A Domestic Asset Protection Trust (DAPT) provides an opportunity to protect your assets from the claims of third-party creditors, which makes it a powerful tool to enhance your estate plan. Because DAPTs require giving up some control over your assets, they are not right for everyone. But they can provide protection for individuals in careers with high risk exposure or those looking for a prenuptial agreement alternative.
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Companies are starting to take notice of the increasing numbers of pet owners prepared to invest in their pets' health. Driving much of this growth is a secular shift referred to as the "humanization of pets," where pets are viewed as members of their pet owners' families. The animal health industry is structurally more attractive than the human health industry due to superior growth, less regulation, less costly research and development projects, and lack of third-party payers.
There is a passionate and growing effort among funders to focus less on change that is short-term or only at the project or program level; such funders are instead using models that reach across different sectors and approaches and dig deep into root causes, leading to more structural, systemic change. Aiming their efforts at more transformational progress on the challenges facing society today, family foundations and funders are moving forward with the Sustainable Development Goals (SDGs).
Intuitively, many business managers recognize that their decision window has been shrinking with each passing year. Information dissemination has become real-time and on-demand. What is required is an analytical approach that enables management to monitor and measure the development of the important strategic drivers and make decisions with confidence. Learn why ad hoc reporting is failing to fill the gap, the changing role of the modern finance leader, and the three new approaches to attaining deeper financial analytical insight.
The rhyming market maxim “Sell in May and Go Away” describes the phenomenon that stocks have historically underperformed between May and October, and that investors are better off being out of the stock market and in bonds or cash during the summer months, only to return to risk-seeking assets for the more robust November through April period. Historic advantages, however, lack year-over-year persistence and ignore key realities like taxes and re-entry discipline. There are no fundamental drivers that support “selling in May” every year.
Today, the state of the economy, add-on acquisitions, and industry diversity are just a few issues at the forefront of the private equity industry. In this podcast episode, Gretchen Perkins of Huron Capital and Silver Leaf Partners' Kathleen Lauster join BDO's Todd Kinney to discuss these topics and more. Additionally, BDO's Karen Baum discusses the benefits of sell-side due diligence and the evolution of socially responsible investing.Tune into the full episode for a range of insights, including:
President Trump’s renewed interest in raising tariffs on Chinese imports from 10% to 25% has set off a round of retaliation from China who will strike with its own tariff hikes on U.S. imports. It now appears that a negotiated deal acceptable to both parties is unlikely to be reached in the near term. What are the implications for investors of a prolonged trade war with China, and by extension, with other countries that rely on trade with the United States?
A historic agreement was reached in 2015 when member states of the United Nations came together and signed “Transforming Our World: The 2030 Agenda for Sustainable Development,” which included a set of 17 Sustainable Development Goals (SDGs). The SDGs charted a way forward to a just, secure, and sustainable future for people and the planet.
A board chair is perhaps the most important and meaningful job in any family foundation. If you are currently chair—or anticipate that you will be someday—you may find it’s one of the most rewarding roles you will ever have. It’s also a role of great nuance, calling for keen facilitation, leadership, and a healthy dose of self-awareness. Beyond your roles and responsibilities as board chair, there are certain qualities that can make for a more successful and enjoyable experience.
As private equity firms make their operations, and those of the companies they invest in, more technologically savvy, they're finding that true digital transformation requires a shift in mindset.