Fortis will serve as the cornerstone of a new, dedicated Emigrant business unit delivering specialized non-investment family office services to ultra-high-net-worth families and RIAs MIAMI, FL — March 4, 2026 — Emigrant Bancorp, Inc. (“Emigrant”), the parent company of Emigrant Bank, announced today that it has entered into an agreement to acquire a majority interest…
Read MoreQuarterly Market Commentary Fourth Quarter 2025
The year ended on a high note as stocks closed near all-time highs, while 10-year bonds rallied about 60 basis points from 4.80% to end at 4.17%. The imposition of massive global tariffs upended financial markets in April 2025, causing deleterious and cascading effects on the economies of U.S. trading partners. The tariff disruption also…
Read MoreQuarterly Market Commentary Third Quarter 2025
The second quarter was a period of chaotic equity market volatility following “Liberation Day” where President Trump announced sweeping reciprocal tariffs of 50%+ for some nations with a floor of 10% for all. The equity market’s immediate reaction was a 12% sell-off in a matter of days with the S&P 500 crossing below 5,000 and…
Read MoreQuarterly Market Commentary Second Quarter 2025
The second quarter was a period of chaotic equity market volatility following “Liberation Day” where President Trump announced sweeping reciprocal tariffs of 50%+ for some nations with a floor of 10% for all. The equity market’s immediate reaction was a 12% sell-off in a matter of days with the S&P 500 crossing below 5,000 and…
Read MoreCPTOH Appoints Linda Olejko as Chief Executive Officer Veteran Wealth Strategist to Lead Strategic Growth and Client-Centered Expansion Across Generations
CLEVELAND, OH – Cleveland Private Trust Company is pleased to announce the appointment of Linda Olejko, CFP®, CEPA, as its new Chief Executive Officer. With more than 25 years of experience advising high-net worth individuals and families, Linda brings a proven track record of leadership grounded in integrity, deep listening, and strategic execution. Linda has…
Read MoreQuarterly Market Commentary First Quarter 2025
We outlined four factors in January: tariffs, taxes, immigration and deregulation that would drive markets in the first half of the year. Tariffs have clearly proven to be the most significant wildcard of 2025. The S&P 500 topped in February, up 4.6% to 6,144 but, ended the quarter down -4.3% to around 5,600. The tech-focused…
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