About Us
Our mission is to deliver an excellent wealth management experience to our clients
We understand that clients have many options when it comes to choosing a financial advisor, therefore we believe that in making financial decisions, it is helpful to have a disciplined, objective, unbiased, and trustworthy partner who delivers advice based on an intimate understanding of a client’s needs and objectives. We believe Black Swan Wealth Management can be that partner.
Our guiding principle is to always do what is in the best interest of our clients.
Investment Philosophy
A Deeper Understanding of the Markets
At the core of our investment approach is a belief in the markets, not managers. This belief is supported by the research of Eugene Fama, a leading American financial economist. His quantitative analysis of decades of market performance showed that stock prices tend to reflect a company’s value accurately and quickly, making it very difficult to consistently capture excess returns without excess risks.
So, instead of attempting to outsmart the markets, we build diversified portfolios that offer investors broad exposure to all markets. Some may refer to this as passive investing, but there’s nothing passive about engineering a portfolio that we believe delivers a more sophisticated, less expensive approach to benefiting from the built-in efficiencies of the markets.
Don’t try to beat the markets. Benefit from them.
The Intelligence of Diversity
Harry Markowitz, the winner of the Nobel Prize in Economics, introduced modern portfolio theory, which showed that diversifying across a wide variety of assets increases return for a given level of risk. Therefore, we build our portfolios by not just investing in hundreds of stocks but thousands of them, not just across the U.S. market, but across the world.
This approach to broad diversification allows you to take advantage of different types of investments and how they react differently to the same market conditions. For you, the goal is to be properly positioned so that when one goes up, you’ll be there to reap the gains, and when another goes down, you’ll never be overly exposed to its losses.
Don’t dabble in diversification. Master it.
A Calculated Approach to Risks Worth Taking
To optimize returns, we believe there are some risks that may be worth pursuing. By applying research from some of the world’s leading academics to guide how we weight our portfolios, we place an emphasis on stocks over bonds, value stocks over growth stocks, and small company stocks over large company stocks.
Realize that different types of investments and/or investment strategies involve varying levels of risk, and there can be no assurance that any specific investment or investment strategy will either be suitable or profitable for your portfolio.
Optimize rewards by better assessing risks.
A Skillful Approach to Efficiency
While we believe in designing portfolios that are highly diversified, we also believe they should be highly efficient. We go to exceptional lengths to minimize losses to income taxes, transaction costs and other inefficiencies. We employ a mix of funds designed to avoid unnecessary transactions and therefore manage costs at the fund level and the portfolio level.
Engineer highly efficient portfolios.
Our Founder
Ryan C. Groves
Principal, Ryan C. Groves holds degrees in both Finance and Business Management. Ryan has been in the financial services industry for more than 15 years… as a Financial Advisor working with individuals and families as well as a Regional Business Consultant where he used his knowledge and expertise to educate other Financial Advisors about a better way to run their businesses, by focusing on keeping the client’s total investment expenses as low as possible while improving investment quality and client service.
This combination of skills and experience gives Ryan a unique vision to guide Black Swan Wealth Management going forward.
Why Black Swan?
Investopedia defines a “black swan” as an event or occurrence that deviates beyond what is normally expected of a situation and that would be extremely difficult to predict.
At Black Swan Wealth Management we recognize that some events can be unpredictable, but we can certainly plan and prepare for the unknown. Perhaps you are blessed with a child unexpectedly, maybe you are unfortunately included in a layoff, or something out of the ordinary happens in the financial markets.
Life happens and our services are centered on helping you achieve your life goals while effectively managing the unexpected.