Sep 5, 2014
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New highs on the S&P 500 and Dow Jones Industrial Average corresponded to strong manufacturing index numbers showing accelerated expansion. Many investors are left nervously wondering how high the indexes will go before the next decline.
Whole Foods Success Story and The Dangers of Overpaying Whole Foods Inc. (WFM US) from inception
Alex Tollen, Certified Private Wealth Advisor and Director of Equity Trading at McGowanGroup Asset Management, discusses how the big money is using trust planning techniques in the current market. Further, the discussion will reveal one of the most simple and effective trusts for estate planning (the revocable living trust) and how FLP’s, family limited partnerships, are being used as an educational legacy planning tool. For families with royalty interests, this week’s Profit Report is a do not miss summer planning episode.
Spencer McGowan interviews Alexander G Tollen, Director of Client Development and Equity Trading at MGAM
Alex brings with him over 20 years of experience in the financial services industry. In 2013 he earned the designation of Certified Private Wealth Advisor® delivered by Investment Management Consultants Association (IMCA) at The University of Chicago Booth School of Business. He serves as a client advocate and advanced solutions specialist responsible for outreach and development. Prior to joining McGowan Group Asset Management, he served as Director of Client Relationship Consulting for 1st Global Capital Corp., responsible for client advocacy and creating efficiencies for firms with combined assets over $900 million. Alex has also served as an institutional trader and market maker with specialties in equity market structure and execution of strategic initiatives. Alex holds the Series 7, 24, 55, 63, 65 and the Group One Texas Insurance license.