Why Diversifying Managers Does Not Generate Proper Diversification
While diversification is important to limiting market risk, multiple advisors managing your assets often results in an overly complicated portfolio – with overlap in holdings, overweight in certain sectors or over concentration in a single security.
The opinions expressed and information contained in this publication are given in good faith, may be subject to change without notice, and are as of the date issued. The accuracy and completeness of this information is not guaranteed. Since each client’s situation is unique, please review your specific investment objectives, risk tolerance and liquidity needs with your advisor before a suitable investment strategy can be selected.