Go Wide, Not Deep
Key to a good retirement plan menu is quality, not the number of funds.
By David Blanchett and Dan Bruns
How would you feel if you had to build a portfolio using only four or five funds? Probably not very happy. Sure, it’s possible for an investor to build diversified, high-quality portfolios using a few building blocks, especially if those blocks are themselves diversified and high quality, but advisors tend to build well-diversified portfolios using lots of funds.