Commentary and Research Papers
August 19, 2025
2024
August started off in tumultuous fashion, continuing a volatile summer season after a very eventful July. In July, we saw dramatic developments on the political, financial and geopolitical fronts, and investors were hoping for calm markets in August as they headed to the beach. But it was not to be.
Read MoreRead MoreWatch NowCommentary and Research Papers
August 19, 2025
2024
Since the beginning of the year, we have been expecting (hoping) for a rotation from momentum to value stocks, and July delivered the reversion to the mean trade with a bang. The Pinnacle Small Cap Value Portfolio composite came in above the Russell 2000 Value and the Russell 2000 Indices for the month.
Read MoreRead MoreWatch NowCommentary and Research Papers
August 19, 2025
2024
July was a very eventful month, with dramatic and unprecedented developments on the US political front, a potential sea change in the financial markets, intensifying geopolitical tensions and the continued obsession with the Federal Reserve Board’s next moves.
Read MoreRead MoreWatch NowCommentary 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.
Read MoreRead MoreWatch NowCommentary and Research Papers
August 19, 2025
2024
The US equity market has exhibited exceptional strength over the past decade, delivering a cumulative total return of 236.2% for the S&P 500 as of May 21, 2024. Those fortunate enough to hold one of the top ten holdings in the index have seen an even more lucrative median total return just shy of 1000%, largely due to share price appreciation. However, with such gains come new burdens, whether it be a concentrated portfolio in need of diversification or sizable sales-related tax liabilities.
Read MoreRead MoreWatch NowFinancial Planning
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.
Read MoreRead MoreWatch Now
Founded in 1984, Pinnacle Associates, Ltd. is a forward thinking, multi-billion dollar investment advisory firm focused on transparency and putting clients first. We provide advice to individuals and families, institutional investors and other financial institutions.
