CIBC Private Wealth Management in the News

12.31.2015
The Wall Street Journal
"Bond Bears Hope for Relief in 2016"
Gary Pzegeo, head of fixed income at Atlantic Trust Private Wealth Management with $26 billion assets under management, said that the strong dollar and weak commodity conditions are “feeding distress” in parts of the U.S. junk-bond market, a sign of tightening financial conditions that would hurt the U.S. economic growth outlook.

12.18.2015
The Wall Street Journal
"U.S. Government Bonds Rise on Haven Demand"
Gary Pzegeo, head of fixed income at Atlantic Trust Private Wealth Management, which has $26 billion assets under management, said he is holding a smaller amount of U.S. Treasury debt than that allocated by a bond index. Mr. Pzegeo said investors need to be nimble. “The Fed’s interest-rate moves in 2016 will be data dependent, and portfolio changes by fixed-income investors should be data dependent as well,’’ he said.

12.17.2015
Massachusetts Lawyers Weekly
"The Planning Implications of 'Pfannenstiehl'"
Judith Saxe, managing director and senior wealth strategist for Atlantic Trust, co-wrote the Massachusetts Lawyers Weekly article “The Planning Implications of ‘Pfannenstiehl” about the implications of a recent Appeal Court case and how to advise clients to structure trusts to protect family assets.

12.16.2015
Atlanta Business Chronicle
"Atlanta Financial Experts Weigh in on Fed's Decision to Raise Interest Rates"
Atlantic Trust portfolio manager Charles Hoke on the Fed's decision to raise interest rates: "By taking action today with a 0.25 percent increase in the Fed Funds Rate, Janet Yellen & Company sent a powerful signal to the global markets that the US economy is finally strong enough to put an end to their 7 year zero interest rate policy. We believe future increases will not be automatic, and thus data dependent on the strength and health of the economy." <<READ MORE>>

12.16.2015
Boston Business Journal
"Junk-Bond Turmoil Threatens Boston Fund Managers"
Third Avenue’s fund carried a remarkably high percentage of junk bonds, according to Gary Pzegeo, the head of fixed-income at Atlantic Trust, so Boston managers aren't in the same position as the New York firm. And the largest exchange-traded high-yield fund bounced back Tuesday after plummeting the previous few days. Still, high-yield managers and investors aren’t in the clear. <<READ MORE>>

12.14.2015
Reuters
"Equities Volatile on Oil Swings as Fed Decision Nears"
"There are three things that have raised anxiety and volatility in the equity markets, one is oil and whether the continued deflation there is signaling a global lack of demand for maybe not just oil but for everything," said David Donabedian, chief investment officer at Atlantic Trust in Baltimore, Maryland. <<READ MORE>>

12.02.2015
The Wall Street Journal
"How to Trade the ECB Meeting: 'Cash Is a Position, Too'"
“The ECB’s moves shouldn’t have an effect on what the Fed does this month, said David Donabedian, the chief investment officer at Atlantic Trust Private Wealth Management, but may alter their thinking on 2016. “A strong dollar will keep a lid on exports and possibly ding the domestic growth rate. If the Fed specifically mentions the dollar in their comments following this month’s meeting, that would point to a very slow pattern of rate hikes next year.” <<READ MORE>>

11.25.2015
Bloomberg Business
"S&P 500 Closes Little Changed Amid Data as Energy Shares Retreat"
“The economic numbers today basically confirm what we’ve seen -- a moderate expansion,” said David Donabedian, chief investment officer of Atlantic Trust Private Wealth Management. “It’s a typical mixed bag of economic news. Markets continue to be focused not just on the Fed, but global central bank policy, with the ECB meeting coming up next week.” <<READ MORE>>

11.24.2015
Bloomberg Business
"Most U.S. Stocks Gain With Dollar on Strong Data as Oil Climbs"
“Consumers are in pretty good shape, but continue to be relatively conservative in how they’re spending money,” said David Donabedian, chief investment officer of Atlantic Trust Private Wealth Management. “It’s a typical mixed bag of economic news.” <<READ MORE>>

11.15.2015
The Wall Street Journal
"Don't Fight the Fed: It's Lower for Longer for Bond Yields"
“The Fed’s gradual and shallow path has been on people’s radar screen for a while, so the risk for the bond market is that the Fed may tighten more aggressively than people think,” said David Donabedian, chief investment officer at Atlantic Trust Private Wealth Management.

