2026 PRIVATE WEALTH PERSEPECTIVES NEWSLETTERS

As we move through 2026, nonprofit leaders are navigating an environment that appears steady on the surface but is growing more complex underneath. Growth continues, yet cost pressures persist.

As expected, 2026 has been a study in resilience: inflation and affordability came back to the fore, a new Chair took the helm at the Fed, and the economy appears to have reaccelerated. The black swan event we did not expect, however was the coordinated war in the Middle East, which carried significant consequences for oil and other commodity prices.

While investment performance often dominates financial headlines, one of the most valuable assets for affluent families is often overlooked: liquidity.

For many individuals, families, and business owners, estate planning is not simply about the transfer of wealth at death. Rather, it is a process centered on control, continuity, and the preservation of family intent across generations.

Cash Balance Plan is a type of retirement plan designed to help business owners save significantly more for retirement than they can through a traditional 401(k) alone. While it is technically a defined benefit pension plan, it doesn't look or feel like the old-fashioned pension plans many people think of.

Over the past several days, markets have been digesting the impact of coordinated military action by Israel and the United States against Iran, along with the possibility that operations could continue for some time.