Letters to Our Clients
The first time we meet with an individual or couple to begin discussing their investment needs, more often than not they will say something along the lines of, “we should understand this stuff better, but we don't." People across the board, regardless of age, amount of savings, or professional expertise, are embarrassed that they aren’t also investment experts. This is despite the fact that unless you've gone to college for it, you likely received no teaching on the subject in school. If you are lucky enough to be employed by a company that offers retirement benefits, what should be an educational workshop or handout introducing you to their plan instead ends up being a confusing, and often times worrisome, reminder that you weren’t taught any of this stuff in school.
Kendall J. Anderson, CFA