11.14.2015
The Wall Street Journal
"As Fears of a Meltdown Fade, Money Managers Have Other Worries"
“When gold had its day, its great bull market, it was when we were facing things that truly seemed unprecedented and truly seemed potentially to have no bottom,” said David Donabedian, chief investment officer at Atlantic Trust. “The risks that are out there now are more normal risks” such as expensive stocks, weak corporate earnings and a likely Federal Reserve interest-rate increase.

11.14.2015
Barron's
"Stocks Reel on Fed and Retail Fear"
Data Monday showed China imports fell 19% in October, and commodities were whacked last week. That’s interpreted as a lack of demand, so “the global growth scare has returned,” says David Donabedian, chief investment officer at Atlantic Trust Private Wealth Management. “This time, however, the market senses that the Fed won’t back down on the expected hike.”

11.13.2015
Bloomberg Business
"The Richest Family Offices, Ranked"
Atlantic Trust was included in Bloomberg Markets’ annual ranking of the richest multifamily offices. The rankings are based on assets under advisement data compiled by Bloomberg from self-reported information provided by multifamily offices as of the end of the first quarter of 2015; some data is for year-end 2014.<<READ MORE>>

11.09.2015
CNBC
"Rate Hike Won't Kill Bull Market: Pro"
Atlantic Trust CIO David Donabedian and Mark Luschini, Janney Montgomery Scott, discuss the impact of a rate hike.<<WATCH>>

11.09.2015
Private Wealth Magazine
"The Digital Estate"
Atlantic Trust Senior Wealth Strategist Joshua Miller discusses some steps clients can take to manage their digital information efficiently and safely.<<READ MORE>>

11.09.2015
The Wall Street Journal
"U.S. 10-Year Note Yield Rises to Highest Since July on Fed, Supply"
David Donabedian, chief investment officer at Atlantic Trust Private Wealth Management, said he is holding a smaller amount of Treasury debt compared with the allocation of Treasury debt in a benchmark bond index.

11.06.2015
USA Today
"Stocks' Win Streak Hits Six Weeks"
David Donabedian, chief investment officer for Atantic Trust, weighs in on what a possible interest rate increase by the Fed next month could mean for equity markets.<<READ MORE>>

11.06.2015
CNBC
"Blowout Jobs Report Puts Ball Back in Fed's Court"
"That the Fed might raise rates in December does not make us more or less bullish on the equity markets," David Donabedian, chief investment officer at Atlantic Trust Private Wealth Management, said in a statement. "While easy money has been the biggest source of the bull market in recent years, a slow rise in interest rates is not a case for a bear market."<<READ MORE>>

11.06.2015
Reuters
"U.S. Employment Seen Raising December Rate Hike Chances"
"It's not great job growth but it's respectable and will qualify as good enough for the Fed to feel comfortable to raise rates," said David Donabedian, chief investment officer at Atlantic Trust Private Wealth Management in Washington.<<READ MORE>>

11.06.2015
The Wall Street Journal
"U.S. Treasury Yields Climb on Jobs Data"
“The bar is relatively low for the Fed to raise rates in December,” said David Donabedian, chief investment officer at Atlantic Trust Private Wealth Management.

11.01.2015
The Wall Street Journal
"How Executives Can Minimize the Retirement Tax Hit"
Executives should consider all of the short-term cash-flow needs that will come up in the early years of retirement, including any money they may need to pay the taxes on stock-option exercises and to fund health and insurance needs, says Cathy Schnaubelt, a senior wealth strategist in Houston for Atlanta-based Atlantic Trust.<<READ MORE>>

10.29.2015
The Wall Street Journal
"Stocks Edge Lower as Oil Prices Fall and Fed Meeting Looms "
“We’re back to a central-bank-led bull market,” said David Donabedian, chief investment officer at Atlantic Trust Private Wealth Management. “Equities, despite the slow growth, look relatively attractive,” he said.<<READ MORE>>

10.12.2015
CNBC
"Investors Gear Up for Earnings"
David Donabedian, CFA, chief investment officer of Atlantic Trust, elaborates on where to put your money this earnings season.<<WATCH>>

