TRENDS & PERSPECTIVES
Examining The Risks Of ETFs written by Mark Peters and Justine Decoste focuses on Exchange Traded Funds, or ETFS--what purpose they serve, why demand for ETFS has grown, and Federal Street Advisors' position on the use of these porducts.
CAMBRIDGE, MA-The Responsible Investment at Harvard Coalition announced Wednesday that it had invested contributions from 450 donors in a socially responsible fund withheld from Harvard University. The Fair Harvard Fund, designed as an alternative endowment fund, will be invested in the Portfolio 21 Global Equity Fund.
Their article, "8 Mistakes Advisors Think Accountants Make", John contributes the first mistake to misundertanding the way the Pease rule (the itemized deduction phase-out) works.
When 62-year old industry veteran John LaPann decided it was time to hand over the reins of Federal Street Advisors, the $4 billion Boston RIA and family office he founded 22 years ago, observers may have reasonably concluded his successor would emerge from the ranks of firm veterans now in their 50s.
The article "Invest and Do Good" highlights ways investors can align their investments with their values.
In their article "The Ethical Dimension" they focus on how foundations and endowments can integrate ESG considerations into their investment portfolios beyond simply screening.
Federal Street was ranked #7 in assets under management per client and was profiled by the magazine.
Bloomberg once again included Federal Street in its 2012 ranking of Top 50 Family Offices.
Boston Business Journal ranked Federal Street #17 in its 2012 list of Area's Largest Independent Investment Advisers.
The cover story of the August 27 issue of Barron's features firms that continue to climb despite challenging market conditions, noting that "it's not easy to thrive as an independent advisor these days."
Financial Advisor Magazine releases RIA Ranking for 2012 - Federal Street ranks number 1 in New England!
Financial Advisor Magazine annually ranks the top RIA firms in the United States. In this national ranking Federal Street ranked 21. Of the firms located in New England Federal Street was number 1.
Worth Magazine highlights Federal Street's article, "Raising Philanthropic Children: Lessons from the Field", in recent issue
In the July issue of Worth Magazine they feature highlights from the article which includes suggestions to parents on how to teach kids about philanthropy such as starting early, leading by example and giving children some control.
As wealth is passed along by baby boomers, firms are working to appeal to younger clients.
"Strategic Default: When is it Right For Homeowners? Can clients get over the shame of defaulting on a mortgage?"
Investment News ranks Federal Street as one of the top registered investment advisors in Massachusetts
Federal Street is listed as number 2 in Massachusetts by Investment News and placed 13th nationally.
At a point in their lives when they could barely afford to make a mistake, many people have. Many advisors' clients are at or near retirement age, so the financial crisis could not have come at a worse time.
Bloomberg released their annual top 50 ranking of Family Offices. Federal Street is pleased to have been ranked number 22.
Barron's identified America's top independent financial advisors and John ranked 26. The ranking reflects the volume of assets overseen by the advisors and their teams, revenues generated for their firms and the quality of the advisors' practices.
Federal Street was listed number 16 by Advisor One Magazine in its annual ranking of the 100 Top Wealth Managers in 2011.
Federal Street is pleased to have been placed in Bloomberg's top 25 of family offices.
John LaPann quoted in Boston Business Journal article "Wild ride for advisers: Hours spent getting ahead of tumult and advising clients to sit tight"
Federal Street had worked to set expectations with clients in the prior weeks, and a month ago had started advising some clients to set aside enough cash to ride through any serious swings, said LaPann, the firm's president and chief investment officer.
Financial Advisor Magazine has just announced their 2011 RIA rankings, and once again, Federal Street Advisors is the top firm in New England. Overall the firm was ranked number 17 based on assets under advisement.
The myriad changes and opportunities mean estate plans should be reviewed to see how they'll function under the new, albeit temporary, rules.
Andrew Shepard interviewed by Nonprofit News on Federal Street's approach to seeking active managers.
In order to get the most out of active managers, institutions need to go beyond the checklist approach to identifying quality firms.
Federal Street's story makes the cover of the September/October 2010 issue of Private Wealth magazine.
"Beyond Satisfied - Federal Street Advisors makes a habit of helping its wealthy clients reach their investing and philanthropic goals".
Additional RIA Rankings by Financial Advisor Magazine, Wealth Manager, and Boston Business Journal Round Out a Strong Summer for the Boston Investment Consultan.
We were honored to have been given the opportunity to co-write two articles with The Boston Foundation: "Understanding Behavioral Finance When Advising Clients" and "High Impact Philanthropy".
Open the PDF to read both articles.
Jennifer was recognized as a rising talent in the family wealth industry at the Family Wealth Alliance's 40minus Leadership Summit. The industry-first event was attended by professionals forty years of age and under who represented a select number of advisory and provider firms from the family wealth space across the U.S.
John LaPann was interviewed by Robert F. Keane, Managing Editor of Investment Advisor.
Born from Merck Family Fund/Federal Street collaboration in 2007, this year the conference moved to New York, quadrupled in size, and received the Keynote from the Hon. Al Gore and David Blood.
Federal Street has been named number one Top Dog in 2008 by Wealth Manager Magazine.
The firm appoints Investment Research Veteran Kristin Fafard to the Position of Director of Research.
The firm names veteran Jennifer Christian Murtie to newly created position of Director of Foundation Services.