the informed investor

ICC conducts research to help clients and friends of the firm enhance their financial knowledge and perspective. In our blog, The Informed Investor, we present timely commentary on relevant investment, political, and economic trends and events. We offer our insights and analysis so that we can all make more proactive decisions.

Important Client Update

Randy A. Garcia, Founder and CEO

March 24, 2020

During unusual times of great uncertainty that result in financial and emotional turmoil, people ask themselves and others the same six questions throughout history. I believe it is useful to raise these questions now as well as offer appropriate responses. Through this effort, I sincerely hope that it provides you the balanced perspective necessary for logic to triumph over emotion.…

ICC Continuity Plan

March 15, 2020

The Investment Counsel Company has been closely monitoring the ongoing coronavirus (COVID-19) and the rapidly evolving circumstances relating to the outbreak. ICC’s top priority remains the health, safety, and well-being of our employees, their families, and our clients. Therefore, we want to share with you information regarding how our Firm is proactively monitoring the situation, and the steps we are…

An Important Update from The Investment Counsel Company

March 15, 2020

Without exception, today everyone’s attention across the globe is focused on the movement of the coronavirus. One key difference between this crisis and the last is that although investors are deeply concerned, they better comprehend the economic and financial implications more clearly than the Great Financial Crisis. Regardless of the catalyst responsible for a crisis, reactions to financial markets seldom…

What is a Fiduciary Financial Advisor, and Why Do You Need One?

Randy Garcia, ICC Founder

March 9, 2020

When you hire a financial advisor, you want them to give you actual advice, right? Of course, that sounds like a dumb question. But unfortunately, it’s not. Believe it or not, the financial advisor you hire may not be required to give you real advice. Instead, they might just be giving you product recommendations that are better for the seller…

NBC Affiliate Interviews Financial Advisor Randy Garcia on the Coronavirus

March 3, 2020

Today, Randy Garcia, ICC Founder and financial advisor, was interviewed by the NBC Affiliate 3 News Las Vegas.  In light of the continuing coronavirus activity as well as the emergency federal reserve rate cut, news viewers were looking for insight. Randy offered several recommendations including “buckle up and diversify.” Watch the interview at this link:   https://news3lv.com/news/local/advice-for-local-investors-buckle-up-and-diversify.  

Financial Planning in Volatile Times: Should You Change Your Strategy Based on Global Events?

Randy Garcia, ICC Founder

March 2, 2020

No one can predict when a crisis or global event will occur. Take the coronavirus: it came out of nowhere, and now it’s affecting most of the world. After its onset in China, the country was put into an unprecedented lockdown, which means manufacturing came to a screeching halt in some areas. China is a hub for electronics, consumer products,…

Is Your Financial Advisor an Asset Manager or Asset Gatherer?

Randy Garcia, Founder, ICC

February 24, 2020

It would seem that hiring a financial advisor to manage your assets should be relatively simple. Unfortunately, that’s far from reality. Why? Because you have an entire industry — Wall Street — that benefits when you stay confused. Let’s say your investments have grown and you’re ready to get help. Be careful who you hire. You probably want an asset…

Las Vegas Financial Advisor Randy Garcia Updates Top Nevada Tax Advisors

January 20, 2020

When Nevada’s top CPAs and tax advisors were seeking an expert to discuss today’s market, they reached out to the first financial advisor  to adopt the fiduciary standard in the state of Nevada, Randy Garcia, CEO of the Investment Counsel Company.  Randy presented at Fair, Anderson & Langerman’s 15th Annual Year-End Seminar.  This annual breakfast was held in December 2019 at…

Is a Brand-Name Financial Advisor a Better Choice?

Randy Garcia, Founder, ICC

January 6, 2020

As a consumer, we often gravitate to brand names.  Usually, we assume that brand name products or services are a safer buy and offer higher quality and consistency. While this might make good sense when buying a car or refrigerator—is it smart to apply that same thinking when choosing a financial advisor? Great question!  After all, we’ve all seen the…

Financial Planning: What Should You Do With Your Investments During a Trade War?

Randy Garcia, Founder, ICC

December 24, 2019

While the trade war with China has been grabbing the headlines, President Trump has been firing serious tariff warning shots at several regions, including Europe(1), Mexico(2), and Canada(3), over the past months. While the situation continues to evolve, it’s likely that tariffs and trade wars will remain a hot topic for the foreseeable future. So, many concerned investors want to…

Las Vegas Financial Advisor, The Investment Counsel Company, Introduces New Website and Blog

December 11, 2019

The Investment Counsel Company, a Las Vegas-based independent financial advisory firm, is pleased to introduce our new corporate website. Founded in 1987, The Investment Counsel Company (“ICC”) became the first firm in Nevada to act in a fiduciary capacity (meaning we put our clients’ interests first).  Over three decades later, we continue our leadership, and were voted the No. 1…

Federal Reserve Rate Cuts: Impact on the Economy and Financial Markets

Randy Garcia, Founder, ICC

July 2, 2019

In recent weeks, you have likely heard increased discussion in the media and financial news about the Federal Reserve cutting interest rates in the near future. What are the immediate and longer-term implications? The Federal Reserve was originally created with a dual mandate to “promote effectively the goals of maximum employment, stable prices, and moderate long-term interest rates.” In other…

Trade, Tariffs, and the Market: What to Do When The Market Swings

Brett Myer, Vice President of Investments and Research, ICC

May 17, 2019

In recent weeks, the increase of unpredictability in the U.S. stock market has become a constant concern for investors. The hardest hit stocks have been those of companies who do business that requires importing from or exporting to China. Investors are aware of the prevailing cause–turmoil surrounding trade talks and additional tariffs between the U.S. and China. But what we…

Quarterly Insights: Q1 2019

Randy Garcia, Founder, ICC

April 10, 2019

Stocks and bonds seldom rise together. Fortunately, 2019 is proving to be an exception along with many other investment, economic, and political precedents in recent years.  Global financial markets have fully recovered from their modest declines in 2018, leading the way to even further gains. The first quarter was the best start in 21 years for U.S. stocks. The past…

How to Plan for Your Best Financial Future

Michelle Konstantarakis, Vice President, ICC

March 9, 2019

In recent years, the media has been less than optimistic about our financial future. Across all mediums, the reports and statistics point to the difficulties of saving, investing, spending, and planning for you and your family’s future. Even for those who are meticulous investors or those with higher incomes, preparing for the future can often seem like an impossible task.…

Alternative Investments: An Atypical Guide to Investment Diversification

Brett Myer, Vice President of Investments and Research, ICC

February 4, 2019

Whether you’re a seasoned investor or just getting started, the most common advice you may have heard is the importance of a diversified investment portfolio. This means investing your money in various types of assets and financial markets, both domestic and international, to help ensure that your funds are not solely dependent on one country’s economy or a certain business…

Financial Planning vs. Wealth Management

Michelle Konstantarakis, Vice President, ICC

December 14, 2018

What does it mean to manage one’s wealth (or assets) versus financial planning? Some might think the two are synonymous and approach their wealth management and financial planning similarly. While the differences between the two are nuanced, knowing the distinction is important for any investor. When we talk about wealth management, we’re referring to how to structure, monitor, measure, and…