Survey data released by RBC Dexia and Accenture shows a majority of fund managers expect their company’s return on equity to remain below pre-crisis levels, and many are placing more emphasis on cost reduction and product innovation initiatives.
Financial advisors must make investment decisions for their clients based on whatever information is available at that moment, not unlike the physician who must make a diagnosis with limited information about his patient’s condition. The best advisors ask lots of questions and keep copious notes. Most advisors rely on the standard financial planning dictum of […]