Part of our unique value to our clients is customized portfolio management. We build portfolios for our clients using individual stocks, exchange traded funds, mutual funds, bonds and bank certificates of deposits. Our risk based models are carefully coordinated with your financial planning goals, and managed closely to minimize expense and manage taxes. We manage our models with independent research and discretionary, block trading tools commonly employed by large institutional money managers.
When explaining our approach to asset management, we sometimes compare our process to that of an exceptional dining experience. Perhaps you've experienced a meal at a restaurant owned and operated by a professional chef; where the evening is more of an experience than a meal, and every detail matters. Starting days before the meal is served, the chef is focused on finding the very freshest, best ingredients with which to build her dishes. Each plate is carefully calibrated for nutrition and taste as well as beautiful presentation. The overall menu offing a wide variety of choices to address different palates while still efficiently leveraging the core choices of ingredients. Particular attention is paid to the cost of the ingredients ensuring that the overall cost is a great value to the patron. Your meal is prepared by the chef and a well trained team all focused on delivering a great dining experience for you.
Did you know that most investment professionals who offer planning services outsource their investment management? This may matter for several reasons:
We personally research, select and monitor each investment in your portfolio. Investments are selected based on how well we believe they can contribute to the risk and return goals of the asset classes they represent. Further, we build specific allocations of these asset classes to meet the needs of our clients, from the most conservative to the most aggressive.
Imagine an adviser with 300 clients. He doesn't use discretion but rather confirms each individual purchase or sale of a security with you, each time, every time a change needs made. Over the years he's recommended dozens of investments now in your portfolio. Consider that something happens and he recommends, urgently, that you sell an investment. How long will it take him to get his 300 clients on the phone and have a conversation about the investment- days, weeks? Who will he call first? His family and friends? His largest clients? Clients with the letter A? What happens if he can't get you on the phone? How much has the price of the security changed in the weeks that follow?
For many years the norm was that investment professionals called "stock brokers" bought and sold individual securities for clients by getting permission for each purchase and sale and getting paid a "commission" for the transaction. More common today is a discretionary approach to investing where the adviser, working as a fiduciary, buys and sells investments according to an investment plan without individually reviewing each trade ahead of time with you, the investor. No commissions are paid to the adviser, rather the adviser is paid an agreed upon fee for managing the account separate from transaction charges.
Our approach also includes using "block trading". This allows us to do a single trade when buying or selling a security and allocating the shares or proceeds to all of our clients based on their portfolio models, investment holdings and investment plans. Each client gets the same average price so all clients are treated fairly.
Combining discretion and block trading means that we can efficiently manage your assets; quickly making changes to positions in our models while ensuring every client gets fairly treated on price.
We create strategies that are tailored to your needs and goals.
What’s Your Investment IQ?
A Primer on Dividends