F.L.Putnam Investment Management Company

Please join us in welcoming our newest team members in Mashpee, MA and Charleston, SC. This four-person team brings decades of financial planning experience, especially with retirees and women, and adds a new office for us on Cape Cod. We look forward to great things David, Keyana, Therese, and Nicole!

Small-capitalization US equities sharply outperformed during the month of July. The S&P SmallCap 600 Index appreciated 10.8%, while the S&P 500 Index appreciated only 1.2%. Will the rally continue? Our Chief Market Strategist and Portfolio Manager Ellen Hazen, CFA discusses this and more in her monthly #markets report. https://bit.ly/4ddPGOm

Atrato Consulting’s Managing Director of Investment Manager Research Michael Boensch recently sat down with FundFire Alts to talk about advisor interest in the #REIT market. According to Mike, while there are some new non-traded REITs in the market, there isn’t a lot of urgency to allocate to core real estate right now given the expansion of the semi-liquid market and the increase of private equity and infrastructure products.

We are pleased to introduce our new team members in Amherst, NY and South Florida. Led by Arbor Capital Management founders Lawrence McGowan and Gerald Cole, this seven-person team brings deep investment management experience having served the financial needs of high-net-worth individuals, family businesses, and institutions since 1995. Please join us in welcoming Larry, Jerry, Magda, Daniel, Leo, Kathleen and Sandra to the F.L.Putnam team.

The aerospace sector has been a growing area of interest for #familyoffices. Our Managing Director of Family Office Solutions Stephanie Bruckner discusses why firms are attracted to the industry with Marcus Baram at Crain Currency. https://ow.ly/eU1650SMqEp Disclosures: https://ow.ly/pVHw50SMqEr

We are thrilled to announce that F.L.Putnam has expanded its East Coast footprint with the acquisitions of Arbor Capital Mgmt Corp. (Amherst, NY), Four Ponds Financial Planning (Mashpee, MA) and Ascension Asset Mgmt (New York, NY). These three #RIAs deepen our financial planning and investment management capabilities and add more than $1.25 billion in assets under management, 450+ clients, 10 advisors and 2 new offices in Western New York and Cape Cod. Commenting on the acquisitions CEO Tom Manning said, “F.L.Putnam has become an attractive destination for successful RIAs to accelerate their growth and scale their businesses as we can add complementary services and solutions they don’t currently offer today. Larry, Jerry, David, and Gren have built solid businesses with strong reputations in their respective markets. We are excited to have them join our growing team and look forward to investing further in the local markets in which they operate.” Read the announcement: https://bit.ly/46jBaSs

F.L.Putnam is proud to have been recognized for the eighth consecutive year as a top #RIA by Financial Advisor Magazine. The 2024 list ranks independent registered investment advisors by year-end assets as of 12/31/23. The firm was also featured on Financial Advisor Magazine’s Top 50 Fastest-Growing Firms list, which ranks independent registered investment advisors with more than $500 million in AUM by % growth in assets from 2022-2023. View the full rankings here: https://bit.ly/3Wy231I

Every quarter F.L.Putnam’s investment team looks across the public and private market landscape to identify the latest trends and opportunities. Explore our latest market outlook here: https://bit.ly/3y0EtBt

Last month F.L.Putnam employees from around the country gathered in Massachusetts for a company offsite to celebrate our 40th anniversary. We had the opportunity to connect with our colleagues near and far, participate in some competitive sports, and much more. Thank you to our Toastmasters team for capturing some of the key moments.

Last month Kristen Madden, Managing Director of New Hampshire, had the pleasure of presenting the firm’s annual scholarship to a senior at Kingswood Regional High School in Wolfeboro. Students are judged on a variety of criteria including grades, leadership, volunteerism, demonstrated interest in finance, cover letter and letter of recommendation. This year’s recipient was David Lehmann, an active member of the Kingswood student counsel and Young Investors Society, who will be attending Indiana University this fall. We had the pleasure of having David work in our New Hampshire office this year as part of Kingswood’s work based learning program which is a fantastic opportunity for high school students to prep for college and beyond. #futurefinancialplanner