RZH Insights- Believing vs. Knowing: The Important Transition We Tend to Underestimate

Retirement is a monumental transition, one that often comes with a mix of excitement and uncertainty. In today’s culture, we enthusiastically celebrate milestones like graduations, marriages, and becoming new parents. We even recognize smaller achievements such as a child’s first step, running a 5K, or getting a promotion. Yet, one significant life event that doesn’t often get the attention or preparation it deserves is retirement. Yes, there are retirement parties and celebratory trips, but the challenges often begin after the festivities are over. 

Retirement marks a significant milestone, representing a shift from the demands of daily work to a life hopefully focused on relaxation and enjoyment. However, many retirees often experience stress and anxiety during this period. Despite being physically or mentally ready to stop working, the financial readiness to transition from a saving mentality to a spending mentality can be daunting. Questions about maintaining a particular lifestyle, market volatility, and whether there is enough saved for retirement can create ongoing worry. 

This transition also signifies a significant identity shift. The work done for decades fades into the background, and the certainty of a regular paycheck disappears. Suddenly, the nest egg that has been saved must support you for the next 30-40 years. Will it be enough?  

Most retirees “think” or “believe” they have enough, but do they “know” they have enough? According to CNBC, roughly 47% of Americans feel their ability to be financially secure in retirement will require a “miracle”1.  This statistic truly highlights the need to understand your financial situation in a more comprehensive way.  

Key components of a successful retirement include understanding your financial health, setting clear goals, adapting to change, and conducting regular reviews. There’s no one-size-fits-all approach; each individual and family is unique. It’s not about what you think you should do, but about enjoying this new phase of life in a way that brings true satisfaction.  

We believe that financial planning goes beyond simply accumulating wealth—it’s about understanding what that wealth can do for each client.  When we work with clients, we don’t just focus on the numbers. We ask them, “What are your dreams and aspirations?” Whether it’s spending more time with family, traveling, or checking off bucket list items, we work with clients to craft a strategy that helps to align their financial resources with their non-financial objectives.  

Imagine going into retirement with more than just the reassurance that you have enough.  A robust financial plan can help clients make informed decisions and approach retirement with confidence, optimism and a clear vision for the future. Through open discussions about future goals, and creating a personalized strategy, clients should feel supported and empowered to enjoy the fruits of their hard work. 

At RZH, our mission is to work alongside our clients to help them live tomorrow as they do today, with the confidence that comes from having a carefully designed plan aimed at supporting the lifestyle they envision. No matter where you find yourself in life, we are thankful for the chance to support you on your financial journey. 

Warm regards,

Lauren Rowland, CFP® CDFA®

Principal

[1] “47% of Americans say achieving retirement security will take a miracle. Why inflation is to blame.” CNBC. September 13, 2023.

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RZH Announcement – Introducing Ivy Alexander!

Dear Clients & Friends,

At RZH Advisors, we believe that our clients are at the heart of everything we do. We are dedicated to consistently exceeding your expectations and remain committed to helping you embrace life to the full extent of your wealth.

In pursuit of our mission, we are thrilled to introduce Ivy Alexander, Client Services Associate, to the RZH Advisors team!

Beyond her professional life, Ivy enjoys spending quality time with her children and exploring new cultures through travel. Having grown up in Hartford and spending the last 20 years in Baltimore, MD,  Ivy values both family and personal growth, constantly seeking new challenges to further her career and life experiences.

Please join us in welcoming Ivy to our team and we look forward to our clients getting to know her in the years to come!

RZH Special Memo – RZH Advisors Named a Top RIA Firm by Forbes|Shook in 2024

RZH Advisors is excited to announce that we have been recognized as one of America’s Top Registered Investment Advisors (RIA) for 2024 by Forbes, in partnership with SHOOK Research, for the second year in a row!1 This prestigious ranking highlights RZH Advisors’ commitment to providing a differentiated wealth management experience and life-changing outcomes for our clients.

