Kovitz

Are you prepared for the sunset of the Tax Cuts and Jobs Act in 2025? The TCJA nearly doubled the gift and estate tax exclusions, presenting a unique opportunity for High Net Worth Individuals (HNWIs) to transfer more wealth. But with the exclusion set to expire soon, now is the time to act! Key questions to consider: 1. How will this impact my long-term goals? 2. What is the appropriate amount to transfer? Working with an advisor ensures you and your loved ones are well-prepared for the future. Get our Estate Planning & Tax Update to learn more now! https://hubs.la/Q02MKfhW0

August has arrived, and it's already shaping up to be a remarkable year! Within the past eight months, we've had the pleasure of welcoming six Focus Partner firms to the Kovitz family, with the most recent addition completed today. This growth allows us to extend our reach nationally, enhance our investment and service offerings, and fortify our advisory and operational talent and resources. We warmly welcome the teams and clients of Telemus, Strategic Wealth Partners (SWP), NorthCoast Asset Management , IFAM Capital, TMD Wealth Management, and Relative Value Partners, LLC. Together, we are elevating the Kovitz legacy of exceptional client service.

Kovitz is proud to sponsor the 23rd Annual Golf Benefit “for autistic kids.” The “for autistic kids” foundation "was established to raise funds for the education of autistic kids and research for early detection, prevention, treatment and hopefully a cure to benefit those with Autistic Spectrum Disorders." Thanks Josh, Kendall, Gordie, and Patrick for representing Kovitz. We are proud to support this foundation.

Kovitz proudly announces its inclusion in Financial Advisor magazine’s prestigious lists of top Registered Investment Advisor (RIA) firms. Kovitz secured the #45 spot out of 431 firms in the overall rankings and made a remarkable debut at #13 on the list of the 50 Fastest Growing RIAs for 2024. Kovitz Data as of 3/24. Kovitz did not pay a fee to participate or to market this award. Press | Kovitz | Press | Kovitz Recognized Among Top RIA Firms by Financial Advisor Magazine https://hubs.la/Q02HNb760

The end of the second quarter brought further evidence of a “Goldilocks” scenario unfolding for the Federal Reserve (the “Fed”) with growth moderating and inflation slowing. This scenario holds the potential to provide broader market support, as it creates room for the Fed to cut policy rates. However, both the timing and pace of Fed rate cuts remain contentious for investors. Read the full commentary by Jesse Stumpf, Director, Fixed Income here: https://hubs.la/Q02Hd4Yg0

Hotter than expected inflationary readings rattled stocks in April and sent bond yields to their highest levels since November of last year. Lingering inflation has been the main issue troubling investors as many came into 2024 betting on as many as a half-dozen rate cuts, only to rapidly scale back those bets when the Consumer Price Index (CPI) repeatedly topped expectations. Read the full commentary from Jonathan Shapiro, Principal & Co-Founder. https://hubs.la/Q02H5rZY0

Jason Petitte shares his thoughts on the Fed's delicate balancing act: Over the past two years, the Federal Reserve (“the Fed”) and other policymakers have been navigating a similar, but vastly more complex, problem of pruning back the economy just enough to curtail inflation while both avoiding a recession and planting the seeds for new economic growth in the future. In the popular and financial press, this delicate balancing act is often referred to as the Fed’s attempt to engineer a “soft landing” for the economy. Insights | Kovitz Market Insights 2Q24 https://hubs.la/Q02GYfZw0

Last week, Joshua Pilson, CAIA, had the opportunity to speak on a panel at the Minnesota RIA Summit where he discussed ways of differentiation through culture, tech, and innovation in the RIA space. We want to thank Portfolio Summits for hosting the event and highlight Joshua Pilson for representing Kovitz!

Municipal bonds are a compelling option for high-net-worth investors, offering a combination of tax-advantaged income, capital preservation, and portfolio diversification. Here are some standout features: ✔️ Tax-Advantaged - Interest earned on most municipal bonds is exempt from federal income tax and often state and local taxes. ✔️ High Quality - Lower-risk investments with high credit quality and low historical default rates. ✔️ Capital Preservation - One of the safest credits in the bond universe, especially those with strong credit ratings. ✔️ Portfolio Diversification - Municipal bonds can help to reduce overall portfolio risk with their low correlation to equities. ✔️ Tax-Exempt Income - Provides significant tax savings, enhancing the effective yield compared to taxable bonds. ✔️ Attractive Yields - Yields currently exceed inflation expectations, aiding wealth creation and preservation. Get our Municipal Bond Guide for High Net Worth Investors now! https://hubs.ly/Q02F3Vd-0

We are delighted to share that Relative Value Partners, LLC (RVP) has agreed to join Kovitz! Upon closing, RVP will gain access to Kovitz’s expansive network of resources, capabilities and national footprint. RVP will bring a talented team with decades of experience to Kovitz, and the transaction will allow Kovitz to further strengthen its advice and solutions across financial planning, investment management, tax planning and other key areas. “I am confident that, together, we will deepen our ability to provide clients with best-in-class, highly personalized wealth management experiences, and continue to develop as the leading advisory practice in the Chicago area,” states Mitchell Kovitz | CEO Kovitz. Dive into the full press release for all the details. Welcome to the team, RVP! #KovitzGrowth #RVPJoinsKovitz #WealthManagement Focus Financial Partners https://lnkd.in/gDgptt4k