News and Commentary
Stay up-to-date and in-the know about every aspect of your financial picture.
September 16, 2023
Tax & Estate Planning Virtual Seminar
Whether it’s the possibility of tax laws changing soon or recent updates impacting inherited retirement accounts, there’s a lot to consider when it comes to tax and estate planning. Join us for this exclusive virtual seminar where we will explore what to do before the 2017 Tax Cuts and Jobs Act sunsets, estate & gift planning strategies, charitable gifting, and income tax planning opportunities, as well as new provisions in Secure Act & Secure Act 2.0, types of beneficiaries and the new 10-year payout, using trusts as beneficiaries, and incorporating Secure Act & Secure Act 2.0 within your financial plan.
September 05, 2023
Evaluating Your College Savings Withdrawal Strategy
If you have a high school senior who will be attending college next year, you’ll need to start withdrawing from your college savings account(s).
Research & Insights
Access our latest research and insights covering market news, financial planning topics, and more.
July 2023 - Quarterly Update
Friends,As I suggested in January, we were heading into the 3rd year of the 4 year presidential term. This tends to be the strongest year historically in the markets and we have been seeing it. Regardless of what all the short-term focused timers on CNBC have been saying all year, the S&P 500, Technology sector, and global stocks have had a strong first half. Although the S&P 500 finished the first half up over 16%, it’s been mostly the technology sector that has driven this gain.(Many don’t recall that the technology sector had big losses in 2022 and thus needed to rally to make up for those losses.) Interestingly, the average stock in the S&P 500 is only up about 6%. For this market to go higher in the near term, we should see the “rest” of the market and dividend stocks catch up. We will continue to rebalance our portfolios when needed and help meet your personal planning goals. See this for more detail on the quarter: hereSWM NEWS:Jeff’s daughter, Caroline, graduated from NYU with an art history and photography degree. They had a nice time seeing Yankee stadium for the graduation, catching a comedy show, and enjoying the food in NYC.
April 2023 - Quarterly Update
What a quarter it was with some tough headline noise…a bank failure, earnings declines, and the Fed raising rates. With all that, our diversified portfolios had a nice quarter and we picked up some gains in the international, bond, and tech areas(unexpected). As I’ve mentioned to you in our calls and emails, this year in the 4 year presidential cycle tends to be the best and we rarely have 2 negative years in a row. It still remains to be seen how much of a recession we will have and it’s effect on corporate earnings and the Fed’s next move. It’s been a test of patience for all of us for nearly 18 months and our team is grateful for your long term focus. See this for more detail on the quarter: here SWM NEWS:We are pleased to introduce Danielle Santerre, replacing Allison, as our new Private Client Associate. She can be reached at email@example.com or 404-926-2010(same number as before). She brings 24 years of banking experience from Truist and Suntrust bank. She is very active in the community and currently active with the Women’s Interactive Network with Janney. She enjoys traveling, exercising, and spending time with her family and is the proud mom to three daughters that are currently students at Florida State and Georgia Southern University.
Mark Luschini shared his 2023 Market and Investment Outlook
What a treat to have our firm’s Chief Investment Strategist