Portfolio Management

Asset Allocation & Rebalancing

Which types of investments should you include in your financial plan, and how should they be weighted and shifted over time? This is a complex undertaking, and the strategy may be different for every individual and household. Many do-it-yourself investors turn to online tools and calculators to identify how much and how often to save. Investments designed with automatic diversification features can help, but many people can still benefit from paying for advice on how to properly use such products.

For the advisor, the allocation task entails leveraging knowledge of the markets, looking across a range of investable assets, and selecting those that best fit with an individual's risk tolerance, time horizon, personal goals, and financial situation. An advisor's expertise can make a considerable difference in keeping an investment portfolio on a disciplined course. This may include maintaining appropriate diversification, acting on opportunities, and monitoring financial markets to adjust portfolios in response to changing conditions or variables such as correlations and valuations.

*There is no guarantee that a diversified portfolio will enhance overall returns or outperform a non-diversified portfolio. Diversification and asset allocation does not protect against market risk. Re-balancing a portfolio may cause investors to incur tax liabilities and/or transaction costs and does not assure a profit or protect against a loss.