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CrossleyShear Wealth Management's Media
CrossleyShear Wealth Management’s Partners, Evan Shear and Dale Crossley, Once Again Named to Forbes Best-in-State Wealth Advisors List
HEATHROW/MERRITT ISLAND, FLORIDA, April 12, 2023 – CrossleyShear Wealth Management (CrossleyShear), a team of premier financial planning and wealth management advisors, announced today that CrossleyShear founding partners Evan Shear and Dale Crossley have been named to the Forbes distinguished list of Best-in-State Wealth Advisors for 2023. This is the third consecutive year both Shear and Crossley have appeared on this prestigious list and the sixth consecutive year that at least one partner has received the honor. Nominees are carefully vetted through research and interviews and assigned a ranking based on an algorithm of qualitative and quantitative criteria. For 2023, Forbes received approximately 39,007 nominations and only 7,321 advisors received the award.
“Dale and I are once again honored and proud to appear on the Best-in-State Wealth Advisors list, but view this as an important recognition for our entire team. Their dedication and commitment to providing comprehensive financial planning and client-centric care is the foundation of our success,” said Evan Shear, Co-Founder and Branch Manager of CrossleyShear Wealth Management and CERTIFIED FINANCIAL PLANNER™ professional. “Above all, we thank our clients for this honor, for consistently placing their trust and confidence in us through market ups and downs,” added Dale Crossley, JD, Co-Founder of CrossleyShear Wealth Management, Branch Manager and Financial Planner – RJFS.
To learn more about CrossleyShear Wealth Management and the team’s financial planning and wealth management solutions, visit CrossleyShear.com. For more information about CSsports, visit CSsports.net.
About CrossleyShear Wealth Management | Since 1998, CrossleyShear Wealth Management has served as a premier financial planning team dedicated to helping provide clients and families with innovative financial solutions and wealth management strategies. With offices in Heathrow and Merritt Island, Florida, the company’s tailored customer care philosophy and customized planning process helps empower its clients to achieve their financial goals and financial independence. Their professional athlete division, CSsports, is exclusively dedicated to serving the unique needs of sports professionals before, during and after their playing careers. Visit CrossleyShearWealthManagement and CSsports.net to learn more.
1515 International Parkway, Suite 2019, Heathrow, FL 32746
407.215.7575
2395 N. Courtenay Parkway, Suite 201, Merritt Island, FL 32953
321.452.0061
CrossleyShear Wealth Management and CSsports are not registered broker dealers and are independent of Raymond James Financial Services. Securities offered through Raymond James Financial Services, Inc. Member FINRA/SIPC.
Investment advisory services are offered through Raymond James Financial Services Advisors, Inc. Certified Financial Planner Board of Standards Inc. owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™, CFP® (with plaque design) and CFP® (with flame design) in the U.S., which it awards to individuals who successfully complete CFP Board’s initial and ongoing certification requirements.
The Forbes Top Wealth Advisors Best-In-State 2023 ranking, developed by SHOOK Research, is based on an algorithm of qualitative criteria, mostly gained through telephone and in-person due diligence interviews, and quantitative data. This ranking is based upon the period from 6/30/2021 to 6/30/2022 and was released on 4/4/2023. Those advisors that are considered have a minimum of seven years of experience, and the algorithm weights factors like revenue trends, assets under management, compliance records, industry experience and those that encompass best practices in their practices and approach to working with clients. Portfolio performance is not a criteria due to varying client objectives and lack of audited data. Out of approximately 39,007 nominations, 7,321 advisors received the award. This ranking is not indicative of an advisor’s future performance, is not an endorsement, and may not be representative of individual clients’ experience. Neither Raymond James nor any of its Financial Advisors or RIA firms pay a fee in exchange for this award/rating. Raymond James is not affiliated with Forbes or Shook Research, LLC. Please visit https://www.forbes.com/lists/best-in-state-wealth-advisors/?sh=181ba856ab97 for more info.
