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Money growing on trees If only. (Image: Damon Moss/Thinkstock)

Lower returns over the next 10 years will require advisors to be more disciplined in their portfolio strategies, according to Patrick Nolan, director and portfolio strategist of BlackRock Portfolio Solutions.

During a session at the Investment & Wealth Institute’s Investment Advisor Forum in Midtown Manhattan, Nolan looked at the past 10 years of returns in the United States and then forecasted what those returns may look like for the next 10 years. And he spoke about what effect this could have on portfolios.

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