Podcasts about Wilmington Trust

Despite mounting global tensions—from the Middle East to G7 trade diplomacy—the market grinds higher. Tony Roth of Wilmington Trust and Tim Urbanowicz of Innovator ETFs break down the resilience. Tech reclaims the spotlight in June. Tony Wang, Portfolio Manager at T. Rowe Price, weighs in on top picks. Former U.S. Ambassador to China Nicholas Burns joins to frame U.S.–China dynamics, G7 strategy, and Middle East risk and Jefferies' David Zervos previews a key Fed meeting this week.

Wilmington Trust's CIO lays out the case for why there's probably more downside risk ahead for stocks. China Beige Book CEO, Leland Miller, reacts to reports China is open to trade discussions with the US if the country starts showing more respect. Plus, WeBull shares have jumped more than 300% since its public debut last week. Its CEO weighs in on current sentiment among retail investors and the recent volatility in the shares of his own company.

Former Ford CEO Mark Fields weighs in what the one-month delay in auto tariffs means for the stocks. Former Boston Fed President Eric Rosengren breaks down the Beige Book, jobs, and Fed policy after the latest economic data. Vital Knowledge's Adam Crisafulli and Wilmington Trust's Meghan Shue analyze the market landscape, and we cover key earnings from Marvell, MongoDB, Victoria's Secret, and Zscaler. Plus, Christopher Rolland of Susquehanna on Marvell's earnings. 

This is a recording of our ILS Market Outlook 2025 live webinar that was held on October 31st 2024 and featured insurance-linked security (ILS) industry experts that joined us to discuss the state of the catastrophe bond and ILS market and provide their outlook for the next year. Speakers discussed the current state of play in cat bonds and ILS, as well as their expectations for how the market will develop in 2025. With reinsurance and risk transfer use-cases for cat bonds and broader ILS strategies expanding and investor interest in the asset class rising, this Artemis Live Webinar was a timely discussion. Attendees heard about catastrophe bond trends and expectations for issuance, the continued use of collateralized reinsurance structures to deploy investor capital to insurance-linked opportunities, as well as a discussion about where opportunities lie for both sponsors and investors in 2025. This Artemis Live ILS Market Outlook 2025 webinar was moderated by Steve Evans and featured participants: John DeCaro, Founding Partner, Senior Portfolio Manager, Elementum Advisors; Mike Ramsey, Senior Vice President and Client Development Officer, Wilmington Trust; Kathleen Faries, CEO, Artex Capital Solutions; and Marc Stern, Director, Business Development, Nephila Advisors. Listen to the fill podcast episode for industry expert insights and discussion on expectations for catastrophe bonds and insurance-linked securities (ILS) in 2025.

On this episode of “Splitting Heirs,” Warren K. Racusin welcomes back Sharon L. Klein, President of Family Wealth for the Eastern US Region of Wilmington Trust Company and member of the Estate Planning Hall of Fame, to continue their discussion of Lovey and Hubby, two clients who celebrated their 50th wedding anniversary and then became embroiled in an extremely contentious divorce. The discussion centers on whether irrevocable trusts, into which marital assets were transferred during the course of the marriage, can be considered part of the marital balance sheet during a divorce. Warren and Sharon also address spousal limited access trusts, the concept of the “floating spouse,” tax liability for grantor trusts, and how estate planning attorneys guide clients through the most difficult periods in their lives.  Speakers: Warren K. Racusin, Partner and Chair, Trusts & EstatesSharon L. Klein,  EVP, President - Family Wealth, Eastern U.S. Region & Head of National Divorce Advisory Practice, Wilmington Trust, N.A. 

Morgan Brennan and David Faber tackle today's biggest Money Movers from the floor of the New York Stock Exchange. 

In today's episode, we tackle the growing buzz around potential rate cuts and their implications for the economy. Broadcasting live, I delve into the predictions from leading economists, including those from Wilmington Trust and Goldman Sachs, who are forecasting significant rate cuts in the coming months. We'll explore what these cuts could mean for commercial banks, small and medium-sized businesses, and consumers. Join me as we break down the potential scenarios and their impact on the housing market, borrowing costs, and overall economic health. With insights from my 30+ years of market experience, we'll navigate through the intricacies of these economic forecasts and what they could signal for the near future. Timeline Summary [00:00] - Introduction to the episode and overview of potential rate cuts. [00:32] - Predictions from Wilmington Trust and Goldman Sachs on rate cuts. [01:24] - Implications of rate cuts for commercial banks. [03:33] - How small and medium-sized businesses might react to rate cuts. [04:52] - The consumer perspective: housing market and refinancing opportunities. [06:35] - Election impact on the market and consumer behavior. [07:01] - Potential market reactions to an unexpected July rate cut. [08:09] - Upcoming live session details and invitation. [08:29] - Earnings report from McDonald's and its implications. [09:21] - Predictions on a potential recession and consumer trends. [10:43] - True Inflation's latest data and its significance. [11:14] - Shoutout to Jared and Kyle for their real estate achievements. Links & Resources Join our community: One Rental at a Time Follow us on social media for updates: Instagram | YouTube Thank you for tuning in! If you enjoyed this episode, please rate, follow, and review our podcast. Don't forget to share it with friends who might find it valuable. Stay connected for more insights in our next episode!

