Saxe Capital

Saxe Capital Comprehensive Wealth Management for affluent families, executives, attorneys & small to mid-size bus

The financial consultants of Saxe Capital are registered representatives with, and securities offered through LPL Financial, Member FINRA/SIPC. .www.finra.org, www.sipc.org. Investment advice offered through Mariner Independent Advisor Network, a registered investment advisor. Mariner Independent Advisor Network and Saxe Capital are separate entities from LPL Financial. The financial professionals

associated with LPL Financial may discuss and/or transact business only with residents of the states in which they are properly registered or licensed. No offers may be made or accepted from any resident of any other state. Third party posts found on this profile do not reflect the views of LPL Financial and have not been reviewed by LPL Financial as to accuracy or completeness.

06/02/2026

Everyone is talking about the SpaceX IPO.

Almost no one is reading the S-1.

I did. Here's what the headlines are missing.

SpaceX isn't going public as a rocket company.

It's going public as a vertically integrated AI infrastructure company that happens to own the cheapest rockets on Earth and a satellite network already in orbit.

That changes the valuation conversation entirely.

But buried in that same S-1 are risks every serious investor needs to read before getting swept up in the excitement.

Two of them jumped out immediately.

First: approximately 20% of 2025 revenue came from the U.S. government. One policy shift changes the math.

Second: the S-1 explicitly flags potential conflicts of interest between SpaceX and other entities owned by or affiliated with Elon Musk.

And then there's a third disclosure.

The biggest one.

The one that made me put the document down and read it again.

One of our research partners, LPL Financial published a insightful breakdown on the IPO — what SpaceX actually is, what it's building, and what the fine print actually says.

Comment SpaceX and I'll send you the link.

05/31/2026

LPL Research provides Q1 2026 insights from the LPL Financial Coverage List to pinpoint where large cap equity managers are leaning into opportunity and risk.

05/27/2026

Two business owners. Same revenue. Same industry. Same years in business.

Owner A set every goal around personal outcomes. Revenue milestones. Lifestyle upgrades. Net worth targets. For years, it worked. Every win felt earned. Every milestone felt real. But over time, the goals stopped pulling. The rewards felt flat. The hard days felt harder to justify.

Owner B started the same way. Same personal goals. Same early drive. But somewhere along the way, something shifted. An employee expressed genuine gratitude. A client shared how the business had made a difference for their family. Owner B started building around that.

Same business. Same numbers. A different source of motivation.

For some business owners, goals tied to personal outcomes can lose their pull over time. When the milestones are met or the rewards become routine, the drive that once felt strong may begin to fade.

For others, connecting the work to a broader sense of purpose, whether that is the team, the clients, or the impact on a community, can provide a more durable source of motivation.

This is not a guaranteed formula. Many factors influence whether a business owner stays energized over the long term, including health, relationships, market conditions, and personal circumstances. And there is nothing wrong with personal goals. They are often what get things started.

But it may be worth asking whether the goals that launched the business are still the right ones to sustain it.

In this hypothetical, Owner A is thinking about selling, not because the business is struggling, but because the motivation has faded. Owner B is planning for the next decade.

The difference may not be talent, strategy, or revenue. It may be the motivation behind the goals.

Which scenario sounds more familiar to you right now?



This post is for general educational purposes only. The scenarios described are hypothetical and for illustrative purposes only. They do not represent any actual individuals or clients. Individual experiences vary. Consult your own advisors before making decisions.

05/24/2026

LPL Research’s Garrett Fish, Head of Model Portfolio Management, shared takeaways investors should be considering this tax season as they position themselves to build long-term wealth.

Here's a pattern that comes up often with business owners managing significant wealth.They have a CPA they trust. An att...
05/21/2026

Here's a pattern that comes up often with business owners managing significant wealth.

They have a CPA they trust. An attorney who has been with them for years. A skilled wealth manager handling investments. On paper, the team looks strong.

But when someone asks how the tax strategy connects to the estate plan, the conversation tends to stall. Not because anyone is doing a bad job. Because no one was asked to connect those pieces.

Here is how it often plays out.

The CPA files taxes based on structures the attorney set up years ago, without revisiting whether those structures still serve the current plan. The attorney drafts documents without full visibility into how the investment portfolio is positioned or what liquidity events may be ahead. The wealth manager builds an allocation without a clear picture of the tax implications tied to the estate structure.

Three strong professionals. Three separate lanes. Coordination that may not be clearly assigned to anyone.

This is not a failure of talent. It may be a gap in structure. A traditional advisory approach may not always account for the coordination needs that come with significant financial complexity.

A family office-style framework is one approach designed to address this. The goal is to create a layer of connection between advisors so that decisions across disciplines inform one another. It does not replace any advisor and it does not guarantee a particular outcome. But it may help reduce the gaps that tend to appear when planning happens in silos.

This pattern is more common than many people realize. If it sounds familiar, it may be worth exploring whether a coordination structure could strengthen your overall strategy.

What is the one question you would ask your team to test alignment?



