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Asset Management

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Asset Management from a Fee-Only Fiduciary Investment Advisor

By integrating financial planning with investment management and ongoing advisory counsel, our Private Wealth Management Services aims to help ensure our clients have the freedom to enjoy their success without concern about where they stand financially, no matter what the future brings.

We believe that one of the keys to growing and preserving wealth over the long term is a shared dedication to the financial planning and investing process. When it comes to investing, we value discipline, diversification, and data. We don’t believe in taking on more risk than necessary or “stock-picking.” We do believe in helping you achieve your personal goals through a pragmatic and research-backed approach to investing.

Money Management Focused on Your Goals

We’re working towards your goals, not stock-picking or ‘sexy’ investment strategies. Complex doesn’t mean better and shortcuts rarely work. Darrow Wealth Management is not a hedge fund. Our approach to asset management isn’t tied to complicated (and often expensive) tactics like options and market timing.

At Darrow Wealth Management, we use publicly-traded ETFs and mutual funds to develop an asset allocation that we believe is in our clients best interest as their fiduciary investment advisor. Rather than rely on purely active or passive investing strategies, we utilize a blended approach to target dynamic portfolios.

Please contact us to learn more about the Darrow Money Management Program and comprehensive wealth management services.

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Fee-Only Wealth Management

Our clients are looking for an advisor – not a stock broker. As a client, you will never pay commissions or have to worry that your advisor may try to sell you a financial product for their own personal gain. As a fee-only financial advisor, we do not sell securities, investment products, or receive any commissions.

A Fiduciary Investment Advisor Always Works in Your Best Interest

As a financial fiduciary and registered investment advisor, we are legally bound to act at all times for the sole benefit and interest of our clients. This is the highest act of loyalty, trust and care as established by law.

Investment Management Approach

We believe that the fundamentals of a successful asset management strategy must include:

  • An understanding of your goals, personal situation, and risk tolerance today, and going forward, as your life changes over time
  • Focusing on what you can control and taking steps to plan for the things you cannot
  • A diversified portfolio of tax-conscious, low-cost mutual funds and ETFs aimed to help maximize your risk-adjusted return
  • Mutual dedication to the long-term investment philosophy and financial planning process
  • Taking on only as much risk as needed to meet your goals, not surpass an arbitrary benchmark

Frequently Asked Questions About Investment Management

What is your core investment approach?

Our foundational approach centers on proprietary model portfolios, aligned with each client’s risk profile. Our ongoing investment management process also seeks to optimize after-tax returns using strategies such as:

  • Tax-Loss Harvesting: Systematically capturing losses to offset gains

  • Tax-Aware Rebalancing: Adjusting allocations while minimizing tax liabilities

  • Strategic Asset Location: Optimizing the placement of assets across taxable and tax-advantaged accounts

  • Tax-Management: Seeking to reduce investment income in taxable accounts using municipal bonds, Treasurys, other funds

Many factors go into the construction of our model portfolios. We use a global approach in selecting opportunities and employ both passive and active investments. In building diversified portfolios, we aim to reduce fund expenses and turnover and avoid market-timing strategies. 

Do you offer tailored solutions and advanced customization?

Because many of our high net worth and ultra high net worth clients have specific investment needs, we also offer an array of customized asset management solutions, engaging external partners as needed. Some of these capabilities include:

  • Direct Indexing: For enhanced tax efficiency.

  • Separately Managed Accounts (SMAs): Customized equity and fixed-income sleeves designed for granular control and integration of sector/industry screens.

  • Options Trading: Strategic options trading for income generation, diversification, or downside protection.

  • Concentrated Position Management: Exchange Funds and Section 351 ETF exchanges to manage transitions.

  • Giving: Donor-Advised Funds (DAFs) to facilitate charitable giving goals. 

Do you help with diversification after an IPO?

Yes. After an IPO, many individuals face concentrated stock exposure. Through our ongoing relationship, we’ll leverage our core and advanced portfolio solutions to develop and implement a diversification plan that aligns with your risk profile, liquidity needs, and financial goals. 

What will happen to my existing accounts? 

Darrow uses Charles Schwab & Co. Inc. as our clients’ primary independent third-party custodian. We take care of all the paperwork and can typically move assets in-kind to avoid any initial sales or tax implications. Once assets are at Schwab, we will begin to reposition portfolios. 

Current 401(k) and employer retirement plans cannot be moved, but the management of those accounts can be managed on a case-by-case basis. 

The account transition and onboarding process will be discussed in detail prior to becoming a client. 

Do you sell products? How is your firm compensated? Are you a fiduciary?

As fee-only advisors, we are compensated only by our clients. Like most fee-only advisors, our fees are based on a percentage of assets under management (AUM).

As a fee-only advisor, we don’t sell products like insurance or earn revenues from third parties. We do not receive commissions from transactions. 

As a SEC-registered investment advisor and fiduciary, we’re always working in your best interest.

What are your fees? Do you have a minimum?

Our wealth management program encompasses investment management and ongoing advisory support. The annual fee depends on the portfolio size, starting at 1% of assets under management. Management fees decrease on the entire portfolio as the asset level increases.

We have an investment minimum of $2,000,000 (upcoming liquidity events may qualify). 

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