Wealth Teams Solutions is the investment management division of financial planning firm BTA Advisory Group. We are a group of experienced fiduciaries helping investors reach their goals with a time-tested process built on six decades of academic research.
Are you confident that your portfolio is being managed to deliver the maximum amount of return for the level of risk you’re comfortable with?
Would having an investment process backed by five Nobel Prize researchers instill that confidence?
At Wealth Teams, we manage client portfolios according to the Nobel Prize-winning research of Harry Markowitz (1990), William Sharpe (1990), Merton Miller (1990), and Eugene Fama (2013). And recognizing that at the end of the day, the most academically precise portfolios must still account for the emotional tendencies of their owners, we also apply the concepts of Daniel Kahneman who won the Nobel Prize for his work in behavioral finance (2002).
Do you need sound financial planning?
How does working with a PhD in Financial Planning sound to you?
After 45 years of industry experience, the Principal of our firm, Guy E. Baker, embodies the ideal of lifelong learning. By the end of 2015, Guy will have earned his PhD in Financial and Retirement Planning.
What if you could receive this level advice and management for substantially less than what you currently pay?
What if we told you we have yet to encounter a situation where we could not reduce portfolio expenses by at least 30%?
Maybe you think you are only paying 1% to your advisor. That may be true, but what you may not be aware of is how your returns are likely being eaten away, year after year, by other fees and expenses.
Some of these costs are disclosed (such as fund expense ratios), while others are undisclosed (such as fund-level transaction costs and bid/ask spreads). A detailed explanation of this is available upon request, but the bottom line is this: total fees and expenses can easily reach 4% to 5% per year. If the expected return of your portfolio is 9% per year, a cost of 4% is 45% of your return!
We consistently see that by controlling expenses, a total cost of around 2% per year is achievable. 2% over 25 years can amount to hundreds of thousands of dollars. To quote Vanguard founder John Bogle, “In investing, you get what you don’t pay for.”
Is it time to revisit the cost-value of your relationship with your financial advisor?
Guy’s experience in the business planning and estate planning field is extensive. He has completed over 20 estate plans for families with a net worth in excess of $25,000,000 in the last 5 years working with nationally known estate planning attorneys…