Advisory

Is It Time You Consider an Advisory Portfolio?

July 20th, 2016|

By Joanne M. Welker, CFA, Senior Vice President and Manager, Advisory Services

In the financial world, many times it’s easy to get confused by the nomenclature and the jargon. For example, you may have heard of advisory accounts, wrap accounts, fee-based accounts, or even managed accounts, not realizing that all these terms refer to basically the […]

Capital Gain Distributions: ‘Tis the Season of Giving

November 20th, 2015|

By Brett Stehl, CFA, CAIA; Associate Vice President, Advisory Services

Each year in December, many of us anticipate giving and receiving gifts—and this year is no different. With many mutual funds performing well in early 2015, some investors may receive the “gift” of capital gain distributions. However, it’s important to remember the gift of capital gain […]

Is Performance Everything?

September 29th, 2015|

By Brett Stehl, CFA, CAIA; Associate Vice President, Associate Advisory Analyst – Advisory Services

When deciding on which investment money manager to choose, it’s easy to fall into the trap of looking for the strategy with the best performance over the most recent time period. This is known as “performance chasing,” and can potentially cause you […]

Your Portfolio and the World: What’s the appropriate exposure?

August 22nd, 2014|

By Joanne M. Welker, CFA, Senior Vice President and Manager, Advisory Services

With news of Putin and Ukraine, Boko Haram in Nigeria and the severe unrest in Iraq, should international investing be a part of your portfolio right now?

For decades, American ingenuity and productivity have helped make the United States a dominant economic player in the […]

Discretionary Relationships with Your Advisor: What You Need to Know

February 8th, 2013|

By Joanne Welker, CFA, Vice President and Manager, Advisory Services

A lot of clients are turning discretion of their advisory account over to their financial consultant. Doing so means you are entering into an agreement that gives your advisor the ability to make trades in your account without consulting you (they have discretion over the account) […]

Advisory Is Right For Me, Now What?

December 5th, 2012|

By Joanne Welker, CFA, Vice President and Manager, Advisory Services

If you don’t already have a trusted financial consultant, first, find a firm that offers a robust advisory platform, and a financial consultant to work with who has your interests at heart.

Start with these questions as you seek out the right firm and financial consultant for […]

Can Diversification Be Achieved Via an Advisory Account?

November 16th, 2012|

By Joanne Welker, CFA, Vice President and Manager, Advisory Services

Diversification is the inclusion of a number of different investments in a portfolio, in an attempt to reduce risk and increase return. While diversification does not guarantee a profit or protect against losses, some advisory programs are more diversified than others. So, let’s explore some […]

Is Advisory Right for You? 4 Simple Questions

November 13th, 2012|

By Joanne Welker, CFA, Vice President and Manager, Advisory Services

According to Cerulli & Associates, the amount of assets in Advisory accounts (aka managed accounts, wrap or fee-based accounts) has grown at a compounded annual rate of just over 10 percent, to $2.4 trillion in assets under management (AUM), from 2006 through the second quarter of […]

Is an advisory account right for you?

October 19th, 2012|

By Joanne Welker, CFA, Vice President and Manager, Advisory Services

Even though there are a vast amount of investment opinions readily available on TV and on the Internet, most investors do not have the time or the resources to perform the necessary analysis on their investments. An advisory portfolio offers professional investment advice and recommendations […]

Takeaways from Pershing’s Recent Managed Account Symposium

June 7th, 2012|

By Joanne Welker, CFA, Vice President and Manager, Advisory Services

At Pershing’s recent Managed Accounts Symposium, A.J Harper, a colleague at Lockwood Advisors, used a lyric by the band “X” to describe the investment advisor industry as: “the game that moves as you play.” There’s no question it’s certainly a business that is ever-changing and […]