Who We Are
We are a Registered Investment Advisory (RIA) firm which offers wealth management services forged from trusted relationships. Here at White Pine Investment Company, we take the term ‘client advocate’ to heart. With over 90 years of collective experience, we bring sound value-based principles to our clients’ accounts and manage them as if they were our own.
What We Do
We create a comprehensive financial plan which is unique for each client without the pressure of selling high cost products. This plan is designed to help you achieve your financial goals and to provide you with the wherewithal to intelligently make it through the ups and downs of the market. White Pine can help you achieve peace of mind by assisting you in building a solid financial future.
We keep your best interests at the forefront of our decision-making at all times. Our expertise and integrity will be the foundation of the relationship we develop together. We will help you withstand the storms and benefit from the calm times of the financial markets. Together, we will help you grow your wealth.
Can White Pine Help Someone Like Me?
Our desire is not only to manage your investments but to know who you are as a person. We care about our clients and their families and believe in creating lasting relationships with them. We want to help navigate you through disturbances and ensure that your long-term financial goals are met.
We will take into consideration your age, tolerance for risk, and the current investment landscape. Additionally this plan will allow us to address key considerations that come up throughout your retirement such as: Roth Conversions, Charitable Giving, Estate Planning. We strive to achieve this in a tax efficient manner.
The decision to seek out a Financial Advisor is not easy and the choice of picking the “right team” is even more challenging. The financial services industry has a well-deserved negative reputation due to some bad eggs who simply do not believe in and honor the Fiduciary Standard. A meeting with us can help break down the barriers, cut through the jargon, and provide you with simple and honest answers to your questions.
Our only method of compensation is the annual fee that we charge on a quarterly basis. It is based on a percentage of total assets under management (AUM) and the asset mix of your portfolio, never to exceed 1%. We do not accept compensation for placing our clients in any specific investment product.
Yes. One of the benefits of an individual equity portfolio is the ability to control taxable events more closely than through mutual funds. When we make decisions regarding whether or not to sell a security in your account, we first look at the investment merits of that decision. We then consider the tax consequences of selling a security. For example, the majority of our investment holdings are held for more than 12 months, thereby subjecting them to a more favorable capital gains tax rather than an ordinary income tax.
All of our clients' assets are held at Charles Schwab & Co., Inc. It is important for your assets to be held by an independent third party with the proper insurances and protections as an added layer of security.
No, we charge no other fees. And Charles Schwab no longer charges a transaction fee when securities are bought or sold. There are some mutual funds that still charge a transaction fee within the $25-49 range.
Why the name "White Pine"?
A tree that could withstand storms and disease. A tree with inherent stability to represent perseverance through the challenges of life. Finally, he reasoned that the name should reflect the beauty of the state in which most of his clients live (or have lived) - Michigan, the beautiful Eastern white pine.
OUR CORE VALUES
We care about our clients and their families and believe in creating lasting relationships with them. We build financial plans that are realistic, attainable and are managed with skill and integrity. We view our role with clients as stewards of all that they entrust us with: including their financial lives, their family stories and even their spiritual connections. We continually push to expand our knowledge base with our decision-making process considering all that we've read, all that we've heard and all that we've learned.
Our belief is that every great investment experience should begin with a solid plan. We can help determine an asset mix that balances the necessary returns to meet your financial goals with downside risk protection. We will take into consideration your age, tolerance for risk, and the current investment landscape. Additionally this plan will allow us to address key considerations that come up throughout your retirement such as: Roth Conversions, Charitable Giving, Estate Planning.