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 matter again. The New, New [...]

Coronavirus and the Market2020-03-20T14:36:15-06:00

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 momentum to help us adjust [...]

Market Outlook 2020 2020-03-20T14:29:46-06:00

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 broken the 50-day moving average [...]

Rollin’ with the Punches2018-11-01T19:31:56-06:00

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 made the deal. “Ben and [...]

Big Texas Merger Blends Wirehouse and Indie Practices2018-11-01T19:31:57-06:00

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 and specialized in investment strategy [...]

With the new additions, Syntal Capital Partners has expanded its team to a total staff of 122018-11-01T19:31:57-06:00

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, which was founded in 2012 [...]

The three-member adviser team expands the footprint of Syntal Capital Partners2018-11-01T19:31:57-06:00

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 day but I also wanted [...]

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 breakaways2018-11-01T19:31:58-06:00

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 Ben Gordon, are based in [...]

600M Merrill team leaves for Dynasty-affiliated RIA2018-11-01T19:31:58-06:00