Preston McSwain is a Founder and Managing Partner of Fiduciary Wealth Partners (FWP). Outside of work, Preston is active in the community and serves on the Board of The Pioneer Institute, the Board of Overseers of the Peabody Essex Museum, as the Treasurer of Church of the Redeemer in Chestnut Hill and as a founder of Boston Preparatory Academy Public Charter School. He is also a member of the Economic Club of New York. Preston McSwain is also a requent speaker on wealth management, investment and fiduciary topics and is a regular writer and contributor to financial publications such as IRIS, WealthManagement.com and Trust & Estates magazine. In addition, he has been profiled in the Wall Street Journal. Preston lives in Chestnut Hill, MA with his wife Susan, son Jack and daughter Meghan. During the Summer, Preston and his family can be found on the beach at Martha's Vineyard, which is the inspiration for his Clean Up Oceans website.
I hope this finds all well and enjoying a nice July 4th holiday! SJM (my family) is spending time at the beach, and J&S (Jack and Meghan) have been concerned about the amount of trash we find in the sand every morning (on a beach that a few years ago for was trash free) and … More Clean Up Oceans
I hope this finds everyone well. I have been meaning to post this for over a week now but I have been out with a little back surgery. All is well though and it has given me plenty of downtime to think outside the box a little and develop a few new thoughts and questions. … More Consensus Recommendations Points to More Flows to European Equities – Should Consensus and Flows Be Followed?
At lunchtime yesterday, I was fortunate to hear Chair Janet Yellen speak at the Economic Club of New York. Much is in the paper about her talk and I have seen quite a few posts on the internet. I am not a Federal Reserve (Fed) commentator by any standard, but I did want to at … More Chair Yellen – Direct and Clear – Risks of Not Meeting Inflation Targets Are Higher Than Exceeding Them
An article in the NY Times titled “The Oracle of Omaha, Lately Looking a Bit Ordinary”, got me thinking. Are the words in the image above what really adds value to relationships? The NY Times story, by Jeff Sommer, highlights research by Salil Mehta, on his blog Statistical Ideas, about the virtues of index investing. … More Are We Spending Too Much Time Selling Alpha?
For those who have read my past blogs, you know by now that I like to explore the road less traveled and have a contrarian streak. My kids also know this. I often tell them, “don’t be a sheep.” When I hear people talk about market outcomes as if they are self-evident, I feel the … More Consensus Points to Slower Growth – Is This a Signal to Buy?
I hope this finds everyone having had a great Summer. All has been well at SJM Fiduciary and with SJM (Susan, Jack and Meghan). I have been taking the opportunity over the past few months to visit with clients and key members of the community, grow the business and increase resources and, yes, take some … More 10 Rules / Thoughts to Consider
As I write this, those of us in the Northeastern part of the U.S. have enjoyed what has been a glorious holiday weekend outside. For those in other areas, I hope you have also had a nice time with family and/or friends. Unfortunately, the past few weeks have not been such a pretty place for … More Planning For What We Can Control
With both bulls and bears now having valid points about what the future may bring, I decided to title this Blog to spark a little debate about how the industry discusses risk and return in the equity market. As I say to my clients at SJM Fiduciary, I feel that healthy banter about what are … More Does Lower Risk = Higher Long-Term Equity Returns?