There were 2,417 press releases posted in the last 24 hours and 359,990 in the last 365 days.

Singer Wealth Advisors’ “Spartan” Tactically Managed Account, up 62% in First Nine Months Since Inception

BOCA RATON , FL, USA, June 9, 2020 /EINPresswire.com/ -- Since September 1, 2019, Singer Wealth Advisors, an SEC Registered Investment Advisory firm has been offering its clients a rather unique investment strategy. Instead of the customary buy and hold approach that rides the ups and downs of the market, this approach utilizes technical analysis to make low duration high probability trades. The separately managed “Spartan” account, which is custodied at Charles Schwab and can invest both long and short positions, has returned 62.5% after fees since September, compared to the S&P 500 gain of about only 5%. March was a particularly compelling month for the account which gained over 9% compared to a loss of over 12% for the S&P 500. The returns have been so impressive that Singer Wealth Advisors, recently hired Cascade Investment Compliance &Verification Services LLC to review and verify the actual returns. Christi Coffman, Singer's VP of Portfolio Management who led the performance review, stated "The performance review process involved providing Cascade with valuation data for all of the accounts in the strategy, as well as sample trade data from an independent source, reported by Charles Schwab. Cascade tested that all of the accounts managed to the Spartan strategy were included in the composite performance return calculations, and they tested that we applied a consistent account and composite return calculation methodology before issuing a review opinion on the composite returns of SWA's Spartan tactically managed strategy."

The strategy relies on several technical indicators including Gann charts, RSI indexes and public investor sentiment which is a contrary indicator. According to Keith Singer, the firm’s founder, “when most retail investors are very bullish or very bearish, the crowd is usually wrong. Therefore, investor sentiment is a very useful contrary indicator.” Additionally, the strategy relies on a proprietary algorithm called the GAMA money flow algorithm which measures institutional

trading volume as a percentage of overall volume. A surge in institutional volume is a bullish indicator and a contraction is bearish. As with any investment, this strategy has investment risk. However, all trades use stop-loss orders to minimize the impact of a losing trade. Moreover, the strategy remains in cash unless a high probability trade is identified. Fortunately, there have not been too many losing trades thus far. Out of 46 trades that have been completed, 38 have been profitable. As word has spread, assets under management in this separately managed account has more than tripled during the first two months of the second quarter. According to Singer, “What’s nice about this account is that, unlike a typical hedge fund that offers long and short exposure, each client’s investment is held in their own name at Charles Schwab and the accounts do not require a minimum holding period as the clients’ investment accounts are redeemable each day.”

Contact Singer Wealth Advisors

Keith Singer JD, CFP™

561-998-9985 Keith@singerwealth.com

Past performance does not guarantee future results. This information is provided for informational purposes only, is general in nature, and is not a recommendation to buy or sell any investment or adopt any investment strategy. It does not consider the specific investment objectives, tax and financial condition, or risk tolerance of any investor

Neither Singer Wealth Management nor The Spartan assumes any responsibility or liability for investment results. Using a market timing trading strategy may result in tax consequences. There is more risk involved with this strategy than with other strategies. Always consult with your registered financial advisor and tax advisor before making any investment decisions.

Keith Singer
Singer Wealth Advisors
+1 561-998-9985
email us here
Visit us on social media:
Facebook
LinkedIn

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.