Robert Levy Named Director of Investments at Whittier Trust
Whittier Trust, the oldest multi-family office headquartered on the West Coast, is proud to announce that Robert L. Levy has been elevated to the role of Director of Investments for Whittier Trust Company of Nevada, Inc., as a reflection of his continued dedication and contributions to the firm. In this new role, Robert helps oversee the company’s investment strategy, […]
Nasdaq Weekly Guest Spotlight: Sandip Bhagat
Whittier Trust Chief Investment Officer, Sandip Bhagat, was recently featured in the Nasdaq Trade Talks Weekly Guest Spotlight. His professional insights and analysis of the current state of the U.S. Market were provided in an Interview format: Coming into this year, there was speculation of a potential recession. Why do you think the economy has been […]
Don’t Wait For The Sunset
The November election will impact whether the 2017 Tax Cuts and Jobs Act expires as scheduled, but the time to act is now. Ultra-high-net-worth individuals (UHNWIs) are anticipating the sunset of the 2017 Tax Cuts and Jobs Act (TCJA), which is set to expire at the end of next year. The TCJA was enacted to address […]
Tax Alert: Washington Capital Gains Tax Update
Washington State’s New “Excise” Tax A Google search today for “states without an individual income tax” will yield numerous articles on where to retire and will invariably list the following nine states: Alaska, Florida, Nevada, New Hampshire, South Dakota, Tennessee, Texas, Washington and Wyoming. Well, as of 2023, some high-net worth taxpayers might argue that […]
Maximizing Your Legacy: A Look At Minimizing Estate Tax Liabilities
The specter of estate taxes can loom large for ultra-high-net-worth individuals. For those with an estate in excess of $13.61 million (or couples with a combined estate in excess of $27.22 million) in 2024, this tax can significantly reduce the amount of wealth passed on to heirs, making it crucial for families to take proactive steps in […]
Life, Death, and Taxes
Strategic preparation helps ensure your family won’t be caught off-guard. Benjamin Franklin knew a thing or two about many topics, including, as it turns out, estate planning. As he famously warned, In this world nothing can be said to be certain, except death and taxes. If you’ve diversified your investments, stayed up to date on insurance coverage, […]
Whittier Trust Office Recognized as the #12 Best Place to Work in Los Angeles
Whittier Trust Celebrates Third Consecutive Year on the Los Angeles Business Journal’s Top 100 Workplaces List. For the third year in a row, Whittier Trust has been named one of L.A.’s 100 Best Workplaces by the Los Angeles Business Journal. Whittier Trust was proud to be recognized at the 18th Annual Best Places to Work Awards […]
Ensuring a Smooth and Successful Transition of the Family Business
Five key questions to ask your advisor if you’re mulling an exit. In my role at Whittier Trust, I’ve seen firsthand how critical it is for ultra-high-net-worth individuals (UHNWIs) to have a well-thought-out exit strategy for their family businesses. Despite the intensive planning that typically goes into wealth management, recent research from the Exit Planning […]
Guardians of Wealth: Navigating the Cybersecurity Landscape in Family Offices
In an era where digital threats are a constant worry, cybersecurity has emerged as a critical concern for family offices entrusted with managing substantial wealth on behalf of affluent clients. Despite the financial stakes and heightened awareness of cyber threats, a concerning gap persists between the recognition of risks and the implementation of robust defense […]
Market Insights – Third Quarter 2024
The Big Central Bank Dilemma The U.S. economy and capital markets continued to surprise investors through the first half of 2024. The year began with high hopes that the rapid disinflation of 2023 would continue in an orderly and uninterrupted manner. This in turn spurred optimism that the Fed would be able to cut rates […]