Virtue Asset Management
Virtue Asset Management is an independent asset management company founded on the highest level of moral and ethical principals.
Virtue Asset Management is a fee-only independent investment advisor serving the greater Chicago area and helping institutions and high net worth individuals across the county
https://virtueam.com/hedging-low-cost-basis-stock-using-options/
Hedging Low-Cost Basis Stock Using Options When combining both strategies—writing a covered call and buying a put—you create what is known as a "collar" strategy. The premium from the covered call partially offsets the cost of the put, providing a cost-effective way to hedge the position.
https://virtueam.com/meet-our-summer-intern-alexandrea-lee/
Meet Our Summer Intern: Alexandrea Lee Alexandrea Lee is an incoming sophomore at Northwestern University, majoring in Industrial Engineering and Economics. She hopes to pursue a career in financial engineering, finance, or consulting, where she can apply her education to analyze financial systems and advise organizations.
https://virtueam.com/meet-our-summer-intern-nathan-lodes
Meet Our Summer Intern: Nathan Lodes Nathan Lodes, is an incoming junior at the University of Iowa planning on majoring in Finance & Accounting. He graduated from Barrington High School in 2022 and has lived in Barrington most of my life.
Happy to sponsor the Barrington Lions Club Golf Event!
The Barrington Lions Club is pleased to announce that its 43rd annual golf outing, our yearly fundraiser, will take place at Kemper Lakes Golf Club on May 20, 2024! Over 150 golfers are poised to compete on this very fine course.
The Club is grateful for all our sponsors for this engaging event including the following groups:
Gold Medal Sponsors -
Idealease, Inc. and Anne Groh Beckman/State Farm Insurance
Silver Medal Sponsors -
Barrington Bank & Trust, Cornerstone Nat’l Bank, Marquardt of Barrington, Marshall Reavis, Moretti’s Restaurants, Re*****on Automotive, Virtue Asset Management, and Wickstrom Auto Group
In addition to the above, these fine sponsors will be recognized at the tee boxes throughout the course:
All Parking Lot Services, Inc., Paice Electric, Chessie’s Restaurant, Advocate Good Shepherd, Lion Steve Floyd/Floyd Steel Erectors, Mark Hornok/Edward Jones, Beelow’s Steakhouse, Vintage Wine & Spirits, Barrington Eye Care, Buckley-Fine Law, Ahrens & Condill, Inc., JB Enterprises, Van Ness Chiropractic, Pennino Family Dentistry, Barrington Transportation, Inc., Parisi Paving, Spring Grove Insurance Group, BMO Bank, Roman Signs, GK Real Estate, Lion Dick Smith/Maine Twp Class of 1960, Angel Soft Water, Nicholas Kekos, LTD, Davenport Funeral Home, and Randall Gross & Co., CPA.
Lastly, the Club thanks the following companies or individuals for their support:
Kemper Lakes Golf Club; Lions Curt Pulkrabek, Don Thompson, Bob Bush, Bill Lee Jr., Terence Dooley, Steve Belknap, and James Potter; Bush & Brady; David Ingram, DDS; Charles and Julie Drover; Idlewood Electric Supply; Lion Dick Lamkey and Tim Miles Sr. (GolfVision); Ania Gronska, Professional Cleaning Lady; Buffalo Grove and Makray Golf Courses; gigi Wine Bar & Bistro; and many more!
The Barrington Lions raise money to help local, state, national and international causes through our affiliation with Lions International and the Lions of Illinois Foundation.
We are always looking for men and women who want to help serve the Barrington community. Our motto is “We Serve” and we have fun doing it.
You will make life-long friends in the community by going to our monthly dinner meetings where we get together to plan our projects and socialize.
We also offer an active youth group called the Barrington Lion LEOS Club and allow area youth to earn service hours while also gaining valuable experience and creating lasting friendships.
So come join us and GET INVOLVED! It’s easy to do, rewarding, and fun.
Email [email protected] or call 847-921-8844
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Investors adjusted down their expectations for Federal Reserve interest rate cuts in 2024 from six to three (.25% each). The adjusted expectations lead to an increase in bond yields which we predicted in our year-end outlook. With the strong first quarter for large-cap stocks and current valuations, we are cautious about returns for the rest of 2024.
2024 First Quarter Review and Outlook The adjusted interest rate expectations lead to an increase in bond yields which we predicted in our year-end outlook. With the strong first quarter for large-cap stocks and current valuations, we are cautious about returns for the rest of 2024.
