Ronnyjane Goldsmith

Ronnyjane Goldsmith is a Wealth Manager and she focuses on development of long-range financial strategies, retirement plan designs and municipal bond financing. She brings a unique combination of public and private sector experience to SIG Wealth Management.

Goldsmith, a Ford Foundation Fellow, received her Ph.D. in Behavioral Science from Temple University.  In 2007 she was inducted into the Temple University Gallery of Success as one of 34 out of 250,000 living alumni who have distinguished themselves in their professional fields. 

Goldsmith dedicated the first half of her professional life to public service, holding appointed positions in Pennsylvania, Maryland, and California. During this time, she was the recipient of numerous awards for excellence in financial reporting and investment management. 

Goldsmith's dedication to public service, well documented by newspapers throughout her career, is best illustrated by the retirement and benefit plans she developed and implemented. These plans include The Pennsylvania Senior Citizens Property Tax and Rent Assistance Program that has directed more than $200 billion to programs for elderly and disabled residents since 1972 and The Baltimore City Variable Benefit Retirement Plan that increased benefits for retirees and beneficiaries by up to 17% without increasing plan or employee costs.

As the finance official responsible for funding the $6 billion construction of the Los Angeles rail system, Goldsmith was the largest issuer of municipal bonds in the United States. 

In addition to her  public responsibilities, while still in her twenties, Goldsmith was a candidate for the State Legislature in Pennsylvania. She also found time to teach at Temple University, Lehigh University and Johns Hopkins University. 

In 1998 Goldsmith left public service to become a private wealth manager first at Merrill Lynch, then Morgan Stanley and presently at Steward Partners where she is a Managing Director and Partner and where she founded SIG Wealth Management. SIG Wealth Management provides wealth management services by referral only to a select number of clients on both the east and west coast.

Goldsmith currently oversees a discretionary municipal bond portfolio designed to take advantage of market inefficiencies in order to increase yield and discretionary index ETF and stock portfolios designed to enhance return by overweighting undervalued economic sectors that generate significant dividends or exhibit strong momentum.  

At the same time Goldsmith left public service to be a private wealth manager she established SIGGiving. SIGGiving supports programs providing medical assistance to children without hope; programs improving access to higher education for children without family support or financial resources; and programs to preserve our national heritage. As of 2022, through SIGGiving, 41 SIG Scholarships have been awarded to students at Temple University and City College of New York.

Goldsmith recently completed writing Temple Made. Profiles in Grit about alumni from Temple University who started from modest beginnings and rose to the pinnacle of their professions. The proceeds from the sale of Temple Made. Profiles in Grit are dedicated to the Temple University Alumni Scholarship Fund. Publication is scheduled for October 2021. Goldsmith is currently writing CCNY Made. Profiles in Grit about alumni from City College of New York. The proceeds from the sale of CCNY Made. Profiles in Grit are dedicated to The Delancey Street Fund at CCNY.

Goldsmith divides her time between Palm Beach, Washington D.C., and San Francisco.

Interest on municipal bonds is generally exempt from federal income tax. However, some bonds may be subject to the alternative minimum tax (AMT). Typically, state tax-exemption applies if securities are issued within one’s state of residence and, local tax-exemption typically applies if securities are issued within one’s city of residence. The tax exempt status of municipal securities may be changed by legislative process, which could affect their value and marketability.

Bonds are affected by a number of risks, including fluctuations in interest rates, credit risk and prepayment risk.  In general, as prevailing interest rates rise, fixed income securities prices will fall.  Bonds face credit risk if a decline in an issuer's credit rating, or creditworthiness, causes a bond's price to decline.  Finally, bonds can be subject to prepayment risk. When interest rates fall, an issuer may choose to borrow money at a lower interest rate, while paying off its previously issued bonds. As a consequence, underlying bonds will lose the interest payments from the investment and will be forced to reinvest in a market where prevailing interest rates are lower than when the initial investment was made. 

Keep in mind that individuals cannot invest directly in any index, and index performance does not include transaction costs or other fees, which will affect actual investment performance. Individual investor's results will vary. Past performance does not guarantee future results.