Financial advisers in the United States are demonstrating a commitment to risk management over investment yields, with lessons for Australian practitioners, a State Street study tour has discovered.
Investment management service provider Implemented Portfolios recently undertook a study tour of US financial planning firms – facilitated by State Street – in which it became clear that the philosophy of outcomes-based financial planning has taken hold in the USA, with benefits being reaped by the registered independent adviser (RIA) community.
