CIBC Private Wealth

CIBC Private Wealth senior healthcare analysts provide deeper insight into the most notable themes within healthcare innovation.

In our inflation series primer released in February, we answered client questions surrounding the biggest inflation surge in a generation. The inflation story has since been further exacerbated with the recent invasion of Ukraine, sending humanitarian, geopolitical and macroeconomic shockwaves throughout the globe.  As we continue to see volatility in the commodity markets, our experts focus on the energy outlook as a key driver for both growth and inflation. 

There's been a lot of talk lately about the potential tax changes coming out of Washington—specifically the For The 99.5% Act, First Step Act, and President Biden's tax proposals. What could this mean for you?

We talk with Tim Daly, CEO of EdNavigator, on the state of education during COVID-19 and how this pandemic is altering learning, children and families.

In this installment, we talk with Kevin Tabb, MD, the president and CEO of Beth Israel Lahey Health, a healthcare system across Eastern Massachusetts comprised of 13 hospitals, including four academic and teaching hospitals affiliated with Harvard Medical School and Tufts University School of Medicine, and more than 4,000 physicians and 35,000 employees.

As the end of election season rapidly approaches, we have switched our focus from the impact of the election results on the economy and financial markets, to a more focused look at implications on individual sectors. What’s happening beyond the headlines in two other key industries—financials and energy? We hear from our firm experts in the fifth and final part of our election implication series.

As the end of election season rapidly approaches, we have switched our focus from the impact of the election results on the economy and financial markets, to a more focused look at implications on individual sectors. I previously interviewed two of our firm’s investment analysts on the specifics of the technology and healthcare sectors addressing top-of-mind questions. So, what’s happening beyond the headlines in two other key industries—financials and energy? We hear from our firm experts in the fifth and final part of our election implication series.

What might be the impact of election results on the technology sector? As we continue to consider election implications on the economy and financial markets, we take a more focused look at how individual sectors may be impacted based on different election outcomes.

What might be the impact of election results on the healthcare sector? As we continue to consider election implications on the economy and financial markets, we take a more focused look at how individual sectors may be impacted based on different election outcomes.

What are latest advances with remote hiring and onboarding? How is COVID-19 changing the career outlook of the youngest of the workforce, and why does leadership matter now more than ever?

Buying a house in another country can be a complicated process with many additional considerations and moving parts that can be difficult to navigate. It is not uncommon for wealth advisors to assist clients with real estate purchases—whether it is to invest in commercial real estate or purchase a second home. More rare, however, is when a client calls and needs help purchasing and closing on a house in another country, prior to undertaking a two-year renovation—all in local currency.

In this interview hosted by Head of Equities Patricia Bannan, CFA, healthcare analysts Fred Weiss, CFA, and Mac Price, CFA, discuss the rapidly evolving landscape around the creation of a coronavirus vaccine. With 135 vaccine candidates in trials, including 15 already in human clinical trials, and the U.S. government’s Operation Warp Speed program helping to fast-track the vaccine development, manufacturing and distribution, experts have expressed optimism about a timeline for release in 2021. What do our analysts believe are the implications for investors?

Given the increased interest and concern of market dominance of technology stocks within the S&P 500, Head of Equities Patricia Bannan, CFA, and Portfolio Manager and Equity Analyst Jim Farrell, CFA, discuss top index constituents and how this impacts their own investment philosophies and outlook.

With asset values depressed, as many now are, gifts can be an effective way to transfer wealth and even create a lasting financial legacy. While there are many ways to structure gifts, two common approaches are outright gifts and gifts to dynasty trusts.

Head of Fixed Income Gary Pzegeo, CFA, describes the current state of the muni market and provides our outlook for investors in this space.

Do you have loved ones you want to help, but aren’t ready to give away significant assets yet? Would you like to take advantage of the low interest rate environment and transfer wealth in a cost-effective way with minimal transfer tax consequences?

In recent weeks, we’ve experienced the beginning of a deep recession due to the public health policy put in place to combat COVID-19. While we can’t say that the worst of the virus’ toll is behind us, CIBC Private Wealth Chief Investment Officer Dave Donabedian, CFA, contemplates what the economic reopening process—and ultimately, a recovery—might look like.

Do you have a taxable estate and high-growth potential assets that have dropped in value? Would you like to transfer more of your wealth to future generations in a transfer tax efficient manner?

Would you like to transfer wealth to your family, but are concerned about relinquishing complete access to it now? A strategy that allows the best of both worlds—efficiently transferring wealth, while retaining indirect access to that wealth if needed—is a Spousal Lifetime Access Trust (SLAT).

The current market downturn is an opportunity to potentially save on income taxes and generate income tax-free growth for retirement savings as markets recover. This could be accomplished through a Roth IRA conversion.

