James Hendries

JULY 13, 2022

Increased equity exposure in tactical asset allocation from 62% to 65%. Reduced low duration core bond allocation and increased allocation to small cap equities. The Strategic and Tactical Asset Allocation Committee (STAAC) changed its recommended asset allocation for July, shifting from core bonds to small cap equities.

Portfolio 52

Portfolio Asset Allocation Taxes Investment Advisor 52

eMoney Advisor

MARCH 21, 2023

Focus on Planning and Investing Opportunities Beyond the communication and comfort you can provide to your clients when markets are fluctuating, there are a number of tangible planning and investment opportunities that are within your control that should also be explored. Loss Aversion: Definition, Risks in Trading, and How to Minimize.”

Financial Planning 72

Financial Planning Planning Marketing Marketing 72

The Big Picture

JUNE 6, 2023

When I think back to some of the most painful moments over a 20-year career, that is definitely one. There’s definitely some ways to save money. And they do that for 35 years tweaking numbers I go you won, you won the game. In fact, here’s the phone number you call, and you will get your $37 fee waived.

Accounting 130

Accounting Numbers Budgeting Financial Counseling 130

Random Roger's Retirement Planning

JULY 15, 2023

We wrote a few posts last year about the Rational ReSolve Adaptive Asset Allocation Fund (RDMIX) which is intended to be an all weather strategy. For equity exposure, for someone who needs equity market growth for their numbers to work, I believe you gotta have something close to a normal allocation to equities (repeated for emphasis).

Management 68

Management Asset Allocation Portfolio Assets 68

James Hendries

AUGUST 15, 2022

The Strategic and Tactical Asset Allocation Committee (STAAC) made no changes to its recommended asset allocation for August. It is expressed as a number of years. For a list of descriptions of the indexes referenced in this publication, please visit our website at lplresearch.com/definitions.

Portfolio 52

Portfolio Asset Allocation Taxes Investment Advisor 52

The Big Picture

JULY 11, 2023

It’s actually great and especially because you can do some basic kind of asset allocation models, so the robo-advisor… RITHOLTZ: Right. ” Who are the number one users of TurboTax? And you see that in the numbers, right? You have half the number of public companies that you had in 2000. RITHOLTZ: Right.

Management 222

Management Investing Investments Assets 222

The Big Picture

AUGUST 29, 2023

And it worked out and had multiple job offers coming out of school from a number of different insurance companies. I had a number of relationships that I built up and had another job lined up in New York City. DAVIS: So when we think about how those teams are evaluated, it’s a three-year number. So how did you perform?

Portfolio 130

Portfolio Investing Investments Numbers 130

Dear Mr. Market

MAY 27, 2022

For starters, yes indeed the definition of a bear market is when we’ve drawn down -20% from a fresh market high. There have been a few times in recent history where we didn’t officially touch that magic number (2018 for example) but it was still an absolutely miserable environment. So how should you approach a bear market?

Marketing 52

Marketing Marketing Asset Allocation Assets 52

The Irrelevant Investor

JULY 19, 2016

It's the assets you have to worry about. By definition, everybody can't beat the market. These are two of my favorite quotes From The Intelligent Asset Allocator : Asset allocation is the only factor affecting your investments that you can actually influence. He taught me that asset allocation matters.

Investing 52

Investing Investments Asset Allocation Assets 52

The Big Picture

SEPTEMBER 19, 2023

00:12:53 [Speaker Changed] I think number one, the team, my team at Goldman and the, a broader team even and the team at Maryland are, are some of my favorite people. And I have to say Goldman Sachs definitely runs at 160 miles an hour. New York is number one. But it’s definitely a challenge.

Assets 147

Assets Management Investing Investments 147

The Big Picture

NOVEMBER 8, 2022

Jeremy called and said, “Would you like to join the asset allocation team?” So he wanted a sort of non-quanty view input into the asset allocation process. And GMO was still sitting on a massive emerging market position in the asset allocation team. And that definitely belongs to the Library of Mistakes.

Banking 147

Banking Valuation Economy Investing 147

James Hendries

DECEMBER 12, 2022

The Strategic and Tactical Asset Allocation Committee’s (STAAC) S&P 500 year-end fair value target of 4,000-4,100 is based on a price-to-earnings ratio of 17.5 It is expressed as a number of years. Core bonds, as measured by the Bloomberg Aggregate Bond index, were up 3.7% All index data from FactSet.

