A Journey in Outsourced Asset Management

In a candid and insightful discussion, Kenny Rabson, CEO of Discovery Invest, shares the company's strategic vision and operational nuances. Founded in 2007, Discovery Invest adopts a distinctive model of outsourcing asset management while designing tailored investment solutions.  

Rabson explains the pivotal role of partners like 91 and BlackRock, renowned for their robust capabilities and global footprint, in delivering optimal investment outcomes. Central to Discovery's ethos is incentivizing responsible investing behaviours, encouraging clients to adopt a proactive approach towards financial planning.  

Rabson articulates the intricacies of managing investments amidst volatile market conditions, marked by surging inflation and geopolitical uncertainties. He underscores the significance of consistent asset management performance, citing it as a hallmark of reliability for clients and financial advisors alike.  

Moreover, Rabson outlines Discovery's commitment to empowering financial advisors, facilitating access to expert insights and solutions through partnerships like Cogence.  

As the investment landscape evolves, Rabson acknowledges the complexity inherent in decision-making, urging stakeholders to embrace adaptable strategies and prudent risk management. Through collaborative efforts and a client-centric approach, Discovery Invest seeks to foster enduring financial wellness and resilience in an ever-changing market environment.

Key Takeaways

• Outsourcing Asset Management: Discovery Invest's strategy involves outsourcing asset management to renowned partners like 91 and BlackRock, enabling clients to benefit from expert management while focusing on tailored investment solutions.
• Focus on Responsible Investing Behaviors: Discovery Invest incentivizes responsible investing behaviors among clients, encouraging contributions from a younger age and prudent drawdown strategies in retirement to ensure long-term financial security.
• Navigating Complex Market Dynamics: Rabson highlights the challenges posed by volatile market conditions, including inflation spikes and geopolitical tensions. He underscores the importance of adaptability and expertise in managing investments effectively amidst uncertainty.
• Role of Financial Advisors: Financial advisors play a crucial role in guiding clients through intricate investment landscapes. Rabson emphasizes the significance of relying on proven strategies and consistent performance from asset managers, while also advocating for the use of partnerships like Cogence to streamline decision-making processes.
• Global Perspective: Rabson discusses the impact of global trends, such as decarbonization and political shifts, on investment strategies. He emphasizes the need for a nuanced understanding of global markets and emerging opportunities to achieve optimal returns for clients.

• Accessibility and Support: Discovery Invest provides accessible avenues for financial advisors to engage with expert solutions, such as through the Cogence partnership. Rabson underscores the importance of collaboration and support networks in navigating complex investment environments effectively.