Vanguard Advisor's Alpha®

August 8, 2018

 

The compensation structure for advisors is evolving, and relationship-oriented services are more important than ever. Some clients’ greatest obstacle to long-term financial success is themselves, and advisors acting as a wealth manager and behavioral coach can help them to avoid making decisions that hinder their chances of long-term success.

This Vanguard Research Insight piece explains why, when adding value is the goal, advisors may be better served by changing their performance benchmark from the market’s return to the returns that investors might achieve on their own, without professional guidance.

Use this paper to:

  • Understand how a well-thought-out strategy can serve as an important emotional anchor for clients during periods of panic or greed in the markets.
  • Examine the value you can provide to portfolios by coaching clients to avoid performance-chasing behavior.
  • See how tax efficiency can help minimize portfolio costs.
Qty
Additional materials

Note:

  • All investments are subject to risk, including possible loss of principal.
 

Our insights straight
to your inbox

Our insights straight to your inbox

Receive our latest Advisor's Digest
research
and commentary sent the
first business
morning every week.

A weekly digest of our latest research and commentary. Topics include the economy and markets, portfolio strategy, ETFs, and practice management.


Fund openings/closings, fund manager changes, dividend distributions, webinars, and other events you might want to know about.



Already registered? Log on to
manage your
email subscriptions.