Good day, In observance of Juneteenth, the offices of Omega Wealth Management are closed to commemorate the struggles faced by Black people then, and still, in pursuit of equity, justice and freedom.  We at Omega continue to strive to create more diversity and opportunity through our efforts with our clients, within the community and profession.  We will reopen open on Thursday, June 20th. We are grateful for your partnership and share this moment of reflection with you. Let us continue to work towards building a future where every individual is… Read More

Check out SEI’s latest Monthly Tech Tips release below: You may have seen news reports on the evolution of ransomware; this cyberattack is now being used to extort huge paydays from companies and governments. The problem has grown serious enough for the White House to warn organizations to better prepare for these attacks, which lock up vital data—and, increasingly, threaten to release it publicly. Ransomware remains a threat to individual computer users, too. The good news is that whether you’re protecting your personal information or your employer’s intellectual property, the tips from… Read More

Falling Rates and Climbing Vaccinations Boost Equities, Bonds and Commodities. The broad-based advance in equities, commodities and riskier fixed-income assets accelerated as interest rates generally declined, and vaccinations climbed around the world. Listen as Kevin Barr, Head of SEI’s Investment Management Unit, reviews the global financial markets in the second quarter. Watch the video here.

From our friends at CNR: We got a first look at GDP growth for this year, and the number was quite strong. It came in at 6.4% which is about twice as strong as the long-term average. Listen to Managing Director and Senior Portfolio Manager, Paul Single, as he discusses this further. Click Here for Video

From our friends at CNR: The U.S. economic reopening continues to gather steam. Equity prices continue to rise, and a combination of stimulus, easing of virus fears, and continuing vaccinations is driving a surge in spending. Charles Boettcher, Managing Director and Senior Portfolio Manager, provides a market update in our latest Market Perspectives video commentary. Click Here for Video

Check out SEI’s latest Monthly Tech Tips release below: Privacy and security are more than a compliance issue; businesses now view them as mission-critical priorities. That’s one of the big takeaways from a recent Cisco study that found enhanced importance of privacy protections during the pandemic, as well as benefits for businesses that adopt strong data-security measures. Upheaval At a time of disruption and uncertainty due to the pandemic, people have been suddenly expected, and at times required, to share their personal information to help curtail the spread of COVID-19. At the… Read More

By Jared Jones CFP®, CIMA®, CeFT® Over the last 12-months some new trends in the investment world have started to emerge.  That’s to be expected when you go through a paradigm shifting event like COVID.  We can look back over past market crisis and see plenty of new trends emerge – most recently, the rise of index and ETF investing which came out of 2008/2009. The lexicon of investing has added some new terms over the past few months.  If you haven’t been keeping up I’ll review a few here,… Read More

Recovery Rolls On As COVID-19 Cases Climb. COVID-19 infections peaked among U.S. residents in late July and continued to fall through mid-September, before rising once again by quarter’s end. SEI senses that the next few months of what has already been an eventful year could prove critical to the future course of the global economy and financial markets. Kevin Barr, Head of SEI’s Investment Management Unit, provides an overview of the global financial markets and SEI’s perspective on them for the quarter. Watch the video here.

From our friends over at CNR: We’ve got some good news, and the aspect that the economy is growing at a pace much faster than many had anticipated just a few months ago. In fact, the Federal Reserve Bank upgraded their view on the economy, the labor markets, and inflation. Paul Single, Managing Director and Senior Portfolio Manager, goes into further depth in our Economic Perspectives video commentary. Click the link below to view. https://go.cnr.com/e/82322/insights-html-video-m831khj4y7/5p3gtq/618402543?h=kEb6XqbzeEUyXAzFpe38jH71GGbx9-BLenVHpieA26g