Forward-looking, client-focused.
Jurika, Mills & Keifer combines a forward-looking view of the world with a deep understanding of our client’s needs and aspirations to build and preserve wealth and financial well-being over time.
Based in the San Francisco Bay Area, we provide sophisticated wealth management, planning and advisory services to a limited number of individuals and families.
Over the years, we have built a reputation for independent thinking, sound judgement, and a high level of individualized advice and service.
We welcome the opportunity to serve you and invite you to learn about our firm.
Commentary and Perspective
Quarterly Investment Commentary
Shelter From the Storm
Current investor sentiment is quite negative and there is a long list of things to worry about including economic growth, high inflation, rising interest rates, shortages of energy and other commodities, ongoing supply chain disruptions, and a very dicey geopolitical environment.
Quarterly Investment Commentary
Sea Change
The sell-off in financial markets accelerated in the second quarter reflecting rising concerns about inflation, interest rates, economic growth, and geopolitics.
Investor Update
April Showers…
So far, April showers have brought more showers than flowers in May. After a brief rebound during the last half of March, global financial markets have continued their relentless downpour, offering few hiding places other than cash, commodities, and gold.
Quarterly Investment Commentary
Through the Fog
2022 began on an optimistic note, with the hope that Covid would recede and life would start to return to normal. That didn’t last long. Sharply rising inflation data and interest rates soon spooked both bond and stock investors, sinking global financial markets.
Quarterly Investment Commentary
A Return to Normal?
2021 started with high hopes and then immediately disappointed. It was supposed to be the year that we brought sanity and competence back into Government, conquered Covid and returned to normal life.
Quarterly Investment Commentary
Winds of Change
“How much higher can things go?” is a question we hear frequently from clients, especially lately. It is also a question we have heard consistently over the last 30 years, usually as an expression of general nervousness about markets and current conditions.
Quarterly Investment Commentary
Up, Up And Away?
Global risk assets including equities, real estate and industrial commodities continued their ascent higher in the second quarter, buoyed by a surging global economic recovery, continued progress against Covid, easy money, and lots and lots of fiscal stimulus.
Quarterly Investment Commentary
Double Dose Recovery
The U.S. economy is currently experiencing a significant rebound, fueled by major progress in the pace of Covid vaccinations and a massive amount of fiscal stimulus.
Quarterly Investment Commentary
Forward
In fairness to 2021, the new year was set to start off with a set of unreasonably high expectations that somehow all the problems that beset 2020 would magically disappear at the stroke of midnight on December 31st.
Quarterly Investment Commentary
20-20 Vision
It’s been quite a year so far between the global pandemic, global recession, fires raging on the West Coast, hurricanes on the East Coast, and a political circus in Washington unlike anything we have ever seen. With the pandemic still spreading, the president in recovery, and the election less than a month away, it still feels that we have a long way to go.
Quarterly Investment Commentary
Too Far, Too Fast?
Global financial markets have staged a remarkable rebound from their depths in late March. A combination of deeply oversold conditions, extraordinary monetary and fiscal support from central banks and governments and hopes for an economic recovery as infection rates were curbed and businesses started to reopen, have all led to an impressive rebound in the prices of most risk-oriented assets during the second quarter.
Quarterly Investment Commentary
Across the Valley
Only three months ago, people were ringing in the new year and decade with a sense of cautious optimism. The U.S. economy was strong and the global economy seemed to be improving, especially on the heels of a trade agreement with China and new NAFTA deal with Mexico and Canada.
Why Jurika, Mills & Keifer?
Experience
- A highly experienced team of seasoned investment professionals.
- Four decades of market perspective with responsibility for over $7 billion in client assets at our prior firm.
- We think for ourselves and over the years have built a reputation for independent and forward-looking thinking.
A Differentiated Approach
- Fee-only and unconflicted: Our interests are aligned with those of our clients.
- Focused: We serve a limited number of individual and family client relationships. We grow almost exclusively through referrals and therefore spend the majority of our time serving our existing clients
rather than gathering new ones. - Comprehensive planning and management: We work with clients to help them to see, organize and manage their “total financial picture.”
- Our clients deal directly with senior principals. We have no “relationship managers.”
A Better Experience
- A higher level of advice and service from seasoned professionals. Our clients are at the center of everything we do.
- Large firm experience with small firm focus and responsiveness.
- Financial “Peace of Mind.”