money markets

This strategy fell out of favor, but it may be poised for a return. • Learn more at thriventfunds.com • Follow us on LinkedIn • Share feedback and questions with us at podcast@thriventfunds.com • Thrivent Distributors, LLC is a member of FINRA and a subsidiary of Thrivent, the marketing name for Thrivent Financial for Lutherans.

As 2023 comes to a close, this episode looks at what may be in store for the year ahead and covers things that investors and financial advisors should be considering going into 2024. Kim speaks to the state of the US market going forward and the outlook for international markets in the coming year. In addition, we take a closer look at why Kim views actively managed ETFs as superior, more tax efficient vehicles to mutual funds for investors. Lastly, we learn more about Main Management’s firm culture and how Kim, and his partners, have created such a sticky culture there.

Key Takeaways

• [02:52] - Kim’s professional background and career highlights.
• [04:32] - What makes Main Management really stand out as a firm?
• [06:13] - Kim’s current thoughts on the economy and  his outlook for 2024.
• [08:02] - Kim’s view on interest rates and how investors should be treating their bond allocations.
• [09:26] - Advice for income oriented advisors who want to stick their investment dollars into money markets.
• [10:30] - The state of the US market going forward and the argument for staying diversified.
• [11:55] - Kim’s philosophy around sector rotation and what sectors look attractive to him now.
• [13:43] - Council for investors concerned with income generation and de-risking their equity allocation.
• [15:23] - The outlook for international markets in 2024.
• [17:01] - How Main Management helps mitigate the tax burden for their clients.
• [19:31] - Why Kim views the ETF as a superior vehicle to mutual funds for investors.
• [21:46] - The importance of firm culture and how Kim has excelled in this area.
• [25:00] - Kim’s favorite investment idea currently.

Quotes

[04:34] - "When we founded the firm 21 years ago, we wanted to build the strategies using liquid, transparent ETFs, which for all intents and purposes had really just started at that point. There were only one hundred, there are thousands of them today…but what we wanted to deliver, the why for the business, was we wanted to have a client first, exceptional service and deliver on expectations." ~ Kim Arthur

[12:00] - "…Out of the eleven industry sectors that build up and make up the S&P 500, we typically overweight four of those. I’d love to be able to tell you ‘hey, every year all four of those are at the top of the price performance chart,’ but it usually does not end up that way. There’s typically a split of two of them up at the top and two of them at the bottom…[so] I like to say they’re ‘seasoning.’ " ~ Kim Arthur

Links

• Kim Arthur on LinkedIn
• Main Management
• “Surrender” by Cheap Trick
• Elon Musk by Walter Isaacson

Connect with Us

• Meet Rusty Vanneman, Orion’s Chief Investment Officer
• Check Out All of Orion’s Podcasts
• Power Your Growth with Orion

Compliance Code: 0067-OPS-1/9/2024

Disclosure(s)

Orion Portfolio Solutions, LLC, an Orion Company, is a registered investment advisor.

Kelley covers retirement savings strategies to consider and some to at least give a second thought.  She discusses fixed annuities, Roth IRAs, Dividend Aristocrats, and Health Savings Accounts as some vehicles to strongly consider.  She stresses being properly proportioned as to how much you keep in a savings account, the pros and cons of CDs and Money Markets, and how much you should have in low risk investments.  She also talks about the Fed and the effect that rising interest rates could have on your portfolio.

You can reach Kelley Slaught by calling 800-810-8060.

California Wealth Advisors

See omnystudio.com/listener for privacy information.

Alan covers retirement savings strategies to consider and some to at least give a second thought.  He discusses fixed annuities, Roth IRAs, Dividend Aristocrats, and Health Savings Accounts as some vehicles to strongly consider.  He also stresses being properly proportioned as to how much you keep in a savings account, the pros and cons of CDs and Money Markets, and how much you should have in low risk investments.  He talks about the Fed and the effect that rising interest rates could have on your portfolio.

You can reach Alan Cantrell by calling 479-935-9767.

Retirement Strategies Group of Northwest Arkansas

See omnystudio.com/listener for privacy information.

Marty covers retirement savings strategies to consider and some to at least give a second thought.  He discusses fixed annuities, Roth IRAs, Dividend Aristocrats, and Health Savings Accounts as some vehicles to strongly consider.  He also stresses being properly proportioned as to how much you keep in a savings account, the pros and cons of CDs and Money Markets, and how much you should have in low risk investments.  He also talks about the Fed and the effect that rising interest rates could have on your portfolio.

You can reach Marty Nevel by calling 888-519-9096.

Smart Money Solutions

See omnystudio.com/listener for privacy information.

Kristina covers retirement savings strategies to consider and some to at least give a second thought.  She discusses fixed annuities, Roth IRAs, Dividend Aristocrats, and Health Savings Accounts as some vehicles to strongly consider.  She also stresses being properly proportioned as to how much you keep in a savings account, the pros and cons of CDs and Money Markets, and how much you should have in low risk investments. She talks about the Fed and the effect that rising interest rates could have on your portfolio.

You can reach Kristina Ping Kepperling by calling 844-823-6387.

Powerful Legacy Insurance and Financial Services

See omnystudio.com/listener for privacy information.

Sam, Andi, and Luke cover retirement savings strategies to consider and some to at least give a second thought.  They discuss fixed annuities, Roth IRAs, Dividend Aristocrats, and Health Savings Accounts as some vehicles to strongly consider.  They also stress being properly proportioned as to how much you keep in a savings account, the pros and cons of CDs and Money Markets, and how much you should have in low risk investments.  They talk about the Fed and the effect that rising interest rates could have on your portfolio.

You can reach Duell Financial Strategies by calling 866-203-7486.

Duell Financial Strategies

See omnystudio.com/listener for privacy information.

Fred covers retirement savings strategies to consider.  He discusses fixed annuities, Roth IRAs, Dividend Aristocrats, and Health Savings Accounts as some vehicles to strongly consider.  He also talks about the Fed and the effect that rising interest rates could have on your portfolio.  In his Stump the Guru segment, Fred answers a question about whether to take a lump sum or monthly benefit.  You can submit your question to Fred by visiting www.moneymattersusa.net.  Click podcast and Stump the Guru.

You can reach Fred Saide by calling 800-593-8188.

Money Matters USA

See omnystudio.com/listener for privacy information.

Original publish date: August 12, 2020

Inside this episode:

• Alessandro Roccati from the banking team explains how coronavirus-driven demand for contactless digital financial services, along with remote work, are raising the cyber threat to banks. (begins at 8:21)
• Steve Tu of the asset management team looks at how the latest US government intervention in money markets could signal an eventual phaseout of institutional prime funds. (begins at 1:45)

Related content:

1. Money Market Funds – US: Most recent intervention could mark a turning point for institutional prime funds - Large sponsors are now exiting the product rather than risking having to support their institutional prime funds.
2. Cyber risk rises as coronavirus drives increased digital banking and remote work - Social distancing has increased digital banking and remote work by bank employees, leading to increased cyber risk. Most banks have developed cyber risk awareness and mitigation measures.
3. Moody’s Banking Series - ​​The Series digital program is free and offers exclusive interviews, thematic panel discussions and regional deep dives.​