Firm News

Family Wealth Report Recognizes CIBC Atlantic Trust with Private Client Investment Platform Award

Eric Propper, CFA
March 17, 2017

Kishore Setty, Paulina Mejia, Kyle Edmonds, and I attended the fourth annual Family Wealth Report (FWR) awards ceremony in New York on March 2 and proudly accepted the Private Client Investment Platform award on behalf of CIBC Atlantic Trust and our investment Team. This is the third consecutive year that CIBC Atlantic Trust has been recognized by FWR , a leading trade publication...
Investments

Federal Reserve Raises Short-Term Rates By 0.25%

Gary Pzegeo, CFA
March 15, 2017

The FOMC voted to increase the target range for Federal Funds to 0.75% - 1.00%. Fed officials had indicated a willingness to move at the March meeting and market odds of a hike were at 100% leading up to today.
G2G Impact

6 Signs 2017 Is the Year to Monetize Your Hobby

Duncan Edwards, CFP®
March 15, 2017

Taking the leap from working at your hobby when it fits into your schedule to making money from that hobby is a significant commitment. However, if you have always wondered if your passion project could actually be lucrative, now may be the time to find out.
Wealth Strategies

Unpacking Your Strategic Philanthropy Toolbox

Judy Saxe, AEP®, CAP®
March 13, 2017

Earlier this month, we were pleased to introduce the first episode in our three-part video series about strategic philanthropy. In Part I, we learned about what it means to be strategic and how to begin to engage in the process. Our series now continues with Part II, in which we will explore some of the most common ways to give and discuss which ones can be more strategic than others....
Firm News

CIBC Atlantic Trust Receives National Recognition at Private Asset Management Awards

Eric Propper, CFA
March 09, 2017

My colleagues and I were pleased to accept two awards from Private Asset Management (PAM) magazine on February 13 at their annual ceremony in New York:
Wealth Strategies

Taking Advantage of Delaware’s Laws on Directed Trusts

Kent Nossaman
March 08, 2017

Delaware has had some significant firsts. For instance, it was the first state to ratify the U.S. Constitution 1 and was one of the first and only states not to impose sales tax 2 . But the firsts didn’t stop there. In 1986, Delaware was the first state to enact a directed trusts decree 3 . The statute authorizes trustees to take investment direction from investment advisers as defined and...
Wealth Strategies

Getting Started Down the Path to Strategic Philanthropy

Judy Saxe, AEP®, CAP®
March 06, 2017

At CIBC Atlantic Trust Private Wealth Management, we are focused on helping our clients not only manage and preserve financial wealth, but also to engage in family legacy planning to determine the purpose of that wealth and the values, goals and history that should be shared across the generations. For many individuals and families, philanthropy is a key component of legacy planning....
Wealth Strategies

Faith. Family. Friends. How a Family's Values Come to Life

Linda Beerman
March 01, 2017

While working with our client families, we have learned that families who are successful at transferring wealth to the next generations adhere to our G2G Impact 3 Principles: they integrate their family wealth planning, they evolve a healthy culture around wealth and they develop the rising generation family members.
Investments

Bigger Things Might Come in Smaller Packages

Bryan Reilly
February 28, 2017

The outlook for small-cap stocks is the most promising it has been in a decade. According to U.S. News & World Report, “Some economists point to small caps as a barometer for the overall health of the U.S. economy. The leadership in this sector is seen as an encouraging sign for the market overall.”
Investments

What’s the Deal with Private Equity? Understanding Private Equity Returns

Dan Criscuolo
February 23, 2017

For some investors, private equity (PE) may be a bit of a mystery. Their only exposure might be a story in The Wall Street Journal, likely titled, “Is this the end of private equity?” While it seems that this article comes out every year, the asset class has been generating attractive long-term performance over multiple investment cycles, and we believe performance will be attractive for years...
Wealth Strategies

Repeal the ACA? Let's First Make Sure We Understand the Impact

Dianne Savastano
February 23, 2017

Changes to the Affordable Care Act now under consideration may very well have a significant impact on our current Medicare system and, as a result, on the coverage provided. I'll explain what this may mean to you in a minute, but first, let's talk about how Medicare began and has evolved over the past 50+ years.   A brief history of Medicare Medicare was signed into law...
Wealth Strategies

7 Conversations You Should Have with Your Financial Advisor

Rogelio Duran
February 22, 2017

It’s difficult to know where to start with a new financial advisor. How do you get started, and what do you tackle first? Even if you’ve had a relationship with your advisor for 20 or more years, it’s entirely possible that there are financial topics you haven’t covered yet. For us, it’s important that you get the most out of your relationship with your advisor.
Firm News

Announcing New Office Heads in Atlanta and New York

Eric Propper, CFA
February 17, 2017

We are pleased to announce that Kishore Setty , CFA, and Scott Thompson , CTFA, were named heads of our New York and Atlanta offices, respectively. A great deal of thought and strategic planning went into these important leadership transitions, and they reflect a commitment to ensuring continuity and consistency with our management team. Atlantic Trust invests in our rising talent...
Wealth Strategies

Once Upon a Time: The Importance of Sharing Your Family Story

Cathy Schnaubelt
February 16, 2017

We all have a story. It evolves daily and grows along with our family. It becomes part of our personal history, and it is important to not only relive those moments for ourselves, but also to share those memories with our children and grandchildren. Communicating these experiences—whether positive or otherwise—connects the past to the future and provides the next generation with insights...
Wealth Strategies

Tax Reform: What, When and How

Ryan Christine Coulson
February 15, 2017

We understand from President Donald J. Trump’s economic agenda that we can expect to see significant changes in several areas of our existing economy. One of his main campaign pledges was to reform tax laws; however, the process to implement these reforms likely won’t take place until the spring. In the Q1 2017 edition of The Advisor , Atlantic Trust’s quarterly magazine, we asked...