Also remind clients that performance is “manager-dependent instead of market-dependent,” says Blackstone's Avi Sharon.
The firm's chief investment strategist says traditional investing strategies like the 60-40 portfolio are outdated and risky.
Broker won Wall Street Journal contest with his estimate of 306 votes for the Donald.
Plus: The Fed hints yet again, Wunderlich Securities brings in $500M, and Credit Suisse shutters leveraged/inverse oil ETNs
It will help advisers and investors measure correlation and volatility of past returns.
Plus: ETF investors fueled last week's rally, which industries will do what under President Trump, and United Airlines sets a new low for air-travel inconvenience
Plus: Industrial stocks ride infrastructure-spending hopes, Warren Buffett makes nice with Donald Trump, and suddenly it's the Democratic party that might not survive in tact
Telling advisers to never assume enough is enough when it comes to research.
Republican power balance puts DOL rule into question
Plus: The Obama administration fast-tracks banking regs, active managers feel pain in the bottom line, and embracing a little humility