Why should I work with PacWest?
We are independent and locally owned. PacWest has been based in Phoenix since ‘97 and Grace, the owner and CEO, has been a part of the investment community since 1979.
The investment platform is built on open architecture because we do not have any proprietary products. We are fee-only which means that we do not sell products of any kind. This means there are no potential conflicts of interest that keep us from doing what is best for our clients.
We are service driven. We meet and communicate with our clients frequently. We do not use voice mail during office hours, so when you call, you will always talk to a live person. We are flexible and adapt to meet our client’s needs. We know all our clients and understand what is important to them.
We have a team of professionals that has the credentials to offer solutions for all areas of our client’s financial lives. We have CFAs to construct investment portfolios. We have CFPs for financial planning and we use outside CPAs for tax planning.
Finally, we do our own investment research so we are fully accountable for our investment decisions.
If those traits appeal to you: local and independent, service driven, fee-only, credentialed team of professionals, and investment accountability, then please contact us to schedule a free no-obligation consultation.
How do I know if I need professional wealth and money management?
You may want to consider hiring a professional money manager if you do not have the time, interest or knowledge to manage your portfolio. We know that your pool of assets represents years of hard work and savings by you or someone you love. We would be honored if you chose us to manage those assets for you and ease your burden of having to worry about whether you are making smart financial decisions. We will ensure that your money is being managed prudently for the long-term and that there will be wealth to pass on to future generations. We can also help guide you through the tax, insurance, and estate planning implications of your wealth.
Who are your clients?
Our clients are predominantly high net-worth individuals focused on wealth preservation and wealth enhancement. We also manage assets for institutions, endowments, pensions, trusts, retirement accounts and foundations.
What is it like to work with PacWest Financial Management Inc.?
You can expect to work closely with us. During our first couple meetings, we will ask for your input in order to help us construct a suitable portfolio and financial plan for you. We will ask you to fill out a detailed questionnaire that will gather information on your financial positions, investment objective, risk tolerance and time horizon. Based on this information, we will create an investment plan with recommended asset allocations and securities selections and invite you back to review and approve your personalized plan. Then, we will start managing your accounts on your behalf.
If you already have a portfolio, we will evaluate what you have and create a personalized plan to improve your portfolio. We will recommend, and upon your approval, execute specific investment actions to improve your financial position. These may include slowly diversifying out of a concentrated position in one stock, selling underperforming mutual funds, buying tax-advantaged bonds, or adjusting cash reserves.
Trusting your investment advisor is a very important part of this relationship. We will earn your trust by providing the appropriate level of service, exercising care in managing your assets and being sure to communicate frequently.
What services does PacWest Financial Management Inc. offer?
We are a fee based investment advisory firm. We do not sell any products nor do we receive any commissions for investments we put into our clients’ portfolios. This allows us to focus solely on providing unbiased advice that is in the best interest of our clients.
You are paying our firm to be your personal money manager, to research investment ideas, structure your portfolios, monitor your investments, update you on how your portfolios are performing and to make adjustments on an as needed basis. In short, we worry about your money so you don’t have to.
We also act as your overall financial coordinator and take an interest in all matters that affect the financial health of you and your family. We are prepared to give you input on issues regarding basic retirement, estate and tax planning. In situations where additional technical help is necessary, we can recommend trusted advisors to help you.
Portfolio accounting, administration and informational tax reporting are included at no additional charge.
How do you select investments?
Each portfolio can include stocks, bonds ETFs, and mutual funds. We select investments based upon in-house research, valuation models, company-specific and industry-specific news and trends, as well as reports from outside analysts.
Individual stocks are selected from a database of 6600 stocks. We narrow the list down to approximately 150 companies that we believe will be the successful competitors in their respective industry. From this list, about 45 companies are selected for the portfolio based upon earnings growth, and relative valuation.
If our clients need income or want less volatility in their portfolio, we may use government, corporate and municipal bonds to lower volatility and generate cash flow. We select bonds based upon attractive yields relative to their credit ratings, maturities and other criteria. Only bonds that are investment grade rated are used.
Is my money safe?
PacWest Financial Management Inc. is not a broker/dealer and is not the custodian on any of our clients’ accounts. PacWest does not hold any cash or securities for our clients. All assets and cash are held at outside broker/dealers or at our affiliated trust company with insurance coverage provided by them. The cash transactions are between the client and the custodian.
