Browsing Tag
Ron Surz
45 posts
Managed Account QDIAs are Based Upon Risk Capacity Data — No Communication Whatsoever
Ron Surz says that to actually manage, you need to know risk tolerance, which requires communication because tolerance is emotional
Surz Releases Book Championing Better, Safer TDFs
“Fixing Target Date Funds” makes his case for why they are broken by exposing near retirees with far too much risk at their target dates
Risk Capacity Used in PTDAs is Much More Dangerous Than Risk Tolerance
Ron Surz says Personalized Target Date Accounts providers are taking excessive risk because they confuse risk capacity with risk tolerance
Benchmarking Personalized Target Date Accounts
Ron Surz provides a template for benchmarking PTDAs, removing an excuse for not providing them
What Q1 Stock Setback Means to TDF Investors—Imprudence that was Hiding Until Now
Ron Surz says most target date funds are not diversified, but undiversified concentration in US stocks and bonds was helping until now. Diversified glidepaths perform best in Q1
The Yin and Yang of Personalized 401(k) Investments
Ron Surz says personalized products are not all the same. Personalization requires interaction
Truly Managed Accounts are Not QDIAs: Opinion
When is a managed account not managed? When it’s a QDIA,” says Ron Surz
Smart Personalized 401(k) Investments
Ron Surz says personalization is for the wealthy because they do not default. For the poor who do default, the answer is “personalized” safety for all in their QDIA
Personalized Target Date Accounts Provide Ability to Manage Risk Preferences
Ron Surz says fund managers are coming to market with PTDAs melding target date glidepaths with managed accounts, removing the one-size-fits-all shortcoming of TDFs
What Baby Boomers Need to Know About Target Date Funds, and Why
Ron Surz says excessive risk is the most important TDF characteristic and laments attention given to things that don’t matter