Active investment management’s weekly magazine for fee-based advisors

Editors’ Pick:

Why it’s critical to teach clients the importance of ‘behavioral adherence’

Volume 27, Issue 1



What happened to the case for active risk management?

What happened to the case for active risk management?

If formal risk-management strategies provided a demonstrable advantage versus passive strategies during the COVID-related decline of 2020, why is that story not coming out? And if there was no advantage, what does that mean for active risk management? [dropcap...

Understanding ‘rogue waves’ in the stock market

Back on March 19, I wrote the article "Stock Market Showing Another Example of ‘Rogue Wave’ Behavior." Figure 1 (from June 11) is an updated version of the chart from that article. The only change is that three more months’ of price data for the Dow Jones Industrial...

Targeting the financial education needs of retirees

James Bales, RFC, LUTCF • Newport News, VA James Bales Financial LLC • Centaurus Financial Inc. or the first 10 years, our firm extensively used financial education seminars for the public, especially...