3 Steps for a Generational Transition of the Family Business
As the oldest Multifamily Office headquartered in the West, we bring decades of experience helping families transition their businesses to the next generation. Over the years, we’ve identified several commonalities among families that have successfully navigated a family business transition. The following three concepts we believe are essential: 1. Create a family office to organize […]
The Employee Experience at Whittier Trust
A Journey from Internship to Full-Time Excellence At Whittier Trust, our clients are the core of all we do. We’re dedicated to delivering a tailored wealth management experience that prioritizes our clients’ families, estates, and legacies. To achieve this, we assemble exceptional teams around our clients, comprising top-tier professionals and talent cultivated through our robust internship […]
Impact and Reward: Strategic Year-end Giving
Strategic year-end giving is a win-win for all. Many people are philanthropic all year long—from volunteering with a favorite charity to donating when a disaster occurs. However, as the calendar creeps toward the end of the year, philanthropic individuals are reminded of the financial planning benefits of giving. While year-end is typically the most generous […]
Market Insights – Fourth Quarter 2023
Rising Interest Rates The speed and magnitude of economic developments in recent years have been nothing short of remarkable. The last four years have felt like one endless sequence of unprecedented events in rapid succession. 2023 has been almost as extraordinary as the previous three years. Much like the spectacular spike in inflation, the pace […]
It’s a Great Time to Be a Liquidity Provider
If you have cash on hand to invest, now is the time to capitalize On the surface, it might look like a less-than-ideal time to invest. Equity markets have been on the rise and no one—especially savvy investors—wants to overpay for an investment. Even though more traditional assets may seem expensive, there is cause for […]
Whittier Trust Welcomes Sharon Perlin, New Senior Vice President
Whittier Trust hires Sharon Perlin as Senior Vice President and Client Advisor with their Seattle and Portland offices. Sharon brings to her new role five years as a Senior Fiduciary Advisor for Wells Fargo Private Bank, and one year as a Trust officer for Bank of America Private Wealth Management. Prior to wealth management, Sharon […]
Are You Vulnerable to Cyber Attacks?
Spoiler Alert: Most People and Businesses Are There was a time when we simply locked our doors, installed high-tech security systems and were careful about where we invested our money, and that was enough to make us feel safe. However, in this increasingly digital world, cyber attacks—that is, maneuvers that target information systems, computer networks, […]
Finding the Right Trustee Is Like Summer Wine Tasting
It Helps If You Know What You’re Looking For If you love a good wine, then you know the feeling of finding the exact varietal or blend you want—the satisfaction of identifying traits you prefer, then uncorking one that hits just the right notes. Imagine that first pour at your favorite Napa Valley destination or […]
5 Consumer Trends to Keep an Eye on for the Long Term
Teague Sanders, Senior Vice President and Senior Portfolio Manager It’s an interesting time to be an investor. Artificial intelligence is making its mark on the world in continuously more profound ways. The Federal Reserve has increased interest rates from virtually zero to over 5% with a goal of tamping down inflation. As growth in the U.S. […]
Whittier Trust Presents: Our Investment & Economic Outlook
A considerable amount of market uncertainty has dissipated in recent weeks along the lines of our projected investment theses. Disinflation has unfolded at a faster pace than many had expected. At the same time, economic growth has also exceeded expectations. The odds of a recession have receded for many investors, while others believe that the […]