CFM Blog

SBL Hires New President & CEO

Sargent Bickham Lagudis, LLC, one of Colorado’s largest independent wealth management firms, has hired Richard Lawrence as President and CEO. His main roles and responsibilities include day to day management of the firm, as well as business development, oversight of merger and acquisition activity, and long-term strategic planning and implementation.READ MORE

Debt Default and its Consequences

The U.S. Congress is an embarrassment. The latest fiasco is only one of a long line of stupid actions on their part. We have learned to expect the worst, and then it’s even worse than expected. There has never been a Congress in the history of the United States that is so universally loathed.READ MORE

Portfolio Turnover

What is turnover and how is it calculated, and does it matter? And a related question, why does Sargent Bickham Lagudis sometimes sell a stock after only a short term, while other times holding a stock for years? When Warren Buffet was asked how long he thinks one should hold a stock, he famously replied that his favorite holding period is “forever.” READ MORE