Modera invests in a variety of securities for its clients. These may include mutual funds, exchange traded funds (ETFs), and individual stocks, among others. All of these investments can and do experience significant price pullbacks from time to time. While Modera’s research committee focuses on investments it can hold for the long-term and performs significant due diligence before adding any new positions, price declines still happen. In this article we will discuss how we monitor investment securities and our process when a stock or fund does not perform as expected.
At some point in your life, there is a chance that you will inherit money or assets left from a grandparent, parent, or other family member. When someone that you love passes away, it is an emotional experience and going through the process of inheriting the assets they chose to leave you can add to the rollercoaster of emotions. Before you start making plans, make sure you know how the inheritance can affect your existing financial situation, including your taxes and other financial planning areas. A good place to start is to understand some common sources of inheritance, which we will discuss in this article.
At Modera, our investment philosophy does not include a designated allocation to cash. We believe that our clients’ accounts should be fully invested in a well-diversified portfolio dictated by their specific financial goals. Typically, our cash management strategy is that we maintain a minimal amount of cash on hand, just enough to cover fees and/or trading costs, or to fund any outgoing disbursements that the client takes on a recurring basis.
Historically, annuities have been a controversial topic and often subject to criticism among financial advisors. And, to some extent, there is good reason for this. Annuities have been synonymous with aggressive sales tactics and high fees. But is there ever a case for purchasing an annuity? And what are the options if you already own one?
So let’s get to the punchline first: Markets don’t wait for announcements and smart investors should not focus on headlines.
As the name implies, stock buybacks (also known as share repurchase programs) happen when companies buy back their own shares.
Last week, two of the former leading companies in the cryptocurrency space, FTX, a crypto broker, and its affiliate Alameda Research, a crypto trading firm, filed for bankruptcy.
With the mid-term elections on November 8th, you may wonder if any action needs to be taken prior or in response to the results of which party wins the majority on Capitol Hill. The short answer is no.
Last Friday, the Wall Street Journal published an article by Jason Zweig titled You Don’t Know What You Don’t Know About Your Financial Advisor.
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Secure Act 2.0 – What’s In It For Me?
At the end of December Congress passed a bill (signed by President Biden) authorizing roughly $1.7 trillion in new Federal spending.