Pennsylvania Trust

Though we won’t be taken out to the ball game any time soon, we’re still thinking of our phantastic Phillies. Here’s a throwback to last summer at the ballpark. Be sure to follow @FiduciaryTrust to get the latest updates about our new partnership.

On June 30, SVP Terry Colleran, Esq. of Fiduciary Trust International (formerly Pennsylvania Trust) will speak on the PA Bar Institute’s webcast: ‘Navigating the Settlement Process in 2020.’ You can register for the webcast on PBI’s website: bit.ly/2UxsTXw.

Record-low rates and a volatile market work in favor of Grantor Retained Annuity Trusts (GRATs). Our new partners at Fiduciary Trust have published a GRAT guide to help you figure out whether one might be right for you and your family. fiduciarytrust.com/insights/…

In case you missed the news: as of May 1, Pennsylvania Trust is now part of Fiduciary Trust International. penntrust.com/a-note-from-ge…

Investment Blog: The unemployment number was actually a bit “less bad” when you look at the expectations. penntrust.com/unemployment-r…

Investment Blog: With dire estimates for the second quarter, the first-quarter figure effectively confirms that a recession has started. penntrust.com/us-economy-con…

Charities need our support now more than ever. Though many of their #fundraising events have been cancelled, we are pleased to have made a number of donations to them before this all started. If you’re able, #donate to a local charity during this time. A little goes a long way.

As we navigate this unprecedented time together, we want to remind you that we’ve provided a number of helpful resources on our website. For timely updates on how #COVID-19 is impacting markets and industries, follow CIO Jon Heckscher’s #investment blog: penntrust.com/about-pennsylv….

Investment Blog: While the front-end futures contract briefly traded below $0 per barrel, the value of oil is NOT negative. penntrust.com/low-oil-prices…

Investment Blog: The decline in global oil demand this month alone — 25 million barrels a day — is roughly seven times larger than the biggest decline after the 2008 economic crash. penntrust.com/oil-deal-shoul…

Investment Blog: Don't fight the Fed penntrust.com/dont-fight-the…

Read our first quarter commentary and download our latest Economic Insights: penntrust.com/1st-quarter-20…

This is a challenging time for us all. Now, more than ever, it’s important that we turn to each other for the help and support we need. We’re always here for you. Please reach out to us with any financial questions you have.

Investment Blog: The Department of Labor confirmed that between March 14th ad March 28th, almost 10 million people filed for unemployment benefits... penntrust.com/jobless-claims…

In these challenging times, it is more important than ever to make sure your estate planning documents are up to date and accurately reflect your wishes. penntrust.com/2020-tax-and-p…

Investment Blog: While COVID-19 cases are clearly escalating domestically at an alarming pace, we believe the market has now priced in much of the potential damage to the U.S. economy. penntrust.com/state-of-the-m…

The CARES Act is designed to boost the economy by providing over $2 trillion in relief, ranging from individual rebates to increased unemployment benefits to tax breaks. Here are some highlights. penntrust.com/cares-act-high…

Investment Blog: The number of Americans filing for unemployment benefits climbed to a record 3.28 million. penntrust.com/covid-19-lockd…

Investment Blog: Fiscal-stimulus hopes led to the second consecutive day of strong gains pushing the S&P 500 Index to its biggest two-day increase since November 2008. penntrust.com/market-movemen…

Active investment management will become essential in the 2020s. penntrust.com/managing-throu…