JNBA Financial Advisors Podcast

Market conditions in April 2025 were notably volatile, with almost daily swings in market values following changes in policy and tariffs. The whiplash left consumers, businesses, and investors concerned about the U.S. economy's resilience and the long-term impact on portfolios. In our latest JNBA Investment Committee video discussion, recorded on May 19, 2025, senior members of the JNBA Investment Committee discuss investing tactics that supported less volatility for portfolios, including asset allocation and rebalancing. John Foster, Senior Advisor – Investment Strategist, and Mark Rosenkranz, Investment Strategist, also address the latest data points and where investors can focus their attention as we enter the latter part of Q2 and look toward the second half of 2025.DISCLOSUREThe previous presentation by JNBA Financial Advisors, LLC (“JNBA”) was intended for general information purposes only. No portion of the presentation serves as the receipt of, or as a substitute for, personalized investment advice from JNBA or any other investment professional of your choosing. Different types of investments involve varying degrees of risk, and it should not be assumed that future performance of any specific investment or investment strategy, or any non-investment related or planning services, discussion or content, will be profitable, be suitable for your portfolio or individual situation, or prove successful. Neither JNBA's investment adviser registration status, nor any amount of prior experience or success, should be construed that a certain level of results or satisfaction will be achieved if JNBA is engaged, or continues to be engaged, to provide investment advisory services. JNBA is neither a law firm nor accounting firm, and no portion of its services should be construed as legal or accounting advice. No portion of the podcast or video podcast content should be construed by a client or prospective client as a guarantee that he/she will experience a certain level of results if JNBA is engaged, or continues to be engaged, to provide investment advisory services. A copy of JNBA's current written disclosure Brochure discussing our advisory services and fees is available upon request or at jnba.com. Please see import...

2024 brought us rising yields, a strong dollar, and a headline-grabbing presidential election. How do these events, along with other key factors, guide investment strategies into the new year?In our latest video discussion, recorded on January 7, 2025, members of the JNBA Investment Committee recap 2024 and discuss opportunities on the radar as 2025 unfolds. JNBA Chairman and CEO Richard S. Brown talks with two senior members of our Investment Committee, John Foster, Senior Advisor – Investment Strategist, and Mark Rosenkranz, Investment Strategist, about the outlook of corporate earnings, the equity market, inflation, and more.DISCLOSUREThe previous presentation by JNBA Financial Advisors, LLC (“JNBA”) was intended for general information purposes only. No portion of the presentation serves as the receipt of, or as a substitute for, personalized investment advice from JNBA or any other investment professional of your choosing. Different types of investments involve varying degrees of risk, and it should not be assumed that future performance of any specific investment or investment strategy, or any non-investment related or planning services, discussion or content, will be profitable, be suitable for your portfolio or individual situation, or prove successful. Neither JNBA's investment adviser registration status, nor any amount of prior experience or success, should be construed that a certain level of results or satisfaction will be achieved if JNBA is engaged, or continues to be engaged, to provide investment advisory services. JNBA is neither a law firm nor accounting firm, and no portion of its services should be construed as legal or accounting advice. No portion of the podcast or video podcast content should be construed by a client or prospective client as a guarantee that he/she will experience a certain level of results if JNBA is engaged, or continues to be engaged, to provide investment advisory services. A copy of JNBA's current written disclosure Brochure discussing our advisory services and fees is available upon request or at jnba.com. Please see import...

Can the current strength in the markets continue past Election Day and into 2025? This is the question that investors are asking, as the Federal Reserve Board keeps a close eye on trends. In this 15-minute podcast facilitated by JNBA Financial Advisors Director of Client Services Cärin Viertel, Investment Strategist Mark Rosenkranz and Senior Advisor and Investment Strategist Michael Bilotta consider the impact of the upcoming elections and discuss what the Fed might be looking at to direct its next move. After the Fed recently dropped interest rates for the first time in four years, everyone is watching to see if additional changes might occur yet in 2024. DISCLOSUREThe previous presentation by JNBA Financial Advisors, LLC (“JNBA”) was intended for general information purposes only. No portion of the presentation serves as the receipt of, or as a substitute for, personalized investment advice from JNBA or any other investment professional of your choosing. Different types of investments involve varying degrees of risk, and it should not be assumed that future performance of any specific investment or investment strategy, or any non-investment related or planning services, discussion or content, will be profitable, be suitable for your portfolio or individual situation, or prove successful. Neither JNBA's investment adviser registration status, nor any amount of prior experience or success, should be construed that a certain level of results or satisfaction will be achieved if JNBA is engaged, or continues to be engaged, to provide investment advisory services. JNBA is neither a law firm nor accounting firm, and no portion of its services should be construed as legal or accounting advice. No portion of the podcast or video podcast content should be construed by a client or prospective client as a guarantee that he/she will experience a certain level of results if JNBA is engaged, or continues to be engaged, to provide investment advisory services. A copy of JNBA's current written disclosure Brochure discussing our advisory services and fees is available upon request or at jnba.com. Please see import...

As we enter the second half of this calendar year and approach the 2024 presidential election, what have we seen, and where are we headed?In our 15-minute video podcast featuring JNBA Financial Advisors President Kim Brown with John Foster and Mark Rosenkranz, both Investment Strategists and members of the JNBA Investment Committee, the team provides insights into considerations that have affected markets this year including unemployment, inflation, and corporate earnings.Having observed and enjoyed continued market growth in Q2 of 2024, history points to increased market volatility as autumn and the election approach. While the Investment Committee stays focused on economic indicators like inflation, they discuss the importance of staying the course and focusing on long-term perspectives over reactive portfolio changes influenced by political views.DISCLOSUREThe previous presentation by JNBA Financial Advisors, LLC (“JNBA”) was intended for general information purposes only. No portion of the presentation serves as the receipt of, or as a substitute for, personalized investment advice from JNBA or any other investment professional of your choosing. Different types of investments involve varying degrees of risk, and it should not be assumed that future performance of any specific investment or investment strategy, or any non-investment related or planning services, discussion or content, will be profitable, be suitable for your portfolio or individual situation, or prove successful. Neither JNBA's investment adviser registration status, nor any amount of prior experience or success, should be construed that a certain level of results or satisfaction will be achieved if JNBA is engaged, or continues to be engaged, to provide investment advisory services. JNBA is neither a law firm nor accounting firm, and no portion of its services should be construed as legal or accounting advice. No portion of the podcast or video podcast content should be construed by a client or prospective client as a guarantee that he/she will experience a certain level of results if JNBA is engaged, or continues to be engaged, to provide investment advisory services. A copy of JNBA's current written disclosure Brochure discussing our advisory services and fees is available upon request or at jnba.com. Please see import...

