An advisor’s success in growing and retaining client relationships depends in part on their clients’ belief that the advisors can enhance investment returns. Yet, most financial advisors utilize theories and practices that are of no help at all in improving client outcomes. As more investors become aware that passively-managed index funds generally beat the vast majority of actively-managed funds, the advisory profession has responded by emphasizing strategies, from rebalancing to “smart beta,” that claim to deliver new investment alpha.
This webinar will show that none of these and other implied “alpha-generators” adds any value, and that advisors would be better off following Warren Buffett’s advice that “you should invest in stocks as you would in a farm.” Using this axiom as a launching point, Michael will:
•Describe the simple “safety-first” investment strategy presented in his book, The 3 Simple Rules of Investing;
•Demonstrate why adopting this approach will have a wider benefit by reducing systemic risk and Wall Street power; and
•Show how adopting this strategy will free advisors to spend less time focusing on chasing investment performance and more time on delivering value-added financial planning advice and solutions to their clients.
There will be plenty of time for Q&A and Michael will also be available to answer additional questions about this presentation on APViewpoint.