Investment ManagementBuilt around what the money is for
BAM builds and manages separately managed portfolios for individuals and families. Asset allocation, security selection, taxes, liquidity, and financial planning are considered together because the portfolio exists to fund real goals.
The right portfolio depends on the job it has to do
Before selecting investments, we determine what the money needs to accomplish, whether that means retirement income, education, family opportunities, or a future legacy. We then consider when it may be needed, how much liquidity should remain available, which risks the client can afford to take, and how each account fits into the household as a whole.
We manage standard taxable accounts, IRAs, SEP and SIMPLE IRAs, 401(k) brokerage accounts, corporate accounts, and trusts. Each remains a separately managed account, allowing the portfolio to reflect the client’s actual holdings, tax position, and constraints.
One household, one allocation
Risk is evaluated across accounts, not one statement at a time.
Direct ownership and visibility
Clients can see the securities held in their accounts and the transactions made on their behalf.
Direct access to the investment team
Questions go to the professionals responsible for the portfolio, not a separate service desk.
Allocation first, securities second
The mix of stocks, bonds, and cash sets the broad risk profile. Security selection determines how that allocation is implemented.
- Household-level view of risk
- Account type and tax considerations
- Adjustments as circumstances change
- Business quality and competitive position
- Management, growth prospects, and valuation
- Company, sector, and employer-stock concentration review
- Balance-sheet and cash-flow analysis
- Flexible maturity and duration decisions rather than a rigid ladder
- Liquidity and diversification review
Portfolio construction varies by client. The descriptions above are general and are not a recommendation to any particular investor.
A portfolio is maintained, not merely opened
Markets change, securities change, and the client’s life changes. The portfolio must respond to all three.
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1
Establish the mandate
We document the goals, account structure, allocation, liquidity needs, tax considerations, and risks that should shape the portfolio.
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Implement account by account
Holdings are placed with attention to account type, existing gains or losses, concentrated positions, and the practical cost of making changes.
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3
Review every holding and the portfolio as a whole
We ask whether each holding would still be purchased today, rebalance when exposures drift, and revise the allocation when the client’s needs materially change.
The people you speak with manage the portfolio.
Investment decisions stay in-house, and clients have direct access to the professionals making them. BAM is a fee-only fiduciary, sells no financial products, and receives no commissions. Client assets are custodied at Charles Schwab, separate from BAM.
Let’s discuss the portfolio you have now
A first conversation can identify what is working, where the risks or gaps may be, and whether BAM’s investment-management approach fits what you need.