On this episode of the SeventySix Capital Sports Leadership Show, Wayne Kimmel interviewed Andy Guelcher & Darius Prince from the Albany Firebirds & Jon Williams from Summit Trail Adivors. Williams joined Summit Trail Advisors as a Partner in 2019. Williams works closely with a select group of high-net-worth clients and their outside advisors to develop and execute financial strategies, acting as their outsourced family office. His team specializes their focus on business owners, entrepreneurs, public company executives, and private foundations. Prior to joining Summit Trail Advisors, Williams was a Managing Director and Senior Private Client Advisor at Wilmington Trust for nearly 12 years. Previously, he held roles in private banking and in the investment advisory business with UBS and M&T Bank. In 2017, he was named to Central Pennsylvania Business Journal's 40 under 40 where he was recognized as a top young business leader in the Central PA region. Williams serves on the advisory board for the Children's Miracle Network and is a member of the Central Pennsylvania Estate Planning Council. Jon Williams: LinkedIn: https://www.linkedin.com/in/jonwilliams-sta/ Guelcher is the President at Mohawk Chevrolet in Ballston Spa, NY. Guelcher began his career nearly 20 years ago as a sales person in Pennsylvania & slowly worked his way thru the business. He arrived in the Capital Region 8 years ago & has spent the last 3 as President of Mohawk Chevrolet. Guelcher set a goal early in his career to be in his position today. However, he did achieve that goal at a pretty interesting time. In his interview with WGY's Doug Goudie, he talks about how just 30 days after opening the dealership in November 2019, General Motors went on strike. About 90 days later, the Covid-19 pandemic began. At first, there was concern, not knowing which direction the automotive industry would go, but it ended up taking a turn in the opposite direction & became the best timing they could have asked for. Like so many other businesses, Guelcher & his team have also dealt with supply chain issues over the past couple years. Between the parts & microchip shortages, Guelcher has stayed true to the core values of his business to carry them thru. Andy Guelcher: LinkedIn: https://www.linkedin.com/in/andrew-guelcher-18485777/ Darius Prince is no stranger to football and has been playing professionally for over a decade. Prince has played for several leagues including the NFL, AFL, NAL, XFL, and even the AAF. His list of accolades is like no other. He is a 3-time arena football champion. Winning the 2017 Arenabowl, 2021 National Arena League Championship, and 2022 National Arena League Championship. He has been a 2-Time All-Arena First Team Offense, 3-Time All-NAL First Team Offense, Arenabowl XXX MVP, 2021 National Arena League Offensive Player of the Year, and 2022 National Arena League MVP. All without playing college football. In January 2020, Darius Prince joined the XFL and signed with the New York Guardians and was unfortunately waived for final roster cuts. In 2021, Darius Prince signed with the Albany Empire and had multiple historic seasons winning 2 NAL titles being awarded 2021 National Arena League Offensive Player of the Year, and being the first Wide Receiver National Arena League MVP in 2022. He scored 29 touchdowns in 2021 and a massive 39 in 2022. After playing for Albany and Orlando in 2023 he had 28 touchdowns. Darius Prince:LinkedIn: https://www.linkedin.com/in/darius-prince-a4b1b0124/

Join us on this episode of Laughing Matters as we chat with Pat Fitzgibbons, Senior Public Relations Manager at M&T Bank/Wilmington Trust, whose career journey is filled with humor, from newsroom antics to his family's political legacy in New Jersey. Pat shares:·       Tips on how to prepare for a career in communications and how to infuse a daily dose of LOL in college ·       How his father and grandfather used laughter to forge connections and navigate local politics – and why he feels his own election win was “rigged”·       His memorable elevator encounter with the CEO of Bear Stearns that turned a potentially awkward situation into a laughing matter.

Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF. Bloomberg Economics Chief Economist Tom Orlik discusses how Fed Chair Jerome Powell's dovish December pivot saved the US from recession. Now, getting inflation back under control requires a hawkish reversal. Bloomberg News Power and Renewable Energy Editor Will Wade explains how the conversation around nuclear power's future in the US has changed. The Venetian Resort CEO Patrick Nichols talks about a $1.5 billion reinvestment project. Susan Kennedy, CEO of Cadiz, discusses the business of water storage. And we Drive to the Close with Tony Roth, CIO at Wilmington Trust. Hosts: Tim Stenovec and Emily Graffeo. Producer: Paul Brennan.See omnystudio.com/listener for privacy information.

Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF. Bloomberg Economics Chief Economist Tom Orlik discusses how Fed Chair Jerome Powell's dovish December pivot saved the US from recession. Now, getting inflation back under control requires a hawkish reversal. Bloomberg News Power and Renewable Energy Editor Will Wade explains how the conversation around nuclear power's future in the US has changed. The Venetian Resort CEO Patrick Nichols talks about a $1.5 billion reinvestment project. Susan Kennedy, CEO of Cadiz, discusses the business of water storage. And we Drive to the Close with Tony Roth, CIO at Wilmington Trust. Hosts: Tim Stenovec and Emily Graffeo. Producer: Paul Brennan.See omnystudio.com/listener for privacy information.

