Better than Expected, but Still Not Great:
Walter Todd on Bloomberg Daybreak Asia
Walter Todd on Bloomberg Daybreak: Asia "This market likes to go from the Table of Contents, to the last page in the book." Walter Todd In an early start to the week, Walter Todd, President and CIO at Greenwood Capital, joined Bryan Curtis and Rishaard Salamat...
Earnings in Focus: How Consumers are Adapting
Walter Todd on BBC World Business Report In a quick update on BBC's World Business Report on Thursday evening, Walter Todd, President and CIO at Greenwood Capital discusses the market's mixed reactions to stabilizing inflation and looming rate hikes. He also comments...
Defiant Job Claims and the Elusive Definition of Recession
Walter Todd on BBC World Business Report Job numbers are up, unemployment is down, and the question of recession is up for debate. Walter Todd, President and CIO at Greenwood Capital, was featured on BBC World Business Report this past Friday evening. He discussed the...
Where Do We Go From Here?
Market Update from Walter Todd
If the market is anticipating a recession, why are stocks rallying? Is there more volatility anticipated in the third quarter? Walter Todd takes a moment to answer these questions as he discusses economic changes over the last few months and what we are monitoring going forward.
Crypto, the Dollar, and the Case for Nuclear:
Walter Todd on BBC World News
Walter Todd on BBC World News Walter Todd, President and CIO at Greenwood Capital, was featured on BBC World News on Wednesday afternoon. He discussed international business conditions, including the impact of the stronger dollar on developing countries. He also...
Earnings in Focus: Walter Todd on Bloomberg Daybreak Europe
Walter Todd on Bloomberg Daybreak: Europe Walter Todd, President and CIO at Greenwood Capital, was featured on Bloomberg Daybreak: Europe early Tuesday morning. He answered questions revolving around bank earnings, including Goldman Sachs CEO David Solomon's recent...
Rallies and Headwinds: Walter Todd on Bloomberg Daybreak Asia
Walter Todd on Bloomberg Daybreak: Asia In an early start to the week, Walter Todd, President and CIO at Greenwood Capital, joined Doug Krizner and David Ingles on Bloomberg Daybreak: Asia on Sunday night. Their discussion included the market rally before the Friday...
Bloomberg Radio: Market Update
Walter Todd on Bloomberg Radio: Drive to the Close Walter Todd, President and CIO at Greenwood Capital, joined Carol Massar and Tim Stenovec on Bloomberg Radio's Drive to the Close on Thursday evening. He discussed the recent market activity, including the possibility...
Bloomberg Surveillance: 2Q Bank Earnings
Walter Todd on Bloomberg Surveillance: Early Edition Walter Todd, President and CIO at Greenwood Capital, joined the Bloomberg Surveillance team in New York and London this morning. He discussed upcoming bank earnings from the second quarter and the probable...
2Q 2022 Letter from the CIO
July 6, 2022 Let me start by saying I hope that you and yours were able to enjoy July 4th and the long weekend. There has been no shortage of turmoil in and out of financial markets this year, but hopefully you were able to spend some time with friends and family. The...
2Q 2022 Market Commentary
Economic Overview By Dr. Mark Pyles The second quarter of 2022 began with some degree of optimism. Financial markets sprinted to the finish to end the first quarter, driven in large part by the belief that inflation was either at or very near peak levels and would...
Who are Financial Advisors?
Types of Financial Advisors In this current series we have been sharing the traditional and modern approach to wealth management, and how those approaches are met through two different types of financial advisors: the financial planner and the wealth manager. These...
Bloomberg Triple Take: Federal Stress Tests
Walter Todd on Bloomberg Markets: Triple Take Walter Todd, President and CIO at Greenwood Capital joins the Bloomberg Triple Take team to discuss the bank stress test results from three different angles after the closing bell on Wall Street. Walter's section starts at...
A Client’s View of the Financial Planning Process
Any one of our advisors could walk you through the steps involved in developing, implementing, monitoring and adjusting a financial plan. What I would like to do is share with you the financial planning process through the eyes of the client – me. Why a...
Greenwood Capital Expands Retirement Solutions
Greenwood Capital Expand Retirement Solutions Recognize W. Coxe and D. Lollis for Achieving Retirement Credentials Greenwood Capital announces the expansion of its group and individual retirement plan/account solutions utilizing proprietary...