Portfolio 52

Portfolio Taxes Asset Allocation Investments 52

James Hendries

DECEMBER 4, 2022

Retail sales data from the Census Bureau (we focus on the Retail Sales excluding Food Service, Autos, Building Materials, and Gas Stations statistics) has shown year-over-year growth, slow from the average mid-teens numbers seen in 2021, to a still healthy upper-single digits number in 2022 [Figure 2]. All index data from Bloomberg.

Retail 52

Retail Marketing Marketing Sales 52

Brown Advisory

OCTOBER 4, 2021

Considering Climate within Portfolios ajackson Mon, 10/04/2021 - 11:00 An increasing number of investors are seeking to incorporate climate change in their investment calculus. For investors with a portfolio covering multiple asset classes, the tasks of excising climate risk and finding new climate-related opportunities can be daunting.

Portfolio 52

Portfolio Asset Allocation Clients Assets 52

Brown Advisory

OCTOBER 4, 2021

An increasing number of investors are seeking to incorporate climate change in their investment calculus. For investors with a portfolio covering multiple asset classes, the tasks of excising climate risk and finding new climate-related opportunities can be daunting. Considering Climate within Portfolios. Mon, 10/04/2021 - 11:00.

Portfolio 52

Portfolio Asset Allocation Clients Assets 52

The Big Picture

MARCH 7, 2023

How do you crunch the numbers on that, and where do you come out on small cap and value? So for someone like me, who started my career in academia and spent my research years thinking about portfolio construction, asset allocation, macro, asset pricing, and then I went into the hedge fund industry. VASSALOU: Yeah.

Assets 173

Assets Management Marketing Marketing 173

James Hendries

NOVEMBER 15, 2022

The Strategic and Tactical Asset Allocation Committee’s (STAAC) S&P 500 year-end fair value target of 4,000-4,100 is based on a price-to-earnings ratio of 17.5 It is expressed as a number of years. times the STAAC’s 2023 S&P 500 earnings per share forecast of $230. All index data from FactSet.

Portfolio 52

Portfolio Taxes Government Investment Advisor 52

James Hendries

OCTOBER 7, 2022

The Strategic and Tactical Asset Allocation Committee (STAAC) upgraded its view of duration to neutral. It is expressed as a number of years. For a list of descriptions of the indexes referenced in this publication, please visit our website at lplresearch.com/definitions. All index data from FactSet.

Portfolio 52

Portfolio Taxes Investment Advisor Asset Allocation 52

James Hendries

SEPTEMBER 8, 2022

The Strategic and Tactical Asset Allocation Committee (STAAC) downgraded its view of emerging market (EM) equities in August. It is expressed as a number of years. For a list of descriptions of the indexes referenced in this publication, please visit our website at lplresearch.com/definitions. All index data from FactSet.

Portfolio 52

Portfolio Taxes Investment Advisor Asset Allocation 52

Brown Advisory

JULY 1, 2016

Changes in their assumed rate of return can impact decisions ranging from asset allocation to the spending level that a portfolio can rationally support. Looking back over the 30 years beginning in 1985, a number of factors contributed to the strong performance of equities. According to the report, annual inflation-adjusted U.S.

Investing 52

Investing Investments Portfolio Assets 52

Brown Advisory

JULY 1, 2016

Changes in their assumed rate of return can impact decisions ranging from asset allocation to the spending level that a portfolio can rationally support. Looking back over the 30 years beginning in 1985, a number of factors contributed to the strong performance of equities. According to the report, annual inflation-adjusted U.S.

Investing 52

Investing Investments Portfolio Assets 52

James Hendries

JUNE 20, 2023

As such, we don’t think it will be long before official government numbers reflect the decrease in rent prices. LPL’s Strategic and Tactical Asset Allocation Committee (STAAC) recommends a neutral tactical allocation to equities, with a modest overweight to fixed income funded from cash.

Marketing 52

Marketing Marketing Economy Communication 52

Brown Advisory

JUNE 14, 2018

So, after the NOW conference, I invited a number of colleagues to join me for dinner so we could gather in a comfortable off-site environment, free of distractions, and connect the dots between what we heard at NOW and what we’re thinking about as investors. but a number of folks were quite optimistic about anticipated progress.

Investing 52

Investing Investments Clients Numbers 52

Brown Advisory

JUNE 14, 2018

So, after the NOW conference, I invited a number of colleagues to join me for dinner so we could gather in a comfortable off-site environment, free of distractions, and connect the dots between what we heard at NOW and what we’re thinking about as investors. but a number of folks were quite optimistic about anticipated progress.

Investing 52

Investing Investments Clients Numbers 52

Brown Advisory

OCTOBER 11, 2021

We believe that the investment return needed to achieve that objective should be the most important guidepost for a portfolio’s asset allocation. With traditional assets like stocks and bonds at high valuations, the implications for future returns of those assets may be underwhelming. Source: BLOOMBERG.

