In the next 12 months, 71% of Ultra High Net Worth (UHNW) Investors, with more than $5 million in net worth not including their primary residence (NIPR,) plan to invest in equities, up from 52% in 2010. Equities are the top investment pick among the UHNW
Well known celebrities, artists, athletes and entrepreneurs like Steffi Graf, Boris Becker, Ralf and Michael Schumacher seem to be doing it.
As several major central banks shift their focus away from inflation to nominal growth, we believe this spells the end of the decades-long bond bull market, while raising the risk of an outright bear market. In our view, bond-heavy portfolios should manag
Following is a brief summary of those aspects of the Act that we believe are most relevant to our clients in the areas of (i) gift and estate taxes, (ii) personal income tax, and (iii) business tax.