Here’s How a Market Drop Could Punish RIA Owners—and What to Do About It
When it comes to steep market correction, the owner of Rias is facing the risk of triple threat. Their customers may lose money, their own investment portfolio value may decline, and the company’s corporate values will be hit. In this episode of “Deep Diving”, the host Jay Hummel, Jay Hummel, talked with Scot Billington about risks and how to hedge risks.
SCOT suggested that RIA owners considered reducing the contact of the S & P 500 index, and although the cost was high, the protection option was used. Discussion also discussed how the financial advisory guides customers to manage risks, especially during market fluctuations.
Scotchbi Line: SCOT co -founded Covenant Capital Management with the registered commodity trading consultant Covenant Capital Management in 1999. Earlier, SCOT was a commercial hedge commodity agent and was a market businessman of the Chicago Board of Directors.