Robert Richter, MIA & CPA is able to choose the best managed mutual funds for his clients because he is and independent fee based advisor and a financial planner.
SELECTION:
Within a group of 5,000 funds – the funds are evaluated on a variety of qualitative and quantitative factors including:
- Management experience
- Adherence to their stated class
- Past performance by the same management
- Low fee structure
- Tax efficiency
- Other relevant factors
MONITORING:
After selection and allocation for your portfolio is made, performance is monitored on a daily basis. Ongoing monitoring helps you stay invested in an ever-changing economic climate.
The asset management process is accomplished by movement of capital from one fund to another fund with greater potential as market trends unfold. Mr. Richter also uses ETF funds for specific allocations.
WHAT TO EXPECT FROM YOUR INITIAL MEETING:
In an effort to establish trust, your initial meeting is designed to help you feel more comfortable with the process of investing.
- Establish your personal & financial goals
- Evaluate & analyze your current situation and investments
- Understand your risk tolerance and expected returns
- Establish an investment and financial plan of action to meet your financial goals
- Implement the plan of action and monitor the results
WHAT TO EXPECT FROM OUR ONGOING SERVICES
Proper diversification of your assets
Once I have determined your financial objectives, and risk tolerance, I will diversify your money in the best managed funds with superior long-term returns and low downside risk. I monitor these funds on a daily basis. I am mindful of my clients personal risk tolerance, and always keep their portfolio diversified to match their investment needs.
Periodic rebalancing of your portfolio
Financial trends and daily economic information can have an impact on your investments. By following these trends, I can make timely adjustments to your portfolio to minimize your assets from downside risks, while achieving above average rates of return on your investments in the long-term. A stagnant unmanaged portfolio can have dire consequences or sub pare results. Understanding economics, business cycles, and following trends in the market place will allow me to properly invest your money in the right asset classes. Rebalancing your portfolio is a very important part of asset management.
Low fees, no sales charges or commissions
I charge lower fees than 95% of fee based advisors which means more money in your pocket. Most fee based advisors charge from 1% to 1.50% of assets under management. I charge 1% for the first $50,000 and then .65 of 1% over 50,000. Accounts over $800,000 are a flat fee of ½ of 1% of total assets. Mutual funds are no load funds, which means there are no sales charge to you.
Best performing mutual funds
Because I am an independent broker, I can put your money in the top performing funds. I have many stringent criteria before I buy a mutual fund. I determine the fund managers ability, the long-term performance, low fees, risk factor, volatility of the fund, overall strategies and other important factors relevant to the prosperity of the fund. I monitor my selected funds on a daily basis to assure you are getting good returns on your investments.
Minimizing your taxes
Gains on your investments should mostly be long-term capital gains. That rate is 15% vs. ordinary short term gains which can be as high as 39%. Having your money with fund managers that keep taxes in mind can increase your after tax rate of return on investments substantially. Monitoring the tax aspect of your portfolio is part of the overall services I provide to my clients.