I hope everyone enjoyed my first article in the series—Who Wins ‘Passive vs. Active’ Institutional Debate? Pt. 1: U.S. Large Cap Blend—on this highly debated subject matter. However, before we dive into the Large Cap Growth space analysis, let me respond to a few comments relative to my first article. These articles are derived from a simple database screening, with the goal of creating a pure ‘apples to apples’ comparison between the institutional-only active vs. index mutual fund space. Fund survivorship is a reasonable concern; however, for me to include non-survivorship, it would also be necessary to include all fund start-ups for the trailing five- and 10-year return ranges. Furthermore, survivorship of a fund could have more characteristics such as fund company marketing issues, fund company investment category change, or just a simple inconsistent style box drift, excluding it from the screening, etc. http://www.thinkadvisor.com/2015/05/29/who-wins-passive-vs-active-institutional-debate-pt
Andy graduated from the University of Alabama-Birmingham with a B.S. degree in Accounting. He is a Registered Investment Advisor Representative of Money Management Services, Inc and holds the designations of CPA (Certified Public Accountant), AIF® (Accredited Investment Fiduciary), CTS™ (Certified Tax Specialist), and WMS (Wealth Management Specialist). As an advisor, Andrew specializes in comprehensive financial planning, estate tax planning, personal taxation planning, retirement income distribution planning, wealth accumulation, personalized portfolio management, and fiduciary investment management services.