No. of Recommendations: 1
That being said, I think one of the first and most important decisions that I need to make is asset allocation. Given his financial situation, do you have any recommendations on how I should allocate his assets (feel free to recommend specific funds)?

Here's some useful links: "The ultimate buy-and-hold strategy"

The original link has disappeared. Luckily I downloaded a copy of the paper, so I was able to UL it to my mediafire account.
2 page synopsis of "Asset Class Performance is Unpredictable"

These papers have suggestions for asset classes. They discuss more than just the allocations, though.

Guyton/Klinger Decision Rules.

As far a specific funds----- fundadvice has an article with a number of candidates. I started with his list and made my picks primarily on the lowest ER among similar funds.
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