Why active management has a place in 2025 and beyond

It's been yet another volatile – but profitable – year for markets, reinforcing the old adage that it's time in the market that counts, rather than trying to time markets. I don't have to tell you that staying invested and focusing on the long term tends to be the best advice for the bulk of clients. Yet this advice can be so hard to give, especially with today's 24/7 news cycle, daily portfolio prices accessible on everyone's phone, and political upheavals creating uncertainty with disquieting regularity. But in reality, it's always been like this. Except the phones. They're new. ...