A close-knit network of family businesses, the NFL earns around $200 billion annually. On top of traditional family business within their individual branches, the NFL navigates those same financial planning connections between extended family members as well. Join David Lenok and his guest Alvina Lo, chief wealth strategist at Wilmington Trust, as they delve into … Read More Read More

Doris Meister is CEO of Wilmington Trust. In this episode Lauren and Katie discuss: - Career adaptation leveraging transferrable skills across industries - Making strategic career choices focusing on career goals and using personal values as a north star - Exploring diverse and unexpected career paths Key Takeaways: - Self-Discovery for Career Fulfillment: Understanding one's own strengths and passions is essential for navigating successful career changes. - Adapting to Industry Trends: Staying attuned to industry dynamics can uncover new opportunities and guide career trajectories. - Exploring Varied Career Paths: Experiencing diverse roles can offer a broader perspective and enhance professional growth. - Prioritizing Personal Values: Making career decisions that align with personal life and values is crucial for long-term contentment and achievement. “If you know yourself well, and you're able to assess the risk of making a big change, it's incredibly fulfilling and you really stretch your talents and your scope in ways that just following a straight line doesn't do.” - Doris Meister "Making career decisions that align with individual values and life circumstances is key to long-term success and happiness." - Doris Meister Reach out to Doris at: LinkedIn: https://www.linkedin.com/in/doris-meister/ Reach out to Lauren at: LinkedIn: https://www.linkedin.com/in/laurenherring/ Facebook: https://www.facebook.com/LaurenHerringCareerExpert Twitter: https://twitter.com/laurenherring IMPACT Group Website: www.impactgrouphr.com IMPACT Group LinkedIn: https://www.linkedin.com/company/impact-group/ Get the book, Take Control of Your Job Search here: Paperback Book: https://amzn.to/3tibaCz ebook: https://amzn.to/3dk4Cy5

The Fed kicks off its latest monetary policy meeting today. Wilmington Trust's Meghan Shue and Howard Capital Management's Vance Howard lay out the Powell policy playbook. Plus, Nvidia is out with a new AI chip. WisdomTree's Chris Gannatti explains. And, the National Association of Realtors has agreed to slash commissions for real estate agents. Nest Seekers' Erin Sykes discusses what this means for the housing market.

The first very busy week of this earnings season wraps up, including results from Tesla, Intel and Netflix. Renaissance Macro's Neil Dutta and Wilmington Trust's Meghan Shue break down the action. Jon sits down with Intel CEO Pat Gelsinger on the latest quarter and the company's progress. Former Federal Reserve board member Frederic Mishkin on the latest data and if the Fed can celebrate victory over inflation yet. Payoneer CEO John Caplan on what his data is saying about the consumer. 

Joanie Bily, Chief Workforce Analyst at Employbridge, shares her thoughts on the December jobs report and trends in the labor market. Bloomberg News Reporter Simone Foxman and North Carolina State Treasurer Dale Folwell discuss how Ozempic mania's billions in bills could be coming for US taxpayers. Bloomberg News Editor Tom Maloney talks about his story Tepper's $2 Billion Hedge Fund Payday Marred by NFL Meltdown. Bloomberg News Technology Reporter Alex Barinka explains that TikTok is eyeing a $17.5 billion shopping business on Amazon's turf. And we Drive to the Close with Tony Roth, CIO at Wilmington Trust. Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan. See omnystudio.com/listener for privacy information.

Joanie Bily, Chief Workforce Analyst at Employbridge, shares her thoughts on the December jobs report and trends in the labor market. Bloomberg News Reporter Simone Foxman and North Carolina State Treasurer Dale Folwell discuss how Ozempic mania's billions in bills could be coming for US taxpayers. Bloomberg News Editor Tom Maloney talks about his story Tepper's $2 Billion Hedge Fund Payday Marred by NFL Meltdown. Bloomberg News Technology Reporter Alex Barinka explains that TikTok is eyeing a $17.5 billion shopping business on Amazon's turf. And we Drive to the Close with Tony Roth, CIO at Wilmington Trust. Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan. See omnystudio.com/listener for privacy information.

Major averages ended lower today, but well off the lows. Wilmington Trust's Meghan Shue and Bespoke's Paul Hickey break down the market action. Morgan sits down with Commerce Secretary Gina Raimondo, Boeing Defense CEO Ted Colbert and Air Force Secretary Frank Kendall at the Reagan National Defense Forum. Blackstone's private equity group has $40B in dry powder it can deploy; group head Joe Baratta on the top opportunities his team sees and why public markets are more interesting than private right now. Jefferies analyst Sheila Kahyaoglu on industry implications for Alaska Air's purchase of Hawaiian Airlines. Plus, Roche buys its way into the obesity drug craze. 

