GLASTONBURY, Conn.--()--Financial advisors from across the U.S. attended the 2012 Symmetry Partners Advisor Summit, held at Boston’s Omni Parker House on October 10-11, 2012. The annual event provides a unique forum for financial advisors to interact and learn about the latest academic investment research, business-building strategies and practice management tools. With $6 billion under management*, Symmetry Partners is a registered investment advisory firm and provider of investment portfolio and practice management solutions to financial advisors.
“This is a horrible environment for people who are saving for retirement”
“We refer to ourselves as a noisy company because of our open and collaborative work environment,” David Connelly, Symmetry co-founder and principal, told advisors on the conference’s opening day. “We want you to be noisy partners and tell us how our products and services are working for you and what we can do to improve them.”
On the second day, Professor Kenneth R. French, Ph.D., engaged in a lively Q&A session with John B. McDermott, Ph.D., Academic Affiliate of Symmetry Partners, LLC. The discussion topics ranged from momentum investing to the fixed income environment to discussing risk with clients. French also gave accolades to his own financial advisor.
“This is a horrible environment for people who are saving for retirement,” Professor French said. “If your clients put their savings in a riskless portfolio, their consumption power is going down every year – and riskier strategies will not necessarily save them. Your clients need to hear that if they take more risk to earn a higher expected return, they may end up with less than if they had remained invested in a riskless portfolio of TIPS.”
French, a professor at Dartmouth’s Tuck School of Business, is also a consultant and director of investment strategy at Dimensional Fund Advisors (DFA) and co-author of the Fama/French Three-Factor Model.
Day one speakers included Robert R. Albright, Ph.D., founding partner of AIM Consulting Associates, LLC, who spoke about the success of Walt Disney’s customer service model, and John B. McDermott, Ph.D., academic affiliate to Symmetry Partners, LLC, who spoke about opportunities in today’s fixed income markets.
The advisor-focused forum also offered several CFP® CE Credit approved breakout sessions focused on business-building strategy and marketing and communications solutions.
About Symmetry Partners
Symmetry Partners LLC is an investment adviser registered with the Securities and Exchange Commission and based in Glastonbury, CT. With approximately $6 billion* in assets under management, including sub-advised assets, Symmetry has re-defined the traditional investment approach to create a more balanced, more rational, and less emotional experience for clients of financial advisors. In portfolio construction, Symmetry uses institutional-class funds from DFA, as well as low-cost investment solutions from leading names that include Vanguard, Blackrock, and State Street Global Advisors.
*Symmetry manages $6 billion in combined assets under management and sub-advised assets as of August 31, 2012