News &

Selected Press

Mar 8, 2024

Hiring Boom Continues, but Signs of a Cooling Labor Market Boost Rate-Cut Hopes

Unemployment ticked higher to 3.9% and wage growth slowed, despite a blockbuster hiring number

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Feb 22, 2024

Nvidia Shares Electrify Markets Around the Globe

The S&P 500, Stoxx Europe 600 and Nikkei all notched new highs

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Nov 9, 2023

Stocks Snap Winning Streak After Powell Warns Inflation Victory Not Assured

The S&P 500 fails to notch a ninth consecutive gain

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Jun 23, 2023

Where to Invest $1 Million Right Now

Five investment experts share where they see the best opportunities now.

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May 11, 2023

Stocks Mixed Despite Slowing Inflation Data

Investors say money is still sitting on the sidelines of stock markets

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Mar 1, 2023

S&P 500 Ticks Lower After Stronger-than-Expected Manufacturing Data

Investors worry robust economic indicators could prompt the Federal Reserve to keep interest rates elevated

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Feb 28, 2023

Papamarkou Wellner Asset Management to Change Name to Papamarkou Wellner Perkin and Launch M&A Advisory Arm

Papamarkou Wellner Asset Management will be rebranded Papamarkou Wellner Perkin (“PWP”). Driven by client demand, the firm will also be expanding its’ platform with the launch of a dedicated Mergers & Acquisitions Advisory vertical to compliment PWP’s existing businesses.

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Feb 21, 2023

Some Investors Are Missing Out on Higher Yields—and Don’t Know It

With ‘cash sweeps,’ brokerage firms automatically put uninvested client assets into a low-yielding bank-deposit program

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Jul 1, 2022

Inside the Rope: Karl Wellner Family Matters Managing the Wealth of Family Offices

Karl Wellner discusses managing the wealth of family offices on Australian podcast "Inside The Rope."

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Jul 1, 2022

Richest billionaires lose $1.4 trillion in worst half ever

Elon Musk’s fortune plunged almost $62 billion. Jeff Bezos saw his wealth tumble by about $63 billion. Mark Zuckerberg’s net worth was slashed by more than half.

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Mar 3, 2022

5 really bad financial decisions and how to avoid them

Retirement advice is as plentiful as the bills that roll in each month. But despite the avalanche of tips for boosting your savings, people still make dreadful financial decisions.

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May 14, 2021

Billionaires are selling mega-sized stock blocks after surge

Stock sales are reaping a windfall for the world’s richest shareholders.

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Apr 23, 2021

Wealthy families look to help family businesses in the pandemic

For the wealthy, an investment that gets around funds’ high fees and may earn good returns. And for the companies, a needed infusion of cash when other options have disappeared.

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Dec 4, 2020

Invest like a pro (athlete)? It could be profitable, and risky

With interest in private investments on the rise, getting into deals can take more than money. The cachet of pro athletes is one group’s way of differentiating itself.

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Sep 28, 2020

Trump paying $750 in income tax shows why he’s a billionaire

A New York Times story based on Donald Trump’s long-sought-after tax data shows he avoided paying income taxes for most of the past two decades and paid only $750 the year he was elected president.

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Oct 9, 2019

Small-cap stocks are primed to outperform large caps over the next 10 years

It might be time to buy into small-cap stocks even though they are lagging their large-cap counterparts, some strategists say.

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Jul 16, 2019

Stocks slip from record highs after trump says ‘long way to go’ on trade talks with china

Stocks fell from record highs on Tuesday after President Donald Trump cast doubt on the trade progress between China and the U.S.

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Jun 10, 2019

Rich families are having awkward conversations about governance

There are a lot of touchy subjects to bring up when you want to preserve wealth over generations.

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Jun 1, 2019

Where to invest $1 million right now

Uncertainty has been the name of the investing game for most of 2022. Consider the reaction to cooler-than-expected US inflation data for October: Investors were euphoric, with the S&P 500 posting its best reaction to a CPI report on record. However, a key part of the yield curve also inverted, indicating the risk of a recession is growing.

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May 16, 2019

Selling because of the trade war turbulence could cost you a lot of money over the long term

The volatility in the stock market has recently picked up amid an escalating trade war between the U.S. and China, but regular investors with a long-term horizon are better off just riding out the tough times, even when they get pretty scary, history shows.

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Apr 8, 2019

Why global investors are steering clear of brexit-battered stocks

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Dec 30, 2016

After a year of faulty predictions, 3 approaches to investing

There is one thing analysts can agree on about the year that is coming to a close: 2016 confounded predictions and expectations. From how stocks would perform to who would win the presidency, this was a bad year for people who tell us what tomorrow will bring.

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Sep 14, 2016

Meet a friend of wall street's hated bull market

Thorne Perkin, president of Papamarkou Wellner Asset Management, can’t understand why most investors don't like the Wall Street bull and keep dissing it all the time.

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Jun 10, 2014

Competition is stiff to manage tech billions

When Microsoft went public in 1986, its chief executive and largest shareholder, Bill Gates, wound up with a broker at Goldman Sachs , the Wall Street firm that had led the company’s initial public offering.

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Economic Commentary