When we contemplate our financial future, decision making takes on added importance. After you retire, you are ready to enjoy the wealth you've accumulated. And not worrying about your finances is critical to having a life both now and in the future that fulfills your highest aspirations. That is why many people seek a trusted advisor with the expertise, experience and commitment to help them achieve their goals and dreams.
At Gasber Financial Advisors, Inc. we take the responsibility and trust our clients place in us very seriously.
- By thoroughly analyzing each client's financial situation, we create an individualized, personal financial plan with the goal of leaving no aspect of his or her financial future to chance.
- We believe that while successful long term investing is a simple process, it is not easy. To insure implementation of a prudent, disciplined strategy, each client's investment portfolio is governed by a written investment policy statement.
- Because a plan is only as good as its implementation, we continue to work closely with each client after delivery of their financial plan to make sure recommendations are followed and adjustments are made as needed.
- We strive to provide each client with the highest level of service and personalized attention. As a result we realize that we cannot be all things to all people and have committed to limiting our practice to an appropriate number of families.
Today's investor is faced with a choice between two competing investment philosophy's; Active Management vs. Passive Management. Active management is based on the belief that markets are inefficient, enabling investors to outperform through superior security selection and/or market timing. Unfortunately, when we examine the record of active managers we find little evidence to support these claims. On the contrary, active managers as a whole consistently underperform markets by an amount equal to their inherently high costs and tax inefficiencies.
Gasber Financial Advisors, Inc. endorses the prudent alternative to active management. Based on rigorous academic research and over eight decades of empirical data, Passive management is an investment philosophy anchored on four important principles.
Markets Work. Securities Markets reflect the vast, complex network of information, expectations and human behavior. These forces drive prices to fair value. In other words, markets are efficient. This simple yet powerful view of market equilibrium has profound investment implications.
Diversification. Diversification is the most essential tool available to investors. It enables them to capture broad market forces while reducing the excess, uncompensated risk arising in individual stocks and bonds. By diversifying not only in the number of securities we hold (thousands) but in the range of markets we incorporate, we focus on the factors that drive investment returns and reduce excess and undesirable risk.
Risk Means Opportunity. Investors are rewarded in proportion to the risk they take but not all risks carry a reliable reward. By focusing on compensated risk factors (risk that carry the expectation of a reward) we build portfolios that create opportunities to build wealth over time.
Structure. Structure, or asset mix, determines most of the performance in a diversified portfolio. Capital markets are composed of many classes of securities, including stocks and bonds, both domestic and international. A group of securities with shared economic traits is commonly referred to as an asset class. We select asset classes to play different roles in a portfolio, always seeking to minimize risk while maximizing expected return.