Our Insights

Markets advanced in Q3 2025 as concerns over tariffs earlier in the year subsided. Investors took comfort in lower-than-expected final tariff rates and signs that evolving trade deals would limit economic disruption. Combined with renewed enthusiasm for artificial intelligence (AI) and a resumption of interest rate cuts, these developments fueled a strong rally.

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.

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.