HWM Insights

The third quarter of 2025 delivered broad-based gains across asset classes while the underlying fundamentals told a more complicated story. Equity valuations reached levels not seen since the late 1990s, the labor... >>

For high earners and business owners, delayed decisions don't just cost time. They compound. The math was brutal: three years of staying cost my client $1.2 million in compound opportunity. The bonus he couldn't... >>

Editor's note: This article was published on September 23, 2025, following Federal Reserve Chair Jerome Powell's remarks at the Greater Providence Chamber of Commerce that day. It reflects market conditions and Fed... >>

Editor's note: This article was published on September 14, 2025, ahead of the Federal Reserve's September 16 to 17 FOMC meeting. It reflects market conditions, economic data, and Fed expectations at that time and is... >>

There's a concept in energy markets called the crack spread: the margin refiners earn between the cost of crude oil and the value of finished products like gasoline and diesel. Refineries don't get paid for crude.... >>

The foundational rule of wealth building has not changed: more coming in than going out. What has changed is how complicated "coming in" and "going out" can be when a business owner manages multiple entities,... >>

August sits at a unique intersection in the financial planning calendar. Q2 is behind you, Q4 has not yet started, and the window between the two is genuinely one of the most productive times of year to make... >>

Editor's note: This article was published on August 3, 2025, and reflects market conditions and data from that specific date. It is preserved as a contemporaneous account of an unusual market pattern and is not... >>

The difference between a business that sells for $3.6 million and one that sells for $10 million is often not the underlying cash flow. It is which profit metric buyers use to value it, who those buyers are, and... >>