Monday, Mar 15

Talking Points of the Week for Financial Advisors (3/15)

As an OCIO, Helios distributes a 19-page Weekly Report to member firms every Friday, which includes risk level summaries, model allocations, detailed model positioning information, market index information, and much more. Here, we are sharing discussion points for Financial Advisors to use with their clients which we provide in the Weekly Report.

President Biden signed the latest relief package into law on Thursday with the first round of checks potentially hitting this weekend. In a public address on Thursday Biden also announced he will push to have all adults eligible for the vaccine by May 1st.

February headline CPI rose 0.4% (1.7% vs. last year) which was mostly driven by an increase in energy prices, notably natural gas. The increase matched median consensus forecasts, while the core figure of 0.1% was weaker than expected, given slack in the labor market.

Consumer sentiment increased in early March, after an unexpected drop in February. An increase in future expectations, which rose 6.8 points, as well as a slightly smaller increase in current conditions, pushed the overall index higher as positive vaccination and fiscal aid remained in the headlines.

Team Helios

Team Helios

Helios partners with Financial Advisors to help them grow their business, save time, and add scale to their services through estate planning technology and asset management capabilities. Helios was founded in 2016 in Granite Bay, California.