Thanks for reading History Lessons for the Modern Investor! Subscribe for free to receive new posts and support my work.
Download 10 Things About Patrick Here: https://mcusercontent.com/fe4f0956d7260ffa9535026f9/files/80826b59-0ed1-dace-9b9a-32592259397e/10_Things.01.
What does one of America’s most daring expeditions teach us about investing—and thriving—when the map runs out? In this episode of “History Lessons for the Modern Investor,” we trace the epic journey of Lewis & Clark, from their uncertain launch to their triumphant homecoming, drawing out the practical strategies that help you navigate markets, risk, and resilience in today’s unpredictable world.In this video, you’ll discover:
✅ Why the best plans require constant adjustment when reality intervenes✅ How real strength comes from a team (and portfolio) built on diverse skills and perspectives✅ The value of resourcefulness—using every tool and relationship at your disposal when conditions shift✅ Why celebrating small milestones helps, but keeping your focus on the long-term horizon is the truest edgeWhether you’re charting new ground in your career, facing market turbulence, or just want a story of grit and smart navigation, the Lewis & Clark expedition shows how humility, teamwork, and adaptability outlast pure ambition.👇 Watch the full episode for actionable insights—and hit subscribe for new history-backed strategies every week!#HistoryLessons #Investing #LewisAndClark #Resilience #Adaptability #PortfolioStrategy #WeeklyBriefing
Thanks for reading History Lessons for the Modern Investor! This post is public so feel free to share it.
How Advisors Are Using ETFs in Model Portfolios — and Why Consistency Is Key
This Daily Upside article examines the rise of model portfolios built around exchange-traded funds (ETFs) among financial advisors, noting that 65% of the $36 trillion allocated to model portfolios is managed in-house by firms themselves. The piece highlights several key benefits — from cost efficiency and easier rebalancing to tax advantages and the ability to serve clients at every stage of life.
My commentary for the article centers on the behavioral and operational advantages model portfolios can offer both advisors and their clients. As I explained, “Models encourage consistency, reducing the urge to time the market or chase whatever is hot.” In other words, the structure of model portfolios helps guard against the biggest behavioral pitfalls that derail long-term progress—like panic buying or selling.
The article goes on to note that model portfolios, whether built in-house or outsourced, have become a scalable solution for busy advisors who must juggle portfolio management, business building, and brand development. The increased use of ETFs as the investment building blocks for these portfolios is credited to their cost-effectiveness and tax efficiency. And while liquidity is often touted as an ETF advantage over mutual funds, most advisors here agree that, for buy-and-hold models, what really makes the difference is transparency and low friction on portfolio changes.
Other advisors in the story discuss strategies like the “core-satellite” approach, using a base of diversified ETFs for the core of the portfolio, then supplementing with actively managed funds or niche exposures as needed. And for younger, tech-savvy clients, ETF-based models deliver the kind of real-time access and visibility they expect.
On the whole, the message is clear: model portfolios using ETFs provide a foundation of discipline and scale, letting advisors spend less time tinkering with individual holdings and more time on holistic planning and client service. As I often remind clients and colleagues, resisting the temptation to chase hot trends and instead relying on a disciplined, model-driven approach with ETFs can be both a behavioral guardrail and a business advantage.
Bottom line:
Model portfolios built on ETFs aren’t just efficient—they’re a safeguard against costly emotional decisions and a way for advisors to deliver consistent value at scale and with ever-greater personalization. In today’s landscape, that’s not just good practice, it’s essential.
This episode is sponsored by Victory Independent Planning. Ready to take the stress out of your retirement? At Victory Independent Planning, we put you on the right trajectory with our exclusive VIP Retirement Glidepath™️!
Schedule an assessment now: CLICK HERE
🎯Patrick Huey is a small business owner and the author of three books on history and finance as well as the fictional work Hell: A Novel. As owner of Victory Independent Planning, LLC, Patrick works with families and non-profit organizations. He is a CERTIFIED FINANCIAL PLANNER™ professional, Chartered Advisor in Philanthropy®, and an Accredited Tax Preparer. He earned a Bachelor’s degree in History from the University of Pittsburgh and a Master of Business Administration from Arizona State University. Patrick previously served as a Naval Flight Officer from 1996 to 2005, earning the Strike Fighter Air Medal during combat operations and two Navy Achievement Medals. 👉🏻 Reach him at 877-234-8957 or schedule a time NOW.
