Redefining the Investment Experience - A Focus on Process, not Product
LA-based asset managers offer a pathway to wealth - without stockbrokers.
LOS ANGELES, May 29, 2015 /PRNewswire/ -- As with so many other professional services, the information revolution is now re-shaping the essential structure of wealth management. In Los Angeles, RVW Investing LLC exemplifies this type of new, rapidly-growing asset management firm that is delivering higher value to clients at lower cost.
"Essentially, we have thrown out the stockbroker model and replaced it with an investment philosophy and client relationship that is not biased toward constant, commission-based trading activity," says Jonathan Gerber, RVW Managing Partner. "We are proud to be one of the pioneers of low cost, tax-efficient, fully diversified investing within a framework of the overall financial plan of each client."
Conceived and created by three CPAs less than a decade ago, RVW has now reached and exceeded the benchmark of $300 million in assets under management. The firm employs academically-rooted investment strategies to access broad groupings of equities through enhanced indexing, and combines that with individual bonds for stability and target date cash needs.
To stay on top of macro developments with an eye to continuously enhancing portfolio design, RVW principals carefully monitor the rapidly increasing number of new indexing tools. Clients have responded positively to the transparent management approach and the investment performance they have been experiencing.
"Ironically, we do not employ either of the two best-known indexes – neither the Dow nor the S+P 500 are in any of our portfolios," says Michael Stone CPA, Head of Portfolio Design. "Instead, we use our proprietary 'IntelliBeta' selection protocol which seeks to optimize returns and minimize volatility with a low-cost, tax-efficient orientation."
"Our steady growth has developed strictly internally," continues Mr. Stone. "Neither acquisitions nor mergers have been part of our business model. Instead, we've done it through careful stewardship of our clients' wealth and long-term financial wellbeing. They in turn refer friends and family, often recommending a consolidation of their existing portfolios from other managers."
Mr. Gerber points out that RVW is one of only a handful of wealth managers where all of the principals are not only registered investment advisors but are trained Personal Financial Planners in addition to being CPAs.
"As registered investment advisors, RVW assumes a fiduciary duty to its client, exceeding the standard of suitability that stockbrokers generally assume," adds Loren Gesas, RVW's Relationship Manager. "We are therefore required to implement the most suitable and optimal client portfolios, ignoring our own interests entirely. Over the past decade, this distinction has served our clients very well."
More information at: www.RVWinvesting.com
SOURCE RVW Investing LLC
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