As the CIO of Sungarden Fund Mgmt writes:  “MPT works well in strong markets and over periods of declining interest rates.  This decade will likely see the turning point of that story, and I suspect that many financial planning firms will fight that trend, as they did back in 2000 and 2007 when long-held, oversimplified belief systems went from “easy” ways to keep clients happy and get paid well, to a renewed focus on true investor objectives.Traditional asset allocation is dead.   Advisors that adapt to this new climate will survive–those that don’t will go the way of the dinosaur.

Read entire article:  https://www.forbes.com/sites/robisbitts2/2018/08/06/asset-allocation-is-in-serious-decline/#578b5a3938f1

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