Feelin’ Hot, Hot, Hot
Heat on the Federal Reserve Similar to the triple digit temperatures that we are seeing in South Carolina this week, markets are putting the heat on the Federal Reserve (Fed). More so, to continue the analogy, it is not just the temperature itself that is the source...
A Personal Trainer for your Finances
Setting Your Goals & Meeting Them Webster defines the term Goal as “the end toward which effort is directed.” That definition packs a lot of possibilities into a few words. With that in mind, let’s deconstruct that definition, word by word, and apply those words...
Walter Todd Discusses the Latest on the Markets on Bloomberg Daybreak Asia Podcast
Walter Todd, President, Chief Investment Officer, and Managing Director, at Greenwood Capital, discusses the latest on the markets. He spoke with hosts Rishaad Salamat and Vonnie Quinn on "Bloomberg Daybreak Asia." Listen to the Podcast
Highway to the Danger Zone
This line from Kenny Loggins's Top Gun theme song, released in 1986, feels like an appropriate description of the market this year. I could not resist the connection with Top Gun 2: Maverick coming out this Friday, finally after a two-year delay in release. Coming...
A Tale of Two Advisors
Two of the most common terms you hear are Private Wealth Manager and Financial Planner. Both are considered financial advisors in the broader sense – with similarities and differences. Financial Planner A Financial Planner is someone who assists with lifestyle...
Greenwood Capital Celebrates Dr. McAlhany’s 30+ Years as He Retires
GREENWOOD S.C. – Greenwood Capital was honored to recognize the 34-year career of Dr. John W. McAlhany during his May 19, 2022 retirement celebration at the Greenwood Arts Center at the Federal Building. Dr. McAlhany joined Greenwood Capital Associates, Inc. in...
The Evolution of Wealth Management
The Evolution of Wealth Management The Traditional Approach: What do you think when you hear the term “Wealth Management”? Most probably think of something like: Wall Street, the stock market, your company’s retirement plan, investment accounts – perhaps being...
Double Whammy – Stock AND Bonds Down? What gives?
Year to date has been a very rough start for the equity markets. Adding to the pain is the fact that bond prices are also down sharply, and in some instances more than equities. The S&P 500 is down 12% and the Aggregate Bond index is down 10% since the beginning...
Market Commentary May 2, 2022 with Walter Todd: Bond and Equity Markets
In our May 2022 market commentary Walter Todd talks about the factors impacting the bond and equities markets the past few weeks, and what the outlook could be headed into the summer. Factors we are monitoring at Greenwood Capital included Europe, including...
How to Protect Your Finances as You Age
The biggest fears most individuals face when planning for retirement are outliving savings and declining health that requires long-term care. Protecting your finances as you age can go a long way toward ensuring you have a comfortable, stress-free life in your later...
Quintin A Pile of Greenwood Capital: 5 Things To Look For When Hiring a Financial Planner or Financial Adviser
Quintin A. Pile, CFP® private client advisor at Greenwood Capital was recently interviewed by Authority Magazine about the most important things to look for when hiring a financial advisor. Many think financial advisors are only for the wealthy, but this is not...
Walter Todd on Bloomberg: How Banks Are Navigating Risks From the Fed
Walter B. Todd, III, President, Chief Investment Office of Greenwood Capital Associates, appeared April 13 on "Bloomberg Daybreak: Europe." He discussed U.S. banks earnings and his thoughts on the market. Watch the full interview here.
First Quarter 2022 Letter From the CIO
Where to begin? First, as always, I hope this letter finds you safe and healthy. I know we sometimes take that for granted, particularly in the US, but it seems particularly relevant to ask given the humanitarian crisis unfolding overseas with the war in Ukraine. We...
Market Commentary: First Quarter 2022 Economic Outlook
The US economy grew last year at the fastest pace since Ronald Reagan’s presidency, bouncing back from the brief 2020 recession. However, looking forward, to quote the prominent economist Ed Hyman, we are in “Unprecedented Times” and furthermore, for the future of...
Creating a Wealth Transfer Plan for You and Your Heirs
At first glance, a Wealth Transfer plan may sound like a task that is outside your skill set. Don’t despair, with a few tips and some help from trusted advisors we can make it happen. Let’s discuss a few ideas that can bring a Wealth Transfer plan from a vague concept...