10.07.2015
Houston Business Journal
"Analyst: The Best Energy MLPs to Invest in are 'Pretty Boring'"
Despite the "doom and gloom" that's been surrounding MLPs, investors shouldn't be too worried about their MLP investments that lie outside of the exploration and production sector, or E&P, said Bas Solleveld, senior vice president of Houston-based wealth management group Atlantic Trust.<<READ MORE>>

09.27.2015
Barron's
"America's Top 40 Wealth Management Firms"
Atlantic Trust was included in Barron's annual ranking of the top 40 wealth managers by assets under management (AUM).<<READ MORE>>

09.26.2015
Barron's
"Top 40 Wealth Managers Table"
Atlantic Trust was included on Barron's annual list of the top wealth management firms in the U.S. The list ranks the largest U.S. wealth managers annually on accounts with $5 million or more in assets.<<READ MORE>>

09.18.2015
Boston Business Journal
"Experts React to the Fed's continued patience"
"The financial markets appear pleased with the Fed’s approach," said Gary Pzegeo, head of fixed income at Atlantic Trust Private Wealth Management. “Bonds and equities have rallied since the release and leadership has been in rate sensitive areas such as utilities, REITs, and intermediate maturity high quality debt,” he said.<<READ MORE>>

09.18.2015
Denver Business Journal
"Denver Execs Weigh in on Fed Decision to Hold Interest Rate Steady"
"I think people were so focused on this announcement because it has been nine years," said Cary Chapman, Denver managing director of Atlantic Trust, a private wealth management firm based in Atlanta with a Denver office. "But it's the story over the next 12 to 18 months that matters."<<READ MORE>>

09.17.2015
Atlanta Business Journal
"What do Atlanta Financial Experts Think About Fed Interest Rate Decision?"
"The Federal Reserve has decided to wait for more evidence of strength before raising rates," said Gary Pzegeo, head of fixed income for Atlantic Trust Private Wealth Management. "The Fed’s concern over international financial conditions appeared to offset an otherwise strong domestic economic assessment. Financial markets are pleased with the Fed’s dovish approach."<<READ MORE>>

09.15.2015
CNBC's Power Lunch
"Key Issue for Stocks"
David Donabedian, CFA, CIO of Atlantic Trust, discusses the impact of a rate hike on stocks.<<WATCH>>

09.15.2015
Family Wealth Report
"Why Digital Assets Are Now Part of the Wealth Management Lexicon"
Josh Miller was quoted in the Family Wealth Report article “Why Digital Assets Are Now Part of the Wealth Management Lexicon." The article was the headline story of this morning’s Report.

09.15.2015
CNBC
"Rate Hike Could Cause Major Market Moves: Boockvar"
While the bull run will continue, the market will probably see only single-digit gains over the next couple of years, said Dave Donabedian, chief investment officer of Atlantic Trust.<<READ MORE>>

09.04.2015
USA Today
"Will They or Won’t They? Wall Street Weighs in on Fed Rate Hike Timetable"
“The overall tenor of this report affirms that the job market and domestic economy in general are in solid shape," Donabedian said. <<READ MORE>>

09.04.2015
Barron's
"Now Rate Hike Timing Depends on Overseas Events"
Dave Donabedian, chief investment officer of Atlantic Trust, thinks the Fed will hold off on tightening in September to make sure global conditions aren’t deteriorating further. <<READ MORE>>

08.24.2015
Boston Business Journal
"Money Managers' Advice for Investors? 'Hang on to Their Hats and Go for a Ride'"
The U.S. unemployment rate is low, the housing market continues its recovery, and government and corporate balance sheets are in good shape, according to Frederick Weiss, managing director at Atlantic Trust. The market has been due for a correction, according to some money managers. “It’s been pretty steady for the past couple years,” Weiss said. “It’s more the anomaly than the norm, that you don’t have interim corrections.” <<READ MORE>>

08.12.2015
CNBC International
"Yuan Devaluation Is a Challenge for U.S. Firms: Pro"
David Donabedian, CFA, CIO of Atlantic Trust, says China's surprise move to devalue the yuan adds to worries about a stronger U.S. dollar and the global economic outlook. <<WATCH>>

