Westbrook, CT (PRWEB) October 30, 2015
When Sound Income Strategies Founder and CEO David Scranton launched the company a year ago, his goal was to spearhead a revolution in the way an entire generation of Americans thinks about saving and investing for retirement. He believes it’s a revolution whose time has come. “Americans nearing retirement have lived through two major stock market crashes in the past 15 years and the worst financial crisis in this country since the Great Depression,” said Scranton, whose company will host a 1st Anniversary Open House on Friday, Nov. 6, from 2 to 6 p.m. “And nothing has really been ‘fixed.’ In fact, I would argue that quantitative easing has left the financial markets and the economy on shakier ground than ever before.”
Scranton said most brokers and financial advisors try to convince clients that the solution to all of today’s uncertainty and market volatility is bond funds, which they often recommend simply because they lack the expertise to work with individual bonds. “But what most investors don’t realize is that, in many ways, bond mutual funds are a lot riskier than individual bonds, especially when interest rates start to rise, which could happen at any time now,” Scranton said.
He said Sound Income Strategies is progressive in its level of expertise and focuses on actively managing individual bond portfolios to regularly upgrade for higher yields and capital gains opportunities, even in a rising interest rate environment. He said the company’s unique approach and commitment to excellence is evident in three areas:
- Timely (and Timeless) Business Model – “We are highly specialized in the active management of individual bonds and bond-like instruments,” Scranton said.
- Top Personnel – Among its team of expert account managers, Sound Income Strategies boasts not one but two experienced Chartered Financial Analysts.
- Top Technology – Unlike most investment houses its size, Sound Income Strategies uses a Bloomberg Terminal, the industry-standard computer system for accessing real-time market data 24/7. “With it, we know exactly what prices the major institutions have recently paid for bonds, and that way, we can negotiate better prices on behalf of our clients,” he said.
Scranton said Sound Income Strategies (officially based in New York) will continue to invest whatever it takes to provide the best service possible to its growing client base in accordance with their individual investment goals, and to educate more Americans about its timely, revolutionary approach to saving and investing. The Sound Income Strategies 1st Anniversary Open House is free and open to the public, Friday Nov. 6 from 2 to 6 p.m. at Scranton Financial Group, 1921 Boston Post Road in Westbrook.
Securities offered through Sound Income Strategies, LLC, a registered investment advisor. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial advisor or tax professional about your specific financial situation before implementing any strategy discussed herein.