Obermeyer Wealth Partners

11/26/2025

We wish everyone a Happy Thanksgiving! May your day be stuffed with happiness, your table with treats, and your heart with gratitude.

Please be aware that we have modified office hours this week in observance of the holiday. We will close at 2pm MST on Wednesday, November 26th, and remain closed on Thanksgiving Day. We will be available and working remotely from 8am-11am MST on Friday, November 28th, and resume regular business hours on Monday, December 1st.

12/18/2024

✨ We're excited to announce that Obermeyer Wood is now Obermeyer Wealth Partners! This name evolution reflects the natural progression of our firm. Over the years, we have expanded beyond investment management to provide integrated wealth management and financial planning. Our disciplined, independent approach to managing your investments remains our core focus, ensuring your wealth is carefully stewarded for generations to come.

Same trusted team, same independent structure, just a name that better reflects our comprehensive capabilities. Visit us at obermeyerwealth.com to learn more!

02/22/2024

We are thrilled to announce the completion of our acquisition of Vail-based Booth Creek Capital and the addition of its founder and portfolio manager, Adam Savin. The acquisition demonstrates our commitment to providing top-tier investment solutions to clients.

"We are excited to welcome Adam to our team," said Ali Phillips, President of Obermeyer Wood. "His expertise will be invaluable as we enhance our investment strategies and bolster our capabilities to better serve our clients in the years and decades to come."

You can learn more by clicking below to read the full news release on our website.

Obermeyer Wood Investment Counsel, a wealth management firm recognized by Forbes, Barron’s, and CNBC as one of the nation's leading independent advisors, is thrilled to announce the completion of its acquisition of Vail-based Booth Creek Capital and addition of its founder and portfolio manager, A...

01/10/2024

As the curtain fell on 2023, investors applauded a positive end to the year for the financial markets. A growing consensus that the Federal Reserve (the Fed) is done raising interest rates and will pivot to cutting rates by mid-2024 fueled a sharp drop in Treasury yields and rekindled investor appetite for equities in the last two months of the year. However, we aren’t ready to pop the champagne just yet. While favorable markets were cause for jubilance, the world is still reeling from the ongoing conflicts in Israel, Gaza, and Ukraine. The humanitarian toll from these events is staggering, and our collective hope is for peace in the world.

Looking ahead, we are monitoring the impact the wars have on the global economy; we are following the political environment at home and assessing the candidates’ policies ahead of the 2024 election; and we are watching company earnings in light of a dynamic and challenging economic environment. We have a balanced perspective, believing that the economy is stable for now and inflation is contained. Yet we know the impact of higher interest rates is still working through various sectors.

Click the link below to read our full Winter 2024 newsletter, featuring our market commentary, improved financial strategies for our clients, and firm updates celebrating milestones for our team members.

https://obermeyerwood.com/news/obermeyer-wood-news-winter-2024

As the curtain fell on 2023, investors applauded a positive end to the year for the financial markets. A growing consensus that the Federal Reserve (the Fed) is done raising interest rates and will pivot to cutting rates by mid-2024 fueled a sharp drop in Treasury yields and rekindled investor appet...

12/22/2023

Season’s Greetings from the Team at Obermeyer Wood! We wish you and your loved ones a holiday season and new year filled with family, friends, peace, and prosperity.

Please note that we have modified operating hours in observance of the upcoming holidays. We will close at 2 p.m. on Friday, December 22, and resume regular business hours on Tuesday, December 26. Additionally, we will close at 2:00 p.m. on Friday, December 29, and return to regular business hours on Tuesday, January 2.

11/22/2023

We wish everyone a Happy Thanksgiving full of gratitude and good health!

Please be aware that we have modified office hours this week in observance of the holiday. We will be closing at 2 pm MST on Wednesday, November 22, and remain closed on Thanksgiving Day. We will be available and working remotely from 8-11 am MST on Friday, November 24, and resume regular business hours on Monday, November 27.

10/10/2023

One truth in investing remains constant: one can't consistently predict the future. However, our philosophy around long-term investing remains consistent. We construct portfolios and financial plans that account for a range of potential outcomes, seeking to put our clients in the best position possible over the long term while minimizing risk. It's been a positive year for investors, and our optimism is steadfast and grounded in our decades of experience.

September continued to live up to its reputation as being a challenging month for equities as the market cooled off after an impressive, albeit uneven, 2023 rally that lasted through July. While it was disappointing to see some of the year’s gains reversed, it is important to keep in mind that sudden pullbacks are not unusual; on average, investors can expect to see a 5% decline up to three times per year. Rising interest rates and economic slowdown concerns weighed on sentiment as investors remain hyper-focused on the Fed.

Click the link below to read our latest newsletter. The Fall 2023 edition features our market commentary, recommended reading, an analysis of education savings vehicles, and a firm update on our latest awards from CNBC and Barron's.

September continued to live up to its reputation as being a challenging month for equities as the market cooled off after an impressive, albeit uneven, 2023 rally that lasted through July. While it was disappointing to see some of the year’s gains reversed, it is important to keep in mind that sud...