08.06.2015
CNBC
"Bumpy Ride But Still a Bull Market, Say Experts"
"It's not a feel-good bull market but it is a bull market and there's money to be made," the chief investment officer for Atlantic Trust said in an interview with CNBC's "Power Lunch." <<READ MORE>>

08.06.2015
CNBC's Power Lunch
"It's a Bull Market, Just Doesn't Feel Good: Pro"
Discussing the investing environment, with Kristina Hooper, Allianz Global Investors, and Dave Donabedian, CFA, Atlantic Trust. <<WATCH>>

07.29.2015
The Wall Street Journal
"Stocks Gain After Fed Statement"
“There was nothing in there where the Fed clarified that it would be raising rates in September,” said David Donabedian, chief investment officer of Atlantic Trust Private Wealth Management.

07.16.2015
Healthcare Finance News
"Healthcare Stocks Having a Banner Year"
"Tenet, HCA and others benefit from the increased insured population," said Fred Weiss, managing director of mid-cap growth equity strategy at Atlantic Trust, an Atlanta-based wealth management firm. "With the ACA, more people have insurance, reducing hospital bad debt for services they are already providing. So, hospital margins improve." Weiss expects this upward tick to continue. <<READ MORE>>

07.14.2015
Bloomberg Business
"Puerto Rico Leaves Creditors Wanting More as Protests Hit Banks"
“This is a restructuring discussion,” Gary Pzegeo, who helps manage $27 billion as head of fixed income in Boston at Atlantic Trust Private Wealth Management, said in a telephone interview. “There’s not a lot that they can make public at this point.”  <<READ MORE>>

07.08.2015
Reuters
"TREASURIES-China, Greece Worries Keep Yields at 5-Week Lows"
"There is some concern that it will eventually have further-reaching global economic repercussions," said Gary Pzegeo, head of fixed income at Atlantic Trust in Boston. <<READ MORE>>

07.07.2015
The Wall Street Journal
"Government Bonds in U.S., Germany, U.K. Rally on Global Uncertainties"
Gary Pzegeo, head of fixed income at Atlantic Trust with $27 billion under management at the end of March 2015, predicts that Treasury yields will rise this year. He still expects the U.S. economy to withstand any impact from headwinds coming from overseas but said this would change if global conditions deteriorate.

07.07.2015
The Wall Street Journal
"IRS Takes Aim at an Estate-Planning Strategy"
Judith Saxe, a senior wealth strategist at Atlantic Trust, the Atlanta-based U.S. wealth-management arm of Canadian Imperial Bank of Commerce, says the IRS’s action potentially could curtail discounts on other assets, including privately held businesses. “There’s a worry that the definition will be broader than intended,” she says.

06.25.2015
CNBC
"Obamacare Decision Spurs Health Care Rally"
With health care insurance intact for many Americans, "the big winner here is hospitals, because they're getting paid—rather than having to provide their service for free," said Fred Weiss, who manages mid-cap growth strategy with Atlantic Trust Private Wealth Management. <<READ MORE>>

06.25.2015
CNN Money
"Big Winner from Obamacare Ruling: Health Care Stocks"
"Most hospitals have had rising margins the past few years from Obamacare," says Fred Weiss, a portfolio manager at Atlantic Trust Private Wealth Management who covers health care. "So if they were making 12% margins, now they make 16%. That's 30% more profits." <<READ MORE>>

06.21.2015
The Wall Street Journal
"Investors Debate the End of the Health-Care Stock Surge"
“If we get 4% GDP [growth] year after year after year you can buy a lot of other sectors and get great earnings growth,” said Fred Weiss, managing director and senior investment manager for Atlantic Trust.

06.18.2015
Financial Times
"Heightened Focus on Building a Legacy for Ultra-Wealthy Investors"
Atlantic Trust CEO Jack Markwalter and President Eric Propper explain the unique needs and opportunities for ultra-wealthy clients.

06.17.2015
Asset TV
"Mid Year Infrastructure MLP Outlook"
Atlantic Trust Portfolio Manager Adam Karpf, CFA, talks about the state of the MLP industry and provides a general overview of the impact of low oil prices on MLPs and how investors can take advantage of opportunities in the space. <<WATCH>>

06.14.2015
The Wall Street Journal
“GRATs Could Lose Allure if Interest Rates Move Higher”
“As rates rise, that could take away some of the benefits of GRATs,” says H. Arthur Graper, CFP®, managing director at Atlantic Trust Private Wealth Management in Denver.

