Thinking Out Loud

Destiny Family Office Founder and CEO Thomas H. Ruggie, ChFC®, CFP® was recently chosen to be interviewed by HFM Global for an article on what COVID-19 disruptions mean for investors’ operations and investments, and what strategies they’re eyeing.

HFM Week’s Sasha Federenko wrote the analysis piece for the publication which provides industry news and insights to the global hedge fund community. The publication features information on fund launches, research, investor updates, and informed industry analysis. 

The article pursued insights into what strategies investors are eyeing, what they’re looking to allocate now and what they’re holding off on. 

“COVID-19 has fast-tracked what I thought the future of investment will look like. The pandemic has accelerated the arrival of the future investment landscape, creating new winners and losers,” said Ruggie, who in 2021 was named to Barron’s Top 1200 Advisors for the ninth time and to the 2021 Forbes Best-In-State Wealth Advisors’ list which spotlights the top-performing advisors across the country.

“We’re eyeing long/short equity hedge funds to complement some of our clients’ portfolios with diversifiers. I don’t want to use only a small handful of managers. I’m looking for a proven track record as a stock picker to perform in good and bad markets. We’ve entered an era when stock pickers are going to outperform indexes,” Said Ruggie. “We have started significantly changing our view of what investments need to look like going forward.“ 

As one of the flagship company of independent RIA Destiny Wealth Partners, Destiny Family Office offers a broad range of services and products to help clients pursue their financial goals. In 2016, Ruggie started Destiny Family Office, building on the nearly 30-year success of Ruggie Wealth Management, to provide sophisticated financial and related concierge services to highly successful individuals and multi-generational high-net-worth clients. 

Destiny Wealth Partners has mapped out a growth strategy to align with a like-minded group of leading financial innovators who share a deep industry knowledge, vast network of specialized services, demonstrated investment strategies and abiding passion for serving clients. In January 2021, KCG Investment Advisory Services, LLC, in Savannah, GA joined the Destiny Wealth Partners brand family.

For more information, visit RuggieWealth.com or call 352-343-2700.

Listing in any publication is not a guarantee of future investment success. These recognitions should not be construed as an endorsement of the advisor by any client. Barron’s rankings are based on factors including assets under management, revenue produced for the firm, regulatory record, quality of practice and philanthropic work. Forbes rankings are based on quality of practice, telephone and in-person interviews, client retention, industry experience, review of compliance records, firm nominations and quantitative criteria.

Investment advisory services offered through Destiny Wealth Partners, LLC, an SEC Registered Investment Advisor.

Tom Ruggie, ChFC®, CFP®, uses his own considerable sports memorabilia collection and situation as the basis for his recently published Forbes.com article. He notes, “With more than 200 million collectors of varying types worldwide, it’s not surprising many of my high-net-worth and ultra-high-net-worth clients are acquiring all kinds of collectibles such as artwork, fine wine and spirits, jewelry, coins, vintage and classic cars, and arms and armaments as investments.”

He goes on to discuss how his own penchant for collecting has informed the way he interacts with, and coaches, like-minded clients, and focuses on the importance of having a well-thought-out plan that can provide crucial guidance to your family or heirs if collecting intersects with your worst day ever. Read Deconstructing A Collection: Preparing Your Family To Handle Your Investment Down The Road on Forbes.com.

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