"The greatest enemies of the equity investor are expenses and emotions."
– Warren Buffet
It is of utmost importance to reduce excess fees in your portfolio wherever possible whether through the elimination of mutual fund load charges, or by picking the lowest-cost exchange traded fund options. Eamon Principal Tom McGahan, CFA, embraces a client focused, cost-centric approach built on the belief that being a faithful steward of our clients wealth outlook is more important that simply focusing on the firms profitability. Eamon’s first focus is on the most suitable investment offerings for clients with the firm belief that profitability grows along with client wealth. Our emphasis on utilizing the lowest cost investment vehicles ultimately increases value for our clients.
What do we do?
We factor in time horizon, liquidity needs and any special tax considerations to create a customized asset allocation for each portfolio and use it as a road map to guide where and how we invest. We evaluate each investment objectively based on how it contributes to the client’s entire portfolio. Prior to adding any investment to a given portfolio, we consider its suitability in the contact of prices variability (Maximum $ gain or loss for a given period) and long-term return (reward).
After implementation of an investment program, we then adjust asset class weights opportunistically based on the global economic landscape and short-and long-term movements in the financial markets. However, we do not believe in market timing, rather, we look to identify optimal entry and exit points for new portfolios or the reinvestment of accumulated cash holdings.
How do we do it?
We construct investment portfolios in the most cost-effective way, while still maintaining access to top-performing investment strategies, by understanding and exploiting inefficiencies across the financial markets.
It is our philosophy that the utilization of passive exchange traded funds (“ETF’s”) and index funds is advantageous for more efficient parts of the financial markets; likewise the utilization of more active ETF’s and mutual funds is advantageous for more specialty and inefficient parts of the financial markets.
While ETF’s and mutual funds are foundational in the creation of our asset allocations due to cost effectiveness, we do include individual stocks and bonds, alternative investments, limited partnerships and other unique investment ideas based on client needs and legacy holdings.