The quick and dramatic collapse of Silicon Valley Bank (SVB) sent shockwaves throughout the financial world. Bank stocks have fallen, other banking institutions suddenly appear shaky, and many investors are concerned about the best way to hold onto their money.
Telemus’ Matt Dmytryszyn, CFA (Chief Investment Officer) and Josh Levine, CFP® (Senior Financial Life Adviser & Partner) recently hosted a webinar to discuss some of the most pressing questions we’ve heard from our clients. In addition to answering viewer questions about SVB’s collapse, Matt and Josh discussed:
- Best practices and considerations investors should be making in managing their cash in the current climate
- What bearing the recent bank failures will have on the economy and the market going forward
- Did company-specific issues lead to the failure of SVB and Signature Bank, or are there systemic concerns?
- Telemus’ perspective on how we are navigating the evolving environment
Matt Dmytryszyn, CFA helps to develop the investment strategy for the firm and spearheads the research of traditional investment managers and funds. Matt also supports the firm’s asset allocation effort along with researching alternative investment strategies. Prior to joining Telemus, Matt was a Principal with LaSalle Street Capital Management, LLC, where he was involved in equity research and portfolio management for the firm’s large and small cap portfolios. Prior to that, he was a Senior Research Analyst with Russell Investments where he was responsible for manager research on Large Cap Market Oriented managers as well as served as the Chairman of the Direct Investing Research Team. Matt has been published in an Institutional Investor journal as well as quoted in Barron’s and Money Magazine.
Matt sits on the Board of Directors of Bridge Communities, a non-profit that provides transitional housing to families. He is a graduate of the University of Minnesota and is a CFA Charterholder. Matt enjoys tennis, golf and spending time with his wife and two daughters.
ABOUT THE PRESENTER —Josh Levine, CFP®
Josh Levine, CFP® has been a member of the Telemus team since its inception in 2005. As a Partner, Josh works with individual members on comprehensive financial life management issues. He also assists business owners with evaluating their qualified retirement options such as 401(k), profit sharing and cash balance plans. Prior to joining Telemus, Josh worked at Towers Perrin advising Fortune 100 companies on their employee benefit plans. Josh is a proud graduate of the University of Texas and completed his MBA at Emory University. Josh is an avid soccer player, runner, biker, and competes in many triathlons. He loves to spend time with his family and the family dog.
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