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Weekend Reading For Financial Planners (March 9-10)

Nerd's Eye View

Also in industry news this week: A recent survey has found that a majority of prospective financial planning clients across all age brackets are open to working with a remote advisor, creating opportunities for advisors to grow their businesses and for clients to find the ‘best’ advisor for their needs, regardless of their location A federal (..)

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How to Talk About Risk Management With Your Clients

BlueMind

Category: Clients Risk. When it comes to their investment portfolios many tend to have a low-risk tolerance and with the unsettling economic situation with the ongoing pandemic, the word “risk” has become even more of a fearsome word for clients. Would they consider a 5% return worth taking a risk or 20%?

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What High-Net-Worth Prospects (Really) Want From A Financial Advisor

Nerd's Eye View

In the early days of wealth management, a financial advisor's value proposition was relatively explicit, typically focusing on a limited range of portfolio management activities (e.g., selling and trading) or on sales-oriented advice that centered on implementing insurance products.

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Stock Portfolio Monte Carlo Simulation in Excel

Risk Management Guru

Once the simulation has run, (virtually) millions of its results will produce a distribution of outcomes that can be analysed by the Risk Managers and displayed in a distribution chart. Heatmaps have inherent flaws and promote cognitive bias, with several deficiencies having been recognised among the experts in the Risk community.

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Transcript: Julian Salisbury, GS

The Big Picture

But what was interesting about that was the quick need to both separate the portfolio between the old stuff and the new stuff, because there were a lot of new investment opportunities. So you’re Chief Investment officer of Asset and Wealth Management. We just get to focus on assets and asset risk management.

Assets 299
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Forex Trading For Beginners – Learn Before You Trade

Trade Brains

Since effective risk management is the key to a profitable journey, new individuals must gain actual knowledge of currency markets. In this article, we shall explore forex trading with a better understanding of its basics and structure. Risk management is the key factor for traders to consider in trading.

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40% In Commodities? What?

Random Roger's Retirement Planning

Barron's had an interesting article about a BofA study showing that over a period of many decades an asset allocation of 60% equities/40% commodities outperformed an allocation of 60% equities/40% fixed income by 0.80% per year. An article at Vettafi about alternatives sent me down a short rabbit hole into GlobalX' lineup.