5 Reasons to Consider Proactive Management 

• Buy and hold is dead(ly)—While bull market runs are impressive, history shows it is not a matter of “if” but more a matter of “when” the next bear market will occur.
  
  
• Investment expert Kenneth Solow sums it up: “Patiently waiting for stocks to deliver average returns does not rise to the level of an investment strategy.”

• Bear market math is daunting—It takes longer than most investors think to recover from bear markets—a gain of 50% is needed to overcome a 33% portfolio loss.

• Risk first: always—No one would ever jump into a car without brakes, so why would investors even consider having an investment strategy that did not have a strong defense?”

• Proactive management aligns with investor psychology—Behavioral finance studies have documented that investors are twice as worried about loss as they are about gains.
  
  
• Does “set it and forget it” really make sense?—For retirees or those approaching it, the “sequence of returns” dilemma can have a devastating effect on future income needs.
  
  
• Proactive management offers a prudent path to achieving the twin goals of asset preservation and compounded capital growth.