Biography
David L. Allison, CFA, CIPM, is vice president and founding partner at Allison Investment Management, LLC. He has formal training in investment analysis, portfolio management, and investment performance measuring techniques. He has extensive experience managing investment portfolios for high net-worth investors. Allison is an active member of CFA Institute and the CFA Society of South Carolina, where he is a former president and currently serves on the board of directors. He holds a degree in finance from the University of North Carolina at Wilmington. Advisory services offered through Allison Investment Management, LLC. Securities offered through Triad Advisors, LLC. Member FINRA & SIPC. Allison Investment Management, LLC is a Registered Investment Advisor and is not affiliated with Triad Advisors, LLC.
Low-volatility stocks appear to provide an answer to individual investors’ concerns with empirical support showing that they tend to outperform the broader market, on average, over time. But appearances can be deceiving.
Proponents of ETFs are quick to point out the greater transparency, costs savings, diversification, and tradability that they offer relative to other investment products. However, tradability may offer some curve balls.
Four reasons to help you get the performance reporting conversation started with your investment advisor.
Lately, academics and investment practitioners have been debating over the justification of investment management fees, hedging tail risks, and whether or not active investing is in fact a “loser’s game”. But before we lose any more sleep over the intricacies of the game, shouldn’t we first make sure it’s most valuable player is keeping score?
David L. Allison, CFA, CIPM, in likening investing to surfing, provides a few valuable surf lessons for better investing.