06.11.2015
Bloomberg
“Dollar Gains as Retail Gain Burnishes Outlook for Higher Rates”
“The consumer’s really been the major source of disappointment so far this year, so it’s great to see a good number,” said Gary Pzegeo, managing director and head of fixed income for Atlantic Trust. <<READ MORE>>

06.09.2015
WealthManagement.com
"Prenuptial Agreements: What to Know Before Tying the Knot"
Paulina Mejia, senior wealth strategist at Atlantic Trust Private Wealth Management, discusses some of the “what if” scenarios that make it prudent to consider protecting both prenuptial and post-nuptial assets. <<READ MORE>>

06.09.2015
The Wall Street Journal
"Ten-Year U.S. Government Bond Yield Rises to 8-Month High"
“Things are not as dire as people had thought a few months ago,’’ said Gary Pzegeo, head of fixed income at Atlantic Trust. “Investors are taking money off the table from the bond market,” which is “a pullback from an overreaction to the deflation scares,” he said.

06.09.2015
CNBC Power Lunch
“Concerned With the Lack of Consumer Spending: Pro”
Atlantic Trust Chief Investment Officer David Donabedian, CFA, gives his take on current market conditions. <<WATCH>>

06.03.2015
Private Asset Management (PAM)
"New Recruits Announced at Atlantic Trust"
PAM features the announcement that John Winslow and Brad Craig have joined Atlantic Trust and Mark Frazier and Allen Lyons have new roles as senior relationship manager and business development officer, respectively.

05.27.2015
Reuters
"Baby Boomer Brokers Face Shrinking Market to Sell Firms"
Banks, historically among the biggest buyers of wealth management firms, are also showing interest in the deals. In 2014, banks bought 47 registered investment advisors and trust companies, twice as many as in 2013, according to the mergers & acquisitions consulting firm, Silver Lane Advisors. In one of the biggest, Canadian Imperial Bank of Commerce bought Atlantic Trust Private Wealth Management for $210 million. <<READ MORE>>

05.22.2015
Atlanta Business Chronicle
"Top Money Manager: Bull Market Has Further to Go"
CEO Jack Markwalter and Chief Investment Officer David Donabedian, CFA, discuss where Atlantic Trust is investing and the trends they see in wealth management.

05.14.2015
Private Asset Management
"50 Most Influential Women in Private Wealth"
Linda Beerman, chief fiduciary officer for Atlantic Trust, was included in Private Asset Management's list of 50 most influential women in private wealth. She also appeared on the cover of PAM's May edition. <<READ MORE>>

05.08.2015
Bloomberg
"Dollar Bulls Dealt Setback as Job Gains Fail to Lift Fed Outlook"
“When something moves so aggressively in one direction, it's not unusual to get some consolidation," says Gary Pzegeo, managing director and head of fixed income for Atlantic Trust.

05.04.2015
The Wall Street Journal
"Why Estate Planning for a Distant Future Requires Flexibility"
Another practice that is gaining favor is known as decanting, which involves moving assets from an old trust to a new trust. “Decanting is a direct response to the inflexibility of trusts in the past,” says Catherine Schnaubelt, a senior wealth strategist for Atlantic Trust’s Houston office. Atlantic Trust oversees $27 billion.

04.26.2015
Bloomberg
"Euro Plunge to Parity Derails as Draghi Cash Flows Into Equities"
"European equities went from being an incredibly unloved asset class to very fashionable almost overnight,” says David Donabedian, Atlantic Trust chief investment officer. “In the short term, the euro will probably firm a bit more.”