Transferring Wealth Through Generations
Families of all shapes and sizes need to develop a plan to transfer assets since the transfer of wealth to the next generation is inevitable. Preparing your heirs to take over your estate and educating them on your directives is equally important. The involvement of a...
Your Investing Questions Answered by Walter Todd III
Walter Todd, President and Chief Investment Officer, takes a moment to answer your questions. He reached out to clients and let them ask their burning questions and he answers them in the video below. Greenwood Capital is an SEC-registered investment advisory firm....
5 Key Components to an Estate Plan
Often times when discussing estate planning with clients, the initial response we get is “I’m not in the uber-wealthy category, why should I worry about an estate plan?” Well, the reality is that estate planning can be beneficial to anyone, regardless if you’re in...
Russia Invading Ukraine – Global Response and Financial Warfare
There are decades where nothing happens and then there are weeks where decades happen.” Ironically, this quote is attributed to Vladimir Lenin. I used this quote back in March of 2020 at the outbreak of Covid and I believe it seems appropriate now given what we are...
Why Estate Planning is Critical to the Successful Transfer of Wealth
Transferring Wealth through Estate Planning Generational Wealth transfer is the process of passing wealth from someone who has died to their beneficiaries. Estate planning, at its core, is simply providing a roadmap directing where you want your things to go and...
Russian Invasion of Ukraine
Market Update from Walter Todd
In light of the breaking news this morning, Walter Todd discusses how these geopolitical movements are affecting the equity market. https://player.vimeo.com/681552218/a7a5442d9c Greenwood Capital is an SEC-registered investment advisory firm. This material has been...
Avoiding Scams: John Cooper on South Carolina Business Review
John Cooper, CFP® and Private Client Advisor with Greenwood Capital, joins Mike Switzer of South Carolina Business Review on NPR Radio to discuss how to avoid scams.
Understanding Volatility and Your Plan
When it comes to investments, understanding what inning of the game you are in is important. If you have turned on the news or checked your investment account balances in the past 3 weeks, you may have felt a wave of anxiety. Although recent headlines such as, 7%...
– New Year Volatility –
Market Update from Walter Todd
As he anticipated in the last quarterly letter, the equity market in 2022 has already begun to keep investors on their toes. Walter Todd, President and Chief Investment Officer, discusses the factors impacting that recent volatility such as the Omicron variant, the...
4Q 2021 Market Commentary
Economic Outlook By Dr. John McAlhany Milton Friedman (deceased) a renowned economist that served on the faculty of the University of Chicago wrote in his classic book The Monetary History of the United States that “Inflation is always and everywhere a monetary...
4Q 2021 Letter from the CIO
January 7, 2022 I hope this letter finds you safe and healthy and that you were able to enjoy some time with loved ones over the holiday season. I don’t know about you, but if I never hear another letter in the Greek alphabet, that would be just fine with me....
Market Update from Walter Todd Dec. 21, 2021
Happy Holidays from Greenwood Capital! Walter Todd, President and Chief Investment Officer, takes a moment to share some market insights as we wrap up the year. He discusses recent news such as the Omicron variant and the recent set back for the Build Back Better...
Market Update from Walter Todd
Nov. 24, 2021
Happy Thanksgiving from Greenwood Capital! Walter Todd, President and Chief Investment Officer takes a moment to share some market insights before the holiday. He addresses third quarter earnings and improvements in supply chain disruptions. He discusses the...
Preparing for the Inevitable: A Proactive Approach to End-of-Life Financial Decisions
Overview The loss of a loved one, especially a spouse, is always a challenging time. To protect and care for those you love most, it’s crucial to take a proactive approach to financial planning, ensuring your loved ones are prepared when the time comes. In this video,...
3Q 2021 Market Commentary
Economic Outlook By Dr. John McAlhany Perception about the economy changed during the latter part of the third quarter. The quarter began on a positive note with the virus waning, and businesses and industries were reopening, adding jobs, and looking for employees....
3Q 2021 Letter from the CIO
October 11, 2021 I’m going to start this letter with a scary thought – there are less than 80 shopping days left till Christmas. Yikes! Worse yet, with the supply chain disruptions getting worse, there may be far fewer days than that if you want to find many goods in...
