CIBC Private Wealth Management in the News

12.23.2016
The Wall Street Journal
"Markets Move Little in Final Christmas Trading"
“You have people now assuming there’s going to be a substantial fiscal stimulus package that’s going to jolt to the economy...but you could well have some wobbling in that positive investor sentiment as the slow wheels of Congress turn,” said David Donabedian, chief investment officer at Atlantic Trust Private Wealth Management, noting pro-growth policies could be delayed or watered down next year. 

12.16.2016
MarketWatch
"Treasury Yields Move Off Multiyear Highs"
"'It's tough to hang your hat on any one tenet, from tax reform, to infrastructure spending to the success these policies might have in generating growth,' said Gary Pzegeo, managing director at Atlantic Trust." «READ MORE»

12.07.2016
FOX Business
"Dow, S&P Hit Highs; Trump Comment Hammers Drug Stocks"
"'I think it is a new fact of life, going forward, that fundamentals can be swept aside any day by comments from the (President-elect),' said David Donabedian, chief investment officer of Atlantic Trust Private Wealth Management." «READ MORE»

12.06.2016
Family Wealth Report
"Atlantic Trust Hires Ex-Citi Private Bank VP in San Francisco"
Atlantic Trust, the US private wealth management division of Toronto-headquartered CIBC, has appointed Dewey Tieu as vice president and associate relationship manager in its San Francisco office. Tieu previously was a VP at Atlantic Trust, Atlantic Trust said in a statement yesterday.

11.28.2016
Bloomberg
"Bond-Market Carnage Breeds Few Bold Predictions for Rebound"
"'Our outlook is for a rise in inflation expectations, term premium and supply premium that could take 10-year yields up to the 3 to 4 percent area,' said Gary Pzegeo, head of fixed income in Boston at Atlantic Trust Private Wealth Management, which oversees $29 billion. 'That will not be a comfortable ride.'" «READ MORE»

11.25.2016
Financial Times
"US markets: Donald Trump’s Bull Run"
David Donabedian, chief investment officer at Atlantic Trust, noted that as soon as the election results were clear, the Trump team put out a pro-growth economic message. “Coming right out of the block in the first 12 hours they hit all the right notes: the need to boost economic growth, the need for corporate tax reform, the importance of boosting infrastructure spending,” he says.

11.16.2016
MarketWatch
"Treasurys Snap 6-Day Losing Streak"
“Investors are finding some value in the long end of the curve and forcing that spread to come in a bit,” said Gary Pzegeo, head of fixed income at Atlantic Trust. «READ MORE»

11.09.2016
The Wall Street Journal Podcast
"What Trump’s Victory Means for Investors"
David Donabedian, Chief Investment Officer at Atlantic Trust, joins Veronica Dagher to break down how Donald Trump's election could impact investors and how long we can expect the resulting market volatility to last. «LISTEN»

11.08.2016
Bloomberg
"Brexit Scars Made Wall Street Masters Timid Election Bettors"
“We haven’t wavered from that, but you absolutely have to constantly evaluate,” he said. “You can’t just dig in your heels and say, ‘Well, we developed a view in July and we’re not going to deviate from it.’ You have to look at potential for unexpected inflection points.” «READ MORE»

11.08.2016
Dallas Business Journal
"Dallas Investors Urge Caution as Markets Price in Clinton Win"
John Winslow, managing director at Atlantic Trust’s Dallas office, said the markets are expecting a Clinton win, and a Trump victory would mean some turbulence to the down side. But they are urging clients not to overreact. “The implications of a Trump win are harder to decipher because of key differences between Trump and congressional leadership on trade, immigration and defense policies,” Winslow said. “But significant personal and corporate tax cuts and a deregulatory business environment would likely unfold if the GOP did run the table on Tuesday.” 

11.05.2016
The Wall Street Journal
"European Funds Snap Record Losing Streak"
“The existential future of the European Union is going to be put to the test in a number of important countries, including Italy, France and Germany,” said David Donabedian, chief investment officer at Atlantic Trust Private Wealth Management. “You’re paying a bit of a quality premium in the U.S., and it’s worth it,” he said. «READ MORE»

11.04.2016
Philanthropic Advisor
"Advising in the Face of Uncertainty"
'Client behavior has absolutely been different this election cycle,' says Joshua S. Miller, Managing Director and Senior Wealth Strategist at Atlantic Trust Private Wealth Management, and an alumnus of the Boston Foundation's Professional Advisors Network. 'So much is up in the air, and there are lots of differing opinions on which way the market will go.'" «READ MORE»

