We believe the most important factor to address in a portfolio is determining a client’s risk tolerance. Contrary to most approaches that focus on a return and then look at minimizing risk, we match the risk to the client. By tailoring an asset mix that corresponds to the risk parameters of the client, the goals and objectives of the portfolio are more likely to be satisfied.

Our asset allocation approach has many important advantages. First, we focus on the complete financial picture of the client. Too often, portfolios are invested in similar securities, negating the desired diversification. Individual portfolios can unknowingly lapse into over-concentrations through benign neglect or emotional consideration, therefore creating unneccessary risk.

Our approach to building a client’s portfolio results in greater efficiency, lower costs and increased simplicity.

Second, we provide an ongoing process that tactically manages the various parts of the markets and dynamically adjusts the risk level and cash flows of the portfolio to meet the changing needs of the client.

We also believe it is important that all costs, from professional management fees to taxes to commissions, be minimized in order to reap the greatest rewards from investing. The difference between gross returns and net returns after investment costs can be substantial. Our approach allows for modest management fees, relatively little portfolio turnover and a highly tax-efficient portfolio.