At JFThompson Wealth Management we have a clearly defined process in place for working with you to develop and implement your investment strategy. We believe that our process works well because it includes, at a minimum, these five elements:
Thoroughly Assess Your Financial Situation and Goals
Our initial Discovery Meeting consists of a thorough assessment of your current financial situation in light of your most important goals. We have a frank and in depth discussion with you on what you want to have happen now and in the future based on your values, beliefs, and priorities, all of which sets the course to help us in developing and implementing your financial plan.
Establish Long-Term Investment Objectives
Having a clear understanding of your financial goals, your financial profile and your risk profile, we establish well-defined benchmarks, which form the basis of your investment strategy. Your benchmarks help us determine the investment returns you need to generate and become the key measures of our progress towards your objectives.
Develop Your Asset Allocation Plan
With your benchmarks in place, we formulate an asset allocation strategy that reflects your risk/reward requirements. This involves identifying a mix of asset classes and securities or investment vehicles within those asset classes with the potential to generate the returns dictated by your benchmarks with an acceptable range of portfolio volatility.
Implement the Selected Strategy
With your asset allocation in place, the work begins on constructing your portfolio using select institutional asset class funds to achieve optimum diversification. Institutional asset class funds provide the best possible exposure across multiple sectors and geographic regions at the lowest cost.
Monitor and Rebalance Your Portfolio
With a sound investment strategy based exclusively on your personal benchmarks in place, there is little reason to track your investments daily, weekly or even monthly. Instead, we will work with you to establish regular intervals when we meet with you to measure progress, and make adjustments to your plan based on any changes in circumstances. Your investment strategy will include an automatic trigger for rebalancing your portfolio on an annual basis to ensure your target allocation of assets remains intact.
One More Thing....
As your financial advisor, JFTWM will clearly explain and document the process and services to be provided to you and define both our responsibilities. The client-advisor relationship is defined in large part by the method of compensation, so we will also fully explain how we will be paid and by whom, and all potential conflicts of interest will be disclosed.