Value’s Big Surge – Has It Gone Too Far?
March 25, 2021
You may remember us writing about “The Return to Value” in our December 2020 Wealth Watch. In that edition, we mentioned the developing rotation from high-flying growth stocks to value companies. That trend continues today in strong fashion. The question is, can it last? History suggests it certainly can. The Value Premium You hear us […]
SPAC Attack!
March 11, 2021
Over the past year, a new trend in taking firms public has garnered incredible momentum. The Special Purpose Acquisition Company (SPAC) has become a popular way to bring a company public. These so-called “blank check” companies raise capital from investors with the expectation that they will later find an attractive private company to bring public […]
Gifting Stock Options to Family Members – What You Need to Know
March 2, 2021
Stock options have long been an attractive component of executive compensation. Sometimes we are asked if it is possible to transfer employee stock options to family members as part of an estate reduction strategy. It’s an interesting question and possible under certain circumstances. For executives that know they have enough to meet other goals and […]
A New Normal for Bond Investing
February 25, 2021
The days of bond investing being as exciting as watching paint dry are long over. Once the predictable and boring part of an investment portfolio, bonds have been anything but since 2008. In the thirty years prior to the financial crisis, one could fall out of bed and make a decent return on their bonds. […]
Cash Balance Plans – What’s in It for Me?
February 23, 2021
Now that the political picture has come into sharper focus, many investors wonder what they should be thinking about in terms of tax planning. While the Biden administration has yet to roll out specific tax-related priorities, most observers believe that some tax reform is forthcoming. With that in mind, what should attorneys be thinking about […]
Diving Into Debt
February 11, 2021
While not yet passed, additional stimulus to the tune of over $1 trillion is on the horizon. This brings up the question: Should we be worried about the U.S. deficit? The deficit, the difference between the government’s expenditures and its revenues, was a concern for many even before the pandemic stimulus bills were enacted in 2020. […]
The Reddit Rampage
January 28, 2021
The markets have gone crazy again, at least on a small scale. A handful of stocks, known by some as Reddit stocks, have exhibited absolutely phenomenal performance as of late. You can see this below: While the above is certainly not all of the impacted stocks, it includes the highlights and, of course, the […]
Presidents, Pandemics, and Portfolios
On Thursday, January 14, 2021 we were glad to be joined by so many of our clients as we hosted the first part of our two-part Annual Client Event. The presentation, Presidents, Pandemics, and Portfolios: A Year (feels like a decade) in Review, was a great conversation led by our co-CIO’s Mark Balasa and Chad […]
The Reflation Trade: What Is It?
January 14, 2021
As calendars have turned to 2021, headlines have trumpeted the “reflation trade.” This is not new. Talk of reflation is very common as markets rebound from a major pullback. Even so, it’s been a while since our last major downturn, which may beg the question, what is reflation, and what does the reflation trade mean […]
Top 3 Year-End Planning Tips for Lawyers
December 29, 2020
As I’ve spoken with many lawyers throughout 2020, I’ve been impressed by how resilient most law firms have been. Most lawyers have seen their firms hold steady, and some have even seen growth in 2020. I consider that an amazing testament to the long-established truth that nothing of any importance gets done without the input […]
Driving into the S&P – What Can We Observe from Tesla’s Addition?
December 23, 2020
Before the market opened up Monday, there was a splash. Tesla, a company worth more than $600B, was officially added as a behemoth to the famous index. And, behemoth is not overexaggerating. Keep in mind, the next largest car company by market cap is Toyota, with a market cap of a little over $210B. Ford, […]
The Return of Value
December 10, 2020
In what has been a turbulent year (to say the least), the one constant in the investing world seemed to be the continued outperformance of large growth stocks (and the big-name tech stocks specifically). Historically, research indicates value stocks have the highest returns, but the last 10 years have told a different story. In the […]