Year-End Reflections

December 29, 2021

As we reflect on this past year, we recognize that it has seen its share of turbulence, just as 2020 did. But as portfolio managers and financial advisors, we can’t help but be optimistic for the future knowing the long history of progress – both in our global economy, and within our own firm. Even in the face of unusual times and periods of uncertainty, we lead our clients towards decisions that allow them to achieve the peace of mind we all strive for but can find difficult to obtain alone. During that process, Litman Gregory is also encouraged to change and grow as an organization. In the face of new challenges and opportunities, thoughtful change has been critical to our success and our continuous effort to better serve our clients. Our evolution is always guided by an obsession to make a positive difference in our clients’ lives.

This year, our firm’s evolution reached a new level, with the integration of Litman Gregory into iM Global Partner. Since the combination, we have experienced a company that has proven to be greater than the sum of its parts. iM Global Partner’s research team brought additional research analysts, a Global Chief Investment Officer, and new analytical tools. The Litman Gregory team brought its more than three decades of experience as trusted investment counselors and wealth advisors, along with a fantastic client service and operations team. The integration has also led to enhanced operations across the firm, with additional efficient technologies deployed in the second half of the year that free up more time for us to spend with our clients. Along with these enhancements, our expanded leadership team has supported the addition of more client resource personnel, both recently and expected into 2022. Next year, we will turn our focus to deepening engagements with our clients and expanding even further the services that we can offer them.

But those that know us well are aware that corporate integrations are nothing new to Litman Gregory. We have successfully acquired and integrated advisory services in the past, and in fact, in conjunction with iM Global Partner we just recently welcomed Senior Advisor Cynthia Morris from Sensiba San Filippo CPAs to the Litman Gregory Wealth Management family. Please read more about her here.

Through all our transitions, one thing has remained clear: We are truly grateful for the relationships we have with our clients, as they and their families have become the reason that we all take time from our families to be part of this organization and its purpose. The trust placed in us to do our best every day is our motivator, and we take that responsibility with great pride.

As we guided year end planning, we were ultimately inspired by our clients’ own generosity, which we see in the many philanthropic plans we help them design. And, thanks to our clients, we were also able to give back and be of support within our local communities. During 2021, we offered financial contributions to several deserving organizations doing amazing work: Compass Family Services (San Francisco), Shelter, Inc. (Contra Costa), American Cancer Society (Stockton), the NAACP Legal Defense Fund, Women’s Center Youth & Family Services, Ready to Work (San Joaquin), The Marin Headlands Nature Conservancy, and the Food Bank (Bay Area).

As this year comes to a close, please know we appreciate the opportunity to serve you and will continue to work hard to earn and maintain your trust. From everyone at Litman Gregory Wealth Management and iM Global Partner, we wish you a wonderful New Year.

Litman Gregory Wealth Management

 

This written communication is limited to the dissemination of general information pertaining to Litman Gregory Wealth Management, LLC (“LGWM”), including information about LGWM’s investment advisory services, investment philosophy, and general economic market conditions. This communication contains general information that is not suitable for everyone. The information contained herein should not be construed as personalized investment advice and should not be considered as a solicitation to buy or sell any security or engage in a particular investment strategy.
There is no agreement or understanding that LGWM will provide individual advice to any investor or advisory client in receipt of this document. Certain information constitutes “forward-looking statements” and due to various risks and uncertainties actual events or results may differ from those projected. Some information contained in this report may be derived from sources that we believe to be reliable; however, we do not guarantee the accuracy or timeliness of such information.
Past performance is no guarantee of future results, and there is no guarantee that the views and opinions expressed in this newsletter will come to pass. Individual client needs, asset allocations, and investment strategies differ based on a variety of factors.
Investing involves risk, including the potential loss of principal. Any reference to a market index is included for illustrative purposes only, as it is not possible to directly invest in an index. Indices are unmanaged, hypothetical vehicles that serve as market indicators and do not account for the deduction of management feeds or transaction costs generally associated with investable products, which otherwise have the effect of reducing the performance of an actual investment portfolio.
Nothing herein should be construed as legal or tax advice, and you should consult with a qualified attorney or tax professional before taking any action. Information presented herein is subject to change without notice.
A list of all recommendations made by LWM within the immediately preceding one year is available upon request at no charge. For additional information about LGWM, please consult the Firm’s Form ADV disclosure documents, the most recent versions of which are available on the SEC’s Investment Adviser Public Disclosure website (adviserinfo.sec.gov) and may otherwise be made available upon written request to compliance@lgam.com
LGWM is an SEC registered investment adviser with its principal place of business in the state of California. LGWM and its representatives are in compliance with the current registration and notice filing requirements imposed upon registered investment advisers by those states in which LGWM maintains clients. LGWM may only transact business in those states in which it is noticed filed, or qualifies for an exemption or exclusion from notice filing requirements. Any subsequent, direct communication by LGWM with a prospective client shall be conducted by a representative that is either registered or qualifies for an exemption or exclusion from registration in the state where the prospective client resides.

Helpful Insights