From the start, we believed that when people can invest better, they can live better—and that’s exactly why we built BlackRock.” So what is absent from Fink’s

Larry Fink, the chairman and chief executive of asset-management giant BlackRock offered some timely portfolio advice in his annual letter to investors. In that letter, Fink proposed an alternative to the traditional 60/40 stock-bond portfolio,

I hear it from nearly every client, nearly every leader—nearly every person—I talk to,” BlackRock CEO Larry Fink wrote in his annual letter on Monday. “They’re more a