Insights and News

Personal Finance 301 – Saving & Investing

  A 2017 survey conducted by GoBankingRates indicates that 33% of Americans have no retirement savings and another 23% have only between $0 and $10,000! Sadly, too many people are ill-prepared financially for their future, whether it be for retirement or an unexpected emergency. Fortunately, for adults in their 30s and 40s, there is still […]

Promotions & New Hires

    P R O M O T I O N S  The Directors of HM Payson are pleased to announce the following promotions: Michelle Santiago, Esq. has been named Chief Trust Administrative Officer and Pamela Stephenson, CTFA has been appointed Chair of the Fiduciary Services Committee. In her role as Chief Trust Administrative Officer, […]

HM Payson Strengthens Portfolio Management and Operations Teams

HM Payson is pleased to announce the addition of Richard T. Price as Portfolio Manager and Jeffrey T. Soules as Trader to the integrated financial advisory team. Richard comes to HM Payson Richard T. Price | Portfolio Manager Richard joins HM Payson with four years of experience in the financial services industry, holding the position of […]

HM Payson is pleased to announce the addition of Edward Demetriou, Esq.

  The Managing Directors of HM Payson are pleased to announce that Edward Demetriou, Esq., has joined the Firm as a Portfolio Manager. Edward holds the designation of Chartered Alternative Investment Analyst (CAIA) and, in addition to his other responsibilities, will help build the Firm’s platform for investment in alternative asset classes on behalf of […]

Second Quarter Investment Review & 2017 Outlook

The second quarter carried forward many of the same investment themes from the first quarter. Perhaps the most notable is the continued low volatility of the equity markets as nothing seems to rattle investors. The equity indices continued their methodical ascents to higher and higher levels with little excitement along the way. The VIX (Volatility […]

Promoting Derek Blackburn to Chief Operating Officer

As the Chief Operating Officer for HM Payson, Derek will direct, develop and administer operational strategies to ensure the achievement of the Firm’s goals and objectives. He is responsible for oversight of the custodial platform, all subservice organizations and the overall effectiveness of custodial operations.   Derek is also responsible for monitoring, maintaining and enforcing […]

Announcing Our Newest Shareholders

  A thoughtful approach to the management of our clients’ affairs has played a large part in the long term success of our Firm. But we also realize the importance of keeping an eye to the future in order to remain relevant for the generations of clients yet to come. In that spirit, our team […]

Personal Finance 301 – Budgeting & Financial Statements

For a printer-friendly version, click here. As advisors, we place a high level of importance on financial planning which encompasses many aspects of life, including budgeting, retirement planning, education planning, risk management and estate planning. In December 2014, we published a paper titled “Financial Foundations for the Next Generation” as the first note in the […]

2016 Election Note

The only thing markets dislike more than uncertainty is an outright surprise.Very few observers or pollsters gave Donald Trump much of a chance to win the election. The election proved to be one of the biggest political surprises in history. As it became clearer that Trump would win, the US stock market sold off 5.8% in the overnight futures market before rallying to close up 1.1% the day after the election in an incredible and historic round-trip.

Endowment Spending In A Low Return Environment

For most organizations fortunate enough to possess an endowment, the funds are intended to be perpetual and to provide a stable and growing source of financial support to the organization well into the future. But in the here and now, budgets are typically tight; so boards and investment committees must address the creative tension between meeting today’s spending needs while considering spending needs in the future.

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An Integrated Financial Advisor