April 9, 2018
“There is a tide in the affairs of men, Which, taken at the flood, leads on to fortune” — William Shakespeare, Julius Caesar Act 4, Scene 3 At the moment, I think the single most popular topic of adviser conversations is Managed Discretionary Accounts. I wasn’t surprised to find this was the case at the IMAP 2018 Adviser Roadshow, but I have been surprised by the bizarre mix of enthusiasm and trepidation that most advisers demonstrate when they introduce the topic. I thought I’d address some of the questions I’ve been asked and I’ve invited Evelyne Albrecht (EA), from MDA