Picking Winners and Losers — It’s Anyone’s Guess

Asset Class Returns 2000-2014
When you lay out the returns of a variety of asset classes over time it’s hard to find any meaningful patterns. The chart above shows the returns on 10 different asset classes over time and it’s quickly evident that what was the star of last year rarely shines the brightest the following year. Continue reading

What Every Client Wants: A Leader WITHOUT Numbers

blog 53bI would like to discuss what might be the single most important trait of a truly invaluable financial advisor — Conviction. In order to have conviction you need to believe that what you are doing is bound to work. A year like 2014 will separate practicing financial advisors from leading financial advisors. Let me explain what I mean by that. Continue reading