Investment Approach

I tell my clients it's their money and I will help them pursue whatever style they choose. But if you ask me what is best, I typically suggest the proven power of diversification. While diversification may not bring maximum results in any given relatively short time period, in the long run it is an effective way to smooth out returns and increase return for a given level of risk over the long haul. An often-used expression is, "it's time in the market, not timing the market that works best". The stock market has been the best way to build wealth and outpace inflation and is a necessary component in investing in most situations. Every client is unique and I see it as my job to know each client's comfort with risk and find the best way to help him/her pursue his/her goals. If you look at 20-year periods of returns for different asset classes, you will see that no individual asset class has consistently stayed at or near the top. (see chart here) The Power of Diversification.

Since 2002, I have used SEI, a third party Investment manager and custodian, for many of my client accounts. As an acknowledged industry leader, SEI has developed specialized tools and services by drawing on their expertise in financial industry knowledge, leading-edge investment strategies and asset management technology.

Founded in 1968, SEI is headquartered in Oaks, Pennsylvania, with offices based around the world. For over 50 years, SEI has used the most up-to-date research to anticipate changing investor needs and create innovative solutions designed for individual and institutional investors. As of March 31, 2022, SEI manages, advises, or administers approximately $1.3 trillion in assets, managing money for large institutions such as endowment and pension funds and for individual investors like you (and me).

• SEI was ranked as one of the top U.S. Advisory Third-Party Managed Account Providers by Cerulli Associates in 2021 (2Q 2021).
• SEI ranked as a largest outsourcer based on worldwide institutional outsourced assets under management by Pensions & Investments in June 2021. We have maintained this designation since 2011.
• SEI has earned “Top Workplace” recognition from the Philadelphia Inquirer (April 2021).

As a federally chartered limited purpose savings association, SPTC segregates client assets from its own assets and holds them as custodian. Assets held in accounts at SPTC are not assets of SPTC. Therefore, SPTC creditors have no such claim to these assets.

Your investments are held in your name at SPTC. The company may not pledge, hypothecate or margin assets that it holds in custody. Because of its reputation in the banking industry, many leading banks use our trust accounting system — the very same operations platform that administers your account.

SEI has a wide variety of portfolio options across the risk spectrum that are both tax-managed for taxable accounts and non tax-managed for tax-deferred accounts. These options include mutual fund portfolios, exchange-traded fund portfolios and separately managed accounts where the investor and I can build a custom approach utilizing individual managers who focus on specific investment approaches (minimums apply). Because of my strategic alliance with SEI, my clients receive favorable pricing for many of these options.

In addition to SEI, my independent status affords me and my clients access to a wide spectrum of investment and insurance options from a broad assortment of investment and insurance companies. At no time am I told what products to use. Nor do I have any compensation arrangements which would influence decisions I make for one product over another. I act as a fiduciary, always keeping the interests of my clients in the forefront over interests of my own.