FINANCIAL PLANNING

A written plan makes otherwise vague goals more specific.
Every investor obviously wants to protect their investment capital and grow their assets. Most investors want to produce portfolio distributions that will allow them to maintain a comfortable lifestyle. A written plan addresses important financial issues such as risk management. A properly crafted financial plan, and working with your other advisors such as your estate planning attorney and CPA, will accomplish positive results.

A written, quantifiable financial plan that is updated periodically greatly improves your likelihood of success as well as ours.
From a selfish perspective, we know that if our clients are successful, we will also be successful. In an industry that typically experiences client attrition of about 10% annually, ours is less than 2%. This is not an accident. It’s because our clients understand the process we use, they embrace the process and they have positive outcomes over time.

A written plan helps clients remain disciplined when the investing environment becomes difficult.
The majority of investors who sell stocks while they are temporarily depressed in value do so because they are fearful and have no protocols in place to deal with a severe market correction. This doesn’t mean trying to time the market or predict how markets will behave in the short term. This is why we index some of our portfolio exposure while using active managers for other assets where there is a reasonable likelihood they can add performance above the benchmark or match the benchmark with less risk.

I hope this helps explain why we view goals the way we do. The time and effort we put into our client relationships versus an asset manager who simply “puts more money into the bucket” when they take on a new client is very different. Investors need an unbiased advocate to help them make good decisions. For our clients, we are that advocate.