Bobby Eubank, Research Analyst, discusses our current thinking about one of our global themes.
Food for Thought: Next Generation Automation
Bobby Eubank, Research Analyst, discusses our current thinking about one of our global themes.
New & Noteworthy
Explore our latest news and insigts locllay and around the globe.
Noteworthy
Laly Kassa featured in Barron’s: The Single Woman’s Guide to Retirement Planning
Anyone who has ever spent a frustrating few hours clothes shopping knows that one size doesn’t fit all. When it comes to retirement, many women, in particular, need a custom fit.
Ellen Perry recently sat down with Chevy Chase Trust to talk about the question she gets asked most frequently from wealthy families,“How Do I Pass on Values to the Next Generation?” Hear Ellen describe successful strategies and potential pitfalls as she draws on experience from a lengthy career advising families of great wealth.
Ellen Perry, Founder and Principal of Wealthbridge Partners, speaks with Chevy Chase Trust
Ellen Perry recently sat down with Chevy Chase Trust to talk about the question she gets asked most frequently from wealthy families.
Amy Raskin, Chief Investment Officer, appeared on CNBC’s Fast Money Halftime Report on February 4, 2019 to discuss current market conditions and what they mean for investors.
Amy Raskin featured on CNBC’s Fast Money Halftime Report – February 4, 2019
Amy Raskin, Chief Investment Officer, appeared on CNBC's Fast Money Halftime Report on February 4, 2019 to discuss current market conditions and what they mean for investors.
Spencer Smith featured on IREI’s Shop Talk Podcast
What are the advantages to thematic investing — as well as the pitfalls? Spencer Smith, head of institutional investments discusses these questions on the Real Assets Adviser ShopTalk podcast.
Is today’s positive vibe on the economy based on sentiment or fact? Amy Raskin, Chief Investment Officer at Chevy Chase Trust, recently discussed market conditions and what they mean for investors on CNBC’s Fast Money Halftime Report. She also shared three stocks that have her attention.
Amy Raskin featured on CNBC’s Fast Money Halftime Report
Amy Raskin, Chief Investment Officer, appeared on CNBC's Fast Money Halftime Report on August 28, 2018 to discuss current market conditions and what they mean for investors.
Having more money than you need can give your children a soft landing, a firm financial start, or — if you prepare them in the right way — both.
The key to meaningful conversations about family wealth management has less to do with timing and more to do with how you approach it. Larry Fisher, President of Family Wealth, shares three tips for laying the groundwork for continued financial stability.
Food for Thought: When and How to Speak to the Next Generation About Wealth
We are asked a lot of questions about when and how to speak to the next generation about wealth. So as food for thought, we are sharing the answers.
Chevy Chase Trust Supports Community Foundation’s Annual Celebration of Giving
On Thursday, November 1, 2018, The Community Foundation of Montgomery County hosted its annual Celebration of Giving.
Leaders & Lunch: Passing on Values to the Next Generation
On November 28, 2018, Chevy Chase Trust hosted Leaders & Lunch featuring Ellen Perry, Founder and Principal of Wealthbridge Partners, who spoke about “How to Pass on Values to the Next Generation.”
Food for Thought: Why Invest in Individual Bonds Versus Mutual Funds and ETFs?
We receive a lot of questions about investing in individual bonds versus mutual funds, so as Food for Thought we are sharing the answers.
Chevy Chase Trust Wealth Access Client Portal
Chevy Chase Trust will be converting to a new Trust Accounting System the weekend of December 1-2, 2018. During this time, clients will not be able to access account information in CConnect. We apologize for this inconvenience.
Think you should wait to start taking Social Security? At Chevy Chase Trust, many of our clients are asking this very question. Leslie Smith, Head of Planning, examines key decisions as you head into retirement—and what happens if you choose to wait.
Food for Thought: When should I start taking Social Security benefits?
We receive a lot of questions about social security benefits and as food for thought, we are sharing the answers on when is the best time to collect.
Chevy Chase Trust hosts Health Insights 2018
On October 3, Chevy Chase Trust hosted Health Insights 2018, a program featuring three experts in the areas of genetic testing, the microbiome and the mind-gut relationship.
“Less Cancer” is Paving the Road to Cancer Prevention
A 501c3 nonprofit public charity, Less Cancer focuses on addressing preventable cancers through education and continuing medical education for healthcare providers, including physicians, nurses and public health professionals.
Pros, Cons to Buying Nvidia Stock
As Nvidia makes deep inroads into AI, its share price is skyrocketing. Bobby Eubank, Equity Research Analyst weighs in.
