Insights
Where the thinking behind the portfolios gets written down
A Letter to Stakeholders every month since 2020, without a gap — plus videos and articles on the questions families actually raise.
216 published · page 6 of 18
Mission & Vision
Tuesday, February 6th, 11:32 am EST. We are more than one month into 2024 and things are okay. We have survived the faux “Blue Monday,” the stock market is doing well enough to ignore, the job market is consistently strong and the “shared ownership movement”…
Politics, Profits and Portfolios
On January 12th I had the opportunity to attend a meet and greet with Congresswoman and Virginia Gubernatorial candidate, Abigail Spanberger. And I took it! Congresswoman Spanberger is the first person to declare her candidacy for the 2025 election and I…
Family Business and Family Wealth
Belief Advice given to the wealthiest families can be learned, taught and applied to families with less than $100 million dollars. Ultra-High Net Worth Advice How is it that some families are able to achieve and seemingly so many more "fail?" What do…
Washingtonian TOP Financial Adviser 2024
Monday, January 8th, 8:00 am EST. Another year behind us and this time, a proper Santa Clause Rally. After a wild ride, 2023 ended positively for the stock market and your diversified portfolio. 2024’s results are now a year away but the timeline we pay the…
Venture Capital, Private Equity and 2024
Monday, December 11th, 10:03 am EST. November, a month to remember; and as long-term investors, also to forget. November’s gains in the stock and bond markets reversed the October losses, and (approximately) took your statement balance back to July highs.…
Am I Too Old to Save the Planet?
"Forget your perfect offering; just the ring bell that you can ring; there is a crack in everything; that's how the light get's in." None of us is perfect. None of us can do it all. But we all have a bell that we can ring.... we can all do more. Another thing…
Letter to Stakeholders, November 2023
Tuesday, November 7th, 3:53 pm EST. In 2000, I dated a girl from Haifa, Israel. Before we met, she served the mandatory 2 years in the Israeli Defense Forces (IDF). She was a musician but studied law at the University of Cambridge. When she moved to New York…
All Weather Portfolio
Friday, October 6th, 9:34 am EST. Before we write about the month can we talk about the week? Our country made history by ousting our own Speaker of the U.S. House of representatives. Interest rates in the bond markets have risen and the stock market didn’t…
Structured Notes and Rich Men North of Richmond
Friday, September 8th, 2:34 pm EST. It’s all happening now. The TD/Schwab transition has finally happened. Those who were predicting negative returns finally got it right in August (slightly). And we are now prepared to add the benefits of structured notes to…
Tax-Efficient Retirement Planning
"Specifically, we really work with our clients to understand, "What do you need when?" And we don't ever want to have a conversation - you heard a lot in 2008 about having to delay retirement by 5 years; well they weren't working with somebody who was keeping…
Life if Wonderful - Jason Mraz
Tuesday, August 8th, 9:33 am EST. How connected do you feel to the global economy? That’s a question I ask each of you during our family governance process. The most common response is that you feel somewhat insulated from shocks to the financial system. That…
First Generation Wealth
Q: Dear Ask Jason, on your website you note that you serve " First Generation Wealth." From reading your " About You " section I can see that doesn't just mean first generation Americans but also people who are first in their family to make or save 6 or 7…
71 letters · 36 videos · 109 articles