What a Financial Advisor Actually Does — and Where They Add Value Author: Loveth Abu, Montecito Capital Management When people hear “financial advisor,” many think of someone who picks investments or watches the market for them. While investment selection is
Author: Montecito Capital Management Last week, U.S. equities posted modest gains amid a mix of economic signals and mounting anticipation of the Federal Reserve’s December policy decision. From Friday, November 28, through Friday, December 5, the major indexes delivered the
Author: Kip Lytel, CFA Montecito Capital Management When someone inherits a taxable brokerage account, it often contains large positions in individual stocks accumulated over decades. These holdings frequently reflect the investment environment of the previous generation — a time when