After years of outsized stock market returns, it's time to reassess your portfolio ‘risk exposure,' top-ranked advisor says
1. S&P 500 is up about 15.1% year-to-date. 2. Market valuations are high; correction may be expected. 3. Experts recommend rebalancing portfolios to manage risk. 4. Fear of missing out leads to risky equity exposure. 5. Rebalancing can aid in profit-taking and tax planning.