OUR WEALTH MANAGEMENT SERVICES
Family Wealth Architects LLC (FWA) is an independent registered investment advisor established in 2001 which provides wealth management and investment advisory services in an effort to help its clients achieve their individual and intergenerational goals.After identifying the client's objectives and risk tolerance, FWA applies Modern Portfolio Theory principles to devise a customized asset allocation strategy. The firm then implements that strategy using low-cost, tax-efficient investment vehicles and monitors the portfolio on an ongoing basis.
The assets managed by FWA in a client's investment account are held by an independent custodian, such as Schwab Institutional. The client receives monthly investment account statements directly from the custodian. The client may also view up-to-date account information at any time online through the custodian's website.
Please click on each service contained within the circle below for a link to its respective description.
CONSOLIDATED REPORTING AND OVERSIGHT OF INVESTMENTS
We have developed a clear and precise reporting package that allows us to report on multiple accounts for an individual client and, if requested, the client's family members in one consolidated report. Our reporting process allows us to manage individual accounts structured toward various goals while maintaining oversight of the household accounts in their entirety.[ top ]
MONITORING OF PERFORMANCE AGAINST PEER BENCHMARKS
We monitor and report portfolio performance against appropriate industry standard benchmarks. Understanding how a portfolio is performing against those benchmarks helps us to decide if changes should be made to the asset allocation strategy of the client or to individual investments in the client's portfolio.[ top ]
QUARTERLY INVESTMENT REPORTING
In addition to the monthly account activity statements which are delivered directly to the client by the custodian, we prepare a very comprehensive report on a quarterly basis. These quarterly reports are constructed to assess the portfolio performance, depict the asset allocation, and facilitate tax accounting.[ top ]
COST EFFICIENT INVESTING
In choosing mutual fund and exchange traded fund investments for client portfolios, we carefully screen the internal costs of the funds. We consider whether the potential performance benefits of an actively managed fund outweigh the additional costs versus an index fund or exchange traded fund peer. Our goal is to avoid exponential costs that may erode performance over time.[ top ]
TAX EFFICIENT INVESTING
In the same way that exponential internal fund costs can erode portfolio performance over time, taxes can also erode portfolio performance. We screen funds for turnover percentage and consider tax loss harvesting as appropriate.[ top ]
FIXED INCOME INVESTING
The fixed income component of a client's investment portfolio can be very important. Fixed income investments can provide stability and capital preservation as well as income. Our needs assessment process helps us to identify an appropriate allocation to fixed income for a client's circumstances.[ Our Legal Services ]