Stocks boomed again in 2024, delivering a strong performance powered by interest rate cuts and hopes for economic growth.

Can the bull market keep running? Is a correction hiding around the corner?

We'll dive into what happened in the final months of 2024 and what we might see in the first months of 2025.

Advisory services are provided through Prosperity Capital Advisors LLC (“PCA”) an investment advisor registered with the United States Securities and Exchange Commission (SEC). Views expressed herein represent the opinions of PCA and are not intended to predict or depict performance of any particular investment.

All data provided, including any reference to specific securities or sectors, is provided for informational purposes and should not be construed as investment advice. It does not constitute an offer, solicitation, or recommendation to purchase any security. Consider your investment objectives, risks, charges and expenses before investing. These views are as of the date of this publication and are subject to change. Past performance is no guarantee of future performance.

With a strong but volatile push into the fourth quarter of 2024, the stock market has delivered great results to investors who have stayed disciplined.

In this video, we will discuss the 3 key themes on the minds of investors as we enter into the fourth quarter of 2024. We will discuss:

✅ What could the start of the Fed rate cutting cycle mean for investors?
The Federal Reserve kicked off its highly anticipated rate cutting cycle with a 50-basis point reduction in September 2024. History shows cash yields decline rapidly following the start of cutting cycles, falling by 2% on average just twelve months later. U.S. stocks have delivered a positive return of 7.2% one year after the initial cut, though depending on whether the economy avoids a recession or not within that year has led to starkly different results (+19.6% vs. –2.7%).

✅ How have markets performed in the months surrounding presidential elections?
Based on trends, we shouldn’t be surprised if we see an increase in volatility leading up to the U.S. presidential election. That said, history shows that it may be temporary, as markets tend to calm rather quickly once the results are in. A similar trend can be seen in stock prices, which on average have been choppy beginning in September and lasting into November of election years. However, after Americans go to the polls, investors who stayed the course have historically been rewarded with strong gains, both in the short- and long-term.

✅ Why should investors think of market volatility as an opportunity?
Volatility is a feature of investing, not a defect. However, many investors instinctually view it as something to fear and avoid, which can lead to poor behavior and subpar long-term results. Investors could benefit from thinking of the VIX as an “opportunity index.” Because while it’s always a good time to invest, history shows that some of the best opportunities have come during periods associated with elevated volatility.

🖥 Looking for an advisor who truly understands financial planning, investments, taxes, protection planning, and legacy planning? Visit our website https://alisonwealth.com

Advisory services are provided through Prosperity Capital Advisors LLC (“PCA”) an investment advisor registered with the United States Securities and Exchange Commission (SEC). Views expressed herein represent the opinions of PCA and are not intended to predict or depict performance of any particular investment.

All data provided, including any reference to specific securities or sectors, is provided for informational purposes and should not be construed as investment advice. It does not constitute an offer, solicitation, or recommendation to purchase any security. Consider your investment objectives, risks, charges and expenses before investing. These views are as of the date of this publication and are subject to change. Past performance is no guarantee of future performance.

On August 16, 2024, Presidential candidate Kamala Harris released details of her economic and tax plan. Bob Keebler analyzes the estate and gift tax proposals contained in the proposed American Housing and Economic Mobility Act of 2024.

In this video, we will break down the income and estate tax considerations of her proposal.

We will discuss:
➡️ Exempting Tip Income from Taxation
➡️ Expanding Tax Credits for Families
➡️ Housing Tax Incentives
➡️ Clawing Back Deductions
➡️ Corporate Income Tax Rate
➡️ Higher Tax Rates
➡️ Capital Gains Tax Reform
➡️ 32% increase to Medicare Tax for people earning over $400k
➡️ Additional Tax on Retirement Accounts over $10m & earnings over $400k
➡️ Financial Transaction Tax
➡️ Apply wash sale rules to Crypto and digital assets
➡️ Limiting Like-Kind Exchanges to $500k
➡️ Reducing the Estate & Gift Tax Exemption Amount
➡️ Increasing the Estate Tax Rate
➡️ Eliminating the Step Up in Basis for Grantor Trusts
➡️ Reducing the Annual Gift Exclusion to $10,000 with an annual cap of $20,000 per person
➡️ Creating a 10-year life for GRATs and imposing a 10% remainder interest
➡️ Ending Grantor Trusts
➡️ Limiting Discounts on Certain Assets
➡️ Imposing a Surtax on high income trusts and estates of 5% for AGIs over $200k and another 3% for AGIs over $500k
➡️ A minimum 25% tax on total income (inclusive of unrealized capital gains) for taxpayers with wealth greater than $100 million

