By Scott Martin, in The Wealth Advisor, featuring Taylor H. Sutherland, CFP®, CIMA® AIF®, Director of Portfolio Strategy/ Senior Wealth Advisor at Halbert Hargrove
Instead of stocks and bonds, Halbert Hargrove breaks portfolios into three buckets: Growth, Risk Reducing, and Hybrid. The twist? A moving average strategy that shifts between equity and cash based on momentum – manufacturing better-than-bond returns while staying defensive when markets turn.
