Dana's longest-tenured portfolio management is worth mentioning, which boasts 16 years of average tenure. In general, seasoned teams tend to have more experience in both up and down markets. Portfolio manager turnover at Dana has been low over the past five years, building confidence that the firm is working to establish a stable and engaging culture. Dana strategies have failed to have lengthy success. In particular, the firm's five-year risk-adjusted success ratio demonstrates that only 25% have both survived and beaten their respective category median on a risk-adjusted basis. A low success ratio indicates poor performance and raises questions about a firm’s discipline around investment strategy and product development.
Dana Anspach: How to Build an All-Weather Retirement Plan
A noted financial advisor shares how she helps clients manage sequence risk, high inflation, and the wild card of long-term care.