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Family Office Insights

Wiss Family Office is a financial advisory boutique, curating solutions for all issues related to your family and the complexity that wealth brings with it. We are dedicated to working with family business owners, entrepreneurs and executives – in short, innovators – and their families to provide fully integrated solutions that address the financial complexities that come with wealth, protect lifestyles throughout economic cycles, and help grow our clients’ wealth beyond liabilities, taxes, and inflation.

    How concerned should I be about inflation?

    If you pay attention to financial news, you are probably seeing a lot of discussion about inflation, which has reared its head in the U.S. economy after being mostly dormant for the last decade. In May 2021, the Consumer Price Index for All Urban Consumers (CPI-U), often called headline inflation, rose at an annual rate of 5.0%, the highest 12-month increase since August 2008.1

    What are the proposed tax increases on personal investments?

    President Joe Biden’s American Families Plan includes some significant overall tax increases to fund its costs. A key part of his tax plan includes substantial increases in the capital gains tax rate for some taxpayers. Here is a rundown of what could change as far as capital gains and what this could mean for your clients.

    How will estate tax change?

    Currently, U.S. citizens and non-U.S. citizens domiciled in the U.S. are entitled to an $11.7 million gift and estate tax exemption and are subject to a maximum marginal gift and estate tax rate of 40%. And while the gift and estate tax exemption is scheduled to drop to approximately one-half the current amount on January 1, 2026, there also are tax proposals in play that could change the estate and gift tax laws much sooner.

    What are institutional money managers’ recent market views?

    Institutional managers are staying pro-risk and look for opportunities from any turbulence.  The risk signals are flashing expansionary and overall readings are among the strongest in history.  Macro environments are likely to give way to slower, still robust economic and earnings growth powerful  enough to elongate the current bull market, but unease over Fed policy and inflation could keep equities range bound in the near term.

    Comprehensive Range of Services

    Our clients benefit from the combined expertise of Wiss & Company LLP and Wiss Private Client Advisors – acting as Chief Financial Officer and Chief Investment Officer across all seasons of their lives and varying business cycles.

    How can our Family Office Team help you today?

    Stephanie Hughes

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    Disclaimer: This document contains certain forward-looking statements which indicate future possibilities. Actual results may differ materially from the expectations portrayed in such forward-looking statements. As such, there is no guarantee that any views and opinions expressed in this document will come to pass. Additionally, this document contains information derived from third party sources. Although we believe these sources to be reliable, we make no representations as to the accuracy of any information prepared by any unaffiliated third party incorporated herein, and take no responsibility therefore. For information about your particular account holdings, please review the statements you receive directly from the custodian of your accounts or contact us. All expressions of opinion reflect the judgment of the authors as of the date of publication and are subject to change without prior notice. Investment advisory services offered through Wiss Private Client Advisors, LLC. 

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