Robertson Stephens Continues Its National Expansion with 4th office in the Mountain States
Wealth manager Tom Bruno joins to establish Jackson, WY office San Francisco, Calif.— November 6, 2023—Robertson Stephens Wealth Management, LLC (“Robertson Stephens”) opens a new office in Jackson, Wyoming, further growing its national presence in the mountain state region. Tom Bruno, joins as Managing Director and Principal, specializing in comprehensive wealth management – including investment […]
FOMC Commentary – November 1, 2023
By Chief Economist, Jeanette Garretty The FOMC interest rate announcement today came in almost completely as expected, holding the Fed Funds policy target at 5.25%-5.5% and no change in the Quantitative Tightening (QT) program which has served to reduce the securities on the Federal Reserve balance sheet by more than $1 trillion. Very little in […]
Why Tech Is Driving the Selloff and What Can Stop This Selloff?
By John Lau, CPA, CFP® October 31, 2023 – The S&P 500 fell to fresh five-month lows last week thanks not to rising yields (they fell), or geopolitical concerns, but instead because of earnings, as the number of companies reporting some sort of “miss” (whether on EPS, guidance, revenue, or margins) continued to grow. Notably, […]
Two Wars. Five Sides. No Winners.
October 25, 2023 – As if the atrocities of the Ukraine War were not enough, we woke up to a new reality this month in the Middle East. The threats of annihilation that Iran, Hamas, and Hezbollah have projected and promoted for decades is a reality in technicolor in the age of social media. I […]
2023 End of Year Wealth Planning Webinar
October 19, 2023 – Head of Wealth Planning, Mallon FitzPatrick, along with Alicia Denton and Vicky Jung discuss end of year wealth planning strategies and how to prepare for 2024 and beyond.
Should You Leave an IRA to a Trust?
As published in Rethinking65 By Mallon FitzPatrick, CFP® There are ample upsides to designating a trust as a beneficiary but it’s not a one-size-fits-all solution. Traditionally, many IRA accountholders designate family members as beneficiaries of their retirement accounts. Naming a beneficiary avoids the probate process and allows a seamless transfer of assets to the intended […]
The Middle East Conflict
by Lauren Sigman, CFP® and Dan Arcos, CFA® October 9, 2023 Summary of the Conflict Early Saturday, Hamas launched an invasion of Israel. There are reports that Hamas operatives used bulldozers to take down parts of the border barrier between Gaza and Israel, catching the Israeli military by surprise. Hamas also launched rockets at various […]
Quarterly Update: Investors Finally Start Believing the Fed
October 6, 2023 – After a decade and a half of ultra-expansionary monetary policy, it’s perhaps not surprising that investors scoffed at the idea that interest rates may not return to the near-zero level we’ve gotten accustomed to. A recency bias likely played a role in this denial, as did the Fed’s reduced credibility after […]
Robertson Stephens Deepens Presence in San Francisco Bay Area
The firm welcomes wealth manager Joe Delaney to its San Francisco headquarters October 3, 2023 – Robertson Stephens Wealth Management, LLC (“Robertson Stephens”) has further expanded its presence in the San Francisco Bay Area by welcoming Lifeguard Wealth, a California registered investment advisor managing over $100 million in advisory assets. Lifeguard’s founder, Joe Delaney, joins Robertson Stephens as Managing Director and Principal as the firm […]
Higher Interest Rates Weigh on Stocks in the Third Quarter
By John Lau,CPA, CFP® October 2, 2023 – The S&P 500 started the third quarter largely the same way it ended the second quarter – with gains. Stocks rose broadly in July thanks primarily to “Goldilocks” economic data, meaning the data showed solid economic growth but not to the extent that would have implied the […]
How Much Pain Will China’s Slowdown Cause? Investing Pros Weigh In.
September 29, 2023 – Chief Investment Officer, Stuart Katz was featured in Barron’s discussing ‘How Much Pain Will China’s Slowdown Cause? Investing Pros Weigh In.’ “The largest U.S. companies are less exposed to the growing middle class of China and its need for consumption than some of the larger European luxury goods companies,” Katz said. “As a result, the […]
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