By Adam Jusko, ProudMoney.com, adam@proudmoney.com

Here at Proud Money we usually focus on personal finance topics and books for the average person. This review is for the more sophisticated investor. Smart Portfolios, by Robert Carver, “is intended for professional investors worldwide, including financial advisors, private bankers, wealth managers and institutional funds, as well as experienced private investors.” If you’re just trying to figure out which index mutual fund to choose for your IRA, this book is probably overkill for you.