I deal with many advisors. Some of them give advice that could be considered “bad,” but the benefit to their clients is tangible.
Advisor Perspectives Article Archive
Article archive for Dan Solin's weekly Advisor Perspectives articles. All of these articles are also available on AdvisorPerspectives.com
For those of us who have been writing about the benefits of passive management for over a decade, recent developments have been heartening. I have never seen so many articles debating whether active management is or isn’t “dead.”
Advisors have an unassailable expertise in assessing risk, but there are hidden ones that will take you down, destroy your family and decimate your clients.
There’s a proper, researched-based, yet seldom-used way to evaluate male and female employees. As a consequence, the standards used to review the performance of the two genders can be flawed and potentially discriminatory. These differences don’t mean that the behavior of one gender is better than the other. They also don’t account for all the differences between the reactions of the two genders.
Don’t confuse activity with progress. If you’re too “busy” to be in control of your life, consider making some major changes now.
I’m fond of saying you can be the smartest person in the room or you can get the business. It’s difficult to achieve both these goals.