🖥 Looking for an advisor who truly understands financial planning, investments, taxes, protection planning, and legacy planning? Visit our website https://alisonwealth.com

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*Welcome to Alison Wealth's Official YouTube Channel, where managing wealth is made simple for high-net-worth families and individuals*

Our channel offers a streamlined approach to wealth management, combining tax, investment, and advisory services under one roof with Prosperity Capital Advisors, an SEC-registered investment advisor. We understand that with more wealth comes the need for smarter decisions, not just for now but for the future. Our videos are crafted to give you clarity and boost your confidence in protecting and growing your wealth. From reducing taxes to estate planning and asset management, we cover everything you need to make informed choices. At Alison Wealth, we act as your household CFO, offering comprehensive solutions that align with your values and goals.

➡️ We tackle the complexities of wealth, providing strategies for asset maximization, tax efficiency, and legacy building, all in clear, simple language.Our unique approach breaks down the barriers between different financial services, showing you how to integrate them seamlessly into your life. Whether you're navigating the challenges of wealth or looking to optimize your financial future, our channel is your go-to resource for practical advice and expert insights.

Advisory services are provided through Prosperity Capital Advisors LLC (“PCA”) an investment advisor registered with the United States Securities and Exchange Commission (SEC). Views expressed herein represent the opinions of PCA and are not intended to predict or depict performance of any particular investment.

All data provided, including any reference to specific securities or sectors, is provided for informational purposes and should not be construed as investment advice. It does not constitute an offer, solicitation, or recommendation to purchase any security. Consider your investment objectives, risks, charges and expenses before investing. These views are as of the date of this publication and are subject to change. Past performance is no guarantee of future performance.

Can a presidential election year bring stability to your portfolio? Find out how historical trends and informed strategies can guide you through the noise. In this episode, we explore the third quarter 2024 market intel report, revealing that global equity markets have returned a solid 10% so far. Despite the usual election-year volatility, we underscore the critical importance of maintaining a diversified investment strategy. Learn why focusing on fundamental market drivers, rather than short-term political distractions, is key to long-term success. We also delve into the Federal Reserve's actions in the current economic climate, discussing the implications of persistent inflation and rising interest rates.

Navigating market uncertainty with confidence is crucial, especially in an election year. We provide valuable insights on staying committed to your financial goals amidst the political noise. Discover why historical data suggests that presidential election years aren't necessarily detrimental to market performance. Also, learn the importance of discussing your risk tolerance and any concerns with your advisor to make necessary adjustments to your portfolio. Stay on track with your investment strategy by aligning it closely with your needs and comfort level. Reach out to our team with any questions, and we'll reconnect next quarter to continue guiding you through the financial landscape.

Advisory services are provided through Prosperity Capital Advisors LLC (“PCA”) an investment advisor registered with the United States Securities and Exchange Commission (SEC). Views expressed herein represent the opinions of PCA and are not intended to predict or depict performance of any particular investment.

All data provided, including any reference to specific securities or sectors, is provided for informational purposes and should not be construed as investment advice. It does not constitute an offer, solicitation, or recommendation to purchase any security. Consider your investment objectives, risks, charges and expenses before investing. These views are as of the date of this publication and are subject to change. Past performance is no guarantee of future performance.

