Browse by topic
Search our blog

    How risky is Warren's publicly traded sock portfolio?

    Our in-house risk expert, Ron Piccinini, PhD plugged this well-known portfolio into SmartRisk (excluding the "others" portfolio). What did he find? 
    Read

    In The News

    The impact of tax reform on "Consider This" with Cathy Wyatt and Joe Elsasser

    On February 9, Joe Elsasser, CFP® and President of Covisum appeared on "Consider This" on NET to discuss the impact of the Tax Cuts and Jobs Act. Watch the full interview here:
    Read

    In The News

    ThinkAdvisor asks the advisor and the quant: What are ‘fat tails’ and why do they matter?

    Joe Elsasser, CFP® and Ron Piccinini, PhD were recently featured in a ThinkAdvisor article, "The Advisor and the Quant: What are 'fat tails' and why do they matter?" We asked both Joe and Ron to answer this question: What are 'fat tails' and why do they matter? In an ongoing series exclusive to ThinkAdvisor, Joe and Ron will continue to provide readers with two distinct perspectives on the same topic – one from an academic, the other from a practicing financial advisor. 
    Read

    In The News

    Setting proper downside risk expectations during market volatility 

    This just in from FinancialPlanning: The Dow finished the day down by 1,032.95 points, or 4.15% at 23,849.23 — down 2,767 points, or 10.4%. A drop of 10% from its high of 26,616 on Jan. 26 is considered a correction. The S&P 500 tumbled 2.96%, erasing its gains for the year. Ten-year Treasury yields flirted with four-year highs.  And on Wednesday, Suleman Din wrote an article for FinancialPlanning titled, "Can another digital demand crush be avoided?" Some of the industry's most well-known digital advisors were so inundated by visitor traffic that their websites became inaccessible. Covisum's president, Joe Elsasser, CFP®, commented on the situation for the article:
    Read

    In The News

    A Flaw with Bucket Strategies and Retirement Planning

    The bucket strategy is designed to break a retiree’s assets into "buckets" based upon when those buckets are expected to be used to provide retirement income. The buckets nearest today are invested conservatively so that market fluctuations will have little impact on the retiree’s ability to draw a predictable amount from them. The investments in later buckets are invested more aggressively, with the expectation that a higher risk level should provide a higher return over time. In some bucket models, buckets are "refilled" by selling from later buckets during good times in the markets. In other bucket models, the client's asset allocation is allowed to become steadily more aggressive as the client ages. The first option works better for a constrained investor who has just enough retirement savings to meet their needs. The latter works better for someone who is well-funded, with more than enough assets to weather significant dips in the markets.
    Read

    Free Download

    InvestmentNews: New tax law offers opportunities for advisers and retirees

    After the Tax Cuts and Jobs Act passed and Covisum updated Tax Clarity to reflect the changes, we've seen a huge influx of interest in the software. We've updated all of our advisor-facing marketing materials that come with a paid subscription, including our white paper, "The Elephant and the Snowball: How Advisors Can, and Should, Talk Taxes with Clients." Recently, Mary Beth Franklin with Investment News covered the content in the article, "New tax law offers opportunities for advisers and retirees." Here's one of our favorite quotes from the article:
    Read

    In The News

    On-Demand Webinar, "Tax Law 2018: What Advisors Need to Know"

    Do you have clients who don’t understand the relationship between ordinary and capital incomes? If you do, they could be on their way to potentially significant tax inefficiency in their retirement strategy. Recently, President of Covisum Joe Elsasser, CFP® and Dave Cechanowicz, JD, MSFS, AIF® AEP and Senior Financial Planner with REDW Stanley hosted a webinar discussing how to capitalize on opportunities from the change in the tax law. The webinar was written about in "ThinkAdvisor" and "PLANADVISOR," and is now available for on-demand viewing. Watch the webinar when and where it's convenient for you. 
    Read

    Stay Connected

    Access industry news, expert insights, best practices, free downloads and more.