Broker Check
Napa Valley Wealth Management - St. Helena, CA

ECONOMIC, MARKET & ALLOCATION OUTLOOK | Q3 2019

Market Commentary | Published Quarterly | August 2019

For more than three decades, he's helped friends old and new, local nonprofits, and generations of families plan, build, and preserve their wealth.

As a Certified Financial Analyst (CFA), Kelly brought the tactical analysis of large institutional investors to individual clients 35 years ago.

I invite you to download our latest analysis of worldwide markets and economies.

One of the reasons I became a Certified Financial Analyst (CFA) was because my mother lost our family’s nest egg in the '80s off an advisor’s "hot tip." I determined then to become a financial advisor with a mission to help hard-working families and business owners pursue a disciplined, well-thought-out investment approach, based on quantitative analysis and risk reduction.  


In today’s markets, this is as important as ever. And it’s why these forecasts matter.

Instead of reacting to yesterday’s market, we’re looking forward—to future risks and opportunities. Instead of using a buy-and-hold strategy, we make ongoing tactical changes to consistently move away from risk and toward opportunities.

This year, I celebrate my 35th year as a wealth manager. My hope is that we’ve helped many pursue their financial goals—with a lot of heart and a lot less risk.  


To your fiscal health,  


With 35 years of experience and a Chartered Financial Analyst (CFA) credential, Kelly is highly skilled in quantitative methodologies for analyzing securities.A CFP® with more than 20 years of experience, Earl has a passion to help people steward their money in order to work toward their goals and dreams.Robert possesses substantial experience in creating complex financial plans and reports that both integrate intricate tax and investment scenarios and model future cash flows.Our clients enjoy the personal, attentive service of a boutique firm, coupled with institution-level, tactical investing and personalized financial planning. You can expect regular phone calls, updates, and questions.

Kelly Crane, CFP®, CLU, CFA, MBA
President & Chief
Investment Officer

Earl Knecht, CFP®
Vice President & CFO

Robert Mauer
Financial Services
Coordinator

Sara Aikman
Director of Client Relations & Operations

Read more about our Investment Policy Committee.


Categories: Market Commentary, Market Forecast, Market Volatility, Tariffs, Economic Forecasts, Stock Market Forecasts, Interest Rates




(ADV) Kelly Crane, CFP®, CLU, CFA, MBA; Earl Knecht, CFP®; and Gulia Beisenova are registered representatives with, and securities offered through, LPL Financial, Member FINRA/SIPC. Investment advice offered through Napa Valley Wealth Manage- ment, a registered investment advisor and separate entity from LPL Financial. Kelly Crane CA Insurance License Number 0668025. Earl Knecht CA Insurance License Number 0D32555. Gulia Beisenova Insurance License Number 0K92374.

The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly.

The economic forecasts set forth in the presentation may not develop as predicted, and there can be no guarantee that strategies promoted will be successful.

Stock investing involves risk, including loss of principal.

Asset allocation does not ensure a profit or protect against a loss.

An increase in interest rates may cause the price of bond mutual funds to decline.

International investing involves special risks, such as currency fluctuation and political instability and may not be suitable for all investors. These risks are often heightened for investments in emerging markets.

Mortgage backed securities are subject to credit, default, prepayment, extension, market and interest rate risk.
Investing in Real Estate Investment Trusts (REITs) involves special risks such as potential illiquidity, and may not be suitable for all investors.

There is no assurance that the investment objectives of this program will be attained.

Municipal bonds are subject to availability and change in price. They are subject to market and interest rate risk if sold prior to maturity. Municipal bonds are federally tax-free, but other state and local taxes may apply. If sold prior to maturity, capital gains tax could apply.

Bonds are subject to market and interest rate risk if sold prior to maturity. Bond values will decline as interest rates rise, and bonds are subject to availability and change in price. Interest income may be subject to the alternative minimum tax.