Market Commentary: Q4 2024

With the New Year upon us, it’s an ideal time to reflect on the milestones of the past year and consider what lies ahead. Throughout 2024, we experienced a blend of unexpected developments and steady progress in the financial landscape. In this update, we’ll provide a concise overview of the key events that defined the…

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Petersen Hastings Wealth Advisors Acquires Orren Financial Services Inc.

Petersen Hastings Wealth Advisors, a leading independently Registered Investment Advisory (RIA) firm headquartered in Kennewick, WA, announced the acquiring of Orren Financial Services Inc., a Registered Investment Advisor providing financial planning and investment management services. Orren Financial was founded by Dennis Orren in 1999 and manages approximately $32 million for individuals and families in the…

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Market Commentary: Q3 2024

Image of friends happily eating dinner together.

U.S. stocks extended their strong performance from the first half of the year, with many market indices reaching or nearing record highs as the third quarter drew to a close. This marks the fourth consecutive quarter of positive returns for stocks, with 12 respective all-time highs during the quarter. Year-to-date, the S&P 500 is up…

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Petersen Hastings Wealth Advisors Welcomes Tanner Henson as Portfolio Analyst

Press release announcement for Tanner Henson

Petersen Hastings Wealth Advisors is excited to announce the addition of Tanner Henson as a Portfolio Analyst for the firm. As a Portfolio Analyst, Tanner will work with the Petersen Hastings team to perform a wide range of investment related services for new and existing clients. Tanner’s duties will primarily include executing security transactions, reviewing and…

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401(k) Plan Design for Today’s Businesses

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In today’s dynamic business landscape, where retaining top talent and promoting employee satisfaction are critical, a well-designed 401(k) plan can serve as a strategic advantage. It’s more than just meeting regulatory requirements; it’s about guiding your employees towards financial security, which in turn fosters loyalty and strengthens workplace culture. Employers aiming to create a plan…

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Navigating Market Volatility with Confidence and Stability

At Petersen Hastings Wealth Advisors, our commitment to your financial well-being is our utmost priority. Lately, we have been getting questions pertaining to the market and its recent fluctuations.  We want to reassure you that we are monitoring your portfolio during these uncertain times and will make any changes that are necessary to ensure you…

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Petersen Hastings Wealth Advisors Welcomes Sean O’Keefe as Retirement Plans Advisor

Press release announcement for Sean O'Keefe

Petersen Hastings Wealth Advisors is excited to announce the addition of Sean O’Keefe as a Retirement Plans Advisor, expanding our firm’s physical footprint into the Spokane, WA and Sandpoint and Coeur d’Alene, ID markets. As a Retirement Plans Advisor, Sean will work with businesses and their employees to help them achieve their financial goals, while also…

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Market Commentary: Q2 2024

Family time spent outdoors together

The U.S. financial markets experienced strong performance and resilience in the first half of the year. Major stock indices, such as the S&P 500 and Nasdaq Composite, hit record highs during this time period. Much of the rally is attributed to the robust performance of a select group of mega-cap stocks, particularly those benefiting from…

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Market Commentary: Q1 2024

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Strong performance spread throughout the financial markets in the first quarter of the year driven by resilient economic growth, optimism around artificial intelligence (AI), and expectations for future interest rate cuts by the Federal Reserve. With the first quarter closed and NCAA March Madness brackets inevitably “busted,” let’s take a closer look at how the economy…

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