Annually, Charles Schwab conducts its benchmarking study to gather data in the financial industry. For the 2019 survey, released in July, 1,300 RIAs representing more than $1 trillion in assets participated. The bottom line results revealed that RIAs are doing very well in the current market environment. Apriem's President, Rhonda Ducote shared with Financial Advisor
InvestmentNews has recognized Apriem Advisors as a 2019 Excellence in Diversity and Inclusion Awards finalist. Apriem, along with other finalists, were chosen from over 160 nominations by a committee of InvestmentNews representatives and judges from the advice business to be recognized for the firm’s ability to inspire others from diverse backgrounds to join, flourish and
Apriem Advisors was named one of the top 300 RIAs in the United States for the third year in a row by the Financial Times. The 2019 edition of the Financial Times 300 Top Registered Investment Advisers (FT 300) recognizes top independent RIA firms from across the U.S. based on desirable traits for investors and
Apriem was featured in the first ever Orange County Business Journal "The List: Registered Investment Advisors". Below is an excerpt: “The fiduciary model is growing faster than brokerage houses”, said Harmon Kong, who co-founded Apriem Advisors in 1998. “The RIA industry is gaining momentum.” Kong attributed growth to referrals, a “great team”, and a focus
As the trade war continues, both stocks and treasury yields were down this week, indicating investors are concerned about current uncertainties.
Apriem President Rhonda Ducote and Vice President Jennifer Olson were both nominated for the Orange County Business Journal’s 2019 Women in Business Award.
Stocks have stabilized and investors are taking note, with some analysts expecting growth to continue despite a projected economic slowdown. This is driving many investors to scramble to better position themselves in the stock market. Our CIO Benjamin Lau commented on this latest trend in an article reported by The Wall Street Journal. Here is
As the stock market implodes, the general public began looking for answers online. One of the most searched for terms on Google was "yield curve inversion," a data point that investors use to predict recessions. Our CIO Benjamin Lau explains what's fueling this negative sentiment in an article reported by Bloomberg. Here is an excerpt:
With the Dow Jones Industrial Average falling, market participants continue to worry about ongoing Chinese trade negotiations, as well as slowing economic growth, Apriem’s Benjamin Lau explains… "If the economy was stronger, these trade talks wouldn't be as concerning," said Benjamin Lau, chief investment officer of Apriem Advisors. "We think the economy is going
With a key index plunging 300 points after the holiday weekend, the government shutdown got replaced by the trade war for the No. 1 source of economic anxiety. Apriem’s Ben Lau explains... "It’s a combination of a lot of things; the government shutdown, lowering growth expectations for the world and the U.S., earnings estimates," said Benjamin
