Where Smart Money Goes.®
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Where Smart Money Goes.® |
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Service Provided
New Clients
Karmikel Investments is committed to assisting our clients in meeting their retirement and other long-term financial goals. As an incoming client you will receive a complete and comprehensive review of your entire financial estate. Working together we will accurately define and document your complete financial profile. Then we will create a detailed, personalized financial model that will assist us in projecting your future estate balance, performing what-if analysis, conducting alternative plan comparisons using various metrics, and selecting an asset allocation plan that will help you to reach your financial goals.
We begin by identifying all of your financial assets including your current income, investment portfolio balance, businesses owned, real estate holdings, collectibles, etc. Second, we identify and include all your estates future long-term goals and contributions into your financial model. Finally we set all the other factors that will affect your estate and your ability to reach your goals. These factors include your time to retirement, your time in retirement, plan fees, taxation, and inflation. Once a complete picture has been developed we can project and analyze your future financial conditions.
Using customized software we will examine your existing portfolio and several alternative portfolios using Modern Portfolio Theory and return simulation to determine the portfolios efficiency and statistical probability of achieving your long-term financial goals. The probability is achieved by running thousands of portfolio return simulations over your financial time horizon to formulate statistical probabilities of likely outcomes. Then we will perform what-if analysis on all portfolios to explore the impact that various financial decision would have on the probability of reaching your financial goals. For instance, we perform what-if analysis on how changes in your annual contributions, years to retirement, annual retirement withdrawals, and different inflation rates affect your probability of achieving you financial goals.
The results of analysis will be presented to you in a detailed report that clearly compares these portfolios with a wide variety of metrics and what-if scenarios. This comparison contains a written narrative as well as tables, graphs and charts to help you understand the intricacies of the different approaches. Karmikel Investments will then spend the time necessary discussing these reports and making any modifications necessary to your financial model until you are absolutely comfortable that the final portfolio is the best fit for your risk tolerance and financial objectives.
Once you completely understand and agree with your new investment portfolio, Karmikel Investments will implement the strategy. We will restructure your assets to conform to your new investment portfolio and strategy.
Existing Clients
Once your efficient portfolio has been identified and established we will continually monitor its performance. We will issue detailed quarterly performance reports and investment statements which include a comprehensive narrative specific to your investments. Annually we will readdress your investment model, more often if you incur material financial situation changes, to keep it current and on track with your financial goals. In addition, Karmikel Investments will rebalance your portfolio as necessary and provide tax-loss harvesting when required.
While we do monitor market conditions in case a major event may require adjustments to your portfolio, immediate urgent changes are seldom, if ever, necessary (see Investment Philosophy elsewhere on this site).
Access to Dimensional Funds
In addition to the services mentioned above, Karmikel Investments is proud to be associated with and to offer our clients access to DFA Funds. DFA funds are designed to capture very specific asset class characteristics and offer the building blocks to construct customized balanced portfolios tailored to a client's risk preference. For more information on DFA Funds, see DFA Funds elsewhere on this site.
Copyright © 2008 Karmikel Investments - ALL RIGHTS RESERVED |
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Active vs. Structured Management Wealth Transfer, Legacy Planning & Charitable Giving
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