Welcome to Northwest Capital Management
Northwest Capital Management, Inc. (NWCM) 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.
July 15, 2010
Market Commentary and Outlook
It's a Noisy Market
On June 30, the S&P 500 index closed at 1030.71, ending the quarter down -11.43% (including dividends) having sustained increased levels of volatility during the past few months. Geopolitical risk has returned (i.e., situations involving Israel, Iran, Palestine, North Korea, Turkey), sovereign debt is under question, and as we write oil is still leaking into the Gulf of Mexico at levels that seem to mirror only the increased level of government spending around the globe. We are in a market correction.
April 13, 2010
Market Commentary and Outlook
Since the markets touched their lows roughly a year ago, investors and financial professionals alike have drastically changed their tunes. Back then draconian subjects like bank nationalization and automaker bankruptcy were being discussed daily. Now discussion has shifted to mundane topics like how next quarter’s earnings will pan out; if the Fed will raise rates by 25 or 50 basis points; how much did inventory restocking contribute to GDP, etc. Compared to financial busts like the Great Depression, the Japanese crash, or the Savings and Loan crisis, recent market action has seemingly resulted in a relatively comfortable soft landing!