"We invest your money the same way we invest our own money."
It has been our experience that investment success is more likely achieved with clearly defined investment principles - these principles define our investment philosophy.
Modern Portfolio Theory
We structure and manage globally diversified portfolios using the principles of Modern Portfolio Theory (“MPT”). MPT is an investment methodology that suggests that investors may benefit from having a portfolio of holdings invested in a variety of asset classes. To the extent that these asset classes are non-correlated, the portfolio will experience investment returns with mitigated risk. Rather than looking at the risk of an individual security, we examine the risk of your portfolio as a whole.
“Diversification is about the closest thing to a free lunch in capital markets, so you may as well get a huge helping of it.” Ken French, Dimensional Fund Advisors
Academic research has provided evidence that an investor's asset allocation, the selection of asset classes and the portfolio percentage allocation to each, is the single most important element in a portfolio strategy. Asset allocation accounts for over 90% of a portfolio's performance.
We offer a selection of model portfolios that provide a range of asset allocations, equity and fixed income exposure levels. We recommend for you the model determined to be the most appropriate and consistent with that of your personal goals, objectives, time horizon and risk tolerance.
Our Philosophy Includes:
1. Knowing and heeding the insights available from those who have advanced degrees.
2. Structuring your portfolio so that you're investing with rather than against the market and its expected returns; building and maintaining low-cost, globally diversified portfolios that reflect your personal goals and risk tolerances.
3. Avoiding your own most dangerous behaviors - ingrained through eons of evolution that tempt you to make the worst financial decisions at all the wrong times.
David Wealth Management charges a single fee for its advisory services, which includes both financial planning and investment management services. The fee is charged annually, billed quarterly, and is based on a percentage of assets under management.
|$0 - $500,000||1.25 %|
|$2 M – $5 M||.75%|
**Fee schedules may be altered based on client needs **