Our Insights

Markets remained resilient in the second quarter of 2025, despite experiencing a sharp dip at the beginning of the quarter. Volatility was sparked by threats of extreme U.S. tariffs combined with tensions in the Middle East. However, markets eventually reacted favorably to both the moderation of the expected duties and economic indicators that remained surprisingly strong. The S&P 500 and Nasdaq Composite both climbed to record highs after dropping near bear territory. International stocks continued to outpace U.S. peers through 2025, with emerging markets rallying amid easing trade fears. Despite the early volatility, the quarter proved to be one of resilience and historic recovery for U.S. stocks. However, investor uncertainty continues to linger.

After periods of volatility and uncertainty, 2024 was a remarkably positive year for stock investors.

Despite persistent geopolitical tensions, elevated inflationary pressures, and a divisive U.S. election, markets delivered a second consecutive year of double-digit returns. Inflation, while remaining above the Federal Reserve’s 2% target, slowed sufficiently to enable three rate cuts during the year. Concurrently, fears of significant domestic economic disruption from foreign conflicts proved overstated, and the U.S. election produced a decisive and, contrary to expectations, uncontested result—an outcome that brought much-needed clarity to investors.

This presentation compares two popular savings options for education and minors: the 529 College Savings Plan and the Uniform Transfers to Minors Act (UTMA) / Uniform Gifts to Minors Act (UGMA) accounts. We'll explore their key features, benefits, and considerations to help you make an informed decision about which option best suits your financial goals.

When a loved one suffers from a disability, the challenges of managing day to day can consume your energy and make thinking of the future daunting. However, failure to plan properly may deny your loved one access to benefits.