What you can expect
Wealth management is more than just investments. We believe it's being a resource to help guide families through their evolving financial needs. It’s being able to answer questions and impart our experience and expertise to give them confidence in their plan, and a positive sense of well-being with respect to their finances. Ultimately, it’s about being their financial partner and guide to help them navigate life’s financial transitions.
Our approach
We employ a consistent and ongoing process to understand our clients' financial and life goals, ensure the plan to reach those goals continues to be appropriate, and the investment portfolio is best suited to help reach those goals. We do this by:
- Asking great questions
- Believing a financial plan is a verb
- Building portfolios with purpose
We then monitor progress, and make course corrections as needed, by repeating the same process.
Asking great questions
Imagine sitting in your doctor's office and proceeding to tell them that your elbow hurts. The doctor doesn't really ask you any questions and proceeds to write you a prescription and send you on your way. I'm pretty sure I'm not going to be filling that prescrption. Have you ever felt that way with a financial advisor? Unfortunately, our experience has shown that many families have.
That's why everything we do begins with diagnosis, what we call discovery. To do this, we need to ask great questions, and enough of them, to uncover your values and beliefs, goals and dreams, who and what are important to you. This isn't just a one-time thing either, it's an ongoing process that is the foundation from which our work together is built.
A financial plan is a verb
If there's one thing I know about a financial plan that may be a year old, or has been collecting dust in your desk drawer for much longer.... it’s wrong. I don't know how, or by how much, but it doesn't reflect your current reality.
That's why we believe a financial plan is an ongoing process of understanding where you are today and where you want to go, so we can help guide you to get there. It's not the plan that's crucial, but the ongoing planning.
Building portfolios with purpose
Portfolio construction is the art and science of selecting and overseeing a group of investments to deliver on an objective unique to each of our clients. We focus on three pillars when building portfolios:
- Asset allocation - This is the understanding that different types of assets do not move in concert, and some are more volatile than others. A mix of assets provides balance and protects against risk.
- Diversification - We create portfolios that provide broad exposure across various asset classes, sectors of the economy, and geographical regions.
- Rebalancing - We have a process of returning a portfolio to its original target allocation. This could happen at regular intervals or when the movements in the markets force it out of kilter and cause it to drift.
