I've collected some data here to help you prepare for the next bad market, whenever it might come up.
I was recently interviewed by Matt Becker for The Simple Dollar in a piece about the security of your investment accounts. It's an ever-changing landscape, but some of the best in the industry are institutions like Charles Schwab and TD Ameritrade. They continually offer training to keep their independent advisor network up to speed. Check out the piece here.
Investment performance is a challenge to report well, but there are some basics that I think should be standard across the entire industry. Unfortunately, that's not the case. Every time a new client comes on board, I get to review statements from other investment advisors and sometimes I can't believe how little information they actually provide. Here are my thoughts on the key data any investment summary should provide.