Averages were higher again but it wasn't enough to stave off a negative month for October. Vital Knowledge's Adam Crisfulli and Wilmington Trust's Meghan Shue break down the market action with a busy next few days. Earnings from Caesars, First Solar, Match Group, AMD and Yum China. Wedbush's Matt Bryson breaks down AMD's numbers. CEA Chairman Jared Bernstein on the White House's new initiative against junk fees and the state of the broader economy. CEOs of both FreshWorks and Arista Networks talk their latest quarter and what broader enterprise spending may reveal about the near-term economy. 

MarketWatch economics editor Greg Robb talks with Luke Tilley, Wilmington Trust chief economist about the expected outcome of the Fed's meeting and the outlook for the economy and interest rates through the end of 2024. 

Major averages ended Friday lower as chip stocks slid on demand worries. Wilmington Trust's Meghan Shue and Unlimited Funds' Bob Elliott break down the market action. Our Phil LeBeau reports that Ford plans to lay off 600 workers as UAW strikes ramp up while GM warns of negative ripple effects. Databricks CEO Ali Ghodsi on his company's latest fundraising and a potential IPO timeline. Needham's Charles Shi on Arm's first two days of trading and a Reuters report warning Taiwan Semi is worried about demand. Craft Ventures Co-Founder David Sacks talks his new company SaaSGrid and the state of tech.

Markets steadily climbed higher during the session after digesting Fed Chair Jerome Powell's speech at Jackson Hole. Wilmington Trust's Meghan Shue, Jefferies' David Zervos and our Steve Liesman break down what it means for markets and your money. Evercore's Krishna Guha on the next steps for the Fed and if a September rate hike is off the table. Marvell Technology CEO Matt Murphy on his company's latest quarter and the AI demand. Sunnova CEO John Berger on solar power's role as extreme weather becomes more frequent.

Stocks surged into the close, finishing at session highs. DataTrek's Nick Colas and Wilmington Trust's Meghan Shue break down how they are playing this market. We get the latest moves from the biggest investors with our Leslie Picker reporting on 13F filings. Ursula Burns weighs in on the most important topics for boards today, including social and political issues and diversity. Former Institute of International Finance's Charles Dallara on the FDIC's new proposals aimed at large regional banks. Plus, retail experts Bill Simon and Gerald Storch preview the big week ahead for consumer earnings and data. 

In this episode of “Splitting Heirs,” Warren K. Racusin, partner and Chair of Lowenstein's Trusts & Estates practice, speaks with Sharon L. Klein, EVP, President - Family Wealth, Eastern U.S. Region & Head of National Divorce Advisory Practice, Wilmington Trust, N.A., about estate planning for divorcing couples, including  “grey divorce”—when couples in their 50s and older—often with significant assets—decide to go their separate ways. They address the importance of—before initiating divorce proceedings—reviewing all of one's estate planning documents, including beneficiary designations, executors, trusts, and prenuptial agreements, to make sure that they reflect your current wishes, and they illustrate the dangers of failing to prepare for a split with examples of disastrous celebrity breakups. Speakers: Warren K. Racusin, Partner and Chair, Trusts & EstatesSharon L. Klein,  EVP, President - Family Wealth, Eastern U.S. Region & Head of National Divorce Advisory Practice, Wilmington Trust, N.A. 

Bloomberg News International Economics & Policy Correspondent Michael McKee and Bloomberg News Economics Editor Molly Smith discuss today's CPI data and the Fed's next move. Bloomberg News Senior Finance Reporter Sri Natarajan explains why Goldman Sachs is breaking with its long-standing convention and have been actively downplaying expectations for earnings results that will be disclosed next week. Sean O'Hara, President at Pacer ETFs, talks about the companies that make Amazon Prime Prime Day possible. And we Drive to the Close with Tony Roth, CIO at Wilmington Trust. Hosts: Carol Massar and Matt Miller. Producer: Paul Brennan. See omnystudio.com/listener for privacy information.

Bloomberg News International Economics & Policy Correspondent Michael McKee and Bloomberg News Economics Editor Molly Smith discuss today's CPI data and the Fed's next move. Bloomberg News Senior Finance Reporter Sri Natarajan explains why Goldman Sachs is breaking with its long-standing convention and have been actively downplaying expectations for earnings results that will be disclosed next week. Sean O'Hara, President at Pacer ETFs, talks about the companies that make Amazon Prime Prime Day possible. And we Drive to the Close with Tony Roth, CIO at Wilmington Trust. Hosts: Carol Massar and Matt Miller. Producer: Paul Brennan. See omnystudio.com/listener for privacy information.

Averages close near session highs and snap a three-day losing streak. Wilmington Trust's Meghan Shue and Barclays' Venu Krishna break down the market action. Teamsters President Sean O'Brien gives an update on negotiations with UPS. Collin Roche, GTCR Co-CEO, discusses his firm's purchase of a majority stake in Worldpay from Fidelity National. Plus, KranseShares CIO Brendan Ahern on the rally in Chinese stocks and MOffettNathanson's Lisa Ellis on her new call on Visa and Mastercard. 

