Evercore | Wealth Management

February 1, 2012
Evercore Wealth Management Passes on Puerto Rico Debt; Dow Jones

The fixed income team at Evercore Wealth Management declined to invest in Puerto Rico debt, despite the relatively high yield on the $1 billion taxable municipal-bond offering on January 31, said Howard Cure in an interview with Dow Jones on January 31, 2011.

January 31, 2012
Howard Cure Comments to the Wall Street Journal on Washington State Debt

Evercore Wealth Management director of municipal bond research Howard Cure told the Wall Street Journal that the recent offering by Washington State was not attractive to the firm's investors.

January 25, 2012
Bond Buyer Quotes Gary Gildersleeve on Muni Rates

Bond yields are unlikely to change much in the next few months but could rise by between 50 and 75 basis points by year end, said Evercore Wealth Management partner and fixed income portfolio manager in an interview with Bond Buyer.

January 23, 2012
The Wall Street Journal Quotes Howard Cure on University of Chicago Bonds

The pending $524 million bond sale from the University of Chicago will likely meet with strong demand, said Evercore Wealth Management director of municipal research Howard Cure, in an interview published in the Wall Street Journal.

January 13, 2012
European Recession May Impact U.S. States, Howard Cure Tells WSJ

Some already troubled U.S. states may be vulnerable to recession in Europe, said Howard Cure, director of municipal bond research at Evercore Wealth Management in an interview published in the Wall Street Journal.

January 7, 2012
John McDermott Quoted in the New York Times on Investment Outlook

Evercore Wealth Management partner and portfolio manager John McDermott was quoted in the lead article of the New York Times annual fund management review, saying that investors looking for positive news on deficit reduction from Europe and Washington, D.C. may want to be careful what they wish for.

December 13, 2011
Tim Evnin Comments on U.S. Stocks to Dow Jones

Investors will remain skeptical of significant economic growth for some time, said Tim Evnin, partner and equity portfolio manager at Evercore Wealth Management in New York in an interview with Dow Jones after the Federal Reserve held policy unchanged.

December 1, 2011
Businessweek Quotes Howard Cure on State Debt Issues

Bond banks, typically overseen by state officials and gubernatorial appointees, can provide individual investors with access to the municipal-securities market for communities that may lack the resources to conduct their own offering, said Howard Cure in an interview with Businessweek.

November 23, 2011
The Financial Times Quotes Howard Cure on Harrisburg Filing

The decision of a federal judge to throw out the bankruptcy filing of Harrisburg, Pennsylvania, was "good" for the municipal bond market where states and local governments raise money, Howard Cure told the Financial Times. He is the director of municipal bond research at Evercore Wealth Management.

November 11, 2011
The Bond Buyer Cites Evercore Wealth Management Research on Muni Outlook

The Bond Buyer quoted Evercore Wealth Management municipal bond market research in an article on the potential impact of the Jefferson County, Alabama, bankruptcy filing on the broader market.

November 2, 2011
Gary Gildersleeve Addresses State and Municipal Finance Conference

Defaults in the $2.9 trillion municipal bond market have been isolated and fewer than expected, Evercore Wealth Management partner Gary Gildersleeve told the annual State and Municipal Finance conference in New York.

November 1, 2011
Chris Zander Quoted by the New York Times on Gifting

Investors with highly appreciated stock holdings in regular individual retirement accounts may be better off contributing stock directly to a charity in lieu of making the charitable IRA transfer, Evercore Wealth Management partner and head of wealth planning Chris Zander told the New York Times.

November 1, 2011
New York Times Quotes Chris Zander on Donor Tax Considerations

Prospective donors have a window of opportunity to give now, ahead of pending tax changes, Chris Zander told the New York Times. He is the national head of wealth planning at Evercore Wealth Management and a partner in the firm.

October 21, 2011
Bloomberg Quotes Howard Cure on California Debt

Local governments in California are limited by constraints on the property tax rates in their ability to issue debt, said Evercore Wealth Management director of municipal bond research Howard Cure in an interview with Bloomberg.

October 20, 2011
Howard Cure Comments on Harrisburg Debt to Bloomberg

Howard Cure, director of municipal research for Evercore Wealth Management in New York, told Bloomberg that efforts by the city of Harrisburg to enter mediation as an alternative to bankruptcy wouldn't please investors, as other Pennsylvania cities might try to do the same, he said.

October 19, 2011
Evercore Wealth Management Cited in New York Times Wealth Report

Evercore Wealth Management Partner and Portfolio Manager Iain Silverthorne was quoted in the annual New York Times report on wealth. The cover article to the section interviewed Iain and one of his clients in the San Francisco area on the need for thoughtful asset allocation to support passion investing.

October 12, 2011
Howard Cure Quoted by Bloomberg on State vs City Bonds

State-government bonds, which have recently underperformed local debt, may be poised to pull ahead as flagging property-tax revenue threatens budgets in U.S. cities and counties, Howard Cure told Bloomberg News.

October 10, 2011
Evercore Wealth Management Named Fastest-Growing RIA by Investment News

Evercore Wealth Management was again named the fasted growing registered investment advisor in the United States by Investment News. The survey, which was based on data from the first quarter of 2011, cited total assets under management of $2.5 billion; the firm currently manages $2.9 billion on behalf of individual and family clients and related institutions.

September 12, 2011
Evercore Wealth Management Featured in the Minneapolis Star Tribune

The Minneapolis Star Tribune featured the expansion of Evercore Wealth Management to the Midwest in its business pages, quoting Martha Pomerantz, a partner in the firm and co-head of the new Minneapolis office.

September 9, 2011
Howard Cure Comments on New York Thruway Debt: Bloomberg

Howard Cure told Bloomberg News that coverage on New York infrastructure bonds remains robust, despite a volatile investment market and poor job growth.

September 9, 2011
Bond Buyer Quotes Gary Gildersleeve on Municipal Bond Ratios

Gary Gildersleeve, a partner and fixed income portfolio manager at Evercore Wealth Management in New York, was quoted by Bond Buyer in an article on municipal bond yields.

August 29, 2011
Barron's Features Evercore Wealth Management Research

The cover of this week's issue of Barron's reviews the fiscal 2012 outlook for all 50 U.S. states, based on research by Evercore Wealth Management.

