Investment Management

Most clients choose to have Pettinga Financial Advisors manage their assets in order to obtain ongoing in-depth advice and life planning. All aspects of the client's financial affairs are reviewed. Realistic and measurable goals are set and objectives to reach those goals are defined. As goals and objectives change over time, suggestions are made and implemented on an ongoing basis. We actively manage client assets to assist you in accomplishing your objectives. A financial plan is crafted from a snapshot in time. Ongoing implementation assistance is necessary to continually adjust and tailor your portfolio to adapt to your life events.

We prepare an Investment Policy Statement in the form of an Excel spreadsheet, prior to investing your assets so that you may review the investment approach and the investment selections. The Asset Allocation serves as the road map to guide our efforts. When substantial changes in your circumstances occur, we modify the Asset Allocation to suit the new situation.

Client assets are invested primarily in no-load mutual funds, usually through a discount broker or mutual fund company. The mutual fund company charges each mutual fund shareholder an investment management fee that is disclosed in the mutual fund prospectus. Discount brokerages may charge a transaction fee for the purchase of some mutual funds. Stocks and bonds may be purchased through a brokerage account when appropriate. The brokerage firm usually charges a fee for stock and bond trades. Pettinga Financial Advisors receives no compensation from asset purchases or sales.

The investment strategy for a client is based upon the objectives stated by the client during consultations. The client may change these objectives at any time.

We do not assume custody of a client's assets. The client always maintains asset control.