Investment Update, Third Quarter 2018
The S&P 500 Index generated a total return of 7.71% for the third quarter, bringing the nine month return to 10.56%.
What will it take to attract the next generation of advisers to the private wealth business?
From Real Assets Adviser: The private wealth business is facing a persistent and decades-old personnel crisis. Marc Wishkoff, Managing Director, weighs in on what will it take to attract the next generation of advisers.
Should You Move to a Retirement Community Before Retiring?
From U.S. News & World Report: While many people relocate to retirement communities after they leave the workforce, some Americans are moving to one before stepping away from the office. Laly Kassa, Managing Director weighs in.
Q & A with Ed Dobranetski
We recently sat down with Ed Dobranetski, a Managing Director at Chevy Chase Trust, to learn more about his background and how he became interested in investment management.
Investment Update, Second Quarter 2018
The S&P 500 Index began 2018 with an initial surge from 2,674 to a high of 2,873 on January 26th.
Finding Opportunity in Disruptive Change: Retailing and Its Supply Chain
We’re in the early stages of a revolution in retailing that is creating compelling new investment opportunities.
As thematic investors, we look for phenomena that are transforming cash flows and profitability across multiple industries. Then we seek to identify companies that will benefit, are investable through public equities with ample liquidity, and likely to pay off within three to five years.
Here we discuss one of these phenomena—how the next generation of automation is impacting the retail industry.
See our latest research and what it means for investors.
Finding Opportunity in Disruptive Change: Retailing and its Supply Chain
Today in the retail industry we're seeing that traditional brick-and-mortar stores are struggling despite a relatively healthy economy.
Smart college planning is the gift that keeps on giving. From UTMA accounts to 529s, Chevy Chase Trust shows clients how to build a legacy of learning through personalized tuition savings strategies that take into account a family’s complete financial picture. Chevy Chase Trust’s Laly Kassa and Leslie Smith share their insights on the best savings strategies for maximizing returns.
Financial Planning and College Savings
Every client at Chevy Chase Trust receives comprehensive financial planning.
Thematic Investing at Chevy Chase Trust
In some ways, thematic investing is a throwback to investing in a simpler time.
Chevy Chase Trust hosts Spring Reception at the Smithsonian’s Renwick Gallery
On April 24, Chevy Chase Trust hosted its annual Cocktail Party and Reception at the Renwick Gallery’s exhibition “No Spectators: The Art of Burning Man.”
Investment Update, First Quarter 2018
The S&P 500 Index began 2018 at 2,674. It ended the first quarter at 2,641. After accounting for dividends, the S&P generated a relatively small negative return of -0.76%.
Q & A with Tap Chibaya
We recently sat down with Tapfuma Chibaya, an Equity Research Analyst at Chevy Chase Trust, to learn more about his background and what he enjoys most about his career.
Amy Raskin, featured speaker at Strategas 12th Annual Macro Conference
At the Strategas 12th Annual Macro Conference on March 1, 2018, Chevy Chase Trust’s Chief Investment Officer, Amy Raskin, presented her views on Thematic Investing.
Investing in Disruptive Change: The Great U.S. Wealth Migration
As thematic investors, we look for phenomena that are transforming economic prospects across multiple industries. Here we discuss one of these phenomena, the migration of U.S. wealth to urban areas, and some of the investment implications.
Saying economy is strengthening, Fed’s Powell suggests faster pace of interest rate hikes
From The LA Times: During his first Capital Hill appearance since taking over as Fed Chair, Jerome H. Powell suggested Tuesday that the central bank could hike its key interest rate faster than anticipated. Craig Pernick, Head of Fixed Income weighs in.
Finding Opportunity in Disruptive Change: Retailing and Its Supply Chain
As thematic investors, we look for phenomena that are transforming cash flows and profitability across multiple industries. Here, we discuss one of these phenomena—how the next generation of automation is impacting the retail industry.
Q & A with Marc K. Wishkoff
At Chevy Chase Trust, Marc oversees the delivery of Chevy Chase Trust services to clients and coordinates with their legal, accounting and other third-party advisors.
Downsizing baby boomers face a key decision: Is it better to rent or to buy?
From The Washington Post: The age-old question of whether to rent or buy is prominent on the minds of baby boomers who are contemplating downsizing. Laly Kassa, Managing Director, weighs in on the topic.
Why is Walmart Closing Sam’s Club Locations Around the Country?
From The Street: Bobby Eubank, Thematic Research Analyst, provides insight on the closing of Sam's Clubs stores across the country and its affects on the retail supply chain model.
