Our Philosophy
Portfolio Management Personalized
At BWM, four principles guide all our actions: (1) work ethic; (2) integrity; (3) competency and knowledge; and (4) professionalism. We keep our focus on each client’s individual needs and work in a collaborative effort to achieve each client’s lifetime goals and objectives.
Please Note: Baystate Wealth Management, LLC (“BWM”) does not serve as an attorney, accountant, or insurance agent. Baystate does not prepare estate planning or any other legal documents or tax returns, nor does it sell insurance products.
Mitigating Risk
We believe that real loss is more important than opportunity loss for most clients. Therefore, the foundation of our asset management process is controlling risk. Our investment process and models are designed towards preserving principal and mitigating risk.
-For every client, we create a “Risk Budget” and actively manage passive investment strategies with an eye toward reducing overall expenses.
-To manage risk, assets are allocated across asset classes.
-Individualized investment solutions are designed for wealth protection and mitigation of downside risk.
-Our portfolios are generally invested globally; they capture the appropriate international exposure. We offer other strategies such as domestically biased and dividend biased portfolios. Our hallmark is Wealth Management – Personalized.
There is no guarantee that any risk mitigation or investment strategy will be successful. Investing involves risk and the potential to lose money.
Global investing generally involve increased risk and volatility compared to U.S. investments due to potential political and economic instability, currency fluctuations, and differences in financial reporting, accounting standards, and oversight. Risks are particularly significant in emerging and developing markets.
Constant Communication
BWM assigns a dedicated, multi-discipline team of professionals, each of whom brings to the table a specific set of skills, with the singular purpose of providing a comprehensive, customized solution for each client.