What We Believe
1. You need a plan to achieve your financial goals.
That plan should be comprehensive, addressing your major life goals, your investments, your taxes, your insurance and your estate planning. If you only focus on investing, you don’t have a plan, and you are less likely to achieve your goals.
2. Everyone’s financial situation is unique.
You need a plan that addresses your specific goals and ability to take risk. Off-the-shelf products or mass-market advice will not help you achieve your unique goals.
3. Your advisor must be a fiduciary.
That means your advisor should take an oath to put your interests first. We are fiduciaries. Advisors at the big banks are almost never fiduciaries. So, they often have a financial incentive to recommend expensive products. At Old Peak, our only incentive is to recommend what’s best for you.
4. Your investment dollars should be in broadly diversified, low-fee mutual funds.
That’s the best way to maximize your long-term returns and minimize your risk. Our preferred manager uses Nobel Prize-winning academic research that we believe gives you the best chance of long-term investing success. The construction of each client's portfolio will depend on their goals, ability to take risk and specific circumstances. But it's almost always best to minimize fees and diversify broadly.