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Central lessons

Central Coast Wealth Management has sidestepped the worst of the current financial storm by using structured products to model its clients' portfolios. Now the firm plans to broaden its scope, led by founder and president Kurt Jackson, who has been endorsing the investments for over a decade. Sophia Morrell reports

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Kurt Jackson, founder and president of Central Coast Wealth Management (CCWM) in California, first encountered structured products 11 years ago while working at investment bank Merrill Lynch. At the time, the products were hardly in demand by investors - a couple of clients even left Jackson when their portfolios did not secure upwards of a 30% annual return.

But Jackson says he remembered the

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