A few words about my day job:
I spent the first half of my career in finance advising advisors. My clients were the brokers, fund managers, and traders who always seemed to be in need of some outside perspective. This portion of my career was spent “giving good advice that got ignored.”
I moved from the Brokerage (Sell Side) to the RIA (Buy Side) about 7 years ago. It was a superior arrangement. The relationship with clients was different, mostly better — but I still found myself in the “good advice unfollowed business.”
After seeing what happened during the financial crisis at firms where “Set & Forget” portfolios saw 40, 50, even 60% drawdowns, I knew there was a better way. After speaking to too many panicked investors who missed out on a 146%+ rally since then — I decided there must be a smarter approach.
In January 2011, I decided my advice giving days were over, and I began managing assets myself. This is a Fiduciary relationship — a dramatically improved arrangement — where I get to represent the client’s best interests.
We established a boutique practice that uses a much more intelligent approach to asset management. We combine the advantages of low costs, passive indexing, portfolio rebalancing with a long-term, empirically driven strategic overlay.
If you would like to discuss a more intelligent approach to managing your assets, preserving capital and managing risk, please speak with us. Our investment philosophy is driven by data showing what is and is not the right way to plan your future. We were focused on capital preservation and risk management long before it became trendy.
We also are driven by our knowledge of Behavioral Economics. We understand the classic biases and cognitive errors that all investors make. We work hard to minimize our clients from making these errors. We also try to keep our own behavioral errors to a minimum, while educating our clients how not to “shoot themselves in the foot.”
Too many folks seem to rely on marketing materials rather than a solid approach to managing risk. We know that recessions are cyclical and recoveries always follow. We recognize the same is true for Bull and Bear markets.
Our services include retirement income planning, 401k reviews, asset management, and comprehensive wealth planning. Our fees start at 1.25% for accounts of $1 million dollars and go lower as account size increases; (We do handle accounts under $1m). Fixed income accounts start at 0.60% and drop with size as well. Note we aggregate multiple family member accounts to charge as low a fee as possible.
If you would like to discuss the ways you can improve your portfolio, manage risk, and still participate in the upside of the markets, please contact us. All inquiries will be kept confidential.
If you have any general information questions, please email me