Higher Ground

Reducing risk is intrinsic to our philosophy and our process. Risk management is embedded in everything we do — every analysis we complete, every plan we develop and every portfolio we build. It serves as a safety net to protect each client’s plan against contingencies — those events and changes that cannot be predicted and, in many cases, prevented. It is designed to protect the plan, guarantee family security, preserve capital and replace income. We take the position that should the phone ring with a client in distress, we have a strategy in place to provide a viable, immediate response to mitigate the contingency.

Role of Risk Management

Risk management can take on many forms depending on the contingency. Our process is designed so that our clients are prepared for life’s contingencies. As part of our planning process we remain prepared to review existing life and long term care insurance policies and develop strategies for optimizing their value. In addition, we have access to specialists in the property/casualty and medical insurance areas who can review client coverages for both effectiveness and premium efficiency.

“Having a risk management safety net in place to protect against life’s contingencies is an essential part of a well-constructed wealth management plan. Without this component, years of care and hard work can be undone by one untimely life event. My job is to make sure there is an effective safety net in place for every client.” – James F. Relyea