Along with the many benefits of wealth come the complexities of enhancing its value beyond that of its fiscal worth. You need a seasoned team at your side that can provide experienced guidance, a disciplined process, and access to a diversified collection of financial strategies. We offer wealth enhancement services that go beyond typical investment management – to serve you and your family, today and well into the future.
We will customize a personal investment strategy based on factors such as your objectives, time horizon and risk tolerance, then evaluate your current holdings and allocate your assets in a diverse variety of sectors and investments designed to increase the likelihood of generating a consistent return over the long term.
Investing involves risk and you may incur a profit or loss regardless of strategy selected, including diversification and asset allocation.
To help illustrate how we might advise a client on how to effectively retire, let's take a look at this hypothetical example, to handle his $10.4 million portfolio, this 57-year old uses three brokers. Each has been advised by Tony to help grow the portion they’re assigned to manage. Tony is very receptive to ideas and as a result approves most recommendations from each broker. The first broker manages $4,000,000 with an allocation of 70% individual stocks and 30% bonds. The second broker manages $5,000,000 worth of mutual funds with a current allocation of 85% stocks and 15% bonds. The third broker holds a $1,400,000 position of General Electric stock that Tony inherited.
If Tony were to meet with a 360 WMG financial advisor, who later learned that Tony wanted to retire in three years, that he wished to reduce portfolio volatility, and that Tony wanted a usage plan for the portfolio in retirement. The result would be a transition plan to a managed account with a target allocation of 60% equity and 40% fixed income. The plan would include selling $20,000 of GE stock per month over the following 15 months and repositioning the assets into the target portfolio.
This is a hypothetical illustration and is not intended to reflect any actual outcome. This case study is for illustrative purposes only. Individual cases will vary. Any information is not a complete summary or statement of all available data necessary for making an investment decision and does not constitute a recommendation. Prior to making any investment decision, you should consult with your financial advisor about your individual situation. This hypothetical story is not indicative of any specific situations or client. It is presented only as an example and not intended as investment advice. Investing involved risk and there is no assurance that any investment strategy will be successful.
In a fee-based account, clients pay a quarterly fee, based on the level of assets in the account, for the services of a financial advisor as part of an advisory relationship. In deciding to pay a fee rather than commissions, clients should understand that the fee may be higher than a commission alternative during periods of lower trading. Advisory fees are in addition to the internal expenses charged by mutual funds and other investment company securities. To the extent that clients intend to hold these securities, the internal expenses should be included when evaluating the costs of a fee-based account. Clients should periodically re-evaluate whether the use of an asset-based fee continues to be appropriate in servicing their needs. A list of additional considerations, as well as the fee schedule, is available in the firm's Form ADV Part 2 as well as the client agreement.
Through this service, we assume the responsibility for making day-to-day investment decisions on your behalf. Because of our increased involvement in making these important decisions for you, we follow a rigorous, detailed planning process to make sure we have a complete picture of your financial goals and objectives and fully understand your individual preferences for the way your money is to be invested. We’ll not only be able to respond in a more timely and urgent manner to changing research, market conditions and world events, you’ll free yourself from frequent calls, paperwork and disruptions of investment decisions.
To help illustrate how a discretionary advisory relationship may be of benefit, let's take a look at the following hypothetical example of this hard-working executive that is in charge of making decisions for a division of a large 500 company. With investable assets of $3.25 million, most of which was held in individual stocks, Michelle received regular phone calls regarding the management of those funds.
If she were to have a meeting with a 360 WMG financial advisor, and asked if there was a way to streamline the investment process so she didn’t have to field so many calls regarding investment decisions – so she could concentrate more fully on the decisions that affected her company. We would tell her about the benefits of our Discretionary Advisory Service and Michelle would likely think that this was a good solution for her situation.
We would work with her to create an Investment Policy Statement that outlined the parameters of how 360 WMG would directly manage her portfolio on her behalf and the service would be implemented seemlessly.
In a fee-based account, clients pay a quarterly fee, based on the level of assets in the account, for the services of a financial advisor as part of an advisory relationship. In deciding to pay a fee rather than commissions, clients should understand that the fee may be higher than a commission alternative during periods of lower trading. Advisory fees are in addition to the internal expenses charged by mutual funds and other investment company securities. To the extent that clients intend to hold these securities, the internal expenses should be included when evaluating the costs of a fee-based account. Clients should periodically re-evaluate whether the use of an asset-based fee continues to be appropriate in servicing their needs. A list of additional considerations, as well as the fee schedule, is available in the firm's Form ADV Part 2 as well as the client agreement.
Your firm has recognized the contributions you have made to its success by granting you options to purchase company stock. We can help you carefully consider decisions regarding your stock options, such as timing the exercise, how to complete the transaction and choosing to hold or sell the acquired shares.
To help illustrate stock options let's take a look at the following hypothetical example of a senior manager with a large 500 company, this successful businesswoman treated her stock options one of two ways: If they were “in the money” she would do a cashless exercise – she borrowed enough money from her broker to exercise the options and sold enough shares to pay for the purchase, taxes and broker commissions. If not “in the money”, she “let them go.”
Not long ago, Martha was granted both qualified and non-qualified options. She received all the appropriate paperwork pertaining to the options but was unclear on how best to manage her them. Martha’s CPA explained the difference in tax recognition but was not very helpful in formulating a game plan.
We would recommend that, Martha meet a her 360 WMG financial advisor. The likely result would be a detailed plan with which to manage her option program. Because the tax treatment and exercise options are different between qualified and non-qualified options, the well-designed program helped her eliminate both the guesswork and emotions that often surround decisions pertaining to options. Martha’s advisor would work with her CPA to coordinate the plan, including how to best take advantage of rules that allow qualified options to be purchased with existing shares of stock Martha owns.
This case study is for illustrative purposes only. Individual cases will vary. Any information is not a complete summary or statement of all available data necessary for making an investment decision and does not constitute a recommendation. Prior to making any investment decision, you should consult with your financial advisor about your individual situation.