Resources

The second quarter of 2025 saw a sharp reversal in the stock market drawdown that resulted from U.S. tariff threats in April. The S&P 500 increased 10.9%, notching a new all-time high at the end of the quarter.

Stocks maintained their momentum from 2023 throughout the first quarter of 2024. The S&P 500 increased 10.6%. Unlike the first part of 2023, performance was not entirely on the back of only a few stocks.

Wealth Enhancement Group, a national independent wealth management firm with over $81.5 billion in client assets, announced that it will join forces with The Financial Advisory Group, LLC, an independent RIA in Houston, Texas. The team of seven financial advisors and 14 support team members manages over $1.22 billion in client assets and is led by founder, Richard J. Alphonso, J.D., CPA/PFS, M.S.T., AEP.

Stock and bond markets finished 2023 in an impressive fashion. The S&P 500 increased 11.7% in the fourth quarter, finishing the year up 26.3%. Smaller capitalization stocks as measured by the Russell 2000 increased 14% for the quarter, gaining ground on large cap stocks, but finishing the year at a lower return of 16.9%.