The recent market volatility has caused stress, fear and even panic. But that emotional toil can be alleviated by constructing what we call “dedicated portfolios,” rather than blindly following the precepts of modern portfolio theory.
This century is barely 20% complete, yet investors have suffered through three extreme bear markets. Let’s look at which asset classes provided the much-sought diversification to offset losses in U.S. equities.
Economic devastation will not heal itself in months or quarters and disappear, even if the virus does. The implications of bankruptcy and joblessness and a host of other financial, psychological, and societal issues dictate the path going forward.
Ever wonder if you’re offending others on your Zoom calls?
With lower expected returns on the horizon, endowment managers are questioning whether standard annual spending rates will be sustainable and whether certain spending formulas are better suited for the muted environment investors face.
Elon Musk has emerged as arguably the loudest voice in corporate America advocating for the economy to reopen.
In all his years in the Texas oil patch, the billionaire Russell Gordy has never seen a bust like this.
Since he launched his technology-focused hedge fund in 2017, he has been running it from a home office.
Coping in the current pandemic is tough in many ways, including psychologically, so it’s no wonder that many therapists have seen business surge as clients turn to them for guidance amid the unknown.
Customers will be able to buy fractional shares with a minimum of $5 and a maximum of $10,000.
According to Niall Ferguson, the lesson from history we should embrace is that, despite the noble work of scientists, we won’t find a vaccine for COVID-19. As in the past, this disease is something we have to manage and live with.
Even among Wall Street luminaries, Fink speaks with particular clout. He has been advising President Donald Trump on navigating effects of the coronavirus pandemic. And BlackRock is playing a key role in the Federal Reserve’s efforts to stabilize markets.
With the breathtaking uncertainty created by the Covid-19 pandemic, simple formulas no longer work. Here's what helps now to value investments.
With the S&P 500 up more than 25% from its March low, pension funds and other investors are asking if they should buy portfolio insurance via protective puts and, if so, whether it’s cost effective.
With risk tolerance being tested for the first time in a decade, investors are reconsidering their risk appetites. Advisors have a plentiful choice of tools to assess investor risk tolerance. But the same isn’t true on the institutional side.
Retail, hospitality, travel, live entertainment and professional sports are some of the industries he sees continuing to struggle, but he disagrees with conventional wisdom that big cities like New York are doomed and warehouses are the smartest bet in commercial real estate.
Many Americans are wondering whether college is worth the enormous sacrifice, and they just might conclude that there must be a better way.
Last week industry trade associations and lobbyists, led by the FSI, petitioned the SEC for a new rule to authorize the SEC to tell advisers and brokers how to disclose conflicted fees.
This article describes the components necessary for special-needs planning.
I’ve pulled together the top five marketing questions I have received from the hundreds of advisors I’ve spoken to who are moving to independence.
You may not need to be active on every social media platform. It depends on the niche you target.
In some respects, my “new normal” is better for me than the old one.
Should I email an announcement about my mom’s passing to my clients?
Given the deep disruptions in your life and your practice from COVID-19, what I will share may seem illogical.
Buffett’s cautious reaction to the latest crisis drew plenty of attention from investors.
Plunging interest rates and volatile equity markets are creating a once-in-a-lifetime chance that’s keeping wealth advisers busy even as they work from home.
The “investor class” will have to pay for the ballooning debt stemming from the Covid-19 crisis, according to Jim Millstein.
As many of Advisor Perspective’s readers and contributors can testify, direct experience with the laws and regulations governing fiduciaries often leads to the conclusion that these rules were of, by and for the financial interests of the lawyers who made them.
Advisor Perspectives has announced its Venerated Voices™ awards for commentaries published in Q1 2020.
Your clients are typically blindsided before they come to me. They believe that Medicare is “free” or is largely subsidized because, “I paid into the system my whole life and now I have to pay what?”
I examine new research that offers a way to algorithmically determine how to draw down one’s savings.
This virus and the response to the pandemic are not new. It remains to be determined how much or how long it will change our lifestyle.
When you hear, “Let’s talk after things settle down,” it is a stall. Here’s how to respond.
The investment scene is beginning to resemble the 1929 market crash and the early 1930s Great Depression. This pandemic is likely to be the most disruptive financial and social event since World War II with equally long-lasting consequences.
Money managers are reviving one of the most profitable credit trades of 2009, thanks to the Federal Reserve.
As people around the world consume less oil, gas and coal, electricity generated from the wind and sun will keep flowing.
Jerome Powell set aside his usual reticence about commenting on fiscal policy and urged lawmakers to come up with further measures to support the economy.
Tiny investors signed up in droves for accounts at discount brokers like Schwab and TD. Their combined buying has helped the market claw back losses.
When parents start the planning process for a child with special needs, they usually work under the perception that if they create a special needs trust, the child will be taken care of and the needs will be met. Unfortunately, creating a trust does not ensure that.
A significant portion of my clients are in or are approaching retirement, but with a depleted nest egg. Many supplement their cash flow by starting a business, so here are some tips to guide them.
I am working on five key action items with clients to address some of the financial uncertainty many are experiencing.
In some ways the crisis presents an opportunity to rethink our business and get rid of a long-standing problem.
When the harsh reality of the pandemic hit, I took stock of my own situation. A declining portfolio was the least of my concerns.
How can you, as a leader in a profession that provides professional financial planning and money management services, reassure your team and your clients?
A range of services now aim expressly at helping celebrations continue, Covid-19 notwithstanding, whether you’re raising a glass to grown-ups or organizing a Harry Potter-themed scavenger hunt.
Linking executive pay with performance is set to gain much greater traction following the coronavirus outbreak, according to asset manager Nuveen.
The U.S. unemployment rate could rise to as high as 30% and could still be in double digits by the end of the year.
Small-business advocates from California to Massachusetts say the planned increases will reduce the number of people hired.
Shortages may come to grocery stores while farmers may likely have to cull millions of animals and bury them in mass graves.
Getting factories to reopen is one thing. Persuading consumers to go out to shop, eat, travel or watch sports is another.