Do you have assets that have dropped in value, but you expect those assets to recover over the next two or more years? Would you like to transfer some or all of that expected appreciation to your children or other beneficiaries?

When will the economy begin to recover? CIBC Private Wealth Chief Investment Officer Dave Donabedian, CFA, provides insight into three critical issues: fiscal and monetary policy, Asian economies and the path of COVID-19 itself. Learn more at http://wealth.us.cibc.com

Innovation in technology is moving forward at a remarkable speed. While not all tech investment opportunities are as amazing as a 3-D printed house, certain innovations can be deceptively simple. Some are as ordinary looking as a metal box on a light pole, but with the promise of bringing about one of the biggest communication transformations we’ve seen.

Are your digital assets secured? Do you even know what's considered a digital asset? Will you and your family have access to digital assets after the loss of a relative?

Podcasts are now an integral part of CIBC Private Wealth's G2G (Generation to Generation) Impact program, aimed at rising generation leaders.

Almost everything is negotiable during a divorce process, and every divorce has unique facts. Smart planning and careful consideration can help you move into the future with confidence.

As we age, we’re faced with a complex and confusing healthcare system. You can make better decisions by understanding more about the costs and trends in healthcare and putting healthcare strategies in place.

Populism: it’s confusing. It’s also an important geopolitical trend with significant implications for investors around the globe.

When should a financial planner step in?

Has China lost its influence as a player in the global economy, and consequently, its appeal as a long-term investment opportunity?

Practical Planning: Don't Blindly Trust That You Have the Right Trustees - Advisor Podcast

Have you ever felt like you are your own worst enemy when it comes to investing? If so, you’re not alone. In fact, it’s a foundational truth of behavioral finance, the psychological study of financial decision-making. When it comes to investing, humans routinely make mistakes due to mental shortcuts and emotional biases. To better understand the role of emotions in investing, we talked with Morgan Housel, a partner at the Collaborative Fund, former columnist at The Wall Street Journal and analyst at The Motley Fool, about the implications of behavioral finance.

The pundits and prognosticators got it mostly right: It was the midterm election ofchecks and balances, divergence between rural and suburban, the year of the “fired upfemale graduate,” and an electorate voting in large part on presidential approval ratingsrather than economic satisfaction, including tax cuts. What does it all mean?

Admiral Stavridis shares his views on the current state of geopolitics, including: * The high-stakes relationship between the United States and China, which stems from four main tensions * Why Russia is both resurgent and fundamentally weak * Why Brexit is a great example of how strategic communications can change the narrative * The four key priorities the United States should focus on to retake global leadership For more details surrounding Admiral Stavridis’ views on these important topics, read his featured article, The Sea is One (https://view.publitas.com/cibc-pwm/q2-2019-advisor/page/2-3), in the Spring 2019 issue of The Advisor (https://view.publitas.com/cibc-pwm/q2-2019-advisor/page/1)or listen to the brief audio excerpt from his interview.

Dr. Marcy Borofsky emphasizes giving back to the world, discussing the concept of 'tikkun olam'

If you’re wondering how long the current economic cycle can last or how political rhetoric might impact your investments, rest assured that we have done the research.

Estate planning is not just for the ultra-wealthy. Anyone, regardless of financial circumstances or family dynamics, can benefit from the process.

What is Women's CIRCLE?

There’s no question that energy is what makes the world go ‘round. Nor that traditional resources—primarily fossil fuels—are ultimately finite. And today, there’s no question that clean energy is not only competing with traditional sources of energy, in many cases it is beating them.

Even with extensive and thoughtful estate planning before death, there are numerous important decisions that can be made after death that can both meet the grantor’s intent and respond to beneficiaries’ circumstances at that time.

Two investment management teams at CIBC Private Wealth Management are a rarity: together for 22 and 19 years, respectively.

Trusts are important tools to help manage and protect assets for the long term or to achieve certain tax benefits. Today, it’s critical to consider the need for flexibility so that the trust can adapt to changing times, circumstances and tax laws. Maximum flexibility can help the next time the law changes—and it will.

We recently talked with two managing partners of private equity firms that invest in various segments of healthcare—Reeve Waud, founder of Waud Capital Partners in Chicago, IL, and David Malm, co-managing partner of Webster Capital in Waltham, MA—to get their perspective on the big themes and what those mean for private equity investors.

Remember "Whip Inflation Now"? If you don’t, you weren’t old enough in 1974 to experience an inflation rate of 12% (it got worse: In March 1980 inflation peaked at 14.76%). When President Gerald Ford introduced the “WIN” button—“Whip Inflation Now”—it was a rallying cry for the country to help combat the inflationary spiral that was causing major economic dislocations and rapidly rising interest rates.