Portfolio

Sometimes working with low-net-worth clients can provide unexpected benefits.

LIFETIME ACHIEVEMENT

NEW GENERATION

PORTFOLIO INNOVATOR

TECH INNOVATOR

PRACTICE MANAGEMENT

Goldman Sachs Asset Management (GSAM) announced it has entered into an agreement with Deutsche Asset & Wealth Management(DeAWM) to acquire DeAWM's stable value business, with total assets under supervision of $21.6 billion as of June 30, 2013

With Congress showing no sign of consensus, the looming threat of a government shutdown is instilling fear and unease among those from Main Street to Wall Street.

The bond market has suffered one of its biggest sell-offs in years. With investors shifting their money into other asset classes, bond prices have been left incredibly undervalued. There are several reasons why now could be the best time to go into the bond market.

All in all, a government shutdown would be a major irritant, but would not have much impact on our clients or commerce in general. The trouble starts if the government defaults on its debt.