December 17, 2018

Arnerich Massena Delivers Giving Tree Gifts to Irvington Families

Arnerich Massena’s annual Giving Tree tradition is close to our hearts because it serves families in need from our own Irvington neighborhood. Each year, we reach out to families in Arnerich Massena’s I AM Learning Partnership community service programs to find those families who may need some extra support and assistance over the holidays. This year, Arnerich Massena employees shopped for 49 children from 20 different families, delivering a combination of necessities and a few fun gifts. It’s a tradition we love; there is nothing better than seeing giant bags under the holiday tree waiting for delivery, knowing they will bring some joy and comfort this holiday season. Read more »


December 14, 2018

Happy Season of Giving from Arnerich Massena

The Season of Giving is here. For us, giving back to the community is a core part of who we are as a firm; that’s why, this year, we wanted to honor the spirit of giving with a unique project. We asked our clients and friends to share the causes and organizations they support and love in order to build a collection to serve as a philanthropic resource for generous souls seeking a way to give this season and beyond. Read more »


December 13, 2018

Monopoly Power is Concentrating Public Markets

Four firms control 98% of the cell phone market, four companies have cornered 92% of the peanut butter market, four airlines hold 73% of their industry market share, and three firms make up 89% of the social networking industry.1 There’s similar concentration across a wide variety of industries, from pet food to pharmacies to beer. What does it mean when industries become this concentrated, dominated by a few giants? Read more »


December 11, 2018

Technology and Transformation: Investment trends to watch for in 2019 – the Podcast

Listen to co-CIO Bryan Shipley, CFA, CAIA and investment advisor Kate Deines as they dive deeper into the discussion about Arnerich Massena’s 2019 investment trends to watch for. In this podcast, they’ll discuss the accelerated changes in technology that will color the investment landscape of 2019, as well as some of the transformational trends, like Opportunity Zones and impact investing, that will play an equally important role next year. Read more »


December 6, 2018

December 4, 2018

Technology and Transformation: Investment Trends to Watch For in 2019

In 2018, amid denuclearization talks with North Korea and a trade war with China, mid-term elections, spreading cannabis legalization, U.S. withdrawal from the Iran nuclear agreement and the United Nations Human Rights Council, and historic wildfires in California, we saw the first company reach the trillion-dollar valuation mark — that was Apple in August, soon followed by Amazon. The market seemed unstoppable for most of 2018, in spite of volatile world events and a creeping divisiveness at home. We saw the continued rise of the FAANG stocks (Facebook, Apple, Amazon, Netflix, and Google), as they each grew larger than many countries’ entire stock markets, only to see an ensuing fall as investors began to question the ability to maintain their lofty growth trajectories (and avoid regulation). Read more »


November 29, 2018

2018 Tax Planning

With the holiday season fast approaching and 2018 coming to a close, it may be time to review your tax picture and make any necessary changes before year end. 2018 is the first tax year reflecting laws enacted by the Tax Cuts and Jobs Act of December 2017, so taxpayers may want to consult their accountants to review their tax plan and make necessary changes before 2019. Before reaching out to your accountant, there are three steps you can take to start getting your tax picture in order: Read more »


November 26, 2018

November 20, 2018

November 15, 2018

How much is $10 million? Providing perspective for your children

A client* recently asked me for advice on how to frame the size of a potential inheritance for an upcoming conversation with her son. Her son, who is in his mid-twenties, will be inheriting $10 million. My client sought a frame of reference to help him grasp how much money he’d be receiving and asked me how I’d put it in perspective. I was reminded of a calculation I saw back in 1996, shortly after I graduated from college, which gave me a perspective on wealth that I never forgot, so I’ve updated things by a few decades. Here goes: Read more »