Windham Insights Series

Navigating Compliance in 2019

June 24th, 2019|

It is no secret that compliance can get complicated for financial advisors. In the last few years, confusion regarding the DOL Fiduciary rule and additional changes in SEC regulations has forced firms to reassess some of their most basic processes and operations. According to the RIA Sentiment Survey released by TD Ameritrade, 30% of RIAs consider compliance and regulatory issues to be their biggest challenge in 2019.[1] Compliance violations can be costly, time consuming, and damaging to a firm’s reputation, so new rules and regulations should be taken seriously. [...]

Top Podcasts for Financial Advisors

May 2nd, 2019|

Top Podcasts for Financial Advisors We've compiled a list of  the best podcasts for financial advisors currently available. We took into consideration duration, frequency of episodes, entertainment value, and of course, the quality of the content itself. Below you'll find our top recommendations, which includes a little something for everyone! Some podcasts cover market commentary, while others focus on lessons learned in business and how to run a successful advisory firm. We will continue to update this space with new finds, and please feel free to comment with your [...]

Book Review – Rational Investing: The Subtleties of Asset Management

April 22nd, 2019|

In this quarter's edition of the Journal of Investment Management, Windham associate Savannah Smith provided a book review of "Rational Investing: The Subtleties of Asset Management" by Hugues Langlois and Jacques Lussier. It may sound odd, but the word that comes to mind when describing this book is humble. Langlois and Lussier are humble in how they present the book to the reader. They begin Rational Investing: The Subtleties of Asset Management by stating – in depth – what their mission is not: They are not trying to [...]

How to Leverage Scenario Analysis in Client Meetings

April 1st, 2019|

In our new web-based platform, Portfolio Lab, we introduced our new Scenario Analysis feature. Scenario Analysis allows users to run simulations of proposed portfolios against a client’s current portfolio and see how the proposed position would have held up during historic market events. In this article, we will discuss a few ways that advisors can leverage this simulation tool when meeting with clients. What is Scenario Analysis? Scenario Analysis is a simulation tool that allows users to test how a proposed portfolio would have behaved during [...]

Windham Labs featured on WealthTech Club

March 18th, 2019|

Earlier this year, we met with Vasyl Soloshchuk of WealthTech Club for a series of conversations about what we do here at Windham Labs. We discussed the baseline from which we conduct our research and build our products, the direction of fintech, and some of the innovations behind our platform. WealthTech Insights #54: Big Data and Analysis: Innovation vs. Convention Windham Labs: Sophisticated Analytics and Smart Wealth Management Let us know what you think!

The 2019 Guide to Asset Allocation

February 13th, 2019|

In the 65 years since Harry Markowitz formalized the theory of asset allocation, academics and practicing investment professionals have sought to master the process, to solve the puzzle that is investment risk, and to find a “fool-proof” way to protect themselves from loss. As one of the most important challenges in the portfolio construction process, the rules and nuances of asset allocation continue to surprise us in an evolving market. In this guidebook, we begin by going back to the fundamentals. Each chapter focuses [...]

Future Value

February 11th, 2019|

Suppose we want to estimate the future value of an investment based on its return history. This problem, at first glance, might seem pedestrian. Yet it involves subtleties that confound many financial analysts. Some analysts argue that the best guide for estimating future value is the arithmetic average of past returns. Others claim that the geometric average provides a better estimate of future value. The correct answer depends on what it is about future value that we want to estimate. Let us proceed with a quick review of [...]

Financial Advisors in 2019: What to Focus on and Why

January 17th, 2019|

We’re halfway through the first month of 2019, which means that most of us have already given up on the New Year’s resolutions we made so optimistically on January 1st. Even though you may have abandoned your resolve to drink less coffee this year, we invite you to consider three NEW New Year’s resolutions and set yourself up to be an even better financial advisor in 2019. These goals will help you meet and manage client expectations throughout the year, and don’t worry—we’ve provided our own [...]

The Pros and Cons of Outsourced CIOs

November 19th, 2018|

In the years following the global financial crisis, investment managers of all kinds have been under increased scrutiny when it comes to accountability, reliability, and trust. The need for more sophisticated investment strategies consequently requires more sophisticated investors, and many firms now face a difficult question: Is our in-house investment team the best possible option when it comes to managing our portfolios? Many firms are now choosing to reinforce their investment expertise by engaging an outsourced-Chief Investment Officer. In the following article, we will [...]

After the Allocation: Portfolio Rebalancing 101

November 9th, 2018|

After the Allocation: Portfolio Rebalancing 101 According to a Wells Fargo/Gallup survey, over 30% of investors would rather sit in an hour of traffic than rebalance their portfolios. Which, one can deduce, indicates that roughly one third of investors spend at least sixty unpleasant minutes when the time comes to rebalance! In this article, we seek to demystify and simplify the rebalancing process in an effort to save investors time, frustration, and confusion. Why do we need to rebalance portfolios? When you first construct a portfolio for [...]