David frequently shares his insights on CNBC, Bloomberg, Fox Business and other national outlets. David recognized a need to change his business model once more in late 2013. That’s when the Federal Reserve first announced the impending end of its unprecedented quantitative easing efforts after six years. Anticipating one of the outcomes would be the eventual end of a 33-year trend of overall declining interest rates, David knew the time was right to launch Sound Income Strategies, a Registered Investment Advisory firm specializing in the active management of individual fixed-income securities.
“For more than three decades, declining interest rates provided a following current for fixed-income securities, largely because of the general rule that when interest rates go down, bond values go up,” David said. “This allowed many financial advisors to become complacent, using bond mutual funds or simply floating with the current, avoiding active management. However, with this interest rate current slowing and eventually shifting, only those advisors who are willing and able to ‘row’ will be in the best position to serve their clients. By ‘rowing’, I mean actively managing individual fixed-income securities to take advantage of every opportunity to upgrade for higher yields and capital gains opportunities, as well as using similar tactical maneuvers with stock-based investments. In the years ahead, I believe actively managed individual fixed-income securities will be the only financial tool equipped to not only keep a client’s portfolio moving forward against the shifting current of interest rates, but prevent it from moving backwards.”
Sound Income Strategies is made up of a team of experienced investment management specialists, trained and led by David Scranton, who proactively manage client accounts for stability and more consistent returns. Sound Income Strategies serves clients nationwide.