Risk Management

Risk is defined as the potential that a chosen action or activity (including the choice of inaction) will lead to a loss. As wealth managers, our job is to diversify risk.

Concentrated wealth makes clients wealthy, but diversified wealth keeps them wealthy. Reducing overall portfolio risk is the reason we diversify by market capitalization (large-cap versus small-cap), geography (domestic versus international), investment style (growth versus value), and management approach (passive/indexing versus active).

We work with each individual client to determine their risk tolerance and develop a portfolio to meet their goals. We deploy our active TAP management approach to deliver greater return while minimizing portfolio risk.

Whenever you or your family have a financial interest in something - whether it is your life, health, home, car, boat, or job - you face the risk that your budget will be upset or your net worth reduced if that item is lost or damaged. Because of the devastating effect such losses can have on your financial well-being, you must devise ways to deal with risk. You will need an economic way of dealing with those risks and insurance is one way. These are some insurance categories that we evaluate to manage your risk:

  • Property casualty
  • Health
  • Life/Disability
  • Long term care (LTC)
  • Umbrella policy