Wealth Management

Information
The starting point is information to provide the best service for you, the client. I look for the following: personal and financial information, goals and objectives, risk tolerance, and time horizons to best serve the Stow Wealth Management, Acton Wealth Management, Concord Wealth Management, and Sudbury Wealth Management areas.
   
Asset Allocation Models
There are five asset allocation models which might fit a client’s needs: aggressive growth, growth, moderate allocation, conservative allocation, and income. After analysis, discussion, and mutual agreement as to which model fits, the client’s funds are invested in that model in a time frame during which long-term market conditions appear to be favorable.

Building the Asset Models
At C.A.R.E. we have access to the Morningstar database of highly qualified mutual fund managers across a variety of asset classes from which we carefully screen to find the best-in-class mutual fund managers who have the highest Morningstar rating, have outperformed their peers (Alpha) plus their benchmarks, and have high returns per unit of risk (Sharpe ratio). Typically, these managers have tenure in excess of five years, many over ten years, and have managed well through bear markets.

We use individual stocks of companies that have significant, sustainable competitive advantage(s) and world-class franchises whenever there is a intrinsic value advantage and margin of safety.

We have multiple sources for research information and independent analysis. We do some due diligence on individual securities and perform discounted cash flow valuations when deemed necessary to determine intrinsic advantage and margin of safety.

We use Exchange-Traded Funds for certain asset classes and when it is to our advantage, particularly for short hedging positions, which have been effective during market downturns.

Timing and Technical Analysis Subscription Services
We use several technical analysis and timing services which have been and we hope continue to be of tremendous help in managing client portfolios.

Investment Policy Statements
Every client is provided with an investment policy statement which sets forth the responsibilities of the client and C.A.R.E. and the asset allocation model chosen by the client.

Performance
We regret that we are unable to provide performance statistics on our website. The state of Massachusetts interprets performance data posted on a website to be advertising. Performance data is made available during meetings with clients and potential clients for Stow Wealth Management, Concord Wealth Management, Acton Wealth Management, and Sudbury Wealth Management financial services.

Monitoring
C.A.R.E. does not to take possession or custody of cash, checks or securities, except as necessary to transfer them to the brokerage firm custodian. All transactions take place through the custodian and all monthly statements and transactions advices are sent from the custodian directly to the client. C.A.R.E. provides quarterly performance reports and also emails periodic market updates, generally on a weekly basis. We receive notification of changes of managers. We review each account at least once a week. We attempt to keep abreast of news affecting portfolios specifically and the market in general.