Firms identified in the article include Morgan Stanley, Creative Planning and Corient, which combined have thousands of advisors, trillions in AUM and the infrastructure to support this. Each can easily form a SpaceX task force comprised of experienced advisors without blinking an eye.
@JonLuskin What do I most value from my advisor?
• Asset allocation
• Tax planning and efficiency
• Portfolio construction
• Sequence of returns planning
• Sounding board for major decisions
• Mistake avoidance
@realEstateTrent “I am surprised by this response but request that you respect your fiduciary duty and communicate my expression of interest to your client.”
• $7,500/month = $90,000/year in additional passive (or near-passive) income. At a conservative 4% safe withdrawal rate mindset, it’s like having an extra ~$2.25M portfolio already. Over 30 years at 7% real return (historical stock/bond average after inflation), the annuity alone grows to ~$1.3 million+ if you reinvest most of it.
• +$300K cash gives immediate liquidity for lump-sum investing. At 7% annual return: ~$603K after 10 years, ~$2.3M+ after 30 years (compounded).
@AndyHVandenBerg Not a particular product (there are many), but the concept. Some decent literature out there suggesting that a 5-10% allocation to managed futures meaningfully improves Sharpe and Sortino for better overall risk adjusted returns. I’d certainly tune in. 👍