While many people worry that a volatile market environment or bad investment decision will cause them to lose a substantial portion of their assets, as people grow wealthier, they also become more susceptible to lawsuits that attempt to capitalize on their hard-earned wealth.
Second Chances: The Importance of Post-Mortem Planning
Lindsay Jacobsen November 06, 2018
In addition to articulating the deceased’s intentions for the distribution of their assets, an ideal estate plan considers the many unknowns that are difficult to anticipate before death, like taxes and estate liquidity—not to mention family and business complexities.
The Advantages of Donor Advised Funds as a Charitable Giving Strategy
Cathy Schnaubelt October 30, 2018
As a donor you have many options, but one giving strategy—donor-advised funds—has exploded in popularity over the last few years.
Investing with a Purpose
Cathy Schnaubelt October 25, 2018
A multitude of new investment opportunities have emerged that allow investors to “do well by doing good.” In other words, investors no longer need to separate investing with a purpose from financial gains—these two goals can be achieved simultaneously.
Uncovering the Facts About Estate Planning Documents
Halsey Schreier October 23, 2018
Myths aren’t just the stuff of legends. They’re everywhere—even in the financial world. Myths can be damaging, but also instructive, especially when we examine the counter-story. Each quarter in The Advisor, we will address some of the common myths that surround a particular wealth management or investment topic.
This quarter, our focus is on estate planning, health care proxies and...
6 Reasons Why You Need an Estate Plan
Cathy Schnaubelt October 18, 2018
Although we typically associate the term “estate” with the ultra-wealthy, estate planning is not just for the rich. Everyone, regardless of family dynamics or financial status, can benefit from having an estate plan—a collection of documents that specify how you want your assets distributed. Nevertheless, most people have neglected to put such plans in place. According to a recent survey...
Dave Donabedian, CFA October 12, 2018
While a spike in volatility can be unnerving, it is a normal part of the market cycle. There are myriad theories on why the strong upswing in the third quarter has abruptly reversed course in October. We would cite two as the most dominant.
Effective Philanthropy: How to be More Strategic about Giving
Cathy Schnaubelt October 11, 2018
Americans tend to be very charitable. Historically, charitable giving as a percentage of GDP has consistently hovered around 2%. In 2017, this amounted to more than $400 billion, according to Giving USA. Yet, most of us don’t really understand the impact that our donations have on the causes we choose to support. After the check is written, where does the money go?
Strategic philanthropy is a...
Why Women Need to Engage in Financial Planning
Patricia DeChant October 09, 2018
In today’s world, women are corporate executives, entrepreneurs, independent investors and leaders in their communities. They control over half of the world’s wealth, and their share is rapidly rising. One in four married women is the breadwinner, and they are increasingly becoming the key decision-makers when it comes to personal and family finances. Yet, on...
International Update: European Due Diligence
Matt Scherer, CFA October 08, 2018
The wild ride continued last month as the market declined over 3.0% early on, only to stage a strong recovery in the back half of the month.
Key Considerations For Selling A Family Business
Cathy Schnaubelt October 04, 2018
Succession planning can be one of the most challenging aspects of owning and operating a family business. And while many family business owners may dream of passing ownership of the business onto future generations, keeping the business within the family isn’t always a viable option. When a clear successor within the family doesn’t exist, family business owners are faced with the difficult...
When to Consider an Employee Stock Ownership Plan
Cathy Schnaubelt September 27, 2018
Keeping a family business within the same family from generation to generation is not always a possibility. Nevertheless, many family business owners want to ensure that the firm and culture they have worked hard to build is preserved well into the future. An Employee Stock Ownership Plan (ESOP) is a way to keep control of a family-owned business within a different type of family—employees who...
FOMC Raises the Target Range By 0.25%
Gary Pzegeo, CFA September 27, 2018
The Federal Reserve raised the target range for short-term rates to 2.00% - 2.25%, as expected. Today’s information revealed neither a sign that the Fed was preparing to pause nor accelerate the process of rate normalization.
Investing in China
Ohm Srinivasan, CFA September 26, 2018
Emerging markets have become volatile in recent months due to the conflict over global trade, especially as it becomes a showdown between the U.S. and China. Both rhetoric and action on this front have been and may continue to be highly unpredictable.
In Partnership: Using Two Strategies to Target Sweet Spots in the Market
Dave Donabedian, CFA September 25, 2018
Mid-cap stocks are often referred to as the market’s sweet spot—they are typically less volatile than small-cap stocks but offer more growth potential than large caps. This combination has resulted in favorable risk-adjusted returns over time, which investors tend to seek. Yet, historically, mid-cap stocks have been largely overlooked.
In the early 1990s, two investment teams began to...