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MEDIA COVERAGE
Press Releases
September 2009: Obermeyer Once Again Named One of America’s Best Financial Advisors
June 2009: Obermeyer Among “Best of Best” Advisors Attending Barron’s Conference
November 2008: Obermeyer Named One of Worth's Top Wealth Advisors
August 2008: Obermeyer Named One of America’s Best Independent Financial Advisers
August 2007: Barron's Magazine - Obermeyer Among the "TOP PLAYERS"
Obermeyer in the News
Economists issue predictions for 2010
Denver Business Journal; January 1, 2010
How long can the Federal Reserve keep short-term interest rates at their current low levels before they have to deal with inflation?
“In our view, the Federal Reserve will likely be forced to tighten rates because commodity inflation will ignite before full health is restored to the U.S. banking system. Right now, a zero Fed funds rate functions as a massive subsidy to the banking sector to help cure its past sins, but the policy comes at the expense of both the frugal and risk-averse. This policy can’t continue forever and we feel it will likely end sometime in 2010. The gold market is already telling us that the future purchasing power of the dollar is in question.”
--John Goltermann
Independent advisors get boost from Wall Street
Denver Business Journal: Special Section-Wealth Advising; December 4-10, 2009
“I think there was always a certain level of comfort working with a big, well recognized Wall Street firm, because people felt that they must have known more than everyone else. But since last year, people have realized that, unfortunately, no one has all the answers all the time.”
--Lonny Kandel
One year after the crash, investors fear risk, but enthusiasm grows
Denver Business Journal; September 12, 2009
“People have become much more wary of risk. We joke at the office that everyone talks about risk on the downside, but return on the upside… But risk is always there, if you’re going to put your money in the capital markets. I do think investors have a better sense now that it’s out there.”
--Lonny Kandel
Here come the tortoises
Denver Business Journal; February 20, 2009
“Sometimes it’s not so much what you can get on the upside; it’s what you can protect on the downside. We’re very aware of, as Wally likes to say, people’s stored labor.”
--Lonny Kandel
Aspen adviser plots course for hard times
Rocky Mountain News; November 14, 2008
“It has been frustrating. It’s a year in which careful investing has not paid off. It has tested everyone’s patience, core convictions and fundamental belief in our economy, our whole system.”
--Wally Obermeyer
Wally Obermeyer expands wealth management firm beyond Aspen for first time
Denver Business Journal; October 10, 2008
“We enjoy good brand recognition in Colorado, in large part from the ski business and having been here for so long. So for us, Denver is a very natural extension. It’s also an easy extension for me personally because I love to fly. My Dad used to fly years ago and I learned as a kid. It’s a 30- or 40- minute flight from Aspen.”
--Wally Obermeyer
“I really wanted to join a great culture. I think money management is very much about culture.”
--Lonny Kandel
There’s always an upside
Aspen Daily News Online; October 3, 2008
“Investors watching their portfolios tank can take heart, too. When the headlines say ‘Investors dump stocks and lose big’ you can flip the headline and say ‘New investors buy stocks on sale’ By definition, for every seller, there’s a buyer.”
--Wally Obermeyer
Economy deals a blow to ‘seller’s market’
Aspen Daily News Online; October 1, 2008
“Most of the buyers in that price range are pretty astute. They’d just as soon wait until the deleveraging has lowered prices.”
--Wally Obermeyer
Q3 Report: What Colorado experts are saying
Rocky Mountain News; October 1, 2008
If you’ve been telling people to stay invested this year, why should they believe you when you say it to them now?
“Because past returns aren’t predictive of future returns. Moreover, when sentiment is at its lowest, as it is now, and you have capital and time on your side, you want to be on the other side of the trade”.
--John Goltermann
Bush, Congress unite on aid
Rocky Mountain News; January 18, 2008
The Rocky Mountain News asked local investment professionals what one stimulus would be best for the nation and/or Colorado.
“Cut corporate tax rates”.
--John Goltermann
For Victims of Bear Market, a Few Lessons
The Wall Street Journal; September 6, 2002
“Following the herd may work for picking a restaurant or a movie, but not for investments.”
--Wally Obermeyer
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