Blog

Read our latest thoughts on Estate Planning, Trust Services and Mutual Funds.

Dunham Deep Dive 12/12/2025

Real Rates Still Bite, China’s $1T Surplus Grows, and Governments Risk a Short-Term Debt Trap

Real rates are still too tight, China’s $1T surplus floods global markets, and governments face rising rollover risks as short-term debt piles up. READ MORE

Crypto 12/10/2025

Understanding Cryptocurrency Value: Why Bitcoin, Ethereum, and Solana Function as Financial Infrastructure - Not Just “Digital Coins”

Why Bitcoin, Ethereum, and Solana may function as digital financial infrastructure rather than simple ‘coins,’ and how their networks derive potent... READ MORE

Dunham Deep Dive 12/5/2025

AI’s Power Crunch, China’s Data Blackout, and Japan’s $135B Stimulus Gamble

AI is pushing electricity prices up, China is pulling housing data offline, and Japan’s stimulus raises market risks. READ MORE

Crypto 12/2/2025

Crypto Tax Loss Harvesting: How the Wash Sale Exception Can Reduce Capital Gains in 2025

Crypto tax loss harvesting remains a major 2025 opportunity as the wash sale rule doesn’t apply to digital assets. Here’s how advisors can use it. READ MORE

Dunham Deep Dive 11/28/2025

Real Retail Sales Stagnate, Turkey Supplies Tighten, and the Middle Class Gets Squeezed

Real retail sales are stagnating, turkey supplies are tightening, and the middle class is being squeezed—revealing deeper stresses in the U.S. econ... READ MORE

Retirement 11/25/2025

The Student Loan Trap That’s Stealing Retirement: Why Debt Is Following Americans Into Their Golden Years

Student loan debt is soaring among older Americans, with 60+ borrowers owing $147B. Learn why loans now follow people into retirement and how to ma... READ MORE

Dunham Deep Dive 11/21/2025

AI’s Depreciation Trap, Extreme Fear on Wall Street, and the Great Housing Cool-Down

AI’s depreciation trap, extreme market fear as liquidity shifts, and a broad U.S. housing slowdown as prices and affordability fall. READ MORE

Trust 11/18/2025

How First and Third-Party Special Needs Trusts Protect Benefits and Families

Discover how first- and third-party special needs trusts safeguard government benefits while improving quality of life. Learn the key differences, ... READ MORE

Macro 11/14/2025

The Treasury’s Liquidity Flood, CEO Euphoria, and a $142 Trillion Inflation Surge

The Treasury’s cash pile near $950 billion is about to gush back into markets, flooding the system with liquidity. As CEOs sound their most optimis... READ MORE

Financial Advisor 11/11/2025

Succession Planning: Passing Your Advisory Practice to the Next Generation

Succession planning isn’t just about retirement — it’s about legacy. With trillions in assets set to change hands, advisors must plan early, choose... READ MORE

Macro 11/7/2025

Bank Stress Builds, Housing Locks Out a Generation, and Jobs Freeze Up

The Fed quietly injected $125B into banks as liquidity strains deepen, housing locks out a generation of buyers, and layoffs surge to 20-year highs... READ MORE

CRT 11/4/2025

The Last Full Year to Maximize Charitable Deductions — Why Advisors Should Act Before the 2026 OBBBA Changes

2025 is the last full year to maximize charitable deductions before new OBBBA rules take effect. Learn how a CRT–DAF strategy can help clients elim... READ MORE

Macro 10/31/2025

Is the AI Bubble Primed To Burst? These Three Things Show Trouble Ahead

AI’s rise has sparked record spending, soaring valuations, and global shortages—but history shows every boom plants the seeds of its own decline. F... READ MORE

Behavioral Finance 10/28/2025

10 Behavioral Biases Every Financial Advisor Should Know

Clients don't often fail because of bad planning — they fail because of emotion. From loss aversion to recency bias, these 10 behavioral pitfalls s... READ MORE

10/24/2025

Unprofitable Stocks Surge, States Slip Into Recession, and Money Velocity Falls

Unprofitable stocks are soaring as investors bet on Fed rate cuts, liquidity lifts riskier names, and half of America quietly slips toward recessio... READ MORE

Commentary 10/21/2025

Ken Griffin, Ray Dalio & Jamie Dimon on Markets, Inflation, and AI

Ken Griffin, Ray Dalio, and Jamie Dimon share candid insights on markets, inflation, and the rise of AI. From persistent inflation and fiscal strai... READ MORE

Macro 10/17/2025

China vs. the E.U.: The Trade War Nobody Is Talking About (Yet)

China’s export surge to Europe is fueling new tariffs, trade probes, and rising tensions. With the E.U.’s deficit topping €300 billion, Brussels is... READ MORE

Quarterly Pulse 10/16/2025

The Q3 2025 Dunham Quarterly Pulse: Trends, Risks & Strategies

The Q3 2025 Dunham Quarterly Pulse explores how declining policy uncertainty, global rate cuts, and record household wealth are shaping markets. Di... READ MORE

Taxes 10/15/2025

2026 IRS Inflation Adjustments: Key Tax Bracket, Deduction, and Credit Changes Advisors Should Know

The IRS has released its 2026 inflation adjustments under Revenue Procedure 2025-32, revising over 60 tax provisions. See how new tax brackets, ded... READ MORE

Dunham Deep Dive 10/10/2025

Fake Loan Collateral, Tightening Liquidity, and Gold’s Comeback

From fake collateral scandals to tightening bank liquidity and gold’s resurgence in global reserves, the financial system is shifting beneath the s... READ MORE