Lake Street is excited to welcome Ryan N. Todd, CFP® to the team! “Ryan joins us from a familiar background at Merrill and brings extensive industry experience in financial services to the firm,” says Joe Stock, managing partner. “As we continue to expand our advisor base, he will be a tremendous asset to the clients […]
https://lakest.com/wp-content/uploads/lake-street-logo.png00Amanda Roquehttps://lakest.com/wp-content/uploads/lake-street-logo.pngAmanda Roque2020-10-06 13:44:332020-10-06 13:44:34Lake Street Welcomes Ryan Todd
Even as the stock market saw a pullback in September, it’s clear that stocks as a whole are operating on a different level than the rest of the economy. While small businesses remain shuttered or at lessened capacity, the market has maintained growth. This might seem like a fluke, but it actually makes sense when […]
https://lakest.com/wp-content/uploads/lake-street-logo.png00Amanda Roquehttps://lakest.com/wp-content/uploads/lake-street-logo.pngAmanda Roque2020-10-05 14:00:572020-10-05 14:02:21ON THE STREET MONTHLY - TECH STOCKS PUSH THE NASDAQ HIGHER
As the leaves change and Fall approaches, so too does one of the most important presidential elections in United States history. But it’s not just the presidential election that matters. If both the Democrats with the Senate and Joe Biden is elected, there could be drastic changes to the nation’s tax code. Yet, even if […]
https://lakest.com/wp-content/uploads/lake-street-logo.png00Amanda Roquehttps://lakest.com/wp-content/uploads/lake-street-logo.pngAmanda Roque2020-09-02 11:15:382020-09-02 12:13:52ON THE STREET MONTHLY - GEARING UP FOR ELECTION SEASON
For most Americans, the coronavirus pandemic has left a long-lasting scar that has yet to heal. Millions of people have been quarantined, jobs have been lost, children have gone without schooling, and there remains no certain end to this global pandemic. Yet, amidst all of the pain on main street, markets continue to climb and […]
https://lakest.com/wp-content/uploads/lake-street-logo.png00Amanda Roquehttps://lakest.com/wp-content/uploads/lake-street-logo.pngAmanda Roque2020-08-04 11:32:002020-08-13 11:52:49On the Street Monthly - Main Street and Wall Street Remain Disconnected
Lake Street is proud to announce that our co-founder and managing partner, Justin Terzo, has been selected to the 2020 Forbes “Top Next-Gen Wealth Advisors” list. This list represents the top 500 next generation wealth advisors across the country. Of the 26 advisors recognized in the state of Illinois, Justin ranks in the Top 10. […]
https://lakest.com/wp-content/uploads/lake-street-logo.png00Amanda Roquehttps://lakest.com/wp-content/uploads/lake-street-logo.pngAmanda Roque2020-07-27 16:24:032020-07-30 11:57:26Justin Terzo Recognized in 2020 Forbes “ Top Next-Gen Wealth Advisors” List
Fueled by optimism about reopening the U.S. economy and a record-breaking employment report for May, stocks started the month moving in a positive direction. By Monday, June 8th, the S&P 500 actually closed in positive territory for the year. The euphoria would not last long. By the middle of that same week, the Federal Reserve […]
https://lakest.com/wp-content/uploads/lake-street-logo.png00Amanda Roquehttps://lakest.com/wp-content/uploads/lake-street-logo.pngAmanda Roque2020-07-06 14:01:542020-07-06 14:11:51On The Street Monthly - June Ends Higher as Volatility Persists
This past week was a time of tremendous contrasts. The market closed the month of May with a strong rally driven by resilient tech stocks and essential goods companies and clinging to the glimmers of hope starting to appear in the slowly reopening economy and the early stages of vaccine development. SpaceX successfully partnered with […]
https://lakest.com/wp-content/uploads/lake-street-logo.png00Amanda Roquehttps://lakest.com/wp-content/uploads/lake-street-logo.pngAmanda Roque2020-06-03 13:00:052020-06-03 16:33:25On The Street Monthly - The Pandemic Rebound: The Best of Times and the Worst of Times
As the market rebounded significantly in April, capping one of the best performing months in more than 30 years, stock prices became strangely unhinged from the economic reality on the ground. During this time there was still widespread fear and uncertainty across the country, and we saw some of the most shocking economic data in […]
