"As a group, we always feel that the money our clients give us is to be invested," says the Alpha Group's Mark Balasa, as he explains why they have the lowest allocation to cash at 1%. "We don't try and time the bond or equity markets with significant increases or decreases to cash." When it comes to stocks--the Alpha Group's largest allocation--Balasa says the group has about 64% in large U.S. stocks, about 16% in small U.S. stocks, and about 20% in international markets. When it comes to economic concerns, Balasa names corporate profits as a primary one. "We think the year over year numbers are going to be challenged, which is going to be interesting to see how the market handles that," he notes.
Access complimentary resources from Cambridge Investments to help navigate the fiduciary rule changes.
If you’re thinking of changing broker-dealers, you owe it to yourself to read this article that covers all major aspects of the transition process.
This White Paper outlines the immediate actions firms can take to correct outdated and costly supervision procedures.
Sep 27, 2016
Some broker-dealers have already decided to exit certain lines of business and are sizing up how the rule will impact their IT and compliance budgets....
Sep 20, 2016
This webcast will review the key aspects of the amendments and the steps that funds and intermediaries can take in order to comply with the...
Sep 13, 2016
Nationwide is providing a deeper look into the rule’s implications and a discussion of decisions firms will need to make in order to comply.