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Truly enjoyed my candid conversation with Randy Schwimmer. We could’ve talked for hours but we narrowed it down to 30 minutes and covered a lot of ground, from today’s market environment and how #FamilyOffice clients can navigate uncertainty, to asset manager selection, AI as a practical tool, and where I’m seeing compelling investment opportunities across the wealth channel. One takeaway is that when the headlines get noisy, process and a proper financial plan can provide COMFORT to you, your family, and your business, especially around concentration versus diversification, liquidity and cash flow, and choosing the right wealth partners and managers⚖️ 🙏🏼Thank you, Randy, for the opportunity to join you on such a thoughtful and relevant podcast. I appreciated the opportunity to explore some of the important issues shaping markets and private wealth right now. 🔭Looking forward to hearing what resonated most with listeners and am curious what others think will be the biggest surprise in markets this year. Listen on Spotify, Apple, or wherever you listen to #podcasts. ~~ Running Point—We “run point” on all things financial for you and your family. 🟠Personalized tax planning, estate planning, investing, and wealth management. 🟠We are your family office.™️ 🟠Life Insurance Done Smart™️(LIDS) is our in-house #PPLI and #PPVA managed separate accounts program! #WealthManagement #InvestmentStrategy #Markets #PortfolioManagement #ManagerSelection #PrivateWealth #CapitalMarkets Disclosure: The opinions expressed are those of Running Point Capital Advisors, LLC (Running Point) and are subject to change without notice. This is not investment advice and this is not a recommendation to buy or sell a security. The opinions referenced are as of the date of publication, may be modified due to changes in the market or economic conditions, and may not necessarily come to pass. Past performance is not indicative of future results. Forward-looking statements cannot be guaranteed. Running Point is an investment adviser registered with the U.S. Securities and Exchange Commission. Registration does not imply a certain level of skill or training. More information about Running Point’s investment advisory services and fees can be found in its Form ADV Part 2, which is available upon request. RP-26-26 | 16 comments on LinkedIn
"BlackRock Saddles Up with #TEXN ETF, Betting on the Lone Star Boom" 🗺️We have country-based #ETFs, global regional ETFs, and state-based muni ETFs, so for some of the largest powerhouse states (or regions), why not state based or U.S. regional ETFs?💡 Seems like an interesting idea, especially for those that want to invest in targeted geographies or jump into corporate and demographically expanding #regions. LONGHORN LIQUIDITY: In the case of #Texas—where BlackRock sees nearly 200 investable companies and a $2.7 trillion economy—the numbers may make sense. If Texas was a country, it would be the eighth largest in the world🌎, behind Japan, UK, and France, but ahead of Italy, Canada, Russia, Brazil, and South Korea. Y’all Street — as Dallas’s financial district is known — propels the area past Chicago and Los Angeles. DEEP IN THE HEART OF MARKETS: Texas may swagger like it’s already the new Gotham, but the Lone Star State’s boots are still chasing New York’s wing tips and Jimmy Choos. Dallas indeed just leap-frogged Chicago to become America’s No. 2 finance-employment hub, and firms like Goldman, Charles Schwab, and Citadel have been busy trading subway tiles for TX barbecue joints and Florida beaches, but capital-market gravity still lives—at least for a little while longer—in #Manhattan where listing depth, legal infrastructure, and sheer liquidity remain larger. LONE STAR LIFT-OFF: BlackRock’s new iShares Texas Equity ETF (TEXN) is less a red-state culture rally bugle than a pragmatic bet on a $2.7 trillion economy that happens to pump crude, fab semis, and launch rockets before breakfast. With nearly 200 home-grown names and a vanilla 0.20% fee, it seems to offer investors a Lone-Star-sampler platter, not a MAGA-monolith. EVERYTHING'S BIGGER: NYSE Texas has already planted its flag in #Dallas, ICE is dual-listing itself there, and the separately funded Texas Stock Exchange | TXSE Group Inc aims to lasso #IPOs by 2026. Maybe we can expect more region-flavored funds (think “Gusher High-Yield” or "Blastoff Tech") as marketers splice state pride with passive flows, but in the near-term, these #exchanges will probably complement, not dethrone, the #bourse behemoths back east. ~~ Running Point “we are your family office”™️ LIFE INSURANCE DONE SMART™️ (LIDS) is our in-house #PPLI and #PPVA managed separate accounts program! #investing #wealthmanagement #taxplanning #estateplanning
"BlackRock Saddles Up with #TEXN ETF, Betting on the Lone Star Boom"
🗺️We have country-based #ETFs, global regional ETFs, and state-based muni ETFs, so for some of the largest powerhouse states (or regions), why not state based or U.S. regional ETFs?💡 Seems like an interesting idea, especially for those that want to invest in targeted geographies or jump into corporate and demographically expanding #regions.
LONGHORN LIQUIDITY: In the case of #Texas—where BlackRock sees nearly 200 investable companies and a $2.7 trillion economy—the numbers may make sense. If Texas was a country, it would be the eighth largest in the world🌎, behind Japan, UK, and France, but ahead of Italy, Canada, Russia, Brazil, and South Korea.
Y’all Street — as Dallas’s financial district is known — propels the area past Chicago and Los Angeles.
DEEP IN THE HEART OF MARKETS: Texas may swagger like it’s already the new Gotham, but the Lone Star State’s boots are still chasing New York’s wing tips and Jimmy Choos. Dallas indeed just leap-frogged Chicago to become America’s No. 2 finance-employment hub, and firms like Goldman, Charles Schwab, and Citadel have been busy trading subway tiles for TX barbecue joints and Florida beaches, but capital-market gravity still lives—at least for a little while longer—in #Manhattan where listing depth, legal infrastructure, and sheer liquidity remain larger.
LONE STAR LIFT-OFF: BlackRock’s new iShares Texas Equity ETF (TEXN) is less a red-state culture rally bugle than a pragmatic bet on a $2.7 trillion economy that happens to pump crude, fab semis, and launch rockets before breakfast. With nearly 200 home-grown names and a vanilla 0.20% fee, it seems to offer investors a Lone-Star-sampler platter, not a MAGA-monolith.
~~
Running Point “we are your family office”™️
LIFE INSURANCE DONE SMART™️ (LIDS) is our in-house #PPLI and #PPVA managed separate accounts program!
@wsj Several analysts said the termination underscores how tougher scrutiny of M&As could also scuttle opportunities for startups.
The effects will be felt not only amongst big tech, but also by smaller technology companies who may not be able to command as favorable exit premiums.
In the case of #Figma, it had accepted an offer from #Adobe at twice its valuation.
@itnewsbot The termination underscores how tougher scrutiny of M&As could also scuttle opportunities for startups.
The effects will be felt not only amongst big tech, but also by smaller technology companies who may not be able to command as favorable exit premiums.
In the case of #Figma, it had accepted an offer from #Adobe at twice its valuation.
@vsaw The termination underscores how tougher scrutiny of M&As could also scuttle opportunities for startups.
The effects will be felt not only amongst big tech, but also by smaller technology companies who may not be able to command as favorable exit premiums.
In the case of #Figma, it had accepted an offer from #Adobe at twice its valuation.