This post is for general educational purposes only and does not constitute investment, tax, or legal advice. Individual circumstances vary. Consult your own advisors before making decisions.

05/17/2026

LPL Research highlights how market volatility has improved valuations and why resilient earnings and fundamentals are creating long‑term investment opportunities.

How can you tell if your advisors are coordinating or just coexisting?Most business owners work with a CPA, an attorney,...
05/14/2026

How can you tell if your advisors are coordinating or just coexisting?

Most business owners work with a CPA, an attorney, and a wealth manager. That sounds like a strong team. But having good advisors and having aligned advisors are two different things.

Here are a few questions that may be worth exploring with your team.

Ask your CPA how your estate plan interacts with your current tax strategy. Ask your attorney how your investment allocation relates to your trust structure. Ask your wealth manager how a future business sale might affect the broader financial picture beyond just reinvesting proceeds.

These are not trick questions, and there are no wrong answers. But the responses may reveal how much visibility each advisor has into the other areas of your financial life. In many cases, each professional is focused on their own discipline, and that is exactly what you hired them to do. The question is whether anyone is looking at how those disciplines connect.

In a traditional advisory structure, that coordination role may not be clearly assigned to anyone. Each advisor is trained to optimize within their area. Tax compliance. Legal protection. Portfolio returns. The connections between them often fall to the client to manage.

A family office-style framework is one approach designed to address this. The goal is to create a layer of coordination where tax planning, estate strategy, investment management, and liquidity events are considered together rather than in isolation.

This kind of structure is not necessary for everyone. The right approach depends on the complexity of your financial life and how many moving pieces are involved. But for families where multiple disciplines intersect, having a coordination framework may help reduce the chance that important connections are overlooked.

The goal is not to replace your advisors. It is to consider whether a structure connecting their work could strengthen the overall strategy.

What is the first question you would ask your team to test alignment?



This post is for general educational purposes only and does not constitute investment, tax, or legal advice.

05/10/2026

In the latest episode of the Econ Market Minute, LPL's Chief Economist, Dr. Jeffrey J. Roach, gives you a few key factors to consider during periods of uncertainty in the market.

A business owner sells for $20M. Here's where the coordination gap costs real money.Consider this hypothetical. A busine...
05/09/2026

A business owner sells for $20M. Here's where the coordination gap costs real money.

Consider this hypothetical. A business owner completes a $20M sale. Three advisors are involved: a CPA, an attorney, and a wealth manager. Each does good work within their area of focus.

But here is what can happen when those workstreams are not connected.

The CPA files based on the sale structure as presented. Depending on the specifics, a different structure may have offered more favorable tax treatment. Without coordination, those alternatives may never be explored.

The estate plan, drafted years earlier, may not reflect the new asset base. In some cases, an outdated plan can leave significant estate tax exposure unaddressed.

The investment allocation may not account for liquidity needs tied to the estate plan or other ongoing obligations.

None of this means any advisor made a mistake. It means that when tax strategy, estate design, and investment positioning operate independently, there is a greater chance that opportunities are missed. In a transaction of this size, the potential impact can be meaningful.

A coordination framework is designed to connect these disciplines so each decision is informed by the others. It does not guarantee a particular outcome, but it may help reduce the gaps that appear when planning happens in silos.

If you are approaching or have recently completed a business exit, it may be worth asking whether your advisors are working together or just working at the same time.

What is one area where better coordination could have changed the outcome of a transition you have been part of?



This post is for general educational purposes only and does not constitute investment, tax, or legal advice. Consult your own advisors before making financial decisions.

Having great advisors might be the reason your wealth plan is lacking.This may sound counterintuitive, but having strong...
05/07/2026

Having great advisors might be the reason your wealth plan is lacking.

This may sound counterintuitive, but having strong advisors does not always mean your overall wealth strategy is well coordinated.

When you work with a skilled CPA, a capable attorney, and an experienced wealth manager, you trust each of them. And for good reason. They are each doing excellent work in their area of focus.

But working with strong advisors independently can still leave gaps in how their recommendations connect.

Your CPA may be focused on tax compliance. Your attorney on legal structures. Your wealth manager on portfolio performance. Each one delivers within their discipline and may reasonably assume someone else is looking at how the pieces fit together.

In some cases, that coordination role is not clearly assigned to anyone.

These connections matter. Tax strategy can shape estate design. Estate structures may influence investment allocation. Liquidity events can shift risk positioning across multiple areas at once.

When no one is responsible for the coordination layer, even strong individual advice may leave gaps. Not because any advisor made a mistake, but because the structure was not designed to connect their work.

No coordination framework eliminates all risk or guarantees a better outcome. But for families with complex financial lives, adding a layer of integration across disciplines may help reduce the chance that important connections are missed.

The goal is not to replace your advisors. It is to consider whether a framework connecting their work could strengthen the overall strategy.

What is one area of your financial life where you wish your advisors communicated more?



This post is for general educational purposes only and does not constitute investment, tax, or legal advice. Individual circumstances vary. Consult your own advisors before making decisions.

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