Jim Barnes, Senior Vice President and Director of Fixed Income at BMT Wealth Management, discusses the Federal Open Market Committee (FOMC) meeting that concluded on December 11, 2019, the last meeting of the year. After three consecutive meetings concluding with an interest rate cut, the Fed left the federal funds target range unchanged at 1.50% - 1.75%.

BMT Wealth Management President Jennifer Dempsey Fox and Jennifer Marshall, senior vice president and director of tax services at BMT, discuss the time-sensitive topic of Qualified Opportunity Zone Funds, created by the Tax Cuts and Jobs Act (TCJA) of 2017.

As expected, the federal funds target range was cut by 25 basis points – the third cut in as many FOMC meetings. Chairman Powell’s post-meeting comments indicated that the U.S. economy is in a good position while monetary policy remains somewhat accommodative.

BMT Wealth Management President Jennifer Dempsey Fox and Steve Klammer, senior vice president and director of wealth advisory services at BMT, sit down for a wide-ranging discussion on estate planning when facing a divorce.

Jeffrey Mills, Chief Investment Officer at BMT Wealth Management, tackles a number of the most pressing topics for investors.

Jennifer Dempsey Fox, President of BMT Wealth Management, is joined by Elizabeth B. Wagner, BMT’s Director of Institutional Wealth Management, to discuss trends in philanthropic giving, especially the use of donor advised funds and private foundation...

Jim Barnes, Senior Vice President and Director of Fixed Income at BMT Wealth Management, discusses the two-day Federal Open Market Committee (FOMC) meeting that concluded on September 18.

Neil and Jen give a primer on interest rate swaps, a product used to mitigate risk and used often in conjunction with other banking products and services. Listen in as they discuss "swaps" in terms of rate hedging, risk management, foreign exchange risk management, credit portfolios, and more.

Jim discusses the reasons for the Fed's decision as well as why some Fed committee members felt that the U.S. economy does not need additional stimulus. In the end, the Fed cut the federal funds target rate by 25 basis points (or 0.25%).