10.31.2016
CFO.com
"U.S. Economy Picks Up Steam in Third Quarter"
“While the economy may not be ready to take off, [the third-quarter] GDP suggests the economic expansion is not at risk of ending,” David Donabedian, chief investment officer of Atlantic Trust Private Wealth Management, told Reuters. «READ MORE»

10.28.2016
Reuters
"Soybean Exports Power U.S. Economy to Best Performance in Two Years"
"While the economy may not be ready to take off, today's GDP suggests the economic expansion is not at risk of ending," said David Donabedian, the chief investment officer of Atlantic Trust Private Wealth Management in Baltimore. «READ MORE»

10.27.2016
The Wall Street Journal
"The Stock Bulls Are Looking Haggard—And That’s a Good Thing"
“This has been the least optimistic bull market in terms of investor confidence,” said David Donabedian, chief investment officer of Atlantic Trust Private Wealth Management. “Perhaps that’s helped to sustain it.” 

10.27.2016
Private Asset Management
"PAM Feature: Power Transformers "
John W. Winslow, CFA, and Scott Caven were quoted in Private Asset Management's October feature story, "Power Transformers." 

10.24.2016
The Wall Street Journal
"Be Careful When Passing Down a Roth IRA"
When spouses inherit Roths, they can roll the account into their own names and continue to defer RMDs, says Cathy Schnaubelt, a senior wealth strategist at Atlantic Trust in Houston. But a non-spouse heir or anyone who inherits the Roth from the spouse generally has to start taking annual distributions «READ MORE»

10.24.2016
Financial Times
"US Equity Bulls Are Counting on Profits to Save the Day"
“Nobody wants to invest sitting on a one-legged stool. To the extent that monetary policy will continue to become less of a support for US and global equities, we really do think earnings need to pick up the slack,” says David Donabedian, chief investment officer at Atlantic Trust. 

10.22.2016
CNBC
"Why Naming Rights for Wealthy Donors Can Be More Than Just Bragging Rights"
Wealthy families want to "envision and put into place what their legacy is and what they want to do, and how to pass it to the next generation, and how that generation feels about that responsibility," said Paulina Mejia, a managing director at Atlantic Trust's wealth strategy group, with nearly $29 billion in assets under management. «READ MORE»

10.20.2016
Nasdaq
"Markets Steady Ahead of ECB Meeting"
"All in all earnings are coming in about as we expected, a little above consensus expectations," said David Donabedian, chief investment officer at Atlantic Trust Private Wealth Management. "What keeps me up at night is central bank policy. Central banks are unwinding unprecedented policies without a road map," he said. «READ MORE»

10.18.2016
Business Insider
"Stocks Gain on Corporate Results, Rising Commodities"
"The markets are expecting an inflection point as we move from the third to the fourth quarter, and so what they will be parsing in management guidance is for a view that earnings turn positive in the fourth quarter," said David Donabedian, chief investment officer of Atlantic Trust Private Wealth Management. «READ MORE»

10.14.2016
Reuters
"Strong Auto Purchases Lift U.S. Retail Sales; Inflation Stirring"
"Today's data give the Fed a green light to raise interest rates by year-end. Retail numbers were solid and confirm that the economy is moving in what the Fed believes is an acceptable fashion," said David Donabedian, chief investment officer at Atlantic Trust Private Wealth Management in Baltimore. «READ MORE»

10.11.2016
The Wall Street Journal
"Wealth Managers, Be on Lookout for Scams Targeting Elderly Clients"
Kishore Setty, managing director and co-team executive of Atlantic Trust's New York office, bylined the article "Wealth Managers, Be on Lookout for Scams Targeting Elderly Clients," which appeared in The Wall Street Journal«READ MORE»

10.06.2016
Private Asset Management
"Atlantic Trust Bolsters West Palm Beach Team"
Atlantic Trust, the US private wealth arm of CIBC, has appointed Karolina Bednarska and Nicole Stelzer as vice presidents of its West Palm Beach office in Florida. Their appointments bring the staff number of Atlantic Trust’s West Palm Beach location to five.

09.23.2016
Reuters
"Wall St Set to Open Lower After Three-Day Rally"
"There is some consolidation after the very active and positive week for stocks based on news flow from the central banks, said David Donabedian, chief investment officer of Atlantic Trust Private Wealth Management. «READ MORE»

09.19.2016
The Wall Street Journal
"Markets Tighten Ahead of Fed"
“Anything that impacts cost to capital or access to capital will get their attention now,” said Gary Pzegeo, head of fixed income at Atlantic Trust Private Wealth Management. 

