Congratulates to Alev Lewis for being listed in Los Angeles Business Journal’s “Most Influential Wealth Managers”. Alev’s commitment to serving clients, entrepreneurial spirit and collaborative mindset makes her a true inspiration to our team and a pillar of the Los Angeles business community.
Summary U.S. equities saw robust returns in the month of July. Strong consumer spending supported a 4.1% annualized growth in gross domestic product (GDP), the largest quarterly increase since 2014. U.S. manufacturing growth remains solid, even though foreign demand has fallen slightly. The unemployment rate ticked higher (increased by 0.2% in June) and though wages […]
Summary U.S. equities ended up for the month of June, as the U.S. economic expansion enters its 10th year. U.S. manufacturing data posted a smaller rate of growth as output and new orders increased at the slowest rates since November 2017. Consumer and business spending have increased as the unemployment rate continues to fall (down […]
The Entrepreneur Of The Year® program, founded by EY, has recognized the endeavors of exceptional men and women who create the products and services that keep our worldwide economy moving forward. Since its inception, Entrepreneur Of The Year has grown dramatically and now includes programs in more than 145 cities and more than 60 countries […]
June is Lesbian, Gay, Bisexual and Transgender (LGBT) Pride Month. Around the world the LGBT community gathers annually to celebrate and honor with pride the diversity and richness we contribute to society. The tradition allows members of the LGBT community (including me) to reflect on our history and our accomplishments as a community, as well […]
Summary U.S. equities ended up for the volatile month of May, which pushed year-to-date returns back into positive territory. Manufacturing data in the U.S. continued its impressive two-month run, as strong demand outpaced production capacity. Consumer confidence has risen to a 17-year high, which coupled with a decreasing unemployment rate, rising income, and the benefits […]
On Saturday, May 19, 2018, and in conjunction with Financial Planning Association of Los Angeles, Amy Born & Joe Rosol conducted one-on-one personal financial counseling sessions with Habitat Partner Homebuyers. With the support of community partners, donors and volunteers, Habitat LA constructs new or renovates existing homes alongside Habitat Partner Homebuyers. In addition to a […]
On May 18th, Acacia Wealth attended NAWBO-LA’s 32nd Annual Leadership and Legacy Awards Luncheon. The annual event celebrates connections and brings a legion of successful women business owners and leaders together. The National Association of Women Business Owners – Los Angeles (NAWBO-LA) is one of the organization’s leading and innovative chapters since its beginnings in […]
On May 5th, the AIDS Assistance Program held its 25th annual Evening Under the Stars gala. Evening Under the Stars is the largest annual fundraiser for the AAP – Food Samaritans, a non-profit organization that provides nutritional support for low-income people living with HIV/AIDS and other chronic illnesses in the Coachella Valley. The event honored a […]
Summary U.S. equities ended up slightly for the month of April, but remained in negative territory year-to-date. Manufacturing data in the U.S. saw significant improvement as new business rose at a pace not seen in over three-and-a-half years. Strong demand, higher oil prices, and recently introduced tariffs have increased inflationary pressures with factories reporting a […]
Acacia Wealth Advisors is registered with HighTower Securities, LLC, member FINRA and SIPC, and with HighTower Advisors, LLC, a registered investment advisor with the SEC. Securities are offered through HighTower Securities, LLC; advisory services are offered through HighTower Advisors, LLC.
This is not an offer to buy or sell securities. No investment process is free of risk, and there is no guarantee that the investment process or the investment opportunities referenced herein will be profitable. Past performance is not indicative of current or future performance and is not a guarantee. The investment opportunities referenced herein may not be suitable for all investors.
All data and information reference herein are from sources believed to be reliable. Any opinions, news, research, analyses, prices, or other information contained in this research is provided as general market commentary, it does not constitute investment advice. The team and HighTower shall not in any way be liable for claims, and make no expressed or implied representations or warranties as to the accuracy or completeness of the data and other information, or for statements or errors contained in or omissions from the obtained data and information referenced herein. The data and information are provided as of the date referenced. Such data and information are subject to change without notice.
This document was created for informational purposes only; the opinions expressed are solely those of the team and do not represent those of HighTower Advisors, LLC, or any of its affiliates.