HighTower Las Vegas

It all starts with planning. Yogi Berra once said, "You got to be careful if you don't know where you're going, because you might not get there." As goofy as it sounds, there is great significance in this saying when it comes to your financial future. It is critical to have direction with your finances; a set of clear objectives that drive your actions. Otherwise you are leaving one of the most important aspects of your life up to chance.

Our job is to learn and discover as much as we can about your desired destination, so we can help construct a plan to help get your there. This process starts with a deep dive into your ambitions, desires, needs, and fears. Once your objectives have been established, we focus on mapping out the best route and serve as the guide along the way. Financial planning can range from simple to highly complicated. Each situation will be different. We understand the personal nature and complexities of financial planning. Our experience and commitment to staying informed give our office the resources needed to develop and execute a plan that's right for you.

Our office includes proven portfolio managers as well as experienced investment management analysts. This combination affords us the ability to cater an investment solution that fits your specific situation. Whether we manage your money in-house using our proprietary top-down approach, or select outside managers to fill a unique need, we have the tools, resources, and experience to deliver a solution that's right for you. All of this is done in an unconflicted environment where our fiduciary duty mandates we focus solely on you.

Whether you are accumulating wealth or preserving what you've earned, risk management is the defining principle of our investment philosophy. We view everything through the prism of risk management and the current and future liquidity requirements of our client. Why? Because risk matters. It is a mathematical fact that losses matter more than gains. We've taken this principle to heart and have built our investment philosophy around this point. We take a macro view of the markets and "dial up" or "dial down" risk when the market environment demands action. The goal is the get you to where you want to be with the least risk possible.

At the core of each solution is the strategic asset allocation, not just among stocks, bonds, and cash, but alternative assets as well. Combining the right mix of investments is the key to managing risk over the long-term. However, shorter-term tactical shifts are often required to help keep risk in-check and you on the right path. We insatiably focus on the market environment to determine what the strategy should be moving forward. This process involves searching for opportunities that may not currently be in vogue or dominating the headlines of the financial media. We believe the end result is an investment strategy that you feel comfortable with in both good and bad times…one that helps you sleep at night…one that provides you with peace of mind.

Imagine driving in a city that has no traffic laws. While it sounds interesting at first, the end-result is complete chaos. We need some guidelines to ensure we are moving in the right direction, yielding when appropriate, and staying safe. The same is true for your portfolio and investment policy is the answer. We are firm believers that all investors should have a sound investment policy statement. We spend a significant amount of time identifying your true objectives, assessing your ability and willingness to accept risk, and considering the particular constraints that may impact your investment strategy. We use this knowledge to determine the strategic asset allocation that's right for you and set the guidelines for managing your investments moving forward.

Whether we like to admit it or not, people have emotions. Unfortunately, our experience has revealed that emotions can lead to bad investment decisions. Whether you are more or less prone to emotional decisions, your investment policy statement, and the fact we will hold you to it, will help keep your emotions in-check, which will greatly increase the likelihood of your success.

Investment policy carries even more importance for institutions. Similar to our role as fiduciaries managing your money, boards of non-profit organizations and institutions also carry fiduciary liability. Non-profit organizations and other institutions also have unique needs specific to their missions. We understand these important issues and work to construct investment policies to help boards prudently manage their organization's investments.

While investment policy is a cornerstone to successful investing, a clearly written estate plan will insure that legacy assets pass to beneficiaries in accordance with the wishes of the owner. More often than not, however, assets pass from one generation to the next without the sharing and passing of the legacy that created the wealth. Legacy refers to the values held by one generation that they desire future generations and heirs to honor and live by.

These values are about the importance of family connection, how you do business, giving back to the community, and ways of raising future generations that you want your family members to adhere to. It is an implicit responsibility that goes along with inheritance and is often very difficult for families to talk about. Our goal is to provide you with the structure, expertise, and resources to help your family place governance around the earnings, saving, spending, and sharing of your family's capital.

Family meetings are a great way for your family to address such issues as owning and enjoying a shared family asset, lending money to family members, preparing the next generation for the responsibilities of ownership, or simply sharing best practices of other legacy families around a specific topic.