Conventional wisdom is that portfolios need to be rebalanced regularly. For many advisors regularly means annually.
Financial planner Kevin Brosious tells clients, “At least once a year, we will consider rebalancing.” But he believes that portfolios often benefit from “opportunistic” rebalancing. Brosious, president of Allentown, Pa.-based Wealth Management, rebalanced one client’s portfolio three times last year.
Register or login for access to this item and much more
All Financial Planning content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access