09.13.2016
Financial Times
"Investors On Edge as Quantitative Easing Comes Under Scrutiny"
“The degree of complacency and low volume over the summer — that environment is behind us,” said David Donabedian, chief investment officer at Atlantic Trust. “This is to some extent an appropriate response taking into account where monetary policy is headed and we are seeing a concerted public relations effort by [Federal Open Market Committee] members to get the market ready for a hike this year.” 

09.12.2016
Financial Times
"US Equities Suffer Worst Slide Since Brexit as Bond Rally Buckles"
“It shakes out some of the complacency for those who thought the Fed would never raise rates again,” said David Donabedian, chief investment officer at Atlantic Trust. 

09.06.2016
Financial Times
"Markets Checklist For September: The Key Events"
“The first debate is usually the one that matters and the one people remember,” said David Donabedian, chief investment officer at Atlantic Trust. “You know what you can expect from Hillary Clinton — she is solid, well-versed, not spectacular, but fairly predictable. The question is what do you get from Donald Trump? And that typifies many investors’ views on the election as a whole. Trump is viewed as more of a volatility risk because there is no roadmap on how he would govern.”

09.06.2016
Financial Times
"Tech and Financials Lead Rotation in US Stocks"
“There is a concern that the overall market is fully valued, so investors have been looking at where the best relative value is and you are seeing a situation where in the third quarter where what has worked so far is what lagged in the first half of the year and vice versa,” says David Donabedian, chief investment officer at Atlantic Trust. 

09.02.2016
CNBC
"For Markets, Bad News is Still Good News"
"They seem to be somewhat snake-bitten," said David Donabedian, chief investment officer at Atlantic Trust Private Wealth Management. "Just when they make a concerted effort to prepare the markets for an imminent rate hike, the economic data goes south. That appears to have happened again." «READ MORE»

09.02.2016
Reuters
"Solid August Employment Gains Expected; Jobless Rate Seen Falling"
"It would lead people to the conclusion that the economy is continuing to grow at a moderate pace and to expect a December rate hike from the Fed rather than September," said David Donabedian, chief investment officer of Atlantic Trust Private Wealth Management in Washington. «READ MORE»

09.02.2016
Financial Times
"Investors Warm to US Financial Stocks"
“The sector’s fate is uncomfortably linked to the Fed,” said David Donabedian, chief investment officer of Atlantic Trust. “There is a perceived earnings catalyst with financials. The perception has turned over in the last month that the Fed is in fact going to embark on a series of rate hikes.”

08.26.2016
Atlanta Business Chronicle
"Gender Gap"
Carly Howard was featured in the Atlanta Business Chronicle’s Special Section and quoted in the article, “Gender gap: Women often behind in retirement planning, savings.”

08.26.2016
Business Insider
"Markets Are Acting Like Janet Yellen Just Said Nothing"
"'Markets were already aware that the case for rate hike had strengthened — recent economic data has been pretty good, market volatility has been low, and Brexit has not yet produced instability,' said David Donabedian, chief financial officer of Atlantic Trust Private Wealth Management, in a note."«READ MORE»

08.26.2016
USA Today
"Stocks Mixed After Yellen; Nasdaq Ends 8-Week Win Streak"
"David Donabedian, chief financial officer of Atlantic Trust Private Wealth Management, said in a note that the market's positive reaction may also be attributable to 'her relaxed view on inflation,' which suggests 'a very slow path toward higher rates.'"«READ MORE»

08.26.2016
The Wall Street Journal
"Yellen and the Fed 'Flying By the Seat of Their Pants'"
"'There really is not a grand plan here for the path for monetary policy,' said David Donabedian, chief investment officer of Atlantic Trust Private Wealth Management. 'They are taking it one day at a time, flying by the seat of their pants.'"

08.25.2016
The Wall Street Journal
"Would a Rate Rise Boost Bank Stocks This Time?"
"'I think banks are frankly begging for a higher rate structure,' said David Donabedian, chief investment officer of Atlantic Trust Private Wealth Management."

08.23.2016
American Banker
"C&I Is Safer than Construction Loans, Right? Maybe Not"
Commercial loans have a lot of merits, however, and it's understandable why many bankers are itching to do more C&I loans, said Brant Houston, a managing director at Atlantic Trust Private Wealth Management in Denver, which has about $28 billion in assets under management, including bank stocks.

