The Weekly Wealth of Knowledge is your download of this week’s most important topics related to our community, financial planning, the markets and more! In July, we continue with the theme of the month, “independence.” Our content all month long will be highlighting all of the benefits of working with an independent financial services firm like Moneco and ways to pursue financial stability.
In this issue:
- Moneco Insights – Entrepreneurship & Financial Independence (3 min read)
- Team Moneco – Growing… (2 min read)
- June Jobs Report (3 min read)
- BONUS: 6th Annual Fairfield Police Sunset 5k – Presented by Moneco Advisors
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Moneco Insights – Entrepreneurship & Financial Independence
As we continue with the theme of “independence” all month long, this week our Insights team looks at securing your financial future as an entrepreneur. We will look at some of the reasons people are drawn to this type of career path, business planning, securing funding and much more. As always, if you have any questions, we are here for you.
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Team Moneco – Growing…
Your Moneco Advisors team is growing. Last month we welcomed two new members to the team. Both will be based out of the Fairfield office. Deirdre Childs joins as as our new Director of Marketing. She comes to us from a local RIA with a national presence. Her addition will allow us to further get involved with telling the Moneco story and strengthening our community presence across all of our locations. She will also take the lead on our brand management, strategic operations and promotion.
Also last month, we added yet another Relationship Manager to the team. Matt Keys joins us directly from Bentley University, where he not only graduated with a Bachelor’s degree, but logged some extra time and also attained a Masters in Finance. He will immediately be able to make an impact, while assisting in the building out of financial plans and working closely with the partners in elevating our client service. Welcome Deirdre and Matt!
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June Jobs Report
Last week the U.S. Bureau of Labor Statistics released its June jobs numbers, as well as the revisions for May. The unemployment rate ticked up to 4.1%, which is the highest reading since October of 2021. All eyes will be on the FED when they convene on July 30-31st to assess the overall economy and determine how they will proceed with interest rates. If you have any questions, do not hesitate to reach out.
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6th Annual Fairfield Police Sunset 5k – Presented by Moneco Advisors
The 6th Annual Fairfield Police Sunset 5K – Presented by Moneco Advisors is set for July 17th. All proceeds will be donated to the Fairfield Police Union Scholarship Fund & the Fairfield Police Foundation. You can run (3.1 mile) or walk (1 mile) course. We were able to increase the number of participants to 1000 this year and do expect to sell out, so don’t delay, sign up today for Fairfield’s most memorable night of the summer! Sponsorship opportunities available via the registration link as well.
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Important Information
This material is for general information only and is not intended to provide specific advice or recommendations for any individual. There is no assurance that the views or strategies discussed are suitable for all investors or will yield positive outcomes. Investing involves risks including possible loss of principal. Any economic forecasts set forth may not develop as predicted and are subject to change.
Moneco Advisors, LLC and LPL Financial are not affiliated with any other referenced entity.
This commentary reflects the personal opinions, viewpoints and analyses of the Moneco Advisors employees providing such comments, and should not be regarded as a description of advisory services by Moneco Advisors or performance returns of any Moneco Advisors client. The views reflected in the commentary are subject to change at any time without notice. Nothing in this commentary constitutes investment advice, performance data or any recommendation that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. Moneco Advisors manages its clients’ accounts using a variety of investment techniques and strategies, which are not necessarily discussed in the commentary. Investments in securities involve the risk of loss. Past performance is no guarantee of future results.