Like many advisers across the U.S., Greg Ghodsi fielded calls from clients worried about their diminished portfolios after markets plunged in response to Britain’s Brexit vote. But those calls, he says, were far fewer than in prior market crises, largely because his clients weren’t looking so much to pull out of global equities. They already were heavily weighted in U.S. stocks.

Ghodsi and his four colleagues, all Raymond James advisers at the 360 Wealth Management Group of Tampa, Fla., work with clients concentrated in domestic equities, some of whom want to keep their money invested primarily in U.S. stocks. But there’s a downside to that domestic bias; namely, what happens to risk diversification? The challenge, Ghodsi says, perhaps worsened by Brexit, is persuading such clients going forward to move to a more internationally diversified portfolio.

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