828-274-7844 | info@wofm.us
I hope you all are well, and that spring is springing in your neighborhood. Asheville is coming along in its recovery. Except for those hard-hit flooded areas of the region, things are mostly back to normal. What’s not normal were the market drops on Thursday and Friday. Across those two days, the S&P 500 dropped [...]
As we communicated earlier in the year, White Oak's registration with the SEC brings new requirements for ensuring clients have easy access to the regulatory documents under which we operate. Our up-to-date documents (ADV Part 2, Form CRS, Wrap Brochure, and Privacy Policy) can always be found on our website at this link: https://whiteoakfinancialmanagement.com/a-fiduciary-responsibility/. Or you [...]
As you are likely aware, the market is down roughly 10% from recent highs. While corrections such as these are not uncommon (we get one per year on average), this one seems worse because it is linked to the heated rhetoric about U.S. trade policies, deficits, and tariffs. It is important to understand that if [...]
Spring is upon us, and I hope you all are well. Asheville’s recovery continues although the progress is quite variable. Last fall’s storm was primarily a wind/tree event for some, a devasting flooding event for others. Those communities that experienced flooding will take much longer to recover. Thanks to all of you who have checked [...]
White Oak has experienced significant growth in the past few years, increasing both our number of clients and amount of assets under management. Therefore, we are happy to report that last August, White Oak shifted its registration from North Carolina (and other relevant states) to the Securities and Exchange Commission. In doing so, we updated [...]
Over the coming days, you may read or hear about a data breach at Fidelity. While we have not received any official information from Fidelity, the information that has come out suggests that impacted clients have already been informed. Further, the breach may have been limited to clients in Massachusetts, Maine, and New Hampshire. Below [...]
Dear White Oak Clients, Greetings from Asheville, NC - we're back in the office with power, phones, and internet access. We do not yet have water, but hoping that is not too far behind. Thank you to the many people who emailed, called, and texted us to inquire about our health and safety and to [...]
Greetings White Oak Clients, This is Brent working on Priestley's computer at a temporary office (a Starbucks in Charlotte). As most of you have probably heard, Asheville was hit very hard by Helene on Friday. Tremendous flooding, untold numbers of downed trees and blocked roads, power is out as is the internet, telephone, most cell [...]
I hope you are all well. Fall is in the air in Asheville with some nights cool enough to leave the windows open. The Federal Reserve is widely expected to begin a series of rate cuts when their meeting concludes on Wednesday. There is still debate among the talking heads about whether the cut will [...]
I hope you are all well and enjoying the summer. Last week, the market (S&P 500) decided to have a bit of a tantrum. The prior week, the market began a downward move on the back of declines in large-cap, technology stocks. Then last Monday, we woke up to the Japanese market (the Nikkei) dropping [...]
