Glossary of Terms

Asset Class – a classification or grouping of investments that exhibit similar characteristics and thus often behave similarly to one another in the marketplace. 

Bear Market – a period when stock prices are falling or are expected to fall. It is commonly defined by market performance decreases of 20% or more.

Bull Market – a period when stock prices are rising or are expected to rise. It is commonly defined by market performance increases of 20% or more.

Dow Jones Industrial Average – a stock index that tracks the share prices of 30 of the largest U.S. companies.

Emerging Market – a country’s economy that is transitioning from the “developing” phase to the “developed phase” and has significant growth and investment potential. Emerging markets tend to also experience higher market volatility due to political instability, currency fluctuations, as well as supply-demand shocks.

Equity Market – a fancier name for “stock market” … an equity market is a market in which shares of companies are issued and traded. Think equity = stock.

Fixed Income – an asset class that refers to investments that provide a return in the form of regular, fixed interest payments and the return of principal at maturity. These investments are typically considered lower-risk compared to equities (stocks), and they are commonly used by investors looking for steady income or less volatility in their portfolios. Examples include: bonds, treasuries, money markets, and CDs.

GDP – Gross Domestic Product measures the monetary value of final and services produced in a country in a given period of time.

Large Cap – a stock from a public company whose total market value is greater than $10 billion.

Market Capitalization (or “cap” for short) – the value of a company represented by the price of the stock multiplied by the number of shares outstanding.  

Mid Cap – a stock from a public company whose total market value is between $2 and $10 billion.

Nasdaq Composite Index – a broad index of over 2,500 stocks listed on the Nasdaq stock exchange heavily weighted toward the Technology sector.

Recession – a period of temporary economic decline generally defined by a decline in GDP in two consecutive quarters.Russell 2000 Index – a market index comprised of 2,000 SmallCap companies.

SEC-registered – a registered investment advisory (RIA) firm that is federally registered with the U.S. Securities and Exchange Commission. 

Small Cap – a stock from a public company whose total market value is under $2 billion.

S&P 500 Index – a group of stocks representing the 500 largest companies in the U.S. by market capitalization.

Volatility – a statistical measure of the dispersion of returns for a given security or market index – often it refers to the amount of uncertainty or risk related to a security’s value. a period when stock prices are falling or are expected to fall. It is commonly defined by market performance decreases of 20% or more.

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Accounting & Bookkeeping Specialist

Chelsea James

With a background in Human Development and Family Sciences, Chelsea brings a people-centered approach to accounting.

After completing her bachelor’s degree at OSU Cascades in 2021, she moved into bookkeeping and found a rewarding way to help individuals and businesses feel supported in managing their finances.

Coming from a family of local small business owners, Chelsea understands the hard work and the unique challenges that come with running a business. She has worked across a range of industries — healthcare, automotive, and other service-based businesses — which has sharpened her ability to read what a business actually needs and adapt to it. She values building genuine relationships and being someone people can trust.

Outside the office, you’ll likely find her discovering a new hike, casting a line on the water, or spending time with friends and family.

Tax Services Specialist

Nolan Boehm

A Tax Services Specialist who brings a disciplined, reliable, detail-driven approach to every engagement.

A former varsity baseball player, Nolan was a member of the 2025 5A State Championship team—an experience that reflects years of commitment and high-level performance. Competing in a demanding athletic environment helped shape his strong work ethic, attention to detail, and ability to perform under pressure.

Now fully focused on his career in accounting, Nolan is working toward his long-term goal of becoming a Certified Public Accountant (CPA). He approaches his work with humility and professionalism, guided by a mindset of steady growth and long-term excellence. With a clear focus on building technical expertise and credibility, Nolan is committed to continual improvement as he advances in the profession.

Lead CPA & Chief Tax Strategist

Marc Mestyanek

Marc believes accounting should feel approachable, not intimidating — and that clients deserve clear answers without long waits.

Even during the busiest months of the year, he prides himself on fast, concise communication so you can make decisions confidently, right when you need to.

His background spans private equity real estate (where he worked with 73 commercial properties) and the largest business management firm in the country, handling financial records for high-net-worth individuals in music, film, television, and sports. In 2016, he and his wife — whom he’s known since first grade — left Los Angeles for a slower, more intentional life in Bend. He earned his CPA license in 2019 and launched his own firm, New Leaf Accounting, in 2022.

Marc is a numbers guy, yes — but he’s also the kind of person who remembers your kids’ names, genuinely cares about what’s happening in your life, and believes good accounting is really about giving people peace of mind. And when he’s not working? He’s probably with his wife and three kids, exactly where he loves to be.