August 15, 2011
Barron's Reviews Evercore Wealth Management Macro Opportunities Fund

Barron's profiled the Evercore Wealth Management diversified hedges strategy and the related mutual fund, the Evercore Wealth Management Macro Opportunities Fund, or EWMOX.

August 11, 2011
Howard Cure Identifies Opportunities in Bearish Muni Market: Bloomberg

In a Bloomberg feature entitled "Investors in U.S. 'Keep Their Heads' After S&P Downgrades Municipal Bonds", Evercore Wealth Management director of municipal bond research Howard Cure identified some relatively attractive opportunities for fixed income investors.

August 11, 2011
Howard Cure Quoted on LA Water Debt: San Francisco Chronicle; Businessweek

"Rate increases can be politicized," said Howard Cure, director of municipal research for Evercore Wealth Management in New York. His comments, which were published in the San Francisco Chronicle and Businessweek, were made shortly ahead of the $311.6 million revenue bond issuance by the Los Angeles water agency.

August 9, 2011
Evercore Wealth Management Muni Team Comments to Bloomberg on State Debt

The actions in Rhode Island and Michigan show investors that U.S. states want to isolate municipal problems and reassure bondholders, said Howard Cure, director of municipal research for Evercore Wealth Management in New York.

August 4, 2011
Businessweek Quotes Howard Cure on Philadelphia's Transit Debt

Businessweek quoted Howard Cure, Evercore Wealth Management director of municipal bond research, as saying that repayment of Philadelphia's scheduled $214.8 million of transit debt is unlikely to be at risk.

August 3, 2011
Howard Cure Interviewed by BTV's Street Smart Program on State Debt

Howard Cure, director of municipal research for Evercore Wealth Management, is interviewed by Bloomberg Television's Street Smart program about the impact of possible credit downgrade for the United States on the municipal bond market and state and local governments.

August 2, 2011
Nassau County Voters Right to Reject $400m Debt, Howard Cure Tells Bloomberg

Voters in Nassau County, New York, made the right choice in rejecting a $400 million general obligation debt to build a new hockey arena for the New York Islanders, Evercore Wealth Management head of municipal bond research Howard Cure told Bloomberg News.

July 30, 2011
The Wall Street Journal Quotes Judy Moses on U.S. Corporate Earnings

Judy Moses, partner and equity portfolio manager at Evercore Wealth Management in San Francisco, was quoted in the Wall Street Journal saying that corporate earnings guidance is just one element in valuing a company's stock.

July 20, 2011
Wall Street Journal Quotes Howard Cure on Risk/Reward Ratio in Muni Bonds

Howard Cure, director of municipal research at Evercore Wealth Management, was quoted in the Wall Street Journal as saying that some investors are grappling with the prospect of having to take on more risk, either in terms of buying lower-credit quality or longer-maturing debt, in order to get the returns they seek.

July 20, 2011
Financial Times Quotes Howard Cure on Rhode Island Debt

The Financial Times quoted Evercore Wealth Management director of municipal bond research Howard Cure in an article on the potential national ramifications of the debt crisis in Central Falls, Rhode Island.

July 19, 2011
Muni Bond Tax Exemption Under Threat, Howard Cure Tells CNN Money

Policymakers are increasingly thinking the previously unthinkable: eliminated the tax exemption on new municipal bonds, said Howard Cure, director of municipal bond research at Evercore Wealth Management, in an interview with CNN Money.

July 15, 2011
Chris Zander Interviewed by the Wall Street Journal on The Wealth Planning Considerations in Selling a Business

Chris Zander Interviewed by the Wall Street Journal on The Wealth Planning Considerations in Selling a Business.

July 15, 2011
Wall Street Journal Cites Evercore Wealth Management Muni Research

Cities, counties and school districts that are already strained by diminished state resources are now facing the second consecutive quarter of reduced property taxes.

July 15, 2011
Businessweek Quotes Howard Cure on New York Budget

Evercore Wealth Management director of municipal bond research Howard Cure told Businessweek that New York governor Andrew Cuomo appears to be focused economic development and jobs in the second phase of his administration, following his recent successful efforts in social legislation.

July 5, 2011
CNBC interviews Howard Cure on the Muni Bond Market

Evercore Wealth Management director of municipal research Howard Cure spoke on CNBC's Power Lunch program on the outlook for municipal bonds.

June 17, 2011
Bond Buyer Quotes Howard Cure on Los Angeles Debt

Howard Cure, director of municipal bond research at Evercore Wealth Management, told Bond Buyer that reports of the city's approaching demise are overblown.

June 7, 2011
Judy Moses Interviewed by Dow Jones on U.S. Stocks

Evercore Wealth Management partner and portfolio manager Judy Moses told Dow Jones that recent losses in the Dow Jones Industrial Average do not indicate a reversal in the economic outlook.

June 2, 2011
Diversified Market Hedges Featured in Fortune

The Evercore Wealth Management diversified market hedges portfolio was featured in Fortune.

May 31, 2011
Evercore Wealth Management Named Top Growing RIA: Investment News

Evercore Wealth Management was named by Investment News as the fastest growing registered independent advisor in the United States in the publication's annual survey of the top 50 firms.

May 11, 2011
Howard Cure Quoted by Bloomber of Harrisburg Debt

Harrisburg's $310 million debt burden for its trash-to-energy incinerator may actually help the bankrupt Pennsylvannia's capital, Howard Cure, director of municipal bond research at Evercore Wealth Management in New York, told Bloomberg.

May 11, 2011
Bloomberg Quotes Gary Gildersleeve on Wisconson Debt; Munis

Demand for Wisconsin's offering this week may be boosted by a dearth of supply of munis in general and of state general obligation debt specifically, said Evercore Wealth Management partner Gary Gildersleeve, in an interview with Bloomberg.

May 6, 2011
Huffington Post Quotes Howard Cure on SLGS

The suspension of State and Local Government Series securities, or SLGS, will make it harder for state and local governments to pay their debts, Evercore Wealth Management director of municipal research Howard Cure told the Huffington Post in a recent interview.

April 29, 2011
Bond Buyer Quotes Howard Cure on TCA Debt

The restructuring of $2 billion of San Joaquin Hills Transportation Corridor Agency, or TCA, toll-road debt puts bondholders in a tough spot, said Howard Cure, head of municipal bond research at Evercore Wealth Management, in an interview with Bond Buyer.

