The Election is, in our view, the most consequential driver for the Markets this year. Here’s what has changed in the past 24 hours.

Financial advisors and portfolio managers may find boutique asset managers attractive because they are proudly independent, driven by innovation and focused on unique and customized portfolio design needs.

Several months of higher inflation have brought rate cut predictions this year down to two from six in January. The result is a weaking bond market, affecting both investment grade and high yield bonds, with conventional, investment grade bonds taking the brunt of losses.

After experiencing four bear markets in the past 15 years, and insignificant returns for bonds over the past decade, advisors understand the wisdom of attempting to reduce the risk of losses in their client portfolios. Hedged equity strategies provide a pathway to a return profile that has the potential to help reduce losses.