Over the years, we have learned that this industry is very cyclical. Certainly, we mean cyclical in the big picture way of swings in market and economic success. But also cyclical in activity. For example, we always know the month before [...]

Last week, we spent considerable time talking about end-of-year planning – both in portfolios and for clients’ personal financial plans. This led to several good questions coming from clients about their personal goals, and some additiona [...]

Happy Thanksgiving! We hope you had a wonderful holiday. While many families were not able to get together as they normally do, the Thanksgiving holiday is still one of our favorites around here. Beyond the great food, family, and footbal [...]

It’s been a year, hasn’t it? Some time ago, at the end of the 2015, we wrote a year end memo for clients. The memo was organized by month and walked through all the major events of the year and how they impacted portfolios. Can you imagin [...]

This week we are going to do something we have not done in a while. We are going to write a memo (largely) devoid of discussions of politics or COVID-19. We are sure this will not last…but it sure feels good right now! All the talk of the [...]

There is undoubtedly a subset of folks reading this memo today who were frustrated by the election. There is another subset who are excited. But as we have talked to clients this week, the overwhelming response has been some version of th [...]

We had grand designs of waking up this morning and providing you with a detailed memo outlining the outcome of the Election, what it meant for the path forward for portfolios, etc., etc. Yeah…not yet. 2020 continues to be the gift that ke [...]