2025

I was cheered recently when a client referenced the deleterious effect negative returns have on wealth accumulation. He pointed out that a 25% loss requires a 33.3% gain to get back to flat. Steep losses are a killer when it…

Interest rates are currently hovering near their highest point in years. Most headlines focus on the resulting challenges such as more expensive debt. But there is a silver lining we shouldn’t overlook – elevated interest rates create opportunities for estate…

As many of you know, I listen attentively to every word from the Oracle of Omaha. Most recently, at age 94, he held court at the AGM of Berkshire Hathaway, his last as CEO of the company he built. I…

Earlier this month, I had a brief layover in Orlando. As you can expect, throughout the airport, banners and signs invite tourists to visit the main attractions – the theme parks. The always-familiar Disney and Universal Studios capture the majority…

This year, while sitting around the kitchen table with family dyeing eggs as part of our Easter Sunday tradition, the recent spike in egg prices naturally came up in discussion. Several members of my family made quips about how the…

Every year, Nicholas Hoffman & Co. hosts a firmwide bracket competition for the NCAA March Madness tournament. As someone who knows very little about college basketball, I usually make my picks based on rankings and whether I like the team…

The new tariffs on imports to the US have caused turmoil in stock markets worldwide. The current US administration believes these tariffs will help rectify the negative trade balance the US has with most countries, which it sees as damaging…

As many of you know, I am an American by choice, having immigrated from the UK almost 30 years ago. Like many, I was misled into thinking the commonality of language would mean there was a commonality of national culture.…

The commercial real estate landscape continues to evolve in response to shifting demand patterns, relatively high interest rates, and changing urban dynamics. One aspect of the evolution is increased investor interest in adaptive reuse projects. These projects can offer a…

Political debate in our country has reached a fever pitch as the new administration implements its approach to conducting the business of government. One focus has been on where our tax dollars come from and how our government is spending…