Resources

Ayako Yoshioka, CFA®, Portfolio Consulting Director at Wealth Enhancement, was  interviewed on CNBC Closing Bell: Overtime.     

Fred Dent, CFA®, Senior Vice President and Financial Advisor at Wealth Enhancement, was interviewed on WRKF 89.3 - Baton Rouge Public Radio. 

Financial advisers often highlight the importance of comprehensive financial planning. But what does it actually mean?

True to form, 2025 delivered its share of surprises. U.S. stocks returned 17.2%¹ (another solid year) but international developed markets gained 33.1%², marking their strongest out performance relative to the U.S. since 1993. Investors who remained committed to global diversification were well rewarded for their patience and conviction.

Stock pickers fall into this trap most often. Losses are easy to sell; winners are not. The better an investment performs, the more emotionally difficult it becomes to reduce exposure. Eventually, their portfolios become collections of can’t sell positions – assets that dominate risk not because of analysis, but because of inertia and embedded taxes. The issue is rarely a lack of intelligence or effort, rather, it is the absence of a disciplined process that removes emotion from decisions.