In our view, a solid financial future is built on the intelligent execution and integration of:
- Financial Planning
- Asset Management
- Tax Planning
- Estate Planning
Individuals seeking coherent and coordinated solutions for their financial lives are often left to self-navigate through a bewildering landscape of brokers, accountants, attorneys, insurance and annuity salespeople and employer-sponsored retirement plans. Oftentimes, this leads to feeling overwhelmed and discouraged.
Few financial services firms have the structure and breadth of expertise to provide their clients with holistic solutions—Lighthouse Wealth Management prides itself on being one of them. As a fee-only firm, we honor our responsibility to always act in our clients’ best interests. We do not receive any form of commissions and we do not sell annuities, life insurance or other similar products.
Our Investment Process
Our goal is to help maximize our clients’ after-tax, risk-adjusted returns at the portfolio level. We build portfolios that are customized for each of our clients, based on risk exposures with which they are comfortable.
Our primary focus in portfolio construction is asset allocation and sector weighting, using both public and private investments. We believe those factors (U.S. vs. overseas, stocks vs. bonds, technology vs. energy, etc.) drive returns more than manager or fund selection.
We tend to prefer passive strategies, given their greater tax efficiency and lower fees relative to the majority of their actively managed peers. However, Lighthouse Wealth Management employs active managers for select investment mandates where we look to use managers who have outperformed their benchmarks over long time horizons.
For certain clients, we encourage the use of separately managed accounts which enable greater portfolio customization (e.g., socially responsible mandates) and maximum tax-loss harvesting.