08.19.2016
Reuters
"Oil Drags on Dow, S&P; Nasdaq Boosted by Applied Materials"
"'The market is taking a bit of a breather right now and consolidating after the gains we've recently seen,' said Dave Donabedian, chief investment officer of Atlantic Trust in Boston."«READ MORE»

08.12.2016
Forbes
"Who Gets The Family Bible And Coca-Cola Stock?"
"'Over and over, tangible personal property is the thing that pushes people over the edge; the beneficiaries are at odds, and the executor is trying to keep the peace,' says Carly Howard, a senior wealth strategist with Atlantic Trust in Atlanta, Ga."«READ MORE»

08.05.2016
Business Radio X
"Wealth Matters: So You Think Your Estate Plan is Done: Fixable Problems/Simple Cures?"
Carly Howard discussed estate planning problems and solutions with hosts Craig Frankel and Adam Gaslowitz, attorneys at Gaslowitz Frankel. She was also joined by attorney Rebecca Cummings.«LISTEN»

08.02.2016
Financial Times
"Nasdaq Composite Nears All-Time High"
“They had gotten to valuations that made no sense for companies with slow earnings growth and even slower revenue growth,” said David Donabedian, chief investment officer of wealth manager Atlantic Trust. “Do I want to own a bunch of utilities that have 2 per cent revenue growth selling for a higher multiple than a basket of global technology companies?”

08.01.2016
Market Watch
"Fed's Dudley, Kaplan Fail to Convince Market Sept. Rate Hike Is 'On the Table.'"
"'The Fed learned the pain of becoming data dependent,' said David Donabedian, chief investment officer of Atlantic Trust Private Wealth Management." «READ MORE»

07.28.2016
Reuters
"Wall Street Falls on Disappointing Earnings, Weak Data"
"When you've got a one-way market, which we've had for several weeks, it is bound to consolidate or rest a bit," said David Donabedian, chief investment officer of Atlantic Trust Private Wealth Management. "You also have some negative earnings reports and oil prices are back on people's mind as it approaches the $40 level."«READ MORE»

07.21.2016
Family Wealth Report
"Atlantic Trust On Its Latest Growth Endeavor In The Lone Star State"
“The demographics in Texas are compelling, and growth in the state and in Dallas specifically has been very robust, so we are looking to capitalize on that,” said managing director John Winslow, who joined in April 2015 to help the firm establish a presence in Dallas and oversee its operations in north Texas. Scott Caven, managing director and head of Atlantic Trust's Houston office, was mentioned in the article as well.

07.14.2016
Barron's
"Atlantic Trust: Yield-Starved Investors Should Embrace MLPs"
"There is significant potential upside as the MLP sector closes the gap to other yield products," said Adam Karpf, co-manager of MLP strategies at Atlantic Trust Private Wealth Management. «READ MORE»

07.11.2016
Financial Times
"S&P 500 Bull Run Sets a Milestone With Record Peak"
“If we don’t see that overall improvement in earnings in the second half of the year we don’t hold these highs,” said David Donabedian, chief investment officer at Atlantic Trust.

07.01.2016
Barron's
"Stocks Shake Off Brexit Woes, Soar 3%"
Near-term, the market will look for any potential Europe-derived fallout in U.S. corporate earnings, says David Donabedian, chief investment officer at Atlantic Trust. There’s an expectation that second-half U.S. profits will rebound, but that could be called into question if the European economy tanks, he says.

07.01.2016
Real Assets Adviser
"Historic Day, Fateful Decision"
Atlantic Trust Chairman and CEO Jack Markwalter was featured on the cover of Real Assets Adviser. The story is based on a personal, in-depth interview in which he discusses his upbringing in the industry and his future plans for Atlantic Trust. 
«LISTEN TO THE INTERVIEW»
«READ THE STORY»

06.28.2016
Dallas Business Journal
"Here Are Potential Disruptions From Brexit That May Impact Texas"
"I believe Texas is relatively insulated from that effect," said John Winslow, managing director for Atlantic Trust. Winslow will head up a new Dallas office opened by the private wealth management firm. Winslow is monitoring upcoming elections in Spain, France and Germany to see if any momentum from the Brexit vote will carry over to further split the continent.

06.28.2016
Private Asset Management
"Atlantic Trust Expands to Dallas"
"We now have expanded our footprint to one of the fastest-growing wealth centers in the country, and we couldn’t be more pleased,” said John “Jack” S. Markwalter Jr., chairman and CEO of Atlantic Trust.

