Wesley Karger News Today

David Daglio becomes CIO of the multifamily office.

We see both positives and negatives to President Bidens proposals. It all comes back to a family’s balance sheet, how their wealth is structured and importantly, their goals and objectives. Some moves the president is making on the tax front will of course impact a family’s tax liabilities negatively. However, family assets should also continue to grow at a healthy clip as a result of other initiatives, so there are growth opportunities that can help offset some of the new tax exposure. F...

The 2020 election did not result in the massive blue wave that many predicted, but there are definitely still blue ripples reaching shore—especially now that Democrats won both Senate seats in the Georgia runoff elections. With the Democrats controlling the White House and now both houses of Congress, there are certainly changes in tax policy and other areas that ultra-wealthy families should expect and watch closely. That said, we believe the pendulum probably will not swing as far left as...