SGH's Huszczo Targets 2.5-Year Bear-Market Buffers for $3 Million-$10 Million Clients
Updated
Updated · Wealth Management · Jul 9
SGH's Huszczo Targets 2.5-Year Bear-Market Buffers for $3 Million-$10 Million Clients
1 articles · Updated · Wealth Management · Jul 9
Summary
$617 million RIA SGH Wealth Management says it builds portfolios so retirement-age clients can ride out a full 2.5-year bear market without selling stocks at a loss.
Sam Huszczo said that often means holding 40% to 50% in bond-like assets for clients withdrawing about 5%, preserving cash flow and leaving room to buy discounted equities during sharp selloffs.
The firm, whose typical client is about 63 with $3 million to $10 million in net worth, emphasizes tax planning, Roth conversions and required-minimum-distribution strategy as investors shift from accumulation to income.
Huszczo said SGH stays 100% in ETFs, favors U.S. stocks over heavier international exposure, and remains skeptical of private credit and bitcoin because behavior and liquidity matter most in stressed markets.
He flagged AI concentration and debt markets as the biggest portfolio risks, arguing the best opportunities may lie outside the Magnificent Seven and in having enough flexibility to act when others freeze.