In this episode, Morris expands on the simple yet effective “Pause-Think-Act” concept, which can help you catch potential scams before your private information is compromised. DISCLOSUREThe previous presentation by JNBA Financial Advisors, LLC (“JNBA”) was intended for general information purposes only. No portion of the presentation serves as the receipt of, or as a substitute for, personalized investment advice from JNBA or any other investment professional of your choosing. Different types of investments involve varying degrees of risk, and it should not be assumed that future performance of any specific investment or investment strategy, or any non-investment related or planning services, discussion or content, will be profitable, be suitable for your portfolio or individual situation, or prove successful. Neither JNBA's investment adviser registration status, nor any amount of prior experience or success, should be construed that a certain level of results or satisfaction will be achieved if JNBA is engaged, or continues to be engaged, to provide investment advisory services. JNBA is neither a law firm nor accounting firm, and no portion of its services should be construed as legal or accounting advice. No portion of the podcast or video podcast content should be construed by a client or prospective client as a guarantee that he/she will experience a certain level of results if JNBA is engaged, or continues to be engaged, to provide investment advisory services. A copy of JNBA's current written disclosure Brochure discussing our advisory services and fees is available upon request or at jnba.com. Please see import...

The internet is a high-speed landscape for instant information, day-to-day communication, and modern conveniences. With the click of a button, we are now absorbing world news and events from every corner of the globe. We're fielding texts and electronic mail from friends and family, as well as brands and businesses. And we're expediting everyday errands with GPS-guided directions, online shopping orders, and electronic financial transactions.With all of this online activity, it's more important than ever to protect yourself and your assets from criminals who are looking to capitalize on your data. In a new, three-part podcast from the JNBA Studio titled “Staying Safe Online,” JNBA Director of Client Services Cärin Viertel talks with Brent Morris and Brandon Nohr, two experts on cyber security from Success Computer Consulting, an IT firm and trusted business partner of JNBA Financial Advisors.In the first episode, Morris and Nohr share how these scams work, some of the more prevalent scams, and how AI technology is now used to create even more sophisticated scams. They also talk about what you can do to prevent falling victim to scams including using complex passwords, updated anti-virus software, and a three-step simple method to better protect yourself.Knowledge is your best defense when it comes to highly sophisticated, ever-changing cyber scams. Along with listening to the 18-minute podcast, watch this two-minute video, created by Success Computer Consulting about cyber scams and the simple yet effective “Pause-Think-Act” concept.At JNBA, we are committed to safeguarding client confidentiality. If you have any questions, please don't hesitate to contact your JNBA Advisory Team.DISCLOSUREThe previous presentation by JNBA Financial Advisors, LLC (“JNBA”) was intended for general information purposes only. No portion of the presentation serves as the receipt of, or as a substitute for, personalized investment advice from JNBA or any other investment professional of your choosing. Different types of investments involve varying degrees of risk, and it should not be assumed that future performance of any specific investment or investment strategy, or any non-investment related or planning services, discussion or content, will be profitable, be suitable for your portfolio or individual situation, or prove successful. Neither JNBA's investment adviser registration status, nor any amount of prior experience or success, should be construed that a certain level of results or satisfaction will be achieved if JNBA is engaged, or continues to be engaged, to provide investment advisory services. JNBA is neither a law firm nor accounting firm, and no portion of its services should be construed as legal or accounting advice. No portion of the podcast or video podcast content should be construed by a client or prospective client as a guarantee that he/she will experience a certain level of results if JNBA is engaged, or continues to be engaged, to provide investment advisory services. A copy of JNBA's current written disclosure Brochure discussing our advisory services and fees is available upon request or at jnba.com. Please see import...

 Cyber scams are becoming increasingly sophisticated, with millions of people falling victim each year. It's crucial to understand that you are not alone in this battle. There are proactive measures you can take to prevent falling victim to these scams and there are resources available to help if you do get scammed. By staying informed and vigilant, you can significantly reduce your risk of becoming a target for cybercriminals. DISCLOSUREThe previous presentation by JNBA Financial Advisors, LLC (“JNBA”) was intended for general information purposes only. No portion of the presentation serves as the receipt of, or as a substitute for, personalized investment advice from JNBA or any other investment professional of your choosing. Different types of investments involve varying degrees of risk, and it should not be assumed that future performance of any specific investment or investment strategy, or any non-investment related or planning services, discussion or content, will be profitable, be suitable for your portfolio or individual situation, or prove successful. Neither JNBA's investment adviser registration status, nor any amount of prior experience or success, should be construed that a certain level of results or satisfaction will be achieved if JNBA is engaged, or continues to be engaged, to provide investment advisory services. JNBA is neither a law firm nor accounting firm, and no portion of its services should be construed as legal or accounting advice. No portion of the podcast or video podcast content should be construed by a client or prospective client as a guarantee that he/she will experience a certain level of results if JNBA is engaged, or continues to be engaged, to provide investment advisory services. A copy of JNBA's current written disclosure Brochure discussing our advisory services and fees is available upon request or at jnba.com. Please see import...

 As we reflect on the first quarter of 2024, there are key driving forces behind market movements and how they have impacted diversified portfolios. In our 15-minute podcast facilitated by JNBA Financial Advisors President Kim Brown in which she speaks to John Foster and Mark Rosenkranz, both investment strategists and members of the JNBA Investment Committee, the team provides insights into current market dynamics and anticipated trends for the rest of the year. DISCLOSUREThe previous presentation by JNBA Financial Advisors, LLC (“JNBA”) was intended for general information purposes only. No portion of the presentation serves as the receipt of, or as a substitute for, personalized investment advice from JNBA or any other investment professional of your choosing. Different types of investments involve varying degrees of risk, and it should not be assumed that future performance of any specific investment or investment strategy, or any non-investment related or planning services, discussion or content, will be profitable, be suitable for your portfolio or individual situation, or prove successful. Neither JNBA's investment adviser registration status, nor any amount of prior experience or success, should be construed that a certain level of results or satisfaction will be achieved if JNBA is engaged, or continues to be engaged, to provide investment advisory services. JNBA is neither a law firm nor accounting firm, and no portion of its services should be construed as legal or accounting advice. No portion of the podcast or video podcast content should be construed by a client or prospective client as a guarantee that he/she will experience a certain level of results if JNBA is engaged, or continues to be engaged, to provide investment advisory services. A copy of JNBA's current written disclosure Brochure discussing our advisory services and fees is available upon request or at jnba.com. Please see import...

