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Jacobi Capital Management Symbol Navy@200x - Hello from Team Jacobi

To Our Friends,
We are writing to you during uncertain times as we endure the safety precautions of the novel coronavirus and the simultaneous impact on the global financial markets. First and foremost, we are thinking about the health and well being of all of you, as that is most important. Second, we understand the shock of the movements in the financial markets and the questions you likely have. While this happened very suddenly, we assure you our focus has always been and will continue to be on your long-term financial goals, relative to all conditions and cycles that will come and go in the markets. We know that many of you have different needs, and we wanted to make ourselves transparent and available to continue providing guidance and service during these times.
  • We have been here before, and we will be here again. Markets are cyclical, and many of you have been through large market draw downs in the past. As always, we continue to monitor the data that we study and rely on to help us make prudent decisions for you. All cycles have a beginning and an end. This will end and we will move forward into the next cycle with your long-term goals in mind. One thing we are certain of, is this cycle will end, as every cycle in the history of time, good or bad, has. We believe so strongly in this statement that it is the message in our corporate logo. The cycles are represented by the “J”s with each arrow looping back around in a continuous motion of beginnings and endings. The cycles represented in the logo are both the market and economic cycles and the cycles for you as clients as your needs and situations change.
  • During times like this, our focus should be on your long-term needs, as well as changes occurring in the short term. In the short term, the markets are still processing information as it is released. This is a fluid situation. In many ways there is not a right or wrong position. There are a few scenarios that could play out from here. We continue to align your accounts for a range of possible outcomes.
  • Better times are to come. As we said, every cycle has ended. We do not know when this will be, but history has shown that markets have come back from their lows. This will happen over the years. Over the coming weeks, you will be hearing more from Jacobi about our framework to guide you on your path forward.
All of us at Jacobi Capital Management thank you for your trust over the years and we all look forward to continuing to work together towards your financial goals. Through this time, as always, know that we are here for you. Please do not hesitate to reach out to our team for a personal conversation about how you are positioned to weather this uncertainty. Please be sure to let us know if there is a change in your life that would affect how we should be thinking about your portfolio and please reach out if you have any questions or just want to say hello.
Lastly, but most importantly, we are truly inspired and grateful for the commitment and bravery of our country’s health care providers, first responders, pharmacists, grocery and restaurant outlets and all those who are supporting the needs of everyone in the face of such adversity. We are so thankful.
Sincerely,
Your Jacobi Team