The tariffs and how investors should respond is a topic on many American’s minds – and as the implications continue to unfold, members of the press may need some fresh sources to opine. Impact Communications is proud to represent hundreds of amazing financial experts.

​For instance, Brian Huckstep, CFA®, CFP®, anticipates tariffs will continue affecting portfolios, noting, "Higher prices reduce consumer purchasing power, impacting corporate earnings." He suggests the economic impact may already be reflected in stock prices, citing a 10% S&P 500 drawdown. However, he warns of potential inflationary effects yet to be fully realized in the market.

Jonathan Chandler, CFA®, says , a 50-stock defensive index may be the way to go, adding “The structures which enabled the US to prosper over the past 80 years have been shredded, creating a perilous economic environment. This has negative long-term implications for investors. Short-term traders may in fact do better in this environment than long-term investors.”

Nell Cordick, CFP®, offers a 10-point check list – something she uses with Bogart Wealth clients during market growth periods to discuss the future when there will be a downturn.

Mike Bisaro, AIF®, says that in almost all cases, assets invested for the long-term should stay invested. History has shown us that missing a few of the best-performing days when the market recovers can significantly reduce your long-term performance. Ensuring you have a properly diversified portfolio may help reduce risk, smooth out performance, and allow you to stay invested and take advantage of developing opportunities.

​Amy Hamasaki, CFP®, talks about tariffs and their impact on the domestic labor market, explaining that a tariff is essentially a tax on imported goods to make them more expensive. The theory here is to increase the cost of imported goods and thus make them less attractive, enticing domestic consumers to purchase goods domestically. She goes on to explain how these increased costs may impact living expenses for many Americans.

Bogart Wealth announced that it has introduced Jeffrey Fuhrman, an experienced industry executive, to the team as President.

​“We’re thrilled to announce Jeffrey Fuhrman as the new President of Bogart Wealth and introduce him to the team,” said James Bogart, CFP®, ChFC®, CEO & Founder of Bogart Wealth. “Jeff has an incredible track record of leading firms across a variety of industries through significant growth and transformation, and we’re confident that he’ll be an asset in aiding our growth efforts for years to come.”

Bogart Wealth announced that it has closed on a minority, long-duration investment from Constellation Wealth Capital (CWC), a long-term strategic investor that provides capital solutions exclusively to wealth management businesses and multi-family offices.

This minority investment in Bogart Wealth will be used to further enhance the firm’s client services, technology solutions, recruitment initiatives, marketing activities, and more. Bogart Wealth remains a proudly independent registered investment adviser (RIA), with employees being the overwhelming majority owners of the business.

Bogart Wealth, an award-winning, independent wealth management and Registered Investment Advisory firm, was named to multiple lists of top financial advisors and fastest-growing companies in national and industry publications over the last few months. This recognition was highlighted by the firm being named to Forbes’ 2024 list of America’s Top RIA Firms and CEO James Bogart, CFP®, ChFC® being selected as one of Barron’s Top 100 Independent Financial Advisors.

In Forbes’ 2024 list of America’s Top RIA Firms, Bogart Wealth was ranked #23 nationally and was listed as the top overall firm in Virginia. Bogart Wealth has been featured in the Top RIA Firms ranking since the list’s inception in 2022, and James Bogart and Senior Vice President Nell Cordick, CFP® have both been previously featured in various individual advisor rankings.

Bogart Wealth was named to multiple lists of top financial advisors and fastest-growing companies in national and industry publications over the course of the first few months of 2024.
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“It’s an honor to be recognized by these top-tier publications,” said Bogart. “We work hard for our clients every day, and all of this recognition reinforces the value we strive to bring to our clients’ lives. Also, I’d like to give a special shout out to the fantastic team at Bogart Wealth – without them, none of these achievements would be possible.”

Bogart Wealth was named to multiple lists of top financial advisory firms and fastest-growing companies in national and industry publications over the past couple months, including being named the top RIA firm in Virginia by Forbes and SHOOK Research.

​In the 2023 list of America’s Top RIA Firms, in addition to being listed #1 overall in Virginia, Bogart Wealth ranked 30th nationally in the industry-leading rankings program – up from #2 and #41 respectively in the 2022 rankings. This recognition comes on the heels of CEO James Bogart being named Forbes’ top Next-Gen Wealth Advisor in Virginia in the 2023 list of Best-In-State Next-Gen Wealth Advisors, which was released just a few months ago.

Bogart Wealth was named to multiple lists of top financial advisors and fastest-growing companies in national and industry publications over the past couple months.

CEO James Bogart was named Forbes’ top Next-Gen Wealth Advisor in Virginia in the 2023 list of Best-In-State Next-Gen Wealth Advisors, coming in at #33 overall in the 2023 list of America’s Top Next-Gen Wealth Advisors. Bogart was also named a 2023 ThinkAdvisor Luminaries finalist for Executive Leadership among RIA firms.