Bond Market – March to a Million

How Today’s Stock and Bond Markets Really Work with Kirk Chisholm (Ep. 73)

By March to a Million | November 4, 2026

Market headlines tend to focus on whether the Dow or S&P 500 is up or down. But those numbers don’t always tell the full story of what’s happening in the market, or what it means for an individual investor. Changes in interest rates, the rise of passive investing, market concentration, and investor behavior can all influence portfolios in ways that aren’t obvious from the headlines.

In this episode, Greg DuPont talks with Kirk Chisholm, Wealth Manager and Principal at Innovative Advisory Group, about structural changes in investing and how passive indexing, interest rates, bonds, market concentration, and investor behavior affect portfolios. Kirk explains why the stock market can send misleading signals, how bonds differ from equities, and what investors should consider when evaluating 401(k) choices, liquidity, risk, and retirement decisions.

Kirk discusses:

How passive investing and institutional flows can influence stock prices beyond company fundamentals
Why the S&P 500 or Dow alone may not tell investors what’s happening across the broader market
How rising interest rates can create losses in bonds that investors may have considered conservative
Why liquidity and stable-value options can play a role when evaluating allocations inside a 401(k)
How chasing recent performance can lead investors to repeatedly move into yesterday’s strongest fund
And more!

Connect with Greg DuPont:

Connect With Kirk Chisholm:

About Our Guest:

Kirk Chisholm is a Wealth Manager and Principal at Innovative Advisory Group. His roles at IAG are co-chair of the Investment Committee and Head of the Traditional Investment Risk Management Group. His background and areas of focus are portfolio management and investment analysis in both the traditional and alternative investment markets.

Kirk has been providing wealth management services to individuals, executives, entrepreneurs, and their families, as well as businesses and organizations since 1999. Kirk is dedicated to developing lasting relationships with all of his clients. One of the benefits of working with Kirk is his patience and his ability to provide clear, easy to understand explanations of all financial options.

Prior to integrating with Innovative Advisory Group in 2008, Kirk founded Stirling Global Advisors, LLC in 2005. Kirk has also held wealth management roles at both UBS PaineWebber and Smith Barney.

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Awakening to Risk: Attorneys and the Future of Markets (Ep. 26)

By March To A Million | June 5, 2024

In the face of impending market changes, how can families plan to safeguard their financial future?

In this episode of March to a Million, Greg DuPont explores the urgent need for a seismic shift in how we perceive financial planning and the crucial role attorneys play in this transformation. He digs into the pressing issues facing the financial market and the impending changes that could reshape our financial futures.

Greg discusses:

His epiphany about the future of the market and its impact on his clients
The significance of the 100th anniversary of the Great Depression in relation to current market conditions
Strategies for protecting family wealth, including offloading risk and exploring alternative investments
The role of insurance companies in providing stability during economic downturns
The potential of Bitcoin and real estate as alternative investment options
The importance of guaranteed income and the dangers of forced asset liquidation during market crashes
Roles that attorneys play in financial advocacy to protect clients’ interests in a comprehensive manner
And more!