“I am telling clients to stay the course but be ready for volatility as Trump announces his initiatives and then we will respond.
“The biggest question mark is how this will influence the Federal Reserve Board decisions. We had anticipated rates would go up a quarter of a percent in December and then two more times next year, but Trump has been critical of [Federal Reserve Board Chairwoman Janet] Yellen, so we are in a wait and see mode right now.
“There is no sense of panic among the clients I have talked to,” he adds.