Key Takeaways
- • Dayna Kleinman, Managing Director and Head of US Wealth at Sagard, discusses the case for private credit and alternatives as a complement to the traditional 60/40 stock-bond portfolio on The Advisor Upside Show.
- • The conversation covers Sagard's strategic partnership with Baird and where advisor private-market allocations stand relative to home office guidance.
- • Kleinman addresses the expansion of private-market investments into 401(k) retirement plans, with liquidity and valuation transparency identified as key considerations.
- • Kleinman, recently elected to the board of the Institute for Portfolio Alternatives, advocates on Capitol Hill for expanded access and a modernized accredited investor definition.
Summary
The Daily Upside's Advisor Upside Show features a discussion on whether the traditional 60/40 portfolio is due for a rethink and what role private credit and alternative investments should play in modern client portfolios. Host John Manganaro interviews Dayna Kleinman, Managing Director and Head of US Wealth at Sagard, who draws on more than 30 years of industry experience, including leadership roles at Baird and Monroe Capital.
The episode examines the growing role of private markets in wealth management, along with the opportunities and risks facing financial advisors. Kleinman discusses Sagard's strategic partnership with Baird and compares current private-market allocations with home office guidance. She also outlines how advisors can evaluate opportunities beyond traditional stocks and bonds.
The conversation addresses the expansion of private-market investments into 401(k) retirement plans, highlighting liquidity and valuation transparency as central concerns for advisors and plan participants. In the second half of the episode, Kleinman, recently elected to the board of the Institute for Portfolio Alternatives, describes her advocacy on Capitol Hill for expanded access to private markets and a modernized accredited investor definition.
The source is a podcast episode description and does not provide specific allocation percentages, fund sizes, or performance figures.
The episode examines the growing role of private markets in wealth management, along with the opportunities and risks facing financial advisors. Kleinman discusses Sagard's strategic partnership with Baird and compares current private-market allocations with home office guidance. She also outlines how advisors can evaluate opportunities beyond traditional stocks and bonds.
The conversation addresses the expansion of private-market investments into 401(k) retirement plans, highlighting liquidity and valuation transparency as central concerns for advisors and plan participants. In the second half of the episode, Kleinman, recently elected to the board of the Institute for Portfolio Alternatives, describes her advocacy on Capitol Hill for expanded access to private markets and a modernized accredited investor definition.
The source is a podcast episode description and does not provide specific allocation percentages, fund sizes, or performance figures.
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