“We are truly honored to be included in the Forbes|SHOOK list of top RIA firms,” said Carl Zuckerberg, Founding Principal of RZH Advisors. “This recognition is a testament to the dedication of our entire team and their passion for helping our clients live life to the fullest and optimize their wealth.”

The Forbes|SHOOK ranking process is based on a rigorous methodology that includes both qualitative and quantitative factors such as client retention, revenue trends, assets under management, and industry experience. Firms are also assessed on their compliance records and best practices in client service.

This recognition further solidifies RZH Advisors’ position as a leader in the wealth management industry, and the firm remains committed to building long-term relationships with clients through a collaborative and client-centric approach.

A heartfelt THANK YOU to our clients for your trust and confidence, which means the world to us. We also wish to express our deepest gratitude to our devoted team members, whose tireless efforts, great skill, and steadfast commitment to client success are instrumental in attaining this accolade.

To review the complete Forbes|SHOOK 2024 America’s Top RIA firms and important ranking methodology, please CLICK HERE.

  1. Forbes|SHOOK 2024 America’s Top RIA Firms published October 8, 2024, using data from June 30, 2024. RZH Advisors did not provide or receive compensation for inclusion in this ranking.

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RZH Insights: Mid-Year-Ish Update and Observations

Dear Clients and Friends of RZH:

As always, I cannot believe we’ve well-passed the mid-point mark of the year. I’ve started to write this mid-year memo a few times since June 30th, only to have dramatic geopolitical events and extreme intraday market volatility throw a wrench into the narrative and make my comments seem untimely.

However, at RZH we know to expect the unexpected, and therefore continue to stay vigilant and focused on our mission:

We empower our clients to live life to the fullest by striving to optimize their wealth and seeking to ensure market fluctuations are irrelevant to their financial security. We aim to meaningfully enhance financial success, creating a positive impact on the futures of our clients and their loved ones.

Delivering on this, irrespective of drama from current events and the media’s shrieking, can be challenging. Combined with the realities of human nature, ignoring market volatility may not always be possible – I get it. However, a key to generating, preserving, and endowing multigenerational wealth is to avoid believing that “this time it’s different” and instead embrace the words “this too shall pass” – even if you can’t immediately see how or when the current “crisis” will end.

Our portfolios and financial plans are built with the goal of making current events and market volatility irrelevant to your financial security. So, as I usually do in these reports, I ask that we remember a handful of what I regard as timeless truths about enduringly successful wealth management. Then we can proceed to some more current observations.

General Principles of the RZH Advisor’s Investment Philosophy

We are goal-focused and planning-driven, prioritizing long-term investment success through consistent implementation of a plan, rather than reacting to market events. History shows that the economy cannot be reliably forecast, nor markets consistently timed. As long-term investors, we work towards your lifetime goals without attempting to predict markets, which historically has a low success rate. Knowing this, we believe that the only way to be sure of capturing the full premium return of stocks is to ride out their frequent, but ultimately temporary declines.

Factors which add a significant amount of value to an investment plan are: (i) keeping costs low, (ii) being diversified, (iii) focusing on tax efficiency, (iv) staying liquid, and (v) matching asset allocation and investments with objectives.

We believe the focus of planning-driven portfolio management remains unchanged:

  • The performance of a portfolio relative to a market benchmark is largely irrelevant to long-term financial success.
  • We believe the only relevant benchmark is the one that indicates whether we are on track to accomplish your goals.
  • Risk should be measured as the probability that we will not achieve your goals.
  • Investing should have the exclusive purpose of minimizing the risk of not achieving your goals.

Current Commentary

The first part of 2024 can simply, but accurately, be summed up in two observations. (1) The U.S. economy continued to grow, however modestly[1]. (2) The equity market, responding to accelerating earnings growth and dividend increases, did very well – the S&P 500 rose more than 15% by June 30th[2].

Economic growth remained marginally positive, continuing to avoid recession, while job growth continued relatively strong[3]. Inflation slowed modestly, providing the Federal Reserve with no urgent prompting to reduce interest rates.

Monetary policy remains gently but quite firmly restrictive – that is, the fed funds rate is well above the inflation rate – this is beneficial for long-term investors. Getting inflation down to the Fed’s target of two percent remains the priority[4].

