Asset Allocation

  • We believe that the percentage of a portfolio invested in various asset classes such as stocks, bonds, and cash investments is the most important factor of the return and long-term performance of a broadly diversified portfolio. Our asset allocation strategy engages in limited market- timing.


Cost-Effective Implementation

  • Gross return minus costs (expense ratios, trading and taxes) equals net return. Every dollar paid for management fees, trading costs, and taxes is a dollar less of potential return for clients. Cost-effective implementation is a “win-win” for our clients.


  • Given the importance of selecting an asset allocation, it’s also vital to maintain that allocation through time. Portfolios tend to drift over time from their target allocations due to the varying returns of different asset classes. The goal of a rebalancing strategy is to minimize risk, rather than maximize return.


Behavioral Coaching

  • Whether the markets have been performing well or poorly, we strive to help our clients cut through the noise they hear on a regular basis, noise that often suggest to them that if they’re not making changes in their investments, they’re doing something wrong. Market performance and headlines change far more often than our clients’ objectives. We strive to add value to our client relationships by not reacting to the ever-present investment noise and sticking to the plan.


Asset Location

The allocation of assets between taxable and tax-advantaged accounts is a tool that we use to add value to our clients’ portfolios each year. We expect the benefits of asset location to compound through time.

Withdrawal Order

With the retiree population on the rise, an increasing number of clients are facing important decisions about how to spend from their portfolios. The multiple account types held by clients can make matters complicated. We aim to implement informed withdrawal-order strategies that can minimize the total taxes paid over the course of our clients’ retirement, thereby increasing our clients’ wealth and the longevity of their portfolios.

Total-Return Investing

Historically, retirees holding a diversified portfolio of equity and fixed income investments could have easily lived off the income generated by their portfolios. Unfortunately, that is no longer the case. With yields on balanced and fixed income portfolios at historically low levels, the value of advice has never been more critical for retirees.