Leisure Capital Management

10/15/2026

• A former employer’s stock plan
• An old 401(k)
• Shares received through an acquisition
• An account opened years ago for a specific purpose

Individually, each of these pieces of your wealth may make perfect sense. Together, they can create a very different picture.

It’s not uncommon for us to sit down with a new clients and surprise them when they see how much of their wealth depends on one company or one industry once we put everything on the same page.

At LCM, we analyze every aspect of your complete financial picture—even the assets we don’t manage—so we can give guidance that helps you invest wisely, live abundantly, and give purposefully.

10/14/2026

What is “fair”?

At LCM, we’ve seen families spend a great deal of time working out how to divide assets equally, without talking about what those assets will ask of the people who inherit them.

One child might want to keep the family home, while another may live across the country and have no interest. One child may have helped care for an aging parent, while another has built their career growing the family business.

Equal shares on paper do not resolve those differences.

Whether you don’t have a plan for transferring your assets to your next generation—or you expect the one you have may need an update—we can help you think through the details, have the family conversations, and create an approach that’s truly fair in everyone’s eyes.

10/09/2026

When markets move sharply, we know our clients are seeing the same headlines we are. But they generally don’t need to call and ask whether we’re paying attention.

They know we are.

Our job is to understand what each part of a client’s portfolio is meant to accomplish before a difficult week arrives. Money needed soon is invested differently from money intended for the next generation. That gives us a basis for deciding when a market move calls for action and when it calls for patience.

We can’t prevent volatility. What we can do is make sure our clients have a plan—and that we’re watching and adjusting that plan as their needs and the opportunities change.

10/06/2026

The bond decision has changed!

Investors are used to viewing bonds as a stability tool. Today, they may also be an important income tool—especially for families whose portfolios need to support spending, future expenses, or both.

But a higher yield doesn’t make investment decisions any simpler. A longer-term bond can lock in income for more time, while its market value may move more sharply if rates rise. A shorter-term bond offers flexibility, but that income may need to be reinvested sooner.

The decision about when and how to invest in bonds is less about predicting the Fed’s next move than understanding what each client needs the money to do. The right mix depends on your income needs, investment horizon, and broader financial goals. Ready to chat about your options? We’re always here to help.

10/06/2026

Less than a year ago, Jenny was teaching math and science to middle school students. Today, she is part of our trading team at LCM.

After six years in the classroom, Jenny wanted to apply her love of numbers and her passion for helping others in a new setting. A conversation over dinner, a recommendation from two people who knew her well, and a first meeting with our team showed us what a strong fit she would be.

As an associate trader and research analyst, Jenny brings the skills of a great teacher: breaking down complex ideas, approaching problems from different angles, and building confidence in others. She believes, as we do, that this work is about people first, with numbers in service to them.

Please join us in welcoming Jenny to the LCM family. Read her story in our October newsletter. 📖

From helping students to helping our clients

10/01/2026

Every family has its own goals, challenges and definition of success.

Our job is to listen, connect the dots and help you make thoughtful decisions about your wealth, your family, and your giving—now and for the future.

Learn more about who we serve and if we may be the right choice for you.

Greater wealth goes hand-in-hand with a higher level of complexity. The scope of these larger portfolios requires diligent management of each asset, as well as a deep understanding of the role of each component within the total portfolio. Our clients value our insights and ability to inform wise dec...

09/28/2026

Market volatility gets plenty of media attention. It’s real and it can matter. But what matters most is how we respond to it.

Sometimes we decide that the right move is to make a change.
Often, it’s to remain patient.

The important thing is that the decision comes from analysis rather than emotion.

Volatility is uncomfortable, but it can also expose opportunities that aren’t available in calmer markets. Our process gives us the ability to recognize those moments—and the discipline to use them wisely.

Time, not timing

09/24/2026

We are very happy to announce Jenny Huynh as our new Investment Analyst.

Jenny came to us through a rather untraditional path. She spent the past six years teaching mathematics and science, helping students at the Orange County Academy of Sciences and Arts understand challenging subjects and thrive.

When we first met Jenny, what stood out to us was her curiosity, thoughtfulness, and ability to bring clarity to complex ideas—qualities that matter just as much in investment work as they do in the classroom. Her background in applied mathematics gives her a strong analytical foundation, but her experience as an educator brings something just as valuable: patience, perspective and a genuine interest in helping others understand.

We’re excited to have Jenny on our team, and we’re especially looking forward to seeing how she brings her own perspective to this next chapter of her career.

Please join us in welcoming Jenny to Leisure Capital!

09/22/2026

Investment returns never tell the entire story. What a family keeps after taxes matters more.

For 2026, the 0% long-term capital gains bracket extends to $98,900 of taxable income for married couples filing jointly and $49,450 for single filers. Those thresholds have risen with inflation. Meanwhile, the income thresholds for the 3.8% net investment income tax remain fixed at $250,000 and $200,000, respectively.

That disconnect makes tax-aware portfolio management increasingly important for higher-income families.

At LCM, we regularly reassess our portfolios through this lens. That can include evaluating when to realize gains, identifying opportunities for tax-loss harvesting, considering which investments belong in which types of accounts and coordinating decisions with a client’s tax professionals.

Taxes should never be the sole reason for an investment decision. But ignoring them can create a meaningful drag on the wealth your portfolio is intended to preserve.

09/18/2026

When children inherit wealth without understanding it, the family has transferred assets—but not necessarily the knowledge to manage them well.

Over the past 24 years working with affluent clients, we’ve seen that the most productive conversations about wealth almost always happen long before an inheritance actually arrives. Learning how the family built its wealth, what responsibilities come with it, and how the family thinks about investing, spending and giving is the key to preserving wealth for the future.

That doesn’t mean starting with a balance sheet or an estate plan. Instead, it might begin with a family story, a conversation about values, or involving a child in a simple, age-appropriate decision about investing or charitable giving. As the conversation continues, the next step is to join a planning meeting, learn how investments work, or look closely the family’s estate plan—together.

Financial education may be one of the most valuable assets a family can pass down. If you’re thinking about how to prepare the next generation, we’d be glad to help you start the conversation.

This isn’t just about starting conversations. It’s about creating an environment where those conversations can actually happen.