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Direct Indexing can work for portfolios under 1mm, as well as those over 5mm

Global Macro Asset Management's (GMAM) Compact Index Series was launched and became available via Bloomberg tickers on Wednesday, 5/1/24. This significant milestone marks the introduction of our indexes to over 350,000 Bloomberg terminals worldwide! This development is pivotal for us at GMAM and offers tremendous opportunities for Advisors and their clients. The factsheets for each index are attached. Developed in concert with Bloomberg, The Compact Index Series underpins GMAM's Direct Investment strategies - Compact DITM, allowing investors to invest directly in the stocks of some of the world's most esteemed and substantial companies without needing ETFs or mutual funds. Key features include: Each index comprises no more than 22 stocks, making them easily manageable. An individual security structure that enhances tax loss harvesting opportunities and allows for greater personalization compared to traditional investment vehicles. Composition across 11 sectors, with all securities equally weighted, ensures greater diversification than cap-weighted indices (often referred to as "The Magnificent 7" problem of the S&P 500).

Whether you’re making a career change or just got laid off, your 401(k) may be at the bottom of your to-do list. However, moving your 401(k) is an incredibly important step that must be well-thought-out. When leaving an employer, there are typically three workable opportunities to continue the growth of your retirement funds. Understanding which route offers more advantages for continued growth that will align with your next chapter in life is the first step.

When it comes to compensation, many companies are now providing equity and stock-based benefits to their employees. Each type of benefit has its own set of rules, and it’s essential to understand the nuances of each type. One form of equity-based compensation is restricted stock units (RSUs). Here’s what you need to know about this form of equity-based compensation.