300,000 financial advisers in captive channels, with independent RIAs and Broker Dealers, in private banks and wealth platforms blindly trust their firm’s investment committee’s generated house view. They place trillions of $ of client money in so called ‘model portfolios’. We analyzed and modeled 10 firms’ published views using their own capital market assumptions to see how good a job such firms are doing. We can now quantitatively, and with detached objectivity open to third party scrutiny, demonstrate that such allocations are typically flat out wrong – often leading to a +20% value destruction in expected returns.
This is giving bad financial advice. Clients should Trust but Verify.
Best of all, any Financial Advisor or their client can now do this in ten minutes at ActiveAllocator.com