different types and levels of advice I have learned and observed much in my 23 years as a financial advisor, on both the brokerage and investment advisory sides of the fence. There have been major industry changes: evolution from trading to asset management to holistic planning, increased regulatory oversight, product innovations, etc. One thing that…
The Latest Culprit Investors are overwhelmed by the availability of investment providers, strategies, and products. Too much choice can be counter-productive, causing “paralysis by analysis.” The latest culprit: “thematic” investing. The foundation of thematic investing is the early identification of emerging, macro trends. Trends can take different forms, to include societal (ex. aging global population)…
Narratives Are Just Short CutsA narrative can be defined as a particular way of explaining or understanding things. It is a type of shorthand communication used to simplify and clarify that which is complex and opaque. Narratives are commonplace in the investing world. Investing is hard work – why not take a short cut here…