Evercore Wealth Management
The latest edition of Independent Thinking, published by Evercore Wealth Management and Evercore Trust Company, is now out. Our focus here is on the secrets of successful families in transferring wealth to children and grandchildren. We also look at the…
You may have heard the proverb “shirtsleeves to shirtsleeves in three generations,” but did you know that Italians say that families go “from stalls to stars to stalls”; Chinese caution that “wealth never survives three generations”; Mexicans warn of “first-generation…
Stress tests can actually take the stress out of our biggest, most complex tests. That’s how regulators evaluate financial reserves, community organizations prepare for disasters, and doctors and trainers measure how healthy we are. It’s also how families can prepare…
Baby Boomers have it pretty good. By and large, we’ve enjoyed high and full employment, exciting technological advances and extraordinary asset growth. And the best may still be to come, as affluent Americans live longer and heathier lives. Many of…
The 19th-century philosopher Auguste Comte is often credited with coining the aphorism “demography is destiny.” If so, he had a point. Certainly, shifts in populations – caused by births, deaths, and immigration – can herald transformative societal and economic change.…
It’s been almost 25 years since a Japanese economist, Kathy Matsui, put forward the concept of “womenomics” as an antidote to sluggish economic growth. The concept, rooted in a belief in gender equality, was that full female participation in the…
Here’s an American story. My mother and my wife’s mother, both children of immigrants, had seven Baby Boomer children between them. Five of the seven Boomers were women who produced nine Millennials, five of whom are women now ranging in…
Evercore Wealth Management is again ranked among the leading Registered Investment Advisors (RIAs) for 2023 by Financial Advisor (7/14/23).
John Apruzzese, Chief Investment Officer, and Partners and Portfolio Managers Tim Evnin and Charlie Ryan, discussed our market outlook, including a special focus on equities.