ACCOUNTABLE WEALTH MANAGEMENT
When my son or daughter fell off their bikes as children, I wiped off the blood, dirt, and tears. Then I encouraged them to get back on the seat and keep peddling. 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 may occur, but we can be there for you with salve and encouragement when the inevitable falls occur.
The support and confidence we provide comes from over two decades of financial services 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 already competitive 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 financial adviser, we should get acquainted.
-Jeff Weeks, CFP®
Founder & Principal
ATX Portfolio Advisors
As Featured On:
Is ATX Portfolio Advisors right for you?
Does planning and managing your finances 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 adviser to put your interests first?
If you answered yes to any of the questions above, see below for "Why ATX Portfolio Advisors?"
Accountable Update Articles
- Nov 18, 2016 Need Advice? Be Careful Who You Ask Nov 18, 2016
- Aug 12, 2016 A Picture is Worth Thousands ($) Aug 12, 2016
- May 6, 2016 Issue Brief - What Is Fiduciary Advice? May 6, 2016
- Oct 23, 2015 Which Hat Are You Wearing? Oct 23, 2015
- Jun 5, 2015 Guest Article - The Seven Roles of an Advisor Jun 5, 2015
- Feb 27, 2015 Improve YOUR Yield: Be Prudent Feb 27, 2015
- Dec 16, 2016 Have We Seen This Movie? Dec 16, 2016
- Sep 2, 2016 Negative Real Returns Sep 2, 2016
- Mar 4, 2016 "Issue Briefs" on Diversification and Yields Mar 4, 2016
- Dec 18, 2015 Staying Out of Trouble Dec 18, 2015
- May 15, 2015 How to Treat a Taper Tantrum May 15, 2015
- Mar 20, 2015 WARNINGS: Ignore at your own risk Mar 20, 2015
- Feb 14, 2015 Heard Any Good Bond Jokes Lately? Feb 14, 2015
- Dec 4, 2015 It’s Not Just Holiday Season Dec 4, 2015
- College Planning
- Estate Planning
- Index Funds
- International Investing
- Dec 9, 2016 Do Faster Horses Make More Money? Dec 9, 2016
- Oct 21, 2016 The Death of Stock Pickers? Oct 21, 2016
- Jul 29, 2016 Hard Work, Optimism, and Good Cheer Jul 29, 2016
- May 13, 2016 Flingin' it - 5/13/16 May 13, 2016
- Mar 18, 2016 ACTION REQUIRED! Sustainable Accountability Mar 18, 2016
- Nov 13, 2015 Investing In The Jimmy's and Joe's Nov 13, 2015
- Oct 2, 2015 Finance Is Not a Sport Oct 2, 2015
- Aug 6, 2015 Free Food, Expensive Indigestion Aug 6, 2015
- Dec 23, 2016 Merry Christmas! Dec 23, 2016
- Sep 30, 2016 Jump or Ease In? Lump Sum Versus Dollar Cost Averaging Sep 30, 2016
- Feb 19, 2016 4 Letters Worth Repeating, T-I-M-E Feb 19, 2016
- Sep 4, 2015 Time? Have Patience Sep 4, 2015
- Jul 31, 2015 Can You Predict a Good Time to Buy and Sell Stocks? Jul 31, 2015
- Jan 13, 2017 A Look Back at 2016 Jan 13, 2017
- Jan 6, 2017 Q4 2016 Market Review Jan 6, 2017
- Oct 7, 2016 Q3 2016 Market Review Oct 7, 2016
- Jul 8, 2016 Q2 2016 Market Review Jul 8, 2016
- Apr 8, 2016 Q1 2016 Market Review Apr 8, 2016
- Jan 22, 2016 A Look Back at 2015 Jan 22, 2016
- Jan 8, 2016 Q4 2015 Market Review Jan 8, 2016
- Oct 9, 2015 Q3 2015 Market Review Oct 9, 2015
- Jul 10, 2015 Q2 2015 Market Review Jul 10, 2015
- Apr 17, 2015 Q1 2015 Market Review Apr 17, 2015
- Jan 19, 2015 2014 Review: Economy & Markets Jan 19, 2015
- May 27, 2016 Memorial Day, Take a Minute May 27, 2016
- Nov 11, 2016 Service Before Selfie, More Idiotic Advice, and a Wish Nov 11, 2016
- Jun 17, 2016 Business Owners: Time to Cash Out? There's a Plan for That Jun 17, 2016
- Apr 15, 2016 Allergies and April 18 Apr 15, 2016
- Jan 29, 2016 5 Ideas for a More Prosperous “Retirement Season” Jan 29, 2016
- Sep 11, 2015 Hey Ladies, Want to Dance? Sep 11, 2015
- Apr 3, 2015 Fish Excuses Apr 3, 2015
