Private Wealth Management
Proprietor Wealth Management acts as a personal Chief Financial Officer (CFO) for individuals and families. We collaborate with you in a holistic approach that provides independent advice on everything that impacts your financial plan, including investing, retirement planning, risk management, tax and estate planning, charitable giving and more.
We are obsessed with doing everything we can to eliminate any conflicts of interest. And if we think there’s a better way to do something, we create it ourselves and offer it among a suite of complementary solutions.
That’s real wealth management!
Our investment strategy is based on a career dedicated to investment research and decades of empirical and academic studies, much of it the subject of Nobel Prize-winning research. The benefits of this approach are deeply rooted in scientific evidence, rather than Wall Street’s marketing hype. The sophisticated and customizable investment portfolios we manage utilize carefully selected externally-managed funds that are not available to individual investors and many institutional investors.
Investment Strategy:
- Assemble and manage risk-appropriate investment portfolios so you can maintain consistent exposure to the markets.
- Minimize your investment costs, including fees, commissions and taxes.
- Structure your portfolio to target areas of the market that have higher expected returns.
- Utilize broad and global diversification among uncorrelated assets to minimize underperformance and risk.
- Maintain a total-return discipline to minimize taxes and increase what’s available to invest.
- Adhere to a systematic rebalancing strategy in order to control risk and capture higher return opportunities.
- Deliver our services in a transparent, conflict-free manner that keeps you informed and invested for the long term.
When can I retire? What sort of lifestyle can I afford? What steps can I take to improve my standard of living? These are all important questions that deserve thoughtful consideration, thorough analysis and plain-spoken, actionable answers. Whatever questions you have, we can help evaluate them and develop strategies to help secure your future.
Common Solutions:
- Individual Retirement Accounts (IRAs), SEP-IRAs, 401(k) Plans
- Retirement income and cash flow projections
- Stress testing your nest egg for common risk factors (e.g., market volatility, inflation, loss of income, early retirement, longevity, etc.)
- Estate Planning and Trustee Services for Revocable Trusts, Charitable Remainder Trusts (CRTs), Life Insurance Trusts (ILITs), etc.
- Risk management and insurance needs analysis
- Planning for sudden wealth (e.g., inheritance, sale of business, divorce settlement, etc.)
Lowering your income and estate taxes, increases what you have available to invest. Tax-efficient investing may also lower your investment risk, trading costs and increase your returns. Let us show you how.
What We Offer:
Tax-advantaged funds
- Asset location optimization
- Stock option (NSOs, ISOs, RSUs) strategies
- Family gifting and estate/inheritance tax planning
- Tax-sheltered account (e.g., Solo 401Ks, IRAs, Roth IRAs, Pension Trusts, etc.) contribution/conversion strategies
- Tax loss harvesting
Real estate is an attractive investment for long-term wealth creation for a number of reasons, including a favorable US tax code, demographics and financial leverage. We have strong partnerships with well-established, privately-held real estate investment sponsors that take advantage of scale, market knowledge and value-add execution to provide steady cash flows and attractive risk-adjusted returns.
Account Features:
- Equity ownership in real estate
- Uncorrelated returns across diverse geographic markets
- Steady, tax-sheltered income
- Long-term capital appreciation
- Tax-free 1031 exchanges
How much will you need for your child's future education? What is a reasonable savings plan? And, what is the most effective way to invest for this? We have the answers you need and provide low-cost, customized, age-based investment portfolios using a Morningstar Analyst Gold-Rated investment platform.
Account Features:
- Morningstar Analyst Gold-Rated investment platform
Globally diversified portfolios using low-cost, institutional-class funds from DFA and Vanguard
Low asset-based fees (0.33% max)
Tax-free growth and distributions
- Financial aid-friendly
- Expanded coverage (K-12, homeschooling)
Are you looking for tax-smart ways to manage your charitable giving? Would you like your philanthropic goals to extend beyond your lifetime while inspiring future generations to come together for an admirable cause? Through careful planning and smart tax and investment management, we can help define your mission and maximize your legacy.
Program Details:
- Reduce current income, estate and capital gains tax
- Extend giving strategy beyond your lifetime
- Low account minimums
- Low-cost, professionally-managed portfolios
- Tax-efficient disposition of non-stock investments (e.g., stock options, property, valuables, collectibles, life insurance, etc.)
HSAs are the only triple tax-advantaged accounts available to investors: you receive a tax deduction for your contributions; your investments grow tax-free; and qualified distributions are also tax-free. In our pursuit of every opportunity to take advantage of tax laws to maximize wealth and provide comprehensive retirement planning solutions, we have created our own low-cost, professionally-managed HSA investment platform with institutional-class funds and no transaction fees.
Account Features:
Tax-deductible contributions and tax-free growth and distributions
Globally diversified portfolios using DFA and Vanguard Funds
- No investment transaction fees
- Low asset-based fees (0.50% max)
- First-dollar investing
- Socially responsible investment (SRI) options