Volume 11: 1st Quarter 2010
Panorama: Reform, Regulation Dominate Discussion
in Davos
The overwhelming theme of the recent World Economic Forum in Davos, Switzerland from January 27th–31st was that of fragile recovery and uncertainty. Lacking the usual political heavy-hitters… More»
Healthcare Reform Legislation Hits Snag
It shouldn't surprise anyone these days that the effort to enact widespread health care reform has hit a major snag. For the past 75 years, Democratic presidents and Congressional members… More»
Roth IRA Income Limits Repealed
With tax season upon us, many investors will inevitably be thinking about making their annual contribution to an Individual Retirement Account, or IRA. Moreover, due to a recent tax law change… More»
Congress Lets Estate Tax Lapse
As of January 1, 2010 for the first time in 94 years there is no federal estate tax. It was widely believed that Congress would act to reinstate estate taxes prior to the end of 2009… More»
From the Editor: If you have any questions, comments, or suggestions for Spectrum, you may contact the editor or call 415-296-5718.
DISCLAIMER: Disclaimer/Disclosure First Republic Private Wealth Management encompasses First Republic Investment Management ("FRIM"), First Republic Wealth Advisors ("FRWA"), First Republic Trust Company ("FRTC") and First Republic Securities Company, LLC ("FRSC"), Member FINRA/SIPC. FRIM, FRSC and FRTC are a wholly-owned subsidiaries of Bank of America N.A. FRIM is a SEC Registered Investment Advisor. This document is for information purposes only and is not intended as an offer or solicitation, or as the basis for any contract to purchase or sell any security, or other instrument, or to enter into or arrange any type of transaction as a consequence of any information contained herein. All analyses and projections depicted herein are for illustration only, and are not intended to be representations of performance or expected results. The results achieved by individual clients will vary and will depend on a number of factors including prevailing dividend yields, market liquidity, interest rate levels, market volatilities, and the client's expressed return and risk parameters at the time the service is initiated and during the term. Past performance is not a guarantee of future results. Investors should seek financial advice regarding the appropriateness of investing in any securities, other investment or investment strategies discussed or recommended in this report and should understand that statements regarding future prospects may not be realized. Although information in this document has been obtained from sources believed to be reliable, we do not guarantee its accuracy, completeness or fairness, and it should not be relied upon as such. This document may not be reproduced or circulated without our written authority. The investment services and products mentioned in this document may often have tax consequences; therefore, it is important to bear in mind that FRIM does not provide tax advice. The levels and bases of taxation can change. Investors' tax affairs are their own responsibility and investors should consult their own attorneys or other tax advisors in order to understand the tax consequences of any products and services mentioned in this document. Products and/or services offered by First Republic Securities Company, LLC, and First Republic Investment Management are not deposits or obligations of, or insured, guaranteed or endorsed by any bank, Federal Deposit Insurance Corporation, the Federal Reserve Board, or any other agency, entity or person. The purchase of securities involves investment risks including the possible loss of principal.