https://lakest.com/wp-content/uploads/lake-street-logo.png00Amanda Roquehttps://lakest.com/wp-content/uploads/lake-street-logo.pngAmanda Roque2020-05-05 15:40:372020-05-05 15:55:42On The Street Monthly - Making Sense of the Market’s Disconnect with Economic Conditions
In the early stages of the pandemic we held hope that there was a possibility that, like some other advanced nations such as South Korea, Singapore and Taiwan, our government and our people would come together to mostly contain the virus without very large or lasting costs. Now, however, the U.S. leads the world in […]
https://lakest.com/wp-content/uploads/lake-street-logo.png00Amanda Roquehttps://lakest.com/wp-content/uploads/lake-street-logo.pngAmanda Roque2020-04-06 16:14:132020-04-28 14:48:29On the Street Monthly - Mobilizing the Strengths of the U.S. Economy to Defeat Covid-19
With the major indexes now in a bear market as the coronavirus has developed into a “Black Swan” event—a major unforeseen risk—the question on most people’s minds is whether markets have hit the bottom or have further to fall. Though it is too soon to tell whether we have reached an actual bottom, there are […]
https://lakest.com/wp-content/uploads/lake-street-logo.png00Amanda Roquehttps://lakest.com/wp-content/uploads/lake-street-logo.pngAmanda Roque2020-03-23 16:35:532020-03-26 11:00:11Coronavirus Update: SEEING PAST THE HEADLINES IN A TIME OF CRISIS
Such a sharp decline in the market as we have seen over the last several weeks proves, as one commentator put it, why IQ will only get you so far in investing. During times of panic, investing is more about temperament and psychology than it is about intellect. You need to be able to stay […]
Congratulations to our co-founder and managing partner Justin Terzo on being selected to the 2020 Forbes “Best-In-State Wealth Advisors” list1 . Justin is honored to be nationally recognized for the 3rd time by Forbes. This award recognizes the highest quality advisors around the country who have consistently proven a core competency in improving the lives of […]
https://lakest.com/wp-content/uploads/lake-street-logo.png00Amanda Roquehttps://lakest.com/wp-content/uploads/lake-street-logo.pngAmanda Roque2020-03-10 13:21:002020-03-26 11:01:12Justin Terzo Recognized In 2020 Forbes "Best-In-State Wealth Advisors" List
Lake Street is excited to welcome Connie Bruno to the team! “Connie joins us with extensive experience in client service facing roles and will be a tremendous asset to our firm,” says Joe Stock, managing partner. “As we continue to expand our client and advisor base, it’s important we invest in great people to support […]
https://lakest.com/wp-content/uploads/lake-street-logo.png00Amanda Roquehttps://lakest.com/wp-content/uploads/lake-street-logo.pngAmanda Roque2020-03-09 10:14:512020-03-26 11:01:25Lake Street Welcomes Connie Bruno
As the chart below demonstrates, the stock market over the long term is an amazing wealth-generating machine. But the cost of reaping its benefits over the long term is staying the course through a agonizing times of worry and panic, the vast majority of which will not end up having a lasting impact. Currently the […]
Last week the coronavirus was looking more contained. Economic numbers were strong, and the market was pricing in the widespread perception that any economic impact from the virus would be offset by policy makers both at home and abroad who would act fast to provide as much stimulus as needed. All of that changed yesterday […]
https://lakest.com/wp-content/uploads/lake-street-logo.png00Amanda Roquehttps://lakest.com/wp-content/uploads/lake-street-logo.pngAmanda Roque2020-02-25 15:02:002020-04-02 16:44:36Coronavirus: Fear versus Fundamentals
Stocks began the week with a 300+ point rally for the Dow index, rebounding from last weeks 2.5% decline, which was triggered by worries about the spread of the coronavirus in China and beyond. For the year so far, the major indexes are now mostly flat with Treasury yields slipping under 1.80%, from 1.92% at […]
At the beginning of the year with lots of headwinds facing stocks and the bull market entering its 11th year, not even the most optimistic market watchers would have predicted a year as strong as 2019, when nearly every asset class was up strongly. It was a sharp contrast to 2018 when nearly everything was […]
