Sanibel Captiva Trust Company Hosts 2017 Economic Outlook
Posted on January 18, 2017
The Sanibel Captiva Trust Company hosted its 2017 Economic Outlook on Wednesday, Jan. 11 at The Sanctuary Golf Club for approximately 80 clients and special guests. Presenters Ian N. Breusch, CFA, Chief Investment Officer and Andrew Vanderhorst, CFA, CFP, CLU, Senior Portfolio Manager were two members of the firm’s robust investment management team. Their other team members were also present for questions and answers with the audience.
“Today’s forum is the ideal opportunity to showcase the breadth of our portfolio management team, including both youth and maturity – from Ian and Andrew to our Sanibel market president, Dick Pyle,” said Al Hanser, founder and chairman. “Our clients may expect an array of talent available to meet their needs,”
Vanderhorst presented a review of the 2016 economy and discussed the “Trump Effect” on the market. The eventual implications of Donald Trump’s election remain unknown, but Vanderhorst advised that clients take a wait and see approach, keeping a long-term view as one of the takeaways.
Breusch discussed the strength of the U.S. dollar versus other countries’ currencies, and the historical low real interest rate. Although bonds are still considered relatively expensive in most portfolios, they may become more of a regular component if interest rates continue to rise. Oil and energy was a popular topic, as well.
The Sanibel Captiva Trust Company’s approach to a healthy portfolio is crafting a long-term financial plan and adhering to that plan. “Through the good and bad cycles, adherence to the plan is key,” said Breusch. The Trust Company builds each portfolio based on client’s needs and goals – using primarily individual stocks and bonds. “Investors deserve to know what they own and why they own it,” said Breusch, “which makes it easier to stick to a long-term plan and historically results in the most successful outcomes.”
Photo: Andrew Vanderhorst, CFA,CFP®,CLU®, Senior Portfolio Manager, Al Hanser, Founder & Chairman, Ian Breusch, CFA, Chief Investment Officer
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