Ex-Wall Street Advisor to the Wealthy: What He’s Up to Now

Two kinds of money

Many retirees think of their savings in two parts: the money that pays the bills, and the money they won’t touch for years.

The second part is the money people often take to an advisor. Brian Jackson spent his career on the advisor’s side of that desk.

Then he changed sides.

What he saw from that side of the desk

For nearly 20 years, the advice for the second pile was the same. Buy a mix of funds. Hold them.

When a bad year comes, hold on, because it comes back.

It often has. But “hold on” is not a plan for when it doesn’t.

What he does now

The firm he joined does one thing differently.

Every trade is decided by a written rule, fixed before the trade is placed. The rule says when it gets in, and it says when it gets out.

It trades futures, in your own brokerage account or IRA, at your own U.S. broker. Vincere never holds your money.

With futures, a small amount of money controls a much larger amount, so losses can be fast and large.

And it is built to close every trade the same day, so nothing is held overnight.

It is the difference between a plan that only says what to buy, and one that also says when to sell.

It is meant for a part of that second pile a person could afford to lose, not the whole of it.