Summary: When it comes to investing, the word "risk" often gets used. However, the definition of that word has changed a bit over the years. So what does it really mean today, particularly when it comes to preparing for bear markets? To discuss that is Michael Crook, the head of Investment Strategy for the UBS Chief Investment Office Americas. As a firm providing wealth management services to clients, UBS Financial Services Inc. offers both investment advisory services and brokerage services. Investment advisory services and brokerage services are separate and distinct, differ in material ways and are governed by different laws and separate arrangements. It is important that clients understand the ways in which we conduct business and that they carefully read the agreements and disclosures that we provide to them about the products or services we offer. For more information visit our website at ubs.com/workingwithus. UBS Financial Services Inc. is a subsidiary of UBS AG.
