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Harris & Associates Makes Clients Money in a Down Market

LOS ANGELES, CA, UNITED STATES, May 11, 2022

EINPresswire.com/Article

HARRIS & ASSOCIATES, A Registered Investment Advisor, creates strategies that protect clients from volatility and even gain a few dollars in a down market.

With interest rates on the rise, and equities shedding significant value, most investors may be feeling nervous about their retirement and capital investments. However, it doesn’t have to be so.

While many advisors collect a fee, and remain passive in managing client assets, HARRIS & ASSOCIATES  is an active manager. Of course, actively managing client portfolios is not a panacea. During down markets many active managers move clients to more short-term bonds and other low yield income positions. They buy ‘defensive’ equities such as utilities, health care and commodities. But, in this market those defensive positions have suffered substantial losses right along with technology and other more aggressive sectors.

May 5th was a “cliff drop” after the rally the day before when the Fed announced its 50-basis point increase in interest rates. Here are three May 5, 2022 end of day Financial Indexes:

How would you like to see your May 5th portfolio basically flat and stable, with a little gain like this?

Contact Harris & Associates to see qualifications for their investment advisory program here.

CONTACT: Jennifer Pangelinan
505 N. Sepulveda Blvd., Suite 5
Manhattan Beach, CA 90266-6743
Phone (310) 318-3700 Fax (310) 318-3766
Toll-Free 888-50-INVEST (888) 504-6837
Website: www.harrisadvisory.com
CA Insurance Lic #0826411

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Disclosure: D.L. Harris & Associates Insurance Services, Inc. dba Harris & Associates is a Registered Investment Adviser (“Harris & Associates”). This brochure is solely for informational purposes. Advisory services are only offered to clients or prospective clients where Harris & Associates and its representatives are properly licensed or exempt from licensure. Past performance is no guarantee of future returns. Investing involves risk and possible loss of principal capital. No advice may be rendered by Harris & Associates unless a client service agreement is in place.

You must receive and read our Form ADV Part 2. No advice may be given outside the states where we are registered, and then only after a Client Services Agreement is in place.

Continuity Risk May Sink an Owner's Business

LOS ANGELES, CA, UNITED STATES, April 19, 2022

www.einpresswire.com/article

HARRIS & ASSOCIATES, A Registered Investment Advisor, warns small businesses face huge continuity risk coming out of the pandemic.

2021 may have seen many disruptions in employee retention and operations disasters. The result is many business owners have learned: it is not only natural disasters that may put you out-of-business! The great resignation alone has proven, more needs to be done to retain key employees and provide for stable operations. 

Why do business owners neglect BUSINESS CONTINUITY PLANNING? Simply because their first concern in revenue! Without sufficient income the business will fail anyway. Next is operations. The business must be able to provide value and do so efficiently if it is to grow and survive. And of course, getting those two challenges done right takes most business owners’ full bandwidth.

So, shoring up the business operations with risk mitigation naturally takes a back seat. While  most business owners do buy fire insurance and carry liability coverage, they generally don’t think about the intangible risks involved with their key employees, essential operations and even their own ability to manage the business.

Moreover, when you step back, the whole purpose of running a business is to generate income, accumulate wealth and generate resources for the business owner, employees, and their families. Continuity planning not only mitigates risk, it may also go a long way toward meeting the primary goal of wealth generation.

 So, HARRIS & ASSOCIATES CEO David Harris says, “Business owners have to step back from the urgent and address the important task of Continuity Planning. Once a business has met the two most important goals of sufficient revenue and efficient operations, it is time to ensure continued growth and increased profit.” Sadly, just when many businesses begin to flourish, some random loss of a key person, death of a partner or an owner’s disability may destroy the bright future many stakeholders were counting on for their future life goals!

See how you might secure your business’ future with simple low-cost business continuity plans. Make your business profit count by contacting a Wealth Advisor at HARRIS & ASSOCIATES.

CONTACT: Jennifer Pangelinan
505 N. Sepulveda Blvd., Suite 5
Manhattan Beach, CA 90266-6743
Phone (310) 318-3700 Fax (310) 318-3766
Toll-Free 888-50-INVEST (888) 504-6837
Website: www.harrisadvisory.com
CA Insurance Lic #0826411

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Disclosure: D.L. Harris & Associates Insurance Services, Inc. dba Harris & Associates is a Registered Investment Adviser (“Harris & Associates”). This brochure is solely for informational purposes. Advisory services are only offered to clients or prospective clients where Harris & Associates and its representatives are properly licensed or exempt from licensure. Past performance is no guarantee of future returns. Investing involves risk and possible loss of principal capital. No advice may be rendered by Harris & Associates unless a client service agreement is in place.

You must receive and read our Form ADV Part 2. No advice may be given outside the states where we are registered, and then only after a Client Services Agreement is in place.


Sharp Rise in Private Pension Products in 2021

LOS ANGELES, CA, UNITED STATES, March 10, 2022 

www.einpresswire.com/pr_news/

Harris & Associates, a Registered Investment Advisor, announced a sharp rise in Private Pension, “Cash Accumulation and Income,” products.

