The Caldwell Trust Company Blog

In The Blink of An Eye…Life Changes

Posted by Susan H. Hines, J.D.


It is far too often that the first meeting we have with a family is after an unexpected tragedy. As we all know, life can change quickly. It can go from good to incredible or mediocre to horrible in seconds, and no one holds the crystal ball.

To make this all too vivid, here are 15 six-word captions that will take your breath away:

“The smallest coffins are the heaviest.”

“Brought roses home. Keys didn’t fit.”

“One bullet is a lifetime supply.”

“Mom taught me how to shave.”

“Introduced myself to mother again today.”

“I just saw my reflection blink.”

“An only son, a folded flag.”

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Topics: Trusts & Estate Planning

The Bucket Theory: Managing Freshman Year of College

Posted by Susan H. Hines, J.D.

The first year of college is often a child's first step into the adult world. With that step comes fun and freedom, but also a need for them to adopt responsibility over aspects of their life that up until now their parents took care of for them. There will no longer be someone managing their money, setting expectations, and reinforcing guidelines on a daily basis and sometimes this sudden change can send a freshman college student spinning out of control. To avoid this, a conversation regarding money and time management is a parent's first step. Although you will not be there every step of the way, you can still create guidelines for your child to follow even when they are miles from home. Read More
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Topics: Trusts & Estate Planning

The Cost of Carrying Debt: "Uncle Sam Needs a Refi"

Posted by Caldwell Trust


In a Review and Outlook column in the Opinion section of the Wall Street Journal, an unnamed author posits the idea of the US Treasury taking advantage of the low interest rate environment created by the US Federal Reserve and other Central Banks around the globe by refinancing its relatively short-term average maturity on its $14 Trillion in debt.

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Topics: Investments

What Is the Role of a Fiduciary?

Posted by Sandy Pepper

For those of us in the trust, investment management and retirement services business, we hear the word “fiduciary” on a daily basis. For many, it may sound like an important, formal word, but one which you may not be able to define. 

In its simplest term, a fiduciary is an individual or institution whom another has placed the utmost trust and confidence to manage and protect property and/or money. From the Latin word “fiducia”, meaning “trust” a fiduciary is held to the highest standard of conduct and trust. Generally, fiduciaries are trustees named to serve over assets held in a trust for a beneficiary. The fiduciary is held  to the highest standard to administer and invest those assets prudently as their primary duty is to the beneficiary(s) of the trust. 

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Topics: Trusts & Estate Planning

June Employment Report

Posted by Caldwell Trust

As you may have seen, the U.S. economy generated 287,000 jobs in June, the highest reading for the year and well above the consensus forecast of 175,000.  A welcome surprise, however, in May, the Department of Labor reported a gain of only 38,000 even after heavy downward revisions in prior months.  Yet the unofficial numbers (ADP, ISM and Challenger surveys) pointed to gains of about 157,000 in May…What gives?  Why the big miss in May and the huge gain in June?  We can only speculate.  And we note that May’s report was the worst May since the end of the Great Recession and June’s report was close to being tied for the best, see chart below courtesy of Don Luskin at TrendMacro.

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Topics: Investments

Celebrating Our Great Country

Posted by Kelly Caldwell

During trying times, it is often easier to get distracted by the bad than it is to celebrate the good. As we all head into this July 4th weekend, we thought you might enjoy two quotes which remind us why we celebrate the birth of this great country.

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Topics: Caldwell Cares

Bremain Turns into Brexit: Keep Calm and Carry On

Posted by Caldwell Trust

Global stock markets and London Bookies had predicted a remain vote in the days leading up to the UK’s referendum on remaining in the European Union. As the results came in, late into the evening, New York time, the Brexit vote gained traction and won. As Australian and Asian markets opened, they began to trade sharply lower on the surprise news. This then spilled over into European markets as they opened and US futures. So, now what?

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Topics: Investments

The Big Three: The Dollar, Oil, and the Fed

Posted by Caldwell Trust

With a bumpy start to the year in stocks and a nice rally off the February 11 bottom, we are in and around the highs for the year in stocks. As the summer months approach, and with the seasonally weak periods in stocks, we turn our attention to what we call “The Big Three”: the Dollar, Oil and the Fed.

As we have mentioned in the past on these pages, the U.S. Dollar remains and will remain the world’s major reserve currency for the foreseeable future for a number of reasons. As a quick refresher, they are as follows: the vast majority of global trade happens in USD, approximately 64 percent of official foreign exchange reserves are in the currency, commodities such as oil and gold trade in USD and there is a military to back it up. Since oil among other commodities trades in U.S. dollars, we in the investment department need to be tuned in to the relationship between oil and the dollar AND the relationship between the dollar and the entity that controls the supply and demand for the currency, the Fed.

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Topics: Investment Letter

Caldwell Trust Company hires seven new employees; 65% staff increase since 2011 reflects company’s continuing growth

Posted by Sheryl Vieira

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Topics: Corporate

The Role of a Fiduciary...What You Need to Know

Posted by Sandy Pepper

For those of us in the trust, investment management and retirement services business, we hear the word "fiduciary" on a daily basis. For many, it sounds like an important, formal word, but one which you may not be able to define. 

In its simplest term, a fiduciary is an individual or institution whom another has placed the utmost trust and confidence to manage and protect property and/or money. From the Latin word "fiducia", meaning "trust" a fiduciary is held to the highest standard of conduct and trust. Generally, fiduciaries are trustees named to serve over assets held in a trust for a beneficiary. The fiduciary is held to the highest standard to administer and invest those assets prudently as their primary duty is to the beneficiary(s) of the trust.

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Topics: Trusts & Estate Planning

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