GKV Capital Management is a fee-only registered advisory firm in operation since 1975. We manage separate accounts for families, charities and companies. As an independent portfolio management firm making direct investments on our clients’ behalf, GKV Capital has the flexibility and expertise to respond to the changing investment environment to reduce risk and grow wealth.
The third quarter brought significant losses in the stock market as global economic growth concerns and steadily lower earnings forecasts caused investors to readjust equity valuations. The 6.9% fall in the S&P 500 was the worst quarterly decline in four years. The Dow Industrial Average gave up 6.2% and the Nasdaq composite lost 7.4%. All the major indices closed the quarter in negative territory for the year. For the first three quarters of 2015, the Dow Industrial Average is off 8.6%, the S&P 500 is down 6.7% and the Nasdaq Composite is down 2.4%.Read more... More Quarter Reviews