Learn how behavioral finance influences investment decisions and discover strategies high-net-worth families in Austin, Albuquerque, and Santa Fe can use to avoid costly mistakes and build long-term wealth.

Since 2000, many of the world's fastest-growing companies have delayed going public, allowing private investors to capture more of their early growth. This shift is changing small-cap investing, market concentration, and how high-net-worth investors think about portfolio diversification. Understanding the evolution of public and private markets is increasingly important for long-term investment success.

Since 2000, the stock market has experienced dramatic structural changes. Passive investing now represents roughly half of U.S. equity fund assets, algorithmic trading dominates daily volume, commission-free brokerages have expanded investor participation, and investors have become increasingly conditioned to geopolitical and economic crises. These changes have improved market efficiency while introducing new risks related to valuation, concentration, and market structure.

Over the five years ending December 2025, Google’s stock price significantly outperformed the S&P 500.

If you are navigating a busy professional or family life, chances are you have reached a point where “doing it all” when it comes to your finances no longer makes sense. Our peak earning years often coincide with our peak busy years – and in this season of life, managing our financial life becomes increasingly complex and full of potential tradeoffs. Even in straightforward situations, managing growing 401ks and brokerage accounts, surprise tax bills, and making sure one’s assets are protected through insurance and estate planning can become overwhelming, even for those who are financially savvy.

The Inflation Reduction Act of 2022 (IRA) was passed with a multitude of goals for the United States, one of them being to incentivize businesses and individuals to participate in the clean energy transition. For individuals specifically, these incentives take the form of tax credits for electric vehicles and clean energy or energy efficient homes. Some components of the Inflation Reduction Act may be repealed under the Trump administration, as Donald Trump has expressed the desire to repeal the Act and rescind any unspent funds allocated for it. Tax credits for EVs, solar panels, and battery storage may be repealed in 2025, so if you’ve thought about claiming a credit for any one of these, the time to do it is before the end of 2024. We’ll discuss each of these credits in more detail.