Winter 2009
Features
Bubbles Through Time
The recent real estate and commodity bubbles are just the latest incarnations of an investment phenomena that first occurred centuries ago. Following a prudent investment strategy can help you weather the fallout when a bubble bursts.
Happy New (Tax) Year
The start of a new year is the ideal time to engage in tax planning with your financial team. Use these tips to plan your tax strategy for 2009 and beyond. To minimize your tax bill for 2010, you might need to start sooner than you think.
Wealth Transfer Fundamentals
Behind every successful wealth transfer, there are three key documents — a will, power of attorney and revocable trust. Thoroughly understanding these documents is the best way to ensure that your wealth transfer plans will be executed properly.
Departments
Wealth Management Perspectives
Shundrawn Thomas shares his thoughts on Northern Trust’s groundbreaking “Wealth in Black America” survey.
Information Exchange
Jim Rauh and Doug Regan discuss how Northern Trust’s Family Advisory Services can help families manage their wealth.
Inspired Living
A recent trend in travel blends tourism with volunteerism. Learn about a few organizations that coordinate vacations for tourists on a mission.
News & Notes
Recent developments and activities at Northern Trust.
Fall 2008
Features
Understanding Wealth Transfer Planning
Wealth transfer planning is important at any age, level of wealth or stage of life. Yet despite the importance of understanding the process, for many people, the fundamentals often remain unclear. This is the first in a four-part series about creating a legacy based on Northern Trust’s book, “Legacy: Conversations About Wealth Transfer.”
Investing in a Volatile Market
While the market may be fluctuating wildly, your portfolio will likely perform better if you hold steady and follow your investment strategy. We look at why making big changes in response to volatility can hurt your portfolio’s performance, and why you should maintain a level head despite the market’s ups and downs.
Managing Life’s Transitions
Whether you’re facing a transition, want to simplify your life, are pursuing a new goal or just want to improve how you function, you might benefit from working with a life coach. Here’s how — and when — they can help.
Departments
Wealth Management Perspectives
Northern Trust’s Steven Schoenfeld helps investors size up exchange-traded funds as an investment strategy.
Information Exchange
The federal interest rates used to value certain gifts are at near historic lows. That makes these wealth transfer strategies even more appealing.
Inspired Living
A professional image consultant can not only help you project the image you want, but also stay on top of current fashion trends without ever leaving your home.
News & Notes
Recent developments and activities at Northern Trust.
Summer 2008
Features
The Evolution of Socially Responsible Investing
Socially responsible investing is no longer considered a fringe strategy. Its growth now provides investors a host of vehicles for smart long-term investing. Whether you are interested in screening out certain types of investments or following a broad sustainability approach, you can find a vehicle that meets your needs.
Teach Your Children Well
As parents of young adults, you may want to continue working with your children to provide them opportunities to develop their financial acumen and gain the experience they need to feel confident managing their eventual inheritance.
Wealth in America Survey 2008
Now in its third year, Northern Trust’s annual Wealth in America survey provides insight into how the nation’s millionaire households feel about the economy, the stock market and their financial advisors. We reveal what’s changed and what’s remained stable since last year’s study, and what those findings can tell us about the year ahead.
Departments
Wealth Management Perspectives
A roundtable discussion offering advice for business owners seeking private equity funding.
Information Exchange
Northern Trust’s Chief Technology Officer, Nirup Krishnamurthy, talks about trends in financial technology.
Inspired Living
Americans spent $43 billion on their pets last year. Grooming products, organic food, designer duds and even trusts — nothing is off limits for our furry friends.
News & Notes
Recent developments and activities at Northern Trust.
Spring 2008
Features
Planning a Successful Wealth Transfer
Creating a comprehensive wealth transfer plan gives families peace of mind. But making sure it functions as you intend demands frequent updates and expert advice.
The Thirsty Investor
The world’s growing demand for fresh water sanitation, conservation and innovation is quickly gaining the attention of seasoned global investors. But will the supply meet the demand?
