Strategic Asset Management, LLC

Strategic Asset Management, LLC provides investment supervisory services and financial planning to individuals (including high-net-worth clients), trusts, estates, pension and profit-sharing plans, and business entities. The firm manages approximately $32 million in discretionary assets for roughly 135 clients and delivers portfolio management primarily through no-load and low-load mutual funds, exchange-traded funds, and occasional individual securities.

The firm documents client objectives in written Investment Policy Statements and emphasizes a long-term, asset-allocation approach grounded in modern portfolio theory and a belief in market efficiency, often implementing diversified, passively managed, asset-class mutual fund portfolios (including institutional funds) and model no-load portfolios. Client accounts are typically custodied through discount platforms (including Charles Schwab), reviewed at least semiannually with quarterly reporting, and can be managed on a discretionary basis with written client restrictions accommodated.

A distinctive feature is the firm’s affiliation with an accounting practice: the advisory business shares a principal place of business and some clients with an affiliated CPA firm, and senior personnel divide time between advisory and accounting services (approximately 35% advisory / 65% accounting), which enables integrated tax and trust-related advice alongside investment management. The firm also discloses trusteeship/executor services on a limited basis and maintains professional liability insurance, practices that are less common among similarly sized advisers.