Saturday
Aug172013

2013 Best Financial Advisers for Dentists in America

Dental Practice Report selects Timothy Walla, CFP® to the 2013 Best Financial Advisors for Dentists in America List

Walla Street Wealth Management, Inc. is pleased to announce that Timothy Walla, CFP®, has been selected by Dental Practice Report magazine as one of the "2013 Best Financial Advisers for Dentists in America" list in their April 2013 edition. This is the third year in a row that Mr. Walla has received this recognition.

Mr. Walla is the only financial advisor in the State of Kansas to be included in this year's rankings.

Candidates were selected to the list based upon client and peer references, strong recommendations from dentists, and an extensive background check. Applicants were also required to complete an extensive questionnaire listing credentials, educational background, noteworthy professional achievements, specific areas of expertise, and percentage of dentists clients.

Saturday
Jul062013

Monthly Economic Update for July 2013

* Provided by Walla Street Wealth Management, Inc.

THE MONTH IN BRIEF

Sometimes the direction of the stock market can change on a few sentences, even a few words. That was certainly the case on June 19, when Federal Reserve Chairman Ben Bernanke mentioned the possible end of QE3 in 2014 and the prospect of reducing the central bank’s monthly bond purchases later in 2013. A global selloff occurred after his remarks, and the S&P 500 lost 1.50% for June. Still, the major U.S. indices fared pretty well compared to foreign benchmarks. It was a miserable month for commodities, particularly gold. You could find plenty of positives in the housing sector, even with home loan rates ascending. While stocks retreated last month, most investors remained confident in the bull market’s strength.1 2

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Saturday
Jul062013

Monthly Economic Update for June 2013

* Provided by Walla Street Wealth Management, Inc.

THE MONTH IN BRIEF

May brought more record closes for the Dow, more affirmations of the housing comeback, more household confidence, and certainly more volatility as investors wondered if the Federal Reserve might soon do less. The major concern of the month was how quickly and dramatically the Fed might wind down its easing effort. Commodities struggled against a strengthening dollar; domestic indicators were a mixed bag. Still, there was enough optimism to send the S&P 500 2.08% higher for the month.1

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Sunday
Jun022013

Monthly Economic Update for May 2013

* Provided by Walla Street Wealth Management, Inc.

THE MONTH IN BRIEF

Offhand, when was the last month in which stocks didn’t advance? That would be October, and if it seems like a distant memory, credit the Federal Reserve, a decent Q1 earnings season, and a prevalent optimism that is hard to dismiss. The S&P 500 pushed higher during the month to settle at a new record close of 1,597.57 on April 30 – even after an abysmal March jobs report and some soft indicators at home and abroad. It was a bad month for commodities investors, with the big headline being gold’s lapse into a bear market on April 12. There was better news out of Europe, if not out of China. The real estate market continued to improve, the usual monthly volatility in the pace of home sales aside.123

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Tuesday
Apr162013

Monthly Economic Update for April 2013

* Provided by Walla Street Wealth Management, Inc.

THE MONTH IN BRIEF

Stocks just couldn’t be stopped in March. The S&P 500 rose 3.60%, all the way to a new record close of 1,569.19 on March 28 (the last market day of the month). The Dow and Russell 2000 reached all-time peaks as well. Even another crisis in Europe couldn’t stop the advance. Stateside indicators were broadly positive (which was not the case for foreign stock indices and the performance of key commodities). Even with sequester cuts affecting the federal budget and the payroll tax holiday a memory, the overall outlook for the economy and the market seemed to brighten.1

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Thursday
Mar142013

Timothy Walla, CFP® granted registration into NFLPA Financial Advisor Registration Program

Leawood, Kansas, March 14, 2013:  Walla Street Wealth Management, Inc. is pleased to announce that Timothy Walla, CFP®, has been granted final registration in the National Football League Players Association (NFLPA) Financial Advisor Registration Program.

The National Football League Players Association is the union for professional football players in the National Football League. Established in 1956, the NFLPA has a long history of assuring proper recognition and representation of players’ interests.  There are only 200 financial advisers in the country registered by the NFLPA.  Mr. Walla is the only NFLPA Registered Player Financial Advisor in the Kansas City metropolitan area to receive this registration and the only one in the state of Kansas.

Candidates were selected to the list based upon a minimum 8 years of experience, a strong ethical reputation and an extensive background check. Applicants were also required to complete an extensive questionnaire listing credentials, educational background, noteworthy professional achievements and specific areas of experience.

Walla Street Wealth Management, Inc. was established in 1999 by Timothy Walla, a CERTIFIED FINANCIAL PLANNER™, for the purpose of providing comprehensive financial planning, professional investment management, and risk management services for individuals, families, and small businesses.

Sunday
Mar102013

Monthly Economic Update for March 2013

* Provided by Walla Street Wealth Management, Inc.

THE MONTH IN BRIEF

As February ended, a central question seemed to preoccupy Wall Street: “When will the Dow hit a new record high?” Nothing seemed to shake the Street’s upbeat mood – not the $85 billion in federal budget cuts slated for March 1, not the real estate bubble in China or political uncertainty in Italy, not the still-anemic Q4 GDP reading or the abrupt decline in personal incomes. All told, the data stream offered much to keep Wall Street in a good mood: impressive numbers from the housing sector, rebounding consumer sentiment, continuing expansion in the manufacturing and service sectors. So the Dow ended the month at 14,054.49, with bulls holding an unyielding belief that it could reach a new all-time high in March – and the index did just that.1 2

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Sunday
Mar102013

Monthly Economic Update for February 2013

* Provided by Walla Street Wealth Management, Inc.

THE MONTH IN BRIEF

The S&P 500 opened 2013 with its best month since October 2011 – and its biggest January gain in percentage terms since 1997. Analysts felt the year might start with a positive month, but few expected a 5.04% breakout for the definitive Wall Street gauge. In fact, stocks around the globe had a great month – and so did oil. A fiscal cliff deal was signed into law, and a battle over the debt ceiling was postponed. Poor monthly indicators didn’t do much to hobble real estate’s rebound. Consumer confidence surveys offered mixed signals and the unemployment rate increased, but data showed households spending, saving and earning more.1

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Saturday
Jan122013

Monthly Economic Update for January 2013

* Provided by Walla Street Wealth Management, Inc.

THE MONTH IN BRIEF

Our economy doesn’t revolve around a single issue – but in December, it almost seemed as if it did. Households, businesses, economists, financiers, journalists and politicians all worried that America would fall off the “fiscal cliff” come January 2. Congress passed a partial fix at the very edge of the cliff – on New Year’s Day. In the wake of the crisis, stocks showed remarkable resilience – the S&P 500 actually gained 0.71% in December. Away from the cliff, the real estate market was improving, overseas stock markets were rallying seemingly en masse, and commodity futures were all over the place. Hopefully, consumer confidence would rebound in January.1

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Tuesday
Dec182012

Monthly Economic Update for December 2012

* Provided by Walla Street Wealth Management, Inc.

THE MONTH IN BRIEF

In November, a presidential election cleared up a few ambiguities for Wall Street; an oncoming fiscal cliff presented many others. Anxiety was prevalent, yet the S&P 500 managed to gain 0.29% for the month. The latest economic indicators were encouraging enough to distract investors from worries about 2013. Many of the major global indexes advanced in November; some key commodities retreated. The latest reports showed our manufacturing sector contracting and household spending declining. News out of Europe and China was less troubling than in past months.1

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