April 29, 2011
Bill Vaughn Comments on U.S. Stocks in the Wall Street Journal

Stocks continue to rise as investors gain confidence from a gradually recovering economy, said Evercore Wealth Management partner and portfolio advisor Bill Vaughn, in an interview with the Wall Street Journal.

April 28, 2011
Jeff Maurer Comments on Randy Hustvedt Appointment in Forbes/RIABiz Interview

Jeff Maurer, CEO of Evercore Wealth Management, told Forbes publication RIABiz that the recent appointment of Randy Hustvedt as a managing director and wealth advisor complements the firm's expansion plans.

April 26, 2011
Howard Cure Comments on O'Hare Airport Muni Deal in the Wall Street Journal

The billion-dollar sale from Chicago's O'Hare International Airport, remains complex even after the settlement of a recent related lawsuit, Howard Cure told the Wall Street Journal in an interview.

April 15, 2011
Barron's Cites Evercore Wealth Management Research

Congress can change the law on municipal bond taxation any time it chooses, observed Barron's in a feature citing an April 14 publication by Howard Cure, director of municipal bond research at Evercore Wealth Management.

April 14, 2011
Wall Street Journal Quotes Judy Moses on U.S. Stocks

The recent trend in jobs data has been encouraging, said Judy McDonald Moses, partner and portfolio manager at Evercore Wealth Management in San Francisco.

April 11, 2011
Tim Evnin Comments on U.S. Stocks in the Wall Street Journal

Evercore Wealth Management partner and portfolio manager Tim Evnin told the Wall Street Journal that investors are nervous about committing more to U.S. equities at present.

April 8, 2011
Howard Cure Quoted on Munis in the Wall Street Journal

The $2.9 trillion U.S. municipal-bond market is unlikely to be affected by a U.S. government shut down, Howard Cure told the Wall Street Journal. Cure is director of municipal bond research at Evercore Wealth Management in New York.

April 8, 2011
Gary Gildersleeve Comments on Munis to Reuters

Gary Gildersleeve, partner and fixed-income manager at Evercore Wealth Management in New York, told Reuters that small investors are significant sellers in the muni market and are likely to remain so for many months.

April 6, 2011
NPR Interviews Howard Cure on Federal Shutdown Impact

National Public Radio interview Howard Cure, director of municipal bond research at Evercore Wealth Management, on the potential impact of a federal shutdown on state governments.

March 24, 2011
Forbes Quotes Howard Cure on Muni Defaults

Howard Cure, director of municipal bond research at Evercore Wealth Management, was quoted by Forbes in the article "A Wave Of Defaults? Not Gonna Happen".

March 23, 2011
Howard Cure Quoted on Muni Outlook: The Street.com

Howard Cure, managing director of municipal bond research for Evercore Wealth Management in New York, said he understands concerns over significant municipal bond defaults in 2011 but does not expect a wave of defaults.

March 23, 2011
Barron's Penta Cites Evercore Wealth Management Muni Research

Evercore Wealth Management director of municipal bond research Howard Cure was quoted in Forbes magazine as saying that big defaults are unlikely. "There is a fiscal crisis, I just don't think it will manifest in the form of multi-billion dollar defaults," he said.

March 17, 2011
The Wall Street Journal Quotes Howard Cure on Rhode Island Debt

Bond investors can better evaluate Rhode Island issuers if they start addressing their liabilities, Howard Cure told the Wall Street Journal. Cure is director of municipal bond research at Evercore Wealth Management.

March 10, 2011
Howard Cure Interviewed on NPR

Howard Cure, director of municipal bond research at Evercore Wealth Management, was interviewed on the outlook for Wisconsin by National Public Radio. Cure observed that the state governor was able to maneuver the labor legislation by removing fiscal issues and focusing just on collective bargaining rights.

March 5, 2011
Barron's Penta Cites Evercore Wealth Management Muni Research

Penta, the Barron's publication aimed at investors with $5m or more in investable assets, cited Evercore Wealth Management research in a feature on the U.S. municipal bond markets.

March 3, 2011
Howard Cure Interviewed on Marketplace Morning Report

Howard Cure, head of municipal bond research at Evercore Wealth Management in New York, was interviewed on the outlook for ratings agencies by the Marketplace Morning Report radio program.

March 3, 2011
Chris Zander Quoted in the New York Times on Portfolio Management

Christopher Zander, a partner and wealth adviser with Evercore Wealth Management in New York, was quoted in the Wealth Matters column of the New York Times, saying that he favors broadly diversified retirement portfolios, including market hedges like gold and other commodities, bonds from Australia, Brazil and Norway, and Treasury inflation protected securities, known as TIPS.

February 25, 2011
Tim Evnin Quoted by the Wall Street Journal on U.S. Stocks, Oil

Oil prices are not high enough to dampen U.S. economic growth - at least not yet, said Tim Evnin, equity portfolio manager at Evercore Wealth Management in New York.

February 24, 2011
Illinois Not Out of the Woods, Gary Gildersleeve Tells Reuters

Illinois' $3.7 billion taxable sale, which outperformed in its debut this week in secondary market trading, may be too risky for mainstream individual investors, according to Gary Gildersleeve, a partner with Evercore Wealth Management in New York.

February 17, 2011
Tim Evnin Comments on U.S. Stocks: Marketwatch

“Everyone is holding their breath waiting for what is going to shake the market a bit, if the unrest in the Middle East isn’t going to do it," said Tim Evnin, a partner and portfolio manager at Evercore Wealth Management, in an interview with Dow Jone's Marketwatch.

February 15, 2011
Market Risk Not Mitigated by Dip in Prices, Judy Moses Tells Dow Jones

Judy Moses, portfolio manager at Evercore Wealth Management in San Francisco, said that the week's drop had quieted some of the calls for consolidation even as investors continue to weigh the impact of high oil prices.

February 14, 2011
Bond Buyer Quotes Howard Cure on Pension Bill

Evercore Wealth Management director of municipal bond research Howard Cure was quoted by Bond Buyer on the recently introduced public pension bill.

February 11, 2011
John Apruzzese Comments on U.S. Stocks in the Wall Street Journal

Investor unease over Egypt may have helped prop up U.S. stocks as investors transferred their funds from emerging markets, said John Apruzzese, partner and head of the investment policy committee at Evercore Wealth Management, in an interview with the Wall Street Journal.

