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Fortem Financial

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2019 was one of the best years for the markets and economy... 2020 should be better than you expect

Each year we like to provide you with some insight for the coming year ahead. We like the consistent outlook of one of our favorite portfolio managers/analysts, Bob Doll, from Nuveen asset management. Below is how Bob's predictions are faring so far for 2019. We will bring you his 2020 predictions right after the new year. As 2019 unwinds (and before we unveil Bob’s 2020 Predictions), it’s a good time to look back at the past 12 months and provide initial thoughts about what the… View More

The Santa Claus Rally continues…and may continue for 2020

In a quiet, pre-holiday trading week, the major indices continued to move higher on renewed optimism for stronger economic growth in 2020. The Nasdaq (2.18%) outperformed followed by Russell 2000® Index (2.07%), the S&P 500® Index (1.65%) and the Dow Jones Industrial Average (1.14%). The de-escalation of trade wars with the Phase One agreement between the U.S. and China provided this week’s catalyst despite the lack of details on the agreement’s terms. Presidents Trump and… View More

Washington Tax Update: Sweeping Retirement Legislation

Congress Passes Sweeping Retirement Legislation, Sends To President's Desk Congress has passed the Setting Every Community Up for Retirement Enhancement or SECURE Act as part of its 2020 spending package — providing advisors, the financial services industry and investors with the most significant piece of retirement legislation in a decade. Currently, 40% of private-sector workers do not have access to a workplace retirement plan. “The SECURE Act… View More

Gifting to charities

As the end of the year and the holiday season approach, we will all see an increase in the number of charitable solicitations arriving in our mailboxes and by email. Since some charities sell their contributor lists to other charities, frequent contributors may find themselves besieged by requests from all sorts of charities with which they are not familiar. Watch Out for Charity Scams – You need to be careful; there are scammers out there pretending to be… View More

Market shrugs off Impeachment and looks forward to China trade deal and Brexit moving forward

The equity markets ebbed and flowed last week on reports of a Phase One trade agreement between the U.S. and China. On Friday, the White House confirmed earlier rumors of an agreement; the markets’ muted reaction reflects the lack of specifics and modest scope of the deal. More details are coming out today and looks like the markets are welcoming the news. Last week, the Nasdaq (0.91%) led the market gains followed by S&P 500® Index (0.73%), the Dow Jones Industrial… View More

Big job report flies in the face of Recession fears….Wages continue to grow for the working class

Most of the major indices closed fractionally lower for the week even after Friday’s jobs report, an unexpected gain of 266,000 jobs in November, provided the markets an early holiday gift. The estimates, 187,000 non-payroll jobs would still have been an improvement over Octobers’ upwardly revised 156,000 new hires. The unemployment rate fell to 3.5%, a 50-year low; wages increased 3.1% year-over-year. Also, the Michigan consumer confidence index rose to 99.2 compared to… View More

Economic growth has been stabilizing (for the most part)

The global economic environment seems to be healthier than it was a year ago. Notably, we see evidence of more solid growth around the world, and not just in the U.S. as was the case through much of 2018. The consumer sector in particular has been quite strong and has propelled the broader economy. One year ago, investors were highly worried about a global recession, but those risks appear to have faded. In fact, if anything, we think investors may have grown… View More

Don’t fear an overbought market this time of year

A number of tactical indicators remain overbought, but the historical data would say that’s actually a good thing. Overbought conditions in uptrends are often consistent with better than average future returns and positive hit rates, and their presence is a common feature in durable market advances. Seasonality can reinforce a trend, and the calendar is clearly a tailwind for performance the final 6 weeks of the year. Following several consecutive weeks of… View More

Markets at all times high despite all the trade and impeachment noise

Investors remain at the mercy of trade headlines which are light on substance. The major indices eked out slight gains last week despite contradictory statements on the progress of finalizing the Phase One agreement. The Dow Jones Industrial Average rose 1.17%, followed by the S&P 500® Index (+0.88%), the Nasdaq (+0.77%) and the Russell 2000® Index (-0.15%). Negotiations stalled this week as China stated that it expected a tariff roll back as a condition for an… View More

How the market interprets the news….it’s not how you think it would be…

In the stock market, expectations matter. At any given moment, the stock market will reflect a certain set of expectations. And so, what moves markets are changes in those expectations. In other words, news doesn’t have to be good or bad on an absolute basis to move markets. It just has to be relatively better or worse than what was expected. Based on this logic, you can have bad news crossing the wires. But as long as investors and traders were expecting worse, you should in turn… View More

PRIVACY NOTICE REGARDING CLIENT PRIVACY

Fortem Financial Group, LLC, has adopted this policy with recognition that protecting the privacy and security of the non-public personal information we obtain about our customers is an important responsibility.

All financial companies choose how they share your non-public personal information. Federal law gives consumers the right to limit some but not all sharing. Federal law also requires us to tell you how we collect, share, and protect your non-public personal information. Even when you are no longer our customer, we will only share your non-public personal information as described in this notice. So, please read this notice carefully to understand what we do.

The types of non-public personal information we collect and share depend on the product or service you have with us. This information can include items such as your Social Security number and income, your account balances and transaction history, and your investment experience and account transactions.

We collect your non-public personal information in a variety of ways. For example, we obtain your non-public personal information when you open an account or give us your income information, tell us about your portfolio or deposit money, or enter into an investment advisory contract. We also collect your non-public personal information from other companies. For example, from the custodians who hold your account assets.

All financial companies need to share customer’s non-public personal information to run their everyday business. Below, we describe the reasons we can share your non-public personal information and whether you can limit this sharing.

