Paul Feinstein | Source | Managing Partner at Audent Global Asset Management

Clients are just not used to seeing velocity of these markets unfold as they have, and they’re nervous. Some are panicked, but I don’t allow them to stay in that place psychologically. I tell my clients to stay the course, and now is not the time to sell or sit on the sidelines. We need to be thoughtful with their allocations and look for opportunities in stocks they want to own, as valuations on many of these names are very attractive. Most clients intuitively realize when they’re having an irrational response to an event like this, and we work through it. An advisor’s job is to be the voice of reason and to communicate with their clients to help them separate fact from fiction.