Summit Trail Advisors

For our clients who are concerned about climate change and its impact on investment performance, Summit Trail is proud to announce that we have collaborated with Morningstar and Parametric on the launch of the Morningstar US Low Carbon Transition Leaders Index. Our tool kit of Sustainable Investing strategies continues to grow.   To learn more, please visit here: https://lnkd.in/e3hN8JRn

Last week, Summit Trail Partner Jonathan Williams and Weathervane Capital Partners hosted a Family Office Forum at the Union League in Philadelphia. Clients and friends joined us for dynamic discussions with nationally recognized speakers on family governance, family office structuring and tax strategies, along with a timely commercial real estate panel. Thank you Bob Nutting, owner of the Pittsburgh Pirates, and Wayne Kimmel, Managing Partner of SeventySix Capital, for joining us for an insightful discussion on the asset class of sports. 

Did you know that more than 20% of all US electricity is now produced using renewable energy? Wind, hydropower, and solar are the dominant contributors to this production. In recognition of Climate Week NYC, here are key statistics that highlight the ongoing transformation of the US economy and how it uses energy. https://lnkd.in/gbX-Pw2z

Summit Trail Advisors is proud to share that we have been recognized as one of the top RIA firms by Barron’s for 2024! #BarronsRanked   Disclosure: This ranking was given by Barron’s in 2024. Summit Trail did not pay compensation to be considered for the award. For the full Barron’s 2024 list and for information regarding the ranking methodology, please visit https://lnkd.in/eCP8fPjB

Founding partners Jack Petersen and David Romhilt recently spoke with Barron's about Summit Trail’s growth journey, the firm’s approach to investing in a volatile market, and the importance of guiding UHNW families on generational wealth transfer. Read the full interview here: https://lnkd.in/eFWErc54

In his interview for InvestmentNews with Gregg Greenberg, our Managing Partner Jack Petersen discussed navigating estate planning challenges of the ultra-high-net-worth, the importance of coordinating advisors to simplify our clients’ financial lives, and why education and communication is crucial in aligning families for succession planning. To watch the interview visit: https://lnkd.in/eJ7T_Ker

Earlier this month, our Chicago team volunteered with the Chicago Park District at Skinner Park. It was a hands-on day where the team cleaned up the park’s garden, spruced up a local mural, and gave back to the local community.

We are thrilled to welcome Paul D Hoskin, CFP ®, based in Newport Beach, CA, to Summit Trail Advisors. With expertise in helping business owners with their capital needs, succession planning, and guiding their generational wealth, Paul will be crucial to the further expansion of Summit Trail’s business in the Southern California market. To read the full article, click here: https://bit.ly/3XdED1W

As the potential lifetime tax exemption looms, clients often express to our advisors their concerns about how much and when to gift assets. From lack of accessibility to how a wealth transfer would impact the next generation, our Head of Planning Services, Alex Shapses, shares common strategies to alleviate these uncertainties and provide flexibility to implement changes without jeopardizing the gift. ___________________ Readers are advised not to act upon this information without seeking the service of a professional accountant. Any U.S. federal tax advice contained in this post is not intended to be used for the purpose of avoiding penalties under U.S. federal tax law.

In his 2024 Mid-Year Market Review, Summit Trail CIO David Romhilt discusses how technology has been the only sector adding value to the S&P 500 Index over the last five years which creates a challenging environment for advisors to either buy into the momentum or risk underperformance.