Now in its 9th year, the WealthManagement.com Industry Awards program (the “Wealthies”) recognizes companies, organizations and individuals that support financial advisor success. A record-breaking number of nominations were submitted this year - over 1,000 entries were received from more than 400 companies. ultimately honoring 80 companies and executives in the wealth management space. The Industry Awards acknowledges firms that are bringing new innovations to market that make a real difference to the daily activities of financial advisors. The new Goals-based Investing Platforms category is a reflection of how asset managers are currently investing to provide new tools and technology for advisors to better tailor recommendations and implement financial planning themes into their investment management services. If a client has no volatility limit and is sufficiently early in their glidepath, Nebo will often recommend a 100% allocation to stocks. But while this makes sense given math, past returns, etc., a little paranoid voice inside my head questions whether it’s prudent to be 100% allocated to a single asset class. What would Ben say to that paranoid voice? Read Ben's Answer by downloading the whitepaper.

Our survey found 81% of advisors distinguish between shorter-term and longer-term capital market assumptions, but only 58% think it is OK to own 100% stocks for a client. Yet, the strong evidence of the mean-reverting nature of stocks and an equity risk premium relative to bonds suggests there are circumstances where it makes sense for a client to own 100% stocks, subject to the client’s time horizon, return requirements, and risk composure. If a client has no volatility limit and is sufficiently early in their glidepath, Nebo will often recommend a 100% allocation to stocks. But while this makes sense given math, past returns, etc., a little paranoid voice inside my head questions whether it’s prudent to be 100% allocated to a single asset class. What would Ben say to that paranoid voice? Read Ben's Answer by downloading the whitepaper.

We are pleased to announce a major milestone for GMO's portfolio design platform, Nebo, which has surpassed $1 billion in platform assets one year since its September 2022 launch. Nebo (for Needs-Based Optimization) is a continuation of GMO’s history of research and innovation in areas including asset allocation, quality investing, and quantitative strategies. Nebo is not just a portfolio construction engine, it is a paradigm shift in risk assessment, redefining risk as ‘not having what you need, when you need it.' Nebo uses a proprietary multi-period shortfall optimization – built on a decade of deep research and user-led development – to generate personalized client portfolios that seek to minimize shortfall risk and align to each client's financial plan.