
August 2025
Jeriod and Leah Turner with their sons: Jase, Grant, and Ian.
/BFG Spotlight - Jeriod Turner
It was 2004—shortly after the arrest of Saddam Hussein—when a young soldier named Jeriod Turner arrived in Iraq to help run convoy support.
Deployed during his first semester at Hannibal-LaGrange University, Jeriod found himself just north of Baghdad, transporting fuel and supplies along dangerous routes.
He recalled a tense period after an attack on Fallujah hit a sister unit, along with several other units. They were attached to the 82nd Airborne Division, which was recalled to the field mid-flight.
“We were running on roads that required general-level approval,” Jeriod said. “You could see the aftermath from the attacks—it was eerie. For about two weeks, there was hardly anyone around. We didn’t get attacked, but that quiet time made it one of the most intense stretches.”
While most of his time overseas was uneventful in terms of conflict, deployment always carries a weight.
“There was always some unknown,” he said, “but as a Christian, I put my trust in the Lord. You don’t worry about what you can’t control; you focus on what you can. We knew we had a job to do, so we did it.”
Growing up in Bevier, Mo., Jeriod’s eight-year commitment in the Army Reserves began in 2002, before he graduated high school. He completed basic training the summer between his junior and senior year, followed by advanced training in 2003, the summer after he graduated.
After a year in Iraq and missing three semesters of college—also missing his high school sweetheart—Jeriod wasted no time when he returned.
He married Leah in 2005. In 2007, they both graduated from HLGU, Jeriod with a business degree with an emphasis on finance, and Leah earned a nursing degree.
Already feeling ingrained in the community and not too far from family, Jeriod and Leah decided to make Hannibal their home.
They are now raising three boys together: Ian (15), Grant (11), and Jase (7) who was adopted from South Korea.
“We enjoy playing sports and board games together,” Jeriod said. “Ian is beginning to drive, Grant enjoys shooting BB guns, and Jase enjoys everything.”
Before working at BFG, Jeriod worked in the banking industry for nine years, and during that time, he was deployed to Kuwait for a little less than a year.
Looking back, Jeriod sees he was being prepared for a future only God knew.
“I would say most soldiers who are deployed at age 18 definitely come out more mature at a younger age,” Jeriod said. “I was put in a leadership position early-on, and the discipline and work ethic I learned has become part of me.”
Jeriod—a first-team all-conference player—first dreamed of playing professional basketball but he gained a new perspective early in high school.
“The Lord saved me between my freshman and sophomore year, and my priorities changed. I started looking at life differently,” he said. “My height wasn’t quite what I needed for a full-ride basketball scholarship. College was expensive, and I knew the military would help with that. I also knew the personal discipline would be good for me.”
Jeriod got to know Pat and Connie Benson through various Bible studies he participated in over the years.
Around 2014, Jeriod and Pat joined the same weekly Bible study for men in business where they often lingered after the meeting to talk. One morning Pat asked Jeriod if he’d ever thought of being an entrepreneur.
“I told him that I had thought about it many times, because I am entrepreneurial-minded,” Jeriod said. “I didn’t feel fulfilled in banking, so I was searching for something new.”
This conversation sparked a series of discussions with Pat and Connie. In 2016, Jeriod accepted a position as a financial planner, soon after that he moved into part ownership of the firm.
With Benson Financial Group’s foundation built on Christ and dedicated to offer servant hearts to clients and employees, Jeriod saw his own values reflected in the BFG culture.
The team has more than doubled since Jeriod joined the firm, and they work continually to cultivate the Christ centered and service-minded atmosphere.
As BFG grows, leadership turns to those on the front lines of the firm.
“Good leaders are always listening, and we can’t see everything that happens, so that’s why we ask employees at least once a year what they are seeing that we don’t,” he said. “They are the ones picking up phones and greeting clients at the door.”
“A lot of our best ideas—big and small—have come from our staff,” Jeriod continued. “The other side of that is when the staff know they are being seen and heard, they are empowered to take ownership themselves.”
With a growing staff and clientele, Jeriod looks forward to what the future of BFG holds.
“At the end of the day, our growth pattern is so we can help more people,” he said. “The more service we can offer, the more people we can serve.”
As Jeriod walks through life as a husband, father, financial planner, and business owner, he considers this verse.
