Evercore Wealth Management
All families struggle: those facing addiction, autism and other physical, mental and emotional health issues struggle more than most. Wealth can help, but without thoughtful planning it can also create additional challenges.
Howard Cure, partner and Director of Municipal Bond Research, writes about the remarkably bipartisan Infrastructure Investments and Jobs Act (IIJA). The rollout of the IIJA will substantially impact state and local municipalities. Bond investors should pay close attention, especially to…
Evercore Wealth Management is ranked among the leading Registered Investment Advisors (RIA) with assets of $1 billion and over by Financial Advisor.
The latest edition of Independent Thinking, published by Evercore Wealth Management and Evercore Trust Company, is now out. Current economic and market conditions are the focus, including how we assess portfolios using a drawdown analysis. We also discuss thoughtful giving…
In the spirit of transparency, and because we believe it’s the best estimate of portfolio risk, Evercore Wealth Management attempts to show clients an estimated maximum drawdown for their portfolios, from market peak to trough. We start with basic assumptions,…
It still isn’t easy being green. Some environmental and, for that matter, social and governance investing practices are under attack, as regulators and the financial press question the aggressive marketing of ethical principles to attract trillions of dollars in global…
Bear markets are inevitable, painful and, with proper planning, manageable. This is my eighth bear market in my 52 years as a wealth manager. The prior ones averaged a peak-to-trough drawdown of 41% in stocks and 25% in balanced portfolios…
Making significant gifts to loved ones is arguably one of the most fraught wealth management decisions. Emotionally, we need to balance the joy of giving during our lifetimes with a potential loss of control and the prospect of unintended consequences.…
Some early investors in cryptocurrency and non-fungible tokens, or NFTs, have accumulated significant wealth. But the extreme volatility and evolving tax treatment of these assets are good reasons to think long and hard about managing them in the context of…