Monthly Archives: January 2019

Watch Arnerich Massena’s Fourth Quarter, Year-End 2018 MarketCast

Arnerich Massena’s fourth quarter and year-end 2018 MarketCast is available for viewing. In this MarketCast, Co-CIO Bryan P. Shipley, CFA, CAIA, introduces senior research analyst Arthur Coyne, CFA, who provides context and commentary on market activity over the year and the fourth quarter, and investment advisor Kate Deines, discussing what this means for client portfolios. Read more »

Crafting a Participant Education Campaign: Arnerich Massena Featured in Defined Contribution Insights

The winter 2018 issue of Defined Contribution Insights – PSCA’s (Plan Sponsor Council of America) quarterly newsletter – features an article from Arnerich Massena director of communication Jillian Perkins about how to craft a participant education campaign. Drawing from the firm’s recent white paper, Retirement Plan Best Practices: Participant Education, the article offers a step-by-step guide to implementing a successful 401(k) education campaign. Read more »

Arnerich Massena Becomes an Intentional Endowments Network Member

We are pleased to announce that Arnerich Massena has joined the Intentional Endowments Network (IEN), which supports colleges and universities, and other mission-driven tax-exempt organizations, in aligning their endowment investment practices with their mission, values, and sustainability goals, without sacrificing financial return. Now a member of the IEN, Arnerich Massena will provide thought leadership and act as a resource for higher education institutions seeking to incorporate impact strategies such as sustainable and ESG (environmental, social, governance) investing into their endowment portfolios. Read more »

Paul Allen’s Passing Reminds us of Key Estate Planning Preparations

The recent passing of Microsoft co-founder Paul Allen has brought the sporting public’s interest back to the realm of estate planning. The Seattle icon’s assets are estimated to be worth in excess of $26 billion, and they include the NFL’s Seattle Seahawks and the NBA’s Portland Trailblazers. There is some intrigue as to the succession plan for each franchise, and fans will watch closely as assets pass through a variety of legal hoops over the next few years (pardon the pun). Read more »

College endowments are performing poorly; why and what can they do about it?

A new study from Georgetown University and NYU’s Stern School of Business looks at major endowments’ portfolios between 2009 and 2016, and the news is not good. Using publicly available IRS filings, the study found that the median annual returns were 5.53 percentage points below a classic 60/40 mix of equity/Treasury bond investments. Coming in at only 3.75%, the median return was even 1.14% below the 10-year Treasury bond return. Read more »