We’d encourage caution here. Historically, many large IPOs have debuted at elevated prices before going through a period of underperformance — even for companies that ultimately proved successful. Rather than acting on excitement, a more prudent path is to let your broadly diversified portfolio add these positions organically. That way, if these companies perform well, your portfolio may participate in some of that growth — and if they stumble early, you haven’t taken an outsized position at a potentially unfavorable time.
We exist so you don’t have to worry about money. For more than 40 years, we’ve taken the sophisticated, time-tested approach that many ultra-high net worth individuals use to help manage their financial lives and made it accessible to more families.
