Relationships
Relationships are paramount to the way Watchtower works with its clients and outside business partners. Character and Integrity are two aspects of our work we will never compromise on and it helps ensure we put our clients at the center of every decision we make. Other wealth management firms or banks are too focused on what you have to invest or minimum requirements to engage their platform.
Watchtower’s focus is on who you are, what’s important to you and your family, what are your goals and objectives, and how can we execute on our relationship with you and the answers to those questions to build a sustainable plan for the long term. As in life, we view wealth management as a marathon not a sprint.
Planning
Managing your wealth involves managing more than just your investments. Our comprehensive approach to wealth management encompasses all aspects of your financial well-being. At Watchtower the planning process drives the deployment of our expertise and recommendations. By utilizing Blueprint, our data aggregation and planning tool, we set up a personal client website that can be accessed anywhere you are with live feeds of all of your accounts; whether they are with Watchtower or any other banking or investment institution you will have up-to-date balances, net worth, budget and balance sheet building capabilities at your fingertips.
We utilize the information we input together in Blueprint to build out a comprehensive wealth management plan that can be changed at any time during your life to reflect the changes happening now, and planning for the ones you want to anticipate in the future.
Investment
The last brick in the foundation of what we strive to achieve for our clients. Our relationship and understanding of who you are, doing a comprehensive plan to understand what your goals and objectives are as well as the means you have to achieve them culminates in how your portfolios work in concert to drive you towards achieving those goals and objectives. Whether you have a 401k, taxable brokerage account(s), or plan to keep some assets at another provider, we will work to make sure your whole financial picture is working in lock-step with each other.
To start, we create an Investment Policy Statement together to make sure we are on the same page and establish the guardrails of how we will invest your money. Watchtower Wealth incorporates a Strategic Asset Allocation strategy to ensure the investments we choose are in line with the planning processes 3-5 year plan. We also can incorporate Tactical Asset Allocation portfolios to compliment the overall asset allocation; these are shorter term investment opportunities we see in the markets we can capitalize on (may not be suitable for all clients). We will continuously monitor the asset mix, provide performance reports, benchmarking and analytics, and market insights and guidance.