About Us:
Wealth Innovations, LLC is an independent, fee-based financial advisory firm. Our independence allows us to represent the whole universe of investment and insurance products. We diligently adhere to the fiduciary standard and have done so since our inception. This means that legally we must disclose conflicts of interest and are required to make recommendations that are in the best interest of our clients. We aren’t incentivized to offer one solution over another as is often the case in many big brand-name firms. Our personalized service model and state-of-the-art technology keep our clients informed and up-to-date with their finances and investments.
In today’s day and age, the biggest hurdle to the successful implementation of sound financial strategies is the “typical advisor.” We believe that too many stick to cookie-cutter, old-fashioned investment techniques that were created decades ago which focus on the underlying investment product first and the planning needs of the client second. This to us is like putting the cart before the horse. Our mantra is goals without a plan on how to achieve them are really wishes.
Please click on the tabs below to explore our key principles:
Investment Philosophy
We believe that the market’s performance over the long run will be positive but in short periods of time can produce a variety of outcomes. In light of this belief, we believe that the best way to achieve consistency of results is to utilize a dynamic asset allocation strategy that is centered around diversifying portfolios not only by investment type but investment strategy. We also believe it’s important to utilize portfolio designs that emphasize cost efficiency. A dollar saved is the same as a dollar gained. Many of our portfolio designs contain ETFs and individual securities. The advantage is the flexibility that is gained along with the cost savings for our clients.
Investment Vehicles
It’s important to utilize portfolio designs that emphasize cost efficiency. A dollar saved is the same as a dollar gained. To this end, many of our portfolio designs contain ETFs and individual securities. The advantage of these exposure vehicles is increased flexibility and potential cost savings for our clients. A variety of research studies have demonstrated that one of the most important determinants of portfolio performance is asset allocation decisions as compared with fund decisions. In our opinion, this means an optimal portfolio should utilize cost-efficient investment funds that provide the asset-class exposure we are looking to achieve.
Client Service Model
Depending on the complexities of our client’s financial situation, we meet anywhere from 2-4 times a year. During these meetings, we cover a wide array of topics including portfolio performance, our economic and market outlook, income topics, estate planning, etc. As trusted advisors, we wear many hats ranging from investment consultants to financial planners. One of them is a behavioral coach. Part of successful financial advising is helping our clients stay invested consistent with their long-term objectives thereby not allowing short-term volatility concerns to override a proper investment strategy.