Close Close
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards

Portfolio > Portfolio Construction

Now and Then

Your article was successfully shared with the contacts you provided.

Bob Reed’s decision to build a firm that allowed all its employees to exercise their abilities has led to growth in assets under management and in revenue even during this grinding recession, and to better portfolio performance because Bob can concentrate on that ability of his rather than on running the business. But in addition to the improved financial and portfolio results now, there’s a more long-lasting benefit. Because the firm is composed of a team of folks all taking responsibilities for their own jobs rather than being Bob Reed’s one-man show, Personal Financial Advisors is undoubtedly more valuable as a business, which may come in handy for Bob in the future.