From time to time, I like to share with readers what I do in my "real job" at Halbert Wealth Management. We are an Investment Advisory firm in Austin, Texas and we specialize in identifying successful independent money managers. However, these are not just any money managers, they all employ active management strategies in an effort to lessen the risks of being in the market.
At the end of 2011, we ran our performance numbers on our AdvisorLink® programs and saw that ALL of our recommended managers beat the S&P 500 Index since the inception dates of each program. Not only were returns higher, but losing periods (drawdowns) were also significantly less. Higher returns with lower risk - that's the Holy Grail of investing.
In this week's E-Letter, I'm going to review the performance of our active money managers as well as discuss how you can become one of our clients, if you are not already. Even more importantly, I'll tell you why NOW may be the best time to diversify your portfolio to include active strategies.