Around year-end we tend to have a lot of conversations with clients about rebalancing, tax loss selling, and the role these strategies play in managing an investment portfolio. This conversation is all the more pertinent when volatility starts to spook investors – something we’ve seen in the past two months.

Months like October are the reason you so often hear us talking about the merits of diversification.

With the close of the third quarter on September 30, this is a natural point to look back on the year and see where we are.