Rearview Mirror | May 10, 2023
The Federal Reserve (“Fed”) has a dual mandate for maximum employment and price stability. It seeks to achieve these goals through monetary policy by controlling short-term interest rates and money …
Our principals' experienced, complementary backgrounds allow us to provide relevant counsel on a broad range of financial issues. As an employee-owned company with no products, Lyell offers objective, open-platform advice and investment solutions. Lyell anticipates and reacts to our clients' needs on their timeframes. We prioritize client communication and access. Lyell advises on every element of our clients' financial lives. Investment management. Tax planning. Trusts and Estate. Retirement. Company Stock. Name a financial issue, and we can help. Lyell is deeply committed to and involved with a wide range of local and charitable causes. We dedicate time and funding support to these worthwhile non-profit activities.
Lyell Wealth Management is an independent wealth management firm headquartered in Menlo Park, CA. We specialize in extensive financial planning and customized investment management for individuals, families and select non-profits.
We work in a collaborative environment which delivers to our clients the collective knowledge, expertise and insights of the Firm’s professionals.
Customized, tax-efficient investing that incorporates our clients’ specific financial issues and objectives.
Expertise to proactively analyze and recommend strategies to optimize clients’ income tax situation.
Help clients diversify concentrated equity positions by incorporating taxes, price, and the relevant time frame within the context of overall asset allocation.
Advise on estate multi-generational and/or charitable issues to ensure clients’ desired objectives are achieved.
In-depth tools and experienced guidance to help clients towards desired outcomes, such as financial independence, asset protection and generational wealth transfer.
With over 140 years of collective experience, we have seen most situations before. The alternative of depending on Google searches for advice is not a winning strategy.
Lyell Wealth is an active manager seeking long-term capital gains and income for our clients across different asset classes. Asset allocation is customized based on the client’s circumstances as well as economic conditions and relative market valuations.
Lyell Wealth has a formal investment process whereby our Investment Committee determines which asset classes are attractive (or not) and which securities might be in client portfolios. The Investment Committee meets formally at least once weekly, but our research and dialogue around investing is continuous.
Lyell Wealth invests based on themes. A theme can lead us to an individual company, a particular sector, an asset class or a specific market. Investing in individual companies is preferred, as it eliminates a layer of fees. Many clients have sufficient wealth that Lyell can achieve diversification through investments in individual securities, and so individual securities often comprise a meaningful part of client portfolios. However, clients of all sizes may have funds or outside managers, when warranted, such as when market access, strategies, diversification or expertise justify the expense.
Taxes are a critical component of long-term returns. Individual security investing is tax-efficient through the ability to control the timing of capital gains as well as tax-loss harvesting. Lyell proactively considers how certain investments fit within a client’s taxable and tax-deferred accounts (i.e. a higher dividend paying stock may be in an IRA, while a non-dividend stock is in the taxable account)
The Federal Reserve (“Fed”) has a dual mandate for maximum employment and price stability. It seeks to achieve these goals through monetary policy by controlling short-term interest rates and money …
COVID and its economic dislocations, government policy responses, and their after-effects continue to materially alter the global landscape. While Lyell Wealth Management sees some pre-existing investment themes as enduring, such …
Lyell Wealth Management invests substantial resources in proprietary research in order to distinguish real economic and market data from the narratives pushed by the sensationalist financial media. We periodically publish …
We are now eight months into the Federal Reserve’s most aggressive financial tightening campaign in decades. While the first policy hikes took place in March 2022, financial markets have been …
Mt. Lyell is the highest mountain in Yosemite and can only be reached with considerable energy and sacrifice. Lyell’s ice field, whose foundation is a glacier, represents the subtle juxtaposition of stability and change. The peak is named after Sir Charles Lyell, a geologist and significant contributor to Charles Darwin’s theories on evolution, including that the Earth was shaped by the same processes still in operation today.
Lyell is an apt name for our Firm. Achieving financial independence requires patience, determination and stamina. And it requires a guide that can help every step of the way as life, needs and objectives evolve. Lyell provides financial counsel and proactive investment management, so our clients can climb as far and as high as they aspire.