07/17/2023

In our latest quarterly investment outlook video, Wally Obermeyer, President and Co-Founder, shares our firm's updated perspective on the economy and markets for the summer of 2023. As we embark on this new season, we remain dedicated to guiding our clients through all market cycle phases. Over the last few months, market strength was driven by growing expectations for an economic soft landing and the rapid release of artificial intelligence. However, concerns remain around a more aggressive action from the Federal Reserve and a global tightening cycle. Watch Wally's latest video to learn more about how we are helping to position clients in this period of cautious optimism.

07/11/2023

With summer in full swing and markets seemingly in bloom, it is important to remember that six months ago, nearly every economist and cable TV talking head was predicting that 2023 would be another painful year for the economy and investors. Yet here we are, halfway through the year, with markets in the green and chatter of a “soft landing” getting a little bit louder. However, we aren’t ready to spike the football just yet. If we have learned anything from our decades as investors, it is that humility and patience are key tenets of successful, long-term investing. While we are heartened by the resilience of the economy and the improvements in the markets, we know nothing is guaranteed.

We hope you will read the latest edition of Obermeyer Wood News. Along with our latest market commentary, we recap our team's trip to the Berkshire Hathaway Annual Shareholder Meeting, recommend personal finance books for recent graduates, and provide a firm update. Click the link below to read more.

With summer in full swing and markets seemingly in bloom, it is important to remember that six months ago, nearly every economist and cable TV talking head was predicting that 2023 would be another painful year for the economy and investors. Yet here we are, halfway through the year, with markets in...

04/07/2023

Investors are finding a balance. Long gone are the days of excessive exuberance marked by the rise of “meme stocks,” or stocks with relatively low earnings that were popularized by social media. Investors have also moved away from the desperate calls that there will be a corporate earnings meltdown and economic reckoning. Today the stock market is trading at reasonable valuations. The price-to-earnings ratio of the S&P 500 is 17.8x, which is in range of its long-term average of 16.8x. Not quite a bargain, but acceptable for most investors. Certain sectors are more reasonably priced than others, like energy and communications. Some companies are underperforming due to economic concerns, like bank stocks. Yet overall the market is an appropriate mix of caution and opportunity. Famed investor Howard Marks describes the tendency of investor psychology to oscillate wildly between “flawless” and “hopeless” when assessing the markets. Right now, we are somewhere in the middle. No one is leveraging their home to buy stocks, and no one is hiding their money under the mattress.

We remain focused on positioning our clients to build their wealth over the years and decades to come. We believe in the resilience of the American economy, and we can point to previous cycles that felt even scarier at the time. In each instance, the storm has passed and made way for continued growth and prosperity. We have no reason to believe this time is any different.

Click the link below to read our full newsletter, including our complete market outlook, cybersecurity tips for clients, a book recommendation on The Age of AI, and an update on our firm's new hire and recent awards.

Investors are finding a balance. Long gone are the days of excessive exuberance marked by the rise of “meme stocks,” or stocks with relatively low earnings that were popularized by social media. Investors have also moved away from the desperate calls that there will be a corporate earnings meltd...

03/01/2023

Ali Phillips, Executive Vice President and Partner, was recently interviewed by Barron's as part of its “Advisor Q&A” series. Phillips talked about her journey from Wall Street to the Rocky Mountains, her views on the state of the markets, and how we are investing in our team to serve our clients’ evolving needs now and in the future. Below are featured highlights from her interview, and you can read the full article by clicking the link at the bottom of the post.

On the markets: “Bear markets and recessions are part of a natural business cycle; they reset the markets in a healthy manner and set smart investors up for success going forward. I think that to be a good long-term investor, one always has to be cautiously optimistic: cautious because you’re never quite sure what risks are out there, but optimistic in the belief that economies evolve, business will generate profits, and high-quality assets will rise over time.”

On working with different generations of clients: “Clients who are closer to retirement just want to make sure that their plans aren’t altered. We’ve prepared for things like this with high-quality assets, and assuming they’re living reasonably, these markets shouldn’t derail things. Our younger clients are viewing this as a great long-term opportunity, and they’re trying to make sure they are making smart decisions that will set them up over the long run. It’s interesting how different the dialogue is with these different generations of clients. But the underlying themes are the same—of focus on valuation, quality, and risk management. You also try and encourage both groups to have that longer-term perspective. For a retired client, you’re talking about a few years, and for a younger client, you’re talking about the decades to come.”

On investing in our team: “As we’ve built out the team, we’ve built out our capabilities. That means having more of a focus on financial planning, making sure to have a really robust client service team to help coordinate with accountants and attorneys. And on the investment side, hiring a few more analysts, knowing that as the markets get more complex, you want to have great minds thinking about these things. And knowing that as we’ve gotten bigger, we should have more human capital to address client needs. And we’re investing in those people, mentoring them, making sure they recognize this is a great career, encouraging them to get accreditations, encouraging them to attend conferences. The smarter they get, the more capabilities we have, and the better we’re able to serve our clients."

The partner at $2.4 billion Obermeyer Wood Investment Counsel, on navigating tricky markets for clients and as a firm