We would like to share some important and exciting news about Litman Gregory’s future. After much careful thought, analysis, and discussion, our principals have decided to take a significant step toward growing our resources and ensuring our ability to excel for generations by joining iM Global Partner, a privately held global investment services firm dedicated to asset management.
In this evolution, Litman Gregory will become the base of the firm’s U.S. operations and the sole wealth management service offering, which will continue to operate under the Litman Gregory name. This transaction is expected to be finalized within the second quarter of this year, and we believe it represents a meaningful advance for us and our clients.
Before arriving at this decision, we conducted an intense due diligence process with iM Global Partner and its principals, very much in keeping with our research-driven process. What we found is an investment sophistication that reinforces the level of research at Litman Gregory and a service orientation that mirrors our client-centered focus. Moreover, they have the resources and commitment to position us so we can continue to deliver the fresh thinking, disciplined management, and high-level of attention our clients expect from us.
Our criteria in this evaluation process tied back to the three pillars that formed the foundation of our business from the start: 1) our clients, who are the reason we come to work every day; 2) our people, who come together with the single mission to serve clients; and 3) our financial strength, providing the resources to ensure we can retain a great team of people and the tools they need to provide exceptional service. We know that all three pillars must be in balance to mutually support one another and to ensure our ability to serve clients across generations for decades to come. Through our due diligence, we determined that the combination with iM Global Partner brings us together with like-minded people and will make Litman Gregory stronger in the right ways, to the benefit of our clients and people.
As for the day-to-day work at Litman Gregory, it will be largely unchanged in how we interact with our clients. The Litman Gregory advisors and the broader client management team will continue in their current roles as well as their relationships with our clients. Similarly, our Chief Investment Officer and research analysts will remain focused on providing the disciplined, research-driven investment management strategy our clients know and expect.
We invite you to learn more about this next chapter for our firm by talking with your advisor and our team.
Year-End 2022 Investment Commentary
Though global stock and bond markets saw positive returns during the fourth quarter, the year closed as one of the most difficult and volatile in the financial markets’ recent history. In this year-end commentary, we reflect on this past year and provide our investment outlook for 2023 and beyond. We cover opinions on the potential of recession, inflation and interest rate trends, global stock and bond market valuations, as well as potential return within our economic scenario analyses. We invite you to read this comprehensive review and reach out to your advisor with any questions.
Litman Gregory Advisors In the News
We are proud to have had senior advisors Chris Wheaton and Gretchen Hollstein recently interviewed and quoted by both local and national news publications in stories about investment and charitable planning strategies. In this post we share their quotes and links to the articles.
Research Update: Opportunities in Private Equity
Through in-depth due diligence that identifies high quality investment vehicles offering potential for long-term capital growth, attractive diversification and lower minimums, we have found effective ways for our clients to take advantage of PE investments.