Commentary and Research Papers
August 19, 2025
2024
The unprecedented nature of such a late change in Presidential candidate from one of the major parties – along with the high probability of more twists and turns ahead – will likely contribute to an increase in volatility, which has been quite low for a prolonged period.
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August 19, 2025
2024
In a perfect world, you would know the amount needed for all your young scholars’ educational needs, and you would have that exact figure in a 529 plan. That’s not always realistic, however, as sometimes plans change and it’s hard to predict the exact figure needed for educational expenses. Thanks to the Secure Act 2.0, some of the worries surrounding overfunding 529 plans have been diminished. Starting in 2024, under certain conditions, 529 account holders can transfer up to a lifetime limit of $35,000 to a Roth IRA for the 529 plan beneficiary. But, of course, there are some restrictions and rules surrounding this exciting update.
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August 19, 2025
2024
Major US equity indices put in a mixed performance in Q2, with the Dow falling (1.7%), while major performance contributions from some of the Magnificent 7 stocks helped drive the S&P and Nasdaq 3.9% and 8.3% higher, respectively. Many commentators aired concerns about market breadth as the official market cap-weighted S&P bested its equal-weight variant by nearly seven percentage points in the quarter.
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August 19, 2025
2024
For most, Texas conjures images of cowboys, oil, and barbeque -- not ticker tape and fast-paced securities trading. That could soon change if BlackRock, the world’s biggest money manager, and Citadel Securities, one of the largest electronic trading firms, have anything to say about it. The two financial heavyweights are leading a group backing The Texas Stock Exchange (TXSE), which has raised $120M to launch a 100% electronic trading exchange, with a physical presence in downtown Dallas. The TXSE plans to file a registration statement with the Securities and Exchange Commission (SEC) later this year with a goal of beginning trading in 2025 and listing companies in 2026.
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August 19, 2025
2024
In our Spring 2024 Financial Planning Newsletter, we dive into various financial planning topics that can often accompany serious illness. Inside this guide, you will find essential insights on disability insurance, estate planning, life insurance post-diagnosis and strategies for itemizing medical expenses. We also discuss how these factors can impact your overall financial plan. While it can be difficult to discuss these topics, our financial planning committee continues to emphasize the importance of planning ahead. As always, our team is here to support you in reviewing and strengthening your financial plan - especially during uncertain times.
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August 19, 2025
2024
The S&P 500 notched its biggest Q1 advance in half a decade, rising 10.2%. This marked the index’s fifth gain in the last six quarters and a second straight double-digit quarterly percentage gain. Meanwhile, the Nasdaq narrowly missed what would have been its fourth double-digit percentage gain in the last five quarters.
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