Take a moment and think about how you typically drive down a road. The majority of time you look ahead, constantly assessing factors like road conditions, other traffic, and speed. Only occasionally do you glance in the rearview mirror. Now, what if you tried to do it the other way around? It wouldn’t be long before you wound up wrapped around a telephone pole.
Cadinha & Company believes that wealth management works much the same way. We’re rarely driving in familiar territory these days. Therefore, we don’t put much faith in how investments performed in the past. Or in worn-out ideas such as Modern Portfolio Theory or being 100% invested in the market.
We don’t think like a typical financial adviser. Because, at our core, we’re risk managers. We’ve put together some questions to ask yourself. And in some cases, included our thoughts for you to consider. If you find yourself nodding in agreement, we could be the right investment adviser for you.
Our financial advisory fees are simple and straightforward: an annual 1% fee for portfolios between $1 million and $3 million and lower fees (as low as .40%) beyond that.Learn More
With separate accounts and individual securities, we have the ability to customize a portfolio and investment strategy that’s tailored to you in a way that holding products like mutual funds cannot be. Let's take a closer look and compare the two approaches side by side:Learn More
Does your financial adviser have a clear investment philosophy?
Cash is king. If you’ve got it, you have the power to say “when” and pounce on an investment opportunity without having to sell an asset you like and getting hit with a tax. Holding cash also allows you the luxury to sit on the sidelines until risk subsides.Learn More
Does your financial adviser take into consideration how the national debt, global debt, government spending, regulations, interest rates, unfunded pensions, tax rates, stimulus, currency fluctuations, health care, emerging markets, inflation, deflation, terrorism, immigration, China, Russia, unemployment, the dollar, oil, the technical revolution, and the lack of 76 million baby boomers buying and furnishing homes and raising families affect your investments?
Do you know what you're invested in and why?
If your portfolio is down 20% this year but your financial adviser’s benchmark of, say, the S&P 500 is down 25%, your adviser would call you a winner. In fact, he’d probably even expect a pat on the back. After all, you “beat” the market. But, hold on, you’ve just lost a fifth of your life’s savings. Hip, hip, hooray?Learn More
Investing can often seem like a dark desert highway, especially if you're not an expert. So when you see a shimmering light, it's tempting to want to check in. That's the lure of annuities. Such a lovely place. But as the well-known song suggests, anything that appears too good to be true probably is. And annuities, while tempting, have some pretty big downsides. So big that we don't recommend them. And make no mistake about it—annuities are never bought, they're sold.Learn More
Have you been sold products vs. been advised?
Cadinha & Company investment advisers are registered by the Securities and Exchange Commission and the Investment Advisers Act of 1940. As named fiduciaries under this law, we must operate under a higher standard of responsibility to our clients. In other words, as fiduciaries, we are legally obligated to look after you, not sell you.
Many financial advisers are not fiduciaries and therefore have no such obligation. Some approach their practice simply as a means to make sales and collect sizable commissions and fees. They sell all kinds of products like mutual funds, annuities, structured notes, limited partnerships, hedge funds and managed futures. We sell no products, collect no commissions and have no sales quotas or selling bonuses. We want no conflicts like these to cloud our judgment when making investment decisions for our clients.
For most, “conservative” means investing in cash and perhaps bonds. Conventional wisdom supports this: bonds are always more conservative than stocks and one can’t go wrong holding on to cash. But is this always the case?Learn More
Is your life's savings at risk?
Risk is everywhere, whether your financial adviser downplays it or not. Once you get it out in the open, though, better decisions can be made and risk can be managed to your benefit.Learn More
How ready are you to weather a down market?