Unlock the secrets to masterful tax management with our latest episode where we navigate through the transformative landscape post the Tax Cuts and Jobs Act of 2017, they shed light on how Alison Wealth Management has redefined the way we approach tax planning. From our early family office days to serving a diverse clientele, this episode promises to equip you with the strategies you need to triumph over the incoming tax shifts that could affect your bottom line.

We're at a pivotal moment as the sunset phase of the Tax Cuts and Jobs Act looms, stirring the waters of the tax world. You'll discover why this year and next year are critical for anyone paying taxes, as we delve into what the reduction in standard deductions and hike in tax brackets could mean for your wealth.

Our experts dissect the nuances of advanced planning methods that could shield your income and prepare you for the financial reverberations of these changes. Business owners, retirees, and high income professionals alike will find invaluable insights to stay ahead of the curve.

Lastly, we pull back the curtain on sophisticated estate planning tactics in response to the evolving tax code. Hear real-world applications of how lifetime giving trusts and irrevocable trusts can fortify your legacy against the impending reduction of gift and estate tax exemptions. We'll also explain how survivorship life insurance policies can be a game changer in your financial arsenal. By the end of this episode, you'll be equipped with the foresight to craft a legacy that not only survives the taxman but thrives for generations to come.

Advisory services are provided through Prosperity Capital Advisors LLC (“PCA”) an investment advisor registered with the United States Securities and Exchange Commission (SEC). Views expressed herein represent the opinions of PCA and are not intended to predict or depict performance of any particular investment.

All data provided, including any reference to specific securities or sectors, is provided for informational purposes and should not be construed as investment advice. It does not constitute an offer, solicitation, or recommendation to purchase any security. Consider your investment objectives, risks, charges and expenses before investing. These views are as of the date of this publication and are subject to change. Past performance is no guarantee of future performance.

Join us on the Complete Wealth Management Podcast, Episode 19, where Certified Financial Planners and Tax Experts Dave Alison, Conrad Levesque, and David Roth delve into considerations, planning, and strategies for a sudden financial windfall. Whether you’ve received an inheritance, sold a business, or cashed out stock options, this episode provides essential considerations for managing your financial windfall.

➡️ Key Topics Covered:

1. Retirement Planning: Explore how to make the most of your newfound wealth while securing your future.
2. Tax Management: Understand the tax implications of your windfall and strategize accordingly.
3. Creating Cashflow: Learn how to generate income from your assets to sustain your lifestyle.
4. Inflation Impact: Consider the long-term effects of inflation on your income.
5. Legacy and Charitable Planning: Discover ways to leave a lasting impact through philanthropy.

Join us as we unravel the complexities of financial windfalls, debunk myths, and provide evidence-based insights. Whether you’re a seasoned investor or new to wealth management, this episode offers valuable guidance.

Subscribe now to the Complete Wealth Management Podcast and unlock the secrets to maximizing your financial potential! 🌟

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Advisory services are provided through Prosperity Capital Advisors LLC (“PCA”) an investment advisor registered with the United States Securities and Exchange Commission (SEC). Views expressed herein represent the opinions of PCA and are not intended to predict or depict performance of any particular investment.

All data provided, including any reference to specific securities or sectors, is provided for informational purposes and should not be construed as investment advice. It does not constitute an offer, solicitation, or recommendation to purchase any security. Consider your investment objectives, risks, charges and expenses before investing. These views are as of the date of this publication and are subject to change. Past performance is no guarantee of future performance.

Have you ever wondered if presidential elections should sway your stock portfolio strategy? This episode might just shift your perspective. We sift through a century's worth of data, debunking doomsday assumptions about market performance in election years. While some investors joke about packing for Canada based on political outcomes, we're here to anchor you to a data-driven approach. Join Dave Alison & Dr. Apollo Lupescu as they provide insight into evidence based investment strategies to help you get ahead in an election year.

