Private Wealth Management

Investment planning and portfolio construction often involve complexity, ongoing monitoring, and significant time considerations. For these reasons, many of our clients entrust our team with managing their investments to support the achievement of their long-term goals.

We build portfolios using a disciplined investment process that includes strategic asset allocation to mitigate portfolio volatility.

In other words, we build investment plans for the certainty of uncertainty so that regardless of the market conditions there is always a smart place where our clients can get money. Included in our Wealth Management services, we are committed to:

• Helping our clients gain confidence and clarity about their investments.
• Consistently evaluating performance, asset allocation, risk, cost, and tax efficiency of our portfolios.
• Assessing, managing, and communicating risk to our clients.
• Providing a lower cost way to build a strong foundation so our clients can keep more of what they earn.

The North Oaks Financial Group’s Investment Committee works in consultation with our portfolio construction teams at BlackRock Funds, Fidelity Investments, and J.P. Morgan Asset Management. Investment Committee members: Connor Chesnut, CFA – Director of Portfolio Management, Luke Schneider, CFP® – Wealth Advisor, Keith Berg, CFP® – Wealth Advisor

Investment Services

• Suitability – Tailoring investment recommendations and portfolio management to match goals, risk tolerance, time horizon, and personal financial situation.
• Investment Due Diligence – Consult with portfolio construction teams at BlackRock Funds, Fidelity Investments, and J.P. Morgan Asset Management to discuss market outlook and investment themes.  
• Research and Analysis – Conduct in-house research to create and monitor custom built model portfolios and equity investment sleeves.
• Portfolio Management – Utilize both strategic asset allocation as a foundation (long-term in nature) and tactical allocation to take advantage of perceived short-term opportunities.
• Rebalancing – Systematic rebalancing of accounts when material model portfolio changes are made, while being tax-conscious if applicable.
• Performance Reporting – Investment performance reporting which aggregates results across accounts and compares them to appropriate benchmarks.
• Third Party Payments/Distributions – Money movement includes wires, ACH transfers, and checks in or out of the account, as well as standing instructions and recurring distributions to third parties.
• Charitable giving – Allows individuals to support meaningful causes in a tax-efficient manner while maintaining flexibility over the timing and direction of their philanthropic impact.
• Donor Advised Funds – A flexible charitable account that allows donors to make a tax-deductible contribution and recommend grants to nonprofits over time.

Investment Strategies

• Core ETF (Exchange Traded Fund) Portfolios – Asset allocation portfolios to diversify holdings using ETFs.
• Growth Equity Sleeve – Stock portfolio with the primary objective of capital appreciation.
• Growth and Income Equity Sleeve – Stock portfolio with the primary objective of capital appreciation with a secondary objective of income.
• Income Portfolios – Primarily fixed income portfolios with the primary objective of a steady income stream.
• Money Market Funds – Preserving principal while paying a modest level of interest.
• Separately Managed Accounts and Alternative Investments – Specialized investment solutions that typically require minimum income or net worth thresholds and are managed by our team in partnership with select third-party managers.
  • For example:
    • Direct Indexing – A strategy that involves owning the individual securities of an index to enable customization, tax loss harvesting, and alignment with specific investment preferences typically to manage capital gains.
    • Private Credit – Investments in privately negotiated loans to businesses, offering income-focused returns and diversification through exposure to non-public credit markets.
    • Private Equity – Long-term investments in privately held companies aimed at driving value through operational improvements, growth initiatives, or strategic restructuring.
    • Multi Strategy Hedge Funds – Hedge funds that allocate capital across multiple investment strategies to diversify risk and seek more consistent, risk-adjusted returns across market cycles.

Fee Structure

Our fees for Private Wealth Management are arranged as a percentage of assets under management (AUM). These fees are pulled directly from investment accounts on a quarterly basis. Fees are based on the amount of assets invested with North Oaks Financial Group, and the fee for each account falls into one of three categories:

• Tiered-fee schedule with AUM fees ranging from 0.40% to 1.25% (scaling down with asset balance)
• Non-tiered flat fees (with AUM fees also ranging from 0.40% to 1.25%)
• We also offer simplified portfolios with fees starting at 0.45% (for accounts with a smaller asset balance)