by Richard Lehman | Nov 7, 2018 | UpClose
There’s more to using alternative investments than analyzing correlations and volatility. For financial advisors and their clients, sizing up perceptions and expectations of this growing investment category is a critical first step. Once the exclusive...
by Richard Lehman | Sep 12, 2018 | UpClose
For financial advisors, understanding core financial concepts such as variance, portfolio volatility, and systematic risk are one thing. Reckoning with their psychological effects on clients is another. Investment professionals are, of course,...
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...