And whatever you do, in word or deed, do everything in the name of the Lord Jesus, giving thanks to God the Father through Him. –Colossians 3:17
“Whatever we set out to do, we should do for our Lord Jesus Christ,” Jeriod said. “Whether that is working or enjoying what the Lord has given us. We should also do it with a thankful heart to the Lord.”
/Q2 2025 Market Update
Equity Market Overview
Equities rebounded strongly following a historically swift sell-off in early April due to reciprocal tariffs announced by President Trump.
The S&P 500 gained 10.9% by quarter end, recovering year-to-date losses and closing at a record high. The Nasdaq surged 18%, driven by renewed AI enthusiasm.
Growth stocks (Russell 1000 Growth: +17.8%) far outpaced value stocks (+3.8%) thanks to robust big tech earnings.
Small caps underperformed but still performed well, gaining 8.5% vs. 11.1% for large caps, due to concerns about their ability to withstand trade-related disruptions.
International and emerging markets outperformed U.S. stocks, supported by a weaker U.S. dollar and rate cuts in Europe.
Fixed Income & Commodities
Core bonds rose 1.2%, with foreign bonds (unhedged) gaining the most (+7.4%), emphasizing demand for foreign investments during uncertainty around US markets.
Commodities fell 3.1% overall. Gold continued its rally (+5.8%, +25.9% YTD), while oil dropped 8.9% due to trade tensions and increased OPEC+ output.
Crypto
Cryptocurrency volatility was high, following greater market trends. Bitcoin lows for the quarter were an early April low of around $75,000 and a June high around $111,000.
Economic Outlook
GDP growth came in at 2.1% for Q2. Jobs data and inflation data remained consistent during the quarter (low unemployment numbers and elevated but stable inflation data).
Future growth in the second half of 2025 will center around delayed tariff effects, inflation data, labor market growth, and a highly priced equity market.
The Federal Reserve System (Fed) is likely to remain cautious, maintaining current rates longer than expected. Most Fed forecasts point toward cuts nearer the end of 2025, aiming at lower rates while remaining restrictive and positioned to respond to changing data.
Source: LPL Research, "Market Insight Quarterly, Second Quarter 2025"
The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly.
The economic forecasts set forth in this material may not develop as predicted and there can be no guarantee that strategies promoted will be successful.
Cryptocurrency and cryptocurrency-related products can be volatile, are highly speculative and involve significant risks including: liquidity, pricing, regulatory, cybersecurity risk, and loss of principal.
Is Bitcoin the same thing as Cryptocurrency?
Not quite!
Bitcoin is the most well-known cryptocurrency, but it’s just one of thousands out there. Cryptocurrency is the broader term for digital currencies that exist online and are secured by advanced coding and record-keeping systems.
While Bitcoin leads the charge, today’s cryptocurrency market is wide and varied.
/Jeriod Turner to Chair United Way Annual Campaign
Each year the United Way of the Mark Twain Area launches an annual campaign focused on raising awareness and funding for the next fiscal year.
“I Am United Way” is the recently launched 2025-26 campaign, and Benson Financial Group is proud that Jeriod Turner has been named campaign chair.
Jeriod has been on the United Way Board of Directors for four years, previously serving as the Vice President of Community Impact. This includes the Community Impact Committee; each year members tour organizations that have applied for United Way funding.
Learning about the local impact each organization makes in the community inspired Jeriod to help shine a light on the lives changed through United Way of the Mark Twain Area funding.
The “I Am United Way” campaign will spotlight the faces of those helped by the United Way—and in their own words, you will hear the stories of hope and healing.
"Over the last few years, I’ve seen all the good these organizations do. It’s not about some ‘pie in the sky’ outreach—it’s real, and it’s here in our own community,” he said. “It's about bringing people together, supporting each other, and creating real change."
To learn more about the United Way of the Mark Area, visit their website at https://unitedwaymta.org.
Quarterly Celebrations at Benson Financial Group
Work Anniversaries
We are grateful for what each staff member brings to our team.
Jeriod Turner, Financial Advisor & Part-Owner — 9 years (May 1)
Anneliese Molina, Client Service Specialist — 1 year (June 13)
Ben Strother, Financial Advisor — 3 years (July 1)
Lisa Carter, Coordinator — 8 years (July 5)
Happy Birthday to Our Team Members!
May: Amanda Hall and Kenton Snyder
June: Jen Kovar and Connie Benson
July: Debbie Burroughs, Jeriod Turner, and Becky Luebrecht
/Upcoming Holidays & Closings