Updated Saturday, May 25, 2013 as of 8:22 PM ET
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Risk Management Critical for Clients, Advisors
Elizabeth Wine
“Advisors talk about Black Swan events and tail risk – you didn’t hear retail planners talking about tail risk 10 years ago, or if you did it was the top 1% of the group. Now, it’s the new nomenclature,” said Jeff Montgomery, head of AFAM/Innealta Capital.
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