Knowledge Center

|

Proven Wealth Management Solutions.

Are you beginning your journey towards wealth management? Are you interested in learning more about best practice wealth management techniques? Do you want to protect your assets and provide a legacy for your loved ones? We invite you to enter the Pinnacle Trust Knowledge Center to read blogs, watch financial advisory videos, and gain further insights into our proven wealth management solutions.

Bitcoin: Currency of the Future or Bubble of the Present

There is certainly a lot of buzz lately about Bitcoin, and a lot of uncertainty about the how, what and why of it. This will be a somewhat lengthy, meaty post. So, if you want to know our current opinion/bottom line, skip to the last paragraph. A great deal of the commentary comes from Howard Marks, the founder of Oaktree Capital Management. 

Read More

Tax Reform: The Home Stretch

Tax Reform: The Home Stretch

Tax reform legislation has now passed both chambers of Congress and looks very likely to become law by year-end. While the final tax bill will undoubtedly look quite different from what has been proposed in both the House and the Senate, the key question for investors is who stands to benefit the most, or the least, from the proposed reforms.

Read More

Executor vs. Trustee Explained

I am often asked to explain the difference between the executor and the trustee. To most people, the two words mean the same thing. However, the roles of either are distinctly different. The similarity that leads to the confusion, however, is that an executor and the trustee are both “fiduciaries.” Fiduciary is commonly defined as a person or an entity that owes a duty of loyalty and good faith to another person. A fiduciary occupies a position of trust and is bound both legally and ethically to act in the best interest of another. In this regard, the confusion is understandable because either an executor or a trustee is called upon to perform a task on the behalf of someone for the benefit of another.

Read More

Ex-Patriot Retirement Living

 It is estimated that 10,000 baby-boomer turn age 65 every day and will for the next 15-20 years. Many are financially unprepared to maintain their lifestyles throughout what is being called a “thirty-year period of unemployment.” But as gloomy as the financial industry seems to paint the preparedness of this generation, their creativity and resilience to a change in comfort and lifestyle has also created new ways of thinking about retirement, such as second careers, lifestyle businesses, and for some, ex-patriot life.

Read More

Thoughts on a Tax Cut

The Republican tax plan recently unveiled calls for as much as $6 trillion in tax cuts.  Will the cuts (assuming Congress can approve) be the needed boost for economic growth?

Read More

Don't Fight the World Central Banks

Since the 2008 financial crisis, we have witnessed nearly a decade of policy experimentation from the U.S. Federal Reserve. The most noteworthy of these policy experimentations has been known as quantitative easing, which was a strategy to purchase vast quantities of government bonds and mortgage-backed securities in an effort to keep interest rates low (and stimulate the economy). That rescue has worked to a large degree, but it has also bloated the Fed’s balance sheet to an unheard-of $4.5 trillion.

Read More

We're Continuing To Grow

Pinnacle Trust is pleased to announce that Patrick M. Kingsmill and David Waddle have joined the company.

Read More

Aging Bull (and Life Lessons)

Today, I'd like to feature two charts from Ned Davis Research before moving on to a more personal topic.  The first is the NYSE Composite Median P/E Ratio. At 26.5 times earnings, this chart indicates that stocks are extremely overvalued at current levels.

Read More

Macro Indicators

MACRO INDICATORS 

The first seven months of the year have been kind to risk assets despite a lackluster economic backdrop.  The fact that these stock market gains have occurred alongside record-low volatility has made some investors nervous that a pullback is lurking just around the corner. However, today's low levels of volatility can be explained by the Fed trying, and succeeding, in creating a more stable environment for the markets. 

Read More

Two Different Stories: Stocks vs Bonds

As we have entered the second half of 2017, we have seen record highs in the equity markets. Earnings have begun to report this week, with the trend of beating the street so far.  An expected increase in earnings suggests stronger growth ahead.  This positive trend could continue given the pullback in the dollar.  When we see declines in the US dollar, as we have this year, it helps boost earnings of US companies that sell products overseas.

Read More