Members of the JNBA Investment Committee unravel the unexpected twists of 2023 and delve into a detailed video discussion about the outlook for 2024. Despite initial gloomy forecasts and concerns, the surge of the S&P 500 and positive economic indicators in 2023 are shaping the landscape for the upcoming year. The focus now pivots to the essential need for flexibility in strategies, especially in navigating the dynamic post-pandemic environment as we head into an election year.In our latest video discussion, recorded on January 9, 2024, JNBA Chairman and CEO Richard S. Brown talks with two senior members of our Investment Committee: Michael Bilotta, Senior Advisor, and Mark Rosenkranz, Investment Strategist. The 15-minute episode explores the base case for 2024, including the possibility of declining interest rates, slowing growth, and moderate gains in stocks and bonds.DISCLOSUREDue to various factors, including changing market conditions and/or applicable laws, the content may no longer be reflective of current opinions or positions. Moreover, you should not assume that any discussion or information contained in this blog serves as the receipt of, or as a substitute for, personalized investment advice from JNBA Financial Advisors, LLC. Please see important disclosures information at jnba.com/disclosure

 Despite a relatively strong year for the S&P 500, with YTD returns hovering north of 15%, we have seen challenges across more diversified portfolios in both equities and fixed income. While U.S. large cap, driven largely by a few select mega-cap companies, have led the overall performance for asset classes since October 2022 lows, investors have faced a rather muted environment in 2023. Since February of this year, most major asset classes have continued to trend sideways as U.S. large cap has moved modestly higher. DISCLOSUREDue to various factors, including changing market conditions and/or applicable laws, the content may no longer be reflective of current opinions or positions. Moreover, you should not assume that any discussion or information contained in this blog serves as the receipt of, or as a substitute for, personalized investment advice from JNBA Financial Advisors, LLC. Please see important disclosures information at jnba.com/disclosure

Over the last year, economic headlines have been bleak. From the national debt ceiling debate to fears of a potential banking crisis, we've watched interest rates go up right alongside talks of an economic downturn. But as we turn the corner into the second half of 2023, Americans have been left to wonder, “Where is the recession everyone has been talking about?”In our latest video discussion, recorded on July 12, 2023, JNBA Chairman and CEO Richard S. Brown talks with three members of our Investment Committee: Mark Rosenkranz, an Investment Strategist, and John Foster and Michael Bilotta, both Sr. Advisors and Investment Strategists.They talk about how, despite the negative sentiment, the economy has been fairly resilient and currently offers a bevy of opportunities in various asset classes. They also discuss the benefits of setting aside the noise and instead staying vigilant while devising a flexible portfolio to endure the economy's unpredictable peaks and valleys.DISCLOSUREDue to various factors, including changing market conditions and/or applicable laws, the content may no longer be reflective of current opinions or positions. Moreover, you should not assume that any discussion or information contained in this blog serves as the receipt of, or as a substitute for, personalized investment advice from JNBA Financial Advisors, LLC. Please see important disclosures information at jnba.com/disclosure

From turmoil with regional banks to bonds and treasury bills providing higher-yield competition for stocks, one way to describe how many investors are feeling right now is “comfortably uncomfortable.” Negative investor sentiment as we started 2023 set the bar relatively low, and both stocks and bonds are performing better than expected. But market volatility continues.In this 11-minute podcast, JNBA Director of Client Services Cärin Viertel talks with Senior Advisor and Investment Strategist John Foster, PPC®, and Investment Strategist Mark Rosenkranz, CFA®, about the latest economic news and what it could mean moving forward. Now that we're in the middle of the second quarter, in addition to keeping an eye on broader economic indicators, the JNBA Investment Committee is focused on two larger pillars – low unemployment and higher corporate profits – as the rest of the year unfolds.DISCLOSUREDue to various factors, including changing market conditions and/or applicable laws, the content may no longer be reflective of current opinions or positions. Moreover, you should not assume that any discussion or information contained in this blog serves as the receipt of, or as a substitute for, personalized investment advice from JNBA Financial Advisors, LLC. Please see important disclosures information at jnba.com/disclosure

Just over a month into the new year, 2023 has provided investors with some long-sought good news. After a challenging 2022, both equities and bonds are off to a solid start, Europe and China are stimulating the global market, and the Fed may be coming close to the end of its tightening cycle.   While this has created positive market headlines, we're likely to see continued volatility ahead. In this nine-minute podcast, JNBA Director of Investments David Webb and Investment Committee member and Senior Investment Strategist John Foster discuss how different economic factors could shape the markets as we move further into 2023.DISCLOSUREDue to various factors, including changing market conditions and/or applicable laws, the content may no longer be reflective of current opinions or positions. Moreover, you should not assume that any discussion or information contained in this blog serves as the receipt of, or as a substitute for, personalized investment advice from JNBA Financial Advisors, LLC. Please see important disclosures information at jnba.com/disclosure

If we could summarize 2022's market performance in one word, it would be “frustrating,” with negative returns across almost all asset classes, from equities to bonds. Inflation, relentless interest-rate hikes by the Fed, and supply chain distortions from the war in Ukraine and the pandemic all led to a perfect storm of uncertainty, volatility, and a tough slog for investors.But what did the year teach us about how the economy and markets could shape up in 2023? In our latest video discussion recorded on January 11, 2023, JNBA Chairman and CEO Richard S. Brown talks with three senior members of our Investment Committee: Michael Bilotta and John Foster, both Senior Advisors and Investment Strategists, and David Webb, JNBA's Director of Investment Management.They look at which elements of last year's challenging environment are persisting as we begin 2023, including continuing talk of a possible recession. But they also cover some of the potentially positive aspects of the new year that could be cause for optimism.DISCLOSUREDue to various factors, including changing market conditions and/or applicable laws, the content may no longer be reflective of current opinions or positions. Moreover, you should not assume that any discussion or information contained in this blog serves as the receipt of, or as a substitute for, personalized investment advice from JNBA Financial Advisors, LLC. Please see important disclosures information at jnba.com/disclosure