At Virtue Asset Management, we worry that data or events in the first half of the year may drive the Federal Reserve to wait longer before they cut interest rates and/or not cut as many times as the market is predicting. If the market must adjust its expectations for interest rate cuts, it could lead to an increase in bond yields and a pullback in equities. Depending on a client’s situation, we are rebalancing equity exposure, if it can be done with minimal tax consequences. We recommend that clients move their equity levels closer to neutral and use the proceeds to invest in short-term bonds.
2023 Review and 2024 Outlook If the market must adjust its expectations for interest rate cuts, it could lead to an increase in bond yields and a pullback in equities. Depending on a client’s situation, we are rebalancing equity exposure, if it can be done with minimal tax consequences. We recommend that clients move their eq...
Even 50% off a $5,000 item is still a hefty $2,500 out of your budget, said Robert Finley, a certified financial advisor and founder of Virtue Asset Management in Chicago, in an email. Try not to be “seduced by a discount,” he added.
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Third Quarter Review and Outlook
2023 Third Quarter Review and Outlook The S&P 500 finished the third quarter down –3.27% but is still up 13.07% for the year. The stock price decline was partly driven by investors’ changing expectations of future interest rates.
First Half Review and Outlook
Virtue Asset Management: 2023 First Half Review and Outlook To justify the current P/E ratio, equity investors are expecting future interest rate cuts. We recommend that clients prepare for higher volatility in the remainder of the year and when appropriate raise cash to cover upcoming distributions.
Happy 4th!
We are delighted to announce that Lorie Shah has joined Virtue Asset Management. Lorie comes to us with an impressive background in fixed income and credit default swaps. As our Director of Client Relationships, Laurie will play a pivotal role in enhancing relationships with current and future clients.
Lorie S. Shah joins Virtue Asset Management Lorie Shah brings her expertise with institutional and retail investing to Virtue Asset Management as Director of Client Relationships.
Happy to support the Barrington Lions Club
As the Federal Reserve enters a period of pausing and then cutting rates, we expect equities to perform well during this transition period. At Virtue Asset Management, we expect the market to start positioning into equities in anticipation of future rate cuts.
Virtue Asset Management: 2023 First Quarter Review and Outlook
Virtue Asset Management: 2022 Review and 2023 Outlook The market is pricing in an average of 2.33% inflation over the next five years. The Federal Reserve may not achieve their soft landing, but the market is pointing to much lower inflation over the next five years. The market is pricing in additional raises and expects the rate to eventually reach 5....
Happy to sponsor the Deerwood’s IEA Show at Palatine Stables
Excited to sponsor the wine at the Barrington Junior Women’s Club 2022 Fall Fashion Show.
The market is pricing in an average of 2.33% inflation over the next five years. The Federal Reserve may not achieve their soft landing, but the market is pointing to much lower inflation over the next five years.
Virtue Asset Management: 2022 Third Quarter Review and Outlook
Come say hi! We have Big Ange’s Eatery, Buffalo Creek Brewing, Blue Ash Farm and more
2022 First Half Review and Outlook
Virtue Asset Management: 2022 First Half Review and Outlook On June 17th, the correction of 24% was equal to the median correction during a recession.
Happy Fourth of July!
Once the war in Ukraine is over, we expect inflation to decrease. This is why we advised clients to have three to five years of upcoming expenses in safe and short-term maturity bonds to avoid selling stocks during market pullbacks. Time in the market is more important than timing the market.
Virtue Asset Management: 2022 First Quarter Review and Outlook Despite these headwinds, S&P 500 earnings expectations for 2022 increased from $220 to $225.
We were quoted in the attached article
CNBC: Retirees seeking income may want to consider closed-end funds “From our point of view, that provides some protection in a rising-rate environment,” Finley said.
Barrington Area Chamber announces 2022 leadership Board of directors: Robert Finley, Virtue Asset Management
Read our 2021 Review and 2022 Outlook!
Virtue Asset Management: 2021 Review and 2022 Outlook Over the next three years we expect the S&P 500 index to provide a much better risk/reward versus fixed income and cash.
Time to take an “elfie” in front of our widow and tag the Barrington Area Chamber of Commerce (BACC) for your chance to win a prize. Please shop and dine local during the holidays.
Glad to support the Barrington Junior Women’s Club Fashion Show.
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Opening Hours
Monday | 07:00 - 17:00 |
Tuesday | 07:00 - 17:00 |
Wednesday | 07:00 - 17:00 |
Thursday | 07:00 - 17:00 |
Friday | 07:00 - 17:00 |