04.24.2015
WealthManagement.com
"Human or Robo?"
The Canadian Imperial Bank of Commerce is looking to increase its push into the U.S. wealth management and private banking space, according to CEO Victor Dodig during CIBC’s annual meeting in Calgary. Last year, CIBC added Atlantic Trust Private Wealth Management and American Century Investments. <<READ MORE>>

04.23.2015
Bloomberg Business
"CIBC to Avoid ‘Frothy’ Wealth Deals in U.S. Private-Banking Push"
“We look at acquisitions we know we’d like to do in the U.S., but we won’t be drawn into high prices or companies that we don’t feel fit our culture,” said Victor Dodig, CEO of the Canadian Imperial Bank of Commerce, said in an interview in Calgary. Dodig said he’s willing to spend C$2 billion ($1.63 billion) to add to its U.S. businesses of Atlantic Trust Private Wealth Management and American Century Investments, including a push toward private banking. <<READ MORE>>

04.23.2015
South Florida Sun Sentinel
"Atlantic Trust wealth management firm opens West Palm Beach office"
Brent Fykes, a certified financial planner with two decades' experience working with high-net worth individuals, heads up the new office. Adds Atlantic Trust CEO Jack Markwalter: "This strategic move is part of our ongoing plan to expand our business to key wealth markets throughout the nation." <<READ MORE>>

04.21.2015
The Wall Street Journal
"Regional Banks Sweat Through Low-Rate 'Torture'"
“Banks are being priced like the current environment is going to carry on forever, but the eventual tailwind you get from a strong economy will start to drive [returns] higher,” said Brant Houston, a portfolio manager at Atlantic Trust Private Wealth Management, which manages $27 billion in assets.

04.18.2015
Bloomberg Business
"Dollar Suffers Worst Week in a Month as ECB's Draghi Perseveres"
“The growth side of things is not yet materializing this year to the Fed’s liking,” said David Donabedian, chief investment officer in Atlanta at Atlantic Trust Private Wealth Management, which oversees $26.2 billion. “The consensus has moved from they’re going to raise in June to they’re going to raise in September to some people saying it may be even later than that. And that’s a reason right there to sell the dollar.” <<READ MORE>>

04.19.2015
Wall Street Journal
"Corporate Revenue is Backdrop for U.S. Stocks"
“We are in a challenging phase of the bull market where assets aren’t cheap, the economy is slowing down and there are global hot spots,” said Atlantic Trust Chief Investment Officer David Donabedian, CFA.

04.17.2015
Bloomberg
"Loonie Rallies Most in 3 Years as Data Back Poloz's Optimism"
“The resurgence in oil prices this week to me explains 90 percent of the recovery of the Canadian dollar in the short term,” said David Donabedian, CFA, Atlantic Trust chief investment officer.

04.17.2015
Bloomberg
"Dollar's 3-Day Decline Stalls as Report Shows Inflation Firming"
Atlantic Trust Chief Investment Officer David Donabedian, CFA, says that economic fundamentals during the course of 12 to 18 months still argue for a strong dollar.

04.14.2015
Financial Times
"Wells Fargo Profit Slips for First Time in 7 Years"
“The market assumes the current depressed earnings will persist,” said Brant Houston, co-manager of the disciplined equity and income opportunities strategies at Atlantic Trust Private Wealth Management in New York, which manages a total of $26bn in assets.

04.09.2015
Fundfire
"Atlantic Trust Targets Growing Florida With New Office"
Atlantic Trust's strategic move into Florida is part of the firm's expansion into key U.S. wealth markets.

04.08.2015
Daily Business Review
"Palm Beach County Expands as Wealth Fund Magnet"
Atlantic Trust Private Wealth Management is responding to an influx of wealth into South Florida by opening a West Palm Beach office. Managing Director Brent Fykes will serve as office head.

04.07.2015
Family Wealth Report
"Atlantic Trust Opens Doors In the Sunshine State"
Atlantic Trust has expanded into Florida with the launch of an office in West Palm Beach.

04.07.2015
Private Asset Management
"Atlantic Trust Unveils New Florida Hub"
“We are very pleased to announce the opening of our office in Florida, one of the most important wealth markets in the U.S.,” said Jack Markwalter, chairman and CEO of Atlantic Trust.

04.04.2015
Bloomberg
"Dollar Falls Third Week as Jobs Data Clouds U.S. Rate Outlook"
Atlantic Trust Chief Investment Officer David Donabedian, CFA, says he thinks that "as the year evolves we're going to see that the U.S. economy does fine—not spectacular, but solid."

