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.