Financial Planning

 Based on extensive academic and institutional analysis research, we have come to a very basic conclusion: CAPITAL MARKETS WORK. Security prices generally reflect all available public information, making it nearly impossible for active managers to consistently outperform their benchmarks over long periods of time.

Investment products offered by the financial services industry have become increasingly complex, and the number of them has drastically increased in recent years. Additionally, investors are continually confronted with contradictory messages from the financial media. This creates confusion in the marketplace and, combined with the number of recent financial scandals, distrust among investors.

Comprehensive Wealth Services provides you with a place to turn when you simply want to ensure returns consistent with your level of risk using prudent diversification. We offer a disciplined, unemotional, and highly diversified investment approach that offers objective advice and solutions to problems rather than financial products to buy.

1. A portfolio’s asset allocation is responsible for over 90% of the portfolio’s return; market timing and security selection contribute a small percentage of the overall return.
2. A broadly diversified portfolio including a large range of asset classes will produce the optimal risk-return profile.
3. Markets are efficient.
4. We focus on the long term and do not engage in market speculation, market timing, or chasing the latest hot trend or product.
5. Conventional indexes are flawed as investment vehicles and serve only as gauges for market performance.
6. We utilize core and asset class portfolios with very low cost.
7. We utilize portfolio design methods based on the Nobel Prize-winning “Modern Portfolio Theory”.
8. We monitor and rebalance in an effort to reduce risk.
9. We eliminate excessive costs and manage tax liabilities.
10. We are not stockbrokers. We don’t claim to provide value to you by selecting individual stocks in order to “beat the market,” since we don’t believe this to be a successful long-term strategy.

We construct client portfolios using Dimensional Fund Advisors (DFA Funds) mutual funds. In the event that DFA Funds are not available for a particular client, we will construct a portfolio using other low-cost passive investments.

Comprehensive Wealth Services does not take direct custody of our clients’ investment assets. We will assist our clients in establishing investment accounts at Charles Schwab & Co, and will implement our investment recommendations through that account. This ensures each client’s assets are held in their name by an independent firm, allowing them to verify account balances, transactions, and performance at any time.