Tsunami Warning

However, this exact narrative (which led to all-time highs in the S&P 500 and NASDAQ) was quickly tested over the last week [5].  In a split second, news last week of the Fed holding interest rates steady, suddenly created fears of a recession.  In addition, something called “the unwinding of the Japanese Yen carry trade” resulted in US markets selling off quickly – with international markets fairing even worse. The Japanese stock market fell by more than 12% today alone!  So much for the celebrated “soft landing!”

As we have coined it: “the velocity of volatility” is once again on full display this week.

However, downturns and corrections are completely normal. A 5% downturn has occurred in 94% of all years since 1928. A 10% correction has historically occurred in around two-thirds of all years [6].

Even so, corporate earnings and dividends are at record levels [7].

Earnings and dividends are the variables that ultimately drive the long-term value of our core equity investment strategy: ownership in a broadly diversified portfolio of enduringly successful companies. Not the national debt; not the looming election; not the presence or absence of Fed rate cuts; not war(s); not the onset of the next regularly scheduled government shutdown, or whatever “crisis” comes next.

I continue to believe that the more we focus on the fundamental strengths of our portfolio construction and core assets, the more we are able to tune out the noise, and the less danger we will be in of emotional overreaction to gyrations in the stock market.

During these uncertain times, and more than ever…

  • I believe in our planning.
  • I know that our portfolio construction process is resolute.
  • I love what we own in our portfolios.
  • I am supremely confident in our ability to deliver on our mission statement.

Thank you, as always, for being our clients. It is a privilege to serve you.

Best wishes for a wonderful continuation of your summer,

P.S.   With less than 100 days until the election, the volume is going to get turned way up and anxiety and uncertainty can run high.  As my colleague Brendan McEwan wrote about last month, please avoid the temptation to let politics interfere with your portfolio.  Call us if you need to discuss your feelings or inclinations to do something with your investments.  Regardless of the outcome, in time the great companies will navigate through it, or around it.

[1] US economic growth for last quarter is revised up slightly to a 1.4% annual rate. AP News. June 27, 2024.

[2] S&P 500 Index performance as measured for the period January 1, 2024 – June 30, 2024, assuming dividend reinvestment.

[3] Another month of robust US job growth points to continued economic strength. AP News. April 5, 2024.

[4] The Fed left rates unchanged in July but may still make a cut before the end of the year. Here’s what it means for your money. Fortune. July 31, 2024.

[5] All 3 major stock indexes close at record highs as inflation slows down. The Hill. May 15, 2024.

[6] This is Normal. A Wealth of Commonsense. August 4, 2024.

[7] High Corporate Profits Go to Dividends and Cash Stockpiles. Forbes. March 20, 2024.

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RZH Announcement – RZH is Growing, Growing, Growing!

At RZH Advisors, we love celebrating milestones with our clients, friends and team members.  

Celebrating New Beginnings 

The RZH family is thrilled to announce the arrival of three beautiful new bundles of joy!  Please join us in congratulating our team members and their families on these joyous occasions: 

  • Lauren Rowland and Family: Lauren, Partner, is excited to introduce her son, Aidan, born on March 20, 2024. Lauren, husband Ricky and big sister Sadie are basking in the love and excitement that a new baby brings.
  • Brendan McEwan and Family: Brendan, Senior Financial Advisor, welcomed a baby boy, Liam, on December 27, 2023. Brendan, wife Jackie, and big sister Chloe are doing well and enjoying this precious time with their new addition. 
  • Breanna Gabriel and Family: Breanna, Financial Analyst, celebrated the arrival of her first child, a baby girl, Charlotte on February 23, 2024. Breanna and her husband Chris are cherishing these early moments with their newest member. 

These new additions remind us of the importance of family and the joy that comes with new beginnings. At RZH Advisors, we value the balance between professional dedication and personal fulfillment, and we are thrilled to support our team members as they embark on these new chapters in their lives. 

