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home
about us
Investment Approach
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Firm ADV PDFs
Form CRS
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Brochure Supplement Amit Stavinsky
Brochure Supplement Frank Parks
Brochure Supplement Dominick Savo
Brochure Supplement Richard Mason
Brochure Supplement Joe Estes
Brochure Supplement Jonathan Ezra
Statement Of Financial Strength
Job Opportunities
Tamar Advisors
Own Your Practice
Letter to Clients
member log-in
contact us
PRODUCTS
Fixed Income Portfolio (FIP)
FIP Program
Services, Fees and Compensation
Client Information
Client Contact with Portfolio Manager(s)
Sample Portfolio
Back Dated Performance Reports
Quarterly Performance Reports
Total Asset Market (TAM)
TAM sm Program
Services, Fees and Compensation
Client Information
Client Contact with Portfolio Manager(s)
Sample Portfolio
Back Dated Performance Reports
Quarterly Performance Reports
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TAF sm Program
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Back Dated Performance Reports
Quarterly Performance Reports
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Back Dated Performance Reports
Quarterly Performance Reports
Total Asset Value (TAV)
TAV Program
Services, Fees and Compensation
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Client Contact with Portfolio Manager(s)
Sample Portfolio
Back Dated Performance Reports
Quarterly Performance Reports
Municipal Bonds
Taxable Bonds
Par, Premium, and Discount Bonds
Rating and Analyzing Bonds
Refunding & Pre-refunding
Bond Yields
Yield Curve
Secured Bonds
Mortgage Bonds
Unsecured Bonds
Debentures
Subordinated Debentures
Zero-Coupon Bonds
Convertible Bonds
High Yield Dividend Stocks
Independent Money Managers
Fees & Compensation
Corporate Cash Management
Fees & Compensation
Estate Planning
Financial Planning
Client Service Approach
Client's Responsibilities
Fees
Implementation
Legal Services
Termination
Professional Alliance Network
Client Service Approach
Client's Responsibilities
Fees
Implementation
Legal Services
Termination
MUNICIPAL BONDS
Municipal Bond Presentation
About Us
The Management
Global Asset Allocation Products
FIP Program
Classifying Municipal Bonds
Revenue Bonds
Credit Factors Affecting General Obligation Bonds
Credit Factors Affecting the Quality of Local Municipal Bonds
Analyzing the Credit Quality of General Obligation Bonds
Analyzing the Credit Quality of Revenue Municipal Bonds
What We Normally Buy
What We Normally Don’t Buy
Municipal Bonds – Unique Asset Class
Default Rates
Yield Difference
Turnkey Operation Platform
Advantages of Our Bid Wanted System
Advantages of Our Clearing System
Preferred Custodian Settlement
Advantages of Same-Day Allocation
TSL’s Turnkey Operation Platform
Classifying Municipal Bonds
Revenue Municipal Bonds
Types of Revenue Municipal Bonds
Industrial Development Revenue Bonds
Lease-back Bonds
Special Tax Bonds
NHA/PHA Bonds
Moral Obligation Bonds
Municipal Notes
TANs/RANs
BANs
CLNs/GANs
Variable Rate Bonds/Notes
Build America Bonds
Double-Barreled Bonds
Bond Index Components
Open-end-Closed-end-Indenture
Sinking Fund
Bond Contracts
Bond Indenture
Official Statement
Bond Issuance Process
Analyzing GO Bonds
Analyzing Revenue Bonds
Debt Ratios
General Price Analysis of Municipal Bonds
Liquidity
Interest Rate Risk
Credit Risk
Coupon Risk
Maturity Risk
Municipal Bond Insurance
Municipal Bonds Unique Asset Class
Default Rates
What We Buy Currently
What We Normally Don’t Buy
Turnkey Operation Platform
Advantages of Our Bid Wanted System
Advantages of Our Clearing System
Preferred Custodian Settlement
Advantages of Same Day Allocation
Traditional Broker/Dealer Execution Flow
TSL's Turnkey Operation Platform
INDEX FUNDS
Total Asset Fund (TAF)
TAF® Program
Services, Fees and Compensation
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Client Contact with Portfolio Manager(s)
Additional Information
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Back Dated Performance Reports
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Event Schedule
Total Asset Fund (TAF sm) Presentation
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Event Schedule
Market Value Securities (MVS sm) Presentation
Featured Event
Calendar of Events
Events History
Investing During Uncertain Times
Read FULL Seminar Here
Tax-Free Income Seminar
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Hermes Intl Sa Unsp/Adr
(OP:
HESAY
)
223.78
-1.12 (-0.50%)
Streaming Delayed Price
Updated: 4:00 PM EDT, Mar 10, 2026
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The Great American Divergence: A Deep Dive into the 2026 K-Shaped Consumer Recovery
March 09, 2026
As of March 9, 2026, the United States economy presents a jarring paradox that has left analysts and policymakers grappling with a two-tiered reality. While the headline figures suggest a resilient...