February 10, 2011
John McDermott Featured in the WSJ on Diversified Hedges

John McDermott, Evercore Wealth Management partner and manager of the firm's Diversified Markets Hedges portfolio, was interviewed by the Wall Street Journal on his investment strategy.

February 4, 2011
Tim Evnin Comments on U.S. Stocks: Bloomberg

Tim Evnin, partner and equity portfolio manager at Evercore Wealth Management, told Bloomberg that he doesn't anticipate a dramatic economic recovery.

February 3, 2011
Judy Moses Quoted by the Wall Street Journal on U.S. Stocks

Improved economic data in the United States is boosting investor confidence, even as unemployment continues to cast a pall over the markets, Evercore Wealth Management partner and equities portfolio manager Judy Moses told the Wall Street Journal's Marketwatch.

February 1, 2011
NY Budget Just the Beginning, Howard Cure Tells Reuters

Howard Cure, municipal bond analyst with Evercore Wealth Management in New York, commented on the New York deficit-eliminating budget plan that could reduce state spending for the first time in 14 years, saying that much could still change in negotiations with the legislature.

January 25, 2011
Forbes on Evercore Wealth Management: Smart Money Buys Chinese Money, Munis, Global Index and Gold Options

Evercore Wealth Management partners told Forbes reporter Robert Lenzner to look for 3.5% GDP growth in 2011, with stocks up, gold down and the U.S. dollar stronger against the euro.

January 21, 2011
Chris Zander on Investing Bonuses in the New York Times

Investors are selling their stock awards and allocating the proceeds to more diversified assets, Chris Zander told the New York Times. To read his comments excerpted from the article, click here.

January 21, 2011
Munis Holding Steady Despite Fears, Gary Gilldersleeve Tells the Wall Street Journal

Muni bond prices are holding steady, despite market expectations of increased muni bond outflows that are spooking some private investors, said Gary Gildersleeve, partner and portfolio manager at Evercore Wealth Management.

January 4, 2011
New California Governor to Pursue Spending Cuts, Cure Tells Reuters

California governor Jerry Brown is likely to pursue spending cuts that will impact all parts of the state government, said Evercore Wealth Management municipal bond research director Howard Cure in an interview with Reuters.

January 4, 2011
Bill Vaughn Quoted on U.S. Stocks in the Wall Street Journal

Investors are encouraged by a gradually recovering economy and relieved to see no major changes to the quantitative-easing program, said Bill Vaughn, portfolio manager at Evercore Wealth Management in New York, in an interview with Dow Jones published in the Wall Street Journal.

December 31, 2010
Howard Cure Interviewed by Bloomberg on California and New York Debt

The expiring Build America Bonds subsidy and the limited suspension of the alternative minimum tax helped boost this year's volume but may limit issuance in 2011, said Howard Cure, director of municipal research for Evercore Wealth Management in an interview with Bloomberg.

December 22, 2010
Muni refinancing increasingly difficult, Howard Cure tells Bond Buyer

Municipalities are increasingly vulnerable to a market freeze as they seek to refinance short-term debt, said Evercore Wealth Management director of municipal Howard Cure said in an interview with Bond Buyer.

December 15, 2010
Judy McDonald Moses Quoted by Reuters on U.S. Stocks

Fund managers scrambled to look in profits ahead of the year's end, driving stocks lower, said Evercore Wealth Management partner Judy McDonald Moses, in an interview with Reuters.

December 10, 2010
Forbes Features John Apruzzese on China, U.S. Stocks

John Apruzzese, head of the investment policy committee at Evercore Wealth Management, told Forbes the monetary slowdown in China will impact just about every other market, including the United Sates.

December 10, 2010
Howard Cure Comments on California Debt: Bond Buyer

Municipalities are locked into current worker pension benefits by law, which would take a major legal challenge to change, said Howard Cure, director of municipal bond research at Evercore Wealth Management.

December 9, 2010
U.S. Households Shift to Equities from Bonds, Howard Cure tells Bloomberg

The half a percent fall in U.S. households' municipal-debt holdings reflects a new interest among individual investors in stocks, Howard Cure told Bloomberg.

December 7, 2010
CNBC Features Howard Cure on Municipal Bonds

Evercore Wealth Management director of municipal research Howard Cure spoke on CNBC's Power Lunch program on the outlook for municipal bonds.

December 3, 2010
Howard Cure Dicusses Municipal Bonds on Bloomberg TV

Howard Cure, director of municipal bond research at Evercore Wealth Mangement, was interviewed by Bloomerg TV on the muni market. Click here to view.

November 30, 2010
Bill Vaughn Comments on US Stocks; WSJ.com

Better-than-expected economic data for November reminded investors that the manufacturing sector remains strong and that the outlook for U.S. stocks is not "all doom and gloom," said Evercore Wealth Management partner and portfolio manager Bill Vaughn in an interview with Dow Jones published in WSJ.com

November 28, 2010
Airport Rush to Complete Bond Sales, Howard Cure Tells Businessweek

Airports from JFK in New York City to Los Angeles International are trying to complete bond sales and take advantage of a tax break scheduled to expire at year-end, said Howard Cure, director of municipal research at Evercore Wealth Management, in an interview with Businessweek.

November 19, 2010
Howard Cure Interviewed on Bloomberg Television; Forecasts Credit Deterioration

"There is clearly going to be credit deterioration," Howard Cure, director of municipal research for Evercore Wealth Management in New York, said in a Bloomberg Television interview. "There aren’t going to be massive defaults."

November 17, 2010
Howard Cure Comments on California RAN Delay to Dow Jones

The decision of California officials to delay the marketing of revenune-anticipation notes, or RANS, has shaken the confidence of muni investors, said Howard Cure, director of municipal research for Evercore Wealth Management.

November 16, 2010
John Apruzzese Comments on U.S. Stocks to Dow Jones

Investors have grown anxious over the long-term effects of the Federal Reserve's $600 billion bond-buying program said John Apruzzese, head of the investment management committee at Evercore Wealth Management, in an interview with Dow Jones.

November 10, 2010
Investors in Small Town Munis Should Confirm Security, Howard Cure Tells the Wall Street Journal

Some cities and towns could default on their municipal debt, said Howard Cure, director of municipal bond research at Evercore Wealth Management, in an interview with the Wall Street Journal.

