“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.
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