Private Wealth Perspectives Newsletter

Interest rate cuts were top of mind for market watchers entering 2024. After an aggressive rate hike cycle that saw eleven hikes over a 16-month period from March 2022 to July 2023, the Fed Funds futures began the year pointing to the possibility of as many as seven rate cuts in 2024.

Tax-favored strategies such as Roth IRA and Roth 401Ks, 529 plans, and HSAs (Health Savings Accounts) are essential tools for US taxpayers seeking to optimize their financial planning while minimizing tax liabilities.

In the realm of private banking, where tailored financial solutions meet personalized service, understanding borrowing costs is crucial for making informed decisions.

With the launch of ChatGPT in late 2022, generative artificial intelligence has quickly become one of the most dominant market narratives as the rapid rise in public interest has sparked a gold rush of innovation, investment, and imagination.

If you read any of the “retirement” type publications (basically those aimed at seniors like me), you likely have seen the terms “living trust”, “revocable trust”, “grantor trust”, etc.

Pessimism turned to optimism in the U.S. financial markets as the calendar turned from 2022 to 2023. After enduring inflation levels at 40-year highs, seven rate hikes ...

As you may have heard 2022 was an unprecedented year for investors. The equity markets saw a significant decline that coincided with one of the worst bond markets in recorded history.

We keep hearing about Secure 2.0 (Setting Every Community Up for Retirement Enhancement Act 2019). It brings many changes as well as many questions. It is intended to improve retirement outcomes.

To gain insight into the current policies and practices of the Federal Reserve (the Fed), we first need to look back into recent history and review the series of events that led us to where we are today. As a backdrop to the entire story, it is critical to understand that former Fed Chairman Ben Bernanke was a lifelong student of the Great Depression.

GOOD NEWS! Starting in 2022 IRA and retirement plans required minimum distributions (RMD) will be somewhat smaller. Why might you ask? Because the population’s life expectancy is getting longer, the IRS released new life expectancy tables that will be used starting with the 2022 RMDs.