Asset Allocation Preparation

Marc David Broidy obtained his BA in Theater from Pitzer College in California before proceeding to Yale to pursue a masters in Theater Management. He has served in several industries and is a former member of the board of governors at Cedars-Sinai hospital in Los Angeles, California. Marc Broidy also worked as a financial advisor at Smith Barney in New York City, tasked with preparing clients' asset allocation.

Asset allocation is an investment strategy that entails individuals dividing their investment portfolios into various separate asset classes to help minimize investment risks. The following steps will help an investor or financial advisor prepare an asset allocation.

Defining the investment objectives
The type of investments an investor will make depends on their objectives. As such, investors should give maximum thought to this stage, whether they're saving for retirement or financial stability in the future.

Determining time horizon and risk factors
Investors should identify their liquidity constraints and investment time horizon. Similarly, the investor would have to decide on their risk tolerance level (risk-averse or risk-taker) by considering factors like monthly income and expenditures and age.

Understanding different asset classes
An investor can work with three broad asset classes: cash, fixed-income, and equities. The riskiest asset class, equities, has the potential for delivering the highest returns and may include ordinary shares or funds that an investor can transact through an agent or broker. In contrast, fixed-income or debt provides more stable, but lower returns. Investors might invest in bond funds rather than directly in bonds to gain exposure in this asset class.

Lastly, cash equivalents or cash provide small or no returns. However, their liquidity makes them valuable during emergencies. 

The Physicists - 1994 Pomona College Theatre Department - Lighting Design by Marc D. Broidy

 

Last Known Photo of Babe Ruth

 A Dying Babe Ruth In Memorial Hospital July 29, 1948

New York – Babe’s Most Recent Picture – This picture, taken at Memorial Hospital here July 29, is believed to be the last picture of the baseball idol. It was made just before the Babe’s most recent relapse. With him is Steve Broidy of Allied Artists movie studio, who is presenting Ruth with a check for the Ruth Foundation for underprivileged children. The homerun king’s condition today was critical.  photo – AP, August 11, 1948

Dr. Ian Jay Kaufman - Obituary

 New York Times - Obituary

KAUFMAN--Dr. Ian Jay. Dr. Ian Jay Kaufman, age 65, died October 3, 2005 after a prolonged battle with metastatic melanoma. Dr. Kaufman is survived by his sister Caron Kaufman Broidy and brother-in-law Steven D. Broidy of Los Angeles, as well as his nephew Marc D. Broidy of New York City. After a 40 year career practicing international trademark and patent law with the firm of Ladas and Parry, he retired as the Managing Partner in 2003. Dr. Kaufman was a world renowned attorney, having been appointed as a delegate and lecturer for many international meetings and conferences. With a passion for travel, he enjoyed fine cuisine and was a patron of the arts. In lieu of flowers, please send donations to the Angeles Clinic and Research Institute, attention: Dr. Steven O'Day, Director, 11818 Wilshire Boulevard, Suite 200, Los Angeles, CA. 90025.