INSIGHTS

Most portfolios today are still built on an idea that made sense in a different market era. The 60/40 Problem The 60/40 portfolio — sold for decades as “balanced” — failed investors when both stocks and bonds dropped together. The industry’s fix? Repackage it as direct indexing. Better wrapper, same passive bet. And until recently, even that was only available to ultra-HNI clients and institutions. Investors deserve more. We think investors deserve better than that. Direct In