Plan D Investments is an investment advisory firm that offers customized portfolios and financial planning services. With over $200 million in assets under management, Plan D caters to high net worth individuals, families, trusts, and non-profit organizations. In this article, we will take an in-depth look at Plan D Investments, analyzing the pros and cons based on customer reviews and expert opinions. Key factors we will examine include investment philosophy, portfolio customization, fees, performance, customer service and ideal clientele. By the end, you’ll have a comprehensive understanding of what Plan D Investments offers and whether it may be a good fit for your investment needs.
Investment philosophy centers on portfolio customization
At its core, Plan D Investments aims to offer personalized portfolios tailored to each client’s specific needs and risk tolerance. The company does not believe in a one-size-fits-all approach. After thoroughly assessing a client’s investment objectives, time horizon, income needs, and risk appetite, Plan D will construct a customized portfolio using individual stocks, bonds, ETFs, mutual funds, and other securities. This tailored approach allows the advisors to manage risk while seeking to maximize returns within the client’s comfort zone. According to reviews, clients appreciate the individualized attention and portfolios adapted to their unique goals.
Fee structure based on assets under management
Plan D Investments charges an annual fee based on a percentage of assets under management. For amounts up to $3 million, the fee is 1% annually. For assets between $3 million and $5 million, the fee drops to 0.85%. And for assets above $5 million, the fee is 0.75% per year. There are no commissions or account minimums. This asset-based fee model is standard among investment advisors today. It ensures the incentives of the advisor are aligned with the client – the more the portfolio grows, the more the advisor earns. By most accounts, Plan D’s fee schedule is considered reasonable and competitive within the industry.
Strong long-term performance across customized portfolios
While past performance is no guarantee of future results, Plan D Investments has delivered strong returns over the long run. The company reports that its customized portfolios have outperformed their blended benchmarks over 3, 5, and 10 year periods. According to client reviews, Plan D portfolios have generally managed to stay profitable even during major market downturns. The firm monitors risk closely across its clients’ holdings using proprietary tactical strategies. During volatile markets, Plan D may make tactical shifts to raise cash, hedge, or diversify into uncorrelated assets to preserve capital. This active yet prudent approach has worked well, allowing many clients’ portfolios to capture upside while limiting drawdowns.
High-touch customer service caters to high net worth investors
Client reviews indicate that Plan D Investments provides excellent customer service, especially for high net worth investors. Clients have direct access to their dedicated advisor along with support personnel to field requests. The advisors make a concerted effort to educate clients and keep them informed on portfolio changes and market developments. Plan D also creates comprehensive financial plans for interested clients, projecting cash flow needs decades into the future. While the firm courts high net worth clients, it also accepts smaller accounts in the $500,000 to $2 million range. But those with under $1 million may find the 1% annual fee relatively high.
Ideal for customized portfolios, hands-on advisors, financial planning
In summary, Plan D Investments stands out for investors seeking a highly customized portfolio approach coupled with attentive financial advisors and planning services. It is especially suitable for high net worth individuals and families who want an advisor invested in their unique needs and goals. However, those looking for passive index-based portfolios or with assets under $500k may be better served by robo-advisors charging lower fees. Still, for personalized portfolios and a white-glove advisor experience, Plan D presents a compelling option worth strong consideration.
After analyzing customer reviews and the firm’s offerings, Plan D Investments emerges as a top choice for customized investment portfolios and financial planning, especially among high net worth investors. While fees run on the higher side, they seem justified based on the personalized portfolios, seasoned advisors, robust research capabilities, and long-term performance.