ALDO S. VULTAGGIO, MBA, CFA®, CAIA®, AIF®, CPA
Chief Investment Officer | Partner
Aldo Vultaggio is Chief Investment Officer at Capstone Financial Advisors. In his role, he helps advisors and their clients solve problems and give direction related to their portfolios and long-term investment plans. It’s an opportunity he genuinely enjoys - helping investors grow their wealth and navigate challenging market conditions with well-designed, diversified, and customized investment portfolios along with timely and frequent communications.
Aldo has earned many accreditations and certifications, demonstrating his experience and skill guiding advisors and their clients to investments and portfolios best suited to their specific goals and needs. He is a holder of the right to use the Chartered Financial Analyst® (CFA) and Chartered Alternative Investment Analyst (CAIA®) designations. He is also an Accredited Investment Fiduciary® (AIF) designee and a Certified Public Accountant (CPA). He is a member of the CFA Institute, CFA Society Chicago, CFA Society New York, and the CAIA Association®.
“I am always staying current and knowledgeable about capital markets, the economy, new investments, and the evolving investment landscape to provide the best guidance to our advisors and their clients.””
Invested in your future
Aldo understands that not all clients ‘speak investments,’ as he describes it. He works closely with clients – of all backgrounds and experiences – to fully understand and appreciate their unique situation and current investment portfolio. This, he firmly believes, is how he can provide consulting advice that is best for them.
“Every recommendation I make and discussion I have is personalized to a client’s situation, goals, and investment knowledge. It is not effective to have a one-size-fits-all approach.” ”
Building community
Originally from New York, Aldo is a somewhat recent transplant to Chicago, where he now lives with his wife and two sons. He has made the area his home by becoming involved in the community, notably his local church, and by volunteering at several events organized by his alma mater’s Villanova University Club of Chicago.
In addition to his many professional certifications, Aldo earned a Master of Business Administration in Finance and Accounting from Baruch College – Zicklin School of Business. He also holds a Bachelor of Science in Computer Engineering from Villanova University.
Aldo's Perspectives
The outcome of the U.S. elections could influence policy changes in areas such as taxes, trade, and regulation. In our latest investment perspective, we examine the potential market implications and what investors should keep in mind as election day approaches.
Global stocks advanced in the third quarter, while bonds rallied on falling interest. In our latest research presentation, we take a detailed look at what happened last quarter in the markets and provide our year-end market outlook.
The Fed will likely continue its wait-and-see approach until it observes consistent signs of cooling inflation. In our latest investment perspective, we discuss whether the economy will eventually enter a recession if interest rates remain unchanged for longer.
Stock market gains continued, and bond market returns inched higher in the second quarter. In our latest research presentation, we take a detailed look at what happened last quarter in the markets and provide our updated market outlook.
The commercial real estate market has undergone a significant downturn and sentiment towards it is extremely negative. In our latest investment perspective, we discuss the current state of the real estate asset class and what may lie ahead for it.
Stock markets continued rallying and bond markets took a breather in the first quarter. In our latest research presentation, we take a detailed look at what happened last quarter in the markets and provide our updated market outlook.
The U.S. presidential election will no doubt capture the headlines in 2024 and create uncertainty. We discuss how investors should approach investing in an election year.
Global stock and bond markets rallied significantly in 2023. In our latest research presentation, we take a detailed look at what happened last year in the markets and provide our 2024 market outlook.
Geopolitical risk has risen with the recent tragic attack on Israel. The implications, especially from a humanitarian perspective of this event, are vast and devastating, as are many of the political repercussions that will follow. In our latest investment perspective, we discuss how war in the Middle East could impact the broader markets and the economy, and portfolio considerations for investors.
Stock and bond markets broadly declined in the third quarter amid the continued rise in interest rates. In our latest research presentation, we take a detailed look at what’s happening lately in the markets and provide an updated market outlook.