Market Update from Walter Todd
Sept. 22, 2021
Overview Walter Todd, President and Chief Investment Officer shares insights into the macroeconomic forces being monitored by the Investment Team heading into 4th quarter. These include potential market risk if a Chinese real estate developer (Ever Grand) defaults, DC...
Bloomberg: Sector Rotation & Impending Fed Tapering (Podcast)
Walter Todd on Bloomberg's Drive to the Close Walter Todd, President and CIO at Greenwood Capital, discusses the markets and investing with Carol Massar and Tim Stenovec. He covers the ongoing expected impact on the market from COVID-19 and what he is seeing in...
When & How: Maximizing Social Security
The timing of Social Security benefits is one of the most frequent questions we get from pre-retirees. The time at which you choose to draw benefits can impact your financial plan throughout retirement. For some, it is a great safety net for fixed expenses while for...
2Q 2021 Letter from the CIO
July 7, 2021 Fifty is the new thirty-five. At least that is what I am saying after Phil Mickelson became the first 50-year old player to win a major championship when he won the PGA Championship at Kiawah Island in May. Of course, the fact that I also turned 50 in May...
2Q 2021 Market Commentary
Economic Outlook By Dr. John McAlhany Last fall, Chairman Powell of the Federal Reserve (Fed) indicated that the pace of the economic recovery was highly dependent upon the pace of the virus and the acceptance of a vaccine. Since then, several vaccines have been...
Market Update from Walter Todd
June 10, 2021
Overview Walter Todd, President & CIO, takes a moment to discuss inflation and the elevated consumer price index numbers. He explains the Federal Reserve's decision not to raise interest rates and whether we are looking at transitory or sustained inflation in the...
Setting Long Term Goals
In this third video in our series of commonly asked questions we receive, William M. Coxe Jr., Private Client Advisor, discusses the importance of goals in the Financial Planning process. He touches on the wide spectrum of goals and objectives for different...
Group Retirement Benefits Your Employees, Your Business & You
While many people think of the 401(K) when they hear “retirement plan," businesses have numerous factors and options to consider when choosing an employer sponsored retirement plan. First, let’s consider WHY a business would want to offer a retirement plan for...
Market Update from Walter Todd
May 4, 2021
Overview Walter Todd, President & CIO, provides an update on the current economic market. He discusses the historically high earnings season and proposed government spending, including the Jobs Act and American Family Plan. He also provides insight on inflation...
1Q 2021 Letter from the CIO
April 7, 2020 I had to start this letter with the picture of the massive tanker, Ever Given (yes that is the ship’s name, not Evergreen). What a fitting image of a full-size excavator that looks like a Tonka toy next to this ship trying to free it from the bank of the...
1Q 2021 Market Commentary
Economic Outlook By Dr. John McAlhany Stuck in the grip of the pandemic, the US economy, as measured by GDP (Gross Domestic Product), declined by 2.4% in 2020. Growth moderated in the fourth quarter following a rebound of 33.4% in the third quarter. The resurgence of...
Reaching Your Summit
In this second in our series of commonly asked questions we receive, Brian L. Disher, CERTIFIED FINANCIAL PLANNER and Director of Wealth Management, discusses more details of the Financial Planning process. It all begins with a conversation to understand your goals...
Goal Setting
Understanding and applying the principles of effective goal setting has never been more important than in today’s world of financial planning. We can get caught up in media frenzy and become confused when we hear words like Bitcoin and GameStop. Goal setting has a...
Market Update from Walter Todd
March 1, 2021
Overview Walter Todd, President & CIO, provides an update on several macro-economic issues that are currently impacting the market: the latest vaccine update, better than expected earnings reports, and the anticipated additional stimulus package. He also discusses...
Financial & Wealth Planning
What is Financial Planning? When should you approach Wealth Planning? How can Greenwood Capital help? Senior Private Client Advisor Melissa Bane answers these questions as she discusses the differences between Financial Planning and Wealth Planning. This video...
2021 Financial To-Do List
In an effort to do our part to make 2021 better than 2020, the Greenwood Capital Wealth Team has put together a few tips that can help you put your best foot forward in this New Year. We find that preparing for tax season is a good time to consider your financial...
