Managed Assets
We interrupt this blog for a brief commercial message:
Recent events (this week especially), have led to numerous phone calls and emails from people who have been extremely disappointed in the performance of their current asset management and are looking for a change.
Individuals whose assets are at big firms who run portfolios in a “Set & Forget” style, leading to 40, 50, even 60% draw downs during the 2008 crisis are afraid of a repeat. Even worse, despite the near 100% rally since then, many have missed out, and failed to make up for the losses their portfolios suffered. Others are with financial advisers at firms who’s research left quite a lot to be desired.
If you would like to discuss a more intelligent approach to managing your assets, preserving your capital and managing risk, please speak with us. Our evidence based approach is focused on capital preservation and risk management long before it became trendy. We believe in being tactical as well as strategic during this 10th years of the great 2000-201X secular bear market.
Too many people seem to be relying on marketing materials rather than a solid approach to managing risk to their own detriment. Failing to recognize that recessions are cyclical and recoveries are as well seems to be the root of this problem.
The wealth destruction witnessed in 2008-09 was shocking. Too many have seen their assets demolished by outmoded “Buy & Hold” philosophies. Not only did these “believers” destroy client wealth in 2008, many of them got panicked out in 2009, and missed most of the biggest rally in generations. Rather than beat yourself up over this, learn from these losses and move on.
Our fees start at 2% for accounts under $500K and go lower as account size increases (we aggregate multiple family member accounts to charge as low a fee as possible); Fixed income accounts start at 0.75% and drop as well.
If you would like to discuss ways to improve your portfolio, or the funds you run, or your professional development, please contact us. All inquiries will be kept confidential.
If you have any general information questions, please email us