At the close on Friday the market capped off a remarkably strong week heading into the end of the year with all three major indexes around record highs, up six out of the last seven sessions. Before you pop open the champagne in celebration, though, it’s a good idea to get a little perspective by […]
https://lakest.com/wp-content/uploads/lake-street-logo.png00Amanda Roquehttps://lakest.com/wp-content/uploads/lake-street-logo.pngAmanda Roque2019-12-23 12:13:002020-04-03 12:27:39Keeping Our Eye on the Ball During Record Highs
The major indexes were mostly flat for the week after recovering from a pullback earlier in the week. Perhaps the biggest development was the fact that the market, for once, was not driven by expectations about the outcome of a trade deal with China. In fact, the prospects of the trade deal looked particularly grim […]
https://lakest.com/wp-content/uploads/lake-street-logo.png00Amanda Roquehttps://lakest.com/wp-content/uploads/lake-street-logo.pngAmanda Roque2019-12-09 10:17:002020-04-03 12:27:54No Trade Deal, No Problem
A Lot to be Thankful For Despite the trade war with China heating up again unexpectedly and the market pulling back slightly last week, it is a good opportunity to stop and reflect that is has been a remarkably strong year in the market. Nearly every sector rose in the double digits and nearly every […]
Lake Street welcomes Rich O’Hara of Clarity Financial Group as a new member of the Lake Street Alliance. Independent advisors who join the Lake Street Alliance have access to a comprehensive support platform that enables them to do what they do best: work with their clients. Rich formed Clarity Financial Group, an independent affiliate of […]
https://lakest.com/wp-content/uploads/lake-street-logo.png00westcottadminhttps://lakest.com/wp-content/uploads/lake-street-logo.pngwestcottadmin2019-04-18 09:00:182020-03-26 11:01:55Rich O’Hara Joins the Lake Street Alliance
Lake Street is proud to congratulate Justin Terzo, one of its founding partners, on being appointed a 2018 Five Star Wealth Manager1. The award recognizes wealth managers who provide quality services to their clients. Criteria for the award include assets under management, client retention, and a thorough regulatory and complaint review. “I’m honored to be […]
https://lakest.com/wp-content/uploads/lake-street-logo.png00Amanda Roquehttps://lakest.com/wp-content/uploads/lake-street-logo.pngAmanda Roque2018-12-04 13:31:002020-03-26 11:02:04Justin Terzo Wins 2018 Five Star Wealth Manager Award
Lake Street is pleased to welcome Don Roseen of Elarin Wealth Advisors to the Lake Street Alliance. A 35-year veteran in the investment industry, Don has led many clients to long-term financial success during his career. Don brings extensive knowledge in capital markets, both in research and execution, as well as advice and guidance. “We […]
https://lakest.com/wp-content/uploads/lake-street-logo.png00westcottadminhttps://lakest.com/wp-content/uploads/lake-street-logo.pngwestcottadmin2018-09-14 09:00:432020-03-26 11:02:19Don Roseen Joins the Lake Street Alliance
Ever wonder how Lake Street was selected as the name of Chicago’s bespoke investment firm? Back in 2017, along one of Chicago’s most prominent and industrious streets, a unique investment firm began to take shape. Joseph Stock and Justin Terzo, former Merrill advisors, had a vision to create an independent investment firm to be located […]
https://lakest.com/wp-content/uploads/lake-street-logo.png00westcottadminhttps://lakest.com/wp-content/uploads/lake-street-logo.pngwestcottadmin2018-05-16 21:00:452020-03-26 11:02:37What’s in a Name? The Origin of Lake Street Financial
Lake Street Welcomes Ryan Todd
Lake Street is excited to welcome Ryan N. Todd, CFP® to the team! “Ryan joins us from a familiar background at Merrill and brings extensive industry experience in financial services to the firm,” says Joe Stock, managing partner. “As we continue to expand our advisor base, he will be a tremendous asset to the clients […]
ON THE STREET MONTHLY – TECH STOCKS PUSH THE NASDAQ HIGHER
