Market commentary, The revival of positive convexity and attractive yields across both rate and spread product had the power to generate positive returns in a six month period in which interest rates were extremely volatile and with a yield curve that remains deeply inverted Read more

Market commentary Investors entered the second quarter of 2024 with uncertainty about yields and the ultimate Fed rate path The year started with three consecutive higher-than-expected inflation prints This resulted in yields rising through April and nearing the highs reached in the fourth quarter of 2023 In addition markets reduced expectations for the number of Fed rate cuts to two-to-three…

Market commentary, During the third quarter of 2023 fixed income investors endured a difficult market with the Bloomberg Aggregate  Bond Index losing 323% as interest rates rose meaningfully on the back of continued hawkishness from the Fed The rates sell off dragged the year-to-date performance into negative territory with a return of -121% for the nine  months ended September 30 Read more

While interest rates moved towards the low band of our expected price range during the quarter recent increases in interest rates have overall rates closer to fair value We continue to maintain a near neutral curve posture and overall duration relative to portfolio benchmarks with interest rate volatility expected to remain elevated  Access the full 3Q2024 Strategic Fixed Income commentary below…

Market commentary The Federal Open Market Committee (FOMC continued its aggressive policy tightening during the first half of the year increasing the Federal Funds Rate 100 basis points during 2023 The last of the FOMC’s four hikes came at the July meeting with the current Fed Funds target range at 525%–550% The market feels the Fed has reached its terminal rate with inflation on a consistent…

For business owners and the self-employed frustration with annual tax liabilities is a cornerstone of every spring season as constant and repetitive as April showers But perhaps it doesn’t have to be It’s never too soon to plan for your next tax season, At Mesirow we work with business owners like you to help maximize retirement savings minimize taxes and maintain the flexibility required to productively run your business by implementing custom retirement plan strategies Qualified retirement plans have been around for decades but many business owners don’t realize just how effective they can be for delivering large tax deductions that can…, defined contribution,  , plans , and , defined benefit plans, Defined contribution plans, —more commonly known in the marketplace as , profit sharing and 401(k plans, —are ideal for business owners seeking flexibility and annual discretion These plans provide the ability in profitable years to shelter up to an annual 2025 individual limit of $7000000 and if you are over age 50 additional catch-up contributions can also be made¹ The appeal of a defined contribution program is that the fixed annual commitment is often very manageable and yet the potential to…, Defined benefit plans, on the other hand offer the appeal of considerably larger contributions and deductions Depending on the demographics of the shareholders and employees — age compensation etc — it is not at all uncommon to obtain six-figure tax deductions annually in a defined benefit plan However in exchange for the larger tax and savings vehicle as a business owner you must be comfortable with a less flexible…, cash balance plan, —a specific type of defined benefit plan that is communicated and packaged to employees more like a defined contribution plan While the mechanics on the back end are very much a traditional defined benefit plan the contributions are delivered more like profit sharing contributions so that the employees can more easily digest what they are receiving and what they take with them if they terminate…, Published February 2025, 1  https//wwwtaxnotescom/research/federal/irs-guidance/notices/irs-updates-pension-plan-limitations-2025-tax-year/7my9v Source Mesirow 

Significant increase in AUM for Mesirow Equity Management, Growth reflects strong performance differentiated strategies and client-centric approach, AUM advanced over 25% so far in 2023, CHICAGO September 26 2023, – Mesirow an independent employee-owned financial services firm announced that Mesirow Equity Management (“MEM” has surpassed $1 billion in assets under management (“AUM” as of August 31 2023 Led by Kathryn Vorisek Head of Equity Management Portfolio Manager and Leo Harmon Chief Investment Officer Portfolio Manager MEM focuses exclusively on managing small cap and small-mid cap portfolios and…, About Mesirow Equity Management, Mesirow Equity Management (MEM is an institutional asset manager focused exclusively on investing in small cap and small-mid cap value and core equities For more information please visit mesirowcom/equity , About Mesirow , Mesirow is an independent employee-owned financial services firm founded in 1937 Headquartered in Chicago with locations around the world we serve clients through a personal custom approach to reaching financial goals and acting as a force for social good With capabilities spanning Global Investment Management Capital Markets & Investment Banking and Advisory Services we invest in what…

Mesirow Investment Bankings healthcare sector report reveals a shift from traditional healthcare settings to urgent care centers (UCCs Multiple factors in recent years including COVID-19 led to explosive growth in UCCs UCCs also reduce the total number of uninsured and Medicaid visits to emergency departments by 21% and 29% respectively within a ZIP code Rapid growth and fragmentation of the UCC…, CHICAGO May 3 2023, - Mesirow Investment Bankings Healthcare team announces the publication of a report that reveals the rise of UCCs and what this shift means for patients and investors alike The last few years have witnessed a shift in healthcare from office settings and emergency departments (EDs to UCCs a shift that COVID-19 accelerated From 2013 to 2022 the number of UCCs in the US almost doubled—from 5307 to…, Lance Bell Managing Director of Mesirow Investment Banking, said One of the predominant themes we are seeing in healthcare services is the push to drive care to lower-cost settings (ED → UCC → retail walk-in clinic → telehealth and the consumerization of healthcare delivery Firms as diverse as CVS (MinuteClinic Amazon (One Medical Walmart and Walgreens are all trying to merge medical treatment with retail philosophies like convenience value and efficient…, The impact of UCCs, An open UCC in a ZIP code reduced the total number of emergency department visits by residents in that ZIP code by 17% due largely to decreases in visits for less emergent conditions UCCs reduced the total number of uninsured and Medicaid visits to the ED by 21% and 29% suggesting that during the hours they are open UCCs appear to be treating patients who otherwise would have visited the ED, The need for UCCs, Overcrowding long wait times and high costs in EDs combined with the demands of COVID-19 made clear the need for alternative care options in the US, Urgent Care Centers are ripe for consolidation, The consumerization of the UCC space is a classic example of a sector poised for rapid expansion and change including M&A It has all the hallmarks rapid growth fragmentation established need and no clear leaders Please click here to read the full report, About Mesirow, Mesirow is an independent employee-owned financial services firm founded in 1937 Headquartered in Chicago with locations around the world we serve clients through a personal custom approach to reaching financial goals and acting as a force for social good With capabilities spanning Global Investment Management Capital Markets and Investment Banking and Advisory Services we invest in what matters…, For inquiries, mediainquiries@mesirowcom Michael Herley | 2033081409 The Mesirow name and logo are registered service marks of Mesirow Financial Holdings Inc © 2022 All rights reserved Securities offered through Mesirow Financial Inc member FINRA SIPC 2022 Crains Best Places to Work (Received August 2022 reflective of previous 12 months – Licensing fees paid post award for use of the ranking Best Companies…