Investment Management

We first determine the appropriate risk profile for each managed investment account. Each portfolio we oversee is asset allocated using institutionally based guidelines. Daily monitoring (see second paragraph, below) ensures accounts remain in the appropriate risk profiles through rising or declining market cycles. As clients progress towards longer term objectives, we ensure that risk profiles are adjusted as appropriate (from equity to growth to balanced, etc.).

On a daily basis, we review and monitor the asset class drift within your portfolio, and objectively rebalance your account anytime an asset category drifts beyond a pre-determined threshold. For example, we rebalanced in March 2020, when equities fell 35% in a one-month period--a historic decline for that time period. During this rebalance, we sold bonds that held their value/advanced, to purchase equities at a market low, keeping our client’s asset allocation in balance while securing additional equities. The additional equities secured during rebalancing allowed our client’s portfolios to recover more quickly during the subsequent equity market recovery (equities advanced more than 20% over the next 30-day period, which was a historic advance over this short of a time).

Additionally, there is ongoing in-depth research and review of each mutual fund, ETF or security held in your advisory portfolio by our team, Northwestern Mutual (NM) home office investment professionals and by the Institutional Arm of Morningstar each quarter in perpetuity, to ensure all holdings within your portfolio remain among the best options in their asset category. If the forward-looking performance of any security is uncertain, we are alerted and replace that holding accordingly to ensure your account remains optimally invested at all points in time.

Our team advocates that discipline, not emotion, is what drives our institutionally based asset management process. We do not allow short term information or news to influence our client’s long-term investment strategy.

No investment strategy can guarantee a profit or protect against a loss.

Ryan B Smith, CFP®, ChFC®, CLU®, M.S.T.

Private Wealth Advisor


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