A Look Back
The adviser and client fallout from the 2008 crash
Lessons advisers and clients learned from the financial crisis
"There were signs of absolute excess in the industry"
"I realized it was a generational buying opportunity"
"Clients became increasingly nervous and wanted action"
"What started keeping me up at night throughout the crisis..."
"We're trying to know the unknowable"
"This was free falling"
"Diversification and cash are the keys"
"No better way than buy and hold"
"Caused a very high level of fear"
"Call them before they called you"
"There was a tremendous amount of fear"
"Nobody freaked out"
"Clients need to have conservative return estimates"
"Our clients were pretty copasetic"
"There were some very tough conversations"
"Some of Lehman's contributing factors persist"
"Leverage is what pops the bubble"
"We go back to the basics of risk tolerance"
Financial Crisis: A Look Back
Sep 15, 2013 — Five years have passed since the great financial crisis of 2008, and this special report takes stock of where the industry has gone since 2008 through adviser perspectives and commentaries.