November 9, 2010
Tim Evnin Interviewed by Dow Jones on U.S. Stocks

U.S. stocks fell Tuesday as investors became increasingly concerned about the potential impact of the Federal Reserve's stimulus plans announced last week, said Tim Evnin, partner and equity portfolio manager at Evercore Wealth Management.

November 5, 2010
Brian Pollack Quoted by Bond Buyer on Build America Bonds

Brian Pollack, a taxable portfolio manager at Evercore Wealth Management, said much of the increasing spread between Build America Bonds, or BABs, and corporate bonds is a liquidity premium.

November 3, 2010
Evercore Wealth Management CEO Comments on U.S. Tax Outlook: Reuters

Wealthy Americans expect a broad array of tax increases in 2011, Evercore Wealth Management CEO Jeff Maurer told the Reuters Wealth Management Summit.

November 3, 2010
Jeff Maurer Comments on Muni Debt at Reuters CEO Panel

U.S. investors are becoming increasingly cautious toward the municipal bond market after its recovery from the depths of the financial crisis, said Evercore Wealth Management CEO Jeff Maurer at a recent CEO panel hosted by Reuters in New York City.

November 2, 2010
Airports Issuing Debt in Muni Market, Howard Cure tells Dow Jones

Howard Cure, director of research for Evercore Wealth Management, told Dow Jones that two recessions, airline consolidations and medical epidemics have taken their toll on the airport industry and that airports are now lining up to tap the municipal bond market, looking to take advantage of not only ultra-low borrowing rates but also a federal stimulus tax break that is set to expire at the end of the year.

October 30, 2010
John Appruzzese Quoted in the New York Times on U.S. Stocks

Further gains in U.S. stocks will remain on hold as investors wait for details of the Federal Reserve's bond-buying program, said John Apruzzese, a partner and portfolio manager at Evercore Wealth Management.

October 29, 2010
U.S. Stocks in Holding Pattern, John Apruzzese Tells the Associated Press

John Apruzzese, a partner and portfolio manager at Evercore Wealth Management, said that the market rally will remain on hold as investors wait for details of the Federal Reserve's bond-buying program.

October 20, 2010
Gary Gildersleeve Comments on Muni Yields: Reuters

The value of munis in relation to Treasuries is appealing, with some tax-free yields equal or fatter than the taxable ones of similar Treasuries, but overall yields are very low by historic measures, said Gary Gildersleeve, partner and fixed-income portfolio manager at Evercore Wealth Management, in an interview with Reuters.

October 20, 2010
Chris Zander Interviewed by The New York Times on U.S. Tax

Christopher Zander, a partner and wealth adviser with Evercore Wealth Management in New York, told the New York Times that individuals should consider a range of tax strategies ahead of likely changes next year.

October 18, 2010
Citigroup Earnings and Prospect of Further Stimulus Boost Stocks: Tim Evnin

Better-than-expected Citigroup earnings set a positive tone for the market, said Tim Evnin, partner and equity portfolio manager at Evercore Wealth Management, in an interview with Dow Jones.

October 14, 2010
Virginia Debt Relatively Stable, Howard Cure Tells Bloomberg

Virginia is benefiting from risk aversion among municipal and taxable investors, said Howard Cure, director of municipal research at Evercore Wealth Management in an interview with Bloomberg following the state's sale of $143 million of taxable Build America Bonds at the lowest cost relative to U.S. Treasuries since the program began.

October 12, 2010
Bill Vaughn Comments on U.S. Stocks: WSJ.com

Indications from the Federal Reserve that it expect new steps will be needed to jump-start growth were widely expected by the market, Evercore Wealth Management partner and portfolio manager told the Wall Street Journal following the release of minutes from the central bank's September meeting.

October 11, 2010
Harrisburg Moves to Avert Bankruptcy May Be Too Late, Howard Cure Tell WSJ

Moves by Harrisburg, Pennsylvania to seek refuge in its state's oversight program for distressed cities may not help the capital city resolve its problems in the long term, said Howard Cure, director of municipal research at Evercore Wealth Management in an interview with the Wall Street Journal.

October 8, 2010
The Wall Street Journal Quotes John Apruzzese on U.S. Economic Data

John Apruzzese, partner and chairman of the Evercore Wealth Management investment committee, was quoted in the Wall Street Journal as saying that quantitative easing shouldn't be viewed as a panacea for the economy, no matter how the stock market reacts in the short term.

October 7, 2010
Evercore Wealth Management Comments on New York MTA Debt: Bloomberg

Jim Holihan and Howard Cure told Bloomberg that they were likely to pass on MTA Bonds.

October 1, 2010
Gary Gildersleeve Comments on New Jersey Debt in Businessweek

New Jersey was forced to discount its price on longer-term bonds to sell them, Evercore Wealth Management partner and fixed income portfolio manager Gary Gildersleeve told Businessweek. The move has resulted in higher yields.

September 29, 2010
Evercore Wealth Management Comments on California Budget Talks

The cost to California of further delays in a spending plan may be the risk of a cut to its already low credit rating, said Howard Cure, director of municipal research at Evercore Wealth Management, in an interview with Reuters.

September 27, 2010
Dallas Transit's Borrowing Cost May Fall, Howard Cure Tells Bloomberg

Dallas Area Rapid Transit Authority's borrowing cost may fall even after the recent rating cut by Standard & Poor's, Howard Cure, director of municipal research told Bloomberg.

September 20, 2010
New Obligations Unlikely to Put Investors Off Utah, Howard Cure Tells Bloomberg

Utah's $1.25 billion offering is attractive to investors otherwise cautious about state debt, said Howard Cure, director of municipal bond research at Evercore Wealth Management.

September 15, 2010
Municipal Bond Insurance Not Coming Back, Howard Cure Tells Bloomberg Conference

Municipal-bond insurance, which once covered half of the $400 billion of debt sold by U.S. state and local governments annually, "won't be making a comeback," said Howard Cure, director of municipal research at Evercore Wealth Management.

September 15, 2010
US Stocks Rise on Corporate News: Tim Evnin Tells Wall Street Journal

Tim Evnin, partner and equity portfolio manager at Evercore Wealth Management, attributed continued gains in the U.S. stock market to investor expectations of positive corporate earnings.

