Seven Steps to Involving the Next Generation in Philanthropy
As a parent, it can be challenging to find meaningful ways to integrate your children into your philanthropic efforts. Factors such as age, interests, and financial status all play into how you handle introducing your children to your family’s philanthropic goals. At Whittier Trust, we channel our years of experience into tailored solutions that help […]
Whittier Trust Presents USC Keck: Innovations in Aging Well
Whittier Trust is excited to provide access to a panel of experts from Keck Medicine of USC thanks to our longstanding relationship with the medical center. You’re invited to hear about revolutions in diagnosis, treatment, and tips for optimal and joyful aging. Topics will also include heart health, eye health, and Alzheimer’s prevention. Whittier Trust […]
Whittier Trust Presents USC Keck: Innovations in Aging Well
Whittier Trust is excited to provide access to a panel of experts from Keck Medicine of USC thanks to our longstanding relationship with the medical center. You’re invited to hear about revolutions in diagnosis, treatment, and tips for optimal and joyful aging. Topics will also include heart health, eye health, and Alzheimer’s prevention. Whittier Trust […]
Market Insights – First Quarter 2022
Above-trend Growth in 2022 Introduction The remarkably short Covid recession of 2020 was followed by a rapid and powerful recovery in 2021. Bolstered by massive policy stimulus, global economies and markets were resilient enough to overcome uncertainty from virus variants and inflation spikes. The U.S. economy grew by almost 6% in 2021 in real terms […]
Market Insights – First Quarter 2022
Above-trend Growth in 2022 Introduction The remarkably short Covid recession of 2020 was followed by a rapid and powerful recovery in 2021. Bolstered by massive policy stimulus, global economies and markets were resilient enough to overcome uncertainty from virus variants and inflation spikes. The U.S. economy grew by almost 6% in 2021 in real terms […]
Actionable Ideas: Above Trend Growth in 2022
The last three years have produced some of the most extreme backdrops in the history of global economies and markets. We were still in the midst of the longest expansion ever in the U.S. in 2019. The only cloud on the horizon to disturb the calm back then was the question of when the cycle […]
4 Stages for Developing Good Stewards of Wealth and Family Businesses
The parenting and education we provide our children has a profound impact on their future attitudes towards wealth, money, stewardship, and the family business. We have to consider our approach very carefully, as it must be consistent, thoughtful, and disciplined, not exerting too much or too little control. It is ultimately up to them whether […]
Family Estate Planning: Keeping Your Family Business Legacy
Family businesses represent nearly 90% of American businesses and account for roughly 50% of U.S. employment, yet over 70% of these businesses lack a well crafted succession plan. While most owners like the idea of passing the business down to their children, family-owned enterprises often fail by the time the founder’s grandchildren take over. However, […]
Disruptors of Growth… or Distractions?
Introduction September is a notoriously volatile month and it certainly held true to form in 2021. Stocks sold off during a seasonally weak period of the calendar as market uncertainty grew. The S&P 500 declined by more than -5% from its previous high while the Nasdaq index fell by more -7% from its prior peak. […]
Philanthropy and Impact Investing: A Perfect Match
Philanthropy is the heartbeat of wealth management. It gives investors a chance to align their wealth and their values for a positive impact while furthering the long-term goals they envision for themselves. However, traditionally, only a relatively small percentage of charitable assets available to investors are actually given in service of donor-advised funds, grant-making or […]