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In Memory of Our Founder

It is with profound sadness that we announce the passing of our founder, Gary D. Halbert. After a prolonged illness, Gary departed this world on November 15, 2023 and now rests with his Heavenly Father.

Gary, a native of Lubbock, Texas, and a graduate of Texas Tech University, furthered his education at the American Graduate School of International Management (“Thunderbird”) in Phoenix, Arizona, where he earned his Master’s Degree in International Business.

Following graduate school, Gary embarked on a career in the financial industry, initially with a multinational commodities company in Dallas, Texas. In 1977, he commenced writing a bi-weekly newsletter for his growing clientele, which later evolved into the Forecasts & Trends E-Letter.

In 1984, Gary and Debi Halbert founded ProFutures, Inc., a commodity pool operator. Subsequently, they established Halbert Wealth Management, Inc., an SEC Registered Investment Advisory firm specializing in alternative investments. Their unwavering commitment to innovation and excellence has left an enduring mark on our industry.

The loss of Gary is deeply felt by all of us, but we are dedicated to preserving and building upon the foundation he laid for HWM. Together, we will honor Gary’s memory by continuing to strive for excellence and upholding the values that define our company.

Our thoughts and prayers are with the Halbert family during this challenging time. May they find solace in the knowledge that Gary touched the lives of many and made an indelible impact on our company, our clients and the financial community at large.

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The Fed Open Market Committee which sets monetary policy meets next Tuesday and Wednesday (March 21-22) and is widely expected to raise its Fed Funds Rate target by a quarter point from 4.50%-4.75% to 4.75%-5.00%. The Fed has been raising its benchmark interest rate for over a year in an effort to slow US inflation.… Continue Reading

U.S Household Debt Hits A New Record High

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