Investing approach

While every client is different, there are some themes you’ll see across our investments.

Accessible

It won’t be a mystery what you’re invested in. Too often we hear that clients from other advisors only engaged with their investments through a quarterly statement, and didn’t have an easy way to review their portfolio.

Through our primary custodian, Altruist, your funds will be held and invested on a platform that’s easy to navigate and review exactly what you’re invested in.

Managed in-house

Believe it or not, many advisors will outsource your investments to a completely separate third-party. This is called a TAMP, and you’ll be paying for it either directly or indirectly.

LKL Advisors manages all portfolios in-house in-line with our client risk profiles and goals. The portfolios you receive are made by your advisor, with you in mind.

Low-cost ETFs

For equity allocations, we believe in low-cost ETFs for their diversification and tax-efficiency. We generally prefer this over mutual funds, as mutual funds tend to have higher expense ratios. You’re already paying for an advisor, so there should be a very good reason to pay even more for a separately managed fund.

We are not “stock pickers.” We believe in the long-term value of diversified asset allocation, and prefer to create a portfolio around your existing single-stock positions as opposed to picking them ourselves.

Global exposure

Asset diversification is not just applicable to industries, but also to geographies as well. While the US is a key component of any portfolio, we also believe that a truly diversified portfolio should include assets across both mature and developing International geographies.

Tax-focused

Factors in the market can be uncontrollable; taxes, however, can be planned. Where applicable, we prioritize tax loss harvesting, direct indexing, and smart asset location across accounts to not just increase your wealth, but increase what you actually take home after taxes. Our custodian has studied the impact of tax management: here’s what they found.