Leisure Capital Management

05/29/2026

At LCM, we know election years can make market uncertainty feel overly dramatic—and leave investors feeling unsettled and questioning what may come next.

But while today’s political cycle may feel unprecedented, history reminds us that markets have successfully navigated all of this before: changing administrations, policy shifts, inflation, global conflicts, economic slowdowns, and countless other periods of uncertainty. And through it all, investors who remained focused on long-term fundamentals and a disciplined investment strategy have often fared best over time.

Read on for our perspective on mid-term election cycles, market volatility, and why staying focused on the bigger picture matters now more than ever...

Looking beyond temporary turbulence

05/28/2026

Experienced investors know that election seasons tend to amplify emotions—and confuse the markets.

As we head toward the mid-term elections, that trend is likely to continue, bringing periods of volatility and headline-driven market swings. If that makes you uneasy, remember that it’s completely normal.

To consistently keep calm and carry on, the key is having a sound investment strategy already in place before turbulence arrives. Even the smartest planning can’t eliminate uncertainty—but it can help create clarity and discipline to move forward with confidence.

05/26/2026

It’s not unusual for people to approach charitable giving as a year-end exercise. Sometime around November or December, they begin thinking about which organizations they’d like to support.

But, like all of us, nonprofits are facing rising costs, growing demand, and increasing uncertainty right now. To navigate the path forward, many organizations need your support today—not six months from now.

If giving is a priority for you, let’s schedule a time to walk through why, how, and when you’d like to give. It’s one of the most rewarding conversations we get to have with our clients!

05/22/2026

Tax deadlines may be behind us, but tax strategy shouldn’t be.

For many investors, tax planning is something that happens once a year. In reality, the biggest opportunities to reduce tax impact happen throughout the year, often in moments that don’t make headlines.

From managing capital gains and distributions, to thoughtful asset location, to harvesting losses when markets give us the chance, these decisions compound over time.

If you’re thinking about how to be more proactive on the tax side, we’re always happy to have that conversation.

Protecting your wealth all year long

05/18/2026

Creating a customized portfolio isn’t about tweaking allocations.

It’s about understanding the full picture, including concentrated positions, tax exposure, liquidity needs, and family priorities, and then building around that reality.

And thinking outside the box.

If your financial life has grown more complex, it may be time for a new approach. We’re always happy to start that conversation.

05/15/2026

The more things change, the more they remain the same.

In late 2022, markets were wrestling with a familiar trio: inflation, Fed policy, and recession fears.
Fast forward to today, and while the specifics have evolved, the underlying questions haven’t:

• Is inflation truly under control, or just moderating?
• How long will policy remain restrictive, and what breaks first?
• Will economic resilience hold, or give way to a slowdown?
• How do geopolitical tensions impact the energy markets and global stability?

Markets still move on uncertainty, and investor sentiment still shifts faster than fundamentals. That’s why we continue to focus less on predicting outcomes, and more on building portfolios designed to navigate a range of them.

If you’d like to revisit how these themes connect to your portfolio today, we’re always happy to have that conversation.

Read our perspective from December 2022:

The ‘Santa Claus Rally’ is something investors have learned to hope for every year. As illogical as it sounds, this rally appears in the weeks leading up to December 25, and it often brings a nice bump in gains for the end-of-year stock market numbers. Unfortunately, it doesn’t look like inves...

05/13/2026

Wealth that lasts requires more than returns.

It requires structure, communication, and a shared understanding across generations of what that wealth is meant to do.

At LCM, our mission is to help protect you assets to serve future generations. That’s why we take the time to meet with your entire family, assist with the difficult conversations, and create a plan that works for everyone involved.

Talking to ‘the kids’ about family wealth

05/07/2026

Selling your business is more than a transaction. It’s a life transition.

For many of our business-owner clients, we see that the real work begins after liquidity, when capital needs to be repositioned with purpose, discipline, and a long-term lens.

If you’re approaching a sale or thinking about what comes next, we’re here to help you navigate that next chapter with the same care you brought to building your business.

05/04/2026

A concentrated stock position can be a sign of success—or a source of risk.

Often, it’s both.

The question isn’t whether or not to diversify, but rather how to do so in a way that is tax-aware, and aligned with your long-term goals. Our team can walk you through your options and make wise decisions to continue to grow and protect your assets today and far into the future.

05/01/2026

Here's something worth asking yourself: Does your portfolio actually reflect your life?

Not just your risk tolerance or time horizon — but your family priorities, your legacy goals, the causes you care about, and what financial success really means to you.

That's the difference between a portfolio that looks right on paper and one that truly works for you. At LCM, that's always where we start.

Investing in real-life complexity