We are pleased to announce that Bill Thompson has joined the firm as a director of the Endowments & Foundations Group and Senior Advisor. In this role, Bill will advise clients on strategic investment planning and portfolio construction, including asset allocation, manager selection, investment program evaluation, performance measurement, and governance.
Prior to Litman Gregory, Bill was a Managing Director at Cambridge Associates for over 10 years, where he served as an outsourced CIO for endowments, foundations, and family offices. Before joining Cambridge, Bill was an institutional credit salesman for Citigroup, focusing on investment and below-investment grade corporate bonds and derivatives. He graduated from Denison University (BA) and the University of Chicago (MBA).
“We are thrilled to add Bill to the team,” said Steve Savage, CEO of Litman Gregory. “His deep investment experience and intense client focus make him a natural fit for our company and the clients we serve.”
Litman Gregory Asset Management has been leveraging its research and wealth planning strength to help families, individuals, and nonprofits reach their financial goals for more than three decades. The firm is guided by the belief that clients’ peace of mind comes from working with a team obsessed with their financial success.
Commentary from Our CIO—Second Quarter 2021
Global stock markets continued to surge in the second quarter. In our assessment of the macroeconomic backdrop and outlook, we continue to expect a strong global economic recovery over at least the next 12 months. In this quarterly commentary, our Chief Investment Officer, Jeremy DeGroot, reviews the current reasoning for our portfolio positioning, outlook on inflation, and forward-looking scenario analysis on the broader economy and markets.
Research Update: Increased Return Expectations for U.S. Stocks
As the economy and financial markets continue their recovery from the pandemic’s impact, our recent analysis resulted in improved expected returns for U.S. stocks. In this post we summarize our analysis and why we think an increased allocation to U.S. equities could benefit the risk-adjusted return profile of our portfolios.
Advisor Q&A: Tax Planning and the American Families Plan with Senior Advisor Chris Wheaton
The American Families Plan was recently released by President Joe Biden and includes many of the provisions outlined during his campaign. We asked Litman Gregory Senior Advisor, Chris Wheaton, to answer some questions about key proposed tax law changes, and related tax planning ideas for our clients to consider in 2021 and beyond.