September 13, 2010
Howard Cure Quoted on Harrisburg debt in the Wall Street Journal

Efforts by Harrisburg, Pa. officials to avoid an anticipated default on a general-obligation bond payment won't change the muni market's perception of the city as a troubled issuer, Evercore Wealth Management director of municipal research Howard Cure told the Wall Street Journal.

August 31, 2010
Bill Vaughn Comments on U.S. Stocks in the Wall Street Journal

Indications of rising consumer confidence have pushed stocks higher, according to Evercore Wealth Management partner Bill Vaughn. But the underlying economic recovery remains uncertain.

August 26, 2010
Judy Moses Comments on U.S. Stocks in the Wall Street Journal

San Francisco-based Evercore Wealth Management partner and portfolio manager Judy Moses told the Wall Street Journal that investors are waiting for guidance on the U.S. economic outlook from the Federal Reserve, when it meets on Friday.

August 24, 2010
John Apruzzese Quoted on U.S. Stocks in the Wall Street Journal

Continued investor concerns about economic weakness and housing data has forced stocks lower despite strong second-quarter earnings and a recent uptick in merger and acquisition activity, said Evercore Wealth Management partner and equity portfolio manager John Apruzzese in an interview with the Wall Street Journal.

August 20, 2010
Gary Gildersleeve Comments on Yields in The Bond Buyer

Evercore Wealth Management partner and portfolio manager Gary Gildersleeve told The Bond Buyer that low rates may be sustained for some time.

August 17, 2010
Investors Looking for Continuing Deal Flow, Tim Evnin Tells the Wall Street Journal

New mergers and acquisitions can help assuage market concerns, said Evercore Wealth Management partner and equity portfolio manager Tim Evnin in an interview with the Wall Street Journal.

August 16, 2010
The New Force on Wall Street

Upstart investment banks are taking business and bankers from battered larger competitors. The hottest boutique, Evercore, is grabbing a growing share of the biggest deals.

August 5, 2010
Evercore Wealth Management Featured in Financial Advisor

Evercore Wealth Management CEO Jeff Maurer — and many partners at his RIA — adjust to a new life.

July 29, 2010
Bill Vaughn Quoted on U.S. Stocks by the Wall Street Journal

Investor focus is turning to the economy as the second quarter earning season closes, Evercore Wealth Management partner Bill Vaughn told the Wall Street Journal.

July 21, 2010
Howard Cure Quoted by Bloomberg on NY-NJ Port Authority Debt

The sale of $400 million in revenue bonds by the Port Authority of New York and New Jersey may appeal to local investors as New York struggles to pass a budget, said Howard Cure, director of municipal research at Evercore Wealth Management.

July 21, 2010
John Apruzzese Comments on U.S. Stocks: Wall Street Journal

Evercore Wealth Management chief investment officer John Apruzzese told that Wall Street Journal that corporate earnings are generally positive but investors remain more focused on U.S. economic developments.

July 14, 2010
Judy Moses Comments on U.S. Stocks in WSJ.com

Investors continue to weigh strong corporate earnings against disappointing economic data, said Judith McDonald Moses, partner and equity portfolio manager at Evercore Wealth Management in San Francisco, in an interview with WSJ.com.

July 9, 2010
Tim Evnin Quoted On U.S. Stocks by the Wall Street Journal

Investors remain cautious despite recent stock price gains and ahead of second-quarter earnings, Evercore Wealth Management partner Tim Evnin told WSJ.com.

June 24, 2010
Euro Will Continue to Weigh on U.S. Stocks, John Apruzzese tells the Wall Street Journal

The recent rise in the Euro against the U.S. dollar is unlikely to continue, Evercore Wealth Management partner John Apruzzese told the Wall Street Journal.

June 16, 2010
Rhode Island Debt Outlook Improves, Howard Cure Quoted In the Wall Street Journal

The move by Central Falls, Rhode Island to enable a state-appointed receiver to overhaul its finances bodes well for the state? debt as a whole, said Howard Cure, director of municipal research at Evercore Wealth Management, in an interview with the Wall Street Journal.

June 15, 2010
Barron's Cites Evercore Wealth Management Muni Research on New York Debt

Barron's reporter Randall Forsyth cited research by Evercore Wealth Management municipal research team in the article "Avoiding Pension Hell for Munis".

June 10, 2010
Nancy Gabel cited in Family Business Magazine on Generation Y

Nancy Gabel, a managing director at Evercore Wealth Management in New York, was cited by Family Business Magazine on intergenerational wealth planning issues. Generation Y, which is comparable in size to the Baby Boomer generation, stands to inherit $41 trillion in the United States.

June 10, 2010
John Apruzzese Quoted on Impact of Chinese Economy on U.S. Stocks by Associated Press

Evercore Wealth Management partner and equity portfolio manager John Apruzzese and told the Associated Press that China would be able to cool its economy and prevent speculative bubbles without jeopardizing growth and the prospects of a global recovery.

June 3, 2010
Volatility Increases Investor Opportunity, Judy Moses tells Marketwatch

Correlations between stocks and sectors is increasing but continued volatility in the market is creating opportunities for investors, said San Francisco-based Evercore Wealth Management partner Judith Moses in an interview with Marketwatch.

June 3, 2010
Gary Gildersleeve Comments on Muni Calendar; Tennessee Debt

Evercore Wealth Management partner and municipal manager Gary Gildersleeve told Bloomberg that issuers will benefit from the lighter calendar over the next month. Total schedule issuance is the lowest since early April.

May 24, 2010
Barron's Penta Cites Evercore Wealth Management on New York Bonds

Penta, the Barron's publication focused on private investors with $5 million or more, quoted Evercore Wealth Management's fixed income research team in the article "Where to Find Safe Muni Bonds."

May 24, 2010
John Apruzzese Quoted in Barron's on Telecom Sector

Landline telephone services can be a value investment, John Apruzzese, portfolio manager at Evercore Wealth Management, told Barron's. It may be counterintuitive, as industry revenues are failing and expected to continue falling, but some companies have considerable appeal.

May 20, 2010
Wall Street Journal Quotes Tim Evnin on U.S. Stocks

Investors forced stocks lower as they shed riskier assets in favor of relatively safe bets such as U.S. Treasuries, Evercore Wealth Management portfolio manager Tim Evnin was quoted as saying by the Wall Street Journal.

