Michael Yoshikami, Ph.D., CFP®, is CEO and Founder of Destination Wealth Management and Chairman of DWM's Portfolio Strategy Committee.
Founded in 1986, Destination is a San Francisco Bay Area-based independent firm that provides fee-based wealth management services to institutional and individual investors. Michael was named by Barron's as one of the "Top 100 Independent Financial Advisors" six years in a row (2009 – 2014).
Michael has over 30 years of experience in the investment management and financial planning field. He oversees the economic viewpoints of the firm and the integration into client portfolios. As Chairman of the Portfolio Strategy Committee, he oversees the macro tactical asset allocation weightings for client portfolios. Additionally, he works with Destination's investment team in integrating behavioral investing strategies with the firm's core fundamental perspective.
Michael provides commentary to Reuters, Dow Jones, the Wall Street Journal, and other international publications and publishes a weekly investment market/investing report that examines the macro environment and its impact on investment decisions.
He holds a Ph.D. in education, and has earned the Certified Financial Planner (CFP®) designation.
Follow Destination Wealth Management on Twitter @DestinationWM.
Keep higher inflation in mind as you make your long-term investment decisions. Recognize that adjustments are necessary as conditions change.
Debates, rhetoric, promises, etc. etc. It's the season for politics and words are flying around with little accountability. Each party accuses the other of misstatements and statistics are being interpreted by both parties for their best interests, it’s a difficult deciphering process for voters.
Apple missed earnings and the stock fell 4% based on concern that iPhone sales were slowing and revenue was weaker than expected. To some, this means that the profit trajectory for this company is irrevocably changed and further growth will likely be negatively impacted on an ongoing basis. To us however, the 4% drop on Wednesday provided us an opportunity to add to our position.
It's a sad thing to watch. A great brand and a company with a dominant position slides into obscurity. Such would be appear to be the case with Research In Motion as competitors pounce on its missteps. The world appears to have found an alternative to its Blackberry addiction.
What will have the most important impact this year is the action taken by Ben Bernanke and the Federal Reserve.