Wealth Management is extremely important for individuals and families at all stages in life. Here at Mendel Money Management, we take this responsibility very serious. We recognize that each individual has different needs and risk preferences. Therefore, we take a different approach for each client based on their unique objectives.
We partner with many different brokers and research firms that bring us research from many different prospectives. We take both a bottom-up and a top-down approach to our research, looking at industry and economic trends and combining them with individual company data to discover the investments that we choose for our clients. Meeting with the management of the companies is a crucial part of our investment process.
Asset allocation is more critical than the individual investment choices. There are two aspects of asset allocation that set us apart from many other firms. Initially, we work with our clients on a target allocation (i.e. how much should be invested in stocks and bonds). From there, as conditions warrant, we may move some of the stock portfolio into cash. This can help lessen the impact of a steep market decline. While we believe that it’s very difficult to predict the daily movements in the market, we try to predict when a major recession is approaching and move a portion of our client’s stock positions into cash to create a more defensive posture.