Our Commitment to You 

As our team grows, so does our commitment to providing you with the extraordinary service and personalized advice you have come to expect from RZH Advisors. We remain dedicated to helping you achieve your goals and navigate your financial journey with confidence. 

Our team is here for you, and we look forward to continuing to serve you with the same level of care and capability – even though Brendan, Breanna and Lauren may be a little sleep deprived!

Thank you for being a valued part of the RZH Advisors community.  Together, we celebrate life’s special moments and look forward to a bright and prosperous future. 

RZH Insights – Presidential Elections & Your Portfolio: Separating Fact From Fiction

As November approaches, it’s natural to wonder about the impact of presidential elections on investment strategies. Every four years, the political landscape undergoes a potential seismic shift, and investors often brace themselves for possible market turbulence. During presidential election years, a common question we hear, regardless of your political party affiliation is: what happens to the markets and my portfolio if the winning candidate does not align with my political views? And since we have no way to know for certain who will win, should we consider changing our investment plan? While we acknowledge the concerns inherent in asking these questions, it is essential to separate the noise from the facts. It’s time to debunk the myth that the political party in power determines stock market success.

The Myth of Party Influence

One common misconception is that the political affiliation of the incoming president significantly influences stock market performance. Historically, there’s been a prevailing belief that Republican administrations are better for markets due to their pro-business policies. Conversely, some argue that Democratic leadership fosters economic growth, which translates into positive market outcomes. Empirical evidence shows that the stock market is indifferent to which political party occupies the White House and numerous studies have debunked the notion that stock market returns are tied to the party affiliation of the president[1]. The S&P 500 index, which represents a broad cross-section of the U.S. equity market, has demonstrated remarkable resilience, irrespective of who sits in the Oval Office.

Data-Driven Insights

An investment of $1,000 in the S&P 500 when Franklin Delanor Roosevelt (“FDR”) was elected president in 1933 would have grown to over $21,000,000 by December 31, 2023[2]. During that time there have been seven Republican and eight Democratic presidents. Looking at this another way, the annualized median performance of the Dow Jones Industrial Average (“DJIA”) since the early 1900s was 7.9% under Republican Presidents and 7.7% under Democratic Presidents[3]. Regardless of which political party occupies the White House, the stock market has exhibited positive returns in the vast majority of cases. This resilience underscores corporate America’s ability to adapt to changing political landscapes and economic policies.

SOURCES: Capital Group, RIMES, Standard & Poor’s. Chart illustrates the growth of a hypothetical $1,000 investment in S&P 500 Index beginning on March 4, 1933 (the date of Franklin D. Roosevelt’s first inauguration) through December 31, 2023, assuming dividend reinvest, and taxes paid from an alternative source. Dates of party control are based on inauguration dates. Values are based on total returns in USD shown on a logarithmic scale. Investors cannot directly purchase an index. Past performance does not guarantee future results and individual investment performance will vary.

Simply put, investment markets hate uncertainty, and the backdrop of a presidential election year creates a heightened level of volatility in the capital markets. Historically, this trend persists through the campaigns and ultimately the volatility reduces further once a president is elected. It’s important to note that regardless of which party is elected, after the election, markets have often exhibited upwards trajectories, reaffirming the resilience of a long-term investment strategy. So far 2024 has held true to historical trends with increased volatility in the earlier stages of the year with both the Dow Jones Industrial Average and the S&P 500 reaching new all-time highs[4]. As fewer questions remain and more becomes clear, we expected that this heightened level of volatility may subside.

Factors Driving Market Performance

Instead of fixating on political rhetoric, it is important to adhere to the principles outlined in your financial plan. Investors can mitigate the impact of election-related volatility by maintaining a diversified portfolio and staying committed to a long-term investment strategy.

While presidential elections may introduce temporary fluctuations in market sentiment, it’s crucial to maintain a disciplined approach to investing. Rather than attempting to time the market based on political conjecture, we believe investors should prioritize asset allocation, risk management, and financial planning objectives. In the customized plans we’ve crafted for each of you, we’ve established a unique strategy tailored to help you achieve your financial goals. The key is to stick to this strategy, even through investment uncertainties and periods of market volatility. The financial controls that we build into our portfolio allow our clients to weather these bouts of volatility and not have to trade during this uncertainty.