Via
MarketMinute
Topics
Credit Cards
Economy
World Trade
The K-Shaped Divide: Stock Market Riches Fuel Affluent Spending While Inflation Squeezes the Main Street Wallet
February 06, 2026
As of February 6, 2026, the American consumer landscape has fractured into two distinct realities, creating a "K-shaped" economic environment that is redefining the retail and service sectors. While a...
Via
MarketMinute
Topics
Credit Cards
Economy
The Wealth Dividend: How Asset Appreciation Is Keeping the US Economy Afloat in 2026
January 15, 2026
As of mid-January 2026, the American consumer has defied nearly two years of recessionary warnings, but the engine of this resilience has undergone a profound shift. The U.S. economy is currently...
Via
MarketMinute
Topics
Artificial Intelligence
Credit Cards
Economy
The Great Retail Rift: Why 'Value' and 'Ultra-Luxury' are Winning the 2026 Market
January 13, 2026
As the first two weeks of 2026 draw to a close, a stark divergence has emerged in the global equity markets, revealing a "K-shaped" reality for the retail sector. While the broader indices have...
Via
MarketMinute
Topics
Artificial Intelligence
ETFs
Economy
K-Shaped Economy Fuels Luxury Boom: 10 Stocks To Watch Now
↗
November 13, 2025
Luxury spending surges in the U.S. as wealthy consumers drive demand, even while mass-market sentiment and job prospects deteriorate sharply.
Via
Benzinga
Topics
Economy
4 Stocks To Consider Buying As Luxury Spending Keeps Rising
↗
November 12, 2025
Via
Benzinga
US Dollar Drops on Report of Trump Tariff Plan Shift
↗
January 09, 2025
Via
Benzinga
Topics
Government
Hermès: A Fantastic Business
↗
July 31, 2024
Hermès is a very interesting brand. It relies solely on craftsmanship and savoir-faire to manufacture its goods.
Via
Talk Markets
Hermès International Hits Record €13.4B Annual Revenue, Up 21% In Q4
↗
February 09, 2024
Hermès International SA celebrates a strong performance with €13.4 billion in annual revenue.
Via
Talk Markets
Prediction: 2 Stocks That Will Be Worth More Than Palantir 5 Years From Now
↗
October 19, 2025
These stocks are trading at reasonable valuations and have sustainable tailwinds.
Via
The Motley Fool
Topics
Artificial Intelligence
Economy
Magnificent 7 Crush EU Giants—Jamie Dimon Tells Europe: 'You're Losing'
↗
July 11, 2025
Jamie Dimon warns Europe is falling behind the U.S. economically. Market caps show an even wider gap as U.S. tech giants dominate.
Via
Benzinga
Trump Tariff Threat Hits Europe: Stocks Sink As 50% Duties Loom
↗
May 23, 2025
European stocks tumbled after President Trump threatened a 50% tariff on EU imports starting June 1, targeting a $250 billion trade deficit.
