Strategic Asset Management

Fee-Based Guidance

By virtue of using the Strategic Asset Management platform, we can work under a fee-based model. Fee-based asset management allows us to share a common goal with you: to grow the value of your assets. A holistic approach to investing, fee-based asset management ties our compensation directly to the performance of your account. Instead of commissions, we earn an annual fee based on the market value of the account. This allows us to concentrate on what matters most – building an investment portfolio that seeks to address your specific needs.

Ongoing Advice & Oversight

As a investment fiduciary we act in your best interest and provide you with full and fair disclosure of material conflicts of interest. In a Strategic Asset Management account, we monitor your investment portfolio on an ongoing basis and continue to offer you advice as needed. These services may be provided on a discretionary basis, which means you do not need to direct us to make trades, rebalance your portfolio, or make other investment decisions for your account. This discretionary trading capability in a Strategic Asset Management account gives us the ability to react on your behalf to changes in economic conditions.

We are committed to your success and finding the right strategy for you. We pair our advice and knowledge with the dynamic offerings of Strategic Asset Management to help us craft this strategy. Through Strategic Asset Management, we can offer you access to a wide variety of investments to increase your portfolio’s diversification. In addition, investments you already own can be combined with those we select to complete your customized portfolio and add to the potential success of your plan. Your unique circumstances and personal objectives dictate the method of investing, as well as the types of investments we choose.

Throughout all cycles of the financial markets, an asset allocation strategy that is well devised and executed, and tailored to your investment objective, is central to helping you pursue your long-term goals.  Asset allocation is at the core of Strategic Asset Management.  This involves spreading your investments across several asset classes—such as stocks, bonds, and cash equivalents—to reflect your particular goals.  Asset allocation allows your portfolio to participate in a variety of market sectors while potentially minimizing overall volatility.  Keep in mind that asset allocation does not ensure a profit or protect against a loss.  The goal of a custom-designed portfolio is to potentially achieve an optimal blend of investments tailored to your personal goals, time horizon, and risk profile.  This process encompasses setting investment objectives, establishing weightings for various asset classes, choosing specific investments, and making adjustments as circumstances dictate.

One account.  One statement.  One fee.  Strategic Asset Management allows you to have all your investments under one roof, making it easy to monitor, manage, and make changes to your portfolio when necessary.

To build your portfolio, we use a highly consultative process that allows us to uncover your unique situation and build an investment strategy around your needs.

Step 1: Discover Your Goals and Objectives

Based on your goals and objectives, together we will determine what your customized financial strategy should be, taking into consideration your:

• Investment Goals
• Risk Tolerance
• Time Horizon
• Performance Expectations
• Income Needs
• Liquidity Requirements
• Tax Considerations
• Current Investments
• Retirement Plans
• Charitable Giving Desires
• Legacy Creation

We will construct your portfolio to reflect your personal goals, time horizon, and risk parameters, as well as other considerations.

Step 2: Build Your Investment Strategy

With Strategic Asset Management, we have access to a breadth of investment types and choices to construct custom-tailored portfolios.  Supported by the expertise of experienced research strategists, we will identify the most appropriate investment strategies by considering the following:

• Asset Allocation Models
• Diversification
• Correlation Between Asset Classes
• Investment Platforms
• Investment Types
• Investment Managers
• Risk/Reward Characteristics of Asset Classes

Based on the combined attributes of the individual asset classes and your goals, we will formulate an asset allocation plan just for you.  Your portfolio may include, but is not limited to, mutual funds, stocks, bonds, exchange-traded products, alternative investments, options, fee-based variable annuities, cash equivalents, or a combination of these investments.

Step 3: Implement Your Portfolio

Once we are ready to bring your portfolio to life, we will discuss your expectations and review what we want to accomplish through your customized strategy. To get your portfolio up and running, we will:

• Transition Your Existing Securities
• Determine the Type of Account Ownership and Beneficiaries
• Discuss the Source of Funds
• Complete and Sign All Paperwork

Step 4: Review and Manage Your Portfolio

Once your investments are in place, we will continue to review and manage your portfolio on an ongoing basis.  Portfolio rebalancing is a critical component of the strategic asset allocation process and essential to the long-term success of your portfolio.  Rebalancing is designed to ensure that the allocation of your assets remains in line with your stated investment objectives.  Because the relative performance of various asset classes will vary, portfolios that aren’t reviewed on a regular basis tend to drift from their target allocations. 

A portfolio that is not regularly rebalanced could assume a risk/reward profile that is not consistent with your investment objectives.  Your portfolio will be reviewed on a periodic basis and adjusted when needed to help maintain the optimal allocation of your investments.

The ongoing management of your portfolio will include:

• Regular meetings and discussions so you can feel comfortable with your continued strategy
• Active, ongoing portfolio reviews
• Periodic reexamination of your investment strategy to make sure it continues to stay aligned with your situation and objectives
• Rebalancing decisions
• Year-end statements including annual advisory account performance

Get Started

Guided by our portfolio construction experience, Strategic Asset Management allows us to provide a customized investment strategy for your unique financial goals.  Let us know if you’d like us to begin building your personal strategy today.

Account Protection

Strategic Asset Management is offered through LPL Financial, whose membership with the Securities Investor Protection Corporation (SIPC) provides account protection up to a maximum of $500,000 per customer, of which $250,000 may be claims for cash.  For an explanatory brochure, please visit www.sipc.org.  Additionally, through London Insurers, LPL accounts have additional securities protection to cover the net equity of customer accounts up to an overall aggregate firm limit of $575 million, subject to conditions and limitations. 

The account protection applies when an SIPC member firm fails financially and is unable to meet its obligations to securities clients, but it doesn’t protect against losses from the rise and fall in the market value of investments.  This extensive coverage reflects a strong commitment to serving your investment needs.

FDIC-Insured Bank Deposit Sweep Programs

LPL offers two multi-bank deposit programs that provide you the option to “sweep” uninvested cash balances in your Strategic Asset Management account to an interest-bearing FDIC-insured deposit account, allowing your account to earn a return on these cash balances. The primary benefit of sweeping uninvested cash balances to a bank deposit program is to obtain insurance from the FDIC, an independent agency of the U.S. government, which protects your cash against losses in the event of a bank failure (up to $250,000 per bank per account type).

Through the LPL multi-bank deposit sweep programs, deposits are eligible for up to $1.5 million of deposit insurance for individual accounts, and for up to $3 million of deposit insurance for joint accounts through the FDIC. Depending upon your account type, you may be eligible for either the Insured Cash Account (ICA) or Deposit Cash Account (DCA) program. To learn more about either the ICA or DCA program and whether you qualify, please contact us. If you have any questions about FDIC insurance coverage, visit www.fdic.gov.