Q: Do you have a minimum portfolio size?
A: We do not have a minimum portfolio size. We focus on each client as an individual with unique circumstances and financial goals. Please contact us to discuss your financial goals.
Q: What happens to my current holdings if I become a client?
A: Before any changes are made, we first analyze your existing portfolio and discuss our recommendations with you. Our overall goal is for your portfolio to make sense for you and your lifetime objectives, in the most cost-effective way possible. Ways we achieve this goal are to capture your unique willingness, ability and need to take on market risk via appropriate (often global) diversification; to minimize the expenses involved in investing; to manage for appropriate asset location between taxable and tax-sheltered accounts; and to eliminate any unnecessary complexity within the collection of accounts within your portfolio. If existing holdingslend themselves to these objectives, we leave them in place. If changes are warranted, we work with you to ensure any transitions occur as smoothly and cost-effectively as possible.
Q: Do you trade and hold my assets for me?
A: While you grant us Limited Power of Attorney (LPOA) to execute transactions on your behalf, you remain in control of your assets. Accounts are held in your name at a quality custodian.
Q: Describe your investment approach.
A: At JMF Capstone Wealth Management we use a systematic consulting process for uncovering your most important goals, and for designing and implementing appropriate solutions to help you achieve those goals. When it comes to achieving your goals, you are best served by a deliberate process that begins before we ask you to commit to a long-term relationship with us. It starts with a Discovery Meeting focusing on you and your life. We will discuss your values, personal and professional goals and relationships, assets and interests.
In addition, we will ask you to share your thoughts on questions such as: What does financial success look like to you? What resources do you have? What challenges do you face? Your responses to these questions and the information which you share will serve as the basis for an Investment Plan Meeting where we will present you with a “Discovery Profile” which reflects our understanding of what you’ve shared with us along with a strategy document, including your proposed financial plan.
Based on your input, we will adjust these documents as needed and present them to you at our Mutual Commitment Meeting. At this point we work together to decide whether the strategy we have presented makes sense for you. If it does, we proceed. We both sign an agreement, and your finalized strategy document becomes a blueprint for coordinated action.