Redefining Success

Comprehensive wealth management requires a change of focus from investment returns to life outcomes. This change occurs naturally as bull markets become bear markets, but at that point the opportunity for intentional planning is lost. Thoughtful planning includes the possibility of unexpected events and sustained adversity. We design client portfolios to incorporate sufficient liquidity to ensure that essential spending needs are met regardless of levels of interest rates, inflation, and market values, so that sustained periods of market distress can be weathered without having to divest risk assets at depressed prices.

Greater clarity on the sufficiency of asset coverage provides an iterative framework that allows the effective evaluation of discretionary spending, charitable activities, estate planning, and the advisability of allocating assets to more speculative investments.