Welcome

Welcome to C2PCentral.com—an exclusive communications resource from Clarity 2 Prosperity and Prosperity Capital Advisors. As a member of our Mastermind Group, this tool has been created to put all of our communications in one convenient location, right at your fingertips. Be sure to check back regularly and bookmark this page as your go-to spot to access our news, updates and latest resources available to you!

Global Market Breakdown – YTD

Published September 21st, 2017 in News | No Comments »

I am pleased to provide this report and summary data for the Global Market Breakdown on a YTD basis. In the past, we have provided this information monthly and DFA separately provided a quarterly report. In an effort to better understand the relative performance of various sectors of the world market and look at an attribution analysis of our models, this report should be helpful. Please click here to to view additional details (including 1Q and 2Q).

Global Market Breakdown YTD 2017

  • Global equity markets (MSCI All Country Index) have advanced 15.5% YTD lead by Emerging Markets which are up 28.6% (MSCI Emerging Markets). US markets (Russell 3000) are up 11.2% and Developed (MSCI World ex US) markets are up 16.6%.
  • In the US, Growth (Russell 3000 Growth) is up 18.5% while Value (Russell 3000 Value) is up 4.3%. Large cap (Russell 1000) is up 11.8% and Small cap (Russell 2000) is up 4.4%.
  • In Developed markets, Small cap (MSCI World ex US Small Cap) is up 20.9% and Large Cap (MSCI World ex US Large) is up 15.9%. Growth (MSCI World ex US), is up 19.5% while Value (MSCI World ex US) is up 14%.
  • In emerging markets, Growth (MSCI EM Growth Index) is up 34.9% and Value (MSCI EM Value Index) which was up 22.7%. Large Cap (MSCI EM Large Cap) is up 29% and Small Cap (MSCI EM Small Cap) is up 22.7%

Note: all MSCI is gross dividends 

General Observations

  • It has been a strong year for equities on a worldwide basis.
  • PCA Models have been helped somewhat by global diversification as international markets are stronger than the US, YTD.
  • Premiums/Tilt: Growth is beating Value throughout the world. Large is beating Small in the US and EM, while Small, is outperforming Large in Developed markets. This is in contrast to the long-term factual data that shows Small beats Large and Value beats growth over the long run.

Thank you,

Jerry Herman, CFA
Co-Chair of the Investment Committee

 

C2P & PCA: We’re moving!

Published March 17th, 2017 in News, Updates and Announcements | No Comments »

As we continue to grow our team and service offerings, we require additional space! We will be relocating to a new home office by Monday, March 27. Please note our new office address for future correspondence:

30400 Detroit Road Suite 201, Westlake, OH 44145
All phone numbers and emails will remain the same

Our office will be closing at 1:00 p.m. ET on Friday, March 24, and we will be moved into our new location with normal operating hours as of Monday, March 27. Please reach your needed team member for business related items or contact Pablo Terra for any items related to the move. We are working diligently to make this transition as seamless as possible to you and appreciate your patience during this transition.

 

New Portfolio Analytics Software

Published March 9th, 2017 in News, Updates and Announcements | No Comments »

Prosperity Capital Advisors is very excited to announce a new relationship with Kwanti Portfolio Analytics to offer the Kwanti Portfolio Lab software to you and your clients at a discounted rate. We have been conducting due diligence and field testing with multiple software vendors to find a good solution to provide investment audits. We have found Kwanti to be a tremendous portfolio evaluation tool to compare a client’s current portfolio with a portfolio we are recommending. We found the software to provide great value in providing an insightful report on total fund expense of one portfolio option vs the other. We feel this analysis will help document why moving the portfolio to you (and PCA) is in the clients best interest and documents the potential cost savings of making the move.

Please join us on March 17th at 2:00pm EST to review the software and client deliverable

Click here to register!

After registering, you will receive a confirmation email containing information about joining the webinar.

Brought to you by GoToWebinar®

Webinars Made Easy®

 

Low-Cost Referral Builder

Published March 3rd, 2017 in News, Updates and Announcements | No Comments »

With only a few weeks left to round out Q1 2017, now is a great time to dig into one of our newest processes for a fresh approach to your marketing! Take a closer look at the marketing program created by Mastermind members Leonard and Kyleah Parson, Ph.D. that enabled them to cut marketing costs by 60%! Instead of relying on cold leads from the mail houses, learn the details of how he is able to average 75-100 warm leads per month from this exclusive event marketing system.

In this session, you will learn strategies for:

  • Reaching out to groups and associations in your area,
  • Creating raffle programs and tickets for seminars to drive more attendees,
  • Best practices to book and keep up more appointments from each seminar,
  • And more!

Visit C2PTraining.com to access the e-Learning course for you
and your team to implement this new process today!

For the latest innovations and collaboration opportunities,
click here to register for our next Mastermind Collegium, June 22-23, 2017.

