Our philosophy is simple – but by no means easy. First, we must understand the investor. Only then can we begin to manage the investments. The Joyce Protocol, then, has evolved as a way to put this philosophy into practice. How it works is immediately evident in how we approach the needs of our clients.
With methodical precision, we walk each of our clients through an “investment checklist” that prepares us to provide a thorough, personalized plan for achieving financial goals.
We start with a meeting where we ask the questions that will frame your wealth management strategy: What are your wishes? What is your family status? What about your children and their education? Your elderly parents' needs? Your own retirement?
We will then ask you to fill out our, Asset Analysis Profile in order to gain a thorough understanding of you and the responsibilities your assets will be required to fulfill — from philanthropic commitments to planned asset protection for the care of future generations. This profile can serve as something of a "reality check" for you as well.
After you've completed our profile, we'll spend approximately one week using a number of sophisticated analytical tools — including The Monte Carlo Simulation, a dynamic financial forecasting method — to perform our own analysis of your investments. We generally spend another week evaluating our results and making the suggestions we believe are necessary to improve your financial picture.
We take a highly systematic approach to crafting your individual portfolio — never sacrificing long-term objectives for short-term fads. Balancing proven methods with innovation, we employ classic economic models while acknowledging the value of a little volatility and the importance of financial behavioral tends.
Drawing on these methods, we'll use what we've learned about you to develop personalized allocation, diversification and risk management strategies designed to direct your assets to growth and reduced volatility. We place special emphasis on ensuring that the risk taken in your portfolio matches your true risk tolerance.
Once You've approved our recommendations, we'll begin the process of putting them to work. As we implement the pieces of your plan, we'll handle all of the practical affairs and paperwork and keep you updated each step of the way.
As the process continues, we remain committed to our protocol. We'll carefully and consistently monitor your portfolio's success, holding regular reviews and additional meetings as needed to keep you informed of the success of your plan and The factors affecting it.
And as you achieve goals and look forward to new ones, we'll take steps to ensure that your plan adapts to changes in your life and in the markets.
Please keep in mind that diversification and asset allocation do not ensure a profit or protect against a loss.