Evan Shear Named to Raymond James 2023 Chairman’s Council
HEATHROW/MERRITT ISLAND, FLORIDA, December 20, 2022 – CrossleyShear Wealth Management (CrossleyShear), a leading financial planning and wealth management firm based in Merritt Island and Heathrow, Florida, announced today that Evan Shear was once again named a member of Raymond James Chairman’s Council.* Chairman’s Council honors are presented annually to those financial advisors who have demonstrated an unparalleled commitment to client care, professional integrity and the most stringent fiduciary standards. This is Shear’s fifth year gaining membership to the prestigious council.
“Being named to the 2023 Chairman’s Council is certainly an honor, but it takes an entire dedicated and passionate team to deliver on our promise of exemplary client-centric service. We’re fortunate to have such a team – one that’s fully committed to the needs of our clients and their loved ones,” stated Evan Shear, Co-Founder and Branch Manager of CrossleyShear Wealth Management, and CERTIFIED FINANCIAL PLANNER™ professional. “Helping our clients feel confident that their financial goals are well within reach is a mission we wholeheartedly embrace and it truly inspires us on a daily basis.”
Shear and his partner, Dale Crossley, have developed comprehensive financial planning solutions and time-tested wealth management strategies for nearly 25 years. CrossleyShear manages more than $600 million** in client assets and offers a wide variety of services, including retirement planning, investment and asset management, trust and estate planning, education planning and executive wealth management. The company also serves the complex financial and wealth management needs of sports professionals through CSsports, a division of CrossleyShear Wealth Management.
To learn more about CrossleyShear Wealth Management and the team’s financial planning and wealth management solutions, visit CrossleyShear.com. For more information about CSsports, visit CSsports.net.
About CrossleyShear Wealth Management | Since 1998, CrossleyShear Wealth Management has served as a premier financial planning team dedicated to helping provide clients and families with innovative financial solutions and wealth management strategies. With offices in Heathrow and Merritt Island, Florida, the company’s tailored customer care philosophy and customized planning process helps empower its clients to achieve their financial goals and financial independence. Their professional athlete division, CSsports, is exclusively dedicated to serving the unique needs of sports professionals before, during and after their playing careers. Visit CrossleyShearWealthManagement and CSsports.net to learn more.
1515 International Parkway, Suite 2019, Heathrow, FL 32746
407.215.7575
2395 N. Courtenay Parkway, Suite 201, Merritt Island, FL 32953
321.452.0061
Trust services offered through Raymond James Trust, N.A., a subsidiary of Raymond James Financial, Inc. CrossleyShear Wealth Management and CSsports are not registered broker dealers and are independent of Raymond James Financial Services. Securities offered through Raymond James Financial Services, Inc. Member FINRA/SIPC.
*Membership is based on prior fiscal year production. Re-qualification is required annually. The ranking may not be representative of any one client’s experience, is not an endorsement, and is not indicative of an advisor’s future performance. No fee is paid in exchange for this award/rating.
**As of 12/01/2022.
Investment advisory services are offered through Raymond James Financial Services Advisors, Inc. Certified Financial Planner Board of Standards Inc. owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™, CFP® (with plaque design) and CFP® (with flame design) in the U.S., which it awards to individuals who successfully complete CFP Board’s initial and ongoing certification requirements.
CrossleyShear Wealth Management Expands Client Services Team
“HEATHROW/MERRITT ISLAND, FLORIDA, December 5, 2022 – CrossleyShear Wealth Management (CrossleyShear), a premier financial services and wealth management company based in Merritt Island and Heathrow, Florida, announced today the expansion of their team with the addition of Dawn N. Bradford, Client Relationship and Operations Specialist, CSWM, Registered Representative, RJFS. This key client support role will be critical to supporting the company’s recent growth and commitment to providing the very best in client care.
Dawn joined CrossleyShear with over 20 years of experience in financial services. She previously held positions at Smith Barney Citigroup, Merrill Lynch and most recently, worked for 6 years with another Raymond James financial planning firm. She is fully licensed by FINRA and has experience in compliance.
“Dawn is a valuable addition to our team. The decision to augment our client services staff is an important step in continuing to provide best-in-class service. Our success has been built on our client centric philosophy, so we are very pleased to add an experienced team member such as Dawn, “stated Evan Shear, Co-Founder and Branch Manager of CrossleyShear Wealth Management, and CERTIFIED FINANCIAL PLANNER™ professional.
