News & Events
In recent years, investors have been fortunate to experience strong returns from equities. With the S&P 500 being up about 70% from this same point five years ago, there’s a lot for investors to be happy about. While being content with a surge in asset values, many investors are facing tough decisions on how to free up liquidity in their taxable brokerage accounts without being hammered by capital gains tax. This brings up the question, how can I free up liquidity while remaining true to my desired asset allocation and limiting capital gains tax?
For our Affordable Family Office clients, tax planning is a year-round activity. 2017 presented us with a unique tax planning opportunity, as we saw tax reform enacted in December. Broadly speaking, this tax reform will both limit deductions and reduce federal tax rates in 2018 & beyond.
Conventional wisdom says that what goes up, must come down. But even if you view market volatility as a normal occurrence, it can be tough to handle when it's your money at stake. Though there's no foolproof way to handle the ups and downs of the stock market, the following common sense tips can help.
We have been sharing with all of our clients for at least 6 months that a technical correction in this market was long overdue. Our primary indicator was that normal volatility in the market has been very subdued and abnormally low. The chart below shows how low downside volatility has been recently compared to history.
Adam Glassberg was quoted in an article posted by Investopedia titled "How Retirees Should Think About Market Corrections" on February 17th. To read the full article, please click here.
Private Wealth Midwest Forum on 8/17/2016 at the University Club of Chicago
Growth and value are two fundamental approaches, or styles, in stock and stock mutual fund investing. Growth investors seek companies that offer strong earnings growth, while value investors seek stocks that appear to be undervalued in the marketplace. Because the two styles complement each other, they can help add diversity to your portfolio when used together.
In 2016, a 20 percent tax on qualified dividends and long-term capital gains for taxpayers with taxable income over $466,950 ($415,050 for single filers) will be in effect for its fourth year. Also, a 3.8 percent Medicare surtax on investment income for taxpayers with AGI exceeding $250,000 ($200,000 for single filers) will be in effect for its fourth year. These changes have made it more even more important to reduce the tax drag on your portfolio. Below are 5 ideas to make your portfolio more tax efficient.
The heightened volatility that has afflicted the U.S. stock market for the past several months points out the potential benefits of active portfolio management. What distinguishes an active investment style from a passive style -- and what benefits may active management provide in a volatile market?