According to Lido Advisors’ Greg Kushner, we are all worried about managing risk in our portfolios, and it’s not just a baseless concern.
“This year we have seen more volatility than we have since the financial crisis,” he says. “Just look at the soaring CBOE Volatility Index (VIX, aka the fear index). Even more concerning is that this volatility may continue, making potential investors queasy about their participation in the equity markets.”
Lido Advisors thinks investment advice should go beyond just wealth management and into a bit of life coaching. “The first thing I do is sit down with a client and drill down into their current situation.”
Read the full article: Keep Your Composure (And Clients): A Field Guide For Managing Fear In A Volatile Market (Forbes)