Financial Planning Process

As financial advisors and investment consultants, we believe in the following fundamental principals with regard to designing an investment portfolio and making specific recommendations. The purpose of a client's investment portfolio is to fund current and/or future financial objectives. The design of the portfolio must take into account the client's financial objectives, tolerance for risk, needs for current income or liquidity, and special considerations such as income and estate taxes. The appropriate allocation of investment assets for your goals and risk tolerance is the most important component in developing an investment portfolio. We believe that having a diversified, well-balanced portfolio, following long-term buy-and-hold strategies, and having patience, increases the likelihood that one will achieve their long-term financial objectives.
Diversification, dollar cost averaging, comprehensive portfolio reviews and analysis are beneficial methods of managing assets. Dollar-cost averaging has some advantages in a declining market--or, more precisely, in a market whose general direction may be downward but still has ups and downs. An investor who bought the Dow in 1929 and held it until 1939 would have seen a -46% return; but an investor dollar-cost averaging would have been able to take advantage, for example, of all the months in 1932-1934 in which the Dow closed at less than 100. In these months, that investor would have gotten a lot more for his money. This ef...