Major averages closed lower today. Wilmington Trust's Meghan Shue and Decatur Capital CEO Degas Wright break down the market action amid earnings from Affirm, Airbnb, EA, Wynn, Occidental, Rivian, Twilio and IAC. IBM CEO Arvind Krishna weighs in on the company's new AI offering Watsonx and the macro environment in tech spending. Former Atlanta Fed President Dennis Lockhart weighs in on the debt ceiling talk and when the market will begin to worry. Plus, GlobalFoundries CEO Thomas Caulfield talks the semiconductor business and whether there are signs of softening. Our Julia Boorstin launches this year's Disruptor 50 list. 

You might groan when you hear you're about to listen to an economics presentation, but Chief Economist Luke Tilley of Wilmington Trust explains how working at the Philadelphia Fed and a premier financial institution has shown him that his peers may be funnier than you think. Luke shares how humor plays a surprising role in his day-to-day and discusses: Why humor is so effective, disarming and humanizing when giving economics presentations. Keeping it level-headed when the economy can sometimes feel impossible to predict. Striking the right balance between a demanding profession and an equally demanding home life (hint: swim, bike and run)

Join MarketWatch reporter Jessica Hall for financial planning and retirement savings advice from CEO and chairman of Wilmington Trust, Doris Meister

Another mixed day for the averages with the Dow closing higher while the S&P 500 and Nasdaq finished in the red. Miller Tabak's Matt Malehy and Meghan Shue of Wilmington Trust break down the market action and where to invest right now. FedEx stock went the other way, closing higher after announcing a reorganization and a dividend hike. Meanwhile, as Speaker Kevin McCarthy met with Taiwan's President, Lux Capital Co-Founder Josh Wolfe discussed the threats China poses to U.S. companies. Rockefeller International's Ruchir Sharma makes the case for why the dollar's days of being the dominant global currency may be numbered. Plus, Betterment CEO Sarah Levy on the pulse of the retail investor. We get reports from our Melissa Repko on on weak March sales for Costco and Kate Rogers on how small business owners are rethinking regional banking. 

Major averages finish near session highs as investors await the Fed's rate decision tomorrow. Meghan Shue of Wilmington Trust and Wedbush's Sahak Manuelian preview what the Fed is likely to do. MassMutual CEO Roger Crandall on the continuing banking fallout from First Republic and Credit Suisse. Jon sits down with Adobe CEO Shantanu Narayen to talk Firefly and why Adobe stands to benefit from AI; SVB MoffetNathanson's Sterling Auty breaks down his AI winners and losers. Plus, earnings from Nike and GameStop. Oppenheimer's Brian Nagel just named Nike a top pick; he discusses the latest quarter and the market reaction. 

Inflation will slow enough for the Federal Reserve to pause rate hikes by summer, former Philadelphia Fed staffer and Wilmington Trust chief economist Luke Tilley told MNI.

Today we are talking to Tony Guernsey, former national head of Wilmington Trust wealth management, a longtime senior banker at JP Morgan, founder of the UBS US private bank. Tony wrote an unpublished memoir called Divas, Icons, and Felons with his wisdom and great stories from his distinguished five decades managing money for many wealthy and famous clients such as Steve Jobs, Jay Chiat, and Christo. Tony was very generous to share some of them with me and it is a rare peek inside this often fascinating and eccentric world, but it also highlights the lack of education out there for those who have the responsibilities of wealth. I hope you enjoy my talk with Tony Guernsey as much as I did. BIOGRAPHY: Peter E. ”Tony” Guernsey Jr. was born and raised in Long Island, New York. He was educated at the Taft School in Watertown, CT, and Lake Forest College, in Lake Forest, Illinois. During the Vietnam War, he spent 30 months in the U.S Naval Reserve at Great Lakes Naval base in North Chicago, Illinois. Simultaneously he was an ice hockey referee and drove a taxi cab in Chicago. In 1972 Tony joined JP Morgan and over the next 43 years re-engineered or started 42 National Wealth Management offices around the U.S. for Morgan, UBS, and Wilmington Trust. Today he is a consultant and serves as an outside independent family trustee. Tony and his wife, Eve, share their lives between New York City, Bedford, New York, and Martha's Vineyard. Between the two of them, they have three children and four grandchildren. Cumulatively, the two of them worked at JP Morgan for 50 years. In 1972, Tony was a contributing author of the book, Skates, Sticks and Men, the story of American Hockey in the United States. Tony was voted All-American Division 3 in Ice Hockey in 1970 and in 2006 was awarded the esteemed Lifetime Achievement award by Private Asset Management. NOTE: This podcast is for educational and entertainment purposes only. Anything said by the guests or host should not be construed as legal or investment advice. Thanks for listening. Joe Reilly is a family office consultant, and the host of the Private Capital Podcast as well as the Inheritance Podcast. FOLLOW JOE: https://twitter.com/joereillyjr WEBSITE: https://www.circulus.co/ PRIVATE CAPITAL PODCAST: https://podcasts.apple.com/us/podcast/private-capital/id1644526501 Thanks for listening. If you like the podcast, please share it with your friends and take a minute to leave us a review on Apple Podcasts. We appreciate it.

