We too are United Pilots. United Wealth Management is a fee-only, independent Registered Investment Advisor. We specialize in PRAP Management and Financial Life Planning for Pilots at United Airlines. What uniquely qualifies us is that we are also United Pilots.
We breathe and live under the same contract and benefits as our clients. From lay-offs to layovers we have lived your life. We’ve been through the worst of times with you, and now helping navigate the better of times.
United Wealth Management manages portfolios in the context of a financial life plan. Our philosophy behind this is to keep our clients focused on what the money is for – the joys of life – rather than simply accumulating it. A comprehensive life plan considers but is not limited to: life-goal planning, investing and savings, basic estate planning and financial protection. When all of this is taken into account it allows us to provide personalized financial advice and a plan that gives meaning to your money.
Our investment philosophy is to manage globally diversified portfolios using the family of funds from Dimensional Fund Advisors (DFA) (www.dfaus.com). We are proud to be one of less-than six percent of all advisors selected to work with DFA. We believe in a globally diversified, continuously invested portfolio (i.e. we do not market time nor count on unreliable market/economic forecasts.) We believe market declines are inevitable and present opportunities to buy at a discount - rather than raise cash. This is an evidenced-based approach - based upon Nobel-winning research suggesting it as the best way to capture expected long-term returns.
As far as performance, every client is different. Some clients are aggressively growing their investments while others are living off of them. So, to state an "average" return would not provide any meaningful information. Our investment objective is to help you implement the right investment strategy to fund life’s ambitions. It would be unfair to suggest that we will get a better return than most other advisors – that is impossible and unethical to promise - but it is likely we will help our clients implement a strategy that is better than what they would do on their own. When we help you select your portfolio you will learn exactly what to expect regarding the risks and returns of your investments.
Our value proposition is simple: helping you define the course, plot the course, and stay the course (Accountability, Awareness, Advice). According to research by Dalbar, Inc, the average investor under-performs their own investments by a wide margin. This usually results from a series of "human factors". As your advisor our job is to create a personalized financial life plan that plots a course toward lifetime goals. And while on that course our job is to keep you on track and help prevent costly mistakes. Simply put: if holding a diversified portfolio of high quality investments were “easy” – then everyone would do it.
We never want there to be a question about fees. Our initial planning fee is negotiable up to $2500, depending on the complexity of the case. Investment management fees are billed quarterly based on the assets under management (AUM). Invoices are delivered directly to your secure online vault so you will know exactly what you pay. All fees are deducted directly from the accounts we manage. Our fee structure for investment management is as follows:
|Fee Percentage||Assets Under Management|
|.75%||$600,001 - $1,600,000|
|.5%||$1,600,001 and higher|