iSectors Blog: Vern Sumnicht


Does Modern Portfolio Theory Still Work?

The following article by iSectors CEO, Vern Sumnicht, was originally published on Financial-Planning.com in 2013. Vern wrote about the basic tenets of the original Modern Portfolio Theory (MPT) and discussed the challenges MPT faces in “the...

Principles of Modern Portfolio Theory Remain Valid After Five Decades

In February 2015, iSectors Post-MPT Growth Allocation hit a milestone: 10 years of live return data (read more here). In 2009, iSectors CEO Vern Sumnicht wrote an article focused on the Post-MPT models and Modern Portfolio Theory in...

No Modern Portfolio Theory is definitely NOT dead

A note from Vern Sumnicht… The piece I wrote back in 2009 was more or less a knee-jerk response to an article titled, “Modern Portfolio Theory is Dead.” The point was to simply ask...

Is Modern Portfolio Theory Dead?

iSectors’ flagship strategy, the Post-MPT Growth Allocation, has reached a milestone: 10 years of live return data as of Sunday, February 1, 2015. The model’s inception in February 2005 was a precursor to the...

So what about this stock market situation?

By Vern Sumnicht It’s obvious that the stock market looks pretty weak right now–this seems to be a pretty common occurrence every September-October period. It’s impossible to know where the next few months will...

Outsourced ETF strategies supports stronger advisor-client relationships for continued business growth

By Vern Sumnicht In a study by CEG Worldwide, a consulting firm for advisors, a shift (2001 through 2012) was identified regarding advisor emphasis on client relationships as opposed to the historical advisor emphasis...

Reactions to my article…the nasty surprises behind 401(k) group annuities

By Vern Sumnicht I thought I’d share something I posted a few days ago in reaction to some of the comments that came in on my September 17, 2014 article for Employee Benefits Views (the...

Yes, we do need to make 401(k)s better…

by Vern Sumnicht It is refreshing to read about and really be able to “hear” John Bogle’s honesty in last week’s article by Jennie Phipps for Bankrate.com about the future of 401(k) fees. I’ve been an investment...

Correlation Convergence is Hurting Your Investment Performance

by Vern Sumnicht, MBA, CFP What is Correlation? Correlation is a statistical term that helps describe the relationship between two investments, enabling an investor to determine how similar two investments are to each other....

Correlation Convergence is Hurting Your Investment Performance

By Vern Sumnicht, MBA, CFP® What is Correlation? Correlation is a statistical term that helps describe the relationship between two investments, enabling an investor to determine how similar two investments are to each other....