NNP IN THE NEWS: Gary Davis Named a Wells Fargo Advisors Financial Network Premier Advisor

Congratulations to Gary Davis for being named a Premier Financial Advisor by the Wells Fargo Advisors Financial Network. Davis entered the wealth management industry in 1995. He is a Chartered Retirement Plans SpecialistSM (CRPS®) and an Accredited Investment Fiduciary® (AIF®) designee. He also serves on the City of Greenville’s Green Ribbon Advisory Committee.

Davis’s recognition was covered in the Upstate Business Journal and UpstateBizSC.

The Premier Advisors designation is held by a select group of Financial Advisors within Wells Fargo Advisors Financial Network and reflects a high level of standards as measured by one or more of the firm’s criteria for revenue generation, educational attainment and client-service best practices.

NNP IN THE NEWS: Dow Drops Amid Global Concerns

Aug 25 2015 Dox drops TGN

On August 24, the DOW plummeted more than 1,000 points and ended the day down 588 points. This was a concern for investors all across the country, including the Upstate.

Nachman Norwood & Parrott (NNP) managing partner, Bob Nachman, was quoted in a Greenville News front page article giving advice to investors on how to handle the situation, saying key points to remember include:

  • Since March 2009, markets had almost tripled in value. At the same time, it’s been four years since there was a “correction” — a decline of greater than 10 percent.
  • Market pullbacks “are a necessary evil,” especially when prices have remained high.
  • There is plenty to be concerned about with China and the price of commodities.
  • Investors should stay focused on the long term.

“Speculators and those who are invested in the equity markets without staying power should be concerned,” he said. Other local financial advisors echoed the sentiment that investors should keep an eye on long-term goals.

Click here to read the full article on The Greenville News site.