Name: Adam Epstein Firm: UBS Private Wealth Management Location: Greenwich, CT Team Custodied Assets: $7.9 billion Background: Raised in Lawrenceville, just outside of Princeton, NJ, Adam Epstein grew up in a family focused on education—his mother was a teacher and his father was a psychologist. Their influence instilled in him the importance of finding meaning in his work. After graduating from Bucknell University, where he studied Business Economics and Psychology, he interned at Merrill Lynch, which cemented his interest in wealth management. After a stint in institutional asset management from 1999 to 2006—including time in London advising banks and insurance…

On 4/10/25, Verizon Communications, Oracle, and AT&T will all trade ex-dividend for their respective upcoming dividends. Verizon Communications will pay its quarterly dividend of $0.6775 on 5/1/25, Oracle will pay its quarterly dividend of $0.50 on 4/23/25, and AT&T will pay its quarterly dividend of $0.2775 on 5/1/25. 10 Stocks Where Yields Got More Juicy » As a percentage of VZ’s recent stock price of $42.54, this dividend works out to approximately 1.59%, so look for shares of Verizon Communications Inc to trade 1.59% lower — all else being equal — when VZ shares open for trading on 4/10/25. Similarly,…

Key News Headlines are speaking to Asia’s rebound, highlighted by Japan’s very strong move along with Hong Kong, Mainland China, India, the Philippines, and Australia, all of which rebounded significantly overnight. However, Indonesia reopened lower by -7.90%, Taiwan was down by -4.02%, Thailand was down by -4.50%, Singapore was down by -2.01%, and Vietnam fell -6.43%. China’s government sent the cavalry in to support the stock market and was starting to feel a bit like George Custer. It was interesting to hear that the U.S. Treasury Secretary bashed the U.S. stock market because only rich people held it versus the…

Europe’s auto exports to the U.S. could fall by just over 20% or 200,000 vehicles in 2025 if the new 25% tariff lasts for the whole year, French automotive consultancy Inovev said. The new tariff started April 3. It replaces the previous tariff of 2.5%. Inovev estimated total exports last year were just over 900,000, led by the Mercedes GLC, and Volvos XC90 and XC60. Volvo is owned by Geely of China. The U.S. is Europe‘s biggest auto export market, followed by Turkey with just over 600,000 and China’s close to 500,000. European sales to the U.S. – the EU…

I often talk about high-yielding closed-end funds that are great buys because, well, there are plenty of CEFs that are. Yes, even in unprecedented times like these. That’s because the best CEFs offer three things we love: Big dividends, with an average yield of 7.8% across the asset class. Bargain valuations, with average discounts to net asset value (NAV, or the value of a CEF’s underlying portfolio) of 5%. Proven performance, with 94% of CEFs posting positive returns (with dividends reinvested) over the last decade. Ninety. Four. Percent. Still, every once in a while, a CEF comes across my desk…

Name: Catherine Evans Firm: J.P. Morgan Wealth Management Location: San Francisco, CA Team Custodied Assets: $2.2 billion Background: Catherine Evans grew up in Northern California and developed a passion for travel while earning her degree in International Relations from Stanford University. After graduating, she worked in management consulting, focusing on strategic initiatives for companies, before going to business school at the University of California Berkeley. While there she became interested in personal finance and saw a direct link between her work for companies and how wealthy families manage their money—almost like a business. After returning to consulting at Oliver Wyman,…

Name: Mary Mullin Firm: Merrill Wealth Management Location: Boston, MA Team Custodied Assets: $1.6 billion Background: Mary Mullin grew up in Long Island and moved to Boston after graduating from the State University of New York Albany. In 1981, while working a waitressing job at night, she got her first at Merrill Lynch, working in the back operations center in, before quickly moving to the sales side. After training to become a financial advisor , she teamed up with her mentor, working together for years until he retired. In 1998, she finally built her own team, which today includes her…

As public stock markets sink and typical buyout funds slump, Dorrell’s $72 billion Stonepeak can boast it’s never lost money on an investment. In 2001, Michael Dorrell volunteered to move from the Sydney headquarters of Australian investment bank Macquarie to a backwater in its infrastructure investing specialty: the United States of America. “For many years, Macquarie didn’t take the U.S. all that seriously. That’s why a 25-year-old kid could be sent over here and be one of six people looking at this whole market,” explains Dorrell, now 51. “We had the market to ourselves.” The U.S., with its now $4…

Stocks around the world continue to slide on President Donald Trump’s nuclear tariff option. The recent actions from Washington have served to elevate uncertainty, raise global fear, push stock prices down, and increase animosity against America. Does Trump have a master plan? Is there a historical lesson we can use to help understand what may come? A Lesson From History? Today’s tariffs have caused many to reflect to 1930, when President Herbert Hoover signed into law the Smoot-Hawley Tariff Act. Although there are some differences between today’s tariff environment and the environment at that time, there are several similarities to…

Key News Asian equities had another significant sell-off overnight, as President Donald Trump and his advisors remained immune to financial pain as they stayed on script concerning tariffs over the weekend. Export and auto-heavy Japan suffered another significant sell-off as Mainland China and Hong Kong reopened following Friday’s market holiday and the Chinese government’s tariff retaliation. Indonesia, Thailand, and Vietnam were temporarily spared the pain due to the market holiday. Global equity markets have baked in the worst-case scenario in a shockingly quick time period as any investor utilizing leverage has been carried out feet first. After the market closed,…