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Is ATX Portfolio Advisors® right for you?
Does managing your wealth take too much time?
Is managing your investments a chore?
Do you base investment decisions on tips or hunches?
Is financial planning confusing or overwhelming?
Do you tend to buy high and sell low?
Do you want your advisor to put your interests first?
If you answered yes to any of the questions above, see below for "Why ATX Portfolio Advisors®?"
ACCOUNTABLE WEALTH MANAGEMENT
Fee-Only (WHEN YOU'RE UP)
When my son or daughter fell off their bikes as children, I would comfort them and wipe off the blood, dirt, and tears. Then I encouraged them to get back on the seat and keep pedaling. Why should investing be any different? We can't predict when the next fall is going to happen in the markets any more so than when the next wipe-out in the driveway may occur, but we can be there for you with salve and encouragement when the next tumble occurs.
The support and confidence we provide comes from over two decades of financial planning and wealth management experience, an evidence based investing approach based on research from leading academics, and putting your success ahead of our profits. When downturns occur, we want you to know that we're all in this together. That is why we waive our advisory fee anytime your account value falls below (net withdrawals, deposits, and fees) the previous month end amount.
That's Accountable Wealth Management. If you are looking for more accountability from your investment advisor, we should get acquainted.
-Jeff Weeks, CFP®
Founder & Principal
ATX Portfolio Advisors ®
Why ATX Portfolio Advisors®?
As an Austin based independent registered investment advisor, ATX Portfolio Advisors® is beholden only to you, our client. We have no obligation to sell any product or service. We operate under a fiduciary standard of care to our clients. The result is that your interests always come first, even before our own.
We believe that the first step to successful investing is to have a financial plan. Financial planning is included in our Accountable Wealth Management offering. We use state of the art psychometric tests and planning tools to access your risk tolerance and to help you in any of the following areas:
- Financial statement preparation and analysis
- Insurance planning and risk management
- Employee benefits planning
- Investment planning
- Income tax planning
- Retirement planning
- Estate planning
We also offer financial planning as a stand-alone retainer based service for clients that may not have a need or desire for ongoing portfolio management.
At ATX Portfolio Advisors®, you'll never have to wonder how we get paid or what our motivations may be. We take pride in being fully transparent about our business. You can see the composition of our Accountable Portfolios as well as our Pricing here on our website. Our accounts are held at a third party custodian, TD Ameritrade, in separate accounts that provide reporting and online access.
We are committed to your success as an investor by offering the resources and knowledge of a large firm, coupled with the personalized attention of a small company. We get to know you, your purpose, your priorities, and your preferences. We build, test, and manage financial plans to help keep you pointed in the right direction with perspective formed from decades of experience. Finally, we do all of this with low all inclusive Fee-Only (When You're Up) Pricing.
EXPERIENCED WEALTH MANAGEMENT
Our portfolios are managed to emphasize investment factors that have been shown to lead to higher returns in the long run. We invest in the broad markets but tilt towards companies based on size, relative price, and profitability.
Research by economists Eugene Fama, Kenneth French, Robert Novy-Marx, and others has shown that over the long run this evidence-based approach leads to out-performance of more traditional capitalization-weighted indices such as the S&P 500®[i][ii] in the United States, and in 19 out of 20 international countries.[iii], [iv]
ATX Portfolio Advisors currently employs Dimensional Funds Advisors as the equity manager in our Accountable Portfolios due to their strong track record of adding value over benchmarks and peers through an integrated and flexible approach that considers the interactions among premiums, market frictions, and costs. (In other words, they have a great track record and keep costs low!)
REGULAR RE-BALANCING [v]
Regular re-balancing can add up to .4% to annual returns.[vi] We monitor portfolios daily. We re-balance your account if your portfolio drifts too far from target allocations, or when a deposit or withdrawal is made. At least once per year ,we will reevaluate your purpose, risk tolerance, and preferences and re-balance accordingly.
We offer the management of individual bond ladders of high quality bonds (CD's, US Governments, > A Rated Municipals). Ladders can add predictability to your portfolio, which can be appealing when paired to your income needs. Laddering also allows for the purchase of longer maturity bonds (typically higher yielding) when shorter bond rungs come due.
We seek to maximize your after-tax returns through a variety of tax sensitive management strategies. We invest in low-turnover mutual funds that tend to limit unexpected capital gains distributions. We opt for tax free investments, such as municipal bonds, in taxable accounts and locate less tax sensitive investments, such as Real Estate Investment Trusts (REITs), in tax favored accounts when it is prudent. We also will seek to harvest taxable losses, when appropriate, to offset gains and to provide opportunities for tax deductions.
If you are at the stage of life where you are taking income from your portfolio, we will also advise you on tax-efficient withdrawal tactics such as the sources, sequence, and amounts that lead to the lowest tax consequences.
[i] Indices are unmanaged and you cannot invest directly in an index.
[ii] The Standard & Poor's 500 (S&P 500®) is an unmanaged group of securities considered to be representative of the stock market in general. It is a market value weighted index with each stock's weight in the index proportionate to its market value.
[iii] See "Value vs. Growth: The International Evidence" at http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2358 For more, see Kenneth French's website of data and working papers athttp://mba.tuck.dartmouth.edu/pages/faculty/ken.french/data_library.html
[v] Rebalancing can entail transaction costs and tax consequences that should be considered when determining a re-balancing strategy.
[vi] David Swensen, Chief Investment Officer, Yale Endowment: see his book Unconventional Success: A Fundamental Approach to Personal Investment (2005) ISBN 0-7432-2838-3, Free Press. See Table 6.4 "Rebalancing Smoothes the Market Cycles". Swensen; page 196