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CGO Wealth Team News

Restore Illinois/COVID-19 Update – Let’s Move Forward Together – CGO Wealth Management is Here For You!

Your financial security continues to be our top priority.

As the workforce in the state of Illinois moves forward including resuming operations in person where it is safe to do so, we want to update you on how CGO Wealth Management, LLC is navigating these new health and safety guidelines.


We remain fully “open” for business, as we have been open throughout this COVID-19 crisis, and ready to serve you. 

For the well-being of our clients and our team, we continue to recommend meeting virtually as much as possible. Although we have missed being able to shake your hand and greet you face-to-face, we’ve been pleasantly surprised with how many of you are embracing doing business via phone, email, Facetime and Zoom meetings.

While I’ve spent weeks dreaming of the day that we would be released back to our “old life”, the reality of returning is showing us that we are not going back to the life that was. We are returning to something new. Things have changed. Preparedness Plans, Health Checks, and COVID policies are now the way forward.


Your Safety and Well-Being is our Priority. 

Although we are recommending that we do as much virtually as possible, we are here in the office and available to you, if you feel an in-person appointment is most appropriate.

We have implemented the following COVID-19 measures to protect you and our team as we work together:

  • We will utilize technology as our primary and preferred communication method whenever it makes sense to do so.
  • When meeting in person:
    • We will follow social distancing guidelines
    • We may wear masks and may ask you to do the same
    • We will wash or sanitize our hands thoroughly before coming in contact with you
    • We will cancel any appointments with you if our team shows any signs of illness, and ask you to also inform us if you show signs of illness


What do I do with my questions and correspondence? 

Continue with your conversations as you would previously. Claude, Kevin, and our newest team member, Michael are working normal hours (though sometimes remotely) and want to ensure we continue to meet your needs without missing a beat. Checks you are sending to CGO Wealth Management should still be mailed to the office.


We are all navigating challenging times. I have great hope for the days ahead, and also know that our days post-COVID will look different than our days pre-COVID. If you need to talk, we are here for you. Please do not hesitate to make an appointment with me.

We look forward to continuing to serve you well,
Claude Ohanesian
CEO/PRESIDENT/FOUNDER
CGO Wealth Management,LLC


The following resources include up-to-date information about the Restore Illinois Plan:

https://coronavirus.illinois.gov/s/restore-illinois-introduction

https://www.dph.illinois.gov/restore

Introducing Michael Edmonds

Introducing Michael Edmonds – the Newest Member of the CGO Wealth Management, LLC Team

I hope this note finds you and yours in good health. With all that continues to go on in the world around us, I am pleased to be able to share some great news happening at CGO Wealth Management, LLC!

In April, amidst the economic uncertainties, job losses and furloughs we were seeing across the globe, CGO Wealth Management, LLC welcomed Michael Edmonds as our newest team member. Michael will be working alongside myself and Kevin in the administrative and technical review of portfolios and financial plans.

Michael comes to us with several years of experience at another financial institution.

In addition to receiving his Juris Doctorate (JD) from Depaul University College of Law, Michael has obtained the following licenses:

  • Series 7 License
  • Series 66 License
  • Licenses for both Health and Life Insurance

I believe that Michael is going to be a marvelous addition to the team and know that you’ll enjoy working with him. Michael is hoping to be able to meet many of you face-to-face sometime soon!

Let’s be in touch soon to get your official introduction to Michael and to ensure your portfolios and plans are in good shape.

We look forward to continuing to serve you well,
Claude Ohanesian
CEO/PRESIDENT/FOUNDER
CGO Wealth Management, LLC

A Message To Our Valued Clients About COVID-19

As the situation surrounding COVID?19 continues to evolve, we want to assure you that your financial security is our top priority, and we are here to help you through whatever the coming weeks and months may bring.

We are fully “open” for business and ready to serve you. Remotely
For the well-being of our clients and our team, we are not having in-person appointments for now. Rest assured, we are available to assist you via phone or email. We are also happy to Facetime or Zoom in order to be face-to-face.

We will keep you posted when we are ready to have appointments in our office once again.

What do I do with my check that I am sending to CGO Wealth Management? 
Checks should still be mailed to the office:
CGO Wealth Management,LLC
600 Central Ave
Suite 200
Highland Park,  Il 60035

Claude is going in to the office regularly to attend to these items that need to be processed physically.

What do I do with my questions and correspondence? 
Continue with your conversations as you would previously. For emails during these times, please CC Claude (Claude@cgowealth.com) and Kevin (kevin@cgowealth.com) – who are both working remotely – as an extra step to ensure we continue to meet your needs without missing a beat.

In addition, feel free to text of call Claude on his cell phone: 847-275-9996

What is going to happen with the market? 
How did we get here? 
My belief is that the first 20% of the decline was due to the COVID-19 virus. However, the last 15% was due to a break in oil, which forced sovereign funds to liquidate stocks they margined to oil.

Much liquidity has been supplied to the economy/markets from the federal reserve and the federal government.

What happens now?
Although I do not know when this will end, rest assured our investments in your portfolio have been strategically arranged so that we will capitalize on the rebound when it comes. China is already sending people back to work and reassembling the economy.

With all of the liquidity being poured into the economies around the world, my belief is that we will see new highs in the market and our accounts.

We know everyone is being impacted in many ways – big and small. If you need to talk, we are here for you. Please do not hesitate to make an appointment with me. We can speak on the phone or via Facetime or Zoom, if needed.

We will prevail,
Claude