Investors should expect more volatility, which is signaling a "slow moving" top to the market, KKM Financial founder and CEO Jeff Kilburg told CNBC on Monday.
He believes there will be continued movements in the CBOE volatility index (VIX) up and down 1 percent.
"This should be a little bit of a slap in the face to the retail investors to say look at your portfolio, where are you susceptible and get ready for continued volatility," Kilburg said in an interview with "Closing Bell."
He likened it to the euro's recent dramatic volatility after a slow, steady step up last year.
"The same thing is going to be coming to the U.S. equity market. This volatility can't be contained in one asset class—from oil to euro currency. It's going to spill into every asset class," Kilburg warned.