Market Update from Walter Todd
February 4, 2021
Overview After an eventful January, Walter Todd gives an update on earnings, new virus strains, and the efficacy of the latest vaccine releases. He also discusses the "Headline Phenomenon" on market activities over the last week, as stocks like $GME have run up with...
Market Update from Walter Todd
January 6, 2021
Overview In his first video update for the new year, Walter Todd discusses the possible financial effects of the Senate run-off in Georgia, the potential for future stimulus packages, and how Greenwood Capital’s solid portfolios are intended to weather the current...
Market Update from Walter Todd
December 17, 2020
Overview In his final video update for this year, Walter Todd discusses the positive equity market in the midst of disappointing retail sales and the Georgia senate race. He also provides insight on the economic outlook for the new year in the light of pending vaccine...
2021 Retirement Contribution Limits
Every new year is an opportunity to reflect on the past, plan for the coming year, and look forward to the future. There is no question we are stepping into 2021 with an eye towards hope and good things to come. Those good things to come, whether in 2021, or fifteen,...
Market Update from Walter Todd
November 24, 2020
Overview As we approach the holiday season, Walter Todd sits down to discuss the equity market's positive response to the successful vaccine trials, despite the current increase in nationwide Covid-19 cases. He also touches on election updates, including the Georgia...
Market Update from Walter Todd
November 4, 2020
Overview As the ballots are being counted, Walter Todd provides insight on what we know right now. He discusses the apparent results of the House and Senate races and the implications of those results on the healthcare sector and any future stimulus. He also give his...
Market Update from Walter Todd
October 29, 2020
Overview With only five days until the election, Walter Todd provides insight on the stock market, including the recent reactions to election projections, increased COVID activity in Europe, and potential actions in the US. He also shares his observations from the...
Bloomberg: Impact of Lack of Stimulus on U.S. Economy (Podcast)
Walter Todd on Bloomberg's Drive to the Close Walter Todd was interviewed on Bloomberg Businessweek's "Drive to Close" segment. Walter Todd comments on the market's impact on the election outcome and opportunities for investment on the other side of the...
3Q 2020 Market Commentary
Economic Outlook By Dr. John McAlhany The third quarter ended with a similar level of uncertainty about the strength of the economy as existed earlier in the year. The final report on the economy for the second quarter confirmed what was expected. The US economy...
3Q 2020 Letter from the CIO
October 5, 2020 As always, I hope this letter finds you and your family safe and healthy. Webster’s defines normal as – “the usual, average or typical state or condition.” As we enter the last quarter of 2020, it is sometimes hard to imagine what “normal” is anymore....
Melissa D. Bane Joins Greenwood Capital Ownership
Greenwood Capital is pleased to announce that Melissa D. Bane, Senior Private Client Advisor, joined the ranks of Greenwood Capital employee ownership on October 1, 2020. “This opportunity and honor are in recognition of the significant contribution Melissa has made...
Election Commentary October 8, 2020
Walter provides insight into current election betting market, polls, and stock market indicators, as well as a closer look at how the markets are responding to these indicators.
BBC: Wake Up to Money October 8, 2020
Walter Todd Interview Following VP Debate Walter Todd joins Wake Up to Money host Danny Huston on BBC Radio following the Vice Presidential Debate Wednesday evening October 8, 2020 (October 9, 2020 Thursday morning in the UK). For Walter's interview, join at...
Market Update from Walter Todd
September 16, 2020
Overview Walter Todd provides a market update in the tenth episode of the COVID-19 Market Update series. He shares thoughts on how the market is responding to better than expected economic data, D.C. politics, and the nearing election.Greenwood Capital is an...
Never Forget
Walter Todd was living in NYC in 2001 with his young family, and working at 3 World Financial Center. He invites us all to pause, reflect, and remember those that gave their lives as he shares his personal account of September 11, 2001.
Long-Term Care Insurance
Long-term care is a topic many of us avoid, however reality hits when we or a loved one needs care. Even in-home care is expensive and can pose a serious threat to retirement nest eggs. Long-term care insurance could be one way to mitigate this risk. Below we...
Long Term Care: The Basics
It is a fact. People today are living longer. Although that is good news, the odds of requiring some sort of long-term care increase as you get older. As the costs of home care, nursing homes and assisted living facilities escalate, you may wonder how you are going to...
