|
As more and more Americans are realizing the importance
of proper investment planning for their future and retirement, the
vast amount of industry-related products, services, and choices become
apparent. Considerations that can directly affect the individual
investor such as tax law changes, product distinctions, and risk have
become priorities for investors who often rely on industry professionals
for guidance.
New investors will
continually be drawn to the stock market. The massive Baby Boomer
generation is now entering their peak earning and spending years
and as they prepare for retirement, their consumption for financial
services will increase considerably. A substantial transfer of
wealth is set to occur as Boomer’s prepare to inherit estates
from their parents and make the investment decisions that come
with it.
We feel that areas including brokerage and
investment management, tax and estate planning, and related
companies will benefit from this demand.
Disclaimer
Investment results will vary. These
examples are used to illustrate why the Advisor utilizes
these industries as the core of the asset allocation
model, and is no way intended to suggest that the fund
performance will replicate the performance of these
industries.
There are risks involved with investing in these industries
which may be adversely affected by changes in economic
conditions as well as legislative initiatives, all of
which may impact the profitability of companies in this
industry.
|
