5 Things To Start, Stop, And Keep Doing With Your Financial Practice In 2018

The New Year traditionally brings resolutions, some of which actually will be kept. Financial advisors should go beyond promising to lose weight and work out more to think about ways to build their business. Here are some suggestions:

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Posted in Marketing, Marketing Strategies, Risk, Financial Planning, Downside Risk, Social Security Benefits, Retirement Planning

Find out how your practice would fare in the next down market

By, Ron Piccinini, PhD, Director of Product Development

From a risk manager’s perspective, a bank is a derivative on interest rates. Similarly, RIA practices can be viewed as a derivative on stock and bond markets. Here’s a quick way to estimate the sensitivity of your practice to markets.

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Posted in Risk, SmartRisk, Ron Piccinini, PhD, RIA, Market Volatility

Investors Chronicle article features Ron Piccinini, PhD

Investors Chronicle published an article, "Does fortune favour the bold?" by  on July 27, 2017.

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Posted in Risk, SmartRisk, portfolio risk, Downside Risk, Investors Chronicle

WATCH: Don't Be Fooled Into Believing a Portfolio is Diversified

SmartRisk was created for one overarching reason: risk software on the market is based on outdated math, and that math dramatically underestimates risk. Advisors should care about explaining risk to clients because helping them avoid the classic pitfalls that can destroy retirements builds a stronger, more trusting relationship. SmartRisk's massive computing power and sophisticated models properly measure portfolio risk. Join Joe Elsasser, CFP®, President of Covisum and see how SmartRisk can

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Posted in Risk, SmartRisk, portfolio risk, Drawdown analysis, Asset interaction, Free Trial, Demo, video

Why financial advisors never really used beta, and why they are right

By Ron Piccinini, PhDDirector of Product Development

How can you tell if someone went to Harvard? They will tell you within five minutes of meeting them, as the popular joke goes. Similarly, ask any freshly-minted finance MBA or CFA candidate about portfolio construction, and chances are high that you will hear about ‘beta’ in pretty short order. As most advisors know, beta is the key statistic in Modern Portfolio Theory (MPT), and has something to do with the volatility of a stock or asset

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Posted in Risk, SmartRisk, Beta, Ron Piccinini, PhD, Downside Risk

SmartRisk Tutorial  

Designed specifically for financial advisors, SmartRisk helps you set proper downside expectations with your clients. Join Marisa for a quick demonstration of the software. Learn more. 

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Posted in Risk, SmartRisk, Software Programs, portfolio risk, Drawdown analysis, Asset interaction, video

Portfolio risk: how much value is in the tails?

Investors know that time in the market is their friend. Stay in the market for a long period of time, and good things will happen, even in times of high volatility.

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Posted in Risk, SmartRisk, portfolio risk

How do you explain asset interaction to clients?

Ultimately, our goal is to build client relationships and help clients achieve their financial goals. Listen to our experts explain asset interaction in this short video clip from, "The Advisor & The Quant." 

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Posted in Risk, SmartRisk, portfolio risk, Asset interaction, Diversification, portfolio volatility, Hedged, Focused, video

Making heads or tails of tails

By Ron Piccinini, Ph.D., Director of Product Development

An investment’s failure or success is impacted by the worst and best trading days — more than you might imagine. Understand the true value of “tails.”

Investors know that time in the market is their friend. Stay in the market for a long period of time, and good things will happen, even in times of high volatility. A supporting statistic is often presented: if you miss the best days, your overall return will be dramatically lower.

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Posted in Risk, SmartRisk, Client reports, portfolio risk

SmartRisk terms revealed

Asset interaction. Drawdown analysis. Reward/risk ratio. Know the terms that will help you wow clients with SmartRisk.

SmartRisk™ doesn’t just deliver better risk estimation for your clients’ portfolios. It delivers it in a way that is easy for both you and your client to understand.

Learning just a few terms used in the software and its easy-to-read reports will help you interpret the calculations and explain them to clients — not just so they understand, but so they understand in a

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Posted in Risk, SmartRisk, Drawdown analysis, Asset interaction