Litman Gregory Asset Management, a nationally recognized boutique wealth management firm, announced that Jason Steuerwalt, CFA, and Peter Sousa have become principals of the firm.
“We are delighted to welcome Jason and Peter as principals,” said Steve Savage, CEO of Litman Gregory. “They’ve been tremendous contributors to the research and portfolio management that is central to how we serve clients and they embody our firm’s values of excellence, passion, integrity and courage.”
Jason Steuerwalt is a Senior Research Analyst on Litman Gregory’s research team. He joined Litman Gregory in 2013 and is responsible for selecting and monitoring investment managers, with a focus on alternatives including the Litman Gregory Masters Alternative Strategies Fund. He is also Co-Portfolio Manager of the Litman Gregory Masters High Income Alternatives Fund. Prior to joining Litman Gregory, Jason was a Vice President with Hall Capital Partners, focusing on absolute-return hedge funds and private credit strategies.
Peter Sousa is the Director of Portfolio Strategies and a member of the Research Consulting team at Litman Gregory. He joined the company in 2012 and assumed his current role in 2017. Peter is responsible for providing service and support for the suite of Litman Gregory Portfolio Strategies offered to investment professionals. Prior to joining the firm, Peter was in a business development role for the iShares group at BlackRock where he worked with registered investment advisors. Prior to BlackRock, Peter was an Investment Analyst in the Wealth Management divisions at both Lehman Brothers and Credit Suisse.
Litman Gregory has been helping families, individuals, and nonprofits plan for and reach their financial goals for more than three decades. We believe our clients’ peace of mind comes from working with a team obsessed with their financial success. Original research and a disciplined process founded on intellectual honesty guide the decisions we make on their behalf.
Investment Key Takeaways—Year-End 2020
Very few (if any) market observers would have predicted a strong market outcome in early 2020, with pandemic fears rampant and the global economy falling off a cliff. But global stocks ended the year at all-time highs with a 16% gain. At Litman Gregory, we “stayed the course” during the volatility, and it proved prescient once again. In this post, we summarize key takeaways from our full year-end investment commentary, offering an overview of financial market performance and our outlook for the months ahead.
Commentary from Our CIO—Year-End 2020
In this year-end commentary, CIO Jeremy DeGroot reflects on the recent challenging and turbulent year and lays out our investment outlook for 2021 and beyond. The strong full-year market returns masked the incredible volatility and stress investors faced earlier in the year. While many risks remain, the early stages of vaccine distributions and economic stimulus are providing a light at the end of the tunnel.
Alice Lowenstein Earns CSRIC™, Sustainable, Responsible & Impact Investing Designation
We are pleased to share that Managing Director Alice Lowenstein has obtained the Chartered SRI Counselor designation, the first major financial credential dedicated specifically to sustainable, responsible and impact investing. This designation demonstrates Alice’s knowledge of SRI principles and best practices.