A Better Model
Many individuals and organizations with complex portfolios, even at high asset levels, do not have available the professional investment management expertise that large institutions enjoy. Dr. Jonathan Tiemann founded TIA to answer this need. Building on his twenty years of high-level experience in financial analysis and investment management, TIA embodies a unique investment philosophy and implementation strategy. TIA applies academic rigor, institutional experience, precise individual analysis and the leverage of technology (bringing great cost-effectiveness) to the design and management of your unique portfolio. Dr. Tiemann -- a top investment expert -- not a salesperson, works directly for you. TIA analyzes your situation, designs your investment program, manages your portfolio, and restores your confidence.
In traditional investment organizations, the front line staff – the financial “advisors” – are primarily and functionally salespeople, often former "brokers," ordering for their clients from a narrow menu of off-the-shelf investment products. The real investment experts are remote – designing mass-produced, "ideal" portfolios that may be layered with fees (compensating deep sales and distribution networks). Those experts may not ever know you – or your advisor. They may not even work for the same firm.
TIA eliminates the sales intermediary and brings the expert to the center of the process. You discuss your situation, needs, preferences and aspirations directly with an investment expert and receive the benefit of top investment knowledge, experience and analytical power at every step. You know who is managing your investments, and he knows you and your particular needs. And because TIA’s direct approach often eliminates layers of fund managers, distribution, marketing and sales costs, your total cost may be lower, too.
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Individual Focus; Institutional Discipline
TIA’s investment process begins with you, your aspirations and your unique needs. Our investment expert evaluates your time horizon and attitude toward risk – and much more. He looks at other assets such as stock options, concentrated positions, real estate holdings, business ownership and private investments. He factors in the industry exposures from your sources of income, affiliations, geography and more. From this comprehensive analysis comes a customized portfolio plan, which forms the architectural blueprint for your investments. This plan is the most important element determining the success of your investment program.
With your plan in place, TIA applies sophisticated, quantitative, institutional-caliber portfolio management techniques to carefully build and maintain your portfolio. We manage your portfolio the way large institutions manage theirs, relying on established, professional investment disciplines rather than hunches, and remaining independent of any firm’s need to support certain securities in the market. However, TIA takes it a step further, leveraging technology to streamline many complex, traditionally costly functions. The result is a portfolio that is as finely tailored and as specifically fitted to you and your needs as would be a fine, custom tailored suit -- but which is surprisingly competitive in cost.
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Custom Implementation
Portfolio design and portfolio implementation dovetail at Tiemann Investment Advisors. TIA has created a proprietary, quantitative discipline for building custom portfolios that conform to the specifications of each individual portfolio design. Like an architectural blueprint, TIA sets forth its detailed portfolio specifications in terms designed to facilitate this efficient, quantitative implementation. This process allows us to deliver a high degree of individualization and customization in a surprisingly cost-effective way. The expertise embedded in each plan allows the building process to be smooth and efficient, eliminating layers of management and layers of fees. It also facilitates personalization, accommodating preferences regarding individual securities, sectors or investment philosophies. When any aspect of your investment world changes, just talk with us and we adjust your portfolio accordingly. A TIA portfolio strives, at all times, to provide you with the prescribed structure, while constantly remaining mindful of transactional costs and taxes. That is, we do things the smart way.
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Tax Management
Few managers integrate tax impact planning and portfolio management so completely as TIA. Tax management begins with the portfolio plan, and continues as an everyday part of portfolio management. TIA views your entire portfolio as a single entity, spanning your regular accounts, trusts, IRA rollovers, and other accounts. TIA locates different types of assets in different accounts according to their tax characteristics. We position portfolios to utilize the tax advantages that qualified dividends and many bonds enjoy. And we seek to create an advantageous mix of capital losses and gains. TIA’s tax tactics are designed to complement the tax strategy that you and your tax advisors have created.
Tax considerations also come into play when TIA restructures a portfolio. The implementation plan includes a careful examination of your existing portfolio, including its unrealized gains and losses. We may sell a position that has unrealized losses and retain one with unrealized gains to minimize taxes while at the same time establishing the optimal portfolio. Unlike with many larger, more well-known traditional investment managers, you and your portfolio are not force fit into the highly-touted "ideal" portfolio that their remote expert has designed for the ideal client. TIA’s structured, quantitative approach to portfolio management creates far more flexibility and applies far more expertise to these individual choices than does a typical traditional program of separately managed accounts.
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Expertise Where You Need It
Tiemann Investment Advisors is a unique, high-end, professional investment advisory firm, founded by an investment expert, not a broker or banker. Central to the strength of TIA’s service is the background and experience of its founder, Dr. Jonathan Tiemann. Dr. Tiemann has spent more than two decades engaged in financial analysis and investment management at the highest levels. He has developed TIA’s structured approach to bring academic sophistication, institutional professionalism and personal integrity to the management of investors’ portfolios. TIA places that experience and approach directly at your disposal. TIA concentrates its expertise first on designing the right structure for each client. Only then does TIA build the portfolio, using proven, sophisticated, quantitative portfolio construction techniques seeking the most efficient implementation of the structural design. Most ordinary advisors simply cannot marshal enough expertise to tackle that complexity throughout the process.
Dr. Jonathan Tiemann established Tiemann Investment Advisors in 2002 as a California LLC, to meet the need in the market for a high-caliber, high-integrity investment management offering for discerning high net worth individuals. Tiemann Investment Advisors, LLC is a Registered Investment Advisor. Further important information is included in TIA’s Form ADV, Part II, which is available on request.
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