Investment Management Services

It can take a ton of time to keep up with rebalancing and reinvesting new cash, dividends, and interest on your own even if you’ve had some experience doing this in your investment accounts in the past.  Throw in a little market volatility, or a major life change and it can get overwhelming.  All the mental energy spent trying to discern helpful and hurtful news and research could be spent on your day job and your family.  If this resonates with you, think about our investment management services with integrated behavioral coaching to help keep you on track with your goals.

We use the Betterment for Advisors Platform to manage our clients assets and you will never incur transaction fees for trades in the account. You’ll be able to quickly set up accounts and transfer money as needed and you’ll have access to low-cost index exchange traded funds (ETFs) offered by providers such as Vanguard and Schwab. The platform includes access to monitoring tools, a mobile app, and services such as tax loss harvesting for non-retirement portfolios.

 

What’s our investment philosophy?

We believe in buy-and-hold, passive index investing and create portfolios that essentially match the overall market mix. Timing the market costs too much and yields too little. Diversification, asset allocation, low expense ratios, and smart tax and rebalancing strategies are critical to effective portfolio management. We believe it is these factors, not market timing, which determine market performance in the long-run (and this is backed by research).  

We don’t trade hot stock tips, and we don’t focus so much on returns.  We focus on whether your portfolio’s asset mix is appropriate for your goals.  We focus on reviewing progress toward those goals. We focus on keeping you invested with your plan even through market ups and downs.  We focus on checking in with you periodically to make sure your investment approach still matches your needs and values. And we give you access to cutting edge automation tools to make sure human choice doesn’t get in the way of making good decisions. 

It’s easy to get caught up in financial news or strategies which take you away from your broader financial goals. So we work to keep you focused and on track. We make sure our clients put their hard-earned savings to work for them in the right way, with the right types of accounts, and ensure they don’t leave money on the table.

What’s included?

 

Services provided by North Financial

  1. An investment plan for your accounts to help you understand the investment mix, strategy and how it aligns with your goals
  2. Assistance with planning when and how much to invest, and in what type of account based on your goals and needs
  3. Assistance with opening the right accounts and utilizing the correct strategies for those accounts
  4. Selection and execution of investment and retirement recommendations and asset allocations after jointly determining what’s appropriate for you
  5. Behavioral coaching to help you stick with your plan and answer questions through normal market fluctuations, upturns and downturns
  6. Meetings to review your goals, portfolio, and performance twice per year
  7. Outsource time and headache of researching and executing portfolio management

Services handled by Betterment For Advisors with review and monitoring by North Financial

  1. Access to fully diversified portfolios
  2. Access to low cost and low expense ratio investments. No transaction fees for trades
  3. Tax-efficient placement of investments
  4. Strategic tax loss harvesting
  5. Automatic rebalancing to make sure your investments stay on track
  6. Automatic reinvestment of dividends and interest so you don’t have to take time to execute transactions
  7. Access to an online app to review your investment performance and make changes, deposits and withdrawals in your accounts

What’s not included?

 

This service doesn’t include financial planning services unless more than $400,000 is managed by North Financial. Otherwise, financial planning services are charged separately. We do not execute transactions in your current employer’s retirement plan, however with financial planning services, we can provide a suggestion and asset allocation for your execute on your own.

 

Who’s this for?

 

  • Busy professionals who don’t have time to manage their investments or rebalancing strategies
  • The cost conscious who want to make sure they have access to low expense ratio funds
  • Investors who understand behavioral bias and want to avoid making human errors in investing
  • Those who want to work with a fee-only fiduciary who will act in their best interest and provide financial planning assistance as well as investment management

What’s the cost?


The fee for investment management is 1% of assets per year. This fee is paid in quarterly installments at the end of each quarter based on the average balance of the accounts managed by North Financial during that quarter.  This includes a 0.20% fee paid to Betterment for Advisors as an outside manager for access to the Betterment Platform and tools. The only other fees you’re responsible for are the expense ratios of the underlying portfolio which will be kept to a minimum with the use of low-cost funds such as those provided by Vanguard and Schwab. There are no transaction fees for making asset allocation adjustments to, or investing new money in, your accounts.

If assets managed by North Financial are more than $400,000, we include annual comprehensive financial planning as part of this fee.  If assets managed by North Financial are less than $400,000, we require you to pay for financial planning services separately.

To learn more, book a free consultation here:

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