Conclusion

We remind clients that investing in a presidential election year requires a solid financial plan, a focus on long-term fundamentals, and adhering to a well-defined strategy, regardless of who occupies the White House. While political headlines may grab attention, they often have limited bearing on overall market performance. By staying informed, maintaining a diversified portfolio, and adhering to sound investment principles, we can help you better manage election-related uncertainties.

We are always here for you, thank you for being our clients and trusting us with your financial journey, it is a genuine privilege to serve you.

If you are interested in learning more, Capital Group does a great job of compiling this data every 4 years. Please click here to read their full report.

Best regards,

Brendan McEwan, CFP® CIMA®

Senior Financial Advisor

[1] “Investing and Politics”, BESPOKE Investment Group, 2024

[2] “Guide to Investing in an election year”, Capital Group, 2024 Edition. The calculation assumes a hypothetical $1,000 investment in the S&P 500 Index beginning on March 4, 1933 (the date of Franklin D. Roosevelt’s first inauguration) through December 31, 2023, assuming dividend reinvest, and taxes paid from an alternative source. Full calculation methodology available upon request. Investors cannot purchase an index directly.

[3] “Investing and Politics”, BESPOKE Investment Group, 2024. DJIA returns Under US Presidents Since 1900. Percent change is calculated through for the period of September 14, 1901 – March 20, 2024.

[4] “S&P 500 jumps 1% to post record close, ending session above 5,300 for the first time”. May 15, 2024. https://www.cnbc.com/2024/05/14/stock-market-today-live-updates.html.

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RZH Special Memo – Carl Zuckerberg Named to Barron’s Top 1200 Financial Advisor Ranking for 2024

RZH Advisors proudly announces that Carl Zuckerberg, Co-Founder and Chief Investment Strategist, has been recognized by Barron’s as one of the Top 1200 Financial Advisors for 20241. This prestigious accolade is a testament to Carl’s dedication to our clients – striving to continuously improve their lives and strengthen their financial position.

Barron’s, one of the most respected publications in the financial industry, conducts an extensive review process to identify the top financial advisors across the United States. Their methodology includes assessing factors such as quality of practice, business growth, regulatory record, assets under management, and philanthropic work. Carl’s inclusion in this notable list highlights both his and RZH’s commitment to clients and their financial success.

With over 30 years of experience in the financial services industry, Carl guides the firm’s investment management and portfolio construction process. He is known for his holistic, yet disciplined, approach to investment management and his ability to demystify investing while crafting solutions to meet each client’s unique needs and goals. And, just like the numerous accolades Carl has received in the past, this recognition belongs to every team member at RZH.

“I am grateful to be named to Barron’s Top 1200 Financial Advisors for 2024,” said Carl. “However, this recognition really reflects the trust and confidence that our clients have placed in all of us at RZH Advisors. It is truly our remarkably talented team, who collectively, produce such outstanding results for those we serve.”

Congratulations Carl and thank you for helping RZH clients embrace life to the full extent of their wealth!

To learn more about the methodology used by Barrons for the Top 1200 Financial Advisors ranking please click HERE.

1. Barron’s “2024 Top 1200 Advisor Rankings by State” was published on March 15, 2024, based on assets under management, revenue produced for the firm, regulatory record, quality of practice, and philanthropic work as of September 30, 2023. The data used in this ranking is provided by individual advisors in conjunction with regulatory databases. No compensation was exchanged in consideration for this ranking.

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RZH Insights – “In spite of the cost of living, it’s still popular”

“In spite of the cost of living, it’s still popular” – Kathy Norris

This witticism aptly captures the current state of the U.S. economy, where inflation remains persistently high. Americans, renowned for their robust spending habits, continue to prioritize maintaining their lifestyles, further complicating economic predictions.

