Process
RWM Wealth Management was formed with a vision of four key elements with which to service their clients:
- Provide a formal, transparent income retirement plan, addressing the three-big risk in retirement; timing, inflation and longevity.
- Provide an effective, intellectually sound investment strategy aligned with the client’s long-term financial objectives and personal tolerance for risk.
- Remain objective in our dealings between the client and advisor.
- Employ a low annual fixed fee for account management.
A strong planning process is the best way to create a strong, flexible financial plan.
A transparent, effective planning process is based on two key aspects of financial planning: protection and access to funds when needed. A plan must ensure liquidity to allow its owner to access funds when needed. It must also consider key stages of life. This can include preparing for events such as retirement, death and long-term care.
The Income for Life Model®, is a Personalized Analysis that outlines a process for investing your savings with the objective of creating lifetime, inflation-adjusted income. The Model may help you manage certain financial risks that can potentially devastate one’s retirement plan. These include Timing Risk, picking a bad year to retire - like 2000 or 2008, just when stock prices are poised to fall. Inflation Risk, the risk that rising prices could threaten your standard of living in the future. And, finally, the risk of outliving your savings. That’s called Longevity Risk. It’s the potentially adverse economic consequence of a long life. A plan for creating retirement income should try to anticipate “big” risks and mitigate them to the extent possible. This may be the best we can do as we look forward to retirements that could last many years longer than we expect.
Through our affiliation with the Atlanta base planning consortium, Integrated Financial Group, we can leverage the keen insights and academia from Dimensional Fund Advisors*, providing access to investment strategies that are rooted in academic research. This extensive body of research has been tested by leading academics and portfolio theorist. The result is an intelligent approach to managing risk that leads to the confidence and clarity you seek in the pursuit of your investment goals.
Integrated Financial Group* custom designs each portfolio, within their New Dimensions Platform, to match the needs of the families we work with. Portfolios are usually tilted towards value and small cap stocks and globally diversified. Maturity laddered bond portfolios with municipal, government, and corporate bonds are sometimes employed for portfolio balance. After an individual investment allocation plan has been constructed, and agreed upon by our clients, we implement it, rebalancing as warranted. We review all portfolios every 90 days. We make changes only if your allocations have shifted significantly or your financial circumstances have changed. Additional information about DFA and Integrated Financial Group can be found on the home page of our website. We think that the combination of the Income for Life Retirement Income Plan, Integrated Financials New Dimensions Platform and RWM Wealth Management's* low fees result in the ideal investment management tool.
* Dimensional Fund Advisors is a separate entity from LPL Financial
* IFG Advisory and RWM Wealth Management are separate entities from LPL Financial