Market Update from Walter Todd August 14, 2020
Overview Walter Todd checks in again with his thoughts on the current economy in the eighth episode of the COVID-19 Market Update series. He discusses the coin shortage, the upward trend during earnings season, and the possible correlation between a positive market...
Market Update from Walter Todd
July 17, 2020
Overview Walter Todd gives his insight on the economy in the seventh episode of the COVID-19 Market Update series. He discusses the equity market’s response to the increase in coronavirus cases, the start of earnings season, and the unanticipated high confidence in...
2Q 2020 Letter from the CIO
July 8, 2020 Let me start as I did last quarter by hoping this letter finds you and your family safe and healthy. Even though 2020 is only halfway over, I think it is safe to say that this year will go down in the record books – pick your reason as to why. ...
2Q 2020 Market Commentary
Economic Outlook By Dr. John McAlhany The expected happened. COVID-19 ended the economic expansion and plunged the US into a recession, the first since the Great Recession eleven years ago. Officially, as determined by a committee at the National Bureau of Economic...
Life After the Pandemic
What's the "new normal" After weeks of quarantine and "stay at home" orders, we are starting to see encouraging signs of progress in our fight against the COVID-19 pandemic. While we are not out of the woods yet, our collective focus seems to be shifting to what life...
Market Update from Walter Todd
Overview Walter Todd addresses the latest data around the current economic climate, implications from the rise in COVID-19 cases in the United States, and the possibilities surrounding the upcoming elections.Greenwood Capital is an SEC registered investment advisory...
Market Update from Walter Todd
Overview Walter Todd provides a market performance update. The unemployment rate dropped to 13.3% and there was a slight increase in consumer confidence. On the other hand, the DOW experienced a sell-off and many parts of the country had an uptick in COVID-19 cases.
Market Update from Walter Todd
Overview Walter Todd reflects on positive trends in the equity market. Watch the video below for this week's updates, including notes on the housing market and foreign economic relationships.
Market Update from Walter Todd
Overview Walter Todd summarizes the current economic front in the third video from our COVID-19 market update series. This episode touches on a variety of subjects, from big-name company earnings to the impacts on interest rates.
Financial Tips for Changing
Gears in Retirement
Everyone is probably familiar with the adage, “the only constant in life is change.” Change is inevitable and is constantly reminding us that we must not only accept change but should prudently prepare for changes we know are coming in our lives. As we age, we often...
Market Update from Walter Todd
Overview Walter Todd discusses what investors can expect as the economy begins to reopen and different industries—including tech, healthcare, financial, and energy—assess the best approach to resuming operations in a safe manner.
Market Update from Walter Todd
Overview Walter Todd gives an update on what we’re seeing in the marketplace and the state of our economy as of Thursday, May 7, as well as expectations for the remainder of 2020. To receive all market updates by joining our email list...
Employer-Sponsored Retirement Plan: How Greenwood Capital Can Help
401(k) The 401(k) is the most popular qualified retirement plan among employers and employees. These plans allow employees to make voluntary pre-tax salary deferral contributions by payroll deduction. In some cases employers will “match” employee contributions. In...
Charitable Giving: Community
Impact & Tax Savings
“Charitable giving" is a broad term that covers many things, such as volunteering your time, giving blood, or writing a check to your favorite charity. This article will focus on two lesser-known charitable giving opportunities: appreciated asset donation and...
6 Tips for Year-End
Financial Planning
It seemed summer would never end, yet here we are close to ringing in another new year! Soon our attention will turn to holiday plans, perhaps some travel, and if we are fortunate enough, family gatherings. Before we get too involved with menus, shopping lists, and...
4 Tips for Talking to Your Adult Children About Your Finances
On the awkwardness scale, talking to your adult children about your finances ranks a close second to the “birds and the bees” discussion. Did you choose to let your children learn about the opposite sex from their friends? I hope not! Then why would you want your...
3 Steps to Effective
Vacation Planning
As we enter the summer months, our thoughts often gravitate toward vacation plans. After months of cold dreary weather and being trapped indoors, nothing lifts our spirits more than planning and preparing for vacation. For some, the perfect vacation means relaxing on...