Fiduciary & Fee-Only
The fiduciary standard means we act in your best interest. If there are three good options, we will weigh them all and recommend only the very best one for your goals. Fee-only means we charge one flat rate that is transparent to you. We don’t get paid any other way. It’s the right way to work together.
Evidence-Based Investing Philosophy
At Lumia Wealth, we believe an evidence-based investing philosophy delivers a better investment experience. We use academic research to identify the most important data points that contribute to expected returns. Portfolios are constructed based on these factors of return and an efficient market view of the world. We diligently monitor and rebalance portfolios to stay true to their strategy.
In investing, alpha is the excess return an investment makes beyond its benchmark. Tax alpha means achieving the best after-tax returns. Too often, advisors and investors look at investment returns and tax bills as two separate items. This can be especially true with firms that are only asset managers or investment firms. In contrast, we evaluate asset location, income tax filings, qualified dividends, capital gains, and more to make sure you are paying the minimum amount of taxes appropriate for your financial condition.
We engage partners when they give our clients access to the best solutions. Professional affiliations include the National Association of Personal Financial Advisors (NAPFA) and the Certified Financial Planners Board (CFP). The BAM Alliance provides back-office operational support and a nationwide network of like-minded advisors. For investments, we are open architecture and partner with Dimensional Funds, Vanguard, AQR, and others.
If it matters to your financial health, it matters to us. As a total wealth advisor or holistic financial advisor, we take a broad view of financial health and commonly partner with clients to manage:
- Financial goal setting and retirement planning
- Asset location and allocation
- Investment selection, rebalancing and maximization
- Tax planning and minimization
- Insurance – life, disability, home and auto
- College savings
- Estate planning
- Charitable giving
- Spend down strategy