South Carolina Business Review

Financial planners express concern over high-priced US stocks

By Mike Switzer

Published October 7, 2025 at 6:30 AM EDT

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Wes Johnson, a certified financial planner with ACT Advisors in Charleston, SC.

The stock market has had a good year so far. But some are saying maybe too good. In fact our next guest says you might want to start looking at investing overseas where valuations are a little better. Mike Switzer interviews Wes Johnson, a certified financial planner with ACT Advisors in Charleston, SC.

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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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