06.28.2016
Family Wealth Report
"Atlantic Trust Expands Texas Footprint"
Managing director John Winslow was hired by Atlantic Trust in April of last year to help the firm establish a presence in the city, as well as to oversee its operations in Austin. Winslow, with 25 years of industry experience, will head up the new office. In his earlier role at BNY Mellon he was tasked with establishing the firm's presence in the Lone Star state and overseeing its portfolio management team there.

06.27.2016
Reuters
"Equities Sell Off for Second Day, Safe-Havens Up in Brexit Aftermath"
"Markets already appear to be pricing in a full-blown recession in the U.K. and rising recession risk in the rest of Europe," said David Donabedian, chief investment officer of Atlantic Trust Private Wealth Management.«READ MORE»

06.22.2016
USA Today
"What Wall Street Wants: A Britain Vote to 'Remain'"
A close vote either way will also add to the uncertainty, adds David Donabedian, chief investment officer for Atlantic Trust Private Wealth Management. What markets would love is a resounding, clear-cut "remain" victory: “A margin of victory of four points or more (for the ‘remain’ camp) would be clarifying for markets,” Donabedian predicts.«READ MORE»

06.21.2016
Family Wealth Report
"Atlantic Trust Relocates Growing Newport Beach Office"
“The primary purpose of our move is to provide additional space for our rapidly growing team,” said Andrew Lang, managing director and head of the Newport Beach office.

06.17.2016
Private Wealth
"A Perfect Union"
Atlantic Trust was featured on the cover of Private Wealth magazine. The story is based on in-depth interviews with Atlantic Trust's CEO Jack Markwalter, CIO David L. Donabedian, CFA, and Head of Wealth Strategies Paulina Mejia. The article also cites Steve Geist, CIBC Senior Executive Vice President and Group Head, Wealth Management.«READ MORE»

06.13.2016
Family Wealth Report
"Atlantic Trust Expands New York Team"
Atlantic Trust, the US private wealth management division of CIBC, has brought in Halsey Schreier as a vice president and wealth strategist in New York. Since January 2016, the New York office has added two team members and now has a total of 38 wealth management professionals, the firm said. It added that it has made nearly 40 hires across the US over the past year, including nine in senior business development, relationship management, investment and wealth strategies roles.

06.13.2016
CNBC Power Lunch
"How to Invest for Brexit"
Atlantic Trust Chief Investment Officer David Donabedian, CFA, appeared on CNBC's Power Lunch to discuss investment strategies for the possible Brexit outcomes. «WATCH»

06.09.2016
Sports Illustrated
"Watch the Experts Tee It Up and Talk Golf and Personal Finance"
National Director of Business Development Sidney Queler appeared on SI.com's "The Experts' Round" with veteran golf instructor John Tattersall to discuss golf tips, personal finance and what to expect when working with a professional financial advisor.«WATCH»

06.03.2016
Business Insider
"'Holy Weak Growth, Batman!': Here's What Wall Street is Saying About the Worst Jobs Report Since 2010"
Commentators found little solace in the underlying details of the report. “We can’t find a positive nugget in today’s job report. If we were looking for signs of strength in this report, there is nothing to hang onto here,” wrote David Donabedian, chief investment officer at Atlantic Trust Wealth Management.«READ MORE»

06.03.2016
USA Today
"These Stocks Get Hit Hard By Ugly Job News"
"'The equity markets had come around to accepting that the Fed would raise interest rates this summer due to rising confidence in the expansion. Today’s job report blows that sentiment out of the water,' says David Donabedian, chief investment officer of Atlantic Trust Private Wealth Management."«READ MORE»

05.22.2016
The Wall Street Journal
"Stocks and Bonds Can Weather a Fed Rate Increase, Investors Say"
David Donabedian, chief investment officer of Atlantic Trust Private Wealth Management, which had $27 billion of assets under management at the end of April, said any selloff likely would afford many investors the opportunity to hunt for value from beaten-down assets.

05.20.2016
Forbes
"Top Wealth Manager Focuses on Family Values"
Atlantic Trust Managing Directors Bruce D. Katz, CFP®, and Sidney F. Queler appeared on the RIA Channel for Forbes Advisor Network after Atlantic Trust ranked 7th on the 2015 Forbes Top 100 Wealth Managers list.«WATCH»

05.19.2016
Massachusetts Family Business
"Love and Business: Marriage and Asset Protection Planning for the Business Owner"
Atlantic Trust Managing Director and Senior Wealth Strategist Joshua S. Miller, CFP®, bylined the article "Love and Business" in the Summer 2016 edition of Massachusetts Family Business. «READ MORE»

05.18.2016
Trusts and Estates
"Fiduciary Law Trends: A Roundup of Significant Court Cases"
Atlantic Trust Senior Wealth Strategist Carly E. Howard bylined the article “Fiduciary Law Trends: A Roundup of Significant Court Cases” in the May 2016 issue of Trusts and Estates.