After an awful start to the year, the market has handled a bevy of bad news over the past few months in a much more encouraging way. Add to that several elements that could be catalysts for further improvement, including the most recent inflation report, and we're asking ourselves: Could we be seeing the makings of a year-end rally?Generally, the markets deliver the highest returns in the first few quarters after a midterm election. The latest jobs report and the November 10 inflation numbers are also steps in the right direction. And, historically, the market's seasonal performance improves the last quarter of the year.In this 10-minute podcast, JNBA Director of Investments David Webb and Investment Committee member and Senior Investment Strategist John Foster talk about whether investors could receive an end-of-year gift.DISCLOSUREDue to various factors, including changing market conditions and/or applicable laws, the content may no longer be reflective of current opinions or positions. Moreover, you should not assume that any discussion or information contained in this blog serves as the receipt of, or as a substitute for, personalized investment advice from JNBA Financial Advisors, LLC.Please see important disclosures information at www.jnba.com/disclosure

As we head into the final quarter of 2022, investors continue to navigate a challenging environment that has seen stocks down 25 percent and bonds dropping 14 percent as the Fed battles inflation and world events remain somber. By any measurement it has been – to paraphrase the title of a popular children's book – a terrible, horrible, no good, very bad year – at least thus far.In our latest podcast episode, JNBA's Investment Committee takes an in-depth, 18-minute look at the previous quarter's performance and what might be on the horizon as we head toward 2023.JNBA Director of Investments David Webb and Investment Committee members and Senior Investment Strategists John Foster and Michael Bilotta discuss everything from how companies continue to batten down the hatches to the possibility and timing of a recovery.DISCLOSUREDue to various factors, including changing market conditions and/or applicable laws, the content may no longer be reflective of current opinions or positions. Moreover, you should not assume that any discussion or information contained in this blog serves as the receipt of, or as a substitute for, personalized investment advice from JNBA Financial Advisors, LLC.Please see important disclosures information at www.jnba.com/disclosure

The economy is trying to tell us something, but its messages are mixed.GDP fell in the second quarter, the second straight decline of negative real growth, which many investors have interpreted as a strong recession signal. While the National Bureau of Economic Research considers many different economic variables and hasn't officially labeled it a recession yet, many investors are scratching their heads as the market has bounced sharply off its June lows and the economy continues to expand payrolls, creating almost three million new jobs in the first half of the year.So what could all these fluctuating economic signals mean? In this eight-minute podcast, JNBA Director of Investments David Webb and Investment Committee member and Senior Investment Strategist John Foster discuss how to make sense of these mixed messages.DISCLOSUREDue to various factors, including changing market conditions and/or applicable laws, the content may no longer be reflective of current opinions or positions. Moreover, you should not assume that any discussion or information contained in this blog serves as the receipt of, or as a substitute for, personalized investment advice from JNBA Financial Advisors, LLC.Please see important disclosures information at www.jnba.com/disclosure

By nearly any measure, the first half of the year has been extremely challenging for investors, with negative returns across all asset classes. But even as the bumpy ride continues, silver linings are emerging.In our latest video, JNBA Chairman and CEO Richard S. Brown, Director of Investment Management David Webb, and Senior Advisors and Investment Strategists Michael Bilotta and John Foster discuss what JNBA's Investment Committee is looking for now that earnings season is here. In this 14-minute conversation, the team covers everything from inflation to the threat of recession to bond returns, and potential opportunities for investors to turn lemons into lemonade.DISCLOSUREDue to various factors, including changing market conditions and/or applicable laws, the content may no longer be reflective of current opinions or positions. Moreover, you should not assume that any discussion or information contained in this blog serves as the receipt of, or as a substitute for, personalized investment advice from JNBA Financial Advisors, LLC.Please see important disclosures information at www.jnba.com/disclosure

The Fed's interest rate hike last week was the largest in nearly 30 years and resulted in a mixed bag for investors. Fears of inflation have dampened consumer sentiment, which continues to contribute to market volatility. Despite the markets entering bear market territory, the climate is also delivering higher bond yields, which could mean better opportunities for investors, and sets the table for potentially better performance moving forward.In our new podcast episode, Director of Investment Management David Webb and Senior Advisor and Investment Strategist John Foster discuss what the rate hike – as well as earnings season and the mid-term election cycle – could mean for investors for the second half of the year.DISCLOSUREDue to various factors, including changing market conditions and/or applicable laws, the content may no longer be reflective of current opinions or positions. Moreover, you should not assume that any discussion or information contained in this blog serves as the receipt of, or as a substitute for, personalized investment advice from JNBA Financial Advisors, LLC.Please see important disclosures information at www.jnba.com/disclosure

 One thing's for sure when it comes to the markets: We're not in Kansas anymore. You're probably not surprised to hear that stocks are having the worst start to a new year since 1939. For perspective, that's the year “The Wizard of Oz” hit movie screens for the first time, and right now you may be feeling a little like Dorothy did when her house crash-landed on the Yellow Brick Road. But while April was the worst month for global stocks since the pandemic started in March 2020, what could the volatile start of the year mean for the rest of 2022? In our latest podcast, Director of Investment Management David Webb and Senior Advisors and Investment Strategists Michael Bilotta and John Foster take a look at how rising inflation, interest rate hikes, and a transition to a post-COVID economy could impact stocks and bonds over the long haul and what the JNBA Investment Committee is watching closely.DISCLOSUREDue to various factors, including changing market conditions and/or applicable laws, the content may no longer be reflective of current opinions or positions. Moreover, you should not assume that any discussion or information contained in this blog serves as the receipt of, or as a substitute for, personalized investment advice from JNBA Financial Advisors, LLC.Please see important disclosures information at www.jnba.com/disclosure

In the first quarter of 2022, the markets were fairly volatile with rising inflation as well as the first land war in Europe since World War II. Bonds, in particular, experienced their worst quarter in 40 years, although the stable nature of bonds still don't compare to the volatility of stocks. As these historical events unfold, JNBA President Kim Brown recently sat down with two senior members of JNBA's Investment Committee -- David Webb, Director of Investment Management, and John Foster, a Senior Advisor and Investment Strategist -- for a conversation on how investors can interpret these events and  JNBA's approach to managing portfolios in unprecedented times like this.DISCLOSUREDue to various factors, including changing market conditions and/or applicable laws, the content may no longer be reflective of current opinions or positions. Moreover, you should not assume that any discussion or information contained in this blog serves as the receipt of, or as a substitute for, personalized investment advice from JNBA Financial Advisors, LLC.Please see important disclosures information at www.jnba.com/disclosure

