PRACTICE MANAGEMENT:An Uncommon Approach To Taming Risk

Adviser Mitch Silberman's client was worth about $5 million and, at age 62, thinking about retirement... She knew her portfolio was over-concentrated in equities. What's more, her stock holdings consisted almost entirely of her employer's shares... Silberman, who is president and CEO of Silberman Wealth Management in Westlake Village, Calif., had something of a specialty in working with people in her situation: female scientists who built accomplished careers at biotechnology giant Amgen. Almost uniformly, they ended up with concentrated portfolios of highly appreciated Amgen stock... WSJ: PRACTICE MANAGEMENT:Finding An Uncommon Approach To Taming Risk