Your
Goals
Key takeaways:
- Active ETFs and models are changing portfolio construction. Active ETFs can provide more precise exposures, while model portfolios can allow advisors to outsource investment decisions and devote more capacity to holistic planning.
- Selectivity matters in today’s market. With equity concentration and rate volatility, Dan Aronson highlights international equities and securitized credit while emphasizing the need to understand unintended portfolio risks.
- Portfolio construction should start with client outcomes. Rather than relying solely on a traditional 60/40 approach, advisors should be intentional about equity diversification and the risks they take within fixed income.