05.11.2016
The Wall Street Journal
"U.S. Stocks Decline on Weaker Consumer Earnings"
“There’s some kind of hesitation with the U.S. consumer,” said David Donabedian, chief investment officer at Atlantic Trust Private Wealth Management. “That’s a big reason why the U.S. economy is really just limping along here.”

05.01.2016
Financial Times
"Investors Wary Despite US Earnings Beating forecasts"
“The headwinds that have hit us from an earnings perspective are starting to abate,” said Byan Reilly, senior investment analyst at Atlantic Trust. He cited falling oil prices, which have rebounded of late, and the US dollar, which is off the highs.

04.28.2016
Private Asset Management
"Exclusive: Atlantic Trust to ‘Complete Texas Footprint’ With Dallas Hub "
Jack Markwalter and John Winslow were both quoted in the Private Asset Management article “Exclusive: Atlantic Trust to ‘complete Texas footprint’ with Dallas hub.”

04.20.2016
CNBC Power Lunch
"Market's Path Forward"
Atlantic Trust Chief Investment Officer David Donabedian, CFA, appeared on CNBC's Power Lunch to discuss market strategies and forecast conditions to come. «WATCH»

04.09.2016
Australian Business Review
"Forget Sweeping Moves: Calm is the New Discipline in Asset Allocation"
David Donabedian at Atlantic Trust, says that, while US equities still aren’t cheap, the economy is in good shape and the bull market should continue. A recovery in corporate earnings is expected to drive returns of about 5 per cent to 6 per cent, according to surveyed wealth managers. «READ MORE»

04.05.2016
USA Today
"CEO 'Outlook' is Key to Earnings Season"
“With earnings season upon us, the most important takeaway for investors is what management guidance has to say about the rest of the year,” says David Donabedian, chief investment officer of Atlantic Trust Private Wealth Management, which manage nearly $27 billion in client assets. “While analysts have been furiously downgrading estimates, the actual reports will likely beat these estimates,” he added. «READ MORE»

04.04.2016
Key Biscayne Magazine
"Giving Counts"
Senior Wealth Strategist Carly Howard bylined an article in Key Biscayne Magazine: "While it's clear that charities need proper funding to carry out their missions, a dime can become a dollar with the right vision and roadmap," she wrote. "Charitable organizations depend on annual fundraising drives for operating funds, but they also rely on large planned gifts for expanding educational programs, constructing new buildings and other substantial expenses of growth."«READ MORE»

04.01.2016
Financial Times
"Investors Shun Volatility For Safety of Cash"
“It’s an environment where there’s more to be cautious about than positive,” said David Donabedian, chief investment officer of private wealth manager Atlantic Trust. “There has been a change in tone. We went four years without a market correction and we have had two in the last six months.”

03.31.2016
The Wall Street Journal
"U.S. Stocks Little Changed as Choppy Quarter Comes to an End"
“It’s been a roller-coaster ride, and some investors have been whipsawed,” said David Donabedian, chief investment officer at Atlantic Trust Private Wealth Management. “If you came into the year bullish, you got off to a very rough start; if you lost heart in January or February, you’re kicking yourself now because of the recovery,” he said.

03.27.2016
The Wall Street Journal
"Professionals Who Can Help With an Aging Parent’s Finances"
It’s typical for a parent to have a banker who handles checking and savings accounts, money-market accounts and certificates of deposit, and a financial adviser who manages a portfolio of investments, brokerage accounts and retirement accounts, says Carly Howard, a wealth strategist in Atlanta for Atlantic Trust Private Wealth Management.

03.26.2016
Barrons
"Asset Picks From Top Wealth Management Firms"
David Donabedian, chief investment officer at Atlantic Trust, says that while U.S. equities still aren’t cheap, the economy is in good shape and the bull market should continue.  «READ MORE»

03.24.2016
Bloomberg Business
"Five-Week Rally Halted in U.S. Stocks as Energy Finally Falters"
“The rally has gotten a little tired. We’ve had a V-shaped year and the market has rebounded back in short order, so you have a natural tendency for it to consolidate,” said David Donabedian, chief investment officer of Atlantic Trust Private Wealth Management, which oversees about $27 billion. It’s also not coincidental that stocks fell as crude oil’s rally from a 12-year low stalled, he said. “That correlation remains very tight.” «READ MORE»

03.22.2016
FundFire
"Atlantic Trust Shuffles Wealth Duties as Vet Retires"
Atlantic Trust, the U.S. private wealth management division of Canadian banking group CIBC, has expanded the roles of three top wealth lieutenants as its head of wealth strategy and chief fiduciary officer prepares to retire.

