Resources

CURRENT EVENTS: COVID-19

Webinar on Texas Scientists’ Global Fight against COVID-19

We were fortunate to have Dr. Lauren Ancel Meyers and Dr. Jason McLellan join us last week to present on their frontline work in the global fight against COVID-19.  Dr. Ancel Meyers provided an overview of her teams work on modeling different aspects of the pandemic, including their work in advising the White House Coronavirus […]

CARES Act for Nonprofits and Donors: What We Know So Far

Giving well in these unprecedented times is both essential for our communities and requires planning. The Coronavirus Aid, Relief, and Economic Security (CARES) Act provides both tax incentives for charitable donations in 2020 and funding, both loans and essentially grants, to nonprofit organizations. Susan Jenevein, Director of Tolleson Philanthropy Services, and Darren Moore, nonprofit organizations […]

Tips to Avoiding Fraud & Scams

With many communities practicing social distancing measures, daily habits are changing to adapt to a new normal. You may find yourself spending more time on personal devices or communicating online to connect with family and friends. Criminals are also adapting their habits around current events, finding new ways to steal your information. We recommend a […]

How Can I Help?

Many people are wondering how they can help our communities in this health and economic crisis.  Tolleson Wealth Management’s Philanthropy Services team is continuously communicating with local and national non-profit agencies and service providers who are providing emergent response to the COVID-19 pandemic and the resulting economic consequences to businesses. The team has compiled information […]

Summary of Recent IRS Communications

As is true for many areas of our lives these days, new tax developments are emerging daily. Below is a quick recap of the tax news most likely to impact our clients. Tax Return and Payment Deadlines: The IRS has now deferred the deadline for all income and gift tax returns originally due between April […]

Tolleson Private Bank Branch Closure

To our valued Tolleson Private Bank clients, our concern for how the COVID-19 outbreak has affected you and your family is paramount and on our minds. We are taking extensive steps to protect our employees, our clients, and our communities. In an effort to comply with local recommendations around social distancing, Tolleson Private Bank will […]

Insights

Quarter-End Snapshot: Q1 2020

Quarter-End Snapshot Q1 2020 Firm Update from Carter Tolleson, CEO “Always look for the helpers. Because if you look for the helpers, you’ll know that there is hope.”– Fred RogersThe world changed and it did…

Investment Update

Fears from the spreading Coronavirus caused turmoil in the financial markets last week. The S&P 500 dropped 11.5% and is now down 8.5% for the year. Non-US stocks fared slightly better, with the MSCI ACWI-Ex US down slightly more than…

Quarter-End Snapshot: Q4 2019

Quarter-End Snapshot Q4 2019 Firm Update   from RICHARD JOYNER, PRESIDENT It’s hard to believe that 2020 marks our 20th year in business, and we’ve been thinking a lot about how to celebrate such a…

Quarter-End Snapshot: Q3 2019

Quarter-End Snapshot Q3 2019 Firm Update   from Carter Tolleson, CEO Typically, towards the end of the year, many of us spend time reflecting on the past trip around the sun – accomplishments, progress made…

Quarter-End Snapshot: Q2 2019

Quarter-End Snapshot Q2 2019 Firm Update   from Richard Joyner, President One of the most common questions we encounter when we’re working with client families is how to help children and young adults build the skills – especially…

The Power of “WE”

On March 27, I joined colleagues, teachers, students, A-list performers and international speakers in celebrating Texas’ WE Day in Downtown Dallas, a movement launched by brothers Craig and Marc Kielburger. As humanitarians, activists and social entrepreneurs, the Kielburgers founded a…

President's Blog

Part I: The Multi-Family Office

One of the most common questions prospective client families ask me is about the advantages of working with a multi-family office. “I have an estate planner, and a CPA, and an investment advisor,” they say. “Can’t I just work with them and get the same result?” Well, yes and no. It’s fair to say that […]

Using Your Exclusions

The holidays are (finally) upon us and gift-giving is often the focus of many family discussions around this time. For families that have achieved a certain level of financial success, the topic may be more important this year than most, although for slightly different reasons. It’s difficult to ignore the fact that there is a […]

Family Leadership Development

Over many years in practice, I’ve watched countless entrepreneurs work to make the transition from operating a family business to living with (and from) financial assets. It takes a different set of skills to create and run a successful business and to maintain and grow a complex web of financial assets, entities, and family members. […]

The Kitchen Dance

Recently, a colleague and I conducted a small family meeting in a client’s home. The meeting included the mom and dad with their two adult children. Since we were in the beginning phases of the family meeting process, spouses and significant others did not attend.