This has led to increased market volatility over the last few weeks as pundits extrapolate this to mean that the Federal Reserve will be slower to lower interest rates than previously anticipated. Through March of this year, the stock market rallied assuming Fed rate cuts were imminent. However, an abrupt change in perception led to a recent 5.3% decline in stock values over three weeks, with bond prices also dropping as interest rates rose.1

I usually find it less necessary to write newsletters during bullish market phases. Research indicates that overloading investors with information can sometimes lead to unneeded anxiety. As Warren Buffet’s longtime partner, Charlie Munger, once said “the first rule of compounding is to never interrupt it unnecessarily.” (Charlie was a national treasure who we sadly lost in November, just days away from his 100th birthday. Warren credits Charlie with much of Berkshire Hathaway’s success.)

So, when my phone started ringing more than usual lately, with clients nervous about this new (downward) volatility, I knew it was time to reach out.

The Fed’s goal going into 2022 was to defeat inflation through “demand destruction.” They took a sledgehammer to the economy, using 11 interest rate hikes and quantitative tightening to break inflation. The Fed rate hikes which began on March 17, 2022, also created a dreaded “inverted yield curve” which the media assured us would throw the country into a recession at any moment. We were told to brace for a “hard landing”.  Robert Shiller paraded around on TV, his CAPE Ratio – which implied that stocks were grossly overvalued, was surely correct and famed money manager Jeremy Grantham (on August 31, 2022) said this would lead to “an epic crash.” Since then, other headlines have tried to separate our clients from their investments and seek the perceived safety of cash.

The inflation mania peaked soon after, in the fall of 2022, and despite these dire forecasts our advice remained steadfast. I wrote a newsletter on September 27, 2022, reiterating our continued guidance to stay focused, continue working the plan, and not change course because of doomsday predictions. I wrote: “I believe that making investment policy based on predictions, instead of evidence, is very dangerous.” “The worst plan is the one not followed – especially in the face of provocation such as this market environment and media hysteria.”  Current events, and the market’s gyrations in response, are the third rail of investing.

Fortunately, RZH clients heeded this advice and those in the public who panicked, adrift without an advisor, missed out on a stock market advance of 45% since my September 2022 newsletter.2 Yes…over the next 19 months or so, the S&P 500 (with dividends) produced over four years’ worth of average returns.3  There was no “landing” at all, hard or soft.  The US economy just kept cruising, corporate earnings kept growing and stock prices followed suit.

This reinforces our philosophy that a thoughtfully crafted, plan-driven, stress-tested portfolio makes current events irrelevant to what we do. And it further reinforces our mantra; the markets cannot be consistently timed, and the economy cannot be reliably forecast.

As we face 2024, we expect continued volatility, influenced by global conflicts, domestic unrest, sticky inflation, and a presidential election which is sure to be a spectacle. 

So, during such times of fear and uncertainty, it is always prudent to revisit some core tenants of our investment philosophy:

General Principles of the RZH Investment Philosophy

  • We are goal-focused and planning-driven, as sharply distinguished from an approach that is market-focused and current-events-driven. We believe long-term investment success comes from continuously acting on a plan. Investment failure often results from continually reacting to current events in the economy and the markets.
  • History has shown that the economy cannot be reliably forecast, nor the markets consistently timed. You and RZH are long-term investors, working steadily toward the achievement of your most cherished lifetime goals. We make no attempt to forecast, much less time, the equity markets; these efforts have a historically extremely low probability of success.
  • Understanding investors’ inability to consistently time the stock market, we believe that the only way to be sure of capturing the full premium return of stocks is to ride out their frequent but ultimately temporary declines.
  • Factors which add a significant amount of value to an investment plan are: keeping costs low, being diversified, focusing on tax efficiency, staying liquid, and matching asset allocation and investments with objectives.
  • Our essential principles of goal-focused portfolio management remain unchanged:
    1. The performance of a portfolio relative to a market benchmark is largely irrelevant to long-term financial success.
    2. The only benchmark we should care about is the one that indicates whether we are on track to accomplish your financial goals.
    3. Risk should be measured as the probability that we will not achieve your goals.
    4. Investing should have the exclusive purpose of minimizing the risk of not achieving your goals.

