Asset Management

Maximize Wealth

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

Individualized Allocation

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 and our clients still want to talk to a human being.

Objectivity

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.

Systematic Investing

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, test, refine, and repeat.

Fiduciary

We are a fee-only fiduciary advisor. My clients’ interests ALWAYS come first. We do not sell products for commission, and our dedication to you is about giving you the best advice possible.

Getting Started is Easy

30 Min Conversation

Complete a Risk Assessment

Investment Policy Proposal

Our initial consultation process is specifically designed to determine if we can help.

Investment Platform

We manage client investment portfolios on a discretionary basis. This means that we are actively engaged in the investment markets on behalf of our clients. We operate within the parameters of a client’s risk constraints, time horizons, cash flow needs, and long-term goals. Our daily involvement in the capital markets provides us with real-time information on changing trends and opportunities. We don’t simply delegate investment responsibilities or manage a relationship. We are integrally involved in clients’ investment outcomes, viewing ourselves as partners in their success.

It is only in less-efficient markets that hard work and skill are likely to produce superior returns. Bargains are purchased without reliance on guesses about the market’s future direction.

A superior record is best built on a high batting average rather than great successes that outweigh dismal failures. Avoid the losers and the winners will take care of themselves.

As a nimble investment manager, our decisions are driven solely by client goals, rather than investor activity and trends. Our small size allows us to make big moves without affecting the market.

We are actively engaged in the investment markets on behalf of our clients. We operate within the parameters of a client’s risk constraints, time horizons, cash flow needs, and long-term goals.

Investment Process

Introductory Call

Learn about your personal situation, explain our services, and disclose fully how we will be paid

Introductory Call

Discovery Meeting

Learn some background information about your past experiences with money and get a big picture view of what you hope to accomplish moving forward

Discovery Meeting

Document Gathering and Data Integration

Gather all the necessary documents and critical information, integrate data with various platforms,  and calendarize future meetings

Document Gathering and Data Integration

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.

Investment Policy Statement

Implementation

Individual investments are selected based on the parameters of the asset allocation strategy.

Implementation

Investment Management

After implementation, the management process begins. This includes monitoring the investments and measuring the portfolio’s performance relative to expectations.

Investment Management

Rebalancing

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.

Rebalancing

Year-End Meeting

As the client’s situation changes so will the portfolio. At year-end we review the goals, risk-reward profiles and asset allocations.
Year-End Meeting

Asset Management Pricing

Frequently Asked Questions

Once all of the accounts under a unique social security or Tax ID number reach the breakpoints, you will be charged the lower fee across the accounts!

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 $125K and is invested with our alpha plus strategy. 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: ($100,000) * 1% * (21/252) + ($125,000 – $100,000) * 0.75% * (21/252) = $98.96.

Assets Under Management

From Fee
From $0 to $100k 1.00%
From $100k to $10M 0.75%
Above $10M 0.50%

Getting Started is

Investment Strategies

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.

Stable Income’s investment objective is to seek to mitigate the effects of unanticipated inflation and to provide current income. The Fund seeks to achieve its investment objective by employing a large allocation to inflation protected securities to manage inflation risk along with a small investment into equities. The goal is offer a competitive yield while protecting capital from inflationary environments.

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.

The strategy seeks total return consistent with the broad stock market. The strategy’s investment objective long-term capital appreciation. This long-term strategy seeking to build wealth and manage volatility through comprehensive diversification. The fund seeks ownership of large value-priced companies the team believes are poised to benefit from positive business developments.

Alpha Plus Investment Strategies

For years, investors looked at the market through the lens of a traditional style box. However, a growing number of investors are shifting to factor investing for a more precise method of portfolio construction.

Wealth Habits believes this shift is largely due to rising correlations coupled with low return environments. These dynamics have helped expose the limitations of traditional methods and spurred investors to seek more effective means with which to assess market risk and enhance returns. At the same time, more powerful data analytics as well as advances in research into investor behavior have provided the ability and the insight to better implement more sophisticated strategies. Traditional style boxes provide only a superficial view of a portfolio’s construction – much like the naked eye reveals only a person’s outward characteristics.

Wealth Habits generates investment ideas from a variety of sources while relying little on the research produced by Wall Street. As market generalists, we search for value without in every industry, sector and most geographies. We believe this unconstrained structure broadens us perspective and allows us to assess relative values among companies in different businesses.

From the universe of investible securities, we apply quantitative screens to find securities that meet our basic criteria. When a promising company is identified, we subject it to intensive research that goes far beyond just the numbers. This process includes examining its business model in close detail, reading transcripts, and speaking to clients, vendors and competitors.

If a company passes this initial examination, its merits are weighed by a team of investment professionals at Wealth Habits. Acceptance at this stage allows the company to be added to our approved list, which are the only stocks eligible for our selective portfolios.

The Broad Equity strategy is designed for investors seeking returns through a mixed-styled portfolio (mix between growth and value). Consists of a diversified portfolio of 75-120 stocks from a variety of sectors representing many ongoing global trends. Higher returns generally come with higher risk, and therefore investors in this portfolio must both be able to accept higher than average short-term price fluctuations that come with efforts to seek above-average returns, and should have capital appreciation with a longer-term focus as their primary investment objective in following this portfolio.

Focused on investing in a portfolio of stocks with the following attributes:

  • High Return on Operating Assets (NOPAT / Net Operating Assets)
  • Stable growth in revenues and earnings
  • Adequately priced in the market

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 75 and 100 stocks, with risk controls to minimize volatility.

Focused on investing in a portfolio of stocks with the following attributes:

  • Stable and predictable revenues and earnings
  • Strong ability to generate cash flow
  • High barriers to entry
  • Increasing levels of shareholder payout

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 25-35 stocks. The portfolio reflects the highest-conviction ideas appropriate for a concentrated portfolio. Companies are selected based on their ability to generate free cash flow and allocate it intelligently to benefit shareholders.

Focused on investing in a portfolio of stocks with the following attributes:

  • High Return on Operating Assets (NOPAT / Net Operating Assets)
  • Stable growth in revenues and earnings
  • Adequately priced in the market

Our Discovery strategy invests primarily in a concentrated portfolio of small and mid-cap equity securities. It pursues long-term capital appreciation by investing in a concentrated portfolio of growing businesses we believe have superior risk-reward profiles. We primarily rely on a bottom-up security selection and risk management process. Our portfolio usually has between 25-35 stocks and reflects the highest-conviction ideas appropriate for a concentrated portfolio. Companies are selected based on their ability to grow shareholder value over a long period of time.

Focused on investing in a portfolio of stocks with the following attributes:

  • Growth in revenues and earnings
  • Strong ability to reinvest growing cash flow
  • Competitive advantage in the making
  • Institutionalization of the business franchise

Our Special Situations strategy makes investments in companies that have an element of distress, dislocation or dysfunction and that we perceive to be undervalued. The cornerstone of the Special Situations strategy is its flexibility to invest anywhere. Importantly, the strategy does not require a distressed macro environment to invest successfully, relying instead on “situational” distress that can be uncovered in any industry, sector or individual company at any point in the economic cycle.

Potential Situations:

  • Company spin-offs
  • Distressed situations
  • Tender offers
  • Bankruptcies
  • M&A
  • Companies that are at an inflection point