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Category: Advisory

10 posts categorized as "Advisory"

Is It Time You Consider an Advisory Portfolio?

Jul 20, 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 same thing. What you may not have known is that an advisory portfolio,

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Capital Gain Distributions: ‘Tis the Season of Giving

Nov 20, 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 distributions is a result of gains taken in individual positions. Unfortunately, in 2015 the market also experienced a lot of volatility and weak performance in the latter portion of the year.

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Tom Pape

Is Performance Everything?

Sep 29, 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 to select an investment money manager’s strategy that does not fit your financial goals and objectives.

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

Aug 22, 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 world. That’s caused many of us to invest solely in U.S.

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Discretionary Relationships with Your Advisor: What You Need to Know

Feb 8, 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) for a percentage based fee calculated from the market value of your account.

According to Cerulli &

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Advisory Is Right For Me, Now What?

Dec 5, 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 you:

  • What breadth of selection of advisory portfolios does the firm offer?

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Can Diversification Be Achieved Via an Advisory Account?

Nov 16, 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 of your options.

In Mutual Fund and Exchange Traded Fund (ETFs) advisory accounts,

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Is Advisory Right for You? 4 Simple Questions

Nov 13, 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 2011. So obviously using an advisory platform makes sense for a lot of investors,

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Is an advisory account right for you?

Oct 19, 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 on security selection and portfolio construction, allowing investors time to enjoy life. Sometimes referred to as a “wrap”

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Takeaways from Pershing’s Recent Managed Account Symposium

Jun 7, 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 always evolving.

Pershing’s symposium provided an outstanding opportunity to exchange ideas with my peers and learn more about the latest developments that will be shaping our services to our financial consultants and clients in the not too distant future.

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