NEWS AND ARTICLES
WEALTH IS THE ABILITY TO FULLY EXPERIENCE LIFE
2023 1st Quarter Market Recap
As we have emphasized in recent years, we keep a close eye on fiscal policy, monetary policy, and interest rates. A lot has remained the same since our previous quarterly recap as monetary policy is still tight, fiscal policy remains nonexistent, and interest rates, although hit with a slight decline in Q1 2023, remain at historically elevated levels.
2022 3rd Quarter Market Commentary
Our perspective has not changed much from the mid-year market commentary earlier this year. Since the 2nd Quarter commentary was published, the markets have corrected even further, and energy has still been the one shining star.
2022 Mid-Year Market Commentary
The major equity markets (S&P 500, EFA, EEM) are all down year to date, with the U.S. market being down less than the others but still down over 17%.
4th Quarter 2021 Market Commentary
The major equity markets (S&P 500, EFA, EEM) did well for the 4th quarter, with the US market being the shining star for 2021. We were concerned that there could be some consolidation, but it didn’t happen.
3rd Quarter 2021 Market Commentary
The major equity markets (S&P 500, EFA, EEM) have done well for the 3rd quarter, with the US markets being the shining star. While we think there will be some consolidation, we still expect this year to end positively.
2nd Quarter 2021 Market Commentary
The major equity markets (S&P 500, EFA, EEM) have done well for the 2nd quarter, with the US markets being the shining star. While we think there will be some consolidation, we still expect this year to end positively.
The Study of Market Corrections
It has been a couple of extraordinary weeks marked by numerous headlines and historical market moves. While we have attempted on numerous occasions to send out an update…often writing into the early hours of the morning…we wake up to find that our thoughts are being reflected in current news and [...]
Syntal Business Continuity Plan Update
Dear Clients & Friends, As you know, the recent global outbreak of the Coronavirus has placed both the markets and citizens on-edge. At this time, it is impossible to determine the eventual spread and impact of this virus, but it has the potential to disrupt our daily lives for [...]
Coronavirus and the Market
Talking Points What is “good” for the fight against the Coronavirus (COVID-19), is “bad” for the economy. The need for sudden action. The risk of a stop-start economy and consumer. Likely a short recession. Significant stimulus both fiscal and monetary, but more is needed from Fiscal side. Fundamentals will [...]
Market Outlook 2020
Late Cycle We believe that the markets are in late cycle. During late cycle, you start to look for more defensive or hedge positions and extend duration in your high-quality fixed income portfolio. The momentum of the market is strong at this point and we will pay attention to this [...]
Market Outlook 2019
The Santa Claus rally arrived late this past year but finally came through in a big way and has carried forward into the New Year. Positive news, with a more dovish Fed and face-to-face talks with China on trade issues, has supported this recent rally. While this has raised [...]
Rollin’ with the Punches
S&P 500 Large Cap Index As noted in our communication on Friday, October 5th, we were worried volatility would pick up - quite the understatement! The S&P 500 (which is an index of US-based large-cap stocks) broke its short-term trend line, the 10-day moving average, last Friday. It has further [...]
Big Texas Merger Blends Wirehouse and Indie Practices
Increasing sophistication around independent RIA support was vital to the merger this past week of breakaway wealth shop Syntal Wealth Partners and a prominent Merrill Lynch team in Dallas. But friendship and complementary skill sets – forged over more than a decade – were the real catalysts, say those who [...]
With the new additions, Syntal Capital Partners has expanded its team to a total staff of 12
A team of advisors who previously managed $600 million in client assets at Merrill Lynch’s Private Banking and Investment Group (PBIG) in Dallas, Texas have left the wirehouse for RIA Syntal Capital Partners. The four-person team is led by financial advisor Ben Gordon, who had joined Merrill Lynch in 1994 [...]
The three-member adviser team expands the footprint of Syntal Capital Partners
Merrill Lynch loses $600 million team to Texas RIA. A three-person team managing $600 million at Merrill Lynch Private Banking and Investment Group in Dallas has joined Syntal Capital Partners, a registered investment advisory firm based in Midland, Texas. The addition of the team expands the Texas footprint of Syntal, [...]
Dallas RIA with $550 million jumps to $1.1 billion of AUM by slicing off $550 million of PBIG bacon in form of Merrill Lynch breakaways
With Pershing and Dynasty Financial as anchors, Syntal breaks down Private Banking Investment Group walls at Merrill Lynch on the strength of Texas ties. Brooke's Note: This summer when I went to Maine, I was the first family member to plunge into the cold Atlantic Ocean. It was a warm [...]
600M Merrill team leaves for Dynasty-affiliated RIA
A Merrill Lynch team that oversaw $600 million in client assets left the wirehouse to join an RIA affiliated with Dynasty Financial Partners, the firm said. The four-member group combined forces with Syntal Capital Partners, expanding the Midland, Texas-based firm's total staff to 12. The new hires, led by advisor [...]
FT 300: 2017 List of Top US Registered Investment Advisers
Proud to have six Network Partners on the FT 300: top ranked RIA list. https://lnkd.in/dsXsZGA This fourth edition of the FT 300 assesses registered investment advisers (RIAs) on desirable traits for investors. To ensure a list of established companies with substantial expertise, we examine the database of RIAs registered with [...]
America’s Top Next Generation Wealth Advisors
We are extremely proud of Dane Crunk of Syntal Capital Partners, LLC for being named to Forbes list of Top Millenial Advisors and grateful to have him and his team in the Network! Congratulations to all the advisors named to this list! https://lnkd.in/dbDAA73
Dane E. Crunk Quoted in NY Times Article
A recent NY Times article discusses the boom and bust nature of the oil industry and the planning opportunities that arise during such downturns. The full article can be read here.
Crude Oil Outlook Update
Lower for (even) longer In our January oil outlook update, our forecast for oil prices this year was adjusted down to $30~$50 from $40~$60, expecting the realignment of OPEC quota post Iran/Iraq production increases to normalize oil prices back to $80 range in 2018. OPEC inaction and weakening Chinese appetite [...]
Model Behavior
The Fed’s own risk models painted a contradictory picture by spiking up just before the FOMC meeting. As the Fed continues to avoid rate hikes by kicking the decision down to December or possibly 2016, the new hawkish voting members of FOMC will be put in a tough spot to [...]
GIPS Announcement
Syntal Capital Partners is proud to announce that our firm has been verified in our compliance with the Global Investment Performance Standard (GIPS®). The GIPS® Standards were created by the Chartered Financial Analyst Institute as a way to create a global standard for calculating and presenting performance. These standards were created to [...]
Noise Cancelling
Since unwinding the briefly held 1x long US and International equity market positions in June, we remained defensive through July. Our proprietary global risk signal has shown benign conditions since the Greek debt negotiations. Market volatility has also been kept at historical lows. In the short term, we expect volatility [...]
Colorado Springs Office
Syntal Capital Partners LLC is proud to announce that Robert J. Carlyon, Chief Operating Officer and Chief Compliance Officer at Syntal, will lead the Firm’s recent expansion in Colorado Springs, CO, as well as continue to provide executive operating expertise firm-wide. “Syntal Capital Partners is growing and we are bringing [...]
Crude Oil Outlook Update
Adjusting Our Outlook In response to the recent nuclear deal with Iran, we are adjusting our near term crude oil outlook from $50~$70 to $40~$60. The adjustment reflects approximately 1mmb/d of additional supply coming online from Iran in the next couple of years. US rig count has found a floor [...]