Risk and Spending Flexibility
How to introduce a discussion around the probability of distributions as a measure of uncertainty versus probability of returns.
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View DetailsMarch 17, 2020
Michael Finke, PhD, CFP®, professor of wealth management and director for the Granum Center for Financial Security, interviews Nobel Laureate in Economic Sciences and Professor of Finance Emeritus at Stanford University William Sharpe, PhD regarding approaching wealth management not from expected portfolio returns but what the client might be able to spend overtime. Sharpe advocates providing clients with the probability of distributions over probability of returns.
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FinServe Ambassador Talks Coordinated Legacy Planning
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