BDF’s Carlson On Navigating Client Conversations During Times Of Volatility

Chad Carlson, Owner, Wealth Manager & Director of Research, Balsa Dinverno Foltz met with Julie Cooling, Founder & CEO, RIA Channel to discuss navigating client concerns through market volatility.

“We can never really predict the future,” says Carlson on the potential of recession. Instead, BDF places their focus on making the most of opportunities in the market. Diversification, a seemingly obvious factor in portfolio protection, isn’t necessarily the “free lunch” it is perceived to be, explains Carlson.  Pulling investments away from a hot U.S. stock market and into a generally under-performing international market, can seem “pretty painful” for clients, especially in the short term. But in the long term, as things cycle and the international markets ultimately rebound, a diversified approach is vital to building sustainable wealth.

Balsa Dinverno Foltz is a $4 billion Registered Investment Advisor, based in Illinois.