The invasion of Ukraine, rising inflation, and anticipated interest rate increases continue to spark considerable market volatility – but what does a historical perspective tell us about what could happen next? JNBA President Kim Brown and Senior Advisor and Investment Strategist John Foster discuss how global events are impacting the markets right now, and what our JNBA Investment Committee anticipates could happen in the second half of the year.DISCLOSUREDue to various factors, including changing market conditions and/or applicable laws, the content may no longer be reflective of current opinions or positions. Moreover, you should not assume that any discussion or information contained in this blog serves as the receipt of, or as a substitute for, personalized investment advice from JNBA Financial Advisors, LLC.Please see important disclosures information at www.jnba.com/disclosure

2021 was a unique year, to say the least. While we collectively experienced a change in leadership, the pandemic pressed on, and millions left the workforce, investors faced everything from double-digit S&P gains to rampant inflation and record-low interest rates.What might 2022 bring? In our latest video discussion, JNBA Chairman and CEO Richard S. Brown talks with three senior members of our Investment Committee – David Webb, JNBA's Director of Investment Management, and Michael Bilotta and John Foster, both Senior Advisors and Investment Strategists. They take a look back at 2021 and what our team is keeping an eye on, including what our portfolio positioning may look like for the year ahead.DISCLOSUREDue to various factors, including changing market conditions and/or applicable laws, the content may no longer be reflective of current opinions or positions. Moreover, you should not assume that any discussion or information contained in this blog serves as the receipt of, or as a substitute for, personalized investment advice from JNBA Financial Advisors, LLC.Please see important disclosures information at www.jnba.com/disclosure

There was plenty of market turmoil in September, followed by a more positive October. What could that mean for the future?With earnings season wrapping up, David Webb, Director of Investment Management and a leader of our Investment Committee, and Senior Advisor and Investment Strategist John Foster take a look at recent market activity and what our JNBA Investment Committee is keeping an eye on for the rest of the year and into 2022.DISCLOSUREDue to various factors, including changing market conditions and/or applicable laws, the content may no longer be reflective of current opinions or positions. Moreover, you should not assume that any discussion or information contained in this blog serves as the receipt of, or as a substitute for, personalized investment advice from JNBA Financial Advisors, LLC.Please see important disclosures information at www.jnba.com/disclosure

Whether you work for a public company, a large private company, or a startup, as you advance in your career you may be eligible for several benefits meant to reward key employees. These benefit packages are designed to promote retention and to allow employees to share in a company's success. While executive compensation packages can be lucrative, they come with complex tax rules and financial planning considerations that need to be evaluated at least annually. DISCLOSUREDue to various factors, including changing market conditions and/or applicable laws, the content may no longer be reflective of current opinions or positions. Moreover, you should not assume that any discussion or information contained in this blog serves as the receipt of, or as a substitute for, personalized investment advice from JNBA Financial Advisors, LLC.Please see important disclosures information at www.jnba.com/disclosure

The third quarter of 2021 was one for the record books with historically low interest rates, the first real resurgence of volatility since last fall, and now, after six months of relative calm, bond yields appearing to rise again.In our latest podcast, David Webb, Director of Investment Management and a leader of our Investment Committee, and Senior Advisor and Investment Strategist John Foster take a look at the third quarter's notable activity and what our JNBA team is keeping an eye on.DISCLOSUREDue to various factors, including changing market conditions and/or applicable laws, the content may no longer be reflective of current opinions or positions. Moreover, you should not assume that any discussion or information contained in this blog serves as the receipt of, or as a substitute for, personalized investment advice from JNBA Financial Advisors, LLC.Please see important disclosures information at www.jnba.com/disclosure

While fall means cooler weather, back-to-school, and raking leaves, historically it also kicks off a more difficult period for investors.In our latest podcast, David Webb, Director of Investment Management and a leader of our Investment Committee, talks about the markets with Senior Advisor and Investment Strategist Michael Bilotta. They discuss what has been driving the markets in the third quarter of the year and what the JNBA Investment Committee is keeping its eye on now that we're headed into autumn.DISCLOSUREDue to various factors, including changing market conditions and/or applicable laws, the content may no longer be reflective of current opinions or positions. Moreover, you should not assume that any discussion or information contained in this blog serves as the receipt of, or as a substitute for, personalized investment advice from JNBA Financial Advisors, LLC.Please see important disclosures information at www.jnba.com/disclosure

As we round the corner into the last half of 2021, we're taking a look back at how the markets and global economy fared in the first and second quarters and what that could mean for the rest of the year.In our latest video discussion, JNBA Chairman and CEO Richard S. Brown talks with three senior members of our Investment Committee — Michael Bilotta and John Foster, both Senior Advisors and Investment Strategists, along with David Webb, JNBA's Director of Investment Management. They look at some key events that impacted the way we positioned portfolios in the first half of the year and the data points and trends JNBA is watching closely for the rest of 2021 and beyond.DISCLOSUREDue to various factors, including changing market conditions and/or applicable laws, the content may no longer be reflective of current opinions or positions. Moreover, you should not assume that any discussion or information contained in this blog serves as the receipt of, or as a substitute for, personalized investment advice from JNBA Financial Advisors, LLC.Please see important disclosures information at www.jnba.com/disclosure

The Bureau of Labor Statistics announced on June 10 that the rate of inflation over the past year rose 5%, the highest jump since 2008, due in large part to the reopening of the economy.  In our latest podcast, recorded the morning the numbers were released, JNBA Chairman and CEO Richard S. Brown talks with David Webb, Director of Investment Management and a leader of our Investment Committee. They discuss our team's perspective on the latest economic news, how transitory the elevated level of inflation may be, and what rising prices could mean for consumers and investors.DISCLOSUREDue to various factors, including changing market conditions and/or applicable laws, the content may no longer be reflective of current opinions or positions. Moreover, you should not assume that any discussion or information contained in this blog serves as the receipt of, or as a substitute for, personalized investment advice from JNBA Financial Advisors, LLC.Please see important disclosure information at www.jnba.com/disclosure

