A April Overview

Some exciting news on the Delta business front!  As you can see have a new logo and address, we have moved our office to Maitland, Florida (an Orlando suburb) and now have all our Delta Company affiliates housed under one roof to better serve you as the dynamic company that you have known for more than 3 decades years.  Please note that our phone number, emails and website have remained unchanged.  In addition to our move, we are excited to announce that we have added Ms. Megan Johnson to our team of professionals as our new Chief Compliance Officer. She can be reached at This email address is being protected from spambots. You need JavaScript enabled to view it. or 407-331-9213. 

For some housekeeping news, we are pleased to offer you a copy of this year’s updated Part II of Form ADV, a disclosure document for our company.  Some of the revisions to the Part II of Form ADV include changes and updates to our disclosures and material business practices. As previously mentioned, our new office location and Chief Compliance Officer are among the changes to our disclosures. For compliance purposes, we are transitioning from federal to state registration.  Additionally, modifications were made to the outside business activity disclosures and conflicts of interest of our executive officers. These updates are outlined more specifically in the disclosure document.  We would be happy to send you a copy if you simply email your request to Megan.

Now some market news, the markets are continuing to work through their volatile corrective phase.  As we step away from the markets, we realize we are essentially flat for the year.  We did not experience a 10% correction in the markets during the 2016-2017 time frame, which is abnormal.  That being said, typically this type of low-volatility situation gives way to short-term time frames of heightened volatility.  The roller coaster ride can make investors queasy.  But, we think this is just a normal correction in an otherwise higher trending market. 

The main catalyst behind this corrective phase is the talk from the White House regarding tariffs.  Obviously, China and other countries around the world, have warned of retaliation and this brings up a bigger-picture fear of trade wars.  In our estimation, there is a lot of posturing and positioning going on around the world.  But, it would surprise us to see this turn into a global trade war.  The global economies finally started to lift in 2017 and the last thing any government wants to do is break the golden egg. 

This economic growth cycle has legs, but that does not necessarily mean we would not continue to go through this volatile phase for a period of time.  That being said, a normal correction in this time frame is healthy and we believe it may be running its course soon.     

With a team of seasoned professionals, we are excited about the future and confident in our ability to recognize and capitalize on economic trends.  Of course, our overriding hope is that it translates into serving our clients in a manner that is second to none.

Independence. Expertise. Integrity.

As your investment professional, we are committed to delivering performance in a manner that is consistent with your needs, goals and desires. Headquartered in Orlando Florida, Delta Advisory Group serves clients throughout the United States.