe the year-to-date stock market performance, at the time of writing, as lackluster. The S&P 500 index has declined 20.5% and Value Line 1700 has declined 22.7%. We have previously discussed some of the reasons for this downturn in our newsletters. So, we would like...
We had hoped that we were moving on from global calamities – at least for a brief respite. However, despite our first quarter newsletter proving fairly accurate in terms of the Omicron Covid-19 variant, in March the world watched as Russia invaded Ukraine. Not only did we...