“It is not timing the market that makes you money; it is time in the market that makes you money.”
At Boeckermann, Grafstrom & Mayer Wealth Management, LLC we are primarily wealth managers. We believe in understanding clients’ lifestyles and goals, addressing their initial concerns, and then developing comprehensive financial plans that will maintain and increase their wealth. We measure success not by comparing returns with those of other managers but by clients’ satisfaction in meeting life goals.
As investment advisors, we believe in an asset allocation approach. This means we do not pick the “hot" stock.
Instead...
- we tailor an investment portfolio that fits the individual client and only that client.
- we consult academic research along with historical and statistical data to produce various models that may help clients achieve objectives.
- we establish a target allocation for each asset class.
- we determine an expected rate of return and standard deviation for the portfolio.
- we define this allocation and the corresponding expectations of portfolio performance in each client’s investment policy statement.
- we remember that, because the majority of our clients are business owners, they have other assets that affect their overall portfolio.
Many clients ask us why we embrace an asset allocation strategy through diversification. Beyond the statistics of the buy and hold approach, we look to the experience of our founding member of Boeckermann, Grafstrom & Mayer Wealth Management, Daniel A. Boeckermann. Dan has practiced asset allocation with his clients and his own investment portfolio for the past 25 years. He has seen clients consistently succeed through patient, diversified investing. It is his personal experience that encourages Boeckermann, Grafstrom & Mayer Wealth Management to embrace this statistical theory of allocation.
Monitoring
Unparalleled personal service is what we strive for in our business. That means we keep clients informed about what is going on, both with their personal investment portfolio and the economy at large. They receive a monthly custodial statement as well as a quarterly performance report. The performance report references their portfolio against agreed upon market benchmarks and their personal asset allocation. We also provide a quarterly economic analysis with our insights on the economy and its effects on personal portfolios as well as a commentary with new ideas that may be of interest to clients.
Annually we review clients’ portfolios for tax opportunities (fourth quarter) and look forward to a personal update with them to discuss their investments, concerns and any changes in their personal situation. Some clients want to meet more than annually, and we are happy to do that.