Barron's Advisor Hall of Fame ABOUT US WORKING WITH YOU SERVICES NEWS BLOG CAREERS AT WALDRON CONTACT LOGIN GOAL BASED INVESTING Benjamin Greenfeld, CFP®, Partner and Chief Investment Officer, illustrates the wisdom of an investment model based on needs and objectives. “We sometimes speak with potential clients who expressly ask us to ‘manage my portfolio’—in essence, simply monitor investments. We explain that in so doing we’d be ignoring all the other factors that significantly impact a client’s financial life, and request that they let us undertake a thorough review of their finances only after sitting down with them to identify and clarify their goals. One couple, who initially thought any goal setting beyond “maximize our investment” was unnecessary, came to realize its importance when we pointed out the vulnerabilities in their initial, investment-only plan.” Our Advice An investment plan with a poorly constructed estate plan meant that the client was potentially taking on unnecessary risk, with the government being the biggest beneficiary of the future gains. Estate documents detailing how assets would be divided among children and charities did not include the proper follow-through to ensure those wishes would be carried out. We recommended a few simple steps such as changing the titling on some accounts and adjusting beneficiaries. Client’s portfolio diversification had been based wholly on containing both equity and fixed income securities. We designed a portfolio allocation that was consistent with their ultimate goals. The new portfolio focused on generating cash in both the right timeframe and the amount needed to support their desired retirement lifestyle, while simultaneously building a legacy for their children and grandchildren. Interested in learning more about goal-based investing? View our additional resources and get a free copy of John Waldron’s “The Entrepreneurial Journey” below. Team Members Who Can Help Benjamin Greenfeld Joseph Palmieri Matthew Helfrich INVESTMENT MANAGEMENT SERVICES More Asset Allocation Manager Selection and Monitoring Performance Reporting Concentrated Stock Position Management Review and Reporting of Non-Managed Accounts Private Equity Tracking After Tax Return Analysis Investment Location Structuring EXPERTISE FOR EVERY SCENARIO | Business Sale Strategies John J. Waldron, CEO and Founder, highlights pre- and post-sale approaches to maximizing the sale of a business. More Preparing Your Kids for Wealth Matthew Helfrich, Partner and President, relates how Waldron helps heirs grow into responsible stewards of their family’s wealth and legacy. More Compensation Advice Robert H. Wyche, Partner and Managing Director, shows how we help highly compensated corporate executives and other professionals to make the most of their compensation packages. More Supporting Your Family Office Michael Krol, CFP®, CPA, Partner and Head of Wealth Advisory, explains how Waldron efficiently helps family offices provide expanded services for their clients. More ABOUT US WORKING WITH YOU SERVICES NEWS BLOG CONTACT LOGIN 44 Abele Road, Suite 400 Bridgeville, PA 15017 • Phone: (412) 221-1005 • Fax: (412) 221-2005 3303 Water Street N.W., 3F Washington, DC 20007 • Phone: (202) 656-8587 • Fax: (202) 573-8894 Privacy Policy Terms of Use Disclosure Copyright © 2014 Waldron Private Wealth. All rights reserved. For information about Forbes list of America’s Top Wealth Advisors methodology, click here Barron’s factors included in the rankings: assets under management, revenue produced for the firm, regulatory record, quality of practice and philanthropic work. For more information about Barron’s methodology, Click Here For information about AdvisoryHQ’s best financial advisors in Pittsburgh methodology, click here For information about the methodology of the Financial Times list of the top US registered investment advisors, click here All Best Places to Work winners are determined exclusively on the basis of their employees’ responses to the Best Places to Work Survey. Employee responses from the 30 standard survey questions, along with the number of employees that respond to the survey, are calculated to determine the company’s overall score and ranking. For information about Pittsburgh Business Times methodology,Click Here