While 2022 was a challenging year for financial markets, the steady drumbeat of high inflation that dominated headlines appears to be abating and we see reasons to be more optimistic. Executive Vice President & Chief Investment Officer Chris Battifarano shares the relevance of “Minsky Moments” in 2022 and FineMark’s informed outlook for 2023 and beyond.
Read Article Here
2022 Year-end Review and 2023 Outlook
As 2022 draws to a close, our investment team has spent considerable time thinking about the year ahead and specifically about investment themes and portfolio positioning. In advance of our year end investment newsletter, which will include more depth on these topics, we wanted to share our latest thoughts for 2023 and beyond. One of …
2022 Third Quarter Review & Commentary
The ups and downs of a volatile market have kept investors on their toes throughout 2022. Executive Vice President & Chief Investment Officer Chris Battifarano explains why staying the course — and resisting the urge to react emotionally — is the best way to deal with erratic market environments.
Read Article Here
2022 Second Quarter Review & Commentary
Quantitative easing, inflation, offshore production, and rising energy costs all played a role in global market performance this quarter. Is there any relief in sight? Executive Vice President & Chief Investment Officer, Chris Battifarano breaks it all down, shares insight into current and past bear market performance, and offers FineMark’s recommendation for investors.
Read Article Here
SLATisfaction: Hedging your Federal Estate Tax Bets With a SLAT
You have likely seen the headlines about potential changes to the federal estate and gift tax laws in the coming years. While it’s unclear what changes will ultimately be made; the uncertainty has people exploring different tax strategies to take advantage of the current tax exemptions. One such strategy is a Spousal Lifetime Access Trust …
2022 First Quarter Review & Commentary
With the Russian invasion of Ukraine impacting inflation, interfering with global food supplies, and wreaking havoc within the oil and fertilizer industries, continued market volatility seems imminent. But that doesn’t mean your portfolio will also be unstable. Executive Vice President & Chief Investment Officer Chris Battifarano offers FineMark’s perspective on today’s market realities and shares why diversification may be the key to a resilient portfolio.
Benefits of Florida Domicile
Do you divide your time between Florida and another state? If so, it may be time to consider declaring Florida as your domicile (your “true, fixed permanent home”). Consider these benefits: Florida has no state income or inheritance/estate tax, has a real estate tax exemption of $50,000 annually, and offers Homestead Protection (some restrictions apply).
Russian Invasion of Ukraine and Market Impacts
After the extreme price volatility global equity markets exhibited in response to the Russian invasion of Ukraine, we want to share FineMark’s position. We expect volatility to remain elevated for the foreseeable future, but would encourage investors to remain pragmatic and calm in the face of what could be more troubling news to come. At …
2021 Q4 Review & 2022 Outlook
Miss our virtual event? Watch the recording of FineMark’s CIO discussion on the fourth quarter and our investment outlook for 2022.
2021 Fourth Quarter Review & Commentary
If the markets have taught us anything over the past two years, it’s to expect the unexpected. While more of the same may be on the horizon, history can help investors anticipate what can’t be precisely predicted. Executive Vice President & Chief Investment Officer Chris Battifarano offers FineMark’s perspective on 2021 and shares how looking back at historical performance can provide insight into what lies ahead.
Highlights of New Florida Trust Acts from 2021
On July 1, 2021, two new acts affecting trusts were in enacted in Florida, the Florida Uniform Directed Trust Act and the Florida Community Property Trust Act. While both of these Acts are targeted in nature, they could provide an excellent planning opportunity for those with the right situation. Read the highlights of these new laws in this article.
Healthcare Network & FineMark: Partnering to Help Others Receive the Care They Need
Amid last year’s pandemic, with help from government grants and the support of local businesses including FineMark National Bank & Trust, Healthcare Network Southwest Florida opened its newest clinic in Collier County: the Nichols Community Health Center. The 51,000 square-foot facility provides residents in Golden Gate and neighboring communities with access to affordable and compassionate …
