[Past Event] Alternative Investments: Seeking Returns in a Yield-Starved World
With interest rates still at near-record lows, bonds are no longer able to play their traditional role in many portfolios. As investors seek alternatives, what are the pitfalls to avoid and the opportunities to look for? Worth was joined by our special guests as we explored the wild world of alternative investments.
Featuring: Jim Baird, Partner at Plante Moran Financial Advisors and Doug Coursen, Principal at Plante Moran Financial Advisors
Jim BairdPartner, Plante Moran Financial Advisors
Jim Baird, CPA, CFP®, CIMA®, is a Partner and is the Chief Investment Officer for Plante Moran Financial Advisors and serves as a member of the firm’s Investment Committee. In this capacity, his expertise includes the development of investment strategies, portfolio construction implementation solutions, manager searches and due diligence, performance reporting, and authoring a variety of market commentaries and investment research papers. A broad range of industry associations invite him to speak each year on matters related to the economy and markets, and he is frequently quoted by national media outlets. His professional affiliations include the Investments & Wealth Institute and the American Institute of Certified Public Accountants. Baird is located in the firm’s Kalamazoo, Mich. office.
Doug CoursenPrinciple, Plante Moran Financial Advisors
Doug Coursen, CFP, is a principle at Plante Moran Financial Advisors. As a member of the ultra-high net worth practice, Doug specializes in providing investment consulting, wealth transfer consulting, and income tax planning services to some of the firm’s largest clients. He’s worked with a number of clients in preparation for substantial liquidity events, including planning for the event, post-event cash management, and the development of long-term investment strategies on a multigenerational basis. Internally, Doug serves on the firm’s alternative investment committee, charged with providing complex solutions for sophisticated client situations. On the committee, he regularly participates in manager due diligence and strategy review. Doug has collaborated with and presented to the firm’s family office services group on multiple occasions. He holds a B.A. in finance from Michigan State University, where he graduated with distinction as a Financial Markets Institute Scholar. Doug is located in the firm’s Southfield, Mich. Office.
James LedbetterChief Content Officer, Clarim Media
James Ledbetter is the Chief Content Officer of Clarim Media as well as the editor and publisher of FIN, an e-mail newsletter devoted to fintech. He is the former editor-in-chief of Inc. magazine and Inc.com, and former Head of Content at Sequoia Capital. He has also worked on staff at Slate, Reuters, TIME, and The Village Voice. He is the author or editor of six books including, most recently, One Nation Under Gold: How One Precious Metal Has Dominated the American Imagination for Four Centuries. His writing on politics, business and media has been published in The New Yorker, The New York Times, The Washington Post, Quartz, The American Prospect, The Industry Standard, Mother Jones, The Nation, The New Republic and dozens of other publications. He lives in New York City with his wife and son.