Family Office: Best Practices for Successful Families
Establishing a family office is a holistic family wealth management solution Traditional models of wealth management focus solely on the portfolio. This model is flawed, however, as it doesn’t take into account the entire family picture. Seventy percent of family wealth doesn’t transition to the next generation due to a lack of both preparing the […]
Whittier Trust Presents: Good Health is the Ultimate Wealth
Cancer prevention tips from experts at the USC Norris Comprehensive Cancer Center Whittier Trust partnered with USC Norris Comprehensive Cancer Center to provide exclusive access to a panel of four cancer experts, thanks to our longstanding relationship with Keck Medicine of USC. During this ask-the-experts webinar, the panel shared the latest research on urological, gynecological […]
Market Insights – Fourth Quarter 2022
Foreign Contagion Risks and the Policy Path The U.S. economy continues to show remarkable resilience in the face of stubbornly high inflation and tighter financial conditions. Core inflation, which is more influenced by the sticky components of rents and wages, remains elevated even as headline inflation recedes at a glacial pace. The Fed has already […]
Whittier Trust Promotes Dean Byrne to Nevada Regional Manager, Senior Vice President, Senior Portfolio Manager
Whittier Trust Company promotes Dean Byrne to Regional Manager of Whittier Trust Company of Nevada, Senior Vice President, Senior Portfolio Manager. In addition to his new duties as head of the Whittier Trust Reno office, Dean manages equity, fixed income, and alternative assets for high-net-worth individuals and foundations. Dean advises clients on issues such as […]
Tax Efficient Investment Management
Navigating deferral of gain on QSBS When you’re growing a legacy, it’s only natural to want to preserve as much of your hard-earned wealth as possible. From exploring the best investment options to the tax-efficient funds that suit your overall goals and much more, prudent financial advisors make it a priority to consider any and all options […]
Mission: Philanthropy and Planned Giving
Bringing the philanthropic goals of the past and present generations together Many Whittier Trust clients have a family foundation that has been in existence for multiple generations. The foundation may have been set up by great-great-great grandparents who determined its mission and values. Fast forward three or four generations and a lot has changed. The […]
Trust Services: Foundation Administration
What an executive director needs for success behind-the-scenes Oftentimes families appoint a family member to be the executive director of their foundation. This is perfectly legal and makes sense, as that person can be the voice of the family, promote the mission of the foundation within the community and surface appropriate grantmaking opportunities as part […]
Our View
The Policy Path Ahead It is rare to see two consecutive weekly declines of –5% in the stock market. We have unfortunately witnessed this negative outcome in the last two weeks. And sentiment remains bearish through this week as well. We share some thoughts on the –11% decline in the S&P 500 index since September […]
Whittier Trust Welcomes Julie Nesbit to Board of Directors
Julie Nesbit joins Whittier Trust Company’s Board of Directors. Julie recently retired from Whittier Trust after serving for 12 years as Executive Vice President and Executive Director of Philanthropic Services in South Pasadena, California. In addition to Julie’s new position as a Director of Whittier Trust Company, she is a Trustee of the California Science […]
Whittier Trust Welcomes Andrew Paulson as Vice President
Whittier Trust Company hires Andrew Paulson as Vice President, Real Estate in South Pasadena, California. As Vice President, Andrew Paulson is responsible for directing and overseeing real estate portfolios for Whittier Trust clients and servicing their real estate needs. This includes acquisitions, dispositions, financing, leasing, and sourcing real estate investment opportunities. He also works to […]