Assets 52

Assets Portfolio Risk Tolerance Asset Allocation 52

Brown Advisory

OCTOBER 11, 2021

We believe that the investment return needed to achieve that objective should be the most important guidepost for a portfolio’s asset allocation. With traditional assets like stocks and bonds at high valuations, the implications for future returns of those assets may be underwhelming. Source: BLOOMBERG.

Assets 52

Assets Portfolio Risk Tolerance Asset Allocation 52

Dear Mr. Market

MARCH 17, 2024

In other words, these investments (or “teams”) are ranked and seeded on a number of factors but one of the main drivers is how hot they recently performed within the past few months or recent year. With this exercise, however, we are able to build an intelligent portfolio that will have a number of “winners” along with some stinkers.

Investing 95

Investing Investments Portfolio Assets 95

James Hendries

JANUARY 13, 2023

When LPL Research released the Outlook 2022: Passing the Baton in December 2021, the team’s view was that the hit from inflation would be manageable and would therefore limit the number and magnitude of interest rate increases, enable the U.S. economy to avoid recession, and support above-average valuations. All index data from Bloomberg.

Marketing 52

Marketing Marketing Valuation Asset Allocation 52

Brown Advisory

MAY 10, 2018

In this article, our head of asset allocation discusses how we are managing trade risk, while still embracing global growth opportunities in our portfolios. At a company-specific level, a number of firms have already sold off on fears of tariff impact. Tariffs: Bark or Bite? These companies are far less exposed than U.S.

Economy 52

Economy Portfolio Clients Sales 52

Brown Advisory

MAY 10, 2018

In this article, our head of asset allocation discusses how we are managing trade risk, while still embracing global growth opportunities in our portfolios. At a company-specific level, a number of firms have already sold off on fears of tariff impact. Tariffs: Bark or Bite? Thu, 05/10/2018 - 11:18.

Economy 52

Economy Portfolio Clients Sales 52

Brown Advisory

SEPTEMBER 3, 2015

By Taylor Graff, CFA, Asset Allocation Analyst. Terms and definitions: Price-Earnings Ratio (P/E Ratio) and Price-to-Book Value Ratio are ratios of the price per share of a company’s stock compared to its per-share earnings and book value, respectively. Dream or Opportunity? One cannot invest directly in an Index.

Economy 40

Economy Economics Asset Allocation Banking 40

WiserAdvisor

JANUARY 31, 2023

However, if you can look past these hassles, you can definitely benefit from investing in a property with a long-term view. Historically, stocks have provided a better yield than several other asset classes. There are a number of ways to invest in stocks. Further, it may lack liquidity in terms of resale.

Investing 52

Investing Investments Taxes Retirement 52

Brown Advisory

SEPTEMBER 22, 2017

Defining the question in this way is appealing: it demands a definitive yes-or-no answer. Finally, a growing number of meta-analyses conclude that incorporating ESG issues into investment decision making generates better returns than comparable non-ESG strategies (Clark, et al., Harvard Business School Working Paper 15 (73).

Portfolio 52

Portfolio Investments Investing Management 52

Brown Advisory

SEPTEMBER 22, 2017

Defining the question in this way is appealing: it demands a definitive yes-or-no answer. Finally, a growing number of meta-analyses conclude that incorporating ESG issues into investment decision making generates better returns than comparable non-ESG strategies (Clark, et al., Harvard Business School Working Paper 15 (73).

Portfolio 52

Portfolio Investments Investing Management 52

The Big Picture

NOVEMBER 14, 2023

She has run a number of firms and a number of divisions at large firms and traced a career arc that’s just very unusual compared to the typical person in finance. Eventually leading her to a point where she’s managing quants, running about a hundred billion dollars in assets. We also do asset allocation and overlays.

Math 130

Math Management Insurance Assets 130

Brown Advisory

MARCH 13, 2018

Investment Perspectives | Corrections jsayo Tue, 03/13/2018 - 12:38 The abrupt stock market downturn in February was “officially” a market correction, according to the conventional definition (a market decline of more than 10%). Further, the rate of increase in wages has picked up, suggesting that consumer spending will continue to grow.

Investing 52

Investing Investments Economy Assets 52

Brown Advisory

MARCH 13, 2018

The abrupt stock market downturn in February was “officially” a market correction, according to the conventional definition (a market decline of more than 10%). Our research contacts with a large number of companies in client portfolios tend to confirm that demand growth remains very much intact. Investment Perspectives | Corrections.

Investing 52

Investing Investments Economy Assets 52