According to a well-known study by Brinson et al, asset allocation is responsible for over 90% of a portfolio’s return. With the success of your financial future on the line, how do you determine what asset allocation is right for you?
In this episode of Wealthy Behavior Michael Waldron, Heritage Financial’s Director of Portfolio Management, discusses the important role that capital market assumptions play in determining the appropriate asset allocation for each client and the factors that go into allocation adjustments throughout the year (Surprise! Our assumptions don’t start with targeting returns). Finally, as we wrap up our last podcast for the year, we’ll discuss what factors we believe will drive asset class returns in 2023.
We’d love to hear from you! Email us questions, ideas, or feedback at wealthybehavior@heritagefinancial.net
About Wealthy Behavior: Heritage Financial Services
Wealthy Behavior digs into the topics, strategies, and behaviors that are key to building and protecting personal wealth and living a rich life. We’re Boston Massachusetts-based wealth managers who have been helping busy, successful people pursue their financial goals for more than 25 years. Hosted by Sammy Azzouz, President of Heritage Financial, Wealthy Behavior digs into the topics, strategies, and behaviors that are key to building and protecting personal wealth and living a rich life.
