Clients with windfalls need to diversify and mitigate risk
Including a large cash buffer can keep portfolios nimble
Portfolio managers share their picks
Investment pros tackle hypothetical client challenges
Asset-allocation ETFs aren't flashy or headline-grabbing, but they deliver consistent performance
The par account needs to provide resilient long-term investment performance
Inflation and the economic recovery will support portfolio managers looking for deals
Although U.S. stocks have performed well, valuations are looking pricey
Portfolio managers warn that economic optimism could be inflating equities valuations
Investors stand to benefit from higher commodities prices and rebounding demand