“Instead of trying to time the markets and getting sucked into short-term volatility, we take a long-term view and let the markets work for us,” said David Rolfe, chief investment officer of Wedgewood Partners. “Too many of our competitors try to do otherwise, and we refuse to play that game.” Wedgewood was founded in 1988 and today has $1.7 billion in assets under management. “To outperform an index, we believe that our portfolios must be constructed as different from an index as possible,” Rolfe said. “Thinking and acting like business owners reduces our interest to those few businesses which are superior.” Rolfe said the firm looks for 20 good portfolio finds where the valuations make sense. That way, “clients don’t have to sacrifice growth to get value and vice versa.”
Many clients have little or no protection for their ability to earn a paycheck.
A marketing veteran takes on… the question.
Alphastar also has an announcement.
Sponsored by NGL
Help your clients plan for their future now so final expenses don’t overwhelm their loved ones later.
Don’t miss crucial news and insights you need to make informed investment advisory decisions. Join ThinkAdvisor.com now!
- Free unlimited access to ThinkAdvisor.com which provides advisors, like you, with comprehensive coverage of the products, services and trends necessary to guide your clients in making critical wealth, health and life decisions.
- Exclusive discounts on ALM and ThinkAdvisor events.
- Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.
Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.