After making a huge impact on the staff and clients of SoundView, our Support Advisor Elizabeth Adams, and her husband, Josh, have welcomed their new daughter Miriam and have moved to Louisville, Kentucky in order to be closer to extended family. We loved having Elizabeth on our team and appreciate all she has done for SVA and our clients. We wish her nothing but the best as she takes on her greatest challenge yet: raising a daughter.
More good news: We are pleased to announce the hiring of a new Client Service Coordinator! Beth Spurgetis is currently learning the tools of the trade by providing both operational and client support. She has an impressive amount of experience, and is already contributing to the success of the team. She is quickly absorbing and implementing information that will lead to improved service for all our clients. We invite you to read more about Beth in our Employee Spotlight article.
A Note from Elizabeth
As most of you know, in March I had to take a break from supporting Kevin and the SoundView team to welcome a baby girl. As much as I enjoy a challenge, there are only so many things a woman can multitask!
Miriam Olivia graced us with her presence on the evening of March 12th, and was careful not to arrive before Mommy had the chance to finish watching her beloved Kentucky Wildcats win the SEC Championship Game. :) Needless to say, it was a really good day! Ha!
After some prayer and evaluation, my husband and I made the tough decision to leave Seattle and move to Louisville to be closer to my family as we raise our little one. We have been sad to depart, while still excited for this new chapter in our lives.
Working with SoundView and all of you was such a great pleasure and privilege. Thank you for that time, and I sincerely wish each of you the very best.
Trade Wars: Not All U.S. Trade Partners Are Alike
As trade policies and negotiations inspire headlines, keep in mind the unique nature of our relationship with each partner. According to the U.S. Census Bureau, China was our single largest trading partner in 2017 and also the country with which we had the largest trade deficit. The U.S. traded far more with Canada and Mexico combined (by virtue of NAFTA) with a much smaller net deficit. The European Union represents yet another story altogether.
Our trade relationship with each of these partners is very different and thus trade strategies pursued with one partner may lead to very different outcomes when applied to others. The U.S. will continue to be a major player in global trade even if relationships with some of the partners change. This reality creates an opportunity for actively managed mutual funds to outperform. Their managers can allocate the portfolio to take advantage of these shifting relationships as they evolve.
At SoundView, we invest in both index funds and actively managed funds. Our international equity investments primarily utilize active managers and we believe this is a time for them to shine
Client Service Coordinator
Here at SoundView Advisors, each and every one of our employees plays a vital role.
Beth Spurgetis is no different. Here are some things we have learned about Beth since she joined us just over a month ago:
NAME: Beth Spurgetis
ROLE: Client Service Coordinator
What skill would you like to learn?
I’ve always wanted to learn how to play the cello. I think it’s one of the most beautiful instruments! It would also be amazing to be able to speak fluent French.
What's the craziest thing you've ever done?
Probably leaving my job of four years (it was a good parting!) and buying a one-way ticket to Europe. I traveled for 3.5 months with a general idea of the countries I’d hit but beyond that, no plans! Meeting and chatting with people from all different walks of life and places in the world was the most rewarding part of the trip.
What's your favorite movie/quote?
My favorite movie (or at least top 5) is probably Sabrina—90’s version! I can watch it on repeat.
Favorite quote is a challenge to pin down, so I will just go with something I recently read:
“Be like the fox who makes more tracks than necessary, some in the wrong direction.”
What is the most important thing in your life?
That’s a big question! I’m interpreting this as “things I couldn’t live without.” So music, family, and good stories—books and movies included. And breakfast. Best meal of the day.
What is your dream vacation?
There are many places I would love to travel to, but in terms of a vacation I think I would go back to France. A month enjoying the food, wine, history, art, and pace of life there would be dreamy.
What is on your "bucket list"?
I would love to own a lake cabin someday. My family has spent a lot of time on Lake Couer d’Alene with friends and those are some really sweet memories.
If you could be any animal, what would you be?
I think I would be a bird in a tropical forest. That way I could fly but I’d be in a warm and very beautiful place.
What would be your "last meal"?
Last meal would be a Greek pasta dish called Kapama. It’s a family staple. (My dad is full Greek... And everyone who isn’t, wishes they were) ;).
What's your favorite part about working for SoundView?
I’ve been here a little over a month now and can confidently say that it is and will be the people: both co-workers and clients. I look forward to hearing the stories of more of our clients!