Baird’s Stanek Advises Seniors on Rising Interest Rates – Dallas Morning News
January 31, 2014
In a recent Dallas Morning News article, Baird Chief Investment Officer Mary Ellen Stanek says that mature investors are smart to be cautious about bonds in this rising interest rate environment, but shouldn’t avoid them.
“While it may make sense for some seniors to increase their allocation to other sectors and reduce their allocation to bonds, we would caution against abandoning bond allocations all together,” said Mary Ellen Stanek, director of asset management at Baird, a wealth management firm. (excerpt)For more information, please read the article.
Mary Ellen Stanek
Director of Asset Management