Submitted by Jeremy Taylor, CFP®, ChFC®, January 30, 2018
2017 was another banner year for Mainspring. While it was also one of the calmest market years on record, we have continued to grow our team and our capabilities to help our clients reach and maintain financial independence. A few highlights…
The Mainspring Family:
Mainspring added a fourth branch in January when we opened our Everett location. As part of this, Carolyn Christoferson, Denise Treat, and Anna Shea joined our team. We couldn’t be happier with this decision.
Early in the year we added Heather Pearson to our team as a client relationship manager in our Langley office. And shortly thereafter, we welcomed Chris Selvar to the team. Chris is primarily based in Bellevue and works as an associate financial planner.
We also continue to study and learn every single day. Mainspring prides itself in being a firm with varied backgrounds, areas of expertise, and education. In 2017, Brian Frederick attained the CIMA® (Certified Investment Management Analyst®) designation and Andrew Rodgers added his ChFC® (Chartered Financial Consultant®) while also passing the CFP® exam. Many others in our firm are nearing the completion of related programs as well.
Impacting our Communities:
It was also another great year in giving back. In 2017, Mainspring supported many of our favorite charities and organizations financially and through giving our time. We collectively volunteered 175 hours together as a team, as well as plenty of other time outside of work. This was spent with wonderful organizations that support children, education, and underprivileged communities in need.
The Markets & Economy:
2017 will go down as one of the least volatile years in the stock market’s history. We didn’t have a single stock market dip of more than 3% (in the S&P 500). Every time it appeared that a downturn was coming due to tensions with North Korea or political unrest, buyers came in and the market kept moving up. A positive year wasn’t unexpected, but the almost linear move up was. While this sense of calm was nice, we are working harder than ever to ensure our clients’ portfolios and, more importantly, financial plans are positioned not only for today but well into the future.
We are highly focused on adding value through our comprehensive level of planning. We continue to build stronger partnerships with other professionals to help our clients. This is primarily in the tax, legal, mortgage and insurance world. Mainspring’s goal is always to be a central figure for our clients to help organize and optimize their financial lives.
2018 looks to be an exciting year for our team and we look forward to continuing to share our growth plans with you. Every decision we make is with our clients, staff and communities in mind. As always, we thank you for the trust you put in us and look forward to seeing you in 2018.