Wealth management is a topic we view differently from others. The traditional approach of asking prospective clients 8-10 questions about their risk preferences and their ages, then using those data to allocate their portfolio is not viable. Assets should be managed according to the time they are spent. We also believe in risk-taking. This means management. We take the role of fiduciary as a registered investment advisor firm very seriously. This means that we take our role as fiduciaries very seriously. We will always work in the client's best interests. That is why we feel mitigating risk is essential for properly managing wealth. David Bach, author and TV personality is well-known for his belief in this principle. Financial plans are still built on a model from over fifty years ago. It was based on the idea that portfolios made up of 40% stocks and 60% bonds would provide greater risk-adjusted returns over the long term than portfolios of only stocks or bonds. This approach is not an ideal one for the future. It has worked well over time, but we doubt it will continue to work. Portfolio construction should not be limited to stocks and bonds. We recommend following the advice of some of the best academic institutions around the globe, who are among the most knowledgeable investors in the world. It is known as the Endowment Model. This philosophy recognizes that true portfolio diversification can only be achieved when multiple asset classes are used to construct and manage client portfolios.