Our Robust Asset Allocation (RAA) Solution by Wesley R. Gray, Ph.D., Alpha Architect
Robustness: Strong and effective in all or most situations and conditions.
Executive Summary:
Many investors are faced with a fundamental problem: What should I do with my money?
People usually pursue one of four broad solutions to this problem--each has costs and benefits:
- Hire an expensive investment advisor that offers a limited value proposition. (generally a bad idea, although quite common)
- Hire an affordable advisor that delivers a strong value proposition. (reasonable idea)
- Hire a cheap robo-advisor that will deliver a generic, but reasonable value proposition. (reasonable idea)
- Do-it-yourself. (reasonable idea)
We think educated investors can successfully move down the "do-it-yourself" path when equipped with the tools and knowledge to move forward. There are a few critical areas to...

