Providing a vote of confidence in the current economic recovery and bull market
BOSTON – July 13, 2016 – Leading retail investment advisory firm and independent broker/dealer LPL Financial LLC, a wholly owned subsidiary of LPL Financial Holdings Inc. (NASDAQ: LPLA), today announced that its research publication, Midyear Outlook 2016: A Vote of Confidence, is now available for download. Published by LPL Financial’s Research department (“LPL Research”), the publication contains investment insights and market guidance for investors in the second half of 2016.
It has been a volatile year thus far, leaving some to question the continued strength for the second-longest bull market in history, which began in March 2009. LPL Research provides a vote of confidence in the economic recovery, the bull market potentially continuing through 2016 and beyond, and most importantly, in investors’ ability to remain focused on long-term goals.
LPL Research reports that through this steady, although slow, economic growth, the following four themes will potentially influence success for the remainder of 2016.
Against this backdrop, LPL Research forecasts the following within the report:
“We may be entering the eighth year of this economic recovery and bull market, but that doesn’t mean the memories of the Great Recession have faded away; and the volatility we’ve seen this year revives those memories and takes an emotional toll,” said LPL Financial Chief Investment Officer Burt White. “A vote of confidence means having the belief that someone or something has the ability to succeed. It is more than being positive or negative, a bull or a bear. It is about trusting our assessments of the opportunities—and risks—that may lie ahead, formulating a solid investment plan, and sticking with it through the ups and downs we may face in the coming months and beyond.”
About LPL Research
LPL Financial’s Research department (“LPL Research"), led by Managing Director and Chief Investment Officer Burt White, provides strategic, objective investment insights to advisors who leverage LPL Financial’s Research platforms. The group's mission is to be a trusted partner to our advisors, who in turn provide investors with choices to help meet their financial goals. The team provides those advisors with market, investment management, portfolio construction, and due diligence advice. LPL Research’s Outlook publications, produced semiannually, serve as the backdrop for all the team’s investment recommendations and communications efforts for the year ahead.
About LPL Financial
LPL Financial, a wholly owned subsidiary of LPL Financial Holdings Inc. (NASDAQ:LPLA), is a leader in the retail financial advice market and served approximately $486 billion in advisory and brokerage assets as of May 31, 2016. LPL is one of the fastest growing RIA custodians and is the nation's largest independent broker-dealer (based on total revenues, Financial Planning magazine June 1996-2016). The Company provides proprietary technology, comprehensive clearing and compliance services, practice management programs and training, and independent research to more than 14,000 independent financial advisors and over 700 banks and credit unions, enabling them to help their clients turn life's aspirations into financial realities. Advisors associated with LPL also serviced an estimated 45,000 retirement plans with an estimated $121 billion in retirement plan assets, as of March 31, 2016. LPL also supports approximately 4,200 financial advisors licensed and affiliated with insurance companies with customized clearing, advisory platforms, and technology solutions. LPL Financial and its affiliates have more than 3,400 employees with primary offices in Boston, Charlotte, and San Diego. For more information, please visit www.lpl.com.
All performance referenced is historical and is no guarantee of future results.
The opinions voiced in this material are for general information only and are not intended to provide or be construed as providing specific investment advice or recommendations for any individual security.
There is no assurance that the techniques and strategies discussed are suitable for all investors or will yield positive outcomes. The purchase of certain securities may be required to affect some of the strategies.
Investing in stock includes numerous specific risks including: the fluctuation of dividend, loss of principal and potential illiquidity of the investment in a falling market.
Because of their narrow focus, specialty sector investing, such as healthcare, financials, or energy, will be subject to greater volatility than investing more broadly across many sectors and companies.
Bonds are subject to market and interest rate risk if sold prior to maturity. Bond and bond mutual fund values and yields will decline as interest rates rise and bonds are subject to availability and change in price.
Commodity-linked investments may be more volatile and less liquid than the underlying instruments or measures, and their value may be affected by the performance of the overall commodities baskets as well as weather, geopolitical events, and regulatory developments.
Securities and advisory services offered through LPL Financial. A registered investment advisor, member FINRA/SIPC.
(980) 321-1232 Lauren.Hoyt-Williams@lpl.com