03.21.2016
Private Asset Management
"Atlantic Trust Makes Trio of Promotions"
Paulina Mejia has been named head of wealth strategies at Atlantic Trust, one of three major appointments made by the firm. Mejia, who joined Atlantic Trust in 2011, will lead the wealth strategies group as her predecessor, Linda Beerman, transitions toward retirement. Atlantic Trust, the private wealth arm of Canadian financial institution CIBC, also named Gabrielle D. Bailey managing director and chief fiduciary officer, and Judith A. Saxe director of research and education for wealth strategies, a new role created to lead firm-wide education initiatives concerning various topics in trusts, estates, multigenerational legacy planning and more.

03.21.2016
Family Wealth Report
"Atlantic Trust Makes Triple Promotion"
Atlantic Trust CEO Jack Markwalter was quoted in the Family Wealth Report article “Atlantic Trust Makes Triple Promotion.” Chief Fiduciary Officer Gaby Bailey, Advisor to Wealth Strategies Linda Beerman, Head of Wealth Strategies Paulina Mejia and Director of Research and Education for Wealth Strategies Judith Saxe were also mentioned.

03.16.2016
The Wall Street Journal
"In Fed Decision, Investors Looking for Changes on Inflation"
"The most important factor to watch in the Fed statement is what they say about inflation and how much emphasis they put on it," said David Donabedian, chief investment officer of Atlantic Trust Private Wealth Management. If the Fed’s statement puts a spotlight on the recent uptick in inflation, "it could make the markets nervous and conclude that more rate hikes are indeed in the future."

03.09.2016
Family Wealth Report
"Atlantic Trust Recruits In Three States"
“Ultimately, our goal is to operate in all the key money centers around the US where there is a concentration of wealth,” said Jack Markwalter, chairman and chief executive at Atlantic Trust.

03.08.2016
Private Wealth Magazine
"Atlantic Trust Relocates Headquarters; Announces Three New Hires In Three Cities"
Atlantic Trust, the U.S. private wealth management division of the Canadian Imperial Bank of Commerce (CIBC), has announced the relocation of its headquarters in Atlanta. The firm is moving from midtown Atlanta to uptown in the city’s Buckhead neighborhood. The firm has $26.9 billion in assets under management. «READ MORE»

02.25.2016
CNBC Power Lunch
"Value Picks Amid Moderate Growth"
Atlantic Trust Chief Investment Officer David Donabedian, CFA, appeared on CNBC's Power Lunch to discuss the market's most attractive and most risky areas of growth. «WATCH»

02.18.2016
FOX Business
"Snowball's Chance of Rates Rising Four Times in 2016"
“This is as close as the FOMC will ever come to saying ‘oops’. Economic and financial conditions turned against their view almost immediately after their December rate hike and these minutes confirm that they are now on the sidelines until economic conditions improve and financial conditions ease,” David Donabedian, chief investment officer of Atlantic Trust Private Wealth Management, said following the release of the FOMC minutes Wednesday. «READ MORE»

02.11.2016
Financial Times
"Is It Just Growth Pains Ailing U.S. Stocks?"
“You can point to a lot of reasons but they are symptoms of a bigger problem: a global economic growth deficit and the perceived risk of a global recession,” says David Donabedian, chief investment officer at Atlantic Trust Private Wealth Management. “The impact has been to raise the cost of borrowing, depress equities prices and produce bear markets for commodities and many emerging equities and currencies."

02.05.2016
The Wall Street Journal
"Short-Term U.S. Government Bonds Pull Back on Jobs Report"
“It is too early to rule out any rate increases this year and the jobs report supported that view,” said David Donabedian, chief investment officer of Atlantic Trust Private Wealth Management which has $26.9 billion assets under management.

