While you are taking care of the rest of your life, we will be focusing our attention, time, and resources on your financial well-being. Historically, equities have yielded the highest returns, though they come with higher volatility. Most White Pine client portfolios contain 35-40 holdings, with an average holding period of four to five years. Exchange traded funds or mutual funds often round out client portfolios.
Our stock selection philosophy follows the lead of investment pioneers such as Warren Buffet, John Templeton, and Benjamin Graham. We analyze companies’ expected future cash flows, revenue growth, earnings power, competitive advantages, and management strength to determine their intrinsic value. When the market price of these companies is below that value, we buy.
The goal is to ensure that you can achieve their financial goals and objectives with customized financial strategies and plans based on your unique situation.
Yes we are and we take that very seriously. Above all else, our decisions are made with your best interests in mind.
Our only method of compensation is the annual fee that we charge on a quarterly basis. That annual fee is based on a percentage of total assets under management (AUM) and the asset mix of your portfolio; never to exceed 1%. We never accept any compensation for placing our clients in any specific investment decisions.
Your securities are held in an account in your name at a major brokerage firm or financial institution of your choice. The majority of our clients choose to have their assets held at the brokerage firm of Charles Schwab & Co., Inc. The decision is up to you as our client.
Sometimes. The brokerage firm where you deposit your securities may charge a commission or transaction fee when securities are bought or sold. White Pine Investment Company does not share in any fees charged by brokerage firms that hold our clients’ securities.
If a client chooses to retain us, they will be provided with a basic financial plan as well as ongoing investment management services to execute their plan. We will provide quarterly performance reports, ongoing telephone contact with updates and meetings on an as-needed basis.
Each client receives a quarterly report detailing their portfolio’s performance along with our much anticipated quarterly newsletter. You will also be provided a Charles Schwab online login where you can check all of your accounts and performance metrics.
It is pretty simple, we invest all of our money in the exact same places that we invest yours. In fact, we treat ourselves as clients and all pay the exact same fees as our clients.
Financial stability is built on a solid plan, but a plan should not be set in stone. Changes in your circumstances or goals might necessitate alterations to your financial plan. We anticipate these natural evolutions of family situations, health, work, and priorities, and adjustments are made as needed. When life’s surprises occur, you will have confidence that the relationship we build together will support and guide you past any obstacles in the road.