Latest news with #CerityPartners
CNBC
30-07-2025
- Business
- CNBC
Trade Tracker: Jim Lebenthal sells Visa
Jim Lebenthal, Chief Equity Strategist at Cerity Partners, joins CNBC's "Halftime Report" to explain why he's selling Visa at these levels. The Investment Committee debate the move.
Yahoo
23-07-2025
- Business
- Yahoo
Analyst Says He's Going to ‘Sleep Like a Baby' After Trimming Oracle (ORCL) Position
Oracle Corp (NYSE:ORCL) is one of the . Jim Lebenthal, partner at Cerity Partners, explained in a recent program on CNBC why he's trimming his position in Oracle Corp (NYSE:ORCL). 'I've been in the stock 2 and a half years. I'm up 150%. It's become a very big position. I'm trimming the stock. I'm going to sleep like a baby tonight trimming the stock. I'm still going to own shares. However, we're entering earnings season. We all know that in earnings season something gets stupidly dislocated. I have been fully invested. I need to have some dry powder. If I want to buy low, I have to sell high. That's the name of the game.' Lebenthal, however, insisted that he's not 'hating on' Oracle Corp (NYSE:ORCL). He said he first bought the stock when it was around $86. For fiscal 2026, Oracle expects strong cloud growth amid rising AI datacenter demand. The company is spending heavily in Cloud infrastructure. The stock has gained about 68% over the past year and its P/E is now above 50. As most of its revenue now comes from cloud services, any slowdown in AI momentum could weigh on growth and margins. Photo by Science in HD on Unsplash Mar Vista U.S. Quality Strategy stated the following regarding Oracle Corporation (NYSE:ORCL) in its second quarter 2025 investor letter: 'Oracle Corporation (NYSE:ORCL) shares rebounded from the pressure experienced in calendar Q1 2025, as concerns about tariffs impacting IT budgets proved to be overstated. The company reported a strong fiscal Q4 2025 (May quarter), driven by robust demand for its hyperscale cloud offering, OCI Gen 2, which supports large language models. While we acknowledge the potential of ORCL as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey.
CBS News
21-07-2025
- Business
- CBS News
Cerity Partners Unifies Financial Services, Delivering Smarter Wealth Management
This content was provided by Acumen Media for Cerity Partners. This advertiser content was paid for and created by Acumen. Neither CBS News nor CBS News Brand Studio, the brand marketing arm of CBS News, were involved in the creation of this content. By combining independent advice with a full spectrum of wealth management services, Cerity Partners is helping clients turn complexity into opportunity. Under the leadership of partner, president and CEO Kurt Miscinski, Cerity Partners is tackling a longstanding challenge in the industry: how to provide truly comprehensive and coordinated financial guidance to a wide range of clients—from high-net-worth individuals and families to corporations and nonprofit organizations—with a level of alignment, objectivity and service integration that sets them apart from many traditional wealth management firms. "We exist to enhance the financial well-being of our clients, our colleagues and our communities," said Miscinski. "That requires more than just financial expertise; it requires long-term vision." Instead of the fragmented approach many clients endure, often involving several disconnected service providers, Cerity Partners offers a unified team that collaborates on almost every aspect of a client's financial life. For individuals and families, the firm's service model covers investment management, retirement planning, estate and gift planning, tax planning and preparation, and insurance and risk management. The firm also provides a full complement of services for corporations, including corporate venture capital solutions, retirement plan consulting, financial planning benefits for employees and change management support. Cerity Partners has an outsourced chief investment officer (OCIO) practice providing premier institutions with effective fiduciary oversight and investment expertise. This broad and integrated offering, commitment to fiduciary standards, as the Cerity Partners name was inspired by the word "sincerity" and exceptional personalized service have gained the attention and respect of some of the industry's most discerning and knowledgeable people. According to a 2024 Lippincott brand survey, Cerity Partners boasts an almost unheard-of Net Promoter Score (NPS) of 72 among its high-net-worth clients. The firm has capitalized on its recipe for success, growing to $124 billion in assets under management (AUM) as of May 2025 through organic development and strategic mergers, enabling it to scale and expand its range of financial services and specialists without losing its client-centric approach. "We've been building a firm that will endure the test of time, a firm that's not only strong today but one that's built for future generations," Miscinski said. Central to that strategy is the firm's investment in people and tools. Through Cerity Partners University, advisors receive ongoing training, while colleagues are equipped with advanced technology to serve clients better. "Every day I wake up excited by the work we do, the colleagues I collaborate with and the impact we make," said Claire O'Keefe, a partner at the firm. That steadfast commitment to impact is key to Miscinski's vision for Cerity Partners' future. In an industry often driven by quarterly results, the CEO is building a 100-year firm by hewing closely to its mission. "Ultimately, we're here to empower clients to live with greater clarity, confidence and purpose," he said. "Together, we're building something enduring."
