Angeles Investments

Recent news of Justin Bieber considering lawsuits against his business managers provided an opportune time for Angeles Wealth’s Managing Director Rick Nott, CFA, CFP?, CPWA? to discuss ways to prevent such conflicts, especially when working with ultra-high-net-worth clients. ? Working with high-profile clients is often nuanced and complex. Rick uses three essential strategies to reduce potential conflicts of interest: ●?????Engage in an open discussion ●?????Demand transparency ●?????Treat wealth management as a team sport Read more at WealthManagement.com. https://lnkd.in/gZyev_P5

For content creators, creatives and clients with cyclical income, long-term wealth success comes from being flexible and planning through all financial cycles, as our managing director Rick Nott, CFA, CFP?, CPWA? tells Wealth Solutions Report. ? According to Rick, it’s essential that advisors work with financially successful creators to implement a capital allocation plan that prioritizes segmenting assets and identifying key saving and investing strategies to build sustainable income streams. ? “A strategic capital allocation strategy is one of the most important decisions that a household will make, particularly for creators as income can fluctuate and often depend on market trends.” https://lnkd.in/gyVwm5zy

Angeles Wealth’s president and CEO Jonathan Foster recently joined Derek Schwartz on CION Investments' Advisor Lab Podcast to discuss family wealth dynamics and the unique wealth management needs of ultra-high-net-worth families and individuals when it comes to preserving wealth.? ? “Take a reset. Evaluate them for the people that they are and let's talk about their interpersonal tensions between the family and what tools can we use to try and bring that together,” notes Jon. “So much of the advisory work is not around money or directly around money, it’s around relationships.”? ? Listen to learn more about Jon’s philosophy. https://lnkd.in/gquC8hdh

In a recent Barron's article, Angeles Investments Chief Investment Officer Michael Rosen cautions investors against picking sectors ahead of a new administration and instead, suggests focusing on fundamentals. “Profits are really all that matters”. Please see this and other news here: https://lnkd.in/eDUWiiDx

At the heart of seamless legacy and estate planning for families with multigenerational wealth families is financial literacy. ? In a recent article for WealthManagement.com, our managing director Rick Nott, CFA, CFP?, CPWA? outlines practical strategies for empowering heirs to be financial stewards for their family. His piece discusses how to build a legacy of financial responsibility, how parents can offer valuable advice when leading by example and how to initiate crucial money conversations early in childrens’ lives. ? “Conversations about money should be ongoing and adapted to your child’s age and life stage. Teaching them to understand the difference between needs and wants, the dangers of comparison and the true purpose of money will not only help them make better financial decisions but will also foster a healthy relationship with money,” wrote Rick. “This will prepare them to be responsible stewards of the legacy you’ve built, making the inevitable discussions about their inheritance seamless when they’re older. The time to start these basic financial literacy conversations is now.” ? Read more of Rick’s insights on engaging your children in meaningful financial discussions throughout every stage of their lives. https://lnkd.in/ete3T8pE

Our partner Chloe Wohlforth, CFP? highlighted Angeles Wealth’s approach to enhancing financial literacy for women. She emphasized how our advisors remain accessible, helping our clients access the information they need to achieve their long-term wealth goals. ? “I’m always pretty transparent with people to let them know that it is not their job to become an expert. That’s our job,” Chloe noted. “So, it’s really up to them to be transparent about how much into the weeds they want to go, and we can get them up to speed in a way that makes sense.” Read the full article in Financial Advisor Magazine. https://lnkd.in/gxG7kpaB

With the potential sunset of the Tax Cuts and Jobs Act on the horizon, our managing director Rick Nott, CFA, CFP?, CPWA? recently spoke with Edward Hayes to discuss how Angeles Wealth is guiding clients through anticipated tax and estate implications. ? “We’re making sure we’re having a collaborative conversation with us, a tax advisor, and an estate planning attorney,” said Rick. ? Rick also highlighted our structured approach to these planning discussions: first, assessing the annual income required to support clients’ lifetime wealth needs, then focusing on gifting strategies for assets exceeding that baseline. ? Learn more about how we are addressing clients’ estate plans amid potential TCJA changes in Financial Advisor Magazine. https://lnkd.in/gErhmWEU

Following yesterday’s Fed meeting, Angeles Investments managing partner and CIO Michael Rosen shared his reaction to the quarter-point rate cut, noting that the move was fully anticipated by the market. He also highlighted the Fed’s updated stance on inflation, which it acknowledged remains elevated – a shift that has led to a slight sell-off in Treasuries. ? "The reality is that inflation remains above target, the economy is humming above trend, and the Fed will have to moderate its easing program," noted Michael. "The market is adjusting to this more measured pace of easing by pushing yields higher." Read more in Reuters. https://lnkd.in/gq6ubg3k

Global equity and bond returns were negative in October. The S&P 500 returned -0.7% while the MSCI ACWI decreased -2.3%, and developed non-U.S. equities (MSCI EAFE) fell -5.4%. In the U.S., growth stocks outperformed value. The Bloomberg Aggregate Bond Index returned -3.4% and U.S. High Yield returned -0.5%. U.S. CPI slowed its advance, as the year-over-year inflation rate decreased from 2.6% through August to 2.4% as of September 2024. ? After a strong end to the third quarter, both stock and fixed income markets performed poorly in October. Volatility in the markets, along with uncertainty due to the upcoming US election, policy shifts on inflation and interest rates, and recession slowed down the economic momentum. Fixed income markets are expected to continue experiencing volatility, while additional policy cuts from the Fed are expected in the subsequent months. #stocks #markets #investmentadvisor #investmentadvice #investing #wealthmanagement #stockmarket #equities #investments

In case you missed the Angeles Investments webinar last week, “Politics and Profits: What Really Matters to the Markets?”, a link to the replay and materials is embedded below. CIO Michael Rosen shared his insight on the intersection of markets and elections against the backdrop of today’s uncertain and dynamic political landscape. Spoiler alert – profits outweigh politics in the long run. https://lnkd.in/gqMt5eBg