Accountants can be valuable members of your financial team, but wealthy investors often get frustrated by their accountants or don’t use them to their full potential. This post offers some ideas about how to work with your accountants so they can become more valuable to your financial life. Accountants are Busy The first thing to keep in mind when talking about how...
Rebalancing is the process of realigning the weightings of a portfolio of assets. Rebalancing involves periodically buying or selling assets in a portfolio to maintain an original or desired level of asset allocation or risk. This post will describe some methods to rebalance your portfolio, and consider alternative ways to think about the concept. Rebalancing Your Investment Policy Conventional financial wisdom says that investors should identify their values,...
There are many different rules that govern how private foundations can invest their funds. This post describes some of the basic principles that might guide a foundation’s investment strategy. Steward the Endowment One of the main reasons to create a private foundation is to hold an endowment that may grow and earn income to fund charitable gifts. The income earned from the...
This post will illustrate an example of how an investor re-positioned their portfolio to reflect their ESG values.
