July 2025 market update
June saw a further complication of the macro situation as U.S. military involvement in Iran was added to ongoing tariff confusion and a worsening of the economic outlook for the balance of 2025 and into 2026. The month also saw the progress through Congress of the âBig, Beautiful Billâ that will potentially massively increase the deficit and a very public breakup between the richest man in the world and the most powerful one.
The Quorum Private Wealth guide to trusts
Trusts (or trust funds) are one of those financial planning terms that starts to feel diluted over time. People have a general sense of what trusts are, but many would be hard pressed to define the specifics. Given how important trusts can be to a strong financial, estate, and tax plan, we want to spend some time getting into the details and specifics of trusts. Weâll cover what trusts are (and how they work) as well as common types of trusts and when you might consider using them.
June 2025 market update
May was a month of differing perspectives. Markets turned positive on a belief that a solution on tariffs would be eventually forthcoming, and the continued whipsawing headlines began to have a muted impact. The Fed stuck to its position that more data was needed before a further move on rates. Economic data remained positive, painting the picture of an economy that is still healthy and potentially resilient. Economists and other observers, however, began to tilt somewhat towards a scenario in which challenges begin to arise.
Long-term health care and your legacy
Most of us will need some form of long-term care as we ageâand long-term care is notoriously expensive. While wealthy families may not need to worry about the cost of care, failure to plan for these expenses can jeopardize a familyâs long-term plan and legacy.
How to manage the emotional impact of sudden wealth
A sudden influx of moneyâthe kind that comes from an inheritance, settlement, sale of a business, or similar big money eventâcan come with emotional strings attached. In fact, large paydays have such an emotional impact that therapists have begun referring to the phenomenon as sudden wealth syndrome.
How GRATs work
Grantor retained annuity trusts (GRATs) are a type of irrevocable trust used ahead of big-money events where assets will increase in value over a short period of time, like IPOs or the sale of a business.
The employerâs guide to competitive pay packages
At Quorum, weâre committed to financial literacy, and that doesnât just mean for individuals. Whether youâre a top executive at a larger company or an entrepreneur growing a startup and wondering what tools you might have at your disposal, there are numerous compensation options to consider. In this article, weâll provide an overview.
