Real Assets Adviser’s Post

"Advisors need to make the effort and be “purposeful” about staying current, he said. “You can’t rely on learning through osmosis,” he said. “You have to actively engage in seeking information and knowledge.” #HatTip Good story from Ben Mattlin #StayCurrent #PrivateWealth #WealthManagement #RealAssets #PrivateMarkets #AlternativeInvestments #Alts #UHNW #HNW #FamilyOffices #IBD #RIA #PrivateInvestments

#Thoughtleadership from William Marr of Welton Investment Partners "The traditional 60/40 model is insufficient for meeting many investors’ goals and RIAs need other options. 2022 was a terrible year for 60/40 strategies, but there seem to be a lot of advisors who believe it was an aberration and gained confidence as 2023 rebounded. But on closer examination, that is just not the case. Since January of 2022, the S&P 500 has had 12 negative months and, in every one of these cases, global bonds have sold off as well. The protective quality of bonds during recent “flight to quality” periods has been non-existent. The income component is a nice addition to portfolios, but the non-correlation has disappeared. As a result, RIAs are searching for non-correlated strategies to provide protection during market dislocations and build more resilient portfolios." #PrivateWealth #WealthManagement #RealAssets #PrivateMarkets #AlternativeInvestments #Alts #UHNW #HNW #FamilyOffices #IBD #RIA 

"This illiquidity presents a unique opportunity for family offices that can afford to be patient. According to a Wealth Management report, their long-term investment horizon and flexibility position them to capitalize on market dislocations that might scare off others." #PrivateWealth #WealthManagement #RealAssets #PrivateMarkets #AlternativeInvestments #Alts #UHNW #HNW #FamilyOffices #IBD #RIA #PrivateInvestments #PrivateCredit #PrivateEquity #RealEstate

Why Invest in Private Markets? #ThoughtLeadership from Scott McClatchey @ Ballast Rock Private Wealth "It’s certainly an exciting time for accredited investors wishing to implement institutional-style portfolios, now that many of the largest and most respected private firms are democratizing some of their flagship funds, providing accredited retail investors access to private asset classes heretofore unavailable." #PrivateWealth #WealthManagement #RealAssets #PrivateMarkets #AlternativeInvestments #Alts #UHNW #HNW #FamilyOffices #IBD #RIA #PrivateCredit #PrivateDebt #PrivateInvestments #AdvocatesforRealAssets

“Remember you are buying a strategy and not just broad market exposure, so the quality of that underlying asset is of paramount importance. People very often forget that the diversification of returns can be very large and it can be impossible to access the best strategies." Dan Kemp  #PrivateWealth #WealthManagement #RealAssets #PrivateMarkets #AlternativeInvestments #Alts #UHNW #HNW #FamilyOffices #IBD #RIA #PrivateInvestments Laura Dew

"Thanks to the innovations and fee competition, individual investors can now gain access to these alternatives, which can provide significant diversification benefits to traditional stock and bond portfolios as well as providing risk premiums for their asset class—and, in many cases, an illiquidity premium as well. That is why I have more than a 50% allocation." Larry Swedroe #PrivateWealth #WealthManagement #RealAsets #PrivateMarkets #AlternativeInvestments #Alts #UHNW #HNW #FamilyOffices #IBD #RIA #PrivateInvestments #PrivateCredit #PrivateEquity #RealEstate

This week’s Financial Times brings attention to some of the key themes I covered in my recent Linkedin posts, “What are the main topics in Family Office Forums for Q4 related to private markets?”. The article emphasizes the rise in secondary sales, where institutional investors are offloading stakes in aging private equity funds, driven by an evolving private equity playbook for the next decade. Disclaimer: This article is part of my personal opinion weekend series. #PrivateMarkets #PrivateEquity #VentureCapital #FamilyOffice #WealthManagement #AlternativeInvestments #UHNW #AssetManagement

"The firm is hoping to attract advisors who are looking to retire in the near term, and isn’t focused on advisors from any particular channel." “We don’t know whether we’re going be a better fit for the mutual fund channel or [securities channel],” Boakye said. “We just know there’s a need, and so that’s part of our strategy — to take a slow approach.” #PrivateWealth #WealthManagement #RealAssets #PrivateMarkets #AlternativeInvestments #Alts #UHNW #HNW #FamilyOffices #IBD #RIA #PrivateInvestments

“The current asset allocation to alternatives is about 9%, with that mid-teens area that I think a lot of us aspire to being 13% to 15%,” said Danielle Singer, CFA, head of alternatives strategy at Invesco. “If you look at the broadest cross-section of advisors, though, that current allocation is actually closer to 0% to 5%.” #PrivateWealth #WealthManagement #RealAssets #PrivateMarkets #AlternativeInvestments #Alts #UHNW #HNW #FamilyOffices #IBD #RIA #PrivateInvestments #PrivateCredit #PrivateEquity #RealEstate

"As advisors consider allocating capital, we think it is important to draw a distinction between putting capital to work in 2024, versus capital that was committed prior to 2021 when private markets were near peak valuations." #PrivateWealth #WealthManagement #RealAssets #PrivateMarkets #AlternativeInvestments #Alts #UHNW #HNW #FamilyOffices #IBD #RIA #PrivateInvestments #PrivateCredit #PrivateEquity #RealEstate