“As our practice has grown, we’ve carefully built a team that’s passionate about always putting the client’s needs first. It’s can be a challenge finding team members who precisely align with your culture. Dawn will be tremendous asset to our team and only bolster our ability to meet and exceed our client expectations,” stated Dale Crossley, Co-Founder of CrossleyShear Wealth Management, Branch Manager and Financial Planner – RJFS.
To learn more about CrossleyShear Wealth Management and the team’s financial planning and wealth management solutions, visit CrossleyShear.com. For more information about CSsports, visit CSsports.net.
About CrossleyShear Wealth Management | Since 1998, CrossleyShear Wealth Management has served as a premier financial planning team dedicated to helping provide clients and families with innovative financial solutions and wealth management strategies. With offices in Heathrow and Merritt Island, Florida, the company’s tailored customer care philosophy and customized planning process helps empower its clients to achieve their financial goals and financial independence. For more information about CrossleyShear Wealth Management and its client-centric approach to financial planning, visit CrossleyShear.com.
About CSsports | CSsports is a division of CrossleyShear Wealth Management exclusively dedicated to serving the unique needs of sports professionals. Our success is driven by a promise to deliver personalized care and customized solutions for all aspects of our client’s financial life – before, during and after their sports career – ranging from everyday spending advice and retirement planning to managing investments, insurance, college savings and business planning. Visit CSsports.net to learn more about our sport’s professional services and solutions.
Securities are offered through Raymond James Financial Services, Inc., member FINRA/SIPC. Investment advisory services offered through Raymond James Financial Services Advisors, Inc. CrossleyShear Wealth Management is not a registered broker/dealer and is independent of Raymond James Financial Services.
1515 International Parkway, Suite 2019, Heathrow, FL 32746
407.215.7575
2395 N. Courtenay Parkway, Suite 201, Merritt Island, FL 32953
321.452.0061
Timely Thoughts from Evan and Dale
“What’s the market going to do?” “Why is it going down?” “What is making money?’ “Its up 500 points, should we be buying?” “Its down, should we be selling?”
All of these are legitimate questions we have always received but recently the questions have turned more aggressively rhetorical with some clients.
Dale and I have been working with clients for over 25 years. Never in those 25 years have we experienced the rapid back and forth on a minute by minute, hour by hour and day by day basis. For many months now we have seen the markets and almost every sector within these markets sell off. We have had days where we start down 1-5% only to turn around for no reason, or the inverse. We have had days where everything looks great and we rally, only to give it all back within minutes or the next day. It is never enjoyable to lose wealth, even if it is temporary or if its giving back some gains. The toll this volatility is taking on our clients, our team and ourselves is reaching unprecedented levels. Some days it feels like we are capitulating, a term that references when most people are throwing in the towel and selling anything not nailed down. Other days, people are buying with both fists everything regardless of what we tell them. In a world where bonds, stocks and alternatives are all down double digits, its tough to find a more stable place to go.
What I want to reiterate to everyone is that nobody can be perfect in this business. Nobody has all the answers all the time. Including the talking heads on TV, your family, friends, or coworkers. Everyone likes to talk about their winners but not their losers. Absolutely no one knows where or when the bottom is, or the top. Anyone who thinks they or their adviser can be is fooling themselves. What we do know is that over the last 25 years, our team has developed, refined and gone back to the drawing board to create investment strategies that attempt to mitigate downside risk as much as possible, while allowing a client to reap rewards when the markets allow for that to happen. They are not going to be perfect. The markets will go up 70-80% of the time and pull back 20-30% of the time. One of our primary goals is to mitigate the impact of market crashes to client portfolios. (defined as declines 20% or greater in the S&P 500 lasting at least one year) which are imminent but not permanent or unmanageable. The last three crashes were -57% in 2007-2009, -49% 2000-2002, and -27% in 1980-1982.* We utilize a disciplined process combining fundamental, tactical and hedges to help further this mitigation goal but that is often not enough to sidestep common but painful pullbacks (defined as 15% or greater declines in the S&P 500). In light of the recent market deterioration, we have been revisiting our asset allocations and tactically favoring cash alternatives. If we knew where the markets would go before they went there, we would have clients positioned that way. Or we would be off somewhere sipping umbrella drinks out of a golden shoe. None of which is happening. We can’t promise much except that we and the entire CrossleyShear team are working our tails off for you.
