Content provided by Grant Engelbart, CFA, CAIA, CLS Portfolio Manager Sunny Southern California: surfers, palm trees, mountains, ocean views – hardly the setting you would expect to find one of the oldest money managers in the U.S. But, tucked away in a tall, downtown Los Angeles office building bearing the name of a different U.S.… Continue reading California Dreaming… About American Funds
Category: Investing
Financial Psychology 101
Content provided by Kostya Etus, CFA, CLS Portfolio Manager Psychology and human behavior are some of the most interesting and challenging aspects of financial management. Understanding the motivations behind a client’s behavior and how to effectively encourage him or her to develop healthy financial habits can mean the difference between success and failure for our… Continue reading Financial Psychology 101
Summer Doldrums?
Content provided by Marc Pfeffer, Senior Portfolio Manager In a weekly back in June I wrote about how the Fed would be on hold until at least September. Brexit was still fresh in everyone’s minds, and the payroll data had turned surprisingly weak at least for a month. Although the markets never sleep, the summer doldrums… Continue reading Summer Doldrums?
CLS’s Fantasy Draft
Content provided by Kostya Etus, CFA, CLS Portfolio Manager & Scott Kubie, CFA, CLS Chief Strategist
Election Reflection
Content provided by Grant Engelbart, CFA, CAIA, CLS Portfolio Manager It’s no secret that markets hate uncertainty. Trump presents uncertainty – and markets reacted that way overnight. S&P 500 Index futures were down nearly 5% at one point, but have come screaming back to trade positive on the day. Sound familiar? Following the surprise Brexit… Continue reading Election Reflection
CLS & American Funds: Asset Allocation
Content provided by Grant Engelbart, CFA, CAIA, CLS Portfolio Manager We are often asked about our ability to add value to a portfolio of American Funds. After all, American Funds are the largest actively-managed fund company in the U.S. for a reason – they are darn good. There are over 60 different American funds to… Continue reading CLS & American Funds: Asset Allocation
DOL Reiterates Consideration of Differential Compensation
Content provided by Kylee Beach, CLS General Counsel In the Department of Labor’s (DOL’s) first set of Frequently Asked Questions (FAQs) concerning the DOL’s new fiduciary rule, the DOL reiterated that the Best Interest Contract Exemption (BIC Exemption) provides that advisors cannot use differential compensation to make recommendations that are not in the best interest… Continue reading DOL Reiterates Consideration of Differential Compensation
DOL Releases First Set of FAQ Guidance.
Content provided by Mike Forker, CLS Chief Compliance Officer The US Department of Labor (DOL) has issued the first set of Frequently Asked Questions (FAQs) concerning the DOL’s new fiduciary rule. These FAQs seek to clarify issues for service providers to ERISA covered accounts related to the Best Interest Contract Exemption (BIC Exemption) and other… Continue reading DOL Releases First Set of FAQ Guidance.
CLS & American Funds: Asset Allocation
Content provided by Grant Engelbart, CFA, CAIA, CLS Portfolio Manager We are often asked about our ability to add value to a portfolio of American Funds. After all, American Funds are the largest actively-managed fund company in the United States for a reason – they are darn good. There are over 60 different American funds… Continue reading CLS & American Funds: Asset Allocation
Self-Directed Brokerage Accounts: Opening New Doors for Investors and Financial Advisors
Content provided by Case Eichenberger, CIMA, CLS Client Portfolio Manager As long as people keep populating this earth, there will be a need for better products, better options, and better ways to perform critical functions. The drive for innovation and advancement is ever-present. Forty years ago, professionally managed pension plans were the norm in the… Continue reading Self-Directed Brokerage Accounts: Opening New Doors for Investors and Financial Advisors