Step 3: Portfolio Construction
With the right asset allocation and goal plan in hand, we choose money managers to fit your specific goals and risk tolerance. Rather than chase last quarter’s hot manager, we look for managers that have performed consistently over time.
Managed accounts may not always be the best solution for every asset class; at times, exchange traded funds are a wise choice. When this is the case, we may use an ETF portfolio. For the fixed income portion of your portfolio, we may build a bond ladder, a portfolio of individual bonds of different maturities, rather than use a money manager.
Step 4: Presentation
Once the plan is defined, we present it to you, adjust it if necessary and obtain your approval to implement it.
Step 5: Monitoring
Perhaps the most important phase occurs after your plan is implemented. Our target zone is between the 75% and 90% probability of success. Each month, your account values are plotted to see if you are still within the target zone. Envision software allows us to view the progress of your plans so we can make adjustments as needed. We review your progress quarterly with you, and the tracking screen is made available for you to view online, anytime.
Get Started With an Envision Consultation. Envision consultations are complimentary to prospective investors with $500,000 or more to invest.
EnvisionSM is a licensed product of Wells Fargo & Company.