Insights

Home » Insights

Week In Review

Markets moved sharply upwards this week on the back of the U.S. Consumer Price Index (CPI) report released Wednesday that showed inflation during July finally slowing. The CPI was unchanged in July on a seasonally basis after rising 1.3 percent in June...
Read More View PDF
With the negative headwinds and concerns of a recession, the second quarter of 2022 earnings announcements and discussion of business conditions and financial prospects by U.S. corporations have been closely watched. As of midweek, 74% of S&P 500 companies have reported and overall, the scorecard has likely surpassed low expectations...
Read More View PDF
As expected, the Fed announced Wednesday that it was lifting the federal-funds rate by 0.75 percentage points. The move had been widely telegraphed, reflecting the Fed’s ongoing campaign against high inflation...
Read More View PDF

Market Commentary

The second quarter of 2022 saw an accelerated deterioration in financial markets following a weak first quarter, resulting in the worst first half of a year’s performance in decades...
Read More View PDF
Coming into 2022, financial markets were wrestling with several conflicting issues including a global economy on track to reopen, strong employment, a continuation of COVID difficulties (Omicron), and high inflation...
Read More View PDF
US equity markets demonstrated strong returns in Q4 2021, while interest rates were broadly stable. As 2022 begins, interest rates are moving higher as the Federal Reserve discusses a faster tapering of monetary stimulus...
Read More View PDF

Planning Commentary

As I write this (June 10, 2022), the S&P 500 index is down nearly 18% from the beginning of the year, and the Nasdaq index is down over 27% over the same period. So, investors (and their advisors) must increasingly look at additional ways to bring real after-tax value to portfolios...
Read More View PDF
At the end of last month, the Biden administration released its General Explanations of the Administration’s Fiscal Year 2023 Revenue Proposals, (the 2023 Greenbook). In the Greenbook, nearly 50 proposals total 114 pages and represent the first comprehensive tax revenue-raising proposals from the administration since Build Back Better failed to advance in Congress late last year...
Read More View PDF
On December 20, 2019, the Setting Every Community Up for Retirement Enhancement (SECURE) Act was signed into law and brought with it significant changes in planning for retirement account owners – particularly around the timing of IRA distributions for beneficiaries...
Read More View PDF

News and Announcements

Pallas Capital Advisors, LLC ("Pallas Capital") is pleased to welcome the newest member to the team of growing wealth management professionals, Mr. Bobby DiPadua. Mr. DiPadua joins the team as a Director of Business Development and is responsible for recruiting, educating, and onboarding advisors interested in the independent space...
Read more..
Pallas CEO Richard Mullen and two other partners founded Pallas after spending years at large wealth management institutions—Morgan Stanley, Lincoln Financial and UBS—and eventually arriving at two conclusions: “large wirehouse firms have kind of lost their way” and the independent space had matured to a point where it made sense, from a technology standpoint, to make the leap..."
Read more..
The firm spent 2021 and the first half of 2022 opening three offices in the Northeast, expanding its headquarters in Braintree, MA, transitioning four advisor teams, and onboarding over $1 billion in assets...
Read more..

Subscribe to Our Weekly Insights