Stocks closed out their worst week of the year on a sour note, as another inflation read came in hot. Needham's Chris Retzler and Meghan Shue from Wilmington Trust break down the action and where they're looking for opportunities. Afsaneh Beschloss from RockCreek explains why she's forecasting a “choppy few months” ahead for stocks. ServiceNow CEO Bill McDermott gives his outlook for software spending following a brutal week for the tech space. Council on Foreign Relations President Richard Haass discusses the 1-year mark of the war in Ukraine, and the impact on the global economy. Plus a lookahead to the key reads on the consumer coming next week. 

Bloomberg News Finance Reporter Sri Natarajan discusses Goldman Sachs CEO David Solomon striking a downbeat note about the economic outlook and saying smaller bonuses and even potential job cuts should come as no surprise. Bloomberg News Senior Editor Dimitra Kessenides and Bloomberg Contributor Robb Mandelbaum provide the details of Robb's Businessweek Magazine story Yale Professor Became Enemy of the Russian State Over a List. And we Drive to the Close with Tony Roth CIO at Wilmington Trust. Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.  See omnystudio.com/listener for privacy information.

Bloomberg News Finance Reporter Sri Natarajan discusses Goldman Sachs CEO David Solomon striking a downbeat note about the economic outlook and saying smaller bonuses and even potential job cuts should come as no surprise. Bloomberg News Senior Editor Dimitra Kessenides and Bloomberg Contributor Robb Mandelbaum provide the details of Robb's Businessweek Magazine story Yale Professor Became Enemy of the Russian State Over a List. And we Drive to the Close with Tony Roth CIO at Wilmington Trust. Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.  See omnystudio.com/listener for privacy information.

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On today's episode our host Mary Vandenack, CEO, Founder and Managing Partner at Vandenack Weaver Truhlsen speaks to Sharon Klein, Executive Vice President and Head of the National Divorce Advisory Practice at Wilmington Trust, about estate planning at different points in a marriage. Their discussion covers the Pre-Marital Phase to a divorce situation with tips along the way to protect assets. Listen in to learn about “hidden assets” in pre-marital planning, structuring trust shares, community property states, actions to take in the case of a divorce, life insurance considerations and more.A Hurrdat Media Production. Hurrdat Media is a digital media and commercial video production company based in Omaha, NE. Find more podcasts on the Hurrdat Media Network and learn more about our other services today on HurrdatMedia.com.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Everyone hopes that their family does not experience divorce but it's important to make sure the estate plan is not impacted if it does happen. On today's episode our host Mary Vandenack, CEO, Founder and Managing Partner at Vandenack Weaver Truhlsenand her guest Sharon Klein, Executive Vice President at Wilmington Trust and Head of the National Divorce Advisory Practice discuss the possible impacts of a divorce. There have been many changes in the ways courts view marital assets, trusts, spendthrift clauses, standards for distribution and even the definition of a spouse. Listen in and learn how you can be protected.A Hurrdat Media Production. Hurrdat Media is a digital media and commercial video production company based in Omaha, NE. Find more podcasts on the Hurrdat Media Network and learn more about our other services today on HurrdatMedia.com.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Crypto miners' share prices were up 9.6% between Wednesday and Thursday as bitcoin showed signs of a steady recovery, breaking over the $21,000 mark. Digihost Technology, TeraWulf and Marathon Digital led the pack with 26.6%, 18.94% and 17.62% increases respectively from Wednesday's open to Thursday's close. TeraWulf's run came as the company announced on Tuesday that it had added $50 million to a $123.5 million loan signed with Wilmington Trust to continue its growth. Investment bank D.A. Davidson last week slashed its expectation for computing power growth for the rest of the year to include only "current, funded orders," according to a note from senior research analyst Christopher Brendler. However, that still represents a 37% hashrate increase for last three quarters of 2022 for the five miners that Brendler analyzed, including Argo Blockchain, Hut 8 Mining, Core Scientific and Riot Blockchain. The Saudis topped the volume charts in its debut weekend with $7.7 million in sales. The collection of 5,555 NFTs, whose artwork is a derivative of the famed CryptoPunks collectibles, were free to mint on July 9 and sold out within hours. The project's floor price (which is the price of the cheapest edition currently for sale on the open market) is around 0.75 ether (roughly $867), after peaking at around 1.3 ETH (roughly $1,650) on Saturday. More than 48 projects previously on the Terra network have begun migrating to Polygon almost two months after the Terra network collapsed following the implosion of terraUSD (UST).

Calendar-wise, we've turned the page and the first half of a challenging 2022 is behind us—but inflation is still hovering at historic highs and global growth projections remain depressed. Markets seem uncertain about what the second half of the year may hold and, truth be told, so are Tony and Wilmington Trust's Chief Economist Luke Tilley. They delve into how history may shed light on the present and—with impending Consumer Price Index readings and Fed rate decisions—how portfolios should be positioned in light of what they believe lies ahead.