Investment Update, Fourth Quarter 2017
2017 was an extraordinary year for stocks. The S&P 500 generated a total return of 21.8%, and rose every single month of the year.
At Chevy Chase Trust’s 2017 Fall Investment Symposium, Spencer Smith, Head of Institutional Investing, discusses the thematic research process.
Spencer described the characteristics of a successful theme and also outlined how we use investment research to narrow down the over 250,000 publicly traded securities to the 40 or 50 stocks that go into client investment portfolios. “Before we make an investment in any individual company, there’s a long dynamic process that precedes that decision.”
To view highlights from Spencer’s presentation, click here.
To view his full presentation, click here.
Thematic Investing
At Chevy Chase Trust's 2017 Fall Investment Symposium, Spencer Smith, Head of Institutional Investing, discusses the thematic research process.
At Chevy Chase Trust’s 2017 Fall Investment Symposium, Tap Chibaya, Equity Research Analyst, presents the theme of U.S. Urbanization.
Tap began by pointing out that, for the first time in one hundred years, the rate of urban population growth is outpacing suburban areas, and America’s global competitiveness is now more centered around urban areas and the amenities and opportunities they offer. “Urbanization will contribute to sustainable growth in the U.S. by increasing productivity and allowing innovations and new ideas to emerge.”
To view highlights from Tap’s presentation, click here.
U.S. Urbanization
At Chevy Chase Trust's 2017 Fall Investment Symposium, Tap Chibaya, Equity Research Analyst, presents the theme of U.S. Urbanization.
Global Macroeconomic Overview and Investment Process
Amy Raskin, Chief Investment Officer, presents a global macro overview and the four steps of the investment process at Chevy Chase Trust’s 2017 Fall Investment Symposium.
Laly Kassa, Managing Director at Chevy Chase Trust, answers questions about Giving Tuesday and the tax benefits of charitable donations.
Laly Kassa featured on Fox 5 News
Laly Kassa, Managing Director at Chevy Chase Trust, answers questions about Giving Tuesday and the tax benefits of charitable donations.
Michael A. Coke, President and Co-founder of Terreno Realty Corporation, discusses industrial real estate in an urban environment at Chevy Chase Trust’s 2017 Fall Investment Symposium.
Mike discussed how real estate investors are changing their perspective when it comes to investing in urban areas. “D.C. itself has become the draw [in industrial real estate]; we’ve actually been shifting our investment focus from being in the suburbs to the city itself.”
To view Mike’s full presentation, click here.
Industrial Real Estate in an Urban Environment
Michael A. Coke, President and Co-founder of Terreno Realty Corporation, discusses industrial real estate in an urban environment at Chevy Chase Trust's 2017 Fall Investment Symposium.
Bobby Eubank, Equity Research Analyst, presents the theme of Automation at Chevy Chase Trust’s 2017 Fall Investment Symposium.
Bobby discussed how automation is enabling three areas of change in the retail supply chain that enable better service, lower cost, and faster delivery. “Automation equipment could dramatically expand beyond the giant factories and truly affect our daily lives.”
To view highlights from Bobby’s presentation, click here.
Next Generation Automation
Bobby Eubank, Equity Research Analyst, presents the theme of Automation at Chevy Chase Trust's 2017 Fall Investment Symposium.
Q & A with Blake K. Doyle
We recently sat down with Blake Keeley Doyle, Managing Director, to learn more about her background and who and what inspired her career in finance.
How the GOP mortgage interest deduction plan would hurt D.C.’s middle class
From the Washington Post: Laly Kassa, Managing Director and Certified Financial Planner, discusses how the GOP's new tax plan could affect homeowners in the Washington metropolitan region.
Slasher! Nike Wants to Cut Shoe Production Time by Half
Spencer Smith, Director of Research, and Bobby Eubank, Equity Research Analyst, offer insight on the sporting apparel’s ambitions for improving supply chain processes.
When To Consider A Corporate Trustee
Jeannette Roegge, Chief Fiduciary Officer, discusses how to determine whether a corporate trustee or executor might be beneficial to manage and protect assets.
Don’t fear the robot: Harness automation to boost labor force
Despite below-average economic growth and recurring geopolitical uncertainty, manufacturers here in the U.S. are reporting brisk business.
Investment Update, Third Quarter 2017
U.S. equity markets continued a steady climb during the third quarter of 2017.
Q & A with Michael Gildenhorn
We recently sat down with Michael to learn more about his background and how he began his career.
Amy Raskin featured in September’s Real Assets Adviser magazine
Read about who and what inspired her towards a career in finance and her commitment to thematic investing, the guiding principle at Chevy Chase Trust.
