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February 25, 2020

The Wall Street Journal: Todd Morgan Quoted in "As Markets Shudder, Individual Investors Stand Their Ground"

"As Markets Shudder, Individual Investors Stand Their Ground" by Akane Otani and Karen Langley, The Wall Street Journal.

At Bel Air Investment Advisors, which counsels wealthy individuals and families, Chairman Todd Morgan began getting inquiries from clients when stock futures resumed trading late Sunday. He arrived at his Los Angeles office at 6 a.m. Pacific time Monday to the sound of phone calls.

“You hear phones ringing from people wondering what they should do,” he said. “It’s impacting people’s comfort level.”

But like many other investment advisers, Mr. Morgan said he has been advising his clients to stay the course.

“I think this too will blow over, but it isn’t going to be today,” he said.

Read the full article here.