There has been increasing interest in how the prospects of AI may be boosting stock market performance, particularly for a handful of the largest technology companies. In our latest investment perspective, we discuss whether one should change their investment portfolio to benefit more from the generative AI growth trend.
Stock markets extended their gains during the second quarter, while bond markets were mixed. In our latest research presentation, we take a detailed look at what’s happening lately in the markets and provide an updated market outlook.
The clock is once again ticking on U.S. debt ceiling negotiations. As deadlines draw nearer, the political theater and dramatic media reporting will likely continue to intensify. We provide some historical perspectives and explain what investors should expect this time around.
In March, the failure of the Silicon Valley Bank (SIVB) and ensuing news about other banks contributed to uncertainty and market turmoil. In our latest investment perspective, we discuss the potential longer-term implications of this event and what it could mean for investors going forward.
After material declines in 2022, stocks and bonds posted gains during the first quarter. In our latest research presentation, we take a detailed look at what’s happening lately in the markets and provide an updated market outlook.
What’s ahead for economies and markets in 2023? In our latest investment perspective, we provide our updated outlook and discuss how it informs our recommendations for positioning portfolios going forward.
2022 was a tumultuous year, characterized by geopolitical tensions, interest rate hikes, and inflation concerns across regions, resulting in significant losses across asset classes - a rare occurrence historically. In our latest research presentation, we take a detailed look at what happened last year in the markets and provide an updated market outlook.
Capstone was recently featured on the Dakota Live! Podcast. Click to hear more about our investment research process and portfolio management approach.
Should long-term investors focus on midterm elections? We look at historical returns in months when midterm elections took place to prove why trying to make investment decisions based on the outcome of elections is unlikely to result in consistently better returns for investors.
Chief Investment Officer Aldo S. Vultaggio, MBA, CFA®, CAIA®, AIF®, CPA was quoted in this recent CNBC article about what investors should consider before investing in riskier areas of the market like crypto, meme stocks, and SPACs.
It continues to be a challenging year for investors, even those with diversified portfolios. Our latest investment perspective provides our updated outlook and explains why long-term investors should stay on course, particularly amid a period of heightened uncertainty and market volatility.
What at first looked like a turnaround quarter for the markets took a turn for the worse. In our latest research presentation, we take a detailed look at what’s happening lately in the markets and provide an updated market outlook.
Recent market declines have been painful, and risks abound for the economy as central banks attempt to slow activity without causing a severe recession. We provide our updated outlook and answer the question of whether now is a good time to invest.
Stocks and bonds worldwide broadly posted negative returns through the end of the second quarter. In our latest research presentation we take a detailed look at what’s happening lately in the markets.
The Federal Reserve is demonstrating a strong commitment to controlling inflation by aggressively raising interest rates. We provide insight into the Fed’s current action plan and compare it to the 1970s and 1980s stagflation period.
The U.S. stock market has entered "bear market territory" by declining more than 20% from recent highs. Amid a volatile run for stocks and speculation surrounding a potential economic recession, we explore whether more market losses should be expected.
Global investors face a challenging market environment, with expectations of higher inflation, tighter monetary policy, and the impacts of the Russia-Ukraine war. We outline ways that investors should position portfolios for above-trend inflation and rising interest rates over the next few years.
After an exceptionally calm 2021, we’ve seen a return to a more normal (higher) level of volatility in stock markets so far in 2022. Bonds sustained their worst quarterly decline in decades as the markets reset expectations for how quickly the Federal Reserve and other central banks will raise interest rates.
Here are our latest perspectives about the evolving situation in Ukraine, including what’s going on in the markets, our updated near-term outlook, some historical perspective around events like this, and our recommendations for portfolio positioning.
If you’ve been wondering whether individual stocks and cryptocurrencies deserve a larger place in your portfolio this year, you’ll want to read our latest investment perspective. We provide our 2022 outlook for the markets, economy, and inflation.