Recession Resistant Real Estate Radio

Risk Management vs Performance: What Your Advisor Won't Tell You With Kirk Chisholm

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0:00 | 56:42

"You can't manage performance, but you can manage risk. If you do your research coming in, if you do your diligence, if you do the risk management up front, the back end takes care of itself."
~Kirk Chisholm~

Kirk Chisholm is a principal and wealth manager at Innovative Advisory Group, an independent registered investment advisor. Named one of the seven most influential financial advisors on Investopedia's top 100 and a top 10 social media all-star in the financial industry, Kirk breaks down the critical difference between fiduciaries and traditional brokers. In this episode, Kirk reveals why risk management should come before chasing returns and shares his asymmetric risk-reward framework that's guided his 26-year career.

Learn More About:

  • The critical difference between fiduciaries and broker-dealers that affects your wallet
  • Why asymmetric risk-reward relationships beat 50/50 coin flip investments
  • How to evaluate potential loss vs upside before making any investment
  • Why focusing on risk management creates better long-term returns than chasing performance
  • The framework for analyzing any asset class from stocks to real estate

Connect with Kirk Chisholm:
Podcast: The Innovative Advisory Group podcast (running since 2014) Company: Innovative Advisory Group - independent registered investment advisor in Lexington, Massachusetts