Taking Steps for Inheritance Success
Hugh Magill, chief fiduciary officer and national director of trust services at Northern Trust, shares some advice on how families can prepare their children for a successful inheritance.
Deal or No Deal
For many business owners, the most important consideration when selling their business isn’t the money. Whatever their goals, these entrepreneurs are more interested in suitors with the right fit.
Departments
Wealth Management Perspectives
Explore the wide array of learning opportunities available through Northern Trust.
Inspired Living
Whether you're a beginner or a seasoned player, when you’re ready to take your golf game up a notch, you have many different options.
News & Notes
Recent developments and activities at Northern Trust.
Winter 2007
Features
Rising Dragon
The ripples from China’s booming economy are being felt around the world. Investors may want to position their investment portfolios to benefit.
A Pivotal Role
Women and men approach philanthropy in different ways, and women’s higher levels of giving and growing economic status are changing the face of philanthropy.
The Generation X Factor
Self-directed and investment-savvy, the next generation of wealthy investors is looking beyond stocks and bonds at a new class of investments. In doing so, they are changing the market.
Safeguarding Your Identity and Your Wealth
Identity theft is a growing problem, and high-net-worth individuals are particularly vulnerable. Learn what you can do to safeguard your identity and your wealth.
Market Outlook
The Housing Trough. What has the Fed usually done in this situation?
Departments
Information Exchange
Paul Kasriel, director of economic research at Northern Trust, recently won the Lawrence R. Klein Award for Blue Chip Forecast Accuracy. He discusses his approach to economic forecasting.
Inspired Living
Membership in a destination club can give you access to beautiful private homes around the world, with many of the services you’d expect at a hotel.
News & Notes
Recent developments and activities at Northern Trust.
Spring 2007
Features
On the Board
Accepting a seat on the board of a nonprofit organization is an honor, and a serious commitment. Understanding your responsibilities and how the board operates can help ensure a good fit.
Suddenly Single
Finding yourself unexpectedly alone can leave you facing a multitude of financial decisions at a time of emotional stress. Fortunately, a number of strategies can help you navigate this difficult time.
Coming of Age: A Fresh Look at Emerging Markets
Allocating a portion of your international investments to emerging market equities can offer more diversification and strong long-term return prospects.
Planning From the Inside Out
A guide to using your estate plan to create a value-based legacy for your family.
Market Outlook
Reintroducing Volatility: Understanding the Roots of an Overdue Correction
Departments
Information Exchange
Mary Boehler, division manager of Northern Trust’s Family Business Division, shares her insights into successful business succession planning.
Inspired Living
Like gourmet food or fine wine, fly-fishing is an experience to be savored.
News & Notes
Recent developments and activities at Northern Trust.
Fall 2007
Features
Family Ties
The ability to work through conflict is critical to a family business's success and longevity.
Goal Getters
A look at three nonprofit organizations that are changing their approaches to funding, and achieving their goals.
Planning for Partners
Whether you've chosen not to marry for personal reasons or because you're in a relationship the law doesn't acknowledge, carefully crafting your estate plan is critical. Without the protection offered by law to married couples, you need a plan to ensure that your assets are transferred without being subject to undue taxes.
Getting Active
Municipal bonds have much to offer investors, including a steady stream of tax-free income and portfolio diversification. Investing through an active management strategy can amplify those advantages.
Departments
Wealth Management Perspectives
Reintroducing Volatility: Understanding the Roots of an Overdue Correction
Information Exchange
From sudden geo-political events and volatile swings in the economy to a host of other uncertainties, investors can face myriad risks with costly consequences. Michael Leon, managing director of Northern Trust's Alternative Solutions Group, explains why risk management is more important than ever in today's environment.
Inspired Living
Like gourmet food or fine wine, fly-fishing is an experience to be savored.
News & Notes
Recent developments and activities at Northern Trust.
