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—First Quarter 2019
Our portfolios generated strong performance for the first quarter, benefiting from the rebound in financial markets as they reversed much of the market downturns from fourth quarter 2018. The first quarter was a strong period for equities around the world. Bond markets and certain alternative strategies also performed well.
Commentary from Our Chief Investment Officer—First Quarter 2019 Review & Outlook
The market rebound was due more to a shift in Fed monetary policy than any meaningful improvements in the economic fundamentals. Our portfolios have exposure to a wide range of investments that will particularly benefit if global growth continues.