Cerity Partners and Family Business Magazine Talk About Diversifying Concentrated Stock and the Private Markets

Two powerful trends are reshaping the investment landscape for wealthy families. In the public markets, wealth has become highly concentrated in a small group of technology giants. In the private markets, a growing share of the economy’s most innovative companies are choosing to stay private far longer than they once did.

For families, that creates a two-sided challenge: how to reduce risk in concentrated positions without triggering a punishing tax bill, and how to gain exposure to high-growth private companies. Those questions were the focus of a recent Family Business webinar, “Where Complexity Meets Urgency: A Playbook for Navigating Today’s Markets,” featuring Tom Cohn, CFA, partner and chief solutions officer at Cerity Partners.