Financial Planning
In normal financial planning, anything is possible, but do we know what is probable? How do you know that your plan will pursue what is important to you? Do you know when to add risk or take it away, retire earlier or work longer, give away assets or keep them, take out less or spend more income in retirement? All of these questions are answered on demand in our planning process.
Our Philosophy
Owenby Jones Wealth Management's philosophy is to control what is controllable and to measure the uncertainty of that which is uncontrollable.
Fees, taxes, risk exposure and choices about your life goals are all controllable…but the markets are not. No one can predict where the markets are heading and anyone who tells you otherwise is misleading you.
In our approach, the portfolio is a means to an end, not the end in itself. It is the means to help work towards your dreams, a means of instilling confidence, and most importantly, a mechanism to make sure that the expectations set will not result in disappointment.
The premise behind designing a recommendation is to make the most of each client’s life while avoiding needless risk. This does not just mean using a portfolio allocation that takes less risk than the investor’s maximum tolerance for risk, but also means not subjecting an investor to potentially materially underperforming the allocation that was modeled.
Furthermore, investing with Owenby Jones Wealth Management involves on-going monitoring to ensure that the client’s life goals are always connected to their investments. We evaluate the allocation across each client’s household of accounts daily and rebalance back to target allocation whenever necessary to ensure that the investments remain consistent with the planning recommendation that we are modeling.
This practice of controlling what’s controllable, measuring the uncertainty of that which is not controllable, and being consistent in our modeling allows our personalized approach to strive to make a real difference in clients’ lives.
As we believe each client is unique and has unique goals and priorities, we strive to accomplish the following as we help them make the most of their lives:
Pursue goals that might otherwise be ignored
Take the least investment risk possible to work towards those goals
Avoid lifestyle sacrifice
Exceed goals with confidence
Asset allocation does not ensure a profit or protect against a loss.
Optimal Risk
Determining Optimal Risk
What is optimal level of risk? This number is the rate of return necessary on your portfolio assets to pursue your goals and objectives while maintaining resources during your anticipated lifetime. At Owenby Jones Wealth Management, your whole team will know your situation to help you address your goals and dreams.
When averages are down 10%, does it give you a hollow feeling in the pit of your stomach or keep you up at night? When you see the S&P 500 or Dow Jones Industrial average fluctuate up and down, consider how it affects your mood. Do you understand how it will truly impact your financial future along with your ability to work towards True Wealth? Empower yourself to focus on the only number that matters to you and your family: your Family Index Number.
Knowing this number will not only assist you in your quest to attain True Wealth, but it can help manage the ups and downs of the market. We want you to get to the end of your life and say, “I’m glad I did,” not “I wish I had.”