We believe that alternative investing is the next wave in the evolution of wealth management for high-net-worth investors. Billions of assets are transitioning from stocks and bonds to alternative investments and tax-loss harvesting strategies. As Wayne Gretzky famously said, "I skate to where the puck is going, not to where it has been." We have been at the forefront of this evolution, and our clients are enjoying similar success as pensions, endowments, and family offices have for the past 50 years. Private investments in the form of equity, credit, real estate, along with general partnership stakes in private investment companies, ownership in professional sports franchises, and our cutting-edge tax-loss harvesting strategy is where smart money is moving. Skillfully integrating alternatives into an investment portfolio has the potential to increase diversification, lower volatility, gain access to unique investment opportunities, reduce taxes, and enhance returns.
Congratulations to Summit Financial advisor Joseph W. Spada, CFP® for being named a finalist in the inaugural InvestmentNews Excellence Awardees Advisory of the Year: Alternative Investments category! Per the publication, “The list of excellence awardees represent an outstanding collection of the industry’s most dedicated, diligent, and diverse individuals and organizations." This recognition is reflective of Joe’s steadfast commitment to bringing his clients best-in-class, innovative investment solutions to enhance client outcomes and deliver an exceptional client experience. Awards are generally limited to participating advisors and no fee was required to be included. View the full list of awardees and methodology here: https://lnkd.in/evq8KWUn
