Planning services
Investment Management
The portfolio is built to serve the plan: the income it has to produce, the years it has to cover, and the amount of turbulence you can actually live with.
Scope
What this area answers
The kinds of questions this part of the plan answers.
Why do I own the investments I own?
How much risk is in this portfolio?
What does this portfolio cost in total?
What is the plan when markets decline?
How does the portfolio connect to the income I need?
The work
What this area involves
What the work actually consists of.
Built from the plan
What you own follows from your time horizon and the income you need, not from anybody’s forecast of where markets are headed.
Risk tolerance
The portfolio is built around a level of turbulence you can sit through without abandoning the plan at the worst possible moment.
Cost transparency
Advisory fees, fund expenses, and anything else you’re charged, added up so you can see what the whole thing actually costs.
Explained reasoning
You get the reasoning behind every holding, so you can answer the question of why you own what you own.
Ongoing review
Rebalancing, tax considerations, and changes in your own life all trigger a review, so the portfolio keeps matching the plan it was built for.
Context
Why this area matters
Investing involves risk, including the possible loss of principal. No strategy eliminates that risk or guarantees a result.
What good management can do is make the risk deliberate and understood, so that when a bad stretch comes you’re following a plan you already agreed to.
Common questions
About investment management
No. The portfolio is built around your time horizon and the income you need, and changes come from those, not from a forecast.
Investing involves risk, including the possible loss of principal. No approach can guarantee a profit or protect against loss in a declining market.
Related areas
The other four planning areas
Each one pulls on the others, so they get planned alongside each other.