• Steve Martin

Can Advisors Add Alpha Without Using Active Management? – CBS MoneyWatch.com

Can an advisor add alpha without using active management? The talented research team at Vanguard recently looked at this question in a paper titled “Advisor’s Alpha.” My Buckingham Asset Management colleague Kevin Grogan, who co-wrote The Only Guide You’ll Ever Need for the Right Financial Plan with me, wrote a short summary of this paper.



One of the key findings in the paper is: “A financial advisor has a greater probability of adding value, or alpha, through relationship-oriented services, such as providing cogent wealth management and financial planning strategies, discipline, and guidance, rather than by attempting to outperform the market.”

Read the complete article here:

Without Using Active Management? – CBS MoneyWatch.com.

0 views0 comments