Welcome to Joel Isaacson & Co.

Joel Isaacson & Co. LLC is a leading independent wealth management firm in New York City—with the knowledge and resources to plan for our clients’ needs. For over 20 years, we have been providing comprehensive fee-only wealth management services to our clients. Our independence means that our focus is clearly on our clients’ best interests. We are not attached to any big institutional firms and we maintain our objectivity at all times to provide our clients with our best possible advice to help them achieve their personal and business goals.

Our difference: A unique combination of sophisticated planning, investment management and highly integrated tax strategies set Joel Isaacson & Co. apart from our competition.

The benefits to our clients are clear: We provide long-term, innovative wealth management and truly individualized personal service, year after year, from generation to generation.

Joel Isaacson & Co. is registered as an investment adviser with the Securities and Exchange Commission.

Joel Isaacson & Co., LLC Named to Forbes Top 50 Wealth Managers
Forbes, citing the continued growth of the RIA market segment, has named Joel Isaacson & Co., LLC to it Top 50 list. Read More

 

 

Isaacson Update & Special Reports

First Quarter Update

Our client portfolios benefited from diversification as a wide range of asset classes had positive returns for the quarter. Notably, international stocks (+4.9%) led U.S. stocks (+1.0), even with currency movements eating into foreign returns for U.S. dollar-based investors. The “growth” style of investing outperformed the “value” style of investing across large, mid and small cap sectors during the quarter. The bond market was also positive as yields declined over the quarter.

The U.S. economy appears to be in pretty good shape overall. The Federal Reserve has hinted that it could begin rate hikes later this year, while also making it clear this decision is highly data dependent on a month to month basis. The employment picture has vastly improved since the recession, and economic growth has been modestly positive. However, the strong dollar has hurt export growth, and U.S. consumer spending hasn’t shown material improvement amidst persistently sluggish wage growth. Inflation is still very low, and the decline in oil prices has added downward pressure, at least temporarily. At the other end of the policy spectrum, the European Central Bank launched quantitative easing (bond buying) during the quarter in an effort to boost Europe’s sluggish economy. With the Bank of Japan and the People’s Bank of China also undertaking stimulus efforts, there is no shortage of central bank support for global financial markets.

On a personal note, after a harsh winter in the Northeast we hope everyone gets to enjoy a wonderful spring. As always, we appreciate your confidence and welcome questions about your individual situation.