Our mission remains – to help our clients and their families embrace life to the full extent of their wealth, knowing they have a plan in place which makes short-term market fluctuations irrelevant to their financial security.

We are always here for you and continuously available to discuss market dynamics or how your financial plan and portfolio is prepared for future uncertainties.

Thank you for being our clients and trusting us with your financial journey, it is a genuine privilege to serve you.

Best wishes for a wonderful summer!

Carl J. Zuckerberg, CFP®, AIF®, CIMA®

Principal, Chief Investment Strategist

1. Performance calculated using Vanguard S&P 500 ETF (“VOO”) closing price as proxy for S&P 500 Index for the period March 28, 2024, through April 19, 2024, assuming dividend reinvest. Full calculation methodology available upon request.

2. Performance calculated using Vanguard S&P 500 ETF (“VOO”) closing price as proxy for S&P 500 Index for the period September 27, 2022, through May 6, 2024, assuming dividend reinvest. Full calculation methodology available upon request.

3. “Average returns” refers to average annual returns of the S&P 500 index from 1926-2023 of 10.1% as published in the Dimensional Fund Advisors Matrix Book, Historical Returns Data.

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RZH Special Memo – InvestmentNews Names Carl Zuckerberg as Top Advisor!

RZH Advisors is pleased to announce that Carl Zuckerberg, Founding Principal, has been named to the inaugural 2024 InvestmentNews Top Financial Advisors ranking. This list highlights some of the industry’s finest advisors who provide clients with trusted advice, unbiased investment guidance and comprehensive wealth management.

As a recognized authority within the investment advisor community, InvestmentNews conducted an exhaustive research study spanning 12 months to identify and showcase the industry’s top performers. In this thorough assessment, Carl was ranked as one of the top 10 financial advisors in the industry.

As Carl puts it, this award is really a reflection of RZH. “I must emphasize that this achievement is not solely mine to claim. It is a testament to the remarkable team of professionals at RZH Advisors. Our success in delivering impactful results for our clients stems from the collective efforts of our talented and dedicated individuals. No one person can take credit for our accomplishments. It is truly a team effort, day in and day out. Thank you to everyone at RZH!”

At RZH, we take pride in our outstanding team and the camaraderie we share as we pursue our mission of helping clients embrace life to the full extent of their wealth.  Serving our clients is a privilege we hold dear, and we are grateful for the opportunity to be a part of their journey.

The full ranking methodology can be found here.

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RZH Special Announcement – RZH Advisors Names Lauren Rowland as Firm Partner

RZH Advisors is pleased to announce the appointment of Lauren Rowland as Partner. This promotion reflects Lauren’s outstanding contributions to our clients and the firm over the past three years.

Lauren joined RZH Advisors in 2020 and quickly established herself as a key member of the team. With a strong background in financial planning and a deep understanding of the unique challenges faced by high-net-worth individuals, Lauren has consistently demonstrated an ability to navigate complex financial situations.

Lauren is especially adept at understanding a client’s true dreams and aspirations, crafting bespoke solutions to achieve these goals. This focus and dedication has played a pivotal role in solidifying RZH Advisors’ reputation as a trusted partner in wealth management allowing our clients to “Embrace Life to the Full Extent of their Wealth”.

“Lauren Rowland’s promotion to Partner is a testament to her exceptional skills, commitment, and the value she brings to our clients,” said Carl Zuckerberg, Chief Investment Strategist & Co-Founder. Spencer Cooper, Chief Wealth Strategist continues, “Her ability to tackle complex financial planning needs with precision and creativity has been a driving force behind our firm’s success. We are confident that Lauren will continue to excel in her new role and contribute to the growth of RZH Advisors.”

Lauren’s promotion reflects RZH Advisors’ commitment to recognizing and nurturing talent within the organization. As a Partner, Lauren will assume new management responsibilities and play a key role in shaping the firm’s strategic direction, fostering client relationships, and contributing to the overall success of RZH Advisors and our clients.

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