With a volatile equity market, inflation at eyewatering highs, and the Fed signaling a fairly aggressive rate hike calendar, income- and yield-thirsty investors are heating up the bond market. How has inflation affected bond yields, and what is the market anticipating moving forward? Chief Investment Officer Tony Roth and Wilmington Trust's Head of Fixed Income Manager Research Tom Pierce address these timely questions.

As we entered 2022, even the onset of the omicron variant failed to shake markets' optimism. With much of the world learning to cope with an endemic COVID-19 and rates set to rise, the stage was set for strong global growth. The last three months, though, have been less rosy than we might have hoped. From the Russia/Ukraine conflict to inflation surprises, investors would be hard-pressed to say they were anticipating this level of macro uncertainty. Chief Investment Officer Tony Roth sat down with Wilmington Trust's Head of Investment Strategy, Meghan Shue, to talk us through the investment implications of the wider landscape.

Twenty-four hours after Russia invaded Ukraine, Wilmington Trust's Chief Investment Officer Tony Roth hosted a client webinar, “A Dark Day for Europe.” The World Reacts. Joined by Chief Economist Luke Tilley, Head of Investment Strategy Meghan Shue, and Senior Portfolio Manager Mark Horst, the team set out the critical issues at stake in this ever-fluid situation. Listen to learn what is expected for economies, inflation, and portfolios.

Our anchors begin today's show with insight from CNBC's Mike Santoli on the S&P hitting a record high and stocks having the greatest impact on the index this year. Next, CNBC's Courtney Reagan covers retail winners from this holiday season, and Wilmington Trust's Meghan Shue offers guidance on tech stocks in the year ahead. Truist Securities Senior Internet Analyst Youssef Squali also delivers his top internet picks for 2022, including Alphabet and Meta. Then, our Carl Quintanilla profiles Apple facing antitrust scrutiny in the Netherlands over app store fees, and CNBC's Leslie Picker recaps this year's wave of underperforming SPACs and IPOs. Later, non-resident senior fellow at Boston University's Global Development Policy Center Robert McCauley joins to discuss his piece where he argues that comparing Bitcoin to a Ponzi scheme is unfair to Ponzi schemes.

Chip Kelleher/Wilmington Trust Chip Kelleher leads a team at Wilmington Trust responsible for providing comprehensive investment management, wealth planning, private banking and family office services to high-net-worth individuals, families and single-family offices throughout the Southeast. He works closely with his clients and their trusted advisors to protect, grow and transfer their wealth for generations. Chip […] The post So You Want to Sell the Family Business: Planning, Priorities, and Potential Pitfalls appeared first on Business RadioX ®.

For many wealthy families, concentrated liquid investment positions present special types of issues. More often than not, a diversification plan for a position that has been built up over decades, is relegated to a 5 minute discussion.  And it shouldn't.   From low-cost basis issues, income requirements, family executive involvement and even other factors like emotional attachment, the decision to buy and sell liquid positions can be more complicated than it looks.   To help us understand the best practices in the area and some of the tools at a family's disposal, were going to talk to STEPHEN DAVENPORT CFA from DECATUR CAPITAL MANAGEMENT in Atlanta, Georgia.   Based in Atlanta, Steve is the Director of Alternative Investments for Decatur and advises clients on a wide array of issues including concentrated position management. Steve received a BS degree in Industrial Engineering at Columbia University, a BS degree in Math/Computer Science at Providence College, and a MS degree in Finance from Boston College. STEVE'S BACKGROUND Engineering and quantitative skills applied to finance Lots of questions around “risk vs return” turned into “emotion vs. reason” Kahneman and Taversky – Risk avoiders instead of return enhancers 2000 a time of excitement and wealth creation in Boston/Silicon Valley 2005 Moved to ATL and worked w Wilmington Trust on DuPont heirs 2015 Moved to STI and worked on Coke heirs 2020 Moved to Decatur to help RIAs/family offices & institutions to manage risk STEVE'S APPROACH TO INVESTING – PERFORMANCE, GOALS, EMOTIONAL COMPONENTS Aligning clients to all goals and not just financial (work in chip space or health care so…) Incorporating all factors including emotion in the investment process ESG is about values and aligning your resources with things you believe in MSCI/TruValue measure companies and companies write CSR Like accounting standards, no global measures UNPRI for three years Indexing – Good, bad and UGLY, so inclusive to be “complete” 1: People want more so they can stay invested in tough times (sell at bottom – 1.5%) 2: Lengthen horizon and 3: Lower fees are three legs to the stool of investment success Investing in ideas/companies who you agree with, ESG may hold the key to better returns Holding on may be more important than what you hold CONCENTRATED POSITIONS- (Blackrock buying Spiderworks, there is a limit to ETFs . . . ) 1 – Customize more holistic solution 2 - Use tools of options market to enhance the transition 3 – Always adjust as the playing field changes ETFs are a one solution fits all solution but client risk and return parameters are unique  BRK- example - FINDING INCOME in the OPTIONS (W/ NO DIVIDEND STREAMS) Recently created wealth by IPO - UBER Familial wealth, sitting versus actively managing Coke – not selling is value added? Complex situations require a sophisticated approach! Took a while to acquire so disposition…. INVESTING THEMES TO DEFEND AGAINST (OR TAKE ADVANTAGE OF) . . . Inflation – Fact or Fiction? Present across the spectrum of risk: Crypto, NFT, SPAC, Meme, IPO, Real Estate, FANG  Fiscal and monetary coming together like never before Is it Temporary or is a CB (central bank- not just US) Put option forever? TAX AND POLICY CHANGES Target the top 1% …., Cap gains from 23% to 35-40%, planning for lifetime step up, dividends at OI rates Ambitious plans need funding, never let a good crisis go to waste, $4 trillion and counting on COVID Stimulus to get economy through 2022 election and beyond Market reacts environment and creates solutions Option overlays will be the beta adjuster "Diversification sometimes fails when you need it most . . ." Research paper Universal for the masses, Black Swans becoming more common so should solutions for them!  “Wealth effect” really not focused on Main Street and Fed knows this is increasing ...