- Mar 6, 2015 Give $1,500,000 Without Losing An Arm Or Leg Mar 6, 2015
- Dec 2, 2016 Tax Moves and Predictions About 2017 Dec 2, 2016
- Mar 11, 2016 Play Ball! Ace the Tax Test (and others too) Mar 11, 2016
- Feb 12, 2016 Obama's Budget - Indecent Proposals or Glimpse of the Future? Feb 12, 2016
- Sep 18, 2015 Tax Tales and 6 Tips for Not Getting Bit Sep 18, 2015
- Jan 20, 2017 3 Ideas for Getting in (Fiscal) Shape in 2017 Jan 20, 2017
- Oct 28, 2016 5 Year End Ideas That Aren't Idiotic Oct 28, 2016
- Sep 23, 2016 3 Lessons from Being Self-Employed Sep 23, 2016
- Sep 16, 2016 Finance Question From the Campfire: Do Lifetime Hunting & Fishing Licenses Make Sense? Sep 16, 2016
- Aug 26, 2016 5 Bad Investment Ideas Aug 26, 2016
- Jun 24, 2016 A Loose Plan for the Summer Jun 24, 2016
- Feb 26, 2016 The Accountable Super Tuesday Platform for Saving America (and some money) Feb 26, 2016
- Jan 15, 2016 3 New Year's Resolution Mistakes Jan 15, 2016
- Dec 11, 2015 3 Rules to "Rig the Game" Dec 11, 2015
- Nov 27, 2015 5 Year End "To Do's" Nov 27, 2015
- Oct 16, 2015 Guest Article - Unhealthy Attachments Oct 16, 2015
- May 29, 2015 5 “Weird” Money Tips for the Class of 2015 May 29, 2015
- May 8, 2015 3 Rules for a Windfall May 8, 2015
- May 1, 2015 How to Fill a Hole in the Water - Rent a Boat May 1, 2015
- Apr 10, 2015 10 Steps to a Better Investment Experience Apr 10, 2015
- Feb 21, 2015 TIRED of Pumping Gas? Feb 21, 2015
- Jun 3, 2016 Bored? Keep your head up! Jun 3, 2016
- Feb 5, 2016 "Issue Briefs" on Volatility, Oil, and China Feb 5, 2016
- Sep 25, 2015 Time to "Do Something"? Sep 25, 2015
- Sep 23, 2015 The Patience Principle Sep 23, 2015
- Sep 22, 2015 Should Investors Sell After a "Correction"? Sep 22, 2015
- Aug 25, 2015 Now What? After The Storm Aug 25, 2015
- Jan 12, 2015 Living with Volatility, Again Jan 12, 2015
Why ATX Portfolio Advisors?
As an Austin based independent registered investment adviser, 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.
PLAN FOR SUCCESS
We believe that the first step to successful investing is to have a financial plan. We utilize MoneyGuidePro® financial planning software to help understand your goals, the resources committed for those purposes, your capacity and tolerance for taking risk, and any other preferences you may express. We work with you to develop a plan that incorporates that information and then we test the chances of your plan succeeding based upon probability analysis. Finally, we use the plan as the foundation for how we manage your portfolio.
Many advisers charge a separate fee for financial planning. We feel it is our responsibility to understand your destination and route before we begin our journey together and include the planning as part of our advisory relationship.
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 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 Pricing.
EXPERIENCED ASSET MANAGEMENT
Our portfolios are managed to emphasize factors that can lead to better performance 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 add predictability to your portfolio versus the perpetual duration risk of bond funds. Laddering also allows us to purchase longer maturity (typically higher yielding) bonds when shorter bond rungs come due.
In taxable accounts, we seek to harvest losses (or gains in some situations) to increase after tax returns. Some of our competitors have done research showing up to 1+% more after-tax return from portfolios that regularly perform this practice.[vii][viii] We think that may be somewhat optimistic, but we still believe it's worthwhile and will employ the practice in taxable portfolios.
[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