South Carolina Business Review

What to make of recent market volatility

By Mike Switzer

Published June 21, 2022 at 5:30 AM EDT

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The stock market has been experiencing many large swings lately, both ups and downs…though mainly downs. In this uncertain environment, what are the experts advising? Mike Switzer interviews Peter Nielsen, a chartered financial analyst at Independent Solutions Wealth Management in Greer, SC and a member of the South Carolina Chapter of the CFA Society.

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Mike Switzer

After almost 20 years, Mike Switzer retired from Wells Fargo Securities in 2001 as Senior Vice President/Investment Officer and Certified Portfolio Manager. In 1999, he and his wife, Maggie, purchased and operated for eight years the Baskin Robbins ice cream store on Forest Drive in Columbia. They grew the store from a bottom-tier operation in the Baskin Robbins franchise system to one in the top 5% nationwide within three years, tripling sales along the way. While operating the ice cream store, Mike and Maggie received patents for a portable ice cream sink and fold-down sneezeguard they invented and in 2002 started Magnolia Carts, an ice cream cart manufacturing company, which they sold in 2013.

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