Resources

• Downloadable PDF: The Dangers or Ignoring Uncompensated Risk

• Downloadable PDF: News Release

• Downloadable PDF: Prudent Management of Investment Risk

• Downloadable PDF: Un-Measured Is Un-Managed

• Downloadable PDF: Fiduciary Liability Exposure Check-up

• Downloadable PDF: Sample Scatter Graph Illustration

• Downloadable PDF: The Unavoidable Pension Crisis, by Lance Roberts of Real Investment Advice, May 15, 2017

• Downloadable PDF: Uncompensated Risk: The Orphan of Modern Portfolio Theory, by Precision Fiduciary Analytics, Published in AICPA Tax Advisor, June 2017

• Downloadable PDF: Measurement of Removal of Uncompensated Risk in the Portfolios of Five California County Public Employee Pension Plans

• White Paper, “The Step-Child of Modern Portfolio Theory: Uncompensated Risk,” by Precision Fiduciary Analytics

• Report Link: “Uncompensated Risk & Diversification Analysis Report For the 1-YearPeriod Ended on February 19, 2016 of Selected ROBO Portfolios,” March 3, 2016, Stewart Frank, CPA/PFS, AIFA and J. Ben Vernazza, CPA/PFS, TEP (UK) emeritus (Download PDF)

• Presentation at AICPA PFP Conference, “Why Inadequate Diversification Causes Most Fiduciaries to Breach their Fiduciary Duties,” January 16, 2016, Stewart Frank, CPA/PFS, AIFA (PowerPoint available)

• For complete, original source material regarding 3rd Restatement Trust on Diversification

• Link: Report to Board of Directors of San Diego County Employee Retirement Association, “ProForma Investment Exposure Portfolio, February 28, 2015 with a Preliminary Assessment Report, Back-Testing and Evaluating Uncompensated Risk Removal,” Stewart Frank, CPA/PFS, AIFA and J. Ben Vernazza, CPA/PFS, TEP (UK) emeritus.

TWO WAYS TO ACCESS REPORT:

• (1) Click link above and click on “Item 3,” and then on next page click on “Item 3.1 Presentation.”
• (2) Go DIRECTLY to report by clicking here.
• Report on Milton Portfolio Assessment, “Risk and Diversification Analysis with Reasonable and Prudent Diversified Alternative,” January 31, 2015, Frank, CPA/PFS, AIFA and J. Ben Vernazza, CPA/PFS, TEP (UK) emeritus (Download PDF)

• “Diversification-Weighted Performance Evaluation,” January 27, 2015, James Damschroder. Link: Article on the latest methodology regarding reduction of uncompensated risk:

• “What is Diversification Worth?” Link: One of the earlier articles to address reduction of uncompensated risk, April 11, 2008, Geoff Considine.

• Glossary