Via
Benzinga
Topics
Government
World Trade
This Luxury Giant’s Stock Is Dirt-Cheap
↗
January 31, 2024
LVMH stock is suffering from a classic conglomerate discount. Let’s take a look.
Via
Talk Markets
Hermes International 1Q Sales Jump 23%, Sees Ambitious Goal For Revenue Growth
↗
April 14, 2023
Via
Benzinga
6 Stocks to Buy as European Markets Soar
↗
February 26, 2025
Via
Benzinga
EXCLUSIVE: Luxury Is 'Going For A Critical Turnaround,' Tema ETF CEO Says
↗
October 19, 2024
Luxury market at turning point, true luxury brands to outperform, aspirational brands face challenges. China stimulus may not boost demand.
Via
Benzinga
Topics
ETFs
European Stock Gains May Falter On Geopolitical, Economic Fears
↗
September 30, 2024
Via
Benzinga
3 French Luxury Stocks You Can Snag for a Bargain
↗
July 24, 2024
The french luxury stocks look to be on sale for the summer season. Why the recent dip may be an opportunity.
Via
InvestorPlace
Households Traveling Abroad Jump Nearly 30% Since 2019: What It Means For Airline, Foreign Luxury Stocks
↗
July 11, 2024
Rising wealth and a strong labor market have led to a 30% increase in U.S. households traveling abroad since 2019, despite economic uncertainties. Luxury and bargain spending trends have emerged,...
Via
Benzinga
3 Luxury Retail Stocks That Are Perfect Fit for Your Portfolio
↗
July 10, 2024
Invest in these three luxury retail stocks, thriving on exclusivity and high-end clientele despite the economic slowdown
Via
InvestorPlace
3 Luxury Stocks That Are Worth the Splurge
↗
June 05, 2024
The luxury stocks may be worth checking out if you seek exposure to the highest end of retail at a compelling discount.
Via
InvestorPlace
The 3 Best Luxury Stocks Catering to the Affluent Consumer
↗
May 03, 2024
Many high-end companies have consistently outperformed the market. Here are three stocks to buy that are positioned for sustained success.
Via
InvestorPlace
3 of Europe’s ‘Magnificent 18’ Stocks That You Can Buy in the U.S.
↗
April 30, 2024
The Magnificent Seven is so yesterday. The new trend is to invest in some of the top European stocks, dubbed the Magnificent 18.
Via
InvestorPlace
3 Luxury Retail Stocks Tailor-Made for Growth
↗
January 08, 2024
Luxury retail stocks are poised to gain excellence amid compressed stock prices paired with robust industry-based fundamentals.
Via
InvestorPlace
7 Stocks Making Bank on the Heels of Increased Consumer Spending
↗
November 07, 2023
Continuously strong consumer spending is making these stocks must buys as the U.S. economy proves resilient.
Via
InvestorPlace
Topics
Economy
These Luxury Retail Stocks Have Been Crushing the Market for the Past Decade
↗
August 05, 2023
Hermes and LVMH Moet Hennessy have been beating the market for years.
Via
The Motley Fool
China's Growth Disappointment Is Moving Stocks Monday: Tencent, PDD Holdings And Luxury Goods
↗
July 17, 2023
Via
Benzinga
Why Ferrari, Hermès, and Coca-Cola Are No-Brainer Buys Right Now
↗
April 18, 2023
What do sports cars, handbags, and sodas have in common? These brands are well insulated from the macro headwinds.
Via
The Motley Fool
French CAC 40 Index Rockets To New Heights On Luxury Stocks' Wings As US Inflation Rate Slows
↗
April 12, 2023
The French CAC 40 stock index, which is tracked by the iShares MSCI France ETF (ARCA: EWQ), reached an all-time high on Wednesday, as U.S.
Via
Benzinga
LVMH: A Storied Company That's Feasting On Insatiable Demand For Luxury Goods
↗
March 11, 2023
The rich are different, and there are potentially enormous profits for those who invest in companies catering to them. One example is LVMH Moët Hennessey.
Via
Talk Markets
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