Entering text into the input field will update the search result below

Active Management, The Business Cycle, And The Silk Road

Aug. 07, 2018 2:24 PM ET
AllAboutAlpha profile picture

LPL Financial’s 2018 Forum Conference for investors took place in Boston this week, Sunday through Tuesday. This is an annual event that brings together thousands of advisors and program managers to discuss industry issues and new products.

LPL is an independent broker-dealer headquartered in Boston, with offices in Fort Mill, South Carolina and San Diego, California. Its subsidiaries include LPL Insurance Associates, Fortigent LLC, and The Private Trust Company NA.

One regular participant in the annual Forum is Kashif A. Ahmed, the founder and President of American Private Wealth, based in Bedford, Mass. APW is a financial planner that offers what it calls “bespoke” solutions. It also offers an international perspective: Ahmed was born in Pakistan and spent what he describes as his “formative years” in Kuwait before the Iraqi invasion of that country in 1990.

We spoke to Ahmed about APW, LPL, and today’s investment scene in the U.S. and in the world.

AAA: You recently tweeted that the independent broker dealer space is the “future of the industry” and LPL is a great home. Can you explain? What does LPL do for you? What is the broader trend of which it is a part?

Ahmed: Our firm uses LPL as its broker-dealer. It is the largest independent BD in the country by headcount. Under its new leadership many positive changes have been deployed that have increased the efficiency of running our business and LPL seems committed to making sure the improvements continue.

AAA: Do you agree or disagree with the school of thought that says that for most retail investors, the best course, especially in equities, is to avoid anything that smacks of stock section or alpha hunting, to go with funds that mirror broad-based indexes? If that view is valuable for a wide base of investors, then can you tell me for whom the

This article was written by

AllAboutAlpha profile picture
AllAboutAlpha.com is an online strategic information service for the asset management and hedge fund industries. Like a research firm, we immerse ourselves in the latest academic research, scan the headlines and provide subscribers with what we think they need to know as the asset management industry enters a period of rapid evolution. Like a “blog,” we deliver those insights in a manner that is easy to digest, frequent and tempered by our own unique view of the world. AllAboutAlpha.com is not a media firm or general hedge fund portal. Instead, we partner with these companies to shine a focused light on issues of a strategic importance to asset managers. We do not cover hedge fund launches, “people-moves,” or the performance or profiles of specific funds. We do not provide information on how to launch a hedge fund, legal or operational issues, or the investment outlook for particular strategies. We focus solely on uncovering the common denominators that tie together seemingly disparate developments to help our subscribers anticipate and manage change. With nearly 1,000 archived articles and entries, and new material added daily, AllAboutAlpha.com is research tool designed to be an “early warning” system for asset managers, service providers, and investors. Whether you simply visit on a daily basis to read our latest thoughts, or whether you subscribe to our Knowledge Base of archives and “research dossiers” as you create reports, pitches, internal research materials or publications, we hope you find AllAboutAlpha.com a valuable addition to your other research sources.

Recommended For You

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.