Client-Driven Portfolio Management
At Wiggin Financial Services, it’s all about you. When we meet for the first time — whether in person or by phone — we’ll discuss your financial needs, risk tolerance, and long-term goals.
- Are you comfortable with slow, steady growth, or are you interested in more aggressive investing?
- Do you have a life plan?
- How do your attitudes about money affect your decisions?
- What are your dreams?
- Do you have college-bound children?
- When would you like to retire?
Answers to these and other questions reveal your Investment Profile, which we then use to formulate our investment strategies.
Within individual client portfolios, we buy and sell stocks, bonds, ETFs and other funds in a tax-efficient manner and by minimizing transaction costs. We monitor the proportion of the total portfolio invested in broad asset classes (e.g., stocks, bonds, real estate, commodities and other alternative investments) based on developments in the macroeconomic environment, and take a value approach to individual trades. And every quarter we rebalance your portfolio, if necessary, to accommodate market changes and your financial goals. All the decisions we make take into account your individual investment profile.
Financial Life Planning and Legacy Planning
Financial Life Planning provides a process and structure that helps clients peel back old attitudes and recognize behaviors that stop them from living the life that most matters to them. Individuals use their wealth to support their life, not the other way around. This process is rooted in Behavioral Finance, blending psychology and economics.
Legacy Planning is financial planning that goes beyond your personal planning, allowing you to express your financial life in relation to your family, your community, and the world.
At Wiggin Financial Services, we create strategies for financial and legacy planning clients. We begin by asking clients to complete a Money Max personality questionnaire. We then use the Financial Life Planning method to help clients define immediate, meaningful and satisfying goals. This beginning process helps clients understand their preconceived attitudes about money and wealth, and how they affect their decisions. Clients then fill out a comprehensive factfinder. At Wiggin Financial Services, we take the “know your client rule” seriously.