May 20, 2010
Gary Gildersleeve Quoted by BusinessWeek on Utility Bonds

Debt supported by utility bonds is attractive now relative to general obligation bonds, said Gary Gildersleeve, a partner at Evercore Wealth Management in New York, in an interview with BusinessWeek ahead of $667.9 million debt issue by the Los Angeles Department of Water & Power, the largest municipal utility in the United States.

May 19, 2010
John Apruzzese Comments on U.S. Stocks: Marketwatch

In an interview with Marketwatch Evercore Wealth Management portfolio manager John Apruzzese attributed the recent market slide to continued investor concerns about the future of the euro.

May 14, 2010
Euro Concerns Weigh on U.S. Stocks, Bill Vaughn Tells Wall Street Journal

U.S. stocks ended lower on Friday on investor concerns that the European Union will find it difficult to implement a nearly $1 trillion bailout for its most heavily indebted members, Bill Vaughn, equity portfolio manager at Evercore Wealth Management, told the Wall Street Journal.

May 12, 2010
Wall Street Journal Interviews Jeff Maurer on the Wall Street Fund

Management of the Wall Street Fund will enable Evercore Wealth Management to deliver its best equity thinking to Evercore employees and the grandchildren of clients and the like, said the Wall Street Journal, quoting CEO Jeff Maurer.

May 12, 2010
Jeff Maurer Interviewed by Dow Jones on Firm's Growth

Evercore Wealth Management anticipates organic, opportunistic growth, said CEO Jeff Maurer in an interview with Dow Jones. The 18-month old firm plans to augment its organic-growth efforts by partnering with other wealth management companies who think about the business in a similar way.

May 3, 2010
Tim Evnin Quoted in Bloomberg on U.S. Economy, Stocks

Positive economic developments are underpinning gains in the U.S. equity markets, Evercore Wealth Management portfolio manager Tim Evnin told Bloomberg News.

May 3, 2010
Buffet comments help propel share prices, John Apruzzese tells Associated Press

Investors in U.S. stocks were encouraged by Warren Buffet's support of Goldman Sachs, said Evercore Wealth Management portfolio manager John Apruzzese in an interview with Associated Press.

April 30, 2010
Evercore Wealth Management Fixed Income Research Cited in Barron's

New Jersey's "Just Say No" debt plan makes the state a test case for the rest of the country, wrote Barron's reporter Randall W. Forsyth, citing the Evercore Wealth Management research report "New Jersey Budget Proposals: A Litmus Test for the Rest of the Country."

April 29, 2010
Judy Moses Quoted on Euro Outlook by Dow Jones

Investors will shift their focus back to U.S. earnings and economic data as moves by Germany and other European Union countries to support the euro start to alleviate concern about euro-zone debt, Evercore Wealth Management equity portfolio manager Judy Moses told Dow Jones.

April 21, 2010
Howard Cure Quoted by Dow Jones on Puerto Rico Bond

Evercore Wealth Management partner Howard Cure told Dow Jones that the strong demand from individual investors for the debt of the Puerto Rico Electric Power Authority, or Prepa, was caused in part by the utility's investment flexibility.

April 19, 2010
Avon Shares a Strong Play on Emerging Markets, Tim Evnin Tells Barron's

Avon remains a strong play on emerging and other international markets, despite a recent decline, Tim Evnin, partner and portfolio manager told Barron's.

April 16, 2010
Chris Zander Quoted by Business Week on Estate Tax Hiatus

Private investors are at risk of accidentally disinheriting their heirs as a result of the 2010 estate tax hiatus, Chris Zander, partner and estate planning expert at Evercore Wealth Management, told Business Week.

April 16, 2010
Tim Evnin Comments on U.S. Stocks in Bloomberg interview

Tim Evnin, partner and portfolio manager at Evercore Wealth Management, told Bloomberg News that the drop in U.S. share prices following news of fraud charges against Goldman Sachs by the Securities and Exchange Commission is unlikely to derail continued market gains.

April 15, 2010
Alliance Bernstein Veteran to Join Evercore Wealth Management: Wealth Bulletin

Wealth Bulletin reported that Wendy Barasch, a 20-year veteran of Alliance Berstein, has been recruited by Evercore Wealth Management as a partner and head of business development.

April 12, 2010
John Apruzzese Quoted in the Wall Street Journal as Dow Passes 11,000

Evercore Wealth Management portfolio manager John Apruzzese was quoted on U.S. Stocks in the Wall Street Journal on the day that the Dow Jones Industrial Average closed above 11000 for the first time since late-September 2008 amid hopes for a strong earnings season and weakness in the dollar.

April 8, 2010
Evercore Wealth Management Featured in RIA Biz: Profile of CEO Jeff Maurer

Jeff Maurer, CEO of Evercore Wealth Management and former CEO of U.S. Trust, has brought "his old magic" to the new firm, said RIA Biz in a profile of the firm that included interviews with both Maurer and Bob Morse, who is folding his New York based firm with $180 million in assets into Evercore Wealth Management.

April 5, 2010
John Apruzzese Comments on U.S. Equity Outlook: Associated Press

The recent increase in stocks is justified and even the prospect of gradual rise in interest rates from historic lows should not disrupt a recover, Evercore Wealth Management equity portfolio manager john Apruzzese told the Associated Press in an interview.

April 1, 2010
Tim Evnin Quoted in the Wall Street Journal's MarketWatch

The U.S. economy continues to gradually improve despite continued weakness in the housing sector and job market, Tim Evnin, equity portfolio manager at Evercore Wealth Management, told the Wall Street Journal's MarketWatch column.

March 30, 2010
CNBC Cites Bill Vaughn on Dividend Tax; Changing Fiscal Outlook

Potential changes to the dividend tax is just one of many issues needing investor attention, Evercore Wealth Management portfolio manager Bill Vaughn told CNBC.

March 17, 2010
John Apruzzese Quoted in Wall Street Journal on U.S. Stocks

John Apruzzese, chief investment officer at Evercore Wealth Management, told the Wall Street Journal that the outlook for U.S. stocks continues to improve.

March 12, 2010
Howard Cure quoted in the San Francisco Business Times

The California fiscal crisis presents a buying opportunity for municipal bond investors, said Howard Cure, director of municipal research at Evercore Wealth Management in a recent article in the San Francisco Business Times.

