@article {Statman16, author = {Meir Statman}, title = {The 93.6\% Question of Financial Advisors}, volume = {9}, number = {1}, pages = {16--20}, year = {2000}, doi = {10.3905/joi.2000.319394}, publisher = {Institutional Investor Journals Umbrella}, abstract = {Financial advisors provide great value as managers of investors and managers of investments; they do not enhance their value by misinterpreting Brinson, Hood, and Beebower{\textquoteright}s 93.6\% figure. This article focuses on the value of financial advisors; the contributions of strategic asset allocation, tactical asset allocation, and security selection; and the interpretation of asset allocation figures.}, issn = {1068-0896}, URL = {https://joi.pm-research.com/content/9/1/16}, eprint = {https://joi.pm-research.com/content/9/1/16.full.pdf}, journal = {The Journal of Investing} }