Blog

While much of the current economic news has been positive, there are signs that rising interest rates are starting to take a bite out of the economy. Recently, the Atlanta Federal Reserve revised its forecast for 1Q Gross Domestic Product (GDP) growth down from more than 5% to a mere 1.9%. Despite this, The Federal […]

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Volatility has returned to the equity market with a vengeance.  As measured by the S&P 500, the first quarter of 2018 saw more moves of greater than 1% to the positive (11) and negative (12) than all of 2017 (4 positive and 5 negative).  In addition, the first quarter also posted the index’s best single […]

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One of the most important contributions a consultant can make to a client’s retirement program is creating a plan design that meets the unique needs of the plan sponsor and the participants for which the retirement benefit is being provided. Each plan sponsor is trying to solve for a retirement gap unique to their own […]

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Public service employees work for decades in hopes that a well-earned retirement awaits them as they enter their golden years. But, before they reach that milestone, their public pension plan must be prudently managed so the pension they have accrued can actually be paid. For trustees charged with making the right decisions for a diverse […]

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At this year’s National Association of Government Defined Contribution Administrators (NAGDCA) conference, AndCo Executive Director and Senior Consultant Steve Gordon was honored to act as moderator for a lineup of industry experts including Steve Ferber of PIMCO, Keith Overly of the Ohio Deferred Compensation Program and Jean Young of Vanguard. These professionals came together in […]

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What is AndCo’s Business Partnership?

September 6, 2017

Author Name By Mike Welker, CFA

While merit and skill are important, partners at our firm are considered based on who they are, not what they do or have done. We firmly believe it is our partners’ character that drives what they accomplish that can permit them the opportunity for equity participation. We have coined the phrase “net giver” at our […]

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Defining Value Series Part 1: Listening

August 15, 2017

Author Name By Mike Welker, CFA

So much in our lives is defined largely by perception. Did you enjoy the latest summer blockbuster or find it boring? Did you find dinner satisfying or lacking? In these examples, one needs only to check his or her expectations and decide from there. Was the movie critically acclaimed? Was the restaurant highly rated on […]

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The Dating Pool: A View Askew

May 15, 2017

Author Name By Troy Brown, CFA

Many people who didn’t know me earlier in life have trouble believing I was quite the hefty lad. That is the politically correct way of saying I was a “tubby kid,” but since I’m talking about myself, I don’t have to choose my words with any level of sensitivity. It all started the summer before […]

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A very common mistake when selecting funds for a defined contribution menu is overemphasizing manager performance without properly considering the risk controls, adherence to style parameters and overall selection process. If a money manager has top decile returns over a given period, does it really matter how they got there? After all, they generated superior […]

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There is a fascinating concept in Major League Baseball where, during warm-ups, the players do something called “fake hustle.” When running, they swing their arms faster than normal and over-exaggerate their leg movements but do not actually run any faster. From a distance, the coaches believe the players are hustling and giving 100%, but in […]

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