Simplicity

For many of us who have been in the industry for many years, the evidence is hard to take.

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

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

We want to understand what's happening around us. But what else are we doing? Sticking to our plans.

Stay calm and stick to the plan.

Does “more institutional” with more “alternatives, ” such as hedge funds, mean better? I don’t think so.