In this white paper, we showcase how female business leaders at growing Hightower advisory practices have personalized the wealth management process to provide women of all types with the specialized services they seek. The paper highlights the specific strategies that contributed to growth.
January was a volatile month for investors. Fears of inflation returning, presidential executive orders, and new thinking around AI and capital expenditures had markets fluctuating. Overall, economic data continues to be robust with a healthy labor market, disinflation, and a spending consumer. Equity market participation broadened, and 2024 laggards such as healthcare, materials, and energy saw a turnaround.
2024 was highlighted by lower inflation, strong earnings growth, a robust consumer, and declining interest rates. Market participation broadened relative to 2023; the technology sector contributed 43% to the S&P 500's total return in 2024, compared to 55% in 2023.