Evercore Wealth Management
As the cost of an education at a private college continues to outstrip inflation1, funding a 529 plan can make good sense. However, investors will want to first examine both the tax advantages and the constraints, as well as the…
Longevity may be the greatest dividend of wealth. At the same time, sustaining a longer life requires greater wealth. Confronting this paradox requires thoughtful planning and investing. Outliving assets is the top financial concern of high net worth and even…
Securing and transferring even the most complicated assets has been relatively straightforward – and exceptionally rewarding – over the past 10 years. That was then. The landscape now looks very different, with lower return expectations, rising interest rates, and a…
Editor’s note: This is an extract from a briefing sent in early October to Evercore Wealth Management clients. Planning is tailored to the unique circumstances of each individual and family. Please contact your wealth and fiduciary advisor to discuss these…
The nearly decade-long bull market has fueled about $2.3 trillion in unrealized capital gains. New legislation means that investors can qualify for a tax deferral and even tax-free appreciation by reinvesting these gains. The question is, will the investments be…
About two-thirds of the six million small businesses with employees in the United States are owned by Baby Boomers, according to U.S. Census data. However, if history serves as any guide, no more than 30% of these businesses will be…
Financially successful young people have it all: money, fame, talent and youth. But many soon find themselves struggling to make ends meet. Sports Illustrated estimated a while ago that 78% of NFL players experience financial hardship within two years of…
Investing is supposed to be a mental exercise: using facts and figures to forecast risk-adjusted returns for different asset classes, poring over income statements to gauge the prospects of one company’s stock over another’s, and so forth. We’re only human,…
Wealth management has long been ripe for disruption. It’s a fragmented and often opaque market, and no institution has – or ever will have – universal appeal. So how can a prospective client find the right fit, or how can…