Weekly Wisdom – November 22, 2023

By Hightower Great Lakes on November 22, 2023

Thanksgiving is upon us! Rather than sharing our typical market commentary, the Investment Solutions team would like to extend gratitude and highlight some of the things we are most thankful for in our work…

Our Advisors

We are incredibly thankful for the 40+ advisory practices who continue to put their trust in us, as well as the 10+ new advisory practices who decided to take the leap and partner with Investment Solutions this year. We look forward to working together in 2024 and exploring new opportunities.

Learning From Peers

We had a phenomenal turnout at the Investment Forum event in Huntington Beach, California, and are already looking forward to hosting it again next year in Savannah, Georgia in October 2024 – mark your calendars!

Bonds Are Back!

We are grateful for the trust from friends and colleagues which has allowed us to build out custom fixed income portfolios. The bond market has enabled us to invest in yields not seen in 15 years while remaining confident in company balance sheets.

Private Markets

The Private Markets team has seen increased participation and worked hard to build out the Private Market Exchange. The team looks forward to continuing to provide investment ideas across all sub-segments in private markets heading into the new year.

Black Friday Sale

Multiple compression for SPX493 (the non-Magnificent 7s) provides investors buying opportunities at historic discounts – always something to be thankful for!

‘Tis the Tax Season

Tax season is upon us; thankfully, our operations team is ready to partner with you for your tax harvesting needs.

Research

We are thankful for both our in-house research team, as well as our research providers, for offering timely and reliable insights.

Management Teams

Last but not least, we would like to extend our gratitude to all CFOs for crunching the numbers to keep margins elevated, especially Meta Platforms (META) CFO Susan Li – and our own in-house superstar, Dan Watanapongse. And, of course, thank you to the great CEOs who continue to partner with us and provide valuable insights within their businesses. The accessibility is appreciated!

Click here to read last week’s Weekly Wisdom (11/17).

Disclosures

Investment Solutions is a group comprised of investment professionals registered with Hightower Advisors, LLC, an SEC registered investment adviser. Some investment professionals may also be registered with Hightower Securities, LLC, member FINRA and SIPC. Advisory services are offered through Hightower Advisors, LLC. Securities are offered through Hightower Securities, LLC.

This is not an offer to buy or sell securities. No investment process is free of risk, and there is no guarantee that the investment process or the investment opportunities referenced herein will be profitable. Past performance is neither indicative nor a guarantee of future results. The investment opportunities referenced herein may not be suitable for all investors.

All data or other information referenced herein is from sources believed to be reliable. Any opinions, news, research, analyses, prices, or other data or information contained in this presentation is provided as general market commentary and does not constitute investment advice. Investment Solutions and Hightower Advisors, LLC or any of its affiliates make no representations or warranties express or implied as to the accuracy or completeness of the information or for statements or errors or omissions, or results obtained from the use of this information. Investment Solutions and Hightower Advisors, LLC assume no liability for any action made or taken in reliance on or relating in any way to this information. The information is provided as of the date referenced in the document. Such data and other information are subject to change without notice.

This document was created for informational purposes only; the opinions expressed herein are solely those of the author(s) and do not represent those of Hightower Advisors, LLC, or any of its affiliates.