In this Elevate Roundtable, the team unpacks recent market performance, disciplined portfolio management, and the realities of client communication.

The conversation kicks off with discussion of a recent Microsoft position, using it as a springboard to discuss risk management, position sizing, and the critical difference between long-term investing and short-term trading. Shane explains how Elevate manages hundreds of accounts with target allocations—an approach that often requires more frequent trading to stay balanced and control risk. The group also examines when diversified ETF models make more sense for clients than individual stocks, the limitations of relying solely on the S&P 500 as a benchmark, and the value of using more relevant, diversified comparisons. Throughout the discussion, the team addresses one of the most common client questions: why so many trades? They share practical insights on keeping investors focused on long-term goals rather than short-term activity. Tune in for a candid look at how thoughtful portfolio construction, risk discipline, and clear communication come together in real client portfolios.

Whether you’re an advisor, investor, or simply want unfiltered insights on today’s most talked-about names and macro shifts, this roundtable delivers candid analysis you won’t want to miss.

Views expressed are those of the speakers as of the recording date and subject to change. For educational purposes only. Investing involves risk of loss. Contact Elevate Capital Advisors for personalized advice.

In the launch episode of Elevate Roundtable, the seasoned team at Elevate Capital Advisors pulls back the curtain on the world of professional investing and holistic wealth management. Join hosts Tom Damon (Investment Operations Specialist and CFA Level 1 candidate), Shane Fleury (Chief Investment Officer), Ken Armstrong (Co-Founder and planning expert), and Kyle Lotman (Wealth Management Advisor and CFA charter holder) for a candid, real-time discussion recorded live on April 15, 2026.

The conversation opens with a lively market update amid geopolitical tensions in the Middle East. The S&P 500 surges toward (and nearly hits) its all-time high, even as a fragile ceasefire with Iran hangs in the balance and the Strait of Hormuz remains largely closed, keeping oil prices elevated. The team explores what the market's resilience may be signaling, the risks of short-covering rallies, potential double tops, and why historical data favors buying at new highs over the 3-, 6-, and 12-month horizons, while cautioning against over-optimism given ongoing private credit concerns, AI disruption, and a possible "SaaS apocalypse."

The core of the episode dives deep into Elevate's portfolio philosophy: an internally hedged, all-weather-style approach inspired by Ray Dalio's Bridgewater All-Weather and Harry Browne's Permanent Portfolio. The advisors break down their four-bucket framework (stocks, bonds, gold, cash), with a strong emphasis on high-quality businesses purchased at fair prices rather than deep value. They explain why they favor elite property & casualty insurance stocks (like WR Berkley, Travelers, and Chubb) as a superior, inflation-resilient alternative to traditional corporate bonds—highlighting built-in inflation protection from mandatory premiums and the challenges of navigating hard vs. soft insurance pricing cycles.

Additional highlights include:

• The resilience of "forever" quality holdings (Coca-Cola, McDonald's, Hershey, Waste Management) in inflationary environments.
• Behavioral investing lessons: avoiding "resulting," sunk-cost fallacies, and emotional decisions when trimming speculative names or redeploying cash.
• Sector rotation signals, opportunities in energy (ExxonMobil, Venture Global LNG), and concerns around pressured SaaS/tech names (Adobe, Intuit, Microsoft, ServiceNow).
• Closing thoughts on client patience during volatility and the importance of process-driven discipline over short-term noise.

Whether you're a client, business owner, or independent investor, this episode delivers rare, behind-the-scenes insights from a highly credentialed team committed to fiduciary wealth stewardship. Educational, transparent, and refreshingly honest—no hype, just thoughtful analysis.

Next episode: Thursday, May 21, 2026, with a deeper look at quality stocks and more.

Views expressed are those of the speakers as of the recording date and subject to change. For educational purposes only. Investing involves risk of loss. Contact Elevate Capital Advisors for personalized advice.

The Elevate Roundtable team sits down to unpack a market that’s flashing more warning lights than usual.

They discuss current market conditions, interest rates, and economic concerns. Shane shares his bearish outlook on US government debt, predicting that the country's reserve currency status may eventually end due to excessive debt levels, and voices caution against long-term treasuries. The group analyzes market breadth statistics showing only about half of S&P 500 stocks trading above their 200-day moving averages.

They discuss the impact of rising interest rates on various sectors, particularly property and casualty insurance companies that were being affected by the flattening yield curve. The conversation also covers the potential implications of Social Security Trust Fund running out of money around 2029-2032, and the group debates whether this will lead to significant benefit reductions or government default through inflation. They agree that rising interest rates are creating opportunities to adjust portfolio durations and increase exposure to hard assets like gold, while warning that traditional 60/40 stock-bond portfolios might not provide the expected diversification benefits in an environment of rising rates.

Whether you’re an advisor, investor, or simply want unfiltered insights on today’s most talked-about names and macro shifts, this roundtable delivers candid analysis you won’t want to miss.

Views expressed are those of the speakers as of the recording date and subject to change. For educational purposes only. Investing involves risk of loss. Contact Elevate Capital Advisors for personalized advice.

In this episode of the Elevate Roundtable, the team opens up with a discussion of recent bear sightings in Ken's neighborhood. They then review strong year-to-date equity gains alongside gold’s recovery, discussing preparation for US debt pressures after limited Treasury purchases of long-term bonds. Shane outlines the group’s defensive posture, adding gold to passive strategies and questioning whether economic growth alone can resolve the expanding debt burden.

