As it applies to you…three facts are immediate:

• You are a taxable investor
• Your lifestyle is the primary risk to be hedged
• What you can, or need to be doing is specific to your circumstances and balance sheet

The facts above reflect your reality. The conversations you will have with me are going be different because these are the structure. Such as…

Point #1 above is a key failing in my industry and to your detriment.  You may well have the sense that the dollar value of your investments has not matched the rise of the broad markets - despite all the reasonable comparisons against chosen benchmarks. Your sense is absolutely correct. Taxes, fees and their negative effect on compounding are not included in those benchmark comparisons. Over time, these matter a great deal…but nothing is said or done about that, and you are left to your perceptions.

There is much from the “advice” business that is provably false.  An easy example is the routine of determining what “kind” of investor you are and then presenting you with a (constantly changing) “optimal” portfolio. Pure nonsense. Knowing you and your “risk tolerance” is essential, of course.  But how you should be invested is determined by where you want to go and hedging your lifestyle along the way. 

There’s much more but the point here is we need to talk.

Kennedy Investment Counsel (KIC) is designed for you as a taxable investor and to manage your liquid, publicly traded assets: owned, not traded. Those should be the primary investment supporting your path toward financial independence.  If that also involves coordinating with your business or other substantial assets, the ongoing review of their economic characteristics and specific risks is a very beneficial exercise in this changing world.

Consider my resume under the Philosophy tab. Each role is what you need.  Note that both required ongoing research and a solid grounding in investment fundamentals.  And, doing so as a fiduciary:  working in a trust company means being legally responsible for client assets. Yes, KIC is a Registered Investment Advisor and not a trust company, but fiduciary is what I know….and the mindset you are looking for.

Is one person or even one company sufficient to provide the necessary research you need? Nope. Think about it: if you are with one firm, you get the view of that one economist and that one Chief Investment Strategist. What if they are wrong? Your current advisor is only delivering that message.

At KIC, analysis is gathered from many different firms to guide your investments. It’s all about the network of expertise developed on any particular issue. Since the get go, I have only known a networked way of research - what a broad selection of research firms are saying and then select the solid reasoning. That goes for the economy, investment markets broadly, specific stock selection, you name it.

I look forward to meeting you. Call me at (248) 561-4597.