Common investing wisdom says you should stay put when markets are as rocky as they have been amid the tariff-induced downturn of the past few weeks. But some wealthy investors are looking for opportunities in the chaos, while stress-testing their current asset allocations and ensuring it aligns with their risk tolerance.
According to Denise McClain, a financial advisor and director at Hirtle Callaghan who works with high-net-worth families, her clients generally take a wait-and-see approach when stocks start sliding. “We called a lot of people when the volatility started, and they feel locked into their plan,” McClain tells Fortune. “That’s really important.”