As the new administration hits the 100-day mark, lawmakers are considering multiple changes to the tax code for corporations, individuals, and families that could potentially impact everything from income tax brackets to capital gains tax rates. In our latest podcast, JNBA President Kim Brown talks with Christopher Mastley, an advisor and member of JNBA's Financial Planning Committee; and John Foster, a senior advisor and an investment strategist on JNBA's Investment Committee. They discuss the evolving tax conversation, including what possible changes could mean for families and investors.DISCLOSUREDue to various factors, including changing market conditions and/or applicable laws, the content may no longer be reflective of current opinions or positions. Moreover, you should not assume that any discussion or information contained in this blog serves as the receipt of, or as a substitute for, personalized investment advice from JNBA Financial Advisors, LLC.Please see important disclosure information at www.jnba.com/disclosure

When it comes to the markets, what a difference a year makes. Thankfully, the first quarter of 2021 looked quite different from much of 2020, when the pandemic threw curveball after curveball at investors.In our latest discussion, JNBA Chairman and CEO Richard Brown sits down with three senior members of the firm's Investment Committee — Director of Investment Management David Webb, and Michael Bilotta and John Foster, both Senior Advisors and Investment Strategists. They take a look at some of the key events of the first quarter and what those could mean for the rest of the year.DISCLOSUREDue to various factors, including changing market conditions and/or applicable laws, the content may no longer be reflective of current opinions or positions. Moreover, you should not assume that any discussion or information contained in this blog serves as the receipt of, or as a substitute for, personalized investment advice from JNBA Financial Advisors, LLC.Please see important disclosure information at www.jnba.com/disclosure

A new emergency relief package – the American Rescue Plan Act of 2021 – was signed into law on March 11, outlining payments to individuals and funding for federal programs.The law covers an enormous amount of ground, so to help break it down, JNBA has devoted its latest podcast to some of the key provisions of the Act that directly impact individuals, families, and businesses. One particularly important change is the deadline to file individual 2020 tax returns and pay any tax owed has been extended to May 17, 2021 for both federal and Minnesota tax returns without any penalty or interest being applied.In this 11-minute discussion, JNBA President Kim Brown is joined by Elise Huston, Advisory Services Manager and leader of JNBA's Financial Planning Committee, and David Webb, Director of Investment Management and leader of our Investment Committee.DISCLOSUREDue to various factors, including changing market conditions and/or applicable laws, the content may no longer be reflective of current opinions or positions. Moreover, you should not assume that any discussion or information contained in this blog serves as the receipt of, or as a substitute for, personalized investment advice from JNBA Financial Advisors, LLC.Please see important disclosure information at www.jnba.com/disclosure

While interest rates remain low, the prospect of higher rates brings with it both challenges and opportunities, and raises several questions. Is there still time to consider refinancing your mortgage? Does it make sense to move some cash from savings to a potentially higher-yield opportunity? What could higher inflation mean for investments?In our latest podcast, JNBA President Kim Brown, Advisory Services Manager Elise Huston, and Director of Investment Management David Webb discuss those questions and other ways rising rates could impact investment portfolios and financial planning strategies, as well as what JNBA is keeping an eye on.  DISCLOSUREDue to various factors, including changing market conditions and/or applicable laws, the content may no longer be reflective of current opinions or positions. Moreover, you should not assume that any discussion or information contained in this blog serves as the receipt of, or as a substitute for, personalized investment advice from JNBA Financial Advisors, LLC.Please see important disclosure information at www.jnba.com/disclosure

The new year is less than two weeks old, and it's already brought with it major and unprecedented news – from the Georgia run-off election to the unrest in Washington, D.C. and the ongoing global pandemic.In our first podcast of 2021, recorded on January 11, JNBA Chairman and CEO Richard S. Brown and Director of Investment Management David Webb look at how the markets are reacting to these events and how JNBA's Investment Committee is responding to challenges and opportunities for investors.DISCLOSUREDue to various factors, including changing market conditions and/or applicable laws, the content may no longer be reflective of current opinions or positions. Moreover, you should not assume that any discussion or information contained in this blog serves as the receipt of, or as a substitute for, personalized investment advice from JNBA Financial Advisors, LLC.Please see important disclosure information at www.jnba.com/disclosure

From the pandemic to a summer of civil unrest to the contentious election, we're all keenly aware that 2020 has been a constant barrage of uncertainty and volatility.  In our final podcast of the year, JNBA Chairman and CEO Richard Brown and Director of Investment Management David Webb take a look back at how those events influenced portfolios and a look ahead at what 2021 may bring. In this 12-minute discussion, we talk about how JNBA has navigated the constantly changing environment – including the largest, quickest market drop and rebound in history – and what are we watching for as we enter the new year. DISCLOSUREDue to various factors, including changing market conditions and/or applicable laws, the content may no longer be reflective of current opinions or positions. Moreover, you should not assume that any discussion or information contained in this blog serves as the receipt of, or as a substitute for, personalized investment advice from JNBA Financial Advisors, LLC.Please see important disclosure information at www.jnba.com/disclosure

As we move closer and closer to the November 3 elections, JNBA's Investment Committee continues to monitor the economic news and market behavior closely.JNBA President Kim Brown and Director of Investment Management David Webb discuss the most notable activity over the past quarter in a new podcast episode recorded on October 7. In the eight-minute discussion, they cover the key factors that have significantly impacted the markets in Q3 and which practices have traditionally served investors well during times of uncertainty.DISCLOSUREDue to various factors, including changing market conditions and/or applicable laws, the content may no longer be reflective of current opinions or positions. Moreover, you should not assume that any discussion or information contained in this blog serves as the receipt of, or as a substitute for, personalized investment advice from JNBA Financial Advisors, LLC.Please see important disclosure information at www.jnba.com/disclosure

While presidential elections often create dynamic markets, this year investors are navigating particularly choppy waters as the pandemic adds an unprecedented level of volatility. When you add COVID-19 and the election together, what could that uncertainty mean for portfolios for the rest of the year?JNBA Chairman and CEO Richard S. Brown and Senior Advisor - Investment Strategist John Foster recorded a five-minute podcast on September 17, in which they explored the market behaviors we're experiencing as we inch closer to the elections and what investors should keep an eye on as we move through the fall.DISCLOSUREDue to various factors, including changing market conditions and/or applicable laws, the content may no longer be reflective of current opinions or positions. Moreover, you should not assume that any discussion or information contained in this blog serves as the receipt of, or as a substitute for, personalized investment advice from JNBA Financial Advisors, LLC.Please see important disclosure information at www.jnba.com/disclosure

