FOMC Commentary – March 20, 2024
March 20, 2024 What Just Happened? By Chief Economist, Jeanette Garretty The just-concluded March meeting of the Federal Open Market Committee (FOMC) ended with an unsurprising statement leaving the target Fed Funds at 5.25%-5.5% and citing a need for more data on inflation before initiating a series of interest rate cuts. The accompanying Summary of […]
3 Questions with Robertson Stephens featuring Managing Director & Principal, Pam Friedman
March 18, 2024 – Chief Marketing Officer Louis Calabrese hosts Managing Director and Principal Pam Friedman, where they discuss divorce planning. They cover why a financial planner is advantageous in the divorce process as well as steps you should take in preparation of filing for divorce. Disclosures Investment advisory services offered through Robertson Stephens Wealth […]
Do You Have a Plan?
March 16, 2024 – As we bask in the warmth of these first days of spring and renewal, we are taking a break from our economic and financial analysis to spotlight the importance of wealth planning. At Robertson Stephens, we like to say that managing a portfolio without a wealth plan is like driving without […]
Robertson Stephens Hits $5 billion AUM, Deepens Presence in the Northeast
The firm welcomes wealth managers, William Thrush and Meghan Rump, in new CT office, 5th office in the Northeast SAN FRANCISCO, March 1, 2024 — Robertson Stephens Wealth Management, LLC (“Robertson Stephens”) has reached $5 billion in AUM and has made its newest addition in the Northeast. The firm welcomes William (Bill) Thrush and Meghan […]
Is the S&P at 5,100 Sustainable?
By John Lau February 29, 2024 – The S&P 500 has surged to all-time highs near 5,100, thanks primarily to the NVDA earnings explosion. That performance reinvigorated AI enthusiasm and that, in turn, helped to propel stocks higher across the board as the rally has continued to broaden out beyond just the Magnificent Seven. With […]
3 Questions with Robertson Stephens featuring Head of Wealth Planning, Mallon FitzPatrick
February 20, 2024 – Chief Marketing Officer Louis Calabrese hosts Mallon FitzPatrick to talk about what you need to do to prepare for the expiration of the Tax Cuts and Jobs Act, gifting concerns and solutions, and why we should look at Roth conversions now. Disclosures Investment advisory services offered through Robertson Stephens Wealth Management, […]
Market Note: Wait, Is Inflation Back?
February 16, 2024 – Data released on Tuesday showed that consumer prices increased by 3.1% in January from a year earlier.[1] Though a decrease from December’s 3.4% number, January’s reading was above the economists’ consensus projection of 2.9%.[2] Investors reacted strongly, sending stocks lower and bond yields higher, though by Wednesday, both markets saw a modest […]
Our Methodology
We strive to deliver a more creative approach to financial solutions in all aspects of our client’s lives. By utilizing our 4E methodology, we aim to share and match the client’s vision, provide a great client service experience, thoroughly evaluate investments and liabilities for all clients, and support our clients if there are any life […]
Bullish Assumptions Updated
By John Lau February 2, 2024 – In my January market letter, I wrote “… I want to start 2024 clearly defining what I see to be the five most important assumptions investors are making right now, because it’s how these events occur vs. these assumptions, and not absolute values, that will determine if stocks and […]
FOMC Commentary – January 31, 2024
By Chief Economist, Jeanette Garretty The FOMC statement released today is, in its language, quite benign. Notably, any language indicating a bias towards hiking interest rates (should inflation pressures return and/or inflation fail to continue to decelerate) has been removed from the statement. Overall, the message of the statement is that the Fed does not […]
2024 Investment and Wealth Planning Outlook Webinar
January 25, 2024 – Chief Economist Jeanette Garretty hosted Chief Investment Officer Stuart Katz and Head of Wealth Planning Mallon FitzPatrick as they discussed the end of 2023 and their outlook for 2024. Disclosures Investment advisory services offered through Robertson Stephens Wealth Management, LLC (“Robertson Stephens”), an SEC-registered investment advisor. Registration does not imply any […]
Q4 2023 Economic Commentary
By Jeanette Garretty, Chief Economist The fourth and final quarter of 2023 saw a resolution of a number of important questions: Would inflation decelerate as hoped? Would the US economy falter? Would the Federal Reserve ever stop raising interest rates? These three questions dominated investor sentiment for much of 2023 and, in keeping with economics being […]