Investment Update, Second Quarter 2017
Global equity markets rose during the first half of 2017. In fact, annualized returns are on pace for the fifth best showing in 30 years. The MSCI All Country World Index (ACWI) generated a total return of 4.45% during the second quarter of 2017, bringing its year-to-date return to 11.82%.
Robot revolution: Is your job at risk?
Spencer Smith, Director of Research, discusses the potential impact of artificial intelligence and robotics on employment.
Chevy Chase Trust hosts John O. Brennan for Spring Reception
Chevy Chase Trust was proud to host John O. Brennan, former Director of the Central Intelligence Agency (2013-2017) on April 24, 2017.
Investment Update, First Quarter 2017
During the first quarter of 2017, the S&P 500 Index generated a total return of 6.07%. Almost all of the gain, 5.36%, occurred between early February and early March. Since the election, the S&P has returned slightly over 10%.
Tom Cholis, featured speaker for Washington, D.C. Estate Planning Council event
Chevy Chase Trust Senior Advisor Tom Cholis was a featured speaker for the Washington, D.C. Estate Planning Council’s “Inside the Members’ Heads” on Wednesday, March 15, 2017.
Bill Gate’s robot tax idea is flawed. Here’s why.
Recently, a spate of stories have appeared in the media speculating that advances in technology, specifically robotics and artificial intelligence, will inevitably lead to widespread job losses as workers are replaced by machines.
Dr. Claudine Isaacs, featured speaker at Women & Progress 2017
Chevy Chase Trust hosted the third in a biannual series of events focused on issues important to women on February 15, 2017.
Chevy Chase Trust hosts Ambassador Melanne Verveer for Women & Progress 2017
On February 15, Chevy Chase Trust hosted Women and Progress, an event focused on the advancements women are making in corporate America, politics and breast cancer research.
Urbanization ushers in upstart industries, innovative ideas
In 2009, for the first time in world history, the number of people living in urban areas surpassed the number living in rural areas. More recently, U.S. urban population growth began outpacing suburban growth for the first time since World War II.
Investment Update, Fourth Quarter 2016
2016 was a good year for equity markets.
Innovation, demographics make automation increasingly appealing
We are, indeed, witnessing a revolution in industrial automation. However, it is important to separate the hyperbole from the underlying economic realities.
Blake Keeley Doyle Joins Chevy Chase Trust
Blake Keeley Doyle has joined the firm as Managing Director to build its institutional client business.
Market Update
U.S. equity markets closed higher both days after the Donald Trump victory and Republican sweep of Congress.
Investment Update, Third Quarter 2016
There has been no shortage of newsworthy events this year. We’ve endured terrorist attacks on multiple continents and a widespread epidemic, Zika.
A message from the President & CEO
I like to think of Chevy Chase Trust as an investment think tank.
Investment Update, Second Quarter 2016
During almost all of the second quarter, U.S. equity markets seemed impervious to bad news. Through June 23, the S&P 500 traded in a 100 point range between 2,025 and 2,125, close to its record high of 2,134 in May, 2015. Then came Brexit.
What Differentiates Chevy Chase Trust?
Clients tell us they find our approach to be refreshingly straightforward. We offer careful planning, global thinking, exhaustive research and thematic portfolios. This is investing pure and simple.
Chevy Chase Trust: Company Vision
Everything about Chevy Chase Trust gives our entire team the freedom to practice the art and science of creative thinking.
What is Thematic Investing?
Thematic investing is at the core of portfolio management at Chevy Chase Trust.
We believe that adherence to a thematic investment process delivers superior results over wealth-relevant time horizons.
Chevy Chase Trust’s thematic investing approach featured in Forbes article on “Investing Beyond the Trends”
Chevy Chase Trust, recently named #1 on the annual Forbes list of Top Wealth Managers, orients its entire research process around investing in global themes.
Important Disclosures
Important Disclosures
Investment Update, Fourth Quarter 2015
The S&P Index ended 2015 at 2,044, almost exactly where it started the year at 2,059. Including dividends, the Index’s total return for the year was +1.38%. Volatility was higher than in any year since 2008. Market performance was very concentrated.
Investment Update, Third Quarter 2015
Much changed in the third quarter. The narrow trading range that characterized the first seven and a half months of 2015 was breached in mid-August with a significant market decline and increased volatility.
Chevy Chase Trust Fall Investment Symposium
On September 23rd, Chevy Chase Trust hosted its Fall Investment Symposium featuring experts in the areas of investment management, world-wide demographics, and global economics.