COVID-19 Updates
Our staff is available via phone, email, in-office meetings and virtual meetings during normal business hours. If you have any questions, please reach out to your RCG advisor or call 407‑422‑0252.
Please visit the following page for more information on check deposits: Mailing Checks.
For your safety and that of our staff, we are encouraging the use of our secure Virtual Vault in place of mail wherever possible. Our Virtual Vault resource page has several articles you may find helpful to using the Virtual Vault.
Below you will find our latest communications on COVID-19.
After five consecutive quarters of strong returns, the global equity market rally paused during the third quarter, with a downturn concentrated in the last two weeks of September.
The second quarter saw continued strength in equity markets. Real Estate Investment Trusts (REITs) led the way, returning 12.84% (per the Wilshire REIT Index). This was followed by the S&P 500, returning 8.55%...
The first quarter saw equity markets continue their strong run following the lows reached just over a year ago. Domestic small and small value stocks led the way again this quarter, returning 12.70% and 21.17%, respectively (per the Russell 2000 / 2000 Value).
The fourth quarter saw equity markets continue their strong run following the March 23 lows.
The third quarter saw equity markets continue their recovery from the March 23rd lows. International small company stocks (per the MSCI EAFE Small Cap Index) led the way, returning 10.25% for the quarter, followed by emerging markets (per the MSCI EM Index) with a 9.56% return.
The second quarter 2020 saw a significant rebound in equity markets following the jolting declines in the first quarter. Domestic small company stocks (per the Russell 2000 Index) led the way with a return of 25.42%, followed by the S&P 500 with a return of 20.54%.
RCG has adopted a phased approach to reopening, allowing only limited staff in our offices through July. Our goal is to have our full team back in the office by mid-August, though our plans remain flexible. We are tentatively targeting mid-September for a return of in-office client meetings. It is our desire to see you again in person soon, but safety is of utmost concern as we forge ahead in this new normal.
As the stock market tumbled 30% in March, investors struggled to find a reason to be optimistic. April brought a recovery from the March lows as domestic small company stocks led the way with their best monthly performance in almost a decade.
To say that equity markets had a challenging start to 2020 would be an understatement. The record highs reached in mid-February by the S&P 500 seem like a distant memory after the 30% drop in March – the quickest decline from a new high ever recorded.
To comply with the recent Orange County Emergency Executive Order, and to ensure the health and safety of our clients and staff, all employees will work from home beginning Friday, March 27.