Our anchors kick off the morning with CNBC's Mike Santoli on the market drop and recent moves in mega-cap tech. Then, Wilmington Trust's Meghan Shue joins to further break down the market sell-off today. Next, New York Times Contributor and “Sway” Podcast Host Kara Swisher joins to discuss President Biden's criticism of social media due to its role in spreading vaccine misinformation. We also have Satori Fund's Dan Niles weigh in on the market sell-off and where he is exiting positions. Later, CNBC's Leslie Picker is here with the story on Bill Ackman's Pershing Square Tontine dropping the deal to buy 10% of Universal Music. Then, CNBC's Kate Rooney is here to interview Andreessen Horowitz Partner Arianna Simpson after she was promoted today to co-lead the firm's latest $2.2 billion crypto fund.

Strong Families Survive Tough Times What you'll learn: Strong families major in the majors.  What are the majors? Why family meetings are a necessity and how to conduct a meaningful meeting. How to create a family entrepreneurial mindset and why most entrepreneurs fail at doing it. This week's guests: Tom Rogerson* Founder, GenLeg, Co. Tom is a recognized leader and pioneer in family governance and legacy planning. He had the privilege of meeting Jay Hughes 25 years ago who inspired him to transform his practice from “Preparing the Money for the Family” to “Preparing the Family for the Money.” Using his Six Steps to Healthy Family Governance, Tom has worked with over 250 families facilitating transparent communication, entrepreneurial motivation, philanthropic vision, legacy planning, succession development and then endowing the process for the future, all to create a life-long bond to last generationally. A few years ago Tom teamed up with his wife, a certified relationship coach, and started GenLeg Co., Inc. Together they provide guidance and education to families and their advisors, helping them transition significant capital, both financial (tangible) and human (intangible), from one generation to the next. Prior to starting a private practice, Tom was with Wilmington Trust, bringing his family governance and wealth management expertise as both a speaker and motivator to not only families but to Wilmington's client facing teams, helping them integrate Family Governance into the fabric of the client relationship. Previously, Tom was Managing Director of Family Wealth Services for BNY Mellon, National Director of Estate Tax Planning with State Street Global Advisors, and Director of Financial and Estate Tax Planning with Coopers and Lybrand. He holds a bachelor's in Economics from Ithaca College. Tom has spoken for The World Presidents Organization, Harvard University Business School, Tiger 21, The Lincoln Center, Yale University, Dallas Theological Seminary, Vistage, Museum of Modern Art, The Nature Conservancy, New York Botanical Garden, The Dallas Foundation, The New York Community Trust, The Boston Foundation, Heckerling, numerous estate planning councils, as well as many other organizations. Shawn Barberis* Founder, Aspida Advisory For over a decade, Mr. Barberis has served families and small businesses. Though he is astute, exacting and detail-obsessed, don't let him fool you. Shawn is a visionary, thriving on enthusiasm, humor and the company of like-minded individuals dedicated to hard work and financial ingenuity. Aspida Advisory is an independent financial advisory firm through our Registered Investment Advisory Firm, Aspida360. We work with you to determine what is in you and your family's best interests. The retirement Income Survival Kit (R.I.S.K.) analyzes the risks we face in retirement, and provides recommendations of income solutions that address each of your personal retirement risks. A+LIFE maintains the granite pillars of financial and estate planning while integrating the unquantifiable values of legacy and one's life's experiences. *Not affiliated with Lincoln Financial Advisors Corp.  You don't want to miss it! ------ CRN-3330151-111320  The content presented is for informational and educational purposes.  The information covered and posted are views and opinions of the guests and not necessarily those of Lincoln Financial Advisors Corp.  Michael Palumbos is a registered representative of Lincoln Financial Advisors Corp. Securities and investment advisory services offered through Lincoln Financial Advisors Corp., a broker/dealer (member SIPC) and registered investment advisor. Insurance offered through Lincoln affiliates and other fine companies. Family Wealth & Legacy, LLC is not an affiliate of Lincoln Financial Advisors Corp. Lincoln Financial Advisors Corp. and its representatives do not provide legal or tax advice. You may want to consult a legal or tax advisor regarding any legal or tax information as it relates to your personal circumstances.