The conversation continues with proposed bond adjustments, favoring shorter-duration holdings amid rising rates, and a cautious stance on further Bitcoin additions given its tech-like correlation. Attention then shifts to hyperscalers’ transition from capital-light software models to capital-intensive data-center and GPU operations, which Shane warns could compress margins and echo risks seen in companies reliant on external financing. Ken highlights a regulatory ruling on data-center securities that raises 2008-style concerns, yet the episode closes on a note of long-term optimism for US markets, underscoring how Elevate’s awareness of these issues helps clients navigate the current landscape more effectively.

Whether you’re an advisor, investor, or simply want unfiltered insights on today’s most talked-about names and macro shifts, this roundtable delivers candid analysis you won’t want to miss.

Views expressed are those of the speakers as of the recording date and subject to change. For educational purposes only. Investing involves risk of loss. Contact Elevate Capital Advisors for personalized advice.

In this Elevate Roundtable discussion (recorded July 16th), Shane, Tom, Kyle, and Ken dive deep into how they manage client portfolios, measure success, and stay aligned with what individual investors can actually handle emotionally and financially. Hindsight builds regret but it can also fuel false optimism for spotting big wins in the market. The team discusses portfolio construction that increases investor success. They also get into macro themes, risk management and the use of an overlay strategy.

Whether you’re an advisor, investor, or simply want unfiltered insights on today’s most talked-about names and macro shifts, this roundtable delivers candid analysis you won’t want to miss.

Views expressed are those of the speakers as of the recording date and subject to change. For educational purposes only. Investing involves risk of loss. Contact Elevate Capital Advisors for personalized advice.

In this episode of the Elevate Roundtable, the team dives deep into SpaceX’s much-anticipated IPO performance and the Federal Reserve’s first policy meeting under new Chairman Kevin Warsh. They break down SpaceX’s valuation, revealing why shares trading around $177 appear significantly overvalued at roughly 100 times revenue. They describe it as “play money” rather than a core long-term investment, while noting that many clients who received IPO allocations plan to hold their positions for the long haul. The discussion also covers institutional lockup periods and the realities of managing concentrated stock positions. Shane delivers a detailed analysis of Chairman Warsh’s debut FOMC meeting, highlighting the bold decision to scrap forward guidance and refocus the policy statement solely on price stability. The move triggered an immediate market sell-off during the press conference—find out what this signals for future Fed policy and investor positioning. The team wraps up with practical portfolio strategies for clients holding sizable SpaceX stakes, including the smart use of options as portfolio insurance and the critical importance of having clear exit plans before entering high-conviction investments.

Whether you’re an advisor, investor, or simply want unfiltered insights on today’s most talked-about names and macro shifts, this roundtable delivers candid analysis you won’t want to miss.

Views expressed are those of the speakers as of the recording date and subject to change. For educational purposes only. Investing involves risk of loss. Contact Elevate Capital Advisors for personalized advice.

In this month's Elevate Monthly Roundtable, join hosts Tom Damon (Investment Operations Specialist and CFA Level 1 candidate), Shane Fleury (Chief Investment Officer), Ken Armstrong (Co-Founder and planning expert), and Kyle Lottman (Wealth Management Advisor and CFA charter holder) for a real-time discussion recorded live on May 21, 2026.

The conversation opens up by addressing market index's and their latest valuations. The pros and cons of valuations are discussed along with any implications for the markets. Shane discusses Quality stocks and the criteria used to define them. Within this context, NOW is discussed.

There was a recent article by NBC out about an annuity holder with a bad outcome. Kyle and Ken review this story and how annuities can be used within a retirement plan and what may have taken place to result in the bad outcome highlighted.

Lastly, the SpaceX IPO is touched on but left for the next episode when the IPO hits. In this discussion, some financials are discussed and how the S-1 reads like a fantasy novel. Surely the IPO is going to provide some excitement and will provide for lively discussion in the next episode.

Whether you're a client, business owner, or independent investor, this episode delivers rare, behind-the-scenes insights from a highly credentialed team committed to fiduciary wealth stewardship. Educational, transparent, and refreshingly honest—no hype, just thoughtful analysis.

Next episode: Thursday, June 18, 2026 with a deeper look at SpaceX and more.

Views expressed are those of the speakers as of the recording date and subject to change. For educational purposes only. Investing involves risk of loss. Contact Elevate Capital Advisors for personalized advice.

In this episode Kyle Lottman, CFA, CMT, CPA and Shane Fleury, CFA address the move higher in oil prices with the conflict in Iran. This is in conjunction with equities continuing to feel heavy with deteriorating breadth. They discuss market fundamentals and how predicting markets is anything but easy, choosing instead to focus on risk management.

To keep up with some measures of market internals, please check out the link below.

https://www.barchart.com/stocks/market-performance

Hope you enjoy the latest episode!

If you would like to contact Elevate Capital Advisors and submit questions or topics to be covered in future episodes, please do so by submitting them to info@elevatecapitaladvisors.com.

Always consult a financial, tax, or legal professional familiar with your unique circumstances before making any financial decisions. This material is intended for educational purposes only. Nothing in this material constitutes a solicitation for the sale or purchase of any securities. Any rates of return are historical or hypothetical in nature and are not a guarantee of future returns, which may be lower or higher. Investments involve risk. Investment values will fluctuate with market conditions and security positions, when sold, may be worth less or more than their original cost.