Financial Discovery

The firm provides investment advisory and financial planning services primarily to high-net-worth and ultra-high-net-worth individuals and families, as well as individual/solo 401(k) plans, estates, trusts and custodial accounts; clients are generally expected to meet the firm’s minimum account size. Financial planning — covering cash flow, retirement, insurance, tax, education funding and estate considerations — is included for clients who use the firm for investment management, and one-time plans are available on a negotiated basis for non-clients.

The firm tailors portfolios to each client’s projected cash-flow needs using an asset‑liability matching framework combined with fundamental valuation and economic‑cycle analysis, implementing strategies that include long‑term holdings, short‑term purchases and options. It typically manages accounts on a discretionary basis, offers at least annual reviews, directs most trades to a single recommended custodian, and does not aggregate orders for multiple clients.

A noteworthy feature is that a principal of the firm operates a separate accounting and tax practice that can provide accounting and tax preparation services under a separate engagement; those services are provided on an hourly basis and historically account for under ten percent of firm time and revenue. The firm also generally requires custody with its recommended custodian for accounts it manages, does not accept proxy‑voting authority, and maintains a relatively small client roster for its level of assets under management.