Continued Market Volatility 


You have probably noticed that most of our communications this year have been centered around market volatility. We have been saying for a while that we expect more volatility going forward than we have seen in the recent past.


The most recent “reason” for volatility has been centered around Russia and Ukraine. Our hearts and prayers go out to the people of Ukraine as they undergo both an internal political crisis and what appears to be military intervention from Russia. We believe that Russia’s economy could be the big loser in the aftermath of the Ukrainian crisis. The threat of trade disruption between Western nations and Russia (due to either sanctions or reluctance to deal with a country that doesn’t seem to be focused on following international law) would cost the Russian economy billions in a matter of days.


The important thing that we want to communicate is that volatility is a normal and a needed part of investing, no matter the reason. More volatility is always expected when prices of stocks are no longer discounted in the market (which is where we view today’s prices.) We know that we will experience volatility from time to time and it is needed to prevent “bubbles” and to allow you to buy assets at discounted values. We will be closely watching for those opportunities. Bottom Line: While we do not know what the future holds, we do know that we will experience volatility. Volatility provides opportunities to buy assets at discounted values. We will be watching closely for those opportunities.


Bottom Line: While we do not know what the future holds, we do know that we will experience volatility. Volatility provides opportunities to buy assets at discounted values. We will be watching closely for those opportunities.



Cetera Advisor Networks, LLC acquisition by RCS Capital Corporation


We also wanted to give you advance notice of a letter you may receive in the near future, informing you of the acquisition of Cetera Financial Group, Inc. by RCS Capital Corporation (RCAP). This acquisition is expected to be completed by the end of the second quarter, subject to regulatory approvals.


We view the change of ownership as a non-event. This change of ownership will not change your relationship with us (Adams Financial), your investment accounts, or where your accounts are held. We want to assure you that you will continue to receive the same quality of service from all parties following the acquisition by RCAP.


Shortly, you will receive a letter from Cetera Advisor Networks LLC asking you to complete a brief consent form and return it by April 18, 2014 in the postage paid envelope provided. When you receive the consent form, we ask that you fill it out and return it. It is important to know that your consent does not change the terms of the agreement we both signed when you opened your advisory account.


Several weeks prior to the anticipated close of this transaction, if you did not return the consent form, Cetera Advisor Networks LLC will send you another letter. This second letter will explain that if they do not receive your consent by the time the transaction is completed, we will continue to service your account as provided in your current advisory agreement. If you have any questions or concerns about this change, or anything concerning your account(s), please feel free to contact us at 919-424-4650. 

March 18th, 2014

Upcoming Events


Q2 Client Conference Call

1:30pm EST


Access Code: 918606951

REQUIRED DISCLOSURES:  Past performance is no guarantee of future results. Investments in securities are not FDIC insured, and may lose value.   Please consult a current prospectus prior to investing in mutual fund shares. All information contained herein gathered from sources deemed to be reliable. For more complete information, please see your official statement. The views are those of Adams Financial and should not be construed as investment advice. All economic and performance data is historical and not indicative of future results. Investors cannot invest directly in an index.

© Copyright 2021 Adams Financial Partners, Inc. Securities and Investment Advisory Services offered through Cetera Advisor Networks LLC (doing insurance business in CA as CFGAN Insurance Agency), member FINRA/SIPC, a broker/dealer and a Registered Investment Advisor. Individuals affiliated with Cetera firms are either Registered Representatives who offer only brokerage services and receive transaction-based compensation (commissions), Investment Adviser Representatives who offer only investment advisory services and receive fees based on assets, or both Registered Representatives and Investment Adviser Representatives, who can offer both types of services. Cetera is under separate ownership from any other named entity. The site is published for residents of the United States only. Registered Representative of Cetera Advisor Networks LLC may only conduct business with residents of the states and/or jurisdictions in which they are properly registered. Not all of the products and services referenced on this site may be available in every state and through every representative listed. For additional information please contact the representative(s) listed on the site, visit Cetera Advisor Networks LLC site.  Adams Financial Partners, Inc. and Cetera Advsior Networks LLC are not affiliated.