Do You Know The Risks To Your Portfolio?

on October 16, 2018 Comments Off on Do You Know The Risks To Your Portfolio?

We can spend a lot of time building and diversifying our portfolios, but when’s the last time that you conducted risk assessment to determine it’s long-term viability?

Conducting a portfolio risk assessment can let see your asset allocation as it changes over time due to performance. This is key in preventing you from taking a level of risk that you are uncomfortable with. The reality is that even how you view your portfolio construction can change over time with your risk tolerance, investment goals and timelines.

Our approach to portfolio management is based on 5 pillars of portfolio construction. We construct client portfolios to reduce risk and volatility while working to maximize the probability of success over the long term.  We implement a process of investing that is goal oriented and progress driven. We believe that if you can measure progress, you can manage future outcomes and make positive adjustments over the long term.  If you need help investing your savings in a way that is consistent with your goals, we are here to help by working with you to make the financial markets less confusing and providing a way for you to have access to a well constructed portfolio that provides an increased probability of success.  With our Portfolio Management Services, we serve you as your investment advisor putting your best interests first.  We will help steward your portfolio through the volatile markets over time while educating you about the investment process and financial markets.

Let’s Talk!


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Jase TeamDo You Know The Risks To Your Portfolio?

Making Sure You Have The Right Beneficiaries

on August 21, 2018 Comments Off on Making Sure You Have The Right Beneficiaries

You work hard, for many years, accumulating your wealth, financial assets and insurance plans to make sure that your family is taken care of when you’re gone. But it never fails, at one point or another, the thought crosses our mind, “Am I certain my beneficiaries are correct?”

Some of the most common mistakes when it comes to beneficiaries are the following:

  • Not naming a beneficiary – By not doing so, your assets will go through probate, but in the case of a retirement or insurance plan, there may be a contract provision that designates a default beneficiary, who may not be who you intended.
  • Naming your estate as your beneficiary – When this is done, it goes through a probate and can be more limiting than if you names a spouse or non-spousal beneficiary.
  • Outdated beneficiaries – You may not want the person that gets your benefits to be the one to receive them if they’re out of date.
  • Naming minors as direct beneficiaries – When that child turns 18 or 21, depending, they will be paid out directly. Handing a large lump sum of money to an 18-year-old may not be the best decision.

These are just a few of the commonly made mistakes. There can be more complications if your beneficiaries are not taken care of. For help with those scenarios and to help and your questions, we’re here. Let’s talk.


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Jase TeamMaking Sure You Have The Right Beneficiaries

How To Select The Right Retirement Plan For Your Business

on July 10, 2018 Comments Off on How To Select The Right Retirement Plan For Your Business

You’ve crossed the threshold and now you want to offer your employees a retirement plan, that’s great! Or, perhaps, you want to evaluate the current retirement plan you offer for your company to see if it’s best for all parties. These decisions can be tough ones and we’re happy to help.

Here’s some facts you need to know:

  • The more your company grows, the less options are available to you – Once you have 10 to 15 employees, your retirement plans really boil down to two options, IRA and 401k. Both are great options with desirable benefits, but if you have higher earning employees, who can invest more, a 401k will probably be the better choice.
  • The 401k Discrimination Test – Offering a 401k to your employees means that you will have to pass the Department of Labor discrimination test, completed by a ton of paperwork, that could limit how much your employees can contribute to their plans.
  • Avoiding The Discrimination Test Could Mean Higher Costs To you – If you’re interested in offering a 401k to your employees, there is a “safe-harbor” provision available that would allow you to offer a 401k. The requirement is that you, the employer, must contribute at least 3% of pay to all participants accounts regardless of whether the participant contributes.

Obviously, there are many more factors to consider that will help you in your decision. We’re here to help you make sense of all the information and help you make the decision that is best for you. If you would like to know more, let’s talk!


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Jase TeamHow To Select The Right Retirement Plan For Your Business

Why Courage Miller Is Different

on May 22, 2018 Comments Off on Why Courage Miller Is Different

One of the questions we field from prospective clients is, “why you?”

We get it. We understand that it can be difficult to distinguish between financial advisors and why you should choose one advisor over the other. So when we say we’re you’re partner, here’s why:

  • We believe that a partnership requires open communication about the details of your life that makes your story unique.  To truly understand the dreams and goals of our clients, we must be dedicated and focused on listening to your story.
  • Our foundation in service is built upon delivery of services based on your needs.  Hard work is at the core of everything we do. We pride ourselves on our dedication to service, and we strive everyday to embody the motto of our founders’ alma mater, Virginia Tech, “Ut Prosim” – That I may serve.
  • We established our business as an independent fee only registered investment advisor. Our goal was to remove conflicts of interest that exist by being paid commissions for selling products. As a result we strive to deliver independent guidance and exceptional service for our clients.

We have been honored over the years to serve clients with their diverse financial needs. We work with families and individuals on their personal finances, foundations and trusts on their institutional investments, and small businesses on their retirement plan needs.  We strive to build trusted relationships, so that you are able to focus on things that are more important to you such as your family and career. We focus on serving with 4 major principles: Honesty, Transparency, Dependability, and Continuous Improvement.

To find out more about why we’re different, let’s talk.


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Jase TeamWhy Courage Miller Is Different

How To Weather The Next Market Correction

on May 8, 2018 Comments Off on How To Weather The Next Market Correction

We generally get lulled into a steady and comfortable growth in the markets for a period of time with very limited market volatility and when the market corrects, we are not prepared. Market corrections are not only expected, but you should be comfortable with them occurring more frequently.

It is the volatile times in the markets when courage to maintain your investments is rewarded. Those most hurt are investors that are driven into irrational decisions to join in the panic and sell after the market has already moved so significantly. Strong portfolio construction and investing with a clear perspective that it is for the long term will prove beneficial. Here are some specific aspects to consider in markets and portfolio construction:

Length of correction

When a 10% correction occurs, it can take 3 months or more to see the markets recover to pre-correction levels. A 20% correction occurs less frequently but can be expected every several years. Because of the magnitude of a 20% correction, it can take a year or longer to have full recovery, but they have always recovered.

Corporate Valuation

The stock market is an auction, and unlike a traditional auction, the price is based on the foreseeable future value for the business. Unfortunately, if there is concern that a company will be less profitable in the near term, their market price is negatively impacted. While this does not mean the company will be closing its doors, the near term view pushes their price down. It is the near term valuations that drive market volatility. Remember to remain focused on the long term.


The US economy is strong and continues to grow.  There is currently no anticipation of a recession in the US. While growth has not been at a significant pace, a 2% annual growth in the US adds over $350 billion in growth which is more than the total economy of many countries including Austria, Finland and Denmark.

Portfolio Construction

Your portfolio should be allocated across a number of asset classes with the goal of producing a consistent long term rate of return. A global allocation blends investments from around the world with diversification into many individual investments within each asset class. We believe the portfolio should include an emphasis on the largest companies in the world. It is difficult to imagine why Apple, Google, Sony, Volkswagen, Samsung, Coca-cola, Pepsi, etc. do not make sense to own for the long term. Additionally, the diversification prevents any single company from negatively affect the performance of the total portfolio.

Interest Rates

With interest rates at tremendously low levels, we believe that you should be cautious in the average maturity to protect against rising interest rates.  The FED has been raising rates recently and there has been discussion about increasing inflationary pressures which would indicate additional increases in rates.

A prudent approach to portfolio construction and focus on long term investing is the best process to follow. To learn more, contact our team. We’re here to help!


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Jase TeamHow To Weather The Next Market Correction