Invest

Once we’ve created your Mindful Wealth Map, we craft an investment solution based on your financial goals and risk tolerance.

We keep it simple.

We allocate your assets across equities, fixed income, and cash according to volatility and return expectations associated with your Wealth Map.

We diversify each asset class in your portfolio across companies, countries, industries, and economies. There is never a guarantee, but the goal is to maximize returns while managing risk

We rebalance your portfolio to make sure it stays aligned with the expected risk and return in your financial plan.

In addition to these three core behaviors, we regularly employ two additional sources of potential long-term return enhancement: tax-management and the academic factors of performance.

Tax management is so much more than tax-loss-harvesting. Every single day we are looking to add value through better tax management. Do you own taxable bonds or Municipals? Do you own taxable high-yield bonds in a taxable account or an IRA? Do you take short-term gains or wait patiently for long-term tax treatment? The return that matters most is the return you get after taxes.

The academic factors of performance are simple and obvious, but that doesn’t make them easy to own all the time. Anything that works over long periods spends many short periods NOT working. The key is holding on while it isn’t working.

There are 3 factors that work persistently across geographies and time-frames to bring premium returns to diversified portfolios. They are:

Value Premium—buying more earnings per dollar invested

Small-Cap Premium—small companies have greater opportunity (by definition)

Profitability Premium—current profitability contains information about future profitability

We completely dismiss the idea that anyone can add value based on superior investment selection or better market timing. The attempt to “outperform” through better timing and selection lead to higher taxes and trading costs and introduces all-too-human emotional and cognitive bias. The academic research is completely clear and this has important implications for the portfolio design process.

Instead of timing and selection, we remain goal focused and planning driven. It is that steady hand on the wheel that allows us to be helpful at exactly the moment we are most needed.