American Trust Wealth is now part of Ascensus.
Ascensus has completed its acquisition of American Trust Wealth. Read the official press release for details.
Stocks had their roughest week in months as the midterm elections and a deepening AI selloff hit the market’s leaders. Democrats won control of both the House and Senate. Stocks initially rallied Wednesday as oil prices fell on hopes for a diplomatic resolution with...
Concerns over AI spending resurfaced this week after Meta’s earnings report, weighing on the market’s largest companies. The S&P 500 slipped, leaving it about 2.5% below its early October record, and the Nasdaq also fell while the Dow edged higher. Smaller...
By Elizabeth Brown As a young wealth advisor, I’ve spent the last five years at American Trust Wealth building a career in financial planning and learning how to provide a valuable, long-term service to my clients. One goal I’ve been working toward over the last year...
Stocks declined last week as a technology-led selloff weighed on major U.S. indexes, with concerns about elevated valuations and the financing of artificial intelligence infrastructure contributing to investor caution. The S&P 500 fell 1.94%, the S&P MidCap...
Stocks advanced last week, led by large-cap companies, while smaller stocks struggled. The S&P 500 rose 1.17%, supported by strength in defensive sectors such as consumer staples and utilities, as investors favored companies with more resilient demand. Energy and...
By Mero Capo In 1970, when an oxygen tank ruptured aboard Apollo 13, NASA flight director Gene Kranz and his team in Houston didn't improvise from scratch. They fell back on something they had already built: a plan. Not a prediction of what would happen, but a...
Stocks were mixed last week, with growth outperforming value across all three capitalization segments. Markets initially came under pressure from elevated Treasury yields and concerns over inflation and energy prices, but a weaker-than-expected September jobs report...
Stocks looked past a surge in Treasury yields to multi-year highs last week, with large-cap growth leading the market higher. Gains were concentrated in large caps, as mid caps finished flat and small caps slipped. Growth beat value across all three size segments,...
US equities were choppy last week. AI-related stocks sold off early after several prominent industry executives called for a slowdown in development over safety concerns, before recovering to trade higher by Friday. Stocks also dropped sharply following the Federal...
By Mike Samford The concerns deserve serious attention We see the headlines, and we share the concerns behind them. Recent AI disclosures raise legitimate questions about control, cybersecurity, and the resilience of systems on which businesses, financial markets, and...