“Uncertainty will always be part of the taking charge process.”  – Harold Geneen, American Businessman, Former President and Chief Executive of ITT Corporation

How quickly 2017 came and went with many positive surprises for our clients (our numerous defensive and traditional equity strategies delivered estimated performance of more than 20% net for the year*).  But was our strategies achieving all-time year-end highs such a surprise?

Yesterday, December 20, 2017, Congress passed sweeping tax reform and the President is expected to sign it into law shortly.  You may be wondering how this will affect you and the amount of tax that you will pay.  Are there any steps that you can take that will lower your federal income tax liability?  The answer is probably yes.  Effective tax planning can help reduce your tax bill, leaving you with more money to meet other financial obligations and pursue your goals.

Continue Report

“If you can remember that stocks aren’t pieces of paper that gyrate all the time – they are fractional interests in businesses – it all makes sense.”  Seth Klarman

The third quarter proved to be a very successful one for our clients with all of our traditional and defensive strategies recording meaningful gains.

“The future has a way of arriving unannounced.”

-George Will, Journalist

We are pleased to report that our clients enjoyed another very successful quarter.  The majority of our investment strategies exceeded the performance of their respective benchmarks…

Bruce A. Siegel, Executive Vice President and General Counsel at First Long Island Investors, works with clients to develop strategies that enable their estates to be structured in ways that will meet their investment, philanthropic, and legacy goals.  He recently took his own advice in support of the Diabetes Research Institute Foundation.