I strive to improve my clients' financial position by crafting streamlined, diversified, tax-efficient, and low-cost portfolios. I believe costs are a primary driver of portfolio returns. While you can't control market movements, you can control your costs. Because my fees are based on the value of your portfolio, my fees reflect client-first interests. I also believe that simplifying the planning process empowers clients with a clear roadmap to accomplish their goals. Your assets will be held with a world-class financial custodian, Charles Schwab.
I provide clients with two straightforward, no-nonsense options to choose from for their wealth planning needs:
This service is designed for clients who wish to have me manage their investment portfolio and assist them in planning for their future. Financial planning services may be as broad-based or narrowly focused as desired. Fees for ongoing advice are an annualized asset-based fee based on the market value of your portfolio between 0.25% and 0.75% per year. Annualized asset-based fees are billed quarterly. I offer two portfolio strategies. Clients can invest in either strategy individually or in both strategies.
Strategy - Asset allocation among stocks, bonds, and commodities that balances risk and return.
Fit - Perfect for long-term investors looking to grow their portfolios.
Fees - 0.25% to 0.90% per year, depending on portfolio value.
Minimum - $250,000 portfolio value.
Stocks - I invest in passively managed indexes and actively managed funds. In particular, I seek active funds managed by experienced professionals who have consistently performed well during down markets.
Bonds - I offer a custom bond portfolio for clients who desire a portfolio of individual bonds across the yield and maturity curves. This may include US Treasury bonds, municipal bonds, corporate bonds, and selected bonds in other areas of the bond market.
Commodities/Gold - I believe most investors can benefit from holding a portion of their portfolio in gold. This asset class offers a unique risk/return profile within a diversified mix of assets.
Strategy - A laddered portfolio of US Treasuries tailored to each client's short-term cash needs.
Fit - Designed for investors looking to earn competitive yields as an alternative to bank accounts and CDs.
Fees - 0.25% per year.
Yield - US Treasury yields are competitive vs. bank accounts and CDs. Current Bond Rates - https://www.cnbc.com/bonds/
Risk of losing principal - Very low if held to maturity. The full faith and credit of the United States government backs U.S. Treasuries.
Liquidity - No fees for early withdrawals. Selling bonds before maturity can result in reduced yields.
Bond Ladder - A bond ladder strategy involves investing in bonds with varying maturity levels (e.g., 1 month, 3 months, 6 months, etc.). When a bond matures, it's "rolled over" into another bond within the laddered strategy. This strategy can minimize interest rate risk and provide liquidity should clients require cash access.
I also offer a comprehensive one-time financial review for a fee of $995, paid after the consultation. This service is perfect for do-it-yourself investors who desire advice without ongoing cost or may not have the investable assets to meet the minimum portfolio requirement. Returning clients who do not need Ongoing Advice can, at any time, receive additional one-time consultations charged at my hourly rate of $200 per hour. The hour is prorated for calls lasting longer than an hour.
Both service offerings involve three simple steps:
Step 1. COMPLIMENTARY INTRODUCTORY CONSULTATION
During this meeting, we'll explore which service offering is right for you. I'll explain how each service offering works and address any questions you may have. Should you decide to hire me, we'll schedule Step 2, a planning meeting. Please contact me at any time to start this process.
Step 2. PLANNING MEETING
We'll discuss your overall investment portfolio and financial plan during our meeting. We'll discuss your goals, taxes, portfolio asset allocation, fees and expenses, asset location, retirement savings, retirement distributions, insurance, estate planning, and more.
Step 3. IMPLEMENTATION
Following our meeting, I will deliver a written letter summarizing my recommendations for clients who choose the One-Time Financial Review. Clients who choose Ongoing Advice will receive a comprehensive email summarizing the next steps in the process.
