The Stewardship of Wealth: Successful Private Wealth Management for Investors and Their Advisors, + Website

Conclusion: Equity Securities Are At the Core of Most Portfolios

Long equity securities will constitute the central core of most family investment portfolios, allowing the capital to grow along with the global economy and, with hard and careful work, adding value beyond the inherent beta of these securities. To maximize the value of a long equity exposure, family investors will need to look beyond the familiar Blue Chip stocks that were once deemed sufficient. Non-US stocks, emerging markets stocks, and even frontier markets stocks should be considered. The opportunity set for family investors is very broad, and families should take advantage of those opportunities.