We share your non-public personal information for our everyday business purposes such as to process your transactions, maintain your account(s), respond to court orders and legal investigations, report to credit bureaus, to protect the confidentiality or security of your records, or as permitted by law. We may also share your non-public personal information for our own firm’s marketing purposes; so that we can offer our products and services to you.

Federal law gives you the right to limit only sharing non-public personal information about your credit worthiness for our affiliates’ everyday business purposes; sharing non-public personal information about you with our affiliates to market to you; and sharing non-public personal information with non-affiliates to market to you.

We don’t share non-public personal information about your creditworthiness with our affiliates for their everyday business purposes. We don’t share your non-public personal information with our affiliates to market to you. We don’t share your non-public personal information with non-affiliates to market to you. We also don’t share your non-public personal information for joint marketing with other financial companies. State laws and individual companies may give you additional rights to limit sharing.

We share non-public personal information with our parent company affiliate, Focus Financial Partners, Inc, for its internal and external auditing purposes. We also share your non-public personal information with a non-affiliate for the purpose of aggregating it and providing summary information based on this data to our parent company, Focus Financial Partners, Inc.

To protect your non-public personal information from unauthorized access and use, we use security measures that comply with federal law. These measures include computer safeguards and secured files and buildings.

Our policy about obtaining and disclosing non-public personal information may change from time to time. We will provide you notice of any material change to this policy before we implement the change.

If you have questions please call us at 760-206-8500 or go to our website at www.fortemfin.com.

IMPORTANT CONSUMER DISCLOSURE

Fortem Financial Group, LLC ("Fortem Financial" or the "Firm") is a federally registered investment adviser with offices in California. Fortem Financial and its representatives are in compliance with the current registration and notice filing requirements imposed upon federally registered investment advisers by those states in which Fortem Financial maintains clients. Fortem Financial may only transact business in those states in which it is notice filed, or qualifies for an exemption or exclusion from notice filing requirements.

This website is limited to the dissemination of general information regarding the Firm's investment advisory services offered to U.S. residents residing in states where providing such information is not prohibited by applicable law. Accordingly, the publication of Fortem Financial' website on the Internet should not be construed by any consumer and/or prospective client as a solicitation to effect, or attempt to effect transactions in securities, or the rendering of personalized investment, tax or legal advice. Furthermore, the information resulting from the use of any tools or other information on this website should not be construed, in any manner whatsoever, as the receipt of, or a substitute for, personalized individual advice from Fortem Financial. Any subsequent direct communication from Fortem Financial with a prospective client will be conducted by a representative that is either registered or qualifies for an exemption or exclusion from registration in the state where the prospective client resides. Fortem Financial does not make any representations as to the accuracy, timeliness, suitability, completeness, or relevance of any information prepared by any unaffiliated third party, whether linked to this website or incorporated herein, and takes no responsibility therefore. All such information is provided for convenience purposes only and all users thereof should be guided accordingly.

All statements and opinions included on this website are subject to change as economic and market conditions dictate, and do not necessarily represent the views of Fortem Financial or any of their respective affiliates. Past performance may not be indicative of future results and there can be no assurance that any views, outlooks, projections or forward-looking statements will come to pass. Investing involves risk, including the potential loss of principal, and the profitability of any particular investment strategy or product cannot be guaranteed.

Any rating referenced herein may not be representative of any one client's experience. Further, the Firm's receipt of any rating is not indicative of the Firm's future performance. The Charles E. Merrill Circle of Excellence award is granted by Merrill Lynch for outstanding client service and satisfaction. The award is granted based on annual criteria established by Merrill Lynch for its top decile advisors. The Barron's Top 1,200 Financial Advisors rating of the top financial advisors in the United States is based on data provided by participating firms. The following factors are included in the rankings: assets under management, revenue produced for the firm, regulatory record, quality of practice and philanthropic work. Investment performance is not an explicit component. The Five Star Professional award is granted by Five Star Professional and recognizes service professionals who provide quality services to their clients based on data provided by participating firms. The award is granted based on the following ten objective eligibility and evaluation criteria: credentialed as an investment advisory representative (IAR) or a registered investment advisor; actively employed as a credentialed professional in the financial services industry for a minimum of five years; favorable regulatory and complaint history review; fulfilled their firm review based on internal firm standards; accepting new clients; one-year client retention rate; five-year client retention rate; non-institutionalized discretionary and/or non-discretionary client assets administered; number of client households served; and educational and professional designations. Feedback from consumer surveys will augment a regulatory history review. Firms have the option to provide input on award candidates from their firm, regardless of the nomination source. The Palm Springs Life's "40 Under 40" Rising Young Professionals to Watch in the Coachella Valley is based upon nominations from the local business community and selected by the staff of Palm Springs Life.

For information pertaining to the registration status of Fortem Financial, please refer to the Investment Adviser Public Disclosure website, operated by the U.S. Securities and Exchange Commission, at www.adviserinfo.sec.gov., which contains the most recent versions of the Firm's Form ADV disclosure documents.

ACCESS TO THIS WEBSITE IS PROVIDED FOR INFORMATIONAL PURPOSES ONLY AND WITHOUT ANY WARRANTIES, EXPRESSED OR IMPLIED, REGARDING THE ACCURACY, COMPLETENESS, TIMELINESS, OR RESULTS OBTAINED FROM ANY INFORMATION POSTED ON THIS WEBSITE OR ANY THIRD PARTY WEBSITE REFERENCED HEREIN.