SHORESIDE PHILOSOPHY
At Shoreside Wealth Management, we are dedicated to helping our clients navigate the complexities of wealth management with confidence. Our mission is to be a beacon of trust, expertise, and unwavering commitment to our clients' financial well-being.
We use goals to decide our allocation rather than market timing. We believe any money needed for short term goals needs to be relatively liquid (cash and cash alternatives) while dollars that have a 5–10-year time horizon or longer could be in equities or alternative investments.
Goals Based
Us in Numbers
$100M+
Clients’ Income during the Last Quarter
5
Industry Awards
355
Business Partners in over 30 Countries
27
Years of Experience
Diversification is key. We will invest in great companies all around the world using different asset classes (Large Cap, Mid Cap, Small Cap, International, Alternatives, Commodities, ect). Our team will use a combination of ETFs, individual stocks, mutual funds, private credit, private equity, individual bonds, and CD's tailored to each client's situation.
Diversified
Depending on the portfolio and your goals, our team will adjust your investment strategy and may tilt up or down to either overweight or underweight certain asset classes depending on our research and market conditions.
Tactical
There is no guarantee that a diversified portfolio will enhance overall returns or outperform a non-diversified portfolio. Diversification does not fully protect against market risk. Alternative investments may not be suitable for all investors and should be considered as an investment for the risk capital portion of the investor's portfolio. The strategies employed in the management of alternative investments may at times accelerate the velocity of potential losses. Tactical allocation may involve more frequent buying and selling of assets that may generate higher transaction cost. Investors should consider the tax consequences of moving positions more frequently in a nonqualified account.
Creating tax alpha for clients is a big factor that Shoreside Wealth Management seeks in order to keep more of the wealth you've built. We'll use asset allocation strategies to implement a tax loss harvesting strategy, allowing for tax losses to be locked in for future use while keeping market exposure for future upside. If charitable giving is a priority for you, we'll work to minimize taxes on your portfolio and in some cases your income.