10 Enhancements to Financial Advice

Dave Butler will personally respond to comments on any of these three articles in APViewpoint. We encourage our readers to join the conversation.

Q3 2019 hedge fund letters, conferences and more


rawpixel / Pixabay

Advisor Perspectives welcomes guest contributions. The views presented here do not necessarily represent those of Advisor Perspectives.

This year, Dimensional is celebrating 30 years of working with financial advisors, a collaboration that has helped change the way the world thinks about investing. To recognize that impact, we compiled 30 ways investors can benefit from the industry’s transformation. Here are the first 10.

  • The advice industry shifts from ringing up sales to building client relationships.

With the rise of the independent financial advisor, a new financial advice model takes hold – one that puts the client at the center and changes the way advisors charge for services.

  • The regulatory environment signals that advisors ought to act in clients’ best interest.

Regulatory rules obligate registered investment advisors to act in the best interests of their clients, which sets a higher standard for serving them.

  • Investment advice evolves into comprehensive wealth management.

Over time, investment advice advances beyond individual security selection to encompass a broader scope of services, from asset allocation to wealth management. Advisors focus on understanding each client’s personal circumstances and objectives.

  • Financial advisors collaborate with other professionals on behalf of their clients.

To help clients manage multiple aspects of wealth, advisors take a central role in coordinating the services of accountants, attorneys, investment managers, insurance providers, and other third-party professionals.

  • Improved client discovery tools enable more relevant plan design.

Advisors apply new methods to identify a client’s financial objectives, attitude toward risk, return expectations, and financial traits. The insight informs more advanced financial planning and investment approaches.

  • New technologies and research help clients better understand probabilities of outcomes.

With advanced research and robust analytics tools, advisors offer clients a more sophisticated view of the range of possible outcomes associated with different investment and personal budgeting strategies.

Read the full article here by Dave Butler, Advisor Perspective

Saved Articles

The Life and Career of Charlie Munger

Charlie is more than just Warren Buffett’s friend and Berkshire Hathaway’s Vice Chairman – Buffett has actually credited him with redefining how he looks at investing. Now you can learn from Charlie firsthand via this incredible ebook and over a dozen other famous investor studies by signing up below:

  • Learn from the best and forever change your investing perspective
  • One incredible tidbit of knowledge after another in the page-turning masterpiece of a book
  • Discover the secrets to Charlie’s success and how to apply it to your investing
Never Miss A Story!
Subscribe to ValueWalk Newsletter. We respect your privacy.

Congrats! Are you a smart person?

We have an exclusive targeted for being a sophisticated and loyal reader.

Welcome in the new year by signing up up for ValueWalkPremium today and get our exclusive content for 40% off. This is our second biggest discount ever!!

Use coupon code VIP20 or click on the button below

Limited time offer only ENDS 1/31/2019 or after next 30 23 subscribers take advantage whichever comes first – please do not share this discount with others