Catch up on market commentary and firm news.
The rising temperatures in recent days boiled over with Russia’s stunning overnight assault on Ukraine, with armored columns and airstrikes against numerous cities, including the capital of Kyiv. On a humanitarian level, we mourn what will most likely cause significant loss of life, and the largest disruption of a peaceful Europe since the end of World War II.
Stamford, Connecticut—Clear Harbor Asset Management LLC today announced that Henrik Brun has joined the firm and will serve as a financial advisor in the capacity as Managing Director. Mr. Brun brings to the firm approximately 25 years of experience working with individual and institutional asset management clients domiciled in the US, Europe, and Asia.
Stamford, Connecticut—Clear Harbor Asset Management LLC today announced that Aaron Kennon, the CEO and Co-Founder of the firm, has been named to Forbes Magazine’s 2021 list of Best-In-State Wealth Advisors. “This award belongs to the entire Clear Harbor family—my colleagues and the firm’s trusted clients. The Clear Harbor team is passionate about the work that we do on behalf of our clients—particularly during this moment of great economic and geopolitical uncertainty. This award reflects the personalized approach that we embrace and the commitment that we make to deliver what we consider to be best-in-class advice and service to each of our client relationships,” commented Mr. Kennon.
On Friday, March 27, 2020, the Coronavirus Aid, Relief, and Economic Security (CARES) Act was signed into law. This $2 trillion emergency relief package is intended to assist individuals and businesses during the ongoing coronavirus pandemic and accompanying economic crisis. Major relief provisions are summarized here.
- Due Date for Federal Income Tax Returns and Payments Postponed to July 15 - Required Minimum Distributions from IRAs, 401(k) plans, and Other Retirement Accounts are Not “Required” in Calendar Year 2020 Due to the coronavirus pandemic, the
I hope this note finds you and your family well as the COVID-19 virus escalates and alters each of your daily lives. We recognize that the news emanating from this virus has rattled financial markets and increased portfolio volatility in a manner most likely not observed since the Great Recession of 2008-2009. While we certainly cannot shift market sentiment or alter the trajectory of the virus, we remain on call to respond to your concerns, thoughts, and questions.