Our Investment Philosophy

The following lays out our investment philosophy. Portfolio design, risk management, consistent monitoring and adjustment, estate planning, and continuous education and support are all parts of the whole. Our success is in helping you achieve your goals.

The Value of Money

We accumulate money to ensure material independence for ourselves and our loved ones, improve the quality of our lives, and help us achieve our life goals. While having more money makes it easier to do these things, we should never confuse having a lot of money, by itself, with having a good life. As your advisors, we help you to determine whether your money is being used to support your true ends.

Goals and Values

You have your own unique goals you wish to achieve, and values you wish to honor and live by. We help you clarify your own desires and determine how you want to live. Once you have decided on your goals, we help you structure your financial picture to help support them appropriately.

Investment Strategy

We believe in the benefits of proper diversification. However, we believe that traditional strategies of diversifying across equity styles are no longer enough. As world financial markets become more integrated, we feel that different equity categories are behaving more and more alike. Therefore, we seek true diversification between non-correlating assets and across asset types to help mitigate market risk.

Your entire financial picture needs to be considered as a whole in order to properly diversify holdings. Your goals and time horizon will also determine which strategies are appropriate.

Performance Expectations

We help you set realistic expectations for investment returns. Investments are not a get-rich-quick game. They are a way to help build your savings, and we strive to ensure that your assets are positioned to work for you. We believe that the single best way you can contribute to your future independence is through saving consistently, building your assets, and treating your future with the care and attention it deserves.

Investors should be aware that there are risks inherent in all investments, such as fluctuations in investment principal. No investment strategy can guarantee a profit or protect against loss in periods of declining values. While we strive to provide consistent returns through proper portfolio construction, any money in the market is exposed to possible loss.

Risk Tolerance

In general, achieving a high return requires accepting higher risk. If you invest in assets that are too risky for you to tolerate, in search of high returns, this can potentially harm you in two ways. First, anxiety over your investments can impact your health and mental well-being. Second, it has been historically common for investors to sell assets that have experienced catastrophic losses in value, just before they recover. Such investors are left potentially worse off than if they had invested in something more appropriate for them.

Therefore, one of our key roles is to strive to provide you with confidence with your investments. We do this through education and selecting investment portfolios that are appropriate for your goals and fortitude as an investor. We will never put you in an investment if you tell us that you are uncomfortable with it.

Tax Planning

We make extensive use of qualified retirement plans and other benefits to help manage your tax liabilities. We also make use of estate-planning strategies to help you reduce estate tax liability, and use your money to accomplish your goals, not those of the government. Taxable assets should be managed for total return after taxes, not to minimize taxes.

Time Horizon

The old expectation of a 20-year retirement is obsolete. According to Dr. Thomas Perls of the New England Centenarian Study, the fastest-growing segment of the population is those over 100. We believe that this trend will only strengthen as medical care improves. Therefore, we assume that our clients will live to the age of 100 and try to plan appropriately.

We believe, this implies that many client portfolios will need to remain oriented towards growth even during retirement. One of the most important goals of retirement planning is to develop a strategy that can provide enough income over your entire lifetime, however long that may be.

Additionally, we will consider the effect of wealth transfers to your heirs, as part of estate planning.

“Investors should be aware that there are risks inherent in all investments, such as fluctuations in investment principal. No investment strategy can guarantee a profit or protect against loss in periods of declining values.”