2022 Successful Year for Fortitude Private Wealth

March 2, 2023 | Josh Zorger, CFP®, Fortitude Private Wealth

2022 was a successful year for Fortitude Private Wealth as Client Assets Under Management Increased by 5.3%. Fortitude Private Wealth is an independent, fee-only registered investment advisory firm located in Carmel, Indiana serving clients in 12 states.

Fortitude Private Wealth recently made its annual filing of Form ADV Part 2A Disclosure Brochure in accordance with both the Securities and Exchange Commission (SEC) and state regulations. This annual update discloses the total client assets under management as of 12/31/2022. Total client assets under management increased during 2022 by 5.3%. To view the ADV Part 2A Disclosure Brochure, please click here

From Josh Zorger, CFP® | President of Fortitude Private Wealth

“The growth of the firm during 2022 is a testament to our emphasis on proactive client communication and our focus on managing appropriate levels of risk for our clients across both the equity and fixed income markets. I had concerns heading into 2022 about how increased inflation and potential interest rate increases by the Federal Reserve might affect the financial markets. As a result of these concerns, I made asset allocation changes to help our clients mitigate potential risks. This is likely most evident in minimizing interest rate and duration risk for our clients.”

“I expect that many investors are asking questions after 2022 and wondering how their portfolio may have suffered the losses that it did. For investors who did not manage interest rate risk or who had an overconcentration to Technology stocks during 2022, they might be questioning their investment strategy. Today is a great time for investors to ask themselves what their appropriate level of risk should be, revisit their time horizon and re-evaluate their overall asset allocation.”

Fortitude Private Wealth is currently accepting new clients. The average client relationship at Fortitude Private Wealth has $1,100,000 in total assets under management. If you are a High Net Worth investor who is looking for some guidance with managing your investment portfolio or planning for retirement, please contact Lauren Wolfe at 317-819-8550 or complete the Get In Touch section of our website.

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