The St. Louis Trust Company’s approach to wealth management for families with multi-generational wealth is different from the norm. We provide holistic, high-touch client service combined with customized, independent investment management and a full range of family office services. Your family receives a boutique experience while benefiting from unbiased advice and world-class expertise. Each client family is different, and so are we.
I am member of a global network of investment professionals. This past June the network had a “One-Stock Challenge” with the following rules:
1. Submit the name of a stock by June 29th
2. List out the rationale for choosing the stock
3. The stock with the highest price appreciation from June 30th to December 1st would be the winner.
Simple rules! Fun! Game on!
The vast majority of charitable giving in the U.S. is made directly by individuals to charitable organizations. According to the data, personal giving is over four times greater than giving that comes from private and corporate foundations. However, for families of great wealth, who prefer more structure around their philanthropy, the most common giving vehicles are private foundations and donor advised funds.
One of the first notable transactions using bitcoin was made in May 2010. A member of an online bitcoin forum posted a message stating “I’ll pay 10,000 bitcoins for a couple of pizzas…” At the time, one bitcoin was trading around fractions of a penny, so not an unreasonable request by this enterprising person. Fast forward to today when the bitcoin price hovers above $10,000, and we can collectively gasp at the thought of spending what would’ve been $100 million for a delicious meal and leftovers.