SEC’s heightened interest in the older set means advisors should pay heed
Questions of diminished capacity, appropriate investing strategy apply
Steve
Les, I agree with what you say about the need for policies; that is, that policies aren’t for the 99.99% but they’re for the 00.01%. And as for “robust” – yes, even the best of policies need to be reviewed…and occasionally updated…to ensure their continuing applicability and effectiveness. Most of all, continual monitoring, measurement, and analysis help keep policies effective. Indeed, it isn’t an ideal world.
Thanks for the sage advice.
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November 18, 2022 at 2:56 AM
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