What’s a client’s level of risk? Their need for liquidity? Do they have significant tax liabilities? When constructing asset allocations, we strive to understand a client’s whole financial life—not only what we manage—to make their investments go further, work harder. Smart investing isn’t simply about choosing the right stocks. It’s about creating the best possible asset mix to maximize returns and minimize liabilities.
It takes significant resources to thoroughly evaluate every fund. Additionally, non-traditional, non-regulated investments are highly complex. Unfortunately, research of this caliber is limited in the institutional world and nearly non-existent on the private client side. But, we’re different. New Market Wealth has partnered with a leading institutional research firm—Cliffwater LLC—to provide comprehensive, timely research on thousands of investments. With unrivaled access to institutional advice, New Market Wealth understands the details of every opportunity, bringing a new level of transparency to an otherwise opaque industry.
Everyone has a different appetite for risk based on age, income and other factors. When assessing risk, we work with Cliffwater LLC to create custom models just like major pension funds. By tapping into the research firm’s vast manpower and resources, we effectively manage risk at both the portfolio and investment level.
“Plans are nothing; planning is everything”
—Dwight D. Eisenhower
When it comes to financial planning, we look beyond asset allocation to understand our clients’ hopes and dreams, from retirement to paying for college, life insurance and more. Our expert professionals include CFAs, CFPs and a CIO who works with clients to uncover their financial behaviors and biases. At the beginning of every new relationship, we develop a 140-page report that maps out the client’s financial plan for both the short and long term. On an ongoing basis, we deliver topical advice, hosting events with experts who are well-versed in the themes and issues driving fluctuations in the market.
From 401ks and IRAs to charitable giving, investment and tax planning go hand-in-hand. We carefully consider the locations of our clients’ investments to ensure that we’re taking full advantage of tax deferral and other benefits. For example, we may recommend that a client make a charitable donation through appreciated securities or funds rather than writing a check. We also align our strategy to current market conditions and take advantage of tax harvesting where possible to ensure that clients are maximizing every opportunity to decrease their tax burden.