Parametric
How to Create a Personalized Portfolio with Direct Indexing
When it comes to personalized investment strategies, multiple perspectives come into play: the client, the provider and the advisor.
How Direct Indexing Can Make the Difference for Taxable Investors
A year-round focus on taxes can unlock value for investors in higher brackets—and it can help advisors prove their own value.
Ins and Outs of Tax-Managed Charitable Giving
As the year winds down, many investors focus on year-end charitable giving and tax planning. Finding a charity and donating money is the easy part. Taking slightly different approaches to gifting can yield dramatically different results from a tax perspective.
Look at Duration During Fed Rate Cutting Cycles
Volatile interest rates have spurred investment capital into motion. Clients often ask where they should allocate on the yield curve.
What Goes Up, Must Come Down: Mean Reversion in Commodities
Commodity returns are hard to predict, yet all commodities have something in common—prices that tend to return to their long-run average, a characteristic described as mean reversion. For investors, this behavior could offer an exciting opportunity to improve long-term performance potential.
What Is Tax Management?
Taxes can have a major impact on the long-term growth of a portfolio. Find out how continuous, thoughtful tax management can help investors maximize their wealth.
Dispelling Three Election Cycle Myths That Can Undermine Investment Success
Here we dispel three common myths about elections and investments, demonstrating why we think sticking to a long-term investment plan might be a better path to success than trying to predict political cycles.
Two in the Bush: Still Time to Lock in Long-Term Rates
We often write about the opportunity for fixed income investors to lock in relatively attractive long-term rates. And we would argue that investment consultants and financial advisors have no more important charge than to convince their clients to take advantage of this while they still can.
Gradually, then Suddenly: Financing the Nation’s Growing Debt
Elevated budget deficits imply growing US Treasury issuance. Receding demand from central banks could leave more price-sensitive buyers to pick up the slack. Who are the buyers of US government debt, and how is the market responding? In part two of our series, let’s examine Treasury market supply and demand.
Strengthen Your Client’s Core with Direct Indexing
Active management can lead to high portfolio turnover and a higher tax bill. Wealth managers might feel that an active strategy could be too inefficient for clients who are sensitive to taxes. Find out how implementing a core-satellite portfolio with a direct indexing core may improve tax efficiency.
Four Ways to Manage Taxes as Loss-Harvesting Opportunities Fade
For taxable investors, an appreciating portfolio can be a mixed blessing. But regular loss harvesting isn’t the only way to reduce your portfolio’s tax bill, especially as its value rises. We share some important tax-management techniques for the future.
Four Potential Solutions to Concentrated Stock Positions
Many investors hold a concentrated stock position that represents a large percentage—typically 10% to 20%—of their overall portfolio value. Let’s review the risks of concentrated positions and then survey some of the possible solutions.
Gradually then Suddenly: US Debt and Deficits
Ongoing budget deficits linger amid the post-COVID economic recovery. While markets appear unconcerned now, the accumulation of debt may exhaust investor patience. Anxiety about the sustainability of the nation’s debt could escalate with the upcoming elections in November. In part one of our series, let’s look at fiscal policy and Treasury debt.
Midyear Fixed Income Outlook: Solid but Slowing, a Favorable Environment for Fixed Income
Market expectations for Federal Reserve rate cuts in 2024 have shifted dramatically, from six cuts expected at the start of the year, to barely one or two at this writing. Here’s why we think the US economy’s resilience and the year-to-date increase in yields may prolong an attractive opportunity in fixed income.
Midyear Commodity Outlook: Are Higher Rates Masking Tight Inventories?
As we move into the second half of 2024, let’s take a look at a familiar market dynamic that’s often misunderstood in commodity investing: Current inventory levels may be much tighter than futures curves are signaling.