Commentaries

Timely market commentaries from leading investment firms

7 Smart Tax Planning Strategies for High-Earning W-2 Employees

Tax planning for high-income earners isn’t about loopholes; it’s about leveraging the strategies available to you.

Defense and Discipline: How to Stay Calm in Unruly Equity Markets

A well-planned defensive strategy can position equity portfolios to be resilient in a very harsh market environment.

It’s Complicated

Asia-Pacific will likely be the hardest hit region from a steep increase in U.S. tariffs.

Avoiding Fallen Angels: When Credit Research Matters Most

Downgrades and defaults can detract from corporate bond portfolio performance. Let’s look at how applying fundamental credit research may help reduce these risks.

Chinese Equities: Investing in Stocks That Transcend Tariff Turmoil

A raft of reciprocal tariffs between China and the US could bruise China’s export revenues in the short term. But its domestically focused economic engine and shrinking dependency on US trade should minimize fallout in the long run.

Roth IRA Conversions in Retirement: How to Successfully Minimize Taxes & Maximize Wealth

Many retirees hold substantial assets in traditional IRAs and taxable brokerage accounts. When planning for retirement income and considering your legacy, Roth IRA conversions can be a strategic way to reduce your tax burden and maximize the wealth you pass on to your heirs.

Investing Alongside Change

Risk-assets struggled amidst extremely volatile price action as investors weighed the probabilities of tariffs hitting profits and valuations.

Tariff-Fueled Volatility Reveals Access to Best Ideas

How our open platform of best-of-breed managers allows us to distill complexity in the face of market turbulence by tapping into their collective intelligence.

Tax-Advantaged Accounts: A Powerful Addition to Your Financial Plan

A tax-advantaged account offers certain tax benefits to encourage individuals to save or invest for specific purposes, such as retirement, education or healthcare. These accounts can help you lower your taxable income, defer taxes or avoid taxes altogether if used for qualified expenses.

Outlook on Municipal Bonds: Seeking Opportunity Amid Volatility

A historic sell-off enhances value, with high yields, strong fundamentals, and ample reserves mitigating policy risks.

Q1 Tech Earnings Preview: Tariffs Chip Confidence

As major tech firms like Apple and Microsoft report, they face questions about the impact of tariffs. Q1 results may be discounted, with strength seen as pre-tariff demand.

ETF Market Booms: Record Launches & Sophisticated Strategies

Even with tariff uncertainty, there’s no stopping the engine of ETF creation. More than 288 new ETFs have already launched this year.

Asset Allocation Quarterly: 2nd Quarter 2025

Uncertainty surrounding trade policy is a key driver of our forecast this quarter, which includes an increased probability of a recession.

The Trade-Off in Covered Call Strategies

A fundamental lesson in finance is a security’s price should be the present value of all future cash flows.

Why the Tariff Rollout Spooked the Muni Market

Recent volatility has pushed yields to historically high levels, potentially creating opportunities in municipal bonds, especially for higher-net-worth investors.