Foldes Financial Management, LLC
9150 South Dadeland Boulevard
Suite 902
Miami, FL 33156
Our Firm
Foldes Financial Management LLC provides investment management services for high net worth individuals, retirement plans, trusts, foundations and endowments. We also provide comprehensive financial planning to individuals and their families.
Nationally recognized for its innovative investment strategies, Foldes Financial Management LLC specializes in providing customized hedging solutions for their clients.
Who We Advise
We advise those who can profit from our knowledge, experience and independence.
Our clients include:
- Individuals and their families
- Retirement Accounts & Pension Plans
- Trusts
- Foundations and Endowments
- Estates
- Small Businesses
- Charitable organizations
Each client relationship is unique, typically involving on-going investment management and/or comprehensive financial planning. This relationship is designed to assist our clients in generating income, increasing the value of their assets, providing for retirement, minimizing income and estate tax liability and dealing with issues of risk protection and management.
Investment Philosophy
Foldes Financial Management LLC is an active and passive global investment manager focused on delivering consistent long-term performance through uniquely constructed asset allocation portfolios.
We believe that successful investing is defined by helping our clients determine and meet their investment objectives. Our research based investment philosophy is founded on four key principles:
- Asset Allocation including Alternative Investments
- Portfolio Structure
- Use of Specialist Managers
-
Continuous Portfolio Management
Asset Allocation including Alternative Investments
Asset Allocation is the central theme of the Foldes Financial Management investment philosophy and the dominant factor in determining total portfolio return.
Studies have shown that asset allocation decisions account for more than 90% of the variation of total returns. Therefore, the overwhelming determinant of the success of an investment strategy is not which securities or mutual funds were bought and sold, but how the assets were divided among the various asset classes.
Portfolio Structure
The stock and bond markets are composed of numerous styles and sectors (i.e. large cap growth, small cap value, government bonds, corporate bonds, etc). To access the return potential of the financial markets and reduce risk, a portfolio must be diversified within each asset class as well.
This is one of the major areas of Foldes Financial Managements` research focus with carefully designed strategies for the domestic equity market, the international equity market and the fixed income market as well as the use of alternative asset classes to mitigate risk and reduce the volatility of our clients’ portfolios.
Specialist Money Managers
To implement these asset management strategies, we utilize a global network of specialist managers who invest in distinct sectors of the markets.
Specialists, who adhere to a distinct investment discipline, such as large company growth managers, have an opportunity to hone their approach and to anticipate changes within their area of the market. This focus provides the opportunity for greater consistency and predictability of results.
The use of specialist managers is consistent with our view on diversification across and within asset classes. Selecting experts in the various sectors and styles ensure full coverage of the market. This coverage ensures that the targeted allocation to stocks, bonds, cash and alternative investments is being maintained.
Continuous Portfolio Management
Portfolio management is a continuous process. Once needs are defined, a plan developed and a strategy implemented, an ongoing confirmation and re-evaluation takes place.
There are two critical components of this process.
- First, each portfolio is rebalanced regularly (being sensitive to tax implications) to assure that the mix of assets defined to achieve goals is constantly in place. Rebalancing reduces risk and keeps the investment