Broadview Financial Management, LLC

Broadview serves individual clients (including high-net-worth individuals) as well as retirement plans, trusts, estates, charitable organizations and business entities; the firm reports approximately $623 million in assets under management, seven advisors and about 261 client relationships. Its core services include financial planning, consulting and portfolio management, and it acts as a fiduciary when advising retirement plan and IRA accounts.

The firm’s investment process is built on Modern Portfolio Theory, using diversified allocations primarily implemented with mutual funds and ETFs and, in some cases, through selected Independent Managers; most assets are managed on a discretionary basis and cash typically represents a small portion of portfolios. Broadview customizes allocations to clients’ risk tolerance, capacity and time horizon, monitors accounts on an ongoing basis and periodically rebalances while taking tax implications into account where appropriate.

Compared with many peers, Broadview’s brochure highlights that it conducts educational seminars and workshops as part of its client outreach, an offering that is uncommon among similar team firms. The firm is structured as an employee-owned, fee-only adviser that combines in-house portfolio management with the use of Independent Managers for portions of client assets, and it does not accept proxy voting authority for client securities.