Health savings accounts (HSAs) are the best savings and tax strategy in many years because they are triple tax-free.
The Trust Company of Tennessee announces four promotions of top team members
The Trust Company of Tennessee has promoted four within its leadership team. Miranda Carr has been promoted to chief investment officer; Jack S. Davidson, chief strategy officer; Denise Ledden, chief operating officer; and Neil Patel, vice president of information technology. Founded in 1987 and with offices in Chattanooga, Knoxville and the Tri-Cities, The Trust Company of Tennessee currently has more …
Market Commentary | Third Quarter 2019
Headline-driven volatility characterized the third quarter of 2019, with bonds posting higher gains than equities1. The S&P 500 was up 1.7% for the quarter, and bonds1 were up 2.27%. Ups… The Federal Reserve cut interest rates twice during the quarter in response to disappointing economic data and increased uncertainty caused by trade tensions. Manufacturing data was particularly soft, and trade tensions weighed on economic activity. The consumer, however, has …
How should I be invested?
One of the most common questions advisors are asked is “How should I be invested?” and unfortunately, there isn’t a simple answer. Determining asset allocation is not a “one-size fits all” process nor should it be based solely on your age or income. While it may be easy to pick a balanced, middle of the road portfolio, does that actually help solve …
The Trust Company of Tennessee adds Karla Gander as paralegal
The Trust Company of Tennessee has hired Karla Gander as a paralegal in the firm’s Knoxville headquarters. Founded in 1987 and with offices in Chattanooga, Knoxville and Tri-Cities, The Trust Company of Tennessee currently has more than $3.5 billion under management. The firm helps individuals, families, business owners and charities make better decisions with money through wealth management, personal investment …
The Trust Company of Tennessee adds Olivia Greenlee as recordkeeper
The Trust Company of Tennessee has hired Olivia Greenlee as a recordkeeper in the firm’s Knoxville headquarters. Based in Knoxville and with offices in Chattanooga and Tri-Cities, The Trust Company of Tennessee is a state-chartered bank with more than $3.5 billion under management. The company helps individuals, families, business owners and charities make better decisions with money through wealth management, …
What do tariffs mean for my investments?
The stock market has seen both positive and negative volatility over the past few weeks as headlines have focused on trade tariff announcements between the United States and China. While this has been a recurring theme throughout 2018 and 2019, investors have seen their account balances fluctuate and may be wondering: “What has occurred, and what does it mean for my investments?”
The Trust Company of Tennessee adds Carmen Connell as accounting associate
The Trust Company of Tennessee has hired Carmen Connell as an accounting associate in the firm’s Knoxville office. Based in Knoxville, The Trust Company of Tennessee is a state-chartered bank with more than $3.5 billion under management. The company helps individuals, families, business owners and charities make better decisions with money through wealth management, corporate retirement and personal trust services. …
Despite headlines, markets are up
Quarterly Performance Despite increasing trade tensions, geopolitical turmoil, and downward revisions to global growth forecasts, nearly all asset classes posted positive returns in the second quarter. The S&P 500 was up 4.3%, International Developed markets1 were up 3.7%, and even the Emerging Market index2 was up 0.6%, despite negative performance in China lowering returns for the asset class. Bonds3 were …
The Trust Company of Tennessee adds Ashley Bearden as human resources coordinator
The Trust Company of Tennessee has hired Ashley Bearden as human resources coordinator. Based in Knoxville, The Trust Company of Tennessee is a state-chartered bank with more than $3.5 billion under management. The company offers wealth management, corporate retirement and personal trust services. “We’re glad to welcome Ashley to our team,” said Sharon J. Pryse, founder and CEO of The …