Our Mission
Our mission is to help our clients live meaningful lives. We achieve this aim by taking a broad and comprehensive approach to wealth management.
Our clients rely on us to generate financial plans that match their goals and tailor investment portfolios that align with their plans. In addition, we coordinate a myriad of actions in financial areas such as tax planning, college savings, insurance needs, effective charitable gifting, and concentrated stock planning, just to name a few.
Our clients tell us our comprehensive approach allows them to relax and be confident so that they can focus on living their lives.
Our Core Beliefs
Fiduciary Obligation
Our service model is built on being a Fiduciary to our clients, meaning we are regulated to act in your best interest and proactively identify conflict–always. Our fee structure is based on a percentage of assets under management. We charge no commissions, sell no products, and accept no compensation from anyone other than the client.
Investing Philosophy
We focus on investing, not speculating. Our clients know, or come to know, the difference. We eschew stock picking and market timing—what we call speculating—instead, we focus on investing by building portfolios using broadly diversified, low-cost, tax-efficient index funds in tailored allocations that align with each client’s financial plan.
Disciplined Process
We believe successful investing, and a successful investing experience is centered on process, not emotion. Our process starts with a plan and moves to a well-designed portfolio to support the plan. Over time we manage the portfolio with ongoing actions such as periodic rebalancing and tax-loss harvesting to optimize return while ensuring the plan and portfolio remain aligned.
Portfolio Structure
We are long-term optimists: equity markets move higher over time as companies grow their earnings through human ingenuity and execution. At the same time, we are short-term cautious (not pessimists, just cautious) as markets can turn quickly and stay depressed for a while.
Our portfolio approach embodies both viewpoints: optimism and caution, such that near term capital needs are typically invested with a focus on safety, while longer term capital requirements are invested with a focus on growth.
Costs & After-Tax Returns
Costs play a big role in the net return of a portfolio. This includes costs to own investments, trade investments, and the tax costs of inefficient investments. We are obsessive about minimizing these costs on behalf of our clients to help maximize returns over time.
Your after-tax return is what you spend in retirement. With a CPA on staff, we are rigorous in optimizing your after-tax return, not just through your portfolio design, but also through strategic actions such as mega-after tax contributions to your 401K plan, Roth IRA conversions, deferred compensation evaluation, social security planning, and family gifting, to name a few.
How We Deliver on Our Core Beliefs
High-Touch Service
We communicate with our clients through periodic planning and portfolio reviews. However, when it comes to a big life event such as job change or home purchase, we might connect as many as 10 -20 times during a short stretch. If it’s financially related, we’re typically consulted, as our coaching and expertise can add great value during these transitions.
Integrated Approach
Our integrated approach across investment advising and financial planning strives to align your financial plan with your investment portfolio. When you work with Perspective, no assets are left out of the conversation.
Legacy Planning
For a majority of our clients, we work with younger family members who are just beginning their financial journey. Effective financial decisions and saving during early work years has the largest impact on long-term financial security.
Education
We approach client conversations from the perspective of learning. It is our intention that clients come away from interactions with a better understanding and grasp of the topics of discussion. Most often this entails framing discussions in simple to understand concepts and terms.
Mobile App
Clients can stay abreast of their portfolio through a mobile app on their phone, making it super easy to view all assets, at any time – whether it be 401K accounts, IRA accounts, and education savings accounts.
Relax and be Confident
Meet Our Team
JAMES BAILEY
President and Founder
Perspective Wealth Partners
- How I Help Clients Live Meaningful Lives: In three ways. First, by helping clients envision and discover the life they wish to live, today and in retirement, as well as the legacy impact they wish to have on their family and their community. Second, by creating the financial game plan and portfolio structure to support their unique vision so that they turn their attention to what matters most and worry less about their portfolio. Third, by being a life coach to clients as they navigate the ups and downs and seemingly never-ending threshold crossings in life.
- How I Spend My Time Outside Perspective Wealth Partners: Enjoying nature with my wife and twin daughters. Fishing, running, and reading, as well as volunteering in the community with several non-profits including the YMCA and the Idaho Youth Ranch.
TRAVIS SCHAAT
Senior Advisor
Perspective Wealth Partners
- How I Help Clients Live Meaningful Lives: I meet clients where they are, help identify what is important to them, and then develop a strategic plan to get there. I believe financial peace of mind is priceless. By keeping compassion and professionalism top of mind, I help clients stay informed and confident that they are on their right track. I am committed to finding the little details that can make a big difference in each relationship.
- How I Spend My Time Outside Perspective Wealth Partners: My greatest joy comes from spending time with my wife and three children. Whether we are traveling, boating, biking, hiking, cheering each other on in various sporting activities, trying a new restaurant, hosting a BBQ, or working on a home project, so long as we are together. I also have the best of friends that always have me looking forward to the next time we hang. I’m active in our community and love to coach youth sports and volunteer whenever possible.
ALEX FASCILLA
Associate / Operations Mgr
Perspective Wealth Partners
- How I Help Clients Live Meaningful Lives: By appreciating each client’s unique contribution to the world and embracing them as they are, not as who they “need” to be. This unique identity often ties to their wants, goals, beliefs, and interests, and bolstering their oneness with a path to financial independence is incredibly energizing!
- How I Spend My Time Outside Perspective Wealth Partners: I love quality time with family and friends. Reading, writing, skiing winters, and biking/hiking summers. Making connections. Truly living.
SANDY EMBURY
Client Services Associate
Perspective Wealth Partners
- How I Help Clients Live Meaningful Lives: My daily efforts focus on ensuring that client and advisor administrative needs are met efficiently and thoroughly. I work closely with our advisors to ensure client assets and personal information are handled with integrity. Because I consider the advisors as my clients as well, I work for the success of our advisors, bringing a supportive structure to the organization, which helps to create a positive atmosphere.
- How I Spend My Time Outside Perspective Wealth Partners: My husband John and I have three daughters and three great sons-in-law. Any time spent with my 5 grandchildren is my happy place! I also enjoy exercise, hiking, good books, fun projects, and time with family.