We are going through a period of rising interest rates that have been in the wings for the last decade but on hold for a litany of reasons. We have seen a 12 year bull market with loose money across the globe inflate asset prices and now we are suffering from the hangover of inflation that ultimately comes from asset bubbles. We have had a global pandemic that has taken over 1 million souls in this nation, some very close to us. That same pandemic and the global response to it has also created a massive supply chain disruption, which has exacerbated the inflation we are seeing. Throw the cherry on top with a war in Europe and a continuous, rolling lockdown in China and things just keep getting crazier.
If you are stressed about your account and the market’s volatility, we need you to know we are as well…X 600. One of the things we have always stressed is that we treat our clients’ money, as if it were our own. So please know that we too lose sleep, get sick to our stomach and even get emotional over the gyrations of this market. However just as “hope” isn’t an investment strategy, neither is “fear.” We will continue to manage this environment to the best of our abilities, with the tools of experience, research and non-emotional investment moves. While most of our clients have been supportive and understanding in this chaos, some have been less courteous and we understand your frustration. If you wish to chat, we welcome it, but we ask that you try to be professional, just as you would expect from us and our team.
I the end, we know all of these challenges will pass. The markets will eventually reach new highs, as they always do. We could be headed for more back and forth until…it stops. When it does, we are prepared to succeed for you, our trusted clients because we have processes and time tested strategies in place. We don’t move on fear or hope, we move on facts and math. Hang in there and keep yourselves and your family healthy and all things in perspective.
Sincerely,
Evan M. Shear, CERTIFIED FINANCIAL PLANNER™
W. Dale Crossley, JD, Financial Planner
Thought Leadership Quotes for Periods of Market Volatility
Market downturns are inevitable, and the most successful strategy during these times is to take advantage of potential values and keep your eye on your long-term financial plan.
- "If you wait for the robins, spring will be over.” – Warren Buffet
- “Whether we're talking about socks or stocks, I like buying quality merchandise when it is marked down.” – Warren Buffet
- "You get recessions, you have stock market declines. If you don't understand that's going to happen, then you're not ready, you won't do well in the markets." — Peter Lynch
- “In the 20th century, the United States endured two world wars and other traumatic and expensive military conflicts; the Depression; a dozen or so recessions and financial panics; oil shocks; a flu epidemic; and the resignation of a disgraced president. Yet the Dow rose from 66 to 11,497.” – Warren Buffet
- "Bad news is an investor's best friend. It lets you buy a slice of America's future at a marked-down price.” – Warren Buffet
- "In investing, what is comfortable is rarely profitable." — Robert Arnott
- "Never bet against America. That is as true today as it was in 1789, during the Civil War, and in the depths of the Depression.” – Warren Buffet
- “The true investor welcomes volatility… a wildly fluctuating market means that irrationally low prices will periodically be attached to solid businesses.” – Warren Buffet
- “How many millionaires do you know who have become wealthy by investing in savings accounts? I rest my case.” — Robert G. Allen
- "When hamburgers go down in price, we sing the "Hallelujah Chorus" in the Buffett household. When hamburgers go up, we weep.” – Warren Buffet
- “Invest for the long haul. Don’t get too greedy and don’t get too scared.” – Shelby M.C. Davis
- “I will tell you how to become rich. Close the doors, be fearful when others are greedy. Be greedy when others are fearful.” – Warren Buffet
- “A market downturn doesn’t bother us. It is an opportunity to increase our ownership of great companies with great management at good prices.” – Warren Buffet
- “All intelligent investing is value investing. Acquiring more that you are paying for. You must value the business in order to value the stock.” — Charlie Munger
- “The best chance to deploy capital is when things are going down.” – Warren Buffet
- “Most people get interested in stocks when everyone else is. The time to get interested is when no one else is. You can't buy what is popular and do well.” – Warren Buffet
- “I love quotes… but in the end, knowledge has to be converted to action or it’s worthless.” — Tony Robbins