While every presidential election sparks considerable discussion about what the upcoming tax and economic climate may look like, this year includes an additional level of uncertainty around the COVID-19 pandemic.In our latest podcast episode, JNBA President Kim Brown talks with Elise Huston, Advisor - Advisory Services Manager and leader of JNBA's Financial Planning Committee, and David Webb, Director of Investment Management and a leader of the firm's Investment Committee, about everything from historical data and consumer confidence to trade policy and the coronavirus.Although no one has a crystal ball, JNBA is actively looking at what could happen, as well as ways to maximize your resources, no matter who wins the election.DISCLOSUREJNBA is not an accountant and no portion of the above should be construed as accounting advice. All accounting issues should be addressed with an accounting professional of your choosing.Due to various factors, including changing market conditions and/or applicable laws, the content may no longer be reflective of current opinions or positions. Moreover, you should not assume that any discussion or information contained in this blog serves as the receipt of, or as a substitute for, personalized investment advice from JNBA Financial Advisors, LLC.Please see important disclosure information at www.jnba.com/disclosure

While the coronavirus pandemic roller-coaster continues, the markets have seen a significant rebound – in fact, the past 90 days (through the end of June) earned the title “the best quarter since 1998.”What were the events that led to this historic upswing? JNBA Director of Investment Management David Webb and Senior Advisor - Investment Strategist Michael Bilotta recorded a 13-minute podcast on July 9 where they take a look at the second quarter of 2020, how we got here, and what the JNBA Investment Committee is keeping an eye on as we move forward.DISCLOSUREDue to various factors, including changing market conditions and/or applicable laws, the content may no longer be reflective of current opinions or positions. Moreover, you should not assume that any discussion or information contained in this blog serves as the receipt of, or as a substitute for, personalized investment advice from JNBA Financial Advisors, LLC.Please see important disclosure information at www.jnba.com/disclosure

COVID-19 has created a lot of change for many individuals and families. For some, this has meant a change to employment, the role within the company or possibly a change to their compensation package. Executives may be faced with the decision of taking a severance package, an early retirement package or a reduction in pay.On June 24, JNBA President Kim Brown; Elise Huston, Advisor - Advisory Services Manager and leader of JNBA's Financial Planning Committee; and Patrick Moyneur, Senior Advisor – Director of Advisory Services, recorded a seven-minute podcast about executive job transitions. Click here to read more in our blog on this topic. DISCLOSUREJNBA is not an accountant and no portion of the above should be construed as accounting advice. All accounting issues should be addressed with an accounting professional of your choosing.Due to various factors, including changing market conditions and/or applicable laws, the content may no longer be reflective of current opinions or positions. Moreover, you should not assume that any discussion or information contained in this blog serves as the receipt of, or as a substitute for, personalized investment advice from JNBA Financial Advisors, LLC.Please see important disclosures information at www.jnba.com/disclosure

During this unprecedented time, many nonprofits are struggling to do more with less. JNBA Financial Advisors is working to help our clients make the most of their charitable giving as they look for additional ways to support the organizations they care about.JNBA Director of Client Services Cärin Viertel and Advisor Chris Mastley, recorded an eight-minute podcast on May 21 where they discussed a number of ways to maximize charitable tax benefits, including setting up a Donor Advised Fund, “bunching” contributions, and gifting appreciated stock. In addition, JNBA's Financial Planning Committee dug more deeply into this important topic in a recent blog post, which features additional details.DISCLOSUREJNBA is not an accountant and no portion of the above should be construed as accounting advice. All accounting issues should be addressed with an accounting professional of your choosing.Due to various factors, including changing market conditions and/or applicable laws, the content may no longer be reflective of current opinions or positions. Moreover, you should not assume that any discussion or information contained in this blog serves as the receipt of, or as a substitute for, personalized investment advice from JNBA Financial Advisors, LLC.Please see important disclosure information at www.jnba.com/disclosure

While the pandemic continues to spark uncertainty in the financial markets and across many aspects of our lives, there is one thing we can control: our response to the crisis.JNBA Financial Advisors is relying on its disciplined process and tools – including asset allocation, rebalancing and tax loss harvesting – as we put our advice driven by advocacy® approach to work to navigate the coronavirus pandemic on behalf of our clients.JNBA Chairman and CEO Richard S. Brown and Senior Advisor - Investment Strategist John Foster recorded a six-minute podcast on May 7 covering JNBA's approach to asset management and what that means for our clients' portfolios.DISCLOSUREJNBA is not an accountant and no portion of the above should be construed as accounting advice. All accounting issues should be addressed with an accounting professional of your choosing.Due to various factors, including changing market conditions and/or applicable laws, the content may no longer be reflective of current opinions or positions. Moreover, you should not assume that any discussion or information contained in this blog serves as the receipt of, or as a substitute for, personalized investment advice from JNBA Financial Advisors, LLC.Please see important disclosure information at www.jnba.com/disclosure

It's no secret that the daily impact of COVID-19 continues to move the markets drastically and rapidly.As our clients review their first-quarter portfolio statements for the year, we are reminded again of the direct blow to the economy and investments these past several weeks. Yet, a lot of market movement has continued even since the end of the quarter on March 31 – a little over two weeks ago.JNBA Chairman and CEO Richard S. Brown and Director of Investment Management David Webb sat down on April 16 to record a nine-minute podcast on what could lie ahead in the markets, and more about the market bottoming process.DISCLOSUREJNBA is not an accountant and no portion of the above should be construed as accounting advice. All accounting issues should be addressed with an accounting professional of your choosing.Due to various factors, including changing market conditions and/or applicable laws, the content may no longer be reflective of current opinions or positions. Moreover, you should not assume that any discussion or information contained in this blog serves as the receipt of, or as a substitute for, personalized investment advice from JNBA Financial Advisors, LLC.Please see important disclosure information at www.jnba.com/disclosure

