Portfolio Management

Portfolio Construction

Acumen Wealth Advisors works to understand our clients’ goals, cash flow needs, and tolerance for risk. We listen to our clients wants and reconcile their needs. Next, we discuss how to adjust and assemble their portfolios. We incorporate a multitude of factors in portfolio construction including:

  • Tax liabilities
  • Economic and market conditions
  • Potential concentrated stock positions

Only after we have assessed a client’s unique needs, we then develop the investment strategy personalized for them. The market is driven by greed and fear, and our disciplined approach keeps emotions out of the investment management process.

ACTIVE TAX MANAGEMENT

Acumen is able to enhance returns through active tax management comprising of security selection and asset location. Understanding when to withdraw assets, and from where, is crucial.

  • Asset location recommends purchasing less tax efficient assets in tax deferred (fixed-income investments and other income producing assets such as traditional retirement accounts) or tax-free accounts (growth stocks or mutual funds such as Roth accounts) and tax efficient assets in taxable accounts (equity investments such as dividend-paying stocks or mutual funds).
  • Tax optimization prioritizes trades for securities with losses, securities with no tax consequences, and securities with gains.

To benefit from this strategy, clients must have both qualified and non-qualified accounts.

Due Diligence

We manage our clients’ portfolio risk with prudent investment selection and due diligence, tactical asset allocation, and diversification. With our commitment to maintaining transparency and the highest standard of fiduciary responsibility, we conduct ongoing due diligence meetings of our money managers’ investment and operational practices.

Primary purposes of onsite due diligence:

  • Verify, cross-check, and analyze information.
  • Money managers provide increased levels of transparency into their strategy and portfolios.
  • Verify assertions, question the drivers of performance, better understand philosophy, and inspect all aspects of their operations.

“Be greedy when others are fearful and be fearful when others are greedy.”
Warren Buffett

PORTFOLIO MANAGEMENT COMMITTEE

The Portfolio Management Committee (PMC) is responsible for Acumen Wealth Advisors’ investment selections, tactical asset allocation changes, and overall investment strategy. The PMC considers global economic conditions as well as market outlook and valuations when reviewing investment selections and asset allocation changes. The tactical asset allocation process allows for increases or decreases in the equity or fixed income exposure of a portfolio, within the ranges of its stated investment objective. The shifts are designed to position portfolios to either participate more in market upside or protect during market downturns.  Each PMC member brings their experience and frame of reference to provide diversity of thinking and ideas to the decision-making process and is comprised of:

Acumen Client Portal App

Acumen Wealth Advisors has created a customized mobile app for our clients to access their AcuTrac Client Portal powered by Tamarac conveniently and securely anytime.  We realize the importance of enhancing the client experience in today’s digital environment and leveraging the power of AcuTrac.

ACUTRAC CLIENT PORTAL  POWERED BY TAMARAC

AcuTrac Client Portal powered by Tamarac provides a detailed and timely comprehensive view of clients’ financial picture, integrates with our custodian, Schwab, and offers advanced security features including dual-factor authentication.  AcuTrac also features Net Worth Reporting, a secure Document Vault to exchange files, and Goal-based Reporting integrating with AcuPlan powered by eMoney to view clients’ financial planning data.  Quarterly performance reports are clear, concise, and easy to understand.

Tamarac Rebalancer

Allows Acumen to monitor and efficiently implement investment strategy changes across client portfolios.  We customize client portfolios leveraging tax optimization, monitor their accounts for trading triggers, make tactical trades, execute trades directly with our custodian, Schwab, reconcile trades from the previous day, and leverage tax loss harvesting strategies.

 

Tamarac Reporting

Provides Acumen the ability to customize reports to meet our clients’ needs including performance, holdings, transactions, composites, and business intelligence reporting. 

TAMARAC AWARDS

  • 2017 Wealth Management Industry Award for best client portal
  • 2016 Wealth Management Industry Award for best rebalancer
  • 2017 and 2018 Family Wealth Report Awards for best portfolio management system

Stay Informed/Schedule a Meeting

Acumen believes in the value and power of education.  We routinely deliver relevant information to our clients, so they can make informed decisions on important financial matters.  One of Acumen’s educational tools is our newsletter, Market Insights.

We encourage you to sign up for Market Insights to stay up to date with changes in current economic conditions and learn more about our firm’s perspective and investment strategies. You can also schedule a meeting to discover ways we can help you and your family.