We realize we are not the right fit for everyone. The advisor-client relationship depends on mutual respect with a foundation of quantified and measurable goals.

Planning

Starting with an End in Mind

What is the rate of return you need to achieve so that you will not run out of money?

It’s a simple question. And it’s crucial. But most can’t answer it. It is only after you determine the rate of return needed that you can even begin to structure an investment portfolio.

At Joule Financial, we work tirelessly from the very beginning of our relationship so that we can develop a financial plan designed to help meet your goals.

Step 1
LIFE Plan Questionnaire

Our process begins by completing our LIFE plan questionnaire. This confidential, fact-finding document helps us to analyze your current balance sheet, liquidity position, cash flow needs, future tax liabilities and retirement income needs. Once completed, we use the data to complete a drafted multi-page, hard cover, bound plan that we walk through with you.

Download our LIFE questionnaire here to get started.

Step 2
Plan Presentation

We take the plan presentation seriously. We show you precisely how your financial plan looks and what it says in plain English. Our primary objective is to evaluate the goals and timing, providing suggestions along the way.

Step 3
Recommendations & Implementation

Does our plan correspond with your initial goals? Often we find that an individual’s life goals to not correlate with their current investment allocation, savings rate or overall balance sheet. These can be tough conversations. But we want to show you the unbiased truth.

Step 4
Ongoing Plan Revision

A true financial plan is not stagnant but rather a living breathing document, adjusted and adapted when your life changes. We revise financial plans on an as-needed basis. Typically, prior to retirement these plans can be updated every two years. We reevaluate a few months before retirement and then immediately after. Upon retirement, we review your financial plan on an annual basis to make sure you’re comfortable with all the current objectives and strategies.

Step 5
Communication & Education

Our best client is informed about their goals and strategies to achieve them. We reach out to our clients at minimum each quarter to simply touch base and see how you are doing. We combine this with periodic newsletters and client correspondence to keep you informed about your portfolio’s development and economic trends at-large.

Investments

Classic Investment for Today’s Money

The market can be irrational and volatile. Long-term investment strategies rely on analysis and corporate valuation, but they often cannot take two fundamental factors into account: fear and greed.

We are not afraid of the word sell. We often use cash as a way to hedge against market volatility or potential market losses. Our management style is active, flexible and hands-on. We seek to capitalize on the market’s irrationality.

We scan thousands of stocks to understand was is happening under the market’s surface. Once we determine key individual stocks or sectors, we look for themes to benefit our investment in a broader market move. Then, we trade in a manner seeking to ensure diversification and liquidity.

Five Building Blocks of Investment

We follow fundamental investment strategies built on five key tenets.

1. Risk Tolerance

Everyone’s risk tolerance is different, and that tolerance dictates the course of their investment strategy.

The markets work in cycles, punctuated by significant and unexpected corrections. How much your portfolio participates in those cycles depends in large part on your risk tolerance. At Joule Financial, we strive to assist you in achieving your financial goals by looking to align your allocation with both your needs and your temperament.

Aggressive
Moderately Aggressive
Balanced
Conservative
Stable Value

2. Asset Allocation

One of the most basic, yet ignored, principals of successful investing is properly allocating investments among different asset classes. Asset allocation is commonly mistaken with diversification – but the two are quite different.

Asset allocation is the blend between fixed asset classes (e.g. bonds) and variable asset classes (e.g. stocks and real estate).

The categories of asset allocations are as follows:

Aggressive
Moderately Aggressive
Balanced
Moderately Conservative
Conservative

3. Diversification

With proper diversification or exposure to multiple asset classes, individuals can not only potentially improve results, but they may also reduce portfolio volatility.

At Joule Financial, we implement a rigorous process in selecting variable asset classes and determining the what we believe is a prudent exposure to each. This allocation is called the Joule Financial All Equity Allocation, and is diversified among variable asset classes like large and small capitalized domestic companies, international and emerging markets, as well as potential exposure to specific areas like biotechnology or utility companies.

The following is an example of a diversified, equity allocation model.

Once the Joule Financial All Equity Allocation is determined, it’s implemented in direct correlation to your agreed asset allocation level, informed by your risk tolerance.

4. Rebalancing

Over time, the asset allocation and diversification of the portfolio will change. At different times, different asset classes will outperform others, so we believe it is important for a portfolio to be rebalanced in order to achieve the desired allocation.

Typically, on an annual basis, or more frequently if needed, Joule Financial rebalances each portfolio by calculating the current allocation and adjusting the exposure accordingly.

5. Time

Entering into a relationship with an investment advisor should not be taken lightly, and the success of an investment strategy can only be determined after navigating a series of financial market cycles. Immediate success is not always the case. Prudent and disciplined investors can, however, significantly improve results if they remain patient and diligent.

Unfortunately, most advisors don’t have a proper plan in place. While the development of such a plan is crucial, allowing adequate time for this plan to work is also important.

Joule Financial builds solid business relationships with long-term commitment – despite the market’s volatility.