Even as the stock market saw a pullback in September, it’s clear that stocks as a whole are operating on a different level than the rest of the economy. While small businesses remain shuttered or at lessened capacity, the market has maintained growth. This might seem like a fluke, but it actually makes sense when […]
ON THE STREET MONTHLY – GEARING UP FOR ELECTION SEASON
As the leaves change and Fall approaches, so too does one of the most important presidential elections in United States history. But it’s not just the presidential election that matters. If both the Democrats with the Senate and Joe Biden is elected, there could be drastic changes to the nation’s tax code. Yet, even if […]
On the Street Monthly – Main Street and Wall Street Remain Disconnected
For most Americans, the coronavirus pandemic has left a long-lasting scar that has yet to heal. Millions of people have been quarantined, jobs have been lost, children have gone without schooling, and there remains no certain end to this global pandemic. Yet, amidst all of the pain on main street, markets continue to climb and […]
Justin Terzo Recognized in 2020 Forbes “ Top Next-Gen Wealth Advisors” List
Lake Street is proud to announce that our co-founder and managing partner, Justin Terzo, has been selected to the 2020 Forbes “Top Next-Gen Wealth Advisors” list. This list represents the top 500 next generation wealth advisors across the country. Of the 26 advisors recognized in the state of Illinois, Justin ranks in the Top 10. […]
On The Street Monthly – June Ends Higher as Volatility Persists
Fueled by optimism about reopening the U.S. economy and a record-breaking employment report for May, stocks started the month moving in a positive direction. By Monday, June 8th, the S&P 500 actually closed in positive territory for the year. The euphoria would not last long. By the middle of that same week, the Federal Reserve […]
On The Street Monthly – The Pandemic Rebound: The Best of Times and the Worst of Times
This past week was a time of tremendous contrasts. The market closed the month of May with a strong rally driven by resilient tech stocks and essential goods companies and clinging to the glimmers of hope starting to appear in the slowly reopening economy and the early stages of vaccine development. SpaceX successfully partnered with […]
On The Street Monthly – Making Sense of the Market’s Disconnect with Economic Conditions
As the market rebounded significantly in April, capping one of the best performing months in more than 30 years, stock prices became strangely unhinged from the economic reality on the ground. During this time there was still widespread fear and uncertainty across the country, and we saw some of the most shocking economic data in […]
On the Street Monthly – Mobilizing the Strengths of the U.S. Economy to Defeat Covid-19
In the early stages of the pandemic we held hope that there was a possibility that, like some other advanced nations such as South Korea, Singapore and Taiwan, our government and our people would come together to mostly contain the virus without very large or lasting costs. Now, however, the U.S. leads the world in […]
Coronavirus Update: SEEING PAST THE HEADLINES IN A TIME OF CRISIS
With the major indexes now in a bear market as the coronavirus has developed into a “Black Swan” event—a major unforeseen risk—the question on most people’s minds is whether markets have hit the bottom or have further to fall. Though it is too soon to tell whether we have reached an actual bottom, there are […]
Coronavirus Update: Putting the Volatility in Context
Such a sharp decline in the market as we have seen over the last several weeks proves, as one commentator put it, why IQ will only get you so far in investing. During times of panic, investing is more about temperament and psychology than it is about intellect. You need to be able to stay […]
Justin Terzo Recognized In 2020 Forbes “Best-In-State Wealth Advisors” List
Congratulations to our co-founder and managing partner Justin Terzo on being selected to the 2020 Forbes “Best-In-State Wealth Advisors” list1 . Justin is honored to be nationally recognized for the 3rd time by Forbes. This award recognizes the highest quality advisors around the country who have consistently proven a core competency in improving the lives of […]
Lake Street Welcomes Connie Bruno
