Greg Gann • Baltimore, MD
Gann Partnership, LLC • LPL Financial
I think many advisors rely on outdated, 30-year-old investment models—the old asset-allocation pie charts—for their clients today. I feel that far too many folks, for their 401(k) plans or otherwise, have far too much of their net worth tied into passive stocks and bonds.
I am always looking for things that don’t depend on the stock market to go up in order to have profits and growth—things not necessarily correlated to equities and bonds.
My first career phase was working as a real estate developer, and I have been a believer in income-producing real estate investments ever since. It has tended to be one of the greatest creators of wealth. Yes, there have been real estate busts, but it is just one piece of the puzzle.
Our approach is along the lines of alternative investments as used within an endowment fund for a major university. We do believe in allocations to stocks and bonds, dependent upon the client’s investment objectives. But these are actively managed with an eye toward risk management and employing both offense and defense. Even a 10%-20% diversified allocation outside of stocks and bonds may help lower risk and improve returns over the long haul.
Disclosure: Securities and advisory services offered through LPL Financial, a registered investment advisor. Member FINRA & SIPC. Gann Partnership, LLC is not an affiliate company of LPL Financial.
LPL Financial, Inc., disclosure as it relates to Greg Gann: The opinion voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. All performance referenced is historical and is no guarantee of future results. There is no guarantee that a diversified portfolio will enhance overall returns or outperform a non-diversified portfolio. Diversification does not protect against market risk. Investing involves risk including loss of principal.
Photography by Mike Morgan
