News
Determining Property Inheritance Doesn’t Have to be Painful
The ski chalet in Aspen. The mansion in the Hamptons. The family compound that’s hosted generations for the holidays. Although certainly sentimental, these pieces of real estate may not hold the same value to dependents.
Growth Scare … Or a Recession?
As we embark on 2019, investors are still in a daze after a challenging few weeks in the global stock markets. Volatility picked up in early 2018, subsided in the middle of the year and then reached almost unprecedented levels in the fourth quarter. The number of outsized daily and intraday moves in December shot up dramatically and approached all-time highs.
Bloomberg TV: Fed Faces ‘Confusing Times,’ Whittier Trust CIO Bhagat Says
As U.S. markets have sold off, Sandip Bhagat explains how the Fed — with its commitment to raising rates — is not being restrictive to the economy but what might push the central bank to slow its hikes.
CNBC’s Power Lunch: We’ll have a slowdown of growth and earnings in 2019: Pro
Whittier Trust’s Sandip Bhagat joined CNBC’s “Power Lunch” in New York on a day when the major U.S. indices gave up their gains for 2018 to emphasize that slower U.S. growth isn't the end of solid returns for long-term investors.
Decoupling of Global Growth
While we saw uniformly stronger growth around the world in 2017, we now observe divergent regional growth trajectories. On the heels of fiscal stimulus and deregulation, the U.S. continues to dominate the growth story. The rest of the world has struggled to sustain last year’s momentum for a myriad of reasons. We examine the more notable drivers for this divergence below.
Two Physicists Walk Into a Wealth Management Office…
They played geniuses on television, and they’re clearly talented actors, but there’s a big challenge ahead for the cast of the hit TV show The Big Bang Theory: what do they do next? With millions in their respective pockets, the choices are nearly limitless.
Goldilocks Trumps Tariffs
After an abnormally calm and placid 2017 in the global equity markets, a higher and more normal level of volatility has resurfaced in 2018. The year got off to a good start as the momentum from tax cuts pushed U.S. stocks higher by 8% in January. Investor focus shifted in early February to an uptick in inflation, a steady rise in interest rates and talk of tariffs and trade wars. Stock markets corrected by about 10% in February, retested those lows in March and have gone sideways in recent weeks.
Let’s Talk About Nevada
Let’s Talk About Nevada. Thirteen. Ten. Five. That’s not the start of a riddle, but a sampling of some of the West Coast’s state tax brackets. Government coffers are really filling up with an increasing portion of your hard-earned dollars.
Commitment. Communication. Concern. Our Recipe for Building Trust.
Commitment. Communication. Concern. Our Recipe for Building Trust. Warren Buffet says, "It takes 20 years to build a reputation and five minutes to ruin it." For anyone who's had their trust breached by a family member, confidant, or business partner, you know this all too well. Commitment. Communication. Concern. Our Recipe for Building Trust. Warren Buffet says, "It takes 20 years to build a reputation and five minutes to ruin it." For anyone who's had their trust breached by a family member, confidant, or business partner, you know this all too well.