As we step into 2026, the global economy continues to navigate shifting market dynamics, technological innovation, and evolving geopolitical challenges. Headlines have been dominated by discussions of inflationary pressures, the resilience of labor markets, and the transformative impact of artificial intelligence on industries worldwide. In this ever-changing landscape, William Blair remains steadfast in its commitment to guiding clients with clarity, expertise, and a forward-looking perspective.

In this edition of Client Focus, we are celebrating the 300th edition of our Current Better Values list, which represents far more than just stock picks. Fifty years ago, when the list was initially developed, our goal was to identify high-quality business models during their emerging growth phase. That goal has stood the test of time, and we are excited to share a short film documentary, An Investment Philosophy in Motion, that offers a more detailed look into our research process.
William Blair colleagues Chris Braithwaite and Andrew Hansen share actionable insights for entrepreneurs and business owners on pre-liquidity planning and preparing for the transaction process. Olga Bitel and Alexa Davis share their thoughts on why innovation still prevails in an intense debate for the Perpetual Growth Machine (PGM) framework. PGM offers a lens for understanding economic progress across market cycles, geographies, and industries.
In an increasingly complex socioeconomic environment, we often receive questions from clients such as, “Is there a way for my capital to do more?” Venture philanthropy, the discipline of investing in a mission of philanthropy, can be the answer. Our Philanthropy and Sustainability team partners closely with our Private Wealth Management wealth advisors to offer guidance that reflects both financial stewardship and philanthropic intention.
Lastly, our Private Wealth Management team reminds us that the new year is a perfect time to review your financial strategy and position yourself for success.
Thank you for your continued trust in William Blair. We are honored to partner with you on your journey and remain committed to helping you achieve your goals. If you have any questions or feedback, please don’t hesitate to contact me directly at CEOPerspective@WilliamBlair.com
Sincerely,

Brent Gledhill
President and CEO



