12.29.22
'Efficient' Portfolios Have a Holistic Aspect, PGIM's Blanchett Explains
by: Jennifer Lea Reed
David Blanchett, a managing director and head of retirement research at PGIM DC Solutions, says that advisors need to look at a client’s total wealth, the goal, the need for income at a later date, taxes, time and the possibility of client regret when working to build an efficient portfolio. “There’s nothing fancy here," he says. "The takeaways are how some of these concepts matter and how some of the frameworks that you might typically use might be wrong for someone based upon all these factors.”
Read the full article on Financial Advisor