Financial advisors pipe up on private credit allocations
Advisors say private credit is a great way to add to diversification to a client portfolio, despite often lacking liquidity.
With bonds generating low returns over the past 10 years and negative total returns in 2021 and 2022, Joseph Spada, private wealth advisor at Summit Financial, says his clients have been seeking higher returns for a sleeve of their fixed income portfolio. To meet this need, he turned to private cred
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