Wealth Management

Investors fear few things quite as much as recessions. Economic declines normally weigh on corporate earnings and that can directly impact equity prices. Although major market declines have at times occurred without recessions, the economy is clearly a primary risk for investors.

It is very difficult to navigate the sort of economic conditions we are currently experiencing. Positive leading economic indicator readings assure us recession is unlikely, but there is no guarantee the current slowdown will stop short of that.

Often, high-net-worth clients have accumulated significant wealth on a tax-deferred basis in individual retirement accounts (IRAs) and employer-sponsored retirement plans.