Yahoo
19-07-2025
- Business
- Yahoo
Why Etsy (ETSY) Stock Is Trading Up Today
What Happened? Shares of online marketplace Etsy (NASDAQ:ETSY) jumped 3.1% in the morning session after the company's latest 13F filing revealed a significant increase in ownership by an institutional investor. Cerity Partners LLC boosted its stake in the specialty e-commerce retailer by over 211%, purchasing an additional 64,279 shares during the first quarter, according to a filing with the Securities and Exchange Commission made public today. This purchase brought the firm's total holdings to 94,691 shares, valued at approximately $4.47 million. Such a substantial increase in a position by an institutional investor was seen as a vote of confidence in the company's future prospects, despite recent headwinds from a competitive e-commerce landscape and pressures on consumer discretionary spending., The move came even as analysts held a mixed "Hold" consensus rating on the stock. After the initial pop the shares cooled down to $59.17, up 2% from previous close. Is now the time to buy Etsy? Access our full analysis report here, it's free. What Is The Market Telling Us Etsy's shares are quite volatile and have had 18 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business. The biggest move we wrote about over the last year was 9 months ago when the stock gained 11.8% on the news that the company reported impressive third-quarter earnings, which beat analysts' revenue, EBITDA, and EPS expectations. The result highlighted the ability to balance growth and profitability despite the observed pressure on Etsy marketplace year-over-year GMS (gross marchandise sales),. Overall, this was a good quarter. Etsy is up 11.4% since the beginning of the year, but at $59.17 per share, it is still trading 9.2% below its 52-week high of $65.14 from July 2024. Investors who bought $1,000 worth of Etsy's shares 5 years ago would now be looking at an investment worth $554.60. Unless you've been living under a rock, it should be obvious by now that generative AI is going to have a huge impact on how large corporations do business. While Nvidia and AMD are trading close to all-time highs, we prefer a lesser-known (but still profitable) semiconductor stock benefiting from the rise of AI. Click here to access our free report on our favorite semiconductor growth story.
Associated Press
14-07-2025
- Business
- Associated Press
Cerity Partners launches documentary on CBS
The firm's comprehensive, independent approach offers smarter wealth management for individuals, families, businesses, and nonprofits. 'Instead of handing clients off to separate specialists, we bring all the pieces of their financial lives together under one roof'— Kathryn Kennedy, a Partner at the firm NEW YORK CITY, NY, UNITED STATES, July 14, 2025 / / -- Cerity Partners, one of the nation's leading independent wealth management firms, has released a new brand video spotlighting its mission: to simplify and unify every aspect of clients' financial lives. The video highlights the firm's commitment to providing wealth management beyond investments, including coordinated guidance across tax, estate, insurance, retirement, and business planning through a personalized, advisor-led approach. As Kurt Miscinski, Partner, President & CEO of Cerity Partners explains in the video, 'Our clients are on a financial journey, and it's our job to support them every step of the way. We've been building a firm that will stand the test of time—one that serves today's clients and generations to come.' Founded in 2009, Cerity Partners has grown to manage $124 billion in client assets as of May 2025. The firm's rapid growth has been driven by a commitment to service excellence, fiduciary standards, and deep investment in both talent and technology, including Cerity Partners University, an internal training platform that equips colleagues to better serve clients. 'What we do here at Cerity Partners is really bring it all together. Instead of handing clients off to separate specialists, we bring all the pieces of their financial lives together under one roof,' said Kathryn Kennedy, a Partner at the firm. 'That integration allows us to better understand their goals and provide guidance that's aligned, thoughtful, and meaningful.' This long-term, integrated approach reflects Miscinski's broader vision for Cerity Partners: to build a firm with the stability, scale, and values to support clients and their legacies. 'Ultimately, we're here to empower clients to live with greater clarity, confidence, and purpose,' he said. 'Together, we're building something lasting.' Watch the Campaign Live on CBS here. About Cerity Partners Founded in 2009, Cerity Partners is a nationally recognized full-service wealth management firm serving high-net-worth individuals and their families, businesses and their leadership teams, and nonprofit organizations. Visit to learn more. Claudia Gahan Acumen Media +44 20 3553 3664 email us here Legal Disclaimer: EIN Presswire provides this news content 'as is' without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
