Preparing for the Next Bear Market

One of the more difficult lessons we learn as financial advisors is that our clients tend to forget the level of anxiety, and in some cases, absolute terror, that accompany bear markets. This bout of forgetfulness typically accompanies bull markets, or in the recent case, very long bull markets.  Those advisors who guided clients through…

Four Things Affluent Investors Must Know About Risk Management

Sophisticated investors pay attention when someone brings up the topic of portfolio risk management. Affluent investors are often the most risk averse, perhaps because they have already accumulated enough money during their lifetime to achieve their financial planning objectives. Having reached their accumulation goals, they don’t want to lose their hard-earned gains because the financial…

market downturn

Are You Worried Yet?

The conversations we have been having with advisors this year have distinctly changed. During the bull market our conversations were focused on either building a practice or planning for retirement. Now the conversations have shifted towards risk management and preparing clients for the next market downturn. There is growing angst that clients expect advisors to…

Chapter 4 – Pinnacle Investment Program Offers Clients Better Investment Solution and Wealth Managers a Better Story

So far in this series about Pinnacle’s Decision to pursue a more risk-managed investment program, we addressed the following: (1) that following the tech crash, we realized that an investment program like Strategic Asset Allocation that guarantees a loss in bear markets is not ideal for either our clients or our business; (2) that according…

As Markets Embark On A Bumpy Ride in 2014, Do You Possess the Time and Resources To Do More Than Sound Smart?

This is the season to impress. Money managers will try to sound smart by predicting what the year ahead has in store for investors. Inevitably they will get some things right and some things wrong – a fact that underlies the need for daily diligence. Indeed, successful money managers are often only modestly more right…