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More Than Investment Management
Personal wealth management is more than managing your investments. It is a fully integrated approach to managing and enhancing your financial well being. Personal wealth management combines investment management, financial planning, and ongoing access to financial consultation, advice, and solutions.
A Comprehensive Financial Plan
The foundation of personal wealth management is your comprehensive financial plan. We work with you to identify your needs and objectives. Then we gather pertinent financial data and analyze your current circumstances in respect to your objectives. Using this information, we provide detailed recommendations that are tailored to your personal needs.
Investment Analysis & Strategy
We complete a comprehensive analysis of your portfolio to determine its asset allocation and diversification, risk exposures, tax-efficiency, and expected performance attributes. Upon completion of this analysis, we outline specific recommendations to create a portfolio that is consistent with your personal objectives.
Implementation
The best financial plans are worthless without proper implementation. As part of your personal wealth management services, we work closely with you to ensure the effective implementation of your financial plan from start to finish.
Reporting, Monitoring & Rebalancing
We provide quarterly reports that summarize your asset allocation, investment performance, account balances, and transactions. We monitor your investments to determine their continued appropriateness in your portfolio because we believe that retaining an investment should be an affirmative decision, not an oversight.
We analyze the effect that investment returns have on your overall asset allocation. If rebalancing is required, we present recommendations that consider portfolio performance, tax consequences, and related expenses.
Consolidated Reports
If you have investment accounts at numerous financial institutions, consolidated performance reporting can be difficult and time consuming. Our quarterly reports account for all of your investment holdings, which we believe is critical for effective personal wealth management.
Ongoing Planning & Support
Over time, your financial objectives and personal circumstances will inevitably change – as will tax legislation, the economic environment, and investment returns. We believe that responding to these changes is essential, and we realize the importance of periodic “reality checks.”
We meet with you regularly to review your portfolio and financial plan, and discuss any changes in your circumstances that may require a change in strategy. In addition to these scheduled meetings, we are always available to discuss anything that affects your financial goals, and to provide solutions to your financial questions.
Tax Planning & Reporting
We create tax-efficient portfolios by appropriately utilizing tax-advantaged savings vehicles, considering each investment asset’s tax attributes, and identifying tax planning opportunities throughout the year.
We track the tax basis of all investments to determine income tax implications and to provide you and your accountant with an accurate summary of all taxable investment transactions.
Advisor Coordination
When was the last time that your estate planning attorney, accountant, insurance agent and money manager collectively discussed your objectives? We are happy to work with your other advisors to ensure that your financial planning is fully integrated.
Independence & Objectivity
Perhaps the most valuable aspect of personal wealth management is our independence and objectivity. We remain disciplined, rational, and objective, which will help you to weather poor markets, remain focused on your goals, and avoid the siren call of the next “can’t miss opportunity.”
We create comprehensive plans and well diversified investment portfolios that are uniquely tailored to your personal objectives. We work for you, and we take our fiduciary responsibility very seriously.
We measure our success by your financial peace of mind.
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