Haverford Trust Announces Multiple VP-Level Promotions Amid Continued Growth
Promotions from Within Highlight the Firm’s Commitment to Fostering Talent and Cultivating Firm-wide Institutional Knowledge The Haverford Trust Company, a private wealth management firm, today announced several promotions that speak to Haverford’s commitment to fostering talent and continued firm growth. The well-deserved promotions recognize team members who have consistently demonstrated Haverford’s core values of Read More →
Market Commentary: July 23, 2024
Josh Giacalone, Corporate Sustainability Analyst jgiacalone@haverfordquality.com The 2024 election cycle has had no shortage of surprises. With Election Day still more than 15 weeks away, the news that President Biden has withdrawn from the race may not be the last shock voters will contend with before casting their ballots in November. But despite the perpetual Read More →
Wealth Planning Resources: 5 Ways the Tax Cuts and Jobs Act Sunsetting Could Impact You
Thomas Bayer, Jr., CFP®, MT Wealth Planner The Tax Cuts and Jobs Act (“TCJA”), signed into law in 2017, represented the most significant overhaul of the U.S. tax code in over three decades. Intended to simplify the tax system, reduce tax rates for individuals and businesses, and stimulate economic growth, the TCJA brought substantial Read More →
Key Themes Driving the Market
In the current market, a few dominant stocks have driven returns, influenced by trends in Artificial Intelligence, electrification, and groundbreaking weight-loss drugs. While these themes have captured significant attention and performance, they have led investors to overlook the value of quality and dividend-growers, central to our Quality Investing philosophy. At Haverford, we prioritize companies Read More →
2024 Spring Outlook
The S&P 500 posted a 10.6% advance in the first quarter of 2024, marking the index’s strongest start of the year since 2019. The quarter also saw 22 record-high closes, a feat not seen since 1998. While the capitalization-weighted return continued to outpace the returns of the equal-weighted average stock (11% vs. 8%). Stock prices Read More →
