April is Financial Literacy Month, and to mark the occasion we are excited to share news of Pathstone’s inaugural six-week “Intern Rotational.”

This summer, interns will have the opportunity to learn from our talented team as they rotate through several different departments to gain a better understanding of how we serve and innovate on behalf of our clients.

The S&P 500 had its best start to a year since 2019, up +10.6%. After starting the year down nearly -4% in January, US Small Caps finished the quarter up +5.2%.  Bond yields have mostly drifted higher so far in 2024 as the market now anticipates fewer rate cuts this year and the treasury announced record issuance.

As we enter a new year, it’s prudent to take stock of the ever-evolving landscape of the home insurance market, particularly for those with substantial assets to protect. The market has been struggling to adjust to shifting conditions, with carriers leaving certain geographies and a tightening of capacity. These developments have understandably raised concerns among homeowners about the stability of rates and the adequacy of coverage. For those with high-value properties, which are often in vulnerable coastal or wildfire-prone areas, this is a particular concern. Below we offer a summary of the key issues and some actions to consider in light of potentially sustained higher insurance rates.