Our Mission Statement


 

My practice is client focused with no more than 50 to 60 active clients at any one time. I currently have over 15 million in brokerage assets, all with LPL Financial, my broker dealer since 2000. Because I am a CERTIFIED FINANCIAL PLANNER ™ (CFP®)

I firmly belive in the effecient frontier theory of asset allocation and investing. According to the theory, it's possible to construct an "efficient frontier" of optimal portfolios offering the maximum possible expected return for a given level of risk. This theory was pioneered by Harry Markowitz in his paper "Portfolio Selection," published in 1952 by the Journal of Finance. The concept helps risk-averse investors construct portfolios to optimize or maximize expected return based on a given level of market risk, emphasizing that risk is an inherent part of higher reward.

While I will handle traditional brokered accounts for my existing clients where warranted, for example holding a single equity stock positon, my typical management fee is 1.0% of the value of assets under management with variations for larger or smaller amounts. For example, for accounts over $500,000 I typically discount my fee by a few basis points.  All fees are paid quarterly and are deducted  from your account unless you choose to pay it directly. You may terminate my services at any time with a refund of your last quarter's fees.

All transactions are handled through LPL Financial Services based in San Diego, CA., and one of the nation's largest independent broker/dealers As reported by Financial Planning magazine, June 1996-2015, based on total revenue. 

Some of the products offered are mutual funds, indexed funds, equities, bonds, including municipal bonds, as well as brokered CDs and government treasuries. I strive to keep your investment costs low, consistent with the level of risk and returns needed or desired.

LPL sends out quarterly statements and your accounts are always available for web viewing at any time with the LPL account view feature. I send out my own supplemental reports quarterly as well.  I also meet with my clients as often as they desire but at least annually to verify income needs and investment goals.

All prospective clients need to complete the LPL financial profile and I ask you to also please supply me with your most recent federal tax return and copies of all investment account statements, IRAs, and the like.

The initial consolation is free and there is absolutely no pressure to do anything.  It is your money and you should keep it only where you are comfortable.

                                                                                                                Michael J. Guyerson, CFP