
Bridging Financial Planning and Factor Investing with Northern Trust's Peter Mladina
Excess Returns
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The Risk of Human Capital in Asset Allocation
Human capital is, for most people, kind of the largest, biggest, non-traded asset they have. And it's an asset that is available to fund current future goals. Any sophisticated goals based approach needs to take into account human capital. The variability of net human capital and the ability of an individual to save is actually highly volatile.
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