At Wealth Habits you are at the center of everything we do. Our mission is to help you achieve your investment goals. We serve a diverse range of clients – individuals, families, and organizations – who rely on us to help them understand markets, deliver innovative investment solutions and plan for their future.
Value & Benefits of Wealth Habits
When done properly, an investor’s allocation of assets will reflect his desired goals, priorities, investment preferences and his tolerance for risk.
Access to a Real Person
We believe in the human element. When our clients want to talk to a real human being, we’re available.
We maintain standardized investing processes that reduce bias in our investment decisions.
Global Tax Harvesting
We look at our investments holistically and are able to reduce your taxes cross-platforms, even if the account isn’t with us.
A disciplined process underlies everything we do. Our investment process, built over 10 years, is based on research and experience framed in a continuous process of design, testing, refining, and repetition.
Getting Started is Easy
Our initial consultation process is specifically designed to determine if we can help.
Learn about your personal situation, explain our services, and disclose fully how we will be paid
Learn some background information about your past experiences with money and get a big picture view of what you hope to accomplish moving forward
Document Gathering and Data Integration
Gather all the necessary documents and critical information, integrate data with various platforms, and calendarize future meetings
Investment Policy Statement
An investment policy statement (IPS) is drafted, outlining the general client investment goals and objectives as well as strategies to meet these objectives.
Individual investments are selected based on the parameters of the asset allocation strategy.
After implementation, the management process begins. This includes monitoring the investments and measuring the portfolio’s performance relative to expectations.
The portfolio review then determines if the allocation is still on target to track the investor’s risk-reward profile. If it is not, then the portfolio can be rebalanced, selling investments that have reached their targets, and buying investments that offer greater upside potential.
Asset Management Pricing
Asset Management FeesIndependent & Low Cost
Annualized Asset‐Based Fee
(Additional Break-Points Available)
Goal-Driven Asset Allocation
True Global Diversification
Tax Intelligent Portfolios
Education and Guidance
Frequently Asked Questions
Yes, I signed the fiduciary oath (click to see it):
- Put the client’s best interests first
- Act with prudence; that is, with skill, care diligence and good judgment of a professional
- Do not mislead clients; provide conspicuous, full and fair disclosure of all important facts
- Avoid conflicts of interest; and fully disclose and fairly manage, in the client’s favor, unavoidable conflicts.
How to tell if your financial advisor looks out for you? Ask him/her to sign this document!
No. The pricing listed above includes all fees taken out of your account by Wealth Habits as your Investment Advisor. ETF fees (if you are invested in ETFs) are taken out at the fund level, not out of your account. This means that we buy the ETF on the exchange with the fee already factored into the price. If your account holds stocks exclusively, there are no additional expense ratios paid. Please see our Form ADV Part II if you have any additional questions about third-party product fees.
It is only Wealth Habits’ investment advisory fee. Any fees by the broker will be charged separately. Please see our Form ADV Part II for more information.
A pro-rated amount of Wealth Habits’ yearly fee is taken directly out of your account by the custodian each billing period. You will have a choice in selecting the billing period but we prefer monthly. We do not allow clients to pre-pay fees.
Assume an account with an average monthly balance of $300K and is NOT a subscriber to our financial planning services. Assume also that we agree to a fee schedule of:
- First $300,000 at 1.00%
- Over $300,000 at 0.75%
Then, the monthly advisory fee will be $98.96. Assuming 21 trading days that particular month and 252 trading days in the year, the math is as follows: ($250,000) * 1% * (21/252) + ($300,000 – $250,000) * 0.75% * (21/252) = $239.58
Getting Started is
We employ a “core and satellite” approach to portfolio construction that blends both growth and risk-reduction characteristics. Evaluating the tradeoff between cost, liquidity and investment flexibility helps to determine what we believe is the optimal investment mix.
To build a strong portfolio foundation, we invest in diversified index funds such as exchange-traded funds (ETFs). A strong foundation is built for the long term and diversified enough to withstand whatever comes next. Investing in only ETFs may also diversify away from the benefit of companies or sectors that outperform.
Core-Satellite investing blends these approaches.
How does it work?
- The majority of the portfolio can be invested in a core of index funds.
- The remaining satellite portfolio is invested in high conviction investments.
The core achieves the goals of:
- Reducing volatility across your total portfolio by spreading your risk
- Reducing the ongoing costs of your portfolio
- Reducing the impact of capital gains tax on your portfolio
The satellite achieves the goal of:
- Capitalizing on business and consumer trends
- Investing in more aggressive assets without risking your entire portfolio
Core Allocation Investment Strategies
The strategy seeks to provide capital preservation and current income while maintaining liquidity. The Preservation strategy seeks to achieve its investment objective by investing in a diversified portfolio of fixed income ETFs / Mutual Funds comprised of government, corporate, and fixed income securities including mortgage and asset-backed securities.
Flexible Income’s investment objective is to provide current income. The strategy seeks to achieve its investment objective by actively allocating assets across multiple income producing asset classes and strategies.
The strategy seeks total return consistent with a slightly lower level of risk relative to the broad stock market. The strategy’s investment objective is capital appreciation along with some current income.
Satellite Investment Strategies
Our Income Growth strategy pursues attractive total returns with an above-average level of income by investing in a diversified portfolio of companies with strong and growing free cash flow. Companies in the portfolio possess operating models and managements that focus on giving back capital through cash dividends, share repurchases and debt reduction — the key components of shareholder yield. The portfolio generally holds between 35 and 50 stocks, with risk controls to minimize volatility.
Our Global Focused strategy pursues long-term capital appreciation by investing in a concentrated portfolio of global businesses we believe have superior risk-reward profiles. Our top-down / bottom-up security selection and risk management process leads to a portfolio of 25-45 stocks. The portfolio reflects the highest-conviction ideas appropriate for a concentrated portfolio.