 

Exciting News About Commission Reduction on DFA Funds

Published March 1st, 2017 in News, Updates and Announcements | No Comments »

PCA is excited to announce a reduction in transaction charges on all DFA fund purchases and redemptions through TD Ameritrade from $15 per transaction to $9.99 per transaction. The lone exception is the One-Year Fixed Income Portfolio (DFIHX). There will be no transaction charge for purchases and redemptions of DFIHX.

This provides additional value to PCA advisors and clients using the PCA DFA investment strategies as it now costs a client 33% less when buying into a strategy or rebalancing, allowing more of the client’s money to be invested into the funds.

The reduction went into effect on February 24. Therefore, if you’ve had new accounts invested into a DFA strategy over the last few days, you may have already noticed the reduction.

C2P/PCA is constantly striving to provide a world class experience for our advisors and clients. We are appreciative of the business you bring to C2P/PCA.

 

Additional DOL Insights

Published February 28th, 2017 in News, Updates and Announcements | No Comments »

As a follow-up to our earlier announcement, the Office of Management and Budget (OMB) released a decision today marking the DOL’s delay proposal as “economically significant.” This decision does create new challenges for the DOL to justify their requested delay that was submitted earlier this month. This may result in a longer comment period, and ultimately more time for the Trump administration to shape the final form of this legislation.

What happens now?
The delay has not yet been approved, and the DOL now must provide an analysis of the economic impact the delay will have—leaving the April 10 implementation date still in question. The DOL is unable to make the delay rule public until it is approved by the OMB; however, it has been widely-anticipated they are seeking 180-day delay to address measures directed by President Trump in early February.

The response from the DOL to today’s OMB decision may include one of the following outcomes:

1)     Conducting a cost-benefit analysis of the delay

2)     Revising their proposal for a shorter delay to bypass this analysis

3)     Issuing an interim final rule on the delay to take effect immediately without comment period (however, this is considered unlikely with the “good cause” requirements of interim final rules)

While the final form and timeline of the fiduciary rule continue to take shape, if you have not already taken measures to adapt to best interest standard, now is the time to take action. We will continue to maintain our proactive communications with the Department of Labor and keep you apprised of further developments.

 

Update: DOL Delay

Published February 28th, 2017 in News, Updates and Announcements | No Comments »

As of this morning, the Office of Management and Budget (OMB) has completed its review of the DOL’s request to delay the fiduciary rule and designated the delay as “economically significant.” This decision came after the OMB has met with several proponents of the rule in the last two weeks, including AARP and Consumer Federation of America.

The DOL rule is still currently set to take effect April 10, but it is speculated the Department of Labor requested a 180-day delay in their request submitted to the OMB on February 9 following Trump’s instruction to reassess the rule. With today’s status change, it is anticipated that this could mean a longer comment period on the delay rule to make revisions prior to implementation.

While delays are an almost certainty, if you have not already taken measures to adapt to best interest standard, time is still running out. We will continue to maintain our proactive communications with the Department of Labor and keep you apprised of further developments.

Jason L Smith

 

Important Updates: Soon & Later Buckets

Published February 27th, 2017 in News, Updates and Announcements | No Comments »

We have made significant updates to the Soon and Later Bucket Product Guide e-Learning modules on c2ptraining.com. You’ll notice immediately that these courses have been renamed to reflect the updated content – please look for The Soon Bucket Product Shelf and The Later Bucket Product Shelf in your courses or dashboard. We’ve applied the C2P Best Interest Product Screening Process, and we’ll take a closer look at each bucket in these two courses.

Please be sure to review the C2P Best Interest Product Screening Process course first (if you have not already done so), and then the Soon and Later Bucket Product Shelves (all on c2ptraining.com) as soon as possible in order to get up to speed on how to position and implement products in each bucket.

 

Educating Clients on the Biggest Dangers: Interest Rate Risk

Published February 21st, 2017 in News, Updates and Announcements | 1 Comment »

At Clarity 2 Prosperity, we aim to continuously develop and share educational financial planning tools for your practice.

With markets at all-time highs and interest rates at all-time lows, we are left with “The Perfect Storm” of a market for our clients. Many investors are shocked to learn that bonds are not necessarily a safe haven.

Use the article and tools below to explain these risks to your clients and prospects today!

Step 1: Share Article: Is the Bond Market in a Bubble?
Bonds have been on a 34-year bullish run, but that may come to an end soon…. “UBS reclassified its clients that were heavily invested in bonds from being ‘conservative’ to ‘aggressive,’ likely to lessen any possible future legal liability.”
Click here for the U.S. News & World Report article to share with your clients and prospects!

Step 2: Establish the importance of a “now,” “soon,” and “later” buckets
The Bucket Plan® white board video quickly and easily communicates the importance of structuring assets for today’s economy.
Click here to watch!

Step 3: How to fund your “soon” bucket?
The Perfect Storm consumer white paper and seminar communicate how fixed and fixed indexed annuities can be a good option to fill this “soon” bucket, helping eliminate the biggest dangers investors face today!
Click here to download the consumer white paper.