by Richard Lehman | Jul 11, 2018 | UpClose |
While there is no way to eliminate all market risk, an actively managed portfolio with an emphasis on risk management may produce less stress than a passive portfolio for both advisors and their clients. In my 35-year career in and around Wall Street, I...
by Miranda Carr | Jun 13, 2018 | UpClose |
When advisors understand the unique motivators, biases, and constraints of each of their clients, they can put them in appropriate portfolios that help mitigate detrimental behavior. Advisors who apply behavioral finance principles in their practice can...
by Richard Lehman | Feb 28, 2018 | UpClose |
It can be argued that the academic community and day-to-day practitioners in the advisory world have yet to discover a truly effective and scientific way to evaluate client risk profiles. Breakthroughs in the science of risk assessment will ultimately...
by Jerry Wagner | Feb 7, 2018 | UpClose |
A dynamic, risk-managed investing approach can help minimize the downside in bear markets. That goes a long way toward ‘beating the market’ through full market cycles. Reading Dr. Edward Thorp’s 1967 book “Beat the Market” in the summer of 1968 changed...
by David Wismer | Jan 31, 2018 | UpClose |
Individual investors have well-documented behavioral biases that can be detrimental to their investing health. Do financial advisors exhibit similar behavioral weaknesses? The 2017 Nobel Prize in economic sciences was awarded to Dr. Richard Thaler of...
by Richard Lehman | Jan 3, 2018 | UpClose |
Most investors do not behave in ways that are consistent with the theoretical benefits of long-term passive investing. They will likely be better served by an actively managed approach. The fact that we are still debating the merits of active versus...
by Linda Ferentchak | Nov 1, 2017 | UpClose |
It is different this time: The impact of demographics on sequence-of-returns issues. It isn’t a question of if the next bear market will occur, but when. But this one will be different. It has the potential to be a financial superstorm. Like all major...
by David Wismer | Oct 18, 2017 | Advisor Interviews |
Arnie Beck, EA, JD, AIFA • Folsom, CA Financial Management Associates • Securities America, Inc. Read full biography below Proactive Advisor Magazine: Arnie, please talk about your mission in serving clients and how you think your services are...
by Richard Lehman | Oct 4, 2017 | UpClose |
As the advisory profession moves further into goals-based wealth management, advisors should prepare themselves for more frequent forays into behavioral psychology and human social behavior. For nearly half a century, financial-planning and...
by Chris White | Sep 20, 2017 | UpClose |
Advisors will benefit from a sophisticated and nuanced understanding of the various emotional and psychological factors that drive our clients’ thinking about investing, wealth management, and estate planning. When it comes to forging strong client...
by Jerry Wagner | Aug 23, 2017 | UpClose |
Clients’ long-term investment objectives should be directly related to the important goals in their lives—not the highs and lows of a stock index on a daily chart. It was the fall of 1956. Action from the World Series blared from the radio. It was...
by Richard Lehman | Aug 2, 2017 | UpClose |
While technical analysis has its roots in practices thousands of years old, advances in technology, behavioral psychology, and artificial intelligence will lead the next transformation of the discipline. Origins of technical analysis Technical analysis...
by Linda Ferentchak | Jul 12, 2017 | UpClose |
While bear markets are inevitable, will their impact be exacerbated by the growth of passive index funds—and the accompanying “madness of crowds”? One of the fun aspects of having children is re-exposure to some great kid-friendly literature. In a...
by Greg Gann | Jun 7, 2017 | UpClose |
Focusing on risk management and protection against market downturns can result in some market underperformance, especially when the market remains elevated for an unusually long period of time. How do advisors cope with clients who lose confidence in...
by David Wismer | Jun 7, 2017 | Advisor Interviews |
Jack Dominge, CFS • Sunnyvale, CA Uptrex Wealth Advisors • SCF Securities, Inc. Read full biography below Proactive Advisor Magazine: Jack, what motivated you to become a financial advisor? I grew up in a family of educators in the San Francisco area,...
by David Wismer | May 3, 2017 | UpClose |
Insights on the advancement of active investment management from the 2017 Market Technician Association’s 44th Annual Symposium. I recently had the privilege of attending the Market Technicians Association’s (MTA) 44th Annual Symposium, held in early...
by State Street Global Advisors | Apr 26, 2017 | UpClose |
Practical guidance for advisors and their older clients and their families on the issue of dealing with cognitive decline and its impact on investment planning and decision-making. Editor’s note: We are pleased to present part II of an abbreviated...
