Investment Management

WHAT DOES A DYNAMIC STRATEGY MEAN?

The investor may choose to incorporate multiple strategies within one portfolio, including core, alternative, and/or tactical as well as institutional third-party management.

ADVISORY ACCOUNT CHARACTERISTICS

• Research and portfolio design provided by your money manager
• Daily account monitoring
• Fee-based schedule through a wrap fee; no individual trading costs
• Full disclosure of any conflicts of interest, supporting proactive transparency to align investor and advisor
• Well-suited for a variety of investment strategies, including short-term tactical approaches

WHAT DOES A BUY-AND-HOLD STRATEGY MEAN?

This approach is generally meant for passive, long-term investor goals. The idea is to build and maintain a stable portfolio throughout market fluctuations, with the goal of capital appreciation and/or income.

BROKERAGE ACCOUNT CHARACTERISTICS

• Can be considered less of an emotional burden because you do not need to try to "time the market"
• A long-term buy-and-hold strategy may help to minimize your tax burden by deferring any capital gains
• There are trading fees for individual buys and sells

James has just started a mid-level corporate job. With $78K in brokerage accounts, he has a limited need to make frequent trade requests or seek complex financial advice.

James may seek to shift to an advisory account as time goes on and he becomes fully-vested in his new employer plan.

Michael's $2.8 MM portfolio is in advisory accounts because he seeks active money management. As the CFO of his family's company, he seeks access to a multitude of larger institutional strategies through a third-party management options. 

Carrie is a self-employed attorney, with a $450K advisory account. She prefers active management and likes the fee-based schedule.

She doesn't have the time to conduct her own market research and likes that there is a fiduciary responsibility for the advisor to act upon her best interest at all times.