Greetings to Our Oxford Clients and Friends of the Firm,
With Labor Day weekend behind us and summer almost over, I thought I would drop you a note and share some of my musings as I do from time to time. Of course, as usual, my comments are “my comments” and largely editorial, so if there are any mistakes in my memo to all of you, I own them!
Like many of you, I am often asked, “How’s business?” To be honest, and somewhat surprisingly, our new and current business, as well as our country’s financial markets, have been good to us during 2026. We sometimes scratch our heads about how everything is doing so well given everything happening in the world right now, but thankfully our world, and the world for most of our clients, has been positive. In some cases, very positive.
The business press has repeatedly discussed the “softness of the private equity space,” but given our niche in the private equity sectors in which we play (gladly), we have not seen any softness. As many of you know, we are not recommending or investing in the billion-dollar funds and not competing with those that do; consequently, in the middle-market space, our Aspirational Solutions/Private Equity has been quite steady and performing quite nicely.
As we have discussed previously, there are about seven stocks that seem to continue to drive much of the equity indices, but unlike the tech bust of 25 years ago, these tech companies are making significant profits/cash flow and their investment performance has been driven largely by their momentum and increasing execution of their business models. More to come on this.
Regarding interest rates, you have seen Bo Ramsey’s newsletters from time to time, no doubt. Even if you are only a casual reader of the business press, it looks like we are likely headed for another upward bump in interest rates before the end of the year. So much for transitory views that have been expressed by both sides of the political aisle. Time marches on and we will get past these Fed decisions once they feel that inflation is under control. Perhaps in the first and second quarter of 2027.
Speaking of politics, it would be inappropriate for me to make any comments (either way) surrounding the political landscape and midterm elections. However, one thing that history has taught us is that the markets can be pretty agnostic over the short term regardless of which political party is in office and which ones control the House and Senate. There may be nuances to this view on the edges, but time has shared these views about Wall Street’s performance repeatedly.
Regarding the organizational priorities of Oxford, we have two new board members, two amazing Partners, Jared Nishida and Charles Carter. They are long-time (and wise) Partners and given their common sense, wisdom and relative youth, they will do a great job in leading the organization with the other Board members and Kristina Baron, Bo Ramsey and myself. Please congratulate them if you see them.
Within the firm, just like most companies, we have a variety of initiatives going on at any given time… but, we have several drivers that are key to our routine focus on superb client service. Following are five of those drivers:
- “How can we continue to delight our clients with white-glove service and do so endlessly?”
- Soon we will be launching a new Brand representation for the firm. This includes our website, collateral, advertising, media presence, logo design and related brand elements. Our Chief Marketing Officer, Alex Neff, is doing an amazing job in this initiative.
- Sue McMillen, our Chief Talent Officer and Jarret Blum, our Chief Development Officer, are constantly working on how to make sure our Managing Directors are properly trained as well as spending endless hours on the search for additional Managing Directors in our seven market offices.
- Technology and software applications continue to be our number one priority, along with their successful rollout and adoption across ALL of our organization. Given their complexity and the addition of AI, this is a daunting task, but we are excited about conquering this next chapter of our firm’s future to be both efficient and high-touch at the same time.
- Continued focus on our leadership training and succession planning for the Partners and the rest of our colleagues. Given our commitment contractually (due to our Delaware Voting Trust) to perpetual independent and private ownership, these core initiatives are vital for the future of the firm.
Well, thanks for listening and I hope that this email finds you well. Please know that if there is anything I can do for you regarding your services at Oxford, an introduction to a friend, a tweak to our business model, a compliment you want me/us to hear or any other topic that might be on your mind, feel free to reach out to me directly. I will personally follow up!
Thank you for your business, your introductions to others and your friendship.
Warm Regards,
Jeffrey H. Thomasson, MBA, CFP®
Chief Executive Officer and Managing Director
Oxford Financial Group, Ltd. (“Oxford”) is a Registered Investment Advisor (“RIA”) with the U.S. Securities and Exchange Commission (“SEC”) and is headquartered in Carmel, Indiana. Registration with the SEC does not imply a certain level of skill or training. Additional information about Oxford, including our Form ADV and Privacy Policy, is available upon request by calling 800.722.2289 or emailing info@ofgltd.com. The content of this presentation is intended for educational and illustrative purposes only. It should not be construed as investment, tax or legal advice, nor as a recommendation or offer to buy or sell any security or investment product. Tax and legal counsel should be engaged before taking any action. This material has been prepared using original sources believed to be reliable, but no representation is made as to its accuracy or completeness. The views expressed are those of Oxford as of the date of the presentation and are subject to change based on market, regulatory or economic conditions, which may not occur as anticipated. For full disclosures and disclaimers, please visit info@ofgltd.com. OFG-2608-39