A Growing Fiduciary Concern: Have “State-of-the-Art” Investment Menus Backfired?
The article is provided as general information only, is not intended to provide specific advice or recommendations for any individual and does not represent our views or that of LPL Financial. Some references within the article are incomplete and oversimplified. Mutual fund and stock investing involves risk including loss of principal. No strategy assures success or protects against loss. Past performance is no guarantee of future results.
There is no guarantee that a diversified portfolio will enhance overall returns or outperform a non-diversified portfolio. Diversification does not protect against market risk.
Investing in Real Estate Investment Trusts (REITs) involves special risks such as potential illiquidity and may not be suitable for all investors. There is no assurance that the investment objectives of this program will be attained.
Alternative investments may not be suitable for all investors and should be considered as an investment for the risk capital portion of the investor’s portfolio. The strategies employed in the management of alternative investments may accelerate the velocity of potential losses.
