Tag: systematic-investing

Schwab, TD and Occam’s Razor

Posted by Tommy Mayes on 12/19/19 11:39 AM

Word Count - 703

Approximate Reading Time - 3.5 minutes

So much has been written about the consumption of TD Ameritrade by Schwab that we hesitated to say anything on the subject. However, our experience with elite advisors, investment platforms (TAMPS), and larger RIA consolidation firms leads us to the conclusion that this transaction is just the tipping point in the changing world of custody, and that now is the time for advisors to take a strategic look at all their options.

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Topics: Advisor Practice Management, Behavioral Finance, Systematic Investing

60/40 is NOT a Strategy!

Posted by Tommy Mayes on 10/24/19 10:05 AM

692 words – Reading Time about 3 minutes

Last week Bank of America boldly announced, in a research note no less, “The End of 60/40.” I am shocked they find this newsworthy, much less a topic that requires a dedicated research note. Must be a slow week… Proudly, the Blueprint team has been researching and writing about this topic since 2016, and sincerely believe we originated the phrase The 60/40 Problem back then. Anyone that has visited our website has seen this banner link to a white paper written in April 2016. If you want to get the team really fired up, just ask about the topic. Today though, I thought I would share the more practical Cliffs Notes version to refresh the uninitiated.

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Topics: Systematic Investing

Free Equity Trades: Winners & Losers

Posted by Brandon Langley on 10/4/19 1:12 PM

The Impact on Advisors (Does Free = Free?)

A frequent topic in our writing is the changing landscape for advisors and investors in terms of the cost of doing business and the impact of technology. With so much rapid change taking place in the industry, there has not been a shortage of material. In fact, it was only a few years ago that things like trading commissions were a major consideration when developing investment strategies. What are now mainstream approaches, like passive investing, robo-advising, and low to no commissions, were once either obscure or did not exist. We are now simultaneously experiencing peak passive and a new low in the race to the bottom on fees.

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Topics: Transparency, Systematic Investing

Baked in the Cake

Posted by Brandon Langley on 9/10/19 1:01 PM

Vanilla is a fascinating ingredient. It is one of the most popular flavors worldwide and is incredibly common for use in baked goods. The process of creating vanilla flavoring is time-consuming and labor-intensive intensive, which is why in its purest form it is also one of the most expensive spices in the world.

Vanilla’s widespread use and high value alone are not what makes it interesting. Take vanilla and add it to a cake mix and it enhances the flavor, turning an ordinary result into something great. But if you first bake the cake and then drizzle even the highest quality vanilla over it, you have effectively ruined the cake.

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Topics: Behavioral Finance, Systematic Investing

Volatility vs the Human

Posted by Tommy Mayes on 8/21/19 10:14 AM

If you are paying any attention to the media the last few weeks you know at least two things: China and the United States are having a tariff standoff, and the market (AKA all things tradeable) is having a rough end to the summer. On the latter point, why does volatility to the downside drive so much hysteria and so many prime time CNBC specials? I believe it is simply because we are all human.
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Topics: Behavioral Finance, Systematic Investing

Forbes interview with Blueprint
60/40 problem CTA block

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