Can I switch portfolios later?

Yes. You can move to a different portfolio at any time. There's no exit fee and no lock-in of any kind.

How are fees charged?

Fees are calculated on the average daily net liquidation value of your account and billed at the end of each quarter. Deducted directly from your account, so you never get an invoice.

What types of accounts can I use?

Individual, joint, IRA (Traditional, Roth, Rollover, SEP), trust, and entity accounts. All held at Interactive Brokers.

Yes. All three portfolios hold stocks, which means account values can fall as well as rise. Income and Growth carry normal stock market risk. The Speculative Portfolio is more concentrated in smaller companies and can decline sharply, including 30%, 40%, or more. Investing involves risk, including the possible loss of principal.

Can I have more than one portfolio?

Yes. Some clients hold multiple accounts at Interactive Brokers, each managed under a different portfolio. A taxable account in Growth and an IRA in Income is a common setup. Each account has its own advisory agreement and is billed at that portfolio's rate.

Are the portfolios customized for each client?

No. These are fixed model portfolios. All clients assigned to a given portfolio hold the same positions. After you reach out, we send a short questionnaire about your goals, timeline, and how much loss you're comfortable with to find the right match, but the portfolio itself doesn't change from client to client.

Where is my money held?

At Interactive Brokers, in an account in your name. IBKR is a SIPC member with $500,000 in standard coverage plus $30 million excess coverage. SIPC protects against brokerage failure, not market losses.

Model Portfolios

Choose a model portfolio that fits your goals

We manage three fee-only model portfolios. Reach out and we'll match you to the right one or a combination.

Hands picking ripe apples into a wooden basket in an orchard

Income

For cash flow

0.60%

Per year

Dividend-paying stocks, individually selected
Suited to investors seeking regular income
Risk: dividend cuts, sector concentration

See Portfolio

Hands tending young plants growing on wooden stakes in a greenhouse

Growth

For long-term growth

1.20%

Per year

Individual stocks, low portfolio turnover
Suited to investors who won't need the money for years
Risk: concentration, extended declines

See Portfolio

Hand-carved wooden model rocket on a workbench beside a sketch of a rocket

Speculative

For higher-risk investors

1.60%

Per year

Fewer holdings, concentrated by design
Not appropriate for all investors
Risk: sharp declines of 30% or more

See Portfolio

Investing involves risk, including the possible loss of principal. The Speculative portfolio is not appropriate for all investors.

Fee-Only No Commissions
Fiduciary Duty Acts in your interest by law
Registered Utah & Texas
Held at Interactive Brokers
CRD #337496

Side by side

Which portfolio fits your goal?

	Income	Growth	Speculative
Suited for	Retired, approaching retirement, or want income while you hold	3-plus year horizon and patience to hold through declines	Can handle sharp drops and understand positions can lose their full value
Annual fee	0.60%	1.20%	1.60%
What it holds	Dividend-paying stocks and preferred shares	Individual stocks with durable competitive advantages	Small number of higher-volatility stocks (small-cap, thematic, select emerging markets)
Goal	Cash flow from dividends	Long-term compounding	Concentrated positions in smaller companies
Timeline	Flexible	3+ years	5+ years
Risk level	Lower volatility, but principal can still be lost	Moves with the market and can lag for stretches	High. Drops of 30% or more are a realistic outcome
Billing	Quarterly, after each period	Quarterly, after each period	Quarterly, after each period

New to some of these terms? What a stock is, how we compare to robo-advisors, what fee-only means, and what fiduciary duty requires cover the background.

Investing involves risk, including the possible loss of principal. Not sure which one fits? Send a question and we'll point you in the right direction.

How Much It Costs

One advisory fee, charged quarterly

One rate for your portfolio, deducted every quarter. No tiers based on account size, no account fees. Interactive Brokers charges its own separate brokerage fees, which are not part of the advisory fee.

Portfolio value $10,000

Annual advisory fee

Income $60 per year (0.60%)

Growth $120 per year (1.20%)

Speculative $160 per year (1.60%)

Fee calculated on average daily net liquidation value. Your brokerage (Interactive Brokers) may charge its own separate fees.

FAQ

Common questions

Yes. You can move to a different portfolio at any time. There's no exit fee and no lock-in of any kind.
Fees are calculated on the average daily net liquidation value of your account and billed at the end of each quarter. Deducted directly from your account, so you never get an invoice.
Individual, joint, IRA (Traditional, Roth, Rollover, SEP), trust, and entity accounts. All held at Interactive Brokers.
Yes. All three portfolios hold stocks, which means account values can fall as well as rise. Income and Growth carry normal stock market risk. The Speculative Portfolio is more concentrated in smaller companies and can decline sharply, including 30%, 40%, or more. Investing involves risk, including the possible loss of principal.
Yes. Some clients hold multiple accounts at Interactive Brokers, each managed under a different portfolio. A taxable account in Growth and an IRA in Income is a common setup. Each account has its own advisory agreement and is billed at that portfolio's rate.
No. These are fixed model portfolios. All clients assigned to a given portfolio hold the same positions. After you reach out, we send a short questionnaire about your goals, timeline, and how much loss you're comfortable with to find the right match, but the portfolio itself doesn't change from client to client.
At Interactive Brokers, in an account in your name. IBKR is a SIPC member with $500,000 in standard coverage plus $30 million excess coverage. SIPC protects against brokerage failure, not market losses.

Choose a model portfolio that fits your goals

Income

Growth

Speculative

Which portfolio fits your goal?

One advisory fee, charged quarterly

Common questions

Have a question about a portfolio?