Case Studies

Creating A Legacy

  The Situation: Our clients, Mr. and Mrs. G, retired ten years ago. They sold their family home in Dallas, bought a small condo and spend most of their time travelling abroad. When they are in Dallas, they enjoy spending time in the Dallas Art District seeing performances and viewing art collections. Their three grown […]

Family Meetings and Estate Planning

  The Situation: Mr. E is a father of a family and a serial entrepreneur who has been highly successful in several businesses. While he was busy creating wealth, Mr. E often neglected his estate plan or simply added on to the existing plan using whatever attorney was working on his business affairs at the […]

Post-Nup, Asset Protection

  The Situation: A Tolleson Wealth Management client, Mrs. Y, is a 40-year-old daughter of a very wealthy mother and an only child. She is married to Mr. Y, a man that owns a variety of real estate investments. Most of his real estate consists of self-storage units across the state of Texas. He also […]

Preparing for Marriage

  The Situation: When Ms. L, the daughter of a Tolleson Wealth Management client family, began talking about marriage, our advisors helped begin a dialogue about the best way to prepare for it. Most young people, especially from families of wealth, are very hesitant to have the discussion about the dreaded “prenup.” However, we encouraged […]

Transition

  The Situation: Mr. and Mrs. K are prospective clients in their 70s that expressed a great deal of concern about who would take over their financial affairs in the event of either of their deaths. They have four married children in their 40s and nine grandchildren. The children live all over the US. The […]

News & Events

BSA Analyst Suzy Poile Receives Community Service Award for Volunteer Work and Love of Helping Dogs

Each year, Tolleson Wealth Management presents a Community Service Award to the employee with the most amount of service hours to recognize the hard work and impact made giving back to the local community. The selected recipient of this award receives a $1,000 grant for the charity of his or her choice. Tolleson Private Bank’s […]

Chief Talent and Learning Officer Jeff Strese Provides Insights to Family Business Magazine about the Rising Generation

While assisting families prepare the rising generation for leadership, Chief Talent and Learning Officer Jeff Strese often sees young adults eager to get involved with their family’s enterprise. In his latest Family Business Magazine article, “Good practices in family well-being: Embracing the rising generation,” he highlights how families can gain stronger unity by improving communication […]

InvestmentNews Names Tolleson Wealth Management a 2020 Best Places to Work for Financial Advisors

InvestmentNews published its annual Best Places to Work for Financial Advisors list this week featuring Tolleson Wealth Management for the third consecutive year. The selection is based on employer and employee surveys regarding culture, benefits, career paths, and more. The firm was chosen as one of this year’s top 75 firms throughout the country. “Tolleson […]

Richard Joyner Ranks #2 on Barron’s Annual Top Advisory List

The Barron’s released their 2020 Top Advisor Ranking for each state and President Richard Joyner ranked number 2 on the list of 90 advisors throughout Texas for the third consecutive year. The list was also published in The Wall Street Journal as ‘America’s Top 1,200 Financial Advisors.’ The ranking is categorized by each state with […]

CEO Carter Tolleson Talks Strategy with Dallas Business Journal Amid COVID-19

When the COVID-19 pandemic began to spread in the United States, investors were caught by surprise causing financial markets to quickly lose their footing. A recent Dallas Business Journal article addresses the shifting financial strategies across different types of wealth management firms. CEO Carter Tolleson shares his thoughts on Tolleson Wealth Management’s approach during this […]

Leaders Dedicate a Day to Development at Tolleson Wealth Management’s 2020 Leadership Symposium

Tolleson Wealth Management hosts the first Leadership Symposium dedicated to learning, reflecting, and casting a vision for the future. Industry professionals taught and spoke to participants equipping each with new knowledge and experiences to strengthen their leadership journey and culture at the firm. “Our goal in 2020 is to build upon the overall growth and […]