Thought Leadership & Insights
Clear, Actionable Perspectives on Markets, Planning, and Enduring Wealth
At Nicollet Investment Management, we believe informed clients make the best decisions. Our insights, drawn from decades of serving affluent families, offer practical guidance on markets, wealth strategies, and life’s key transitions.
Explore curated articles, white papers, videos, tools, and guides below.
Market Outlook
Q3 2025
OCTOBER 6, 2025 Throughout the third quarter, markets continued their recovery from the lows we experienced in April. The S&P 500 is now up 14.83% year-to-date. Markets have justly rewarded the steadfast as always, but there have been some very positive, unique...
Q2 2025
JULY 7, 2025 It was a historic quarter, given the elevated market volatility due to political factors that affected the economy and markets, with an intensity we have not seen in a long time. The S&P 500 climbed an astounding 24.5% from the lows on April 8th to...
Advanced Wealth Strategies
Managing Large Equity Concentration Risk Concerns and Proven Strategies for Diversification, Hedging, Income, and Tax Efficiency
Executive Summary Large equity concentration — whether from company stock, founder shares, or a single high-performing holding — remains one of the most common and costly risks facing high-net-worth investors in 2026. While concentrated positions have fueled...
A Guide to Charitable Giving Strategies: Aligning Generosity with Smart Financial and Tax Planning
In 2024, Americans donated a remarkable $592.5 billion to charitable organizations — a figure that does not include informal gifts to family and friends. Charitable giving remains a vital part of both our economy and personal financial strategies. People give for many...
Navigating Key Milestones
Grandparents Gifting to Grandchildren
How a $100,000 Gift Affects College Financial Aid in 2026 Grandparents often want to help fund their grandchildren’s future — whether for college or other life milestones. With the annual gift tax exclusion at $19,000 per recipient in 2026 ($38,000 for married...
Creating and Managing a Liquidity Moat for Families with Wealth Concentrated in Closely Held Private Businesses
What Is a “Liquidity Moat”? For families whose wealth is primarily tied to a closely held private business, a liquidity moat is a dedicated, conservatively managed portfolio of publicly traded securities. Typical holdings include U.S. Treasuries, high-quality...