Minimum Criteria for Becoming a Client
While we enjoy meeting and helping new clients, serving our current clients remains our top priority. As noted in Our History, we believe it is necessary to limit the number of clients our firm serves so can provide the best advice and highest level of service to all our clients. Accordingly, we have established minimum criteria for becoming a client.
We assess a number of factors when deciding whether to work with a particular client. Among these are a willingness to: take advice, collaborate on high level strategy, thoughtfully participate in goal setting, and delegate investment management. We also consider total financial net worth and the amount of investment assets that need to be managed.
Unless a prospective client is related to a current client, it is unusual for us to accept engagements with a potential client who has less than $750,000 in investment assets.
By "investment assets" we mean most commonly held investments like stocks, bonds, options, mutual funds, ETF's, REIT's, closed-end funds, UIT's, and deferred annuities. (We would not include real estate holdings or personal assets like furnishings, cars, and jewelry.) The investment assets may be held in almost any type of account at any financial institution and include, but are not limited to, brokerage accounts, trust accounts, and retirement plans such as 401(k)s, 403(b)s, IRAs, and Roth IRAs.