written by Director of Investments, Jared Jones, CFP®, CIMA®, CeFT®, RLP® On Friday, news broke that Silicon Valley Bank had collapsed, marking the second-largest bank failure in U.S. history. Although it’s more complicated, essentially, it all boils down to the fastest-ever run on a bank. On Sunday night, a second bank, Signature Bank, failed. Although SEI is not a bank, we want to take this opportunity to review the safeguards in place for our clients’ assets at SEI. As a private trust company, SEI holds all client assets separately from… Read More
Post: SEI Monthly Tech Tips – Protection Tips: The Ransomware Problem is Growing Worse
Check out SEI’s latest Monthly Tech Tips release below: You may have seen news reports on the evolution of ransomware; this cyberattack is now being used to extort huge paydays from companies and governments. The problem has grown serious enough for the White House to warn organizations to better prepare for these attacks, which lock up vital data—and, increasingly, threaten to release it publicly. Ransomware remains a threat to individual computer users, too. The good news is that whether you’re protecting your personal information or your employer’s intellectual property, the tips from… Read More
Video: SEI’s Quarter-in-Review (Q2 2021)
Falling Rates and Climbing Vaccinations Boost Equities, Bonds and Commodities. The broad-based advance in equities, commodities and riskier fixed-income assets accelerated as interest rates generally declined, and vaccinations climbed around the world. Listen as Kevin Barr, Head of SEI’s Investment Management Unit, reviews the global financial markets in the second quarter. Watch the video here.
Video Commentary: CNR – Economic Perspectives
From our friends at CNR: We got a first look at GDP growth for this year, and the number was quite strong. It came in at 6.4% which is about twice as strong as the long-term average. Listen to Managing Director and Senior Portfolio Manager, Paul Single, as he discusses this further. Click Here for Video
Video Commentary: CNR – Market Perspectives
From our friends at CNR: The U.S. economic reopening continues to gather steam. Equity prices continue to rise, and a combination of stimulus, easing of virus fears, and continuing vaccinations is driving a surge in spending. Charles Boettcher, Managing Director and Senior Portfolio Manager, provides a market update in our latest Market Perspectives video commentary. Click Here for Video
Post: SEI Monthly Tech Tips – Privacy and Security in Pandemic Recovery
Check out SEI’s latest Monthly Tech Tips release below: Privacy and security are more than a compliance issue; businesses now view them as mission-critical priorities. That’s one of the big takeaways from a recent Cisco study that found enhanced importance of privacy protections during the pandemic, as well as benefits for businesses that adopt strong data-security measures. Upheaval At a time of disruption and uncertainty due to the pandemic, people have been suddenly expected, and at times required, to share their personal information to help curtail the spread of COVID-19. At the… Read More
The Shifting Investment Landscape
By Jared Jones CFP®, CIMA®, CeFT® Over the last 12-months some new trends in the investment world have started to emerge. That’s to be expected when you go through a paradigm shifting event like COVID. We can look back over past market crisis and see plenty of new trends emerge – most recently, the rise of index and ETF investing which came out of 2008/2009. The lexicon of investing has added some new terms over the past few months. If you haven’t been keeping up I’ll review a few here,… Read More
Video: SEI’s Quarter-in-Review (Q3)
Recovery Rolls On As COVID-19 Cases Climb. COVID-19 infections peaked among U.S. residents in late July and continued to fall through mid-September, before rising once again by quarter’s end. SEI senses that the next few months of what has already been an eventful year could prove critical to the future course of the global economy and financial markets. Kevin Barr, Head of SEI’s Investment Management Unit, provides an overview of the global financial markets and SEI’s perspective on them for the quarter. Watch the video here.
Video Commentary: CNR – Stronger Rebound in Q3
From our friends over at CNR: We’ve got some good news, and the aspect that the economy is growing at a pace much faster than many had anticipated just a few months ago. In fact, the Federal Reserve Bank upgraded their view on the economy, the labor markets, and inflation. Paul Single, Managing Director and Senior Portfolio Manager, goes into further depth in our Economic Perspectives video commentary. Click the link below to view. https://go.cnr.com/e/82322/insights-html-video-m831khj4y7/5p3gtq/618402543?h=kEb6XqbzeEUyXAzFpe38jH71GGbx9-BLenVHpieA26g
Post: CNR – Election Special Bulletin #1 – Tax Plan Proposals
From our friends over at CNR: The November 3 general election is less than two months away. Although the COVID-19 pandemic is still a major part of the fiscal policy debate in this election cycle, one of the main issues on the ballot this year will be the Tax Cuts and Jobs Act (TCJA), which significantly raised the threshold for the imposition of income and transfer taxes for many individuals, estates and pass-through entities. Many provisions of the TCJA are scheduled to sunset (expire) at the end of 2025 for… Read More