Portfolio construction

Equine exposure should be done outside the core portfolio, using discretionary funds.

High-risk, highly concentrated funds may not be for everyone, but they can fill a niche.

Many advisors want nothing to do with cryptocurrency.

Often derided, a small amount of the precious metal can help clients diversify.

Some clients may demand more evidence of actual outcomes.

Smaller and midsized firms typically have fewer resources, limiting the time available to complete annual examinations of their policies and procedures.

If one day’s immersion in world news teaches us anything, it is that risk is not just a game.

A proliferation of ETFs raises the stakes of distinguishing between passive and active. It's smart to be a little skeptical.