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Welcome to the latest edition of the Healy Wealth Management newsletter, your monthly guide to navigating the financial complexities of life.
Let us know your thoughts. And if there’s something that could benefit a friend or family member, please send it their way.
We are very pleased to welcome Yana Lunger and Erick Murray to the team.
Yana Lunger joins us as Office Manager. She began her career as a financial services professional in 2018 supporting clients and operations in the wealth management industry. She has held impactful roles at firms like EY, a national trust company, and a local wealth management firm. She is focused on improving operational efficiency, ensuring data accuracy, and delivering a high level of client service.
Fluent in Ukrainian, Russian, and English, Yana holds a Bachelor of Science degree from Kennesaw State University. She is known for her professionalism and commitment to quality, bringing both analytical insight and a personal touch to every client interaction.
Yana and her husband are the proud parents of four beautiful girls. Her happiest moments are those spent with her family, creating memories together. Passionate about travel and cooking, Yana finds joy in exploring new places and making delicious meals.
Erick Murray is an emerging professional in the field of financial planning. He began helping individuals and families navigate their financial futures in 2024. Erick holds a bachelor’s degree from Georgia State University’s Robinson School of Business, where he majored in Computer Information Systems and graduated with honors. He combines his technical background with his knowledge of financial strategies, offering thoughtful insights to clients desiring sustainable financial plans.
Outside of his professional pursuits, Erick leads an active and well-rounded lifestyle. He enjoys lifting weights and playing pickleball in his spare time. His discipline, drive, and enthusiasm both in and out of the office reflect his commitment to continuous growth and connection with others.
Is indexing really as safe and smart as it seems? In this video, John Healy takes a closer look at the rise of index investing — not just its promises of low fees and diversification, but the risks no one likes to talk about. Drawing on his early experiences growing up in Princeton, NJ next to his neighbors, Burt Malkiel and the daughter of Joseph Stalin, John explores why blindly following the crowd may not be the responsible path for long-term investors.
If you’ve ever wondered if indexing would be a better approach, click on the video below:
What do you call someone sitting at Starbucks doing nothing but drinking coffee with no phone, tablet, or laptop?
Jack Bogle (1929 – 2019) founded Vanguard in 1975 with a revolutionary goal: to take power away from Wall Street and put it back in the hands of ordinary investors. He was deeply disillusioned with the financial industry’s high fees, active management hype, and self-dealing practices. His solution was radical for its time—create a firm owned by its investors, offering low-cost index funds that didn’t try to beat the market but simply mirrored it. Bogle believed most active managers added little value after fees, and he viewed the relentless marketing of complex products as harmful to long-term investors.
True to his mission, Bogle remained a fierce advocate for simplicity, frugality, and investor independence throughout his life. He resisted the idea that investors needed handholding, arguing instead that they needed education, discipline, and low-cost tools. For him, the index fund wasn’t just a financial product—it was a moral stance against the excesses of Wall Street. He rejected the notion that investors needed to pay an advisor an ongoing percentage of their assets just to stay the course, calling it self-serving and contrary to investor empowerment. Vanguard became synonymous with this philosophy, growing into one of the largest investment firms in the world by sticking to Bogle’s principles of low fees and broad diversification.
Yet after Bogle’s retirement in 1996, Vanguard’s leadership took a notable turn by expanding into financial advice—a move Bogle himself opposed. Vanguard began offering both digital and human advisory services, arguing that professional guidance helps clients stick to their plans and avoid costly mistakes. Ironically, the same firm Bogle founded to free investors from intermediaries began employing them.
“It’s not what I would have done,” he said in a 2015 interview with InvestmentNews. “Our job was to build a company that served the investor directly, not through intermediaries—even if those intermediaries are inside the company.”
Vanguard justified this shift with data (including its own studies) showing that advisors can add around 3% in value annually. Though controversial to Bogle purists, the move reflects a broader truth: many investors need more than just a good fund—they need help staying the course.
We don’t compete with Vanguard. Their target market is “mass affluent”, not “high net worth”. To profitably deliver advice at low fees, Vanguard’s strategy is all about scale. Because they must handle far more clients than traditional advisors, they do not provide the same level of customized service our clients expect.
Once again, April demonstrated the importance of being prepared for market uncertainty. The month began with the White House’s April 2 tariff announcement on nearly all trading partners. These tariffs were far higher than investors had expected, leading to fears of rising inflation, a global economic slowdown, and a trade war. Stock markets reacted with the sharpest declines since the pandemic. On April 8, the S&P 500 was down 15% for the month.
The administration’s decision just days later to implement a 90-day pause for most countries helped fuel a market recovery. Additional exemptions on tariffs with China, including on technology products, further calmed investors’ nerves.
Despite significant swings throughout the month, major indices closed with only modest changes. Diversified portfolios also benefited from bond returns and a rally in international stocks. The S&P 500 is now up for the year with dividends.
This is a reminder that the single biggest threat to long-term investment success isn’t market declines — it’s being out of the market when it rebounds. April gave us a sharp reminder: some of the largest down days were followed almost immediately by equally powerful upswings. Those who panicked and got out missed the recovery. And that’s the problem with trying to time the market — you not only have to guess when to get out, but also when to get back in. History shows most people don’t get both decisions right. But those who stay invested, who focus on quality and discipline instead of headlines, are the ones who reap the rewards of resilience.
Healy Wealth Management, LLC is excited to share that for the second year, Kathy Healy, CFP® has been included in the list of Forbes Top Women Wealth Advisors 2025 and Best-In-State High Net Worth Wealth Advisors 2025. It is an honor to be recognized for the work that we do to support clients and our community.
“It’s a privilege to work with clients, getting to know you, and your unique goals as we work together on your financial planning and overall wealth management. I know it wouldn’t be possible without your trust in me and the entire team at Healy Wealth Management.
“When John and I began working with clients 25 years ago, we had the vision of bringing professional portfolio management to individuals, families, business owners and executives. In 2012, we rebranded to Healy Wealth Management, LLC because we had learned that financial planning was a critical element in helping families prepare financially for their life events.”
– Kathy Healy
We look forward to our continued collaboration in planning for your future. As always, please feel free to reach out to discuss opportunities, concerns, or changes to your financial plans. It would be our pleasure to help your family and friends who are seeking financial guidance on their financial journey as well.
“The opinion of 10,000 men is of no value if none of them knows anything about the subject.”
– Marcus Aurelius
Answer: A psychopath. 😊
Securities offered through LPL Financial, member FINRA/SIPC. Investment advice offered through IFG Advisory, LLC, a registered investment advisor. IFG Advisory, LLC, Healy Wealth Management, and Integrated Financial Group are separate entities from LPL Financial. The LPL Financial registered representatives associated with this page may only discuss and/or transact business with residents of the following states: AL, CA, DC, GA, KY, MD, MO, NJ, PA, SC, TX, and WA.
