There's a lot we can do to clean up your elderly parents' investments. Check out this list of the top 6 things that we consider when reviewing portfolios like these.
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.