The Financial Crimes Enforcement Network (FinCEN) has reinstated the Beneficial Ownership Information (BOI) reporting requirement under the Corporate Transparency Act (CTA), following a recent federal court decision that lifted a previous injunction. As a result, many companies must now file their BOI report by March 21, 2025.

With the prospect of renewed tariffs under the Trump administration, many investors are understandably concerned about how trade policies could impact their portfolios. Markets dislike uncertainty, and history has shown that tariffs can cause short-term volatility—but as the S&P 500’s long-term trajectory reminds us, investors who stay the course are often rewarded.

Interest rates remain volatile as investors react to economic conditions and Federal Reserve policies. With high beginning yields, bonds provide both income and portfolio stability, making them a key component of a well-diversified investment strategy.

Market leadership is cyclical, and with U.S. stocks, particularly large tech companies, trading at high valuations, international markets offer another level of diversification at attractive valuations. International stocks offer economic and geographical diversification, helping investors navigate market cycles and avoid overexposure to any single country, sector, or company. The trajectory of U.S. outperformance will largely hinge on the continued dominance of large U.S. technology companies; however, history shows that no market leader remains on top indefinitely.

After two years of double-digit stock market gains, investors should temper expectations due to elevated optimism and enthusiasm for stocks. Overconcentration in high performing "Magnificent 7" stocks poses risks, and diversification through broader U.S. market exposure …

At Proffitt & Goodson, we help high-net-worth individuals and families proactively address the risks that can undermine even the best estate plans. Our team will review your current plan and ensure that it’s up to date, protecting your wealth and your loved ones.

For high-quality bonds, starting yields are strongly correlated to subsequent returns. The Bloomberg U.S. Aggregate Index currently yields 4.6%, much higher than the recent past. 

As the end of the year approaches, financial markets have once again demonstrated a resilience and consistent capacity for exceptional performance. With strong global stock market gains…

The recent presidential election has once again put the financial markets into a whirlwind, influencing everything from stock prices to bond yields and currency valuations. As investors and analysts try to gauge the full…

It’s hard to believe we are just six short weeks from 2025. While the year is coming to a close, there is still plenty of time to ensure your finances end the year on a positive note. Consider several end-of-year planning…

Tax planning can be complex, especially for high-net-worth individuals. At ProffittGoodson, a leading financial advisory firm based in Knoxville, Tennessee, we…

Despite heightened geopolitical tensions and political uncertainty, the economy and financial markets have shown strong performance this year…

As you age, your healthcare needs may evolve, and navigating Medicare can feel overwhelming. Medicare Open Enrollment begins on October 15^th, so now is the time…

Despite a bumpy August and start to September, the stock market has been on a winning streak this year. The global stock market surged 16% in the first seven months and has climbed 23.4% over the past 12 months.

As you move through various jobs and promotions, it’s easy to forget to update your retirement account beneficiaries. Neglecting this simple task can result in significant financial consequences…

After calm for most of this year, turbulence hit the financial markets this month. The S&P 500 fell 5.6% from its July 16th high. The selling intensified on Thursday, August 1st, with the S&P 500 dropping 3.8% in two days…

Global stocks returned 11% in the first half of 2024, led by the S&P 500’s 15% return and artificial intelligence (AI) euphoria. U.S. bonds returned -0.6% for the first half as rates were volatile due to mixed economic data.

The stock market has reached new highs, and the artificial intelligence revolution has spurred excitement. While all this is encouraging, most investors balance their stocks with bonds, smoothing the swings and…

Navigating the complexities of personal finance can be daunting. From budgeting, saving, investing and planning for life’s transitions, the journey to financial stability is filled with critical decisions…

A well-crafted investment policy statement (IPS) provides an acceptable range for asset classes to fluctuate within. So, should investors utilize the full range? We think you should stick close to your long-term asset class targets.