TSS Episode 125: Barry Ritholtz on Financial Advisers, Clients, Mkt Outlooks and Building Portfolios by The Sherman Show™ published on 2022-09-29T16:18:58Z Barry Ritholtz, Chairman and Chief Investment Officer of Ritholtz Wealth Management, appears on The Sherman Show with hosts Jeffrey Sherman and Samuel Lau, live Sept. 13, 2022, at the Future Proof Wealth Festival in Huntington Beach. Among other issues, Mr. Ritholtz discusses how investment advisers (6:46) should prepare clients for the cycles and vicissitudes of markets, attractive yields in municipal bonds (9:52) and the importance of an allocation to equities even to people who are well into their retirement. The conversation turns to the Federal Reserve (12:09), including the flaws in models driving monetary policy. Messrs. Sherman and Lau ask their guest on his approach to building portfolios (21:30), including investment products and markets that he favors and avoids. In addition to munis, Mr. Ritholtz says (35:38), “Now to me, the best inflation hedge in the out years is going to be equities. Seems companies have the ability to pass along cost increases, or just say, ‘We don’t have any cost increases, but who is going to notice? Raise prices.’” The conversationalists discuss the long-lasting changes (39:45) remote work might bring to wages, the labor force and core urban market office real estate. Mr. Ritholtz shares how his firm (43:27) offers a spectrum of robo advisory, robo plus human advisory and full-time advisory providing the full suite of services, depending on client profile. Genre Business