My Policy Statement
- I am committed to provide the highest level of professional service and advice to my clients and to maintain the highest ethical standards in all activities. I will help my clients identify and solve their financial problems. I will provide a customized plan that will include specific investment instructions guided by an Investment Policy Statement that will be understood and appropriate to each client's risk tolerance.
- I will deliver this service at a fair price determined by an hourly rate. I will not accept commissions or any other third party payments. I will never lose sight of the fact that I am responsible for my client's financial well being and that the advice that I give will have a direct impact on their personal lives.
- I am committed to becoming my client's primary source of objective, honest, financial advice uncontaminated by any conflict of interest. This advice will be fee-based.
- I understand that change is the only constant in life and I will constantly prepare for and adjust to important changes in the market and in the economy. This includes understanding new products and strategies and determining their value to my clients.
- I will incorporate technological tools to increase my ability to provide service to my clients.
The Benefits of a Written Plan
- We are our own worst enemy when it comes to investing - our own human nature works against us. Rationally we know that to be successful we must buy low, sell high but emotionally we get caught up in the market's fluctuations. Without a written plan, we can easily be pushed around by our emotions fearful when the market is down (and stocks are cheap), euphoric when the market is up (and prices are high).
- A written plan forces us to anticipate what investment decisions need to be made and keeps us organized and on track with our goals. A written plan can be our reference for the strategic decisions we have made. It can also serve as a tool to better explain our strategy to a family member or fiduciary. A written plan provides discipline in managing investment decisions.
The Benefits of Asset Allocation
- Asset allocation is a diversification strategy to reduce overall risk. It eliminates the possibility that a large portion of your investment capital is concentrated in a single company or asset that experiences a disastrous decline in price. It is a technique that casts a wide net around more investments to increase your opportunities for success. My strategy includes analyzing the proper asset allocation for you so that you have a greater chance to do well regardless of how individual stocks or market segments are performing.
The Benefits of Index Funds
- Numerous studies have shown that passive asset allocation strategies using index funds can be very effective. Because index funds only seek to mirror the performance of a market index the costs of running the fund are considerably lower than actively managed funds. The expenses saved on management fees, sales charges and transactions costs translate into a higher return. Indexing automatically provides broad diversification and eliminates the need for constant monitoring and frequent decision making.
The Benefits of Fee-Only Advice
- I am a member of The Garrett Planning Network, Inc. and we are unique in that we offer our services on a Fee-Only hourly-as-needed basis. No commissions. No long-term contracts. No hidden or unnecessary fees. No account minimums. We offer independent, objective advice.
- I am compensated in direct proportion to the work that I do no more, no less. Since I do not receive compensation or considerations from any other source, my clients know exactly what they are paying and what they get in return. I work solely for my clients and my client's best interests.
Contact Kent today to schedule your complimentary, no-obligation Get Acquainted Meeting.