In response to the CARES Act, created to provide relief for individuals and businesses that have been negatively impacted by the coronavirus outbreak, JNBA recorded a series of four podcasts (each around five minutes long) to discuss specific aspects of the law.JNBA President Kim Brown — along with some colleagues on the firm's Financial Planning Committee: Client Services Manager Stacy Friedges, Advisor Luke Traxler, Advisor - Advisory Services Manager Elise Huston, and Advisor Nick Scheibel — recorded the podcasts on April 7, 2020. The team shares our current understanding of some of the key provisions of the new bill, also known as the Coronavirus Aid, Relief, and Economic Security Act, which was signed into law at the end of March.Please keep in mind that the interpretation and guidance of the new law may very well have evolved by the time you listen to these.DISCLOSUREJNBA is not an accountant and no portion of the above should be construed as accounting advice. All accounting issues should be addressed with an accounting professional of your choosing.Due to various factors, including changing market conditions and/or applicable laws, the content may no longer be reflective of current opinions or positions. Moreover, you should not assume that any discussion or information contained in this blog serves as the receipt of, or as a substitute for, personalized investment advice from JNBA Financial Advisors, LLC.Please see important disclosure information at www.jnba.com/disclosure

In response to the CARES Act, created to provide relief for individuals and businesses that have been negatively impacted by the coronavirus outbreak, JNBA recorded a series of four podcasts (each around five minutes long) to discuss specific aspects of the law.JNBA President Kim Brown — along with some colleagues on the firm's Financial Planning Committee: Client Services Manager Stacy Friedges, Advisor Luke Traxler, Advisor - Advisory Services Manager Elise Huston, and Advisor Nick Scheibel — recorded the podcasts on April 7, 2020. The team shares our current understanding of some of the key provisions of the new bill, also known as the Coronavirus Aid, Relief, and Economic Security Act, which was signed into law at the end of March.Please keep in mind that the interpretation and guidance of the new law may very well have evolved by the time you listen to these.DISCLOSUREJNBA is not an accountant and no portion of the above should be construed as accounting advice. All accounting issues should be addressed with an accounting professional of your choosing.Due to various factors, including changing market conditions and/or applicable laws, the content may no longer be reflective of current opinions or positions. Moreover, you should not assume that any discussion or information contained in this blog serves as the receipt of, or as a substitute for, personalized investment advice from JNBA Financial Advisors, LLC.Please see important disclosure information at www.jnba.com/disclosure

In response to the CARES Act, created to provide relief for individuals and businesses that have been negatively impacted by the coronavirus outbreak, JNBA recorded a series of four podcasts (each around five minutes long) to discuss specific aspects of the law.JNBA President Kim Brown — along with some colleagues on the firm's Financial Planning Committee: Client Services Manager Stacy Friedges, Advisor Luke Traxler, Advisor - Advisory Services Manager Elise Huston, and Advisor Nick Scheibel — recorded the podcasts on April 7, 2020. The team shares our current understanding of some of the key provisions of the new bill, also known as the Coronavirus Aid, Relief, and Economic Security Act, which was signed into law at the end of March.Please keep in mind that the interpretation and guidance of the new law may very well have evolved by the time you listen to these.DISCLOSUREJNBA is not an accountant and no portion of the above should be construed as accounting advice. All accounting issues should be addressed with an accounting professional of your choosing.Due to various factors, including changing market conditions and/or applicable laws, the content may no longer be reflective of current opinions or positions. Moreover, you should not assume that any discussion or information contained in this blog serves as the receipt of, or as a substitute for, personalized investment advice from JNBA Financial Advisors, LLC.Please see important disclosure information at www.jnba.com/disclosure

In response to the CARES Act, created to provide relief for individuals and businesses that have been negatively impacted by the coronavirus outbreak, JNBA recorded a series of four podcasts (each around five minutes long) to discuss specific aspects of the law.JNBA President Kim Brown — along with some colleagues on the firm's Financial Planning Committee: Client Services Manager Stacy Friedges, Advisor Luke Traxler, Advisor - Advisory Services Manager Elise Huston, and Advisor Nick Scheibel — recorded the podcasts on April 7, 2020. The team shares our current understanding of some of the key provisions of the new bill, also known as the Coronavirus Aid, Relief, and Economic Security Act, which was signed into law at the end of March.Please keep in mind that the interpretation and guidance of the new law may very well have evolved by the time you listen to these.DISCLOSUREJNBA is not an accountant and no portion of the above should be construed as accounting advice. All accounting issues should be addressed with an accounting professional of your choosing.Due to various factors, including changing market conditions and/or applicable laws, the content may no longer be reflective of current opinions or positions. Moreover, you should not assume that any discussion or information contained in this blog serves as the receipt of, or as a substitute for, personalized investment advice from JNBA Financial Advisors, LLC.Please see important disclosure information at www.jnba.com/disclosure

In the latest episode of JNBA's podcast, Chairman and CEO Richard S. Brown sat down on March 26 with colleagues on JNBA's Investment Committee to talk about where we are with the markets' response to the COVID-19 pandemic and what could be next.Richard, along with Director of Investment Management David Webb, and Senior Advisor  Investment Strategist John Foster, discussed the framework the Investment Committee is referencing as an indicator of what investors might expect as the pandemic continues to play out.Topics include the federal government's fiscal and monetary policy response as well as a look at JNBA's approach to client portfolios, including frequent review, rebalancing, and tax loss harvesting.DISCLOSUREDue to various factors, including changing market conditions and/or applicable laws, the content may no longer be reflective of current opinions or positions. Moreover, you should not assume that any discussion or information contained in this blog serves as the receipt of, or as a substitute for, personalized investment advice from JNBA Financial Advisors, LLC.Please see important disclosure information at www.jnba.com/disclosure

To help shed additional light on how this unprecedented COVID-19 pandemic is impacting the markets, JNBA Chairman and CEO Richard S. Brown sat down – virtually, from remote locations – on March 17 with colleagues to record the latest episode of our podcast.Richard was joined by three team members who help lead JNBA's Investment Committee – Director of Investment Management David Webb, Senior Advisor - Investment Strategist Mike Bilotta, and Senior Advisor - Investment Strategist John Foster – for a 15-minute discussion. Topics include how this situation compares to what we experienced in 2008/2009, whether we're likely heading for a recession and what that could mean, and how JNBA is managing client portfolios now and might look to do so in the future. DISCLOSUREDue to various factors, including changing market conditions and/or applicable laws, the content may no longer be reflective of current opinions or positions. Moreover, you should not assume that any discussion or information contained in this blog serves as the receipt of, or as a substitute for, personalized investment advice from JNBA Financial Advisors, LLC.Please see important disclosure information at www.jnba.com/disclosure