Executive Editor
The Wealth Advisor
A veteran in the business of digital and print journalism, Martin joined The Wealth Advisor in January 2009. His name now appears in most U.S. financial advisors’ inboxes each day as sender of record on the 11 million emails we deploy each month.
He writes for an audience of 280,000 wealth and financial advisors including 205,000 registered investment advisors (the largest digital audience of RIAs of any industry publication), managing a staff of 5 editors and 2 researchers to produce daily wealth management news and 8 specialty newsletters focused on top-of-mind industry topics like tax protection, practice management, technology and TAMPs (turnkey asset management programs).
He also moderates industry panels and compiles our specialty annual guides on trusts, technology and TAMPs: America's Most Advisor Friendly Trust Companies, America's Best TAMPs and America's Best Trust Technology Buyers Guide.
In prior lives he served as lead market writer at CNN, ran Buyside magazine, wrote for Institutional Investor, Research, ALPHA and other publications, and dabbled in hedge fund land.
Scott's Note: I've learned to hate "red stock / blue stock" narratives (too much time watching cement companies back in the Infrastructure Week days) but clients can't get enough. This piece from LPL is about as good as it gets right now. But where I think things get REALLY interesting is where options traders think stocks will go between now and the election . . . and then after. We'll talk more about that soon.
The streamlined passive portfolio design that seemed “good enough” in the post-2008 era started showing signs of fatigue a few years ago and then broke down when the Fed started tightening.
Scott's note: Another bit of "competitive intelligence," this time from Comerica's investment and strategy team. This obviously came out the day before the Fed meeting so while the scenarios are good, it still reflects the fast-moving target that market commentary has become, especially in longer-form reports like this where one stale hypothetical can break the whole structure. Moral: control what you can control. Wait for the Fed before you publish. Your clients would rather get the reaction than the rumor.
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Scott's note: Here in Wealth Advisor PRO we're going to share best practices across firms, away from prying retail investor eyes . . . and that includes market commentary. Not an LPL affiliate? That's okay. See what they're telling their advisors to tell their clients.
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Once upon a time in the distant land of Wall Street, there was a revolutionary investment tool called the ETF, or exchange-traded fund, to use its formal name. It started as a humble concept, a simple wrapper that allowed investors to gain exposure to assets organized according to an index. But little did anyone know that this unassuming innovation would go on to reshape the entire investment landscape.