Preventing Financial Elder Abuse – Part II

Month: July 2017

July 31, 2017  |  

Preventing Financial Elder Abuse – Part II

Advisors and family members can team up on a loved one’s behalf In Part I, we looked at the sources and warning signs of elder financial abuse.  In this installment, we will talk about how to work with the elderly once they have become victims and how to prevent elder financial abuse. Don’t shame elders who have been scammed No one of any age likes to admit they’ve been duped. On top of feeling embarrassed, […]

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July 24, 2017  |  

A Nerve-Rattling Snake Tale

I’ve written before about how gut instincts and rapid reflexes – behavioral factors – can do you in as an otherwise sensible investor. The other day, I was reminded that, in other walks of life, those instincts aren’t such a bad idea. Like if you encounter a real, live rattlesnake. I had been fishing with my good friend Mark on a small stream north of State College, Pa. Mark and I often go fishing early […]

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July 19, 2017  |  

Research Confirms Actively Managed Funds Struggle to Outperform

High costs and portfolio turnover remain key drags on performance over time. Key Takeaways Most actively managed funds do not outperform their benchmarks over time. These mediocre results are heavily influenced by high costs and high turnover. A strong track record one year has little bearing on whether good results persist into the future. When selecting a fund, don’t just look at past results. Consider the manager’s philosophy, the portfolio’s design, and the fund’s cost […]

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July 10, 2017  |  

Don’t Let a Wolpertinger into Your Portfolio!

Key Takeaways Like the elusive Wolpertinger of Bavarian folklore, active managers who are successful over the long term tend to be mythical creatures. Academics have been evaluating sightings of successful active managers for decades. There is little evidence that such managers exist in large numbers. Just as few people survive encounters with Wolpertingers, many investors do not survive encounters with the high-cost active manager. As many of you know, I’m on the road frequently. But, […]

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July 5, 2017  |  

The German Connection

Key Takeaways A small, but growing cadre of advisors in Germany is moving away from the commission-based compensation model in order to serve their clients better. It’s rewarding to help talented advisors in other countries adopt our philosophy of putting the client’s best interest first and foremost, and accept the role of a fiduciary. Thanks to the international exchange of ideas and best practices, clients on both sides of the Atlantic will benefit from our […]

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