Lake Street is excited to welcome Connie Bruno to the team! “Connie joins us with extensive experience in client service facing roles and will be a tremendous asset to our firm,” says Joe Stock, managing partner. “As we continue to expand our client and advisor base, it’s important we invest in great people to support […]
Coronavirus Update: Avoiding Panic in Uncertain Times
As the chart below demonstrates, the stock market over the long term is an amazing wealth-generating machine. But the cost of reaping its benefits over the long term is staying the course through a agonizing times of worry and panic, the vast majority of which will not end up having a lasting impact. Currently the […]
Coronavirus: Fear versus Fundamentals
Last week the coronavirus was looking more contained. Economic numbers were strong, and the market was pricing in the widespread perception that any economic impact from the virus would be offset by policy makers both at home and abroad who would act fast to provide as much stimulus as needed. All of that changed yesterday […]
Coronavirus Fears Hit Market
Stocks began the week with a 300+ point rally for the Dow index, rebounding from last weeks 2.5% decline, which was triggered by worries about the spread of the coronavirus in China and beyond. For the year so far, the major indexes are now mostly flat with Treasury yields slipping under 1.80%, from 1.92% at […]
2020 Outlook: After a Remarkable Year, Fundamentals Remain Strong
At the beginning of the year with lots of headwinds facing stocks and the bull market entering its 11th year, not even the most optimistic market watchers would have predicted a year as strong as 2019, when nearly every asset class was up strongly. It was a sharp contrast to 2018 when nearly everything was […]
Keeping Our Eye on the Ball During Record Highs
At the close on Friday the market capped off a remarkably strong week heading into the end of the year with all three major indexes around record highs, up six out of the last seven sessions. Before you pop open the champagne in celebration, though, it’s a good idea to get a little perspective by […]
No Trade Deal, No Problem
The major indexes were mostly flat for the week after recovering from a pullback earlier in the week. Perhaps the biggest development was the fact that the market, for once, was not driven by expectations about the outcome of a trade deal with China. In fact, the prospects of the trade deal looked particularly grim […]
Major Headlines
A Lot to be Thankful For Despite the trade war with China heating up again unexpectedly and the market pulling back slightly last week, it is a good opportunity to stop and reflect that is has been a remarkably strong year in the market. Nearly every sector rose in the double digits and nearly every […]
Rich O’Hara Joins the Lake Street Alliance
Lake Street welcomes Rich O’Hara of Clarity Financial Group as a new member of the Lake Street Alliance. Independent advisors who join the Lake Street Alliance have access to a comprehensive support platform that enables them to do what they do best: work with their clients. Rich formed Clarity Financial Group, an independent affiliate of […]
Justin Terzo Wins 2018 Five Star Wealth Manager Award
Lake Street is proud to congratulate Justin Terzo, one of its founding partners, on being appointed a 2018 Five Star Wealth Manager1. The award recognizes wealth managers who provide quality services to their clients. Criteria for the award include assets under management, client retention, and a thorough regulatory and complaint review. “I’m honored to be […]
Don Roseen Joins the Lake Street Alliance
Lake Street is pleased to welcome Don Roseen of Elarin Wealth Advisors to the Lake Street Alliance. A 35-year veteran in the investment industry, Don has led many clients to long-term financial success during his career. Don brings extensive knowledge in capital markets, both in research and execution, as well as advice and guidance. “We […]
What’s in a Name? The Origin of Lake Street Financial
Ever wonder how Lake Street was selected as the name of Chicago’s bespoke investment firm? Back in 2017, along one of Chicago’s most prominent and industrious streets, a unique investment firm began to take shape. Joseph Stock and Justin Terzo, former Merrill advisors, had a vision to create an independent investment firm to be located […]