2021 may have seen many disruptions in the economy, but the sale of Private Pension products at H&A rose by 241% last year. On a dollar basis, clients spent nearly 5 times as much in 2021 as they did in 2020.

These little-known vehicles for building tax-free accumulation offer tax-free income and annual growth at market rates. While many securities representatives may be able to sell these products, investors should only deal with advisors who are experts in designing and issuing these investments.

Harris & Associates has helped clients since 1992 with these special vehicles for tax-free accumulation. The owner of a Private Pension product may draw tax-free income during their lifetime or pass the value on as a tax-free inheritance if they choose.

People may learn more about how a Private Pension product might be a part of their long-term accumulation strategy by contacting a Wealth Advisor.

CONTACT: Jennifer Pangelinan
505 N. Sepulveda Blvd., Suite 5
Manhattan Beach, CA 90266-6743
Phone (310) 318-3700 Fax (310) 318-3766
Toll-Free 888-50-INVEST (888) 504-6837
Website: www.harrisadvisory.com
CA Insurance Lic #0826411

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Disclosure: D.L. Harris & Associates Insurance Services, Inc. dba Harris & Associates is a Registered Investment Adviser (“Harris & Associates”). This brochure is solely for informational purposes. Advisory services are only offered to clients or prospective clients where Harris & Associates and its representatives are properly licensed or exempt from licensure. Past performance is no guarantee of future returns. Investing involves risk and possible loss of principal capital. No advice may be rendered by Harris & Associates unless a client service agreement is in place.

You must receive and read our Form ADV Part 2. No advice may be given outside the states where we are registered, and then only after a Client Services Agreement is in place.


Beware of Inflationary Profits

Beware of Inflationary Profits

Manhattan Beach, California - February 2, 2022 

www.einnews.com/pr_news/

HARRIS & ASSOCIATES, A Registered Investment Advisor, declares 2021 extraordinary profits to be inflationary!

In business we all want higher profits. The remainder from revenue after overhead and the costs of doing business should be positive and the more the better. Profit is money made. It’s a good thing, right?

But in the fourth quarter and the year 2021, profits were not only good, they were over the top. Some might conclude they were despicable. “Fourth quarter earnings for the S&P 500 are expected to be up 22.4% according to Refinitiv. … [2021] overall earnings will be up approximately 49%.”1

Put December’s 7% inflation figure in the recipe, and it makes you wonder if such profits may be a major component of current inflation.

Here’s the perfect storm. Demand has been unusually strong, while supplies were down. Companies large and small were worried about staying in business. They faced challenges on every front from raw materials, transportation, and labor to market dislocations and pivoting to on-line sales and service. When they raised prices in an attempt to stay in business, buyers were more than willing to pay and often competed to be served!

In 2022 such profit levels are likely unsustainable. We should expect “reversion to the mean,” or lower profits. More normal profit levels would still be good. Estimates are for quarterly profits in 2022 fall to the high single-digits early or perhaps get as high as 14.3% in Q4, according to the article cited above.

So, it’s important to see the economy as a whole. While some of us may be struggling with higher prices, a large portion of the national economy has more than enough money to pay. HARRIS & ASSOCIATES helps individuals and companies plan and meet their income and spending needs.

CONTACT: Jennifer Pangelinan
505 N. Sepulveda Blvd., Suite 5
Manhattan Beach, CA 90266-6743
Phone (310) 318-3700 Fax (310) 318-3766
Toll-Free 888-50-INVEST (888) 504-6837
Website: www.harrisadvisory.com
CA Insurance Lic #0826411

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Disclosure: D.L. Harris & Associates Insurance Services, Inc. dba Harris & Associates is a Registered Investment Adviser (“Harris & Associates”). This brochure is solely for informational purposes. Advisory services are only offered to clients or prospective clients where Harris & Associates and its representatives are properly licensed or exempt from licensure. Past performance is no guarantee of future returns. Investing involves risk and possible loss of principal capital. No advice may be rendered by Harris & Associates unless a client service agreement is in place. 

You must receive and read our Form ADV Part 2. No advice may be given outside the states where we are registered, and then only after a Client Services Agreement is in place.

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Harris & Associates is an independent Registered Investment Advisor and Financial Planning firm focused on delivering ethical advice and personalized advice and plans to all our clients. They are located in the heart of Manhattan Beach where they have been providing solutions to residents of Los Angeles and the South Bay community for over 25 years.

Harris & Associates focuses on their strengths and those who can benefit most from them. Although they specialize in Investment Management, Insurance Consulting, Executive Benefits, and Asset Protection, their true value lies in their experience providing truly objective advice and fostering deep relationships with their clients through their unique hands-on service.

It is through these relationships and the building of trust that Harris is able to guide their clients to favorable results in all areas of their financial life from taxes to home purchases to retirement planning. They understand that life is unpredictable and circumstances change. Harris & Associates provides clients with ongoing guidance.

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1Pisani, Bob TRADER TALK: Profits for S&P 500 companies rose 22% in the fourth quarter and nearly 50% in 2021, estimates show. Published Thu, January 13, 7:05 AM EST. CNBC - https://www.cnbc.com/2022/01/13/profits-for-sp-500-companies-rose-22percent-in-the-fourth-quarter-and-nearly-50percent-in-2021-estimates-show.html