“What we find is that people don’t really understand what asset allocation means,” says Mark Berg, CFP, national board member of the National Association of Personal Financial Planners and the president of Wheaton, Ill.-based Timothy Financial Counsel Inc.
See the full article “Asset Allocation in Hard Times” by Data Dratch in The Fiscal Times that includes Mark’s quote. The article explains what financial advisors really mean when they talk about asset allocation.