Our approach to portfolio construction takes into account:

  • Performance – Mutual funds and ETFs are selected for our model portfolios only after being thoroughly compared against their peers using both quantitative and qualitative measurements.
  • Expenses – Fees and expenses, if not managed effectively, can be a real drag on the total return of an investment portfolio.
  • Volatility – Slow and steady really does win the race.  Avoiding steep losses and prolonged drawdowns can have a profound impact on the value of an account.  Our tactical strategy is intended to reduce this impact and smooth rates of return over the long term.

This material does not constitute a recommendation to buy or sell any specific security. Past performance is not indicative of future results. Investing involves risk, including the possible loss of principal invested. Investment decisions made by Financial Management, Inc., may result in a profit or a loss.