David Edwards explains how Heron Financial applies stress test technology to clients' portfolios

asset-allocation

David Edwards talks with Bloomberg's Kathleen Hays and Vonnie Quinn on January 2 on Bloomberg Radio's "The Hays Advantage."

Edwards explained how Heron Financial Group applies the Hidden Levers stress test technology to clients' portfolios.  Use of stress test modeling shows clients how their portfolio is likely to perform under a range of economic conditions.  

A podcast of the interview can be replayed here. Depending on your browser, it may take a minute or two for the audio file to begin.  The interview can also be viewed on YouTube.

Edwards also gave the firm's stock market forecast for 2014 and described how the firm is reallocating clients' assets after spectacular gains for US stocks in 2013.