A short video profile of Ross Dugas (Bolden Advisors). Dugas emphasizes empowering families to manage their own investments, critiques traditional high-fee active management, and endorses online, self-directed investing using broadly diversified index funds for low-cost, simple portfolio construction.
Chapters
Hi, I'm Ross Dugile with Bolden Advisors. What I like most about Bolden is that it empowers families. This is a traditional industry where typically someone would hand over control of their assets for someone else to manage, and they paid a significant fee for that. But this is not the 1980s. The world has changed. This is the information age. Today, investing is all done online, and you can do it yourselves. We have personal computers. We can do our own trades. Today, you can choose funds that have thousands of holdings. Gives you instant diversification. We know that typically index funds are going to be active management or stock picking. There's no secret formula. We shouldn't be paying for someone to beat the market. And managing investments is actually pretty simple, or at least it ought to be. I like that Bolden is really designed for the future of what this industry should be.