Investment Management Services

Customized portfolio design and the Investment Policy Statement

We begin the investment management process by working with you to create your individualized Investment Policy Statement.  This document is the foundation of our investment management relationship:  it establishes clear objectives, defines your asset allocation policy (what types of investments and how they are best allocated), and identifies your goals and constraints with respect to the timing and amounts of withdrawals, taxes and other considerations. 

The most important reason for developing an investment policy statement is to articulate your tolerance for investment risk in the context of your overall situation.  We discuss the risks associated with different types of assets and ensure that you have a clear understanding of the potential impact volatility and investment risk can have on your portfolio.  Based upon your unique risk tolerance and life circumstances, we establish and document the appropriate investment parameters that will define your asset mix.

Implementation

Once the Investment Policy has been agreed upon, we oversee the establishment of appropriate new accounts and related asset transfers.  Keatley Wealth Management does not ever take possession of any client assets.  New accounts are established at a nationally-recognized investment company that acts as custodian for our client accounts. 

Because we are an independent Fee-Only firm, Keatley Wealth Management is able to consider a wide range of available investment vehicles and make selections based on what is best for our clients.  Furthermore, we offer access to low-cost institutional mutual funds that are available exclusively through Fee-Only advisors.  We favor mutual funds and exchange traded funds that provide consistent asset class exposure, low operating expenses and a high degree of tax efficiency.  Minimizing expenses and taxes helps you keep more of your investment returns. Over time, these savings compound and the gains can be significant.

On-going monitoring and rebalancing

As time passes, investment portfolios drift from their initial asset allocations changing their risk and return characteristics. We monitor our clients’ investment portfolios and rebalance when necessary to keep the asset allocations within the desired limits. Academic studies suggest that disciplined, periodic rebalancing can add up to 1% or more to a portfolio’s annual expected return.

Reality Check

We can measure investment performance against commercial market indices and we do. However, it is also important to use your goals as a yardstick to measure how we are doing. If you are retired, are you living comfortably? If you are still working, are you on track for the retirement you want? Do you feel secure in the knowledge that your money is working for you and that you are in control of your finances? Can you sleep at night in times of market volatility?

We provide you with quarterly reports that are informative and easy to read. We calculate quarterly investment performance, net of our advisory fee, so you can see how your accounts are doing. Beyond the numbers, we want to keep the conversation going. We get together, annually or more often if needed, to talk about how things are going and discuss any new financial concerns and revisit your investment policy statement. Keatley Wealth Management becomes your long-term partner in helping you achieve your goals.

Investment Management Fees

Total Assets Under Management	Annual Fee
The first $500,000	1.00%
The next $1,500,000	.75%
Assets above $2,000,000	.50%