04.03.2015
Bloomberg Business
"Dollar Slips as U.S. Jobs Report Erodes Outlook for Higher Rates"
“This kind of number is a perfect excuse to sell the dollar,” said David Donabedian, chief investment officer in Atlanta at Atlantic Trust Private Wealth Management, which oversees $26.2 billion. “You’re getting some people reappraising the path of Fed rate increases and pushing it back. But I think as the year evolves we’re going to see that the U.S. economy does fine -- not spectacular, but solid.” <<READ MORE>>

04.01.2015
CNBC
"Zell & Buffett's Diverging Economic Views"
Atlantic Trust Chief Investment Officer David Donabedian, CFA, appeared on CNBC’s Power Lunch to discuss Warren Buffett and Zell Miller's diverging economic views.  <<WATCH>>

03.31.2015
The Motley Fool Canada
"Dividend Investors: Should You Buy Canadian Imperial Bank of Commerce?"
In early 2014, CIBC completed the acquisition of Atlantic Trust Private Wealth Management. The $US210 million deal has proven to be a smart one, with the division contributing significantly to 2014 earnings. <<READ MORE>>

03.30.2015
The Wall Street Journal
"Wealth Adviser: Swapping Out Appreciated Stocks in Trusts"
Paulina Mejia, a wealth strategist at Atlantic Trust, says her clients frequently use this strategy. She calls it “a sensible solution for investors who might be concerned that we are nearing the end of a bull market.” <<READ MORE>>

03.27.2015
The Wall Street Journal
"Investors Rethink Stocks Given to Family Trusts"
Atlantic Trust Managing Director and Senior Wealth Strategist Paulina Mejia describes the advantages of buying an asset from a trust.

03.26.2015
Family Business Magazine
“No Place Like Home”
This article by Atlantic Trust Managing Director and Senior Wealth Strategist Joshua S. Miller, CFP®, explains how to avoid emotional landmines when transferring family property.

03.18.2015
Bloomberg Business
"Dollar Bulls Left Second Guessing by Fed's Nod to Currency Wars"
Managing Director and Head of Fixed Income Gary E. Pzegeo, CFA, says that although the Fed hardly ever comments on currency, he is not surprised they are paying attention to and reacting to it.

03.06.2015
The Wall Street Journal
"February Jobs Report: Everything You Need to Know"
“The markets may perceive that the Fed will act sooner, given the continuing strength in the job market,” says Dave Donabedian, chief investment officer at Atlantic Trust Private Wealth Management. But he still sees September as the earliest possible date for an increase, since recent retail sales and manufacturing data have softened. <<READ MORE>>

03.04.2015
USA Today
“Trio of Jobs Reports Start to Clock In"
Atlantic Trust Managing Director and Head of Fixed Income Gary E. Pzegeo, CFA, analyzes the upcoming monthly jobs report.

03.03.2015
The Wall Street Journal
"Wealth Adviser: Steering Clients Away from Big Gambles"
When people in this country become truly wealthy, they become more charitably inclined than the rich do elsewhere, says Atlantic Trust’s John Markwalter Jr. “It is primarily a U.S. phenomenon,” he tells CNBC.com. “If you look at philanthropy and the levels of wealth in the U.S., Americans are incredibly generous.” <<READ MORE>>

02.28.2015
Barron's
"Private Bank Survey: Where to Invest Cash Now"
“If you think historically of what a balanced portfolio looked like -- 60% stocks and 40% bonds -- to have such low levels in high-quality fixed income tells you we’re in very different times,” explains David Donabedian, chief investment officer at Atlantic Trust, which has 18% of its portfolio in high-grade corporate and municipal bonds. <<READ MORE>>

2.28.2015
Barron's
"Private Bank Survey: Where to Invest Cash Now"
Atlantic Trust Chief Investment Officer David L. Donabedian, CFA, explains the new meaning of a balanced portfolio and what the change over time implies.

02.28.2015
CNBC
"'One Percent' Actually Share Middle-Class Priorities: CEO"
"Within the investor world, you have different levels of worth," said John "Jack" Markwalter Jr., head of Atlantic Trust Private Wealth Management, which holds $26 billion in assets under management. Although their concerns are certainly not as acute as those of the middle class, even some wealthy families have to plan around pocketbook issues such as "paying for college, retirement and helping family members," he said. <<READ MORE>>

02.28.2015
Boston Business Journal
"He’s a Traveling Man: Atlantic Trust Investment Officer Sees Equity in Face-to-Face Meetings"
Atlantic Trust Chief Investment Officer David Donabedian, CFA, recently spoke to the Boston Business Journal for an exclusive feature on his career and personal interests.

