Market data as of October 31, 2026; earnings and election data as of November 6, 2026. October featured a sharp rotation across financial markets. While the S&P 500 (-1%) and Nasdaq Composite (-5%) slipped, the equal-weighted S&P 500 gained 5% as investors rotated from mega-cap tech into cyclical and value segments. That repositioning collided with […]
Last month we looked at how adding a formula GPOA to older irrevocable trusts may allow a basis adjustment without triggering federal estate tax. This week, we’re going to look at how drafting a formula GPOA into a new trust can be beneficial for transitioning wealth to the next generation—especially when there is a large […]
A $3 million compensation package sounds pretty compelling. Before celebrating the a 7-figure package, I would want to know what the executive is walking away from. I have worked with executives navigating complex compensation decisions, and one thing is clear: the headline number rarely tells the whole story. Consider a senior executive leaving for a […]
This week kicks off a two-part series on the formula general power of appointment (GPOA)—one of the most underutilized basis planning tools available. Part 1 focuses on adding a formula GPOA to an existing irrevocable trust document. Part 2 will cover how a formula GPOA can be included in newly-drafted instruments to effectively balance income […]
Market data as of September 30, 2026, unless otherwise noted. The third quarter of 2026 delivered an intense macroeconomic stress test for financial markets. Geopolitical frictions reignited as the Middle East conflict pushed Brent crude back above $100 per barrel. In response to stubborn headline pressures, a vast majority of developed-market central banks enacted policy […]
If you spent the final weeks of summer watching financial headlines, you may have noticed a distinct shift in tone. The extraordinary second-quarter corporate earnings reporting cycle has drawn to a close, and investor focus has pivoted toward a two-sided macroeconomic and political debate. August itself proved exceptionally resilient: the S&P 500 rose 2.7% and […]
Parsippany, NJ, August 20, 2026: SAX Wealth Advisors, a leading independent wealth management firm and part of SAX Advisory Group, today announced the acquisition of Lighthouse Financial, marking the firm’s second Florida office and further extending its advisory footprint. The transaction closed June 30, 2026, and brings approximately $350 million in assets under management to […]
You have a fancy binder, complete with revocable trust, will, and powers of attorney. It’s been sitting in your closet since you signed it and is likely covered in dust. But estate planning isn’t a “set it and forget it” exercise, and the last decade has seen some of the biggest changes to federal estate […]
SAX Wealth Advisors is proud to be recognized in Financial Advisor Magazine’s 2026 RIA Survey & Ranking, earning placement across all three of the survey’s categories: The Financial Advisor RIA Survey & Ranking is an annual industry benchmark, highlighting the top-performing independent advisory firms across the country based on assets under management (AUM) growth, overall […]
