Posts by Steve Lennart
Market Volatility and Diversification
INVESTMENT COMMITTEE COMMENTARY July 2026 The U.S. stock market in July continued the rotation from mega-tech and artificial intelligence driven stocks to an expansion in overall market breadth. Coming off a robust second quarter that saw equities touch record territory, July witnessed a shift away from mega-cap technology toward blue-chip value, small-cap equities, and equal-weighted…
Read MoreMid-Year Commentary
INVESTMENT COMMITTEE COMMENTARY June 2026 After strong U.S. stock market returns and record highs in April and May due to Iran War de-escalation, strong corporate earnings, and resilient consumer spending, June stock performance was more mixed. The S&P 500 fell 1% in June. In contrast, U.S. mid-cap stocks gained 3.1% for the month. Foreign developed…
Read MoreExchange Traded Funds (ETFs) and IPOs
INVESTMENT COMMITTEE COMMENTARY May 2026 The U.S. stock market continued its April momentum through May. Equity indexes posted notable monthly gains, with several indexes reaching historic highs. The May rally was largely dominated by the information technology sector, particularly artificial intelligence (AI) company stocks. Strong first quarter corporate earnings performance helped support Wall Street’s May…
Read MoreJMG Announces Nine New Principals
We are pleased to announce that the following team members have been promoted to Principals at the firm. Each individual has served a critical role to the growth of the firm with an average tenure of over 20 years with JMG. We appreciate their loyalty and dedication to the firm and to the clients we…
Read MoreJMG Announces New Principals
We’re pleased to announce that the following individuals have been promoted to Principal at JMG Financial Group. Each of these individuals have been critical to the recent growth of our firm. “It is a privilege to represent an organization who embodies unwavering care, loyalty, and integrity towards employees and clients. I appreciate the opportunity JMG has…
Read MoreJMG Announces Support for Cal’s Angels
As we approach the end of yet, another eventful year, we hope this message finds you and your families safe and healthy either at home or in your travels. Since 2020, our firm has decided to make a meaningful donation to a charitable organization at the recommendation of our employees. Each employee has the opportunity…
Read MoreJMG Financial Group named as one of the Top 100 Financial Advisory Firms of 2023 by CNBC
JMG Financial Group has been named one of the Top 100 Financial Advisory Firms of 2023 by CNBC. CNBC Ranking of the top-rated financial advisory firms of 2023 Disclosure Neither JMG nor any other participating adviser(s) paid a fee to be eligible for the award. JMG is unaware of any undisclosed facts that could potentially…
Read MoreJMG Financial Group named as one of the Best Places to Work for Financial Advisors in 2023
JMG Financial Group has once again been named as one of the Best Places to Work for Financial Advisors! Go to the InvestmentNews article here. The Best Places to Work for Financial Advisors is an annual award presented by InvestmentNews. InvestmentNews and JMG Financial Group are wholly unaffiliated. Full disclosure information concerning the award can…
Read MoreJMG Financial Group named as one of America’s Top RIA Firms by Forbes
JMG Financial Group has been named one of America’s Top RIA Firms by Forbes. Forbes 2022 America’s Top RIA Firms Disclosure Neither JMG nor any other participating adviser(s) paid a fee to be eligible for the award. JMG is unaware of any undisclosed facts that could potentially invalidate the appropriateness of the award. Award winners…
Read MoreJMG Financial Group named as one of the Top 100 Financial Advisory Firms of 2022 by CNBC
JMG Financial Group has been named one of the Top 100 Financial Advisory Firms of 2022 by CNBC. CNBC Ranking of the top-rated financial advisory firms of 2022 Disclosure Neither JMG nor any other participating adviser(s) paid a fee to be eligible for the award. JMG is unaware of any undisclosed facts that could potentially…
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