By Martha Post, CFA | Principal, Chief Investment Officer
Many people are interested in an ongoing assessment of PIMCO and PIMCO funds, given the developments within the firm over the past year and the attention it has garnered in the media. The recent Wall Street Journal article, “Pimco Total Return Fund Outpaces Most of Its Rivals,” may come as a surprise to those who have been reading PIMCO’s press.
By Sheila Handrick, CFP® | Consultant
Recently, a client contacted me and inquired about donor-advised funds (DAFs). She asked whether this type of account made sense for her situation. DAFs have grown in popularity over the past few years, but many people are unfamiliar with how they work.
I decided to use my client’s inquiry as an opportunity to expand my own understanding of these tools, and how they can help investors enhance their charitable giving.
By Roger Hewins | President
We are not quite there yet, but we are getting close. The NASDAQ index, often considered a proxy for technology stocks, closed above 4,950 last week, the highest it has been since the tech bust began in March 2000. Seems like yesterday, but my goodness, that was almost 15 years ago.
Click here for more information on charitable giving and philanthropy.
In what is expected to be the greatest wealth transfer in U.S. history, researchers estimate that $59 trillion will be passed down between generations over the next half-century, with $6.3 trillion gifted to charity.1 And, according to recent trends, small, family-based foundations will drive a large portion of that philanthropic giving.2
By Thuong Thien, CFP® | Consultant
The prominence of socially responsible investing (SRI), which incorporates environmental and social issues into investment analysis and decision-making, has expanded significantly over the past two years. Between 2012 and 2014, SRI assets under management (AUM) in the U.S. expanded from $3.74 trillion to $6.57 trillion, respectively, an increase of 76 percent.1
Over time, advances in research and technology have enhanced our ability to collect data on companies, broadening the scope of many SRI strategies. It is increasingly easy to reflect your values in your investments without sacrificing the underlying investment approach. These are very exciting times indeed. But before you determine whether SRI is right for you, let’s revisit a few fundamental investing principles, which are important whether you engage in SRI or not.
By Roger Hewins | President
Last Friday was January 9, 2015. Brent Crude — the price of North Sea oil and the most widely used benchmark1 for pricing oil around the world — closed below $50.2 Last June, it was worth $112. I think this qualifies as a collapse in oil prices.
By Amanda Liberatore | Marketing Copyeditor
It’s a new year, which means it’s time to reflect on past priorities and establish a plan for the months ahead — particularly from a financial perspective. To ensure you stay on track to meet your goals in 2015, there are five important law changes you need to keep in mind:
An aging population and an uncertain investment environment mean that investors, more than ever, need professional, objective financial advice. According to a 2013 Society of Actuaries Survey, almost half of pre-retirees and more than half of retirees fail to consult a financial advisor.1
To help recognize the work that financial advisors do and provide valuable resources to investors of every experience level, our firm participated in the inaugural National Financial Advisor Week (NFAW) in Times Square, New York City. Our Consultant Karl Schwartz served as a speaker for the “What Can a Financial Advisor Do for Me?” panel, which took place on Wednesday, September 17.
Scroll down to read a personal account from Karl discussing his participation in the event and reflections on his experience.
By Ilana Polyak | Financial Planning Magazine
The following is a reprint from Financial Planning Magazine’s October 2014 issue.
At Tolleson Wealth Management in Dallas, CEO Richard Joyner is always on the hunt for new talent to add to his stable of wealth managers. As with many of his peers, Joyner’s firm was having a hard time recruiting seasoned professionals.
A few years ago, however, the multifamily office, with $4 billion under management, switched course.
By Ann Marsh | Financial Planning Magazine
The IRS has released its new contribution levels for tax-deferred savings plans in 2015 — and the higher dollar figures may mean more to clients right now than in other years.
That’s the message from CFP/CPA Karl Schwartz, a Miami-based advisor with Hewins Financial Advisors, who chalks the greater impact up to slow wage growth.