02.23.2015
CNBC
"Pick These Stocks Over U.S. Equities: Expert"
Asian markets including India and China look attractive compared to U.S. stocks as they are "substantially less valued," Atlantic Trust's chief investment officer said on Monday. "I think India is a very interesting market. You're beginning to see some economic reforms kick in there," Dave Donabedian told CNBC's "Power Lunch." <<READ MORE>>

02.23.2015
CNBC
"Finding Value Now"
Finding the best value in the global market right now, with Dave Donabedian, Atlantic Trust CIO. <<WATCH>>

02.19.2015
The Motley Fool Canada
"Canadian Imperial Bank of Commerce: Should You Buy, Hold, or Sell?"
CIBC bought U.S.-based Atlantic Trust in 2013 for $210 million when Dodig was the head of the wealth management group. That acquisition has proven to be a profitable one and Dodig is setting his sights on bigger deals. In fact, he wants to see CIBC generate 40% of its wealth-management revenue from international sources within the next five years.

02.16.2015
The Wall Street Journal
"Erratic Bonds Are Fine for Stocks"
“The conditions for a bear market don’t really fit” with the current economy, said Mr. Donabedian of Atlantic Trust. A bear market is commonly defined as a stock-index drop of 20% or more. “The U.S. economy is performing reasonably well, interest rates are low and should stay low for some time and earnings are reasonably positive,” he said. He says stock gains may be limited to 6% or 7% this year, but he is forecasting gains.

02.16.2015
The Wall Street Transcript
"Staying Disciplined on Valuation to Manage Risk"
W. Brant Houston, CFA, of Atlantic Trust, is quoted in the Wall Street Transcript's story "Staying Disciplined on Valuation to Manage Risk"

02.06.2015
Barron's
"Energy Prices and Economic Data Lift Stocks"
Atlantic Trust Chief Investment Officer David Donabedian says that oil is "something of a Rorschach test for the global economy."

01.20.2015
Houston Chronicle
"Is Your Portfolio Too Heavy on Energy Stocks?"
Atlantic Trust Senior Relationship Manager Bas Solleveld says that creating a game plan of how and when to diversify can make the process more strategic and less emotional.

01.16.2015
Family Wealth Report
"Advice from Atlantic Trust on Avoiding 'Emotional Landmines' When Gifting Real Estate"
Atlantic Trust professionals remind families that while they may now be motivated to gift property following favorable changes to federal estate and gift taxes, other key factors should be considered.

01.15.2015
The Wall Street Journal
"Who Should You Trust to Oversee a Family Trust?"
Atlantic Trust Senior Wealth Strategist Rebecca Milliman suggests naming a trust protector, who can have the power to make various administrative changes to a trust document, including the removal of a trustee, without needing to take the matter to court.

01.12.2015
Bankrate
"Road to Riches Starts With Saving"
A solid savings account is the foundation on which to build wealth, according to Brent Fykes, managing director for Atlantic Trust Private Wealth Management. "Without accumulating savings, you can't make investments," he says, adding that investing -- whether it be in a home, business, retirement plan, stocks and bonds or a combination of all of them -- is key to making your wealth work for you. <<READ MORE>>

01.12.2015
Private Asset Management
"Atlantic Trust Eyes California Expansion Prospects"
"Atlantic Trust, the U.S. private wealth management division of Canadian Imperial Bank of Commerce (CIBC), has earmarked Los Angeles as an expansion target, and is aiming to grow its San Francisco Bay area presence after producing 30 consecutive quarters of positive cash flows."

01.06.2015
CNBC
"Not a Great Year for Indexing: Pro"
Atlantic Trust Chief Investment Officer David Donabedian appeared on CNBC to discuss his view of active versus passive index funds. <<WATCH>>

01.05.2015
CNBC
"Potential for Making a Lot of Money in Europe: Pro"
Dave Donabedian, chief investment officer at Atlantic Trust is betting ECB President Mario Draghi will unveil QE measures at this month's meeting. "In just two days, we're going to get the euro zone-wide inflation reading that's actually likely to show a headline deflationary number. We have the Greek elections on Jan. 25," he said in an interview with "Power Lunch." <<READ MORE>>