March 10, 2010
Evercore Wealth Management featured in Private Banker International as "one of the industry's fastest growing firms"

In just over a year, Evercore Wealth Management has parlayed its deep bench of former U.S. Trust veterans and a timely acquisition of Morse, Williams and Company, Inc. into one of the wealth management industry's fast growing firms, according to Private Banker International.

March 8, 2010
Howard Cure cited in Barron's: California's Big, Fat High-Yield Debt

Further downgrades in California general obligation debt are likely, even though the state's economy is showing signs of recovery, predicated Howard Cure, director of municipal research at Evercore Wealth Management, in a Barron's article by Randall Forsyth.

March 5, 2010
Howard Cure quoted by Reuters on California's long-term fiscal outlook; says future rating downgrades likely

Investors should be cautious about California's debt, as its GO debt ratings are hovering just above junk status, said Howard Cure, director of municipal research at Evercore Wealth Management, in an interview with Reuters. "We are pessimistic about the long-term fiscal situation in California, and we consider future rating downgrades likely."

March 3, 2010
Evercore Wealth Management's views on nuclear bonds cited in the Wall Street Journal

Financing a nuclear project involves considerable risk and investors should be cautious of the $2.5 billion debt issue by the Municipal Electric Authority of Georgia, said Howard J. Cure, director of municipal research for Evercore Wealth Management, in the Wall Street Journal article headlined Nuclear Bonds Test Muni Market Appetite for Risk.

February 24, 2010
Tim Evnin on outlook for U.S. Stocks; WSJ.com article

Tim Evnin, equity portfolio manager at Evercore Wealth Management, told WSJ.com reporters that stocks are rallying in part as investors react to reports that key senators are opposed to President Barack Obama's proposal to prohibit commercial banks from making certain risky bets with their own capital - a practice that has heavily contributed to Wall Street's profits the last few years.

February 22, 2010
Evercore Wealth Management Featured in the Family Wealth Report: The Challenge of Sustaining a Fast Start

Armed with an impeccable pedigree, Evercore Wealth Management's fast start has been extremely impressive, according to a recent Family Wealth Report feature article.

February 10, 2010
Ivy League debt well received amid increased scrutiny of investment policies; Howard Cure quoted in the Wall Street Journal

Investor reaction in Ivy League debt has been positive, despite increased scrutiny by regulators, because the Ivy Leagues have maintained high ratings, said Howard Cure, director of fixed income research for Evercore Wealth Management.

February 8, 2010
Roger Altman Profiled in Barron's Q&A: The Big Picture According to Evercore Partners

Roger Altman, the founder and chairman of Evercore Partners, was the subject of the Barron's Q&A Titled "A Time to Heal" by Lawrence Strauss. The wide-ranging interview covered the global political and economic outlook (Altman was previously Deputy Treasury Secretary of the United States), regulatory chances on Wall Street, the mergers and acquisitions markets and wealth management.

February 3, 2010
Reuters: Evercore Wealth expects bigger clients, deals.

Launched a year ago by Evercore Partners Inc (EVR.N) and run by former U.S. Trust Corp Chief Executive Jeff Maurer, Evercore Wealth recently reached the milestone of $1.5 billion of client assets under management.

January 25, 2010
Evercore Wealth Management Featured in American Banker

American Banker led a profile of Evercore Wealth Management and interview with chairman and CEO Jeff Maurer with the news that the firm signed a definitive agreement to buy Morse, Williams and Co. Inc. as part of its plan to acquire $5 billion in assets under management by its fifth of operation. The firm was founded a year ago.

January 25, 2010
Wall Street Journal: Evercore Wealth Builds Up, One Year After Launch

Evercore Wealth Management is in growth mode a year after launching during a worst-case-scenario environment, boosting its client assets to $1.5 billion and reached an agreement to buy Morse, Williams & Co., an investment adviser with $190 million in assets under management, said the Wall Street Journal.

January 22, 2010
Chris Zander Featured in the New York Times on Investing Bonuses

Investors are going to be a little more cautious with overspending, said Christopher Zander, Evercore Wealth Management's wealth advisor, in the New York Times article At Bonus Time, Less Appetite for Toys by Paul Sullivan.

January 19, 2010
Gary Gildersleeve Quoted in Reuters on Muni Prices

Yields are so low on money market funds that investors are developing more interest in municipal bonds, Evercore Wealth Management fixed income portfolio manager Gary Gildersleeve told Reuters in an interview on market conditions.

January 12, 2010
Evercore Wealth Management Report Featured in the Bond Buyer

The Bond Buyer based an article on New York Debt on the Evercore Wealth Management report Political Credit Risk in New York State

January 9, 2010
Chris Zander Quoted on Estate Planning in the New York Times

Uncertainty over the impact of estate taxes in 2010 will necessitate greater planning, Chris Zander, wealth advisor at Evercore Wealth Management, told The New York Times. For example, heirs may be responsible for capital gains taxes on any appreciated property when they sell it, forcing them to go back through decades of brokerage statements to calculate the difference between the value of something today and its original price.

December 17, 2009
Evercore Wealth Management Featured in Fundfire Article on Elite Wealth Firms

Evercore Wealth Management clients prefer transparency in holdings and in the investment thinking behind them — access not always available from a third-party manager, chairman and CEO Jeff Maurer told Fundfire in an interview. "Our clients like to talk to the portfolio manager about what's in the account and why it's in there. They want a customized portfolio and they want personalized tax efficiency."

December 1, 2009
Chris Zander named a top investment manager in North America by Citywealth

The 2010 Citywealth Magazine leaders list of wealth managers names Evercore Wealth Management partner Chris Zander as one of the top professionals in North America. Inclusion in the 11-person list was based on individual endorsements from 2000 or more professionals in wealth management or related fields and by high net worth and ultra high net worth clients. For more information on Citywealth, visit http://www.citywealthmag.com.

November 20, 2008
Ex-U.S. Trust CEO Maurer founds old-line boutique

New York-based investment bank and asset manager Evercore Partners has launched a wealth-management unit. Jeffrey Maurer, a former head of U.S. Trust, leads a team of portfolio managers and wealth planners culled from the ranks of Bank of America's Private Wealth Management (PWM) group.

November 18, 2008
Evercore Said to Hire Maurer, U.S. Trust Wealth Management Team

Evercore Partners Inc., the investment bank started by Roger Altman, hired former U.S. Trust Corp. Chief Executive Officer Jeffrey Maurer to lead a push into wealth management, a person familiar with the situation said.