Insights and Ideas

It’s not enough to follow someone’s advice to invest in index funds. Actual passivity contradicts the trustee’s duty to act as a prudent fiduciary. Passive investment products are potentially as complex as any other, and prudence demands careful evaluation.

A large investment firm recently claimed its funds beat the market 93% of the time. They didn't.

For many of us who have been in the industry for many years, the idea that so-called passive investing outperforms is hard to take.

More than products or models, financial advice is about helping clients reach their goals.

Many firms don’t charge their clients for trustee, fiduciary, or planning services. In many cases, their clients get what they pay for.

Resist the temptation to invest like endowments, and keep it simple.