Broker Check

BWA Moderate Conservative portfolio

BWA Moderate Conservative portfolio update as of June 2020.

Compliance approval: 1-05021246


We added 5% to "Alternative" investments in our Conservative and Moderate Conservative portfolios on 3/31/2020.  Our Goal was to provide income to our portfolios.  The due diligence on these investments started in March of 2018.  We completed all of the client paperwork from 5/2019 to 12/2019 (*Remember lots of paperwork and DocuSign emails) so that we could add these investments into 3 of our discretionary portfolios.

We added 5% of these investments to our Moderate portfolio as of 4/9/2020.  We plan to bump these investments to 10% within the month.  Call it a "work in process".  Please call if you have any questions as we are very limited in what we can put here on our webpage as these are complex products.  The video below gives our clients a general overview.  Please call Amy at 781-772-2470 or 401-383-1500 if you would like to schedule a 15 minute call to review how these products work.

Want to learn about Buffered Notes?

**Click here to learn more.**

LPL Tracking #1-602642

Alternative investments may not be suitable for all investors and should be considered as an investment for the risk capital portion of the investor’s portfolio. The strategies employed in the management of alternative investments may accelerate the velocity of potential losses.

Compliance 1-982230


 (**Special Guest via ZOOM**)

BWA Moderate Conservative Portfolio update for April 2020.

Alternative investments may not be suitable for all investors and should be considered as an investment for the risk capital portion of the investor’s portfolio. The strategies employed in the management of alternative investments may accelerate the velocity of potential losses.

Compliance approval: 1-5002594

BWA Moderate Conservative video updates for January 2020.

Compliance approval: 1-949569


Our Most recent Allocations, Risk Numbers and Reports:



Pie Chart Allocation Jan 2020

Riskalyze BWA Mod Conservative Jan 2020 rebalance

MorningStar report for the BWA Mod Conservative portfolio Jan 2020

Fi360 Fiduciary report on the BWA Moderate Conservative Model Jan 2020

*RSIGX has a yellow 10 year number #51 of 309 - we were not invested in this fund back then and it has different managers who have been doing great 1, 3 & 5 years*


“All references to “portfolios” refer to our client portfolio strategies.”

Compliance approval: 1-919572 (11/26/2019)


Compliance approval 1-858524 6/4/2019




BWA Moderate Conservative (*Click here for larger image/To print)


BWA Moderate Conservative Stress Test click here to open/print a larger image


August 2019 allocation adjustment: Risk Number reduced from 21 down to a 9

BWA Moderate Conservative (*Click here for larger image/To print)


May 2019 update: Risk Number = 21

BWA Moderately Conservative Riskalyze report - May 28 2019

BWA Moderately Conservative_05.30.19 Fi360 report

BWA Moderately Conservative Morningstar 5.2019



March 2019 updates: Risk Number = 26

BWA Moderately Conservative Portfolio Riskalyze - March 18 2019

Fi360 BWA Moderately Conservative_03.15.19

BWA Moderately Conservative Morningstar report as of March 2019



Compliance approval 1-814433 1/23/2019  

No strategy assures success or protects against loss. Past performance is not a guide to future performance. Bonds are subject to market and interest rate risk if sold prior to maturity. An increase in interest rates may cause the price of bonds and bond mutual funds to decline. Net Asset Value (NAV) — The NAV represents the per share/unit price of the fund on a specific date or time. Investing in real estate securities involves risks including the potential loss of principal. Real estate equities are subject to risks similar to those associated with the direct ownership of real estate. There is no guarantee that a diversified portfolio will enhance overall returns or outperform a non-diversified portfolio. Diversification does not protect against market risk. The value of investments, as well any investment income, is not guaranteed and can fluctuate based on market conditions Alpha — Measures risk-adjusted performance and is generally calculated as the difference between the returns of an investment and its benchmark.

November 2018 updates: Risk Number = 29

Moderate Conservative Portfolio Fi360 Report Nov 2018

BWA Large Mod Conservative Mstar Nov 2018

BWA Small Mod Conservative Mstar Nov 2018

BWA Moderately Conservative Portfolio Riskalyze Report Now 2018


9/18/2018 changes

We replaced Goldman Sachs Global Income with Hartford World Bond fund.  Rationale – Goldman Global Income is under performing YTD and over a 1yr period vs Hartford while taking on a similar amount of risk.  The duration on Goldman is higher than Hartford World Bond so it is more sensitive to rising interest rates.

5/2018 rebalance

Moderately Conservative Model - we have added a US equity allocation to the options based sector by adding JP Morgan Hedged Equity (symbol JHEQX). This fund is designed to participate in equity market gains while decreasing risk in a declining market scenario which we believe is a perfect equity solution for this model. We also changed our international equity allocation by adding Janus Henderson Global Equity Income (symbol HFQIX). This fund is a conservative international equity investment with an emphasis on dividend paying companies outside of the United States.

On the fixed income side of things, similar to our other models, we have decreased our allocation to global bonds and intermediate term bonds due to the current interest rate environment. We did replace this allocation with some shorter duration and bank loan positions by adding Virtus Newfleet Low Duration Income (symbol HIBIX) as well as Oppenheimer Senior Floating Rate (symbol OOSYX).


Moderate Conservative changes May 2018 *Click here to listen ~1 min*

BWA Large Moderate Conservative Mstar report

BWA small Moderately Conservative Mstar report


Compliance approval 1-806711 1/3/2019