Overview

As fiduciaries ourselves we understand the relationship attorneys have with their clients and serve as a resource to strengthen and enrich these relationships. Our extensive experience working with clients across multiple generations prepares us well for this work. We are well versed in the numerous and often interrelated trust and estate issues attorneys may address with clients.

In many cases, LBA acts as a sub-advisor to law firms that serve as trustees for families, charities and other organizations.

We are ideally suited for this role when the client desires a portfolio of individually selected securities versus mutual funds. By using individual securities we can be absolutely specific about what the portfolio includes and excludes. This benefits the client, but also the law firm, which needs full transparency in its fiduciary relationship with the client.

Perspectives

Reflections & Observations: Watershed Moments

In this newsletter edition we cover the following:
– Staying Invested Part II
– Leading Economic Indicators
– IoT and Data Usage
– Revocable Trusts
– Assisted Living
– Recommended Read: The Good Life

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POSTED IN: Reflections & Observations

Staying Invested Part II

In our spring newsletter, we emphasized the importance of staying invested over the long term by (1) illustrating the outsized impact of the stock market’s best days and (2) explaining how staying invested increases the likelihood of positive returns. While our analysis last spring focused on the broader implications of a long-term strategy, the strategy only works if the security you are holding is a quality company with durable, competitive advantages that drive success in both strong and weak markets.

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POSTED IN: Articles

Leading Economic Indicators

Two consecutive quarters of negative GDP growth has traditionally signaled that an economy is in a recession. However, in the US, the National Bureau of Economic Research (NBER) is responsible for officially designating recessions. The NBER’s analysis relies on three criteria related to economic trends: depth, diffusion, and duration.

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POSTED IN: Articles

IoT and Data Usage

Over the last decade, we have seen the proliferation of “smart” devices—devices that collect our data and track our usage patterns to enhance our overall experience. There are smart mobile phones, TVs, speakers, and cars, as well as smaller everyday items like toothbrushes, vacuums, and coffee brewers. You may be wondering how all of these products became smart, seemingly overnight. What changed?

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POSTED IN: Articles