ADK Wealth Advisory Group

12/31/2025

In our year-end update, Dan reflects on the market year where early uncertainty gave way to stronger-than-expected growth. Both stocks and bonds delivered solid results, exceeding initial expectations as markets proved more resilient than expected.

Looking ahead, the economic outlook remains constructive with a low risk of recession, supported by continued spending. Dan also highlights that emerging risks remain, underscoring the importance of staying attentive in the year ahead.

In our year-end update, Dan reflects on the market year where early uncertainty gave way to stronger-than-expected growth. Both stocks and bonds delivered so...

11/21/2025

Given recent market declines, we thought an update would be helpful. If you have any questions, please don’t hesitate to contact us at any time.

-Dan and Team ADK

Given recent market declines, we thought an update would be helpful. If you have any questions, please don’t hesitate to contact us at any time.-Dan and Team...

09/26/2025

ADK Market Update Q3 2025

In our latest market update, Dan discusses how the markets have performed throughout the year: both stocks and bonds have delivered positive returns—stocks have exceeded targets since April lows, while bonds are aligning with expected 5–7% gains.

Despite slower economic growth, Fed rate cuts are supporting a soft landing, and financial dashboards show few signs of recession. International valuations have risen while U.S. markets continue to trade at a premium amid a weakening dollar and tariff pressures, suggesting continued choppiness but overall optimism through late 2025.

In our latest market update, Dan discusses how the markets have performed throughout the year: both stocks and bonds have delivered positive returns—stocks h...

08/01/2025

Erica Kurowski, youngest daughter of Rich and Marsha Kurowski was recently married to Oli Posgate. The wedding took place at St. Comghall Church in County Cork Ireland. After a quick stop on the way at Minihan's Pub, the reception took place at Whitehall in County Cork.

We're wishing Erica and Oli the very best as they embark on the next chapter of their lives!

06/06/2025

ADK Market Update June 2025

Check out the latest market updates from Dan and Team ADK.

Dan breaks down recent market moves—from the peak on February 19th through a measured decline in early April and signs of recovery through May. He explains how ongoing trade tariff uncertainties with key global markets have impacted market positioning, and why our team is holding a risk-neutral stance amid slowing growth and unpredictable economic cycles.

Check out the latest market updates from Dan and Team ADK. Dan breaks down recent market moves—from the peak on February 19th through a measured decline in e...

04/02/2025

ADK Market Update March 2025

March has tested the resilience of markets, wiping away the strong gains of January and February. Amid this choppiness, we're witnessing growth markets pull back while value remains steady. The bond market was up 2.75%.

As tariffs and trade uncertainties drive volatility, we see no recession risk in the next 12 months and only moderate likelihood over the next 2 years. Dive into our latest Market Update video to explore what’s next.

March has tested the resilience of markets, wiping away the strong gains of January and February. Amid this choppiness, we're witnessing growth markets pull ...

02/28/2025

Do you like whiskey? Scottie Kenley and I were recently invited to Jack Daniels' 12 and 14 year rollout. The evening was spectacular and was hosted in the office we meet clients (after hours of course) in Franklin.

Chris Fletcher, JD's Master Distiller, informed us these types of aged products have not been rolled out since the early 1900s. The 12 year was my caramel jam. The 14 year was too much heat for me so I missed the fruity notes being described.

What is your favorite bourbon/whiskey?

01/10/2025

ADK Market Update 2024-25

As we begin 2025, ADK wants to share our market update views for 2024 and 2025.

As we begin 2025, ADK wants to share our market update views for 2024 and 2025.

11/08/2024

Financial Markets & Election Results

ADK Community,

30+ years ago, I heard one of our top portfolio managers say, "When your party loses an election you think the markets will tank. When your party wins you think the markets will do great". He then went on to teach me Fed Policy, the economy, and corporate earnings are the key variables. I have observed election risk can add fuel if something happens but is not the main catalyst for pre-election volatility. However, the few days after an election are driven more by the election being over than anything else.

Sincerely,

Dan

30+ years ago, I heard one of our top portfolio managers say, "When your party losses an election you think the markets will tank. When your party wins you t...

10/31/2024

Today's Cliff Clavin factoid:

The Michigan Consumer Sentiment Index MCSI and the Consumer Confidence Index CCI:

CCI measures responses from 3,000 households over all 9 census regions

MSCI measures responses from 500 households

While they are monthly they are not completed at the same time nor do they measure the same things (see link) https://www.wtwealthmanagement.com/whitepapers/2022-04/

"The Consumer Confidence Index is more influenced by employment and labor market conditions from the worker's perspective and draws from a larger sample size. On the other hand, the Michigan Sentiment Index is more focused on household finances, the impact of inflation, and employment conditions from the business perspective. While the Michigan Sentiment Index uses a smaller sample size, the questions are more detailed and cover a broader range of topics."
copied directly from: https://www.advisorperspectives.com/dshort/updates/2024/08/30/two-measures-of-consumer-attitudes-august-2024

The University of Michigan's Consumer Sentiment Index and The Conference Board's Consumer Confidence Index – two of the most watched monthly economic indicators - are based on surveys that aim to understand and track the mood of the American consumer, thus helping economists gauge the mentality of...

07/12/2024

Aging in Place

Check out our latest comprehensive planning video where Dan & Tim Vosse discuss the My Circle advisor group and the "Life at Home" planning solutions they offer for senior living.

Check out our latest comprehensive planning video where Dan & Tim Vosse discuss the My Circle advisor group and the "Life at Home" planning solutions they of...