In this episode, Dave and Apollo will unravel the tangled strings that connect politics to your investment's fate—a narrative less influenced by who occupies the Oval Office and more tied to the companies' strategies and market innovation. Reflecting on historical market trends, we bring you tales of industry giants and unexpected market twists that drive home the point: politics is just one piece of the intricate puzzle of the stock market. Celebrate the victories of the patient investor with us, and embrace the heartening statistic that the market basks in gains three out of every four years. Join us in this episode for a journey through history, strategy, and the art of keeping a cool head in the heat of political and market fluctuations.

Advisory services are provided through Prosperity Capital Advisors LLC (“PCA”) an investment advisor registered with the United States Securities and Exchange Commission (SEC). Views expressed herein represent the opinions of PCA and are not intended to predict or depict performance of any particular investment.

All data provided, including any reference to specific securities or sectors, is provided for informational purposes and should not be construed as investment advice. It does not constitute an offer, solicitation, or recommendation to purchase any security. Consider your investment objectives, risks, charges and expenses before investing. These views are as of the date of this publication and are subject to change. Past performance is no guarantee of future performance.

Unlock the secrets of meaningful philanthropy and ensure your generosity leaves a lasting impact. Joining me is Christopher P. Woehrle, JD, LLM, an adjunct professor of taxation at the Widger School of Law, Villanova University.

Chris is a tax attorney & philanthropy expert with a heart for giving. In this episode, we explore the depths of strategic philanthropy. Chris will share his wisdom on how deliberate planning trumps impulsivity, paving the way for contributions that not only resonate with your personal values but also offer significant tax advantages. The discussion pivots from the why to the how of giving, presenting a plethora of options for those integrating philanthropy into their financial fabric.

The art of giving extends beyond the individual; it's a potent family endeavor with the power to bind generations through shared values. We dissect the importance of a family philanthropy plan, emphasizing the crafting of a mission statement that acts as a compass for your charitable journey. I share strategies for including children in philanthropic activities, ensuring the notion of giving back is a legacy as inheritable as the wealth itself. Chris and I agree – philanthropy isn't just about money; it's a teaching tool, a vehicle for instilling empathy, and a catalyst for preparing the young minds of your family for the roles they'll one day assume.

As we wrap up our conversation, we navigate the often complex intersection of charitable giving and tax benefits. We demystify donor advised funds, private foundations, and charitable remainder trusts, equipping you with the knowledge to make savvy decisions that benefit both your heart and your wallet. And a gentle reminder: though Chris and I offer a banquet of insights, always consult with the appropriate financial professional for guidance tailored to your specific circumstances.

About Christopher P. Woehrle, JD, LLM:

Chris has served as a member of the editorial board of Trusts & Estates magazine since September of 2014. Chris has written extensively on how to improve retirement income through philanthropic planning. In recognition of his writings on use of split-interest charitable giving in coordination with financial and retirement planning goals, Chris received from Trusts & Estates a 2017 Distinguished Author Award.

Prior to his arrival at The American College, Chris enjoyed a seventeen career as a senior development professional and executive. During his tenure as Senior Associate Vice President and Acting Senior Vice President of Institutional Advancement at Drexel University, Chris was a five time achiever of the Philanthropy 400 status, awarded to the most productive development programs in the United States.

Chris is married to Lann Woehrle, MD, a retired member of the medical staff at Pennsylvania Hospital. In addition to supporting his wife’s philanthropy in pancreatic cancer research, Chris has endowed a named scholarship at his prep school and supported two bricks and mortar campaigns each at the major gift level. Chris & Lann are members of the Leadership Board of the McGovern Institute of Brain Resear

Advisory services are provided through Prosperity Capital Advisors LLC (“PCA”) an investment advisor registered with the United States Securities and Exchange Commission (SEC). Views expressed herein represent the opinions of PCA and are not intended to predict or depict performance of any particular investment.

All data provided, including any reference to specific securities or sectors, is provided for informational purposes and should not be construed as investment advice. It does not constitute an offer, solicitation, or recommendation to purchase any security. Consider your investment objectives, risks, charges and expenses before investing. These views are as of the date of this publication and are subject to change. Past performance is no guarantee of future performance.