Let’s face it, divesting from fossil fuels can be a challenge. Who has the time to study the market, choose the right investments and rebalance one’s portfolio on an ongoing basis?
Fortunately, with Divest Now™, you don’t have to.
Sophisticated portfolio management services used to be reserved for the wealthiest investors. Not anymore! Now, through Divest Now™, Encore Wealth Advisors makes professional advisory services available to anyone with $100,000 to invest.
Divest Now™ is Encore Wealth Advisors’ automated investment advisory service. This sophisticated technology uses an advanced algorithm developed by Charles Schwab & Co, Inc. to build, monitor and rebalance your portfolio – so you don’t have to.
ETF Strategic Model Portfolios
Divest Now™ utilizes ETF strategic model portfolios offering:
- Broad-market equity and investment grade fixed income exposure that is fossil fuel free.
- Diversified index investments that can help alleviate active manager risk in portfolios through lower return variability and low turnover.
- ETFs for potential tax efficiency, transparency, and low costs.
- Remarkably low costs, with weighted average expense rations ranging from 0.08% to 0.20%, enabling investors to keep more of their returns.
You will get a diversified portfolio composed of low-cost exchange-traded funds (ETFs) and stay on track with automatic rebalancing. Divest Now™ monitors your portfolio with daily check-ins, and automatically rebalances your portfolio to keep your investments consistent with your selected risk profile. By buying underweight and selling overweight asset classes we are able to increase investment growth and reduce volatility over time.
One of the most effective tools for offsetting investment-related taxes is tax-loss harvesting: selling a security that’s lost value in order to offset the gain on another security, and then replacing the sold security with a similar security to keep you portfolio allocation on target. This can be a complicated and time-consuming strategy, so up until now it was only available to the wealthiest investors. But now, with Investing in Balance™, tax-loss harvesting can be handled automatically.
Reporting and Monitoring
Divest Now™ provides access to account information online that details holdings and performance in real time. We also meet virtually once a year and are available by email throughout the year to discuss your progress and any changes in your situation that might warrant changes in your portfolio. In addition, Charles Schwab is available 24/7 to deal with any technology issues that you might face.
Fees matter. Typically, fee-only financial advisors charge one percent of your assets under management on an annual basis. Over time, this can make a big dent in your bottom line. As a result of this advanced technology, Encore Wealth Advisors is able to provide this service for half of what you would typically pay a financial advisor, or one half of one percent of your assets annually.
Unlike other automated platforms, you also gain the benefit of a personal relationship with a Certified Financial Planner with over 15 years experience who is familiar with you and your portfolio and is available to you by email throughout the year at no additional cost.
The minimum investment for Divest Now™ is $100,000.
It only takes a few minutes via website or mobile app to complete an investor risk profile that is mapped to a portfolio based on the assessment of your profile. We review the results, and upon approval the money is invested. This is a paperless account opening and funding experience.
Link your bank account for easy funding. Consolidate retirement accounts with 401(k) direct rollovers or account transfers.
Our Paperless Process:
Step 1: Click Institutional Intelligent Portfolios™ Client Portal which will direct you to Institutional Intelligence Portfolios (The Charles Schwab Corporation). Download Mobile App: Institutional Intelligent Portfolios. Click Get Started and Enter Advisor Program Key: ZLKP
Step 2: Complete enrollment and funding for your new account. Within 24 hours you will receive the following email from Encore:
Encore Email via DocuSign – Complete the account set up with your eSignature.
Step 3: Once you have eSigned the documents, your account will be accepted. Account information and statements can be accessed via website or mobile app.
Remember to key in your access code — ZLKP — when initiating your account.
To get started, visit the Institutional Intelligent Portfolios™ Client Portal.
If you still have questions, please fill out this form to schedule a conversation with Mark.