Kennedy Investment Counsel is a fully independent Registered Investment Advisory (RIA) firm.  We focus exclusively on taxable investors such as you, and your foundations or charities.  Drawing from a forty-year Trust company career, we build and maintain your investment posture from a fiduciary perspective. Thorough and balanced analysis of any investment is what you can expect. As you peruse this site, you will get a sense of how we operate.  You are key to the process and the reason why we chose the word “Counsel” in our name.

Why Kennedy Investment Counsel?

The key understanding is that as a taxable investor, you cannot do as well as implied by the “institutional” style advice that is prevalent in our industry. Institutional investors do not pay taxes on transactions and generally pay far lower fees. By industry convention, all investment returns, portfolio change “hypotheticals” or activities such as rebalancing do not show the cost of resulting taxes. These reduce your actual (cash) return and cause a very real reduction of compounding over time.

As a taxable investor, you have three primary tactics: defer the realization of gains, tilt income toward dividend generation, and keep fees low. These place a large premium on the initial purchase decision and the intention of owning the asset for a very long period of time.  Still waters run deep, as the expression goes.

The advice industry strives to migrate your financial assets into a formulaic portfolio.  That is fine if it is the correct answer, but the odds are it is not.  Reasons why are discussed elsewhere on this site.  For now, we will simply point out that we build investment portfolios specific to your circumstances as we do for each and every one of our clients.

We understand that managing your wealth requires additional disciplines such as insurance, tax, and estate planning. We do not have expertise in these fields nor do we pretend to. Indeed, we have known very few individuals over time that “wear two hats” and do it well. You likely have existing relationships that you trust, and we coordinate with those individuals.

Ultimately, the point is to contribute to your prosperity and achieve your goals.