Matthew Patten is CEO and Investment Portfolio Manager at Cutler Investment Group. He is a graduate of Jacksonville Elementary School and South Medford High School. Matt earned BA degrees in Economics and Environmental Geo-Sciences from Boston College and a MBA from the University of Chicago.
Erich Patten is President and Chief Investment Officer at Cutler Investment Group. He is a graduate of Jacksonville Elementary School and South Medford High School. Erich earned a BS in Economics from the Wharton School, University of Pennsylvania, and a Masters in Public Policy from the University of Chicago. 
AS YOU THINK ABOUT planning your retirement expenses, Medicare plays an essential role. This US government healthcare plan, established in 1965, serves as the insurance plan for over 65 million Americans. Medicare can be very confusing, with significant penalties for missed deadlines. For those who have not yet signed […]
IF THERE IS ONE THING that keeps our clients up at night, it is the question, “What will my health care costs be in retirement?” Of course, the answer to this question depends on the health and longevity of each individual client, but we can use actuarial estimates to […]
AS WE BEGIN A NEW YEAR, we can’t help but ask if 2024 will be the year that everything finally feels “normal” for investors. Stocks and bonds have been trying to escape the shadow of the pandemic, but lingering inflation has been a reminder of the lasting impacts of […]
Taxes are something that are always on investor’s minds. With record-high fiscal deficits and the “sunsetting” of the Trump tax cuts after 2025, a lot of people have raised concerns that their future tax rates will be going up. Last month we tackled the subject of gifting and […]
It’s that time of year when Jacksonville lights up in all its holiday splendor. And as we approach year-end, many of us will be thinking about gifts. Perhaps for you this means buying gifts at one of our California Street boutiques. But for some, it may also mean giving […]
The broader US economy is built upon the successes of small businesses. In fact, there are nearly 27 million small businesses nationwide! And Jacksonville is no exception. As anyone can tell from walking down California Street, small businesses are the lifeblood of our community. As an entrepreneur, you work […]
The Federal Reserve’s recent tightening cycle, initiated in 2022, is making waves in the everyday lives of ordinary Americans—from Wall Street all the way to California Street, here in Jacksonville. The rate hikes, aimed at curbing inflation and stabilizing the economy, affect everything from car loans to credit card […]
Asset allocation—it’s a term you may have come across in conversations with financial advisors, CPAs, estate attorneys, or while watching business news channels. But what exactly does it mean, and why is it important for your investments? This month let’s go back to basics and talk about portfolio construction.
At […]
This article is not written by a robot. At least, not yet. But we’ve all heard about the coming “artificial intelligence” revolution. ChatGPT, the language model now owned by Microsoft, has in just a matter of a few months exceeded 100 million users. But, unlike social media (which makes […]
“The Fed will keep raising rates until something breaks!” is an often-repeated Wall Street axiom. Well, this past quarter when Silicon Valley Bank (SVB) failed, something broke. But can it be fixed?
The stress in the banking sector is not entirely surprising. Nearly all of us are aware that our […]
What makes a good investor? There is no single answer to that question. Some people would say that “luck” is the best course of action, while (similarly) others might say “timing.” We would agree! These definitely are keys to success, but unfortunately they are not something that we can […]
We’ve spent much of 2022 working off the fiscal and monetary excesses of the pandemic economy; excessive amounts of cash creation coupled with excessive lengths of time with suppressed interest rates. These mistakes led to excessive purchases of speculative asset classes such as cryptocurrencies (even dogecoin had its […]
To help combat persistently high inflation rates coming out of the pandemic economy, the Federal Reserve has increased the short-term lending rate from essentially 0% to 2.25% this year. Even more rises are anticipated, with the majority of future bets currently predicting that we will end the year with […]
Let’s take a break from all the debate about inflation and recession to provide some real hard hitting investment advice relating to one of history’s greatest storytellers—Aesop. Aesop was born in 620 BC, and storytelling in Ancient Greece was likely not the most lucrative career. But Aesop had a […]
A recession is not “officially” determined by two straight quarters of negative Gross Domestic Product (GDP) readings, but that definition has been used for so long that is has become accepted as fact. And after one of the worst starts to the year in history for stocks, the debate […]
After first quarter US Gross Domestic Product shrank 1.5%, and with second quarter GDP trending toward 0%, recession concerns are appropriately on investors’ minds. A recession is typically defined as “two quarters of negative growth,” and whether or not the US officially meets these numbers—unofficially, things sure feel that […]
There are a lot of free tools out there to help with financial planning. Most real estate websites will have a mortgage calculator. With rising mortgage rates, knowing what is affordable is essential for a prospective homebuyer. Another common tool asks, “Have You Saved Enough for Retirement?” If you’ve […]
Yield curves are supposed to slope upward. For example, if you loaned your neighbor $1000 for a day, you’d probably ask for $1000 tomorrow. But, if the loan were for a year, perhaps you’d ask for $1100. How much would you ask for if the loan was for 30-years? […]
Cutler has long been a supporter of the Boy Scouts. We provide volunteer hours, financial support, and have kids enrolled in the program. And, if there’s one thing that Scouting has taught us, it’s that you should always “Be Prepared.” This has been the Scouts’ motto since the organization […]
February is a month where we celebrate many things. President’s Day comes to mind, and with it a long weekend. Super Bowl Sunday should be a national holiday. And, of course, there’s Valentine’s Day. This month, let’s talk about love. And finance. Okay, words that don’t often go together. […]
From all of us at Cutler Investment Group, Merry Christmas! In past December Jacksonville Review articles, we have taken this space to highlight some year-end housekeeping items that investors should be aware of. Tax-loss selling is at the top of that list, which is selling your stocks that […]
A few articles ago, we identified inflation as something to keep an eye on. And sure enough, inflation has been putting on a show! Housing prices in Jackson County were up almost 25% in the 12-months ending in last May. The median house price in Jacksonville is now over […]
This past month, I completed a “bucket list” item—climbing Mt. Rainier. It took months of training, and all 14,411 feet were challenging, but it was also immensely rewarding. And at times terrifying. There were also a few lessons for a financial advisor along the way!
The final day began with […]
Inflation is on everyone’s mind these days. Looking at Google Trends data, May searches for “Inflation” reached the highest level since Google began tracking, nearly double the number of searches as recently as last fall. Should investors be scared of inflation? What should we be doing to position portfolios […]
Dogecoin (pronounced dowzh·koyn) traded at $.0054 on January 1st. By May, the price has reached over $.70- or over 12,000% higher! “Crypto-currency” has become the cocktail party (remember those!) conversation of the day. But, caveat emptor, this month’s article is a brief history of financial bubbles.
Bubbles have typically been […]
The financial response to this ongoing (and hopefully soon subsiding) pandemic has been enormous. And while that has helped to stabilize at-risk households and to boost many stock indexes to record highs, it has also led to increasing concerns about prospects for inflation. Total Covid-related Federal expenditures are approaching […]
Are you familiar with GameStop? If so, you probably know it as a place to buy and sell video games. But, for a brief moment, it was the center of the investing universe. (NYSE:GME) GameStop, like many retail stores, struggled in 2020 and had, understandably, seen its share price […]