02.03.2016
USA Today
"Gleaning Economic Clues From Jobs Reports"
“Investors need to see more signs the economy is stabilizing or improving,” says David Donabedian, chief investment officer of Atlantic Trust Private Wealth Management. “If Friday’s jobs report is a dud (fewer than 100,000 new jobs), this would foster increased worry that a worldwide economic slowdown will tip the U.S. economy (into recession). A strong result — over 200,000 — would be an endorsement of the view that the U.S. consumer is in good shape.” «READ MORE»

02.03.2016
Massachusetts Lawyers Weekly
"For Family Business Owner, 'What Next' Takes Careful Planning"
Joshua Miller, CFP®, senior wealth strategist for Atlantic Trust, contributed an article about passing down the family business to the next generation. "Rarely is the status quo the answer," he wrote. "Rather, the answer to 'what next?' is thoughtful, long-term planning to address the many issues of family business succession." «READ MORE (PDF)»

01.31.2016
The Wall Street Journal
"The Biggest Mistakes Executors Make"
Executors sometimes don’t realize that assets—tangible and intangible—belong to a new entity, the estate, as of the date of death. It’s the executor’s responsibility to keep the assets safe while arrangements are made to distribute them according to the decedent’s plan, says Paulina Mejia, managing director and head of wealth strategies at Atlantic Trust in New York.

01.28.2016
FOX Business
"Weak 4Q GDP Will Fuel Recession Fears"
David Donabedian, chief investment officer of Atlantic Trust Private Wealth Management, said jittery investors will be closely watching Friday’s GDP report. “If the reading is close to zero, that would be poorly received and feed the recession scare,” Donabedian said. «READ MORE»

01.24.2016
Bloomberg Business
"U.S. Stocks Slump as Oil Resuming Rout Fuels Debt, Gold Demand"
“It’s the same old stuff today, the market’s being driven mostly by oil,” said David Donabedian, chief investment officer of Atlantic Trust Private Wealth Management, which oversees about $27 billion. “I don’t think that relationship is justified. I’m not as convinced that it’s a great indication of where the global economy is headed and therefore where the stock market is headed, but obviously a lot of the investment universe disagrees.” «READ MORE»

01.20.2016
FIRMA Forum
"Operational Risk Management: New Products and Offerings"
Atlantic Trust Chief Risk Officer Lisa Garcia's article "Operational Risk Management: New Products and Offerings" was published in FIRMA: "Very few businesses can escape the need to innovate, change or grow in order to remain competitive. Business leaders must be tuned in to clients’ demands, offerings by competitors and the regulatory environment that governs the business. Understanding that if the leaders of a business don’t provide the solutions then someone else will, the response may be a new product or offering."

01.18.2016
Bankrate
"2016: Investors Beware?"
Brent Fykes, managing director for Atlantic Trust in Florida, offers some perspective and insight on how to react to 2016's rocky start. Should investors worry about the price of crude oil and China's economy? The short answer is yes, according to Fykes, but only for the near term. "Both have caused a significant increase in volatility of the capital markets," he said. «READ MORE»

01.14.2016
MarketWatch
"Economic Growth Not Expected to Reach Past Cycles"
“We are still in a 2% world,” said David Donabedian, chief investment officer of Atlantic Trust Private Wealth Management. «READ MORE»

01.11.2016
Atlanta Journal-Constitution
"Winning the Lottery: A Gazillion-Dollar Buzz Kill?"
"Atlantic Trust managing director and senior relationship manager Barry Berlin shares his tips for would-be lottery winners in the event that they win the big prize. «READ MORE»

01.11.2016
CNN Money
"Brace For a 'Rare' Recession in Corporate Profits"
"Despite our expectation of a fairly low profit trajectory, we believe it is sufficient to allow the bull market to continue," David Donabedian, chief investment officer of Atlantic Trust Private Wealth Management, wrote in a report. «READ MORE»

01.08.2016
Private Asset Management
"Top Performer"
Cathy Schnaubelt, managing director and senior wealth strategist for Atlantic Trust, bylined the Private Asset Management magazine article “Top Performer,” in which she describes the firm's approach to understanding clients' complex family needs.

01.08.2016
Reuters
"Robust U.S. Payrolls Brighten Economic Outlook"
"It gives us a short-term shot in the arm and pushes back the idea that we are headed for a global recession or that weakness in China will sink our economy," says David Donabedian, chief investment officer at Atlantic Trust Private Wealth Management in Baltimore. «READ MORE»

01.08.2016
The Wall Street Journal
"Dow Drops, Sliding at Close to Cap Worst-Ever Start to Year"
“We’re still in a bull market, but it’s going to be a tough slog,” said David Donabedian, chief investment officer of Atlantic Trust Private Wealth Management.

01.07.2016
CNN Money
"Why Investors Should NOT Panic"
"We expect domestic demand in the U.S. to remain reasonably healthy – a very important variable for corporate revenue growth," says David Donabedian, chief investment officer at Atlantic Trust. «READ MORE»