Welcome to Heintzberger | Payne
Heintzberger | Payne Advisors (formerly Northwest Capital Management, Inc.) is an investment advisor registered with the Securities and Exchange Commission. Our clients are retirement plan sponsors, institutional investors, charitable organizations and high-net worth individuals. For some, we act purely in a consulting capacity. For most clients, we act with full discretion, within the constraints of a clearly defined Statement of Investment Policy (or SIP, for short), in the management of their assets. Many of our clients are retirement plan sponsors. For these clients, we act in the capacity as an Investment Manager (as defined by ERISA) in order to alleviate the sponsor of much of its fiduciary liability.
An essential element of our advisory services is the creation of the SIP, a document that sets forth the authority given to us for asset management while establishing the benchmarks against which performance is measured. The process of creating the SIP requires that we come to know the Client's investment objectives and their expectation for performance.
We extensively employ technology to facilitate our communication with clients about the management of their portfolios. Updates regarding transactions and investment performance are posted daily. In addition, we send by mail quarterly performance reports.
We invite you to explore our website to learn more about our services and capabilities. Please feel free to contact us with your questions.
April 18, 2012
Market Commentary and Outlook
A Record First Quarter
Investors were rewarded with the best first quarter performance on the S&P 500 in 14 years as the index soared 12.59%. Small stocks rose too, as the S&P 600 was up 11.99%, and foreign stocks in developed countries underperformed their US counterparts with a return of 10.98% for the quarter. Many investors welcomed the rally that accompanied improving news in Europe, positive surprises to economic data in the US, and an overall sense of old-fashioned well-being. Over the past six months ended March 31, the S&P 500 has recovered from its September month-end lows and rebounded 25.9%.
January 10, 2012
Market Commentary and Outlook
Politics as Usual
The S&P 500 index, which tracks the stocks of large US companies, ended a rollercoaster year almost exactly where it started: 2010 ended at 1257.60 and 2011 ended at 1257.64. But investor in the S&P 500 actually earned 2.11% for 2011 because of the dividends paid by the companies in the index...