Help CenterExpert Network Team Podcast
Mike Miller CPA tells a story about a friend who made it through the economic shutdown from the pandemic because of his strong balance sheet. Mike shares questions to ask yourself as you think about your finances. Learn a practical idea about planning for what to do when business income declines. Mike shares the four elements of a strong balance sheet. Learn rules of thumb for a “rainy day fund” and what lenders look for in companies. Learn about “negative net worth” and how to keep a forward focus when you’re looking at financial statements.
Our 6 Step Investment Process
Our investing process centers around six steps:
Step 1: Discovery Process. Our investment plan process begins with a thorough conversation about your financial values and goals, as well as your key relationships, existing assets, other professional advisors, preferred communication style, and personal interests.
Step 2: Liquidity and Income. We separate your short-term needs for income and liquidity from long-term needs for financial security. Short-term needs require liquidity. Money for these goals should be managed with a short-term investment horizon.
Step 3: Long-term Objectives. Taking into account the long-term nature of successful investing, we set objectives for your portfolio that are appropriate for your risk profile and for the investment horizon(s) you identify.
Step 4: Asset Allocation. Asset allocation is the first investment decision. We decide how much of your portfolio to invest in asset classes, such as equities, bonds, alternatives, and short-term investments.
Step 5: Investment Strategies. With an asset allocation in place, we select the investment vehicles you will use to implement your portfolio strategy. Several key investing principles guide these selections: the importance of asset class decisions, the time value of money, and the quality of investment management.
Step 6: Build Your Portfolio. Building on the first five steps, we construct a portfolio suited to your needs, goals, time horizon, and risk profile. The building blocks for your portfolio are institutional investment managers and investment products.
Learn More
If you would like to learn more:
- Download the Investment Philosophy white paper
- Most Recent Investment Advice Videos
