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Comprehensive financial planning can improve the health of your wealth.
Investment costs matter. In the context of a finite market return, investors fall short of the total market return by the total investment costs they incur. Whatever the financial service industry charges for administration, advice, commission, trading, investment management or performance is at the expense of the client’s return.
Investors are often told to diversify their risk across asset classes, industries, geographies and financial instruments. However, a factor that is seldom mentioned – at least in the retail market – is also diversifying portfolios to include complementary investment styles.
Bonds are currently Prescient’s preferred asset class
The strongest deterrent against FSP compliance missteps is or should be: