Nicole and I would like to thank you for your trust in 2025. We have had another successful year helping you move closer to your most important financial and personal goals. I want to emphasize that success in financial planning is measured by progress toward goals.
Throughout my career, I have worked to establish a core belief system centered on financial planning and investment management.
Guiding Principals:
- We are long-term, goal-focused, plan-driven investors. Our core investment policy is to pursue your goals by investing in broadly diversified portfolios.
- We believe that the economy cannot be consistently forecast, nor the markets consistently timed. Moreover, we find no predictable pattern in the way markets react to—or choose to ignore—economic developments.
- We conclude from these beliefs that the only way to be reasonably confident of capturing the full premium return of equities is to ride out their frequent, sometimes significant, but historically always temporary declines.
- We do not react to, much less try to anticipate, economic and/or market events. As long as your long-term goals remain unchanged, our plan for their achievement will also remain unchanged. And as long as our plan remains constant, so (except for annual rebalancing) will your portfolio.
- We believe that long-term compounding of quality equities is the most important force guiding us toward the achievement of your goals. And we're obedient to the late Charlie Munger's dictum, “The first law of compounding is to never interrupt it unnecessarily.”
We are looking forward to serving you and your family. Please let us know if you have any suggestions on how we can enhance our service model, improve communications, and build more confidence in your plan. We also would love for you to help us meet other families with whom we can build long-term meaningful relationships. The approach we take with our clients and friends is personalized; we hope you do too.
Tax Information
As we move into the 2026 tax season, we would like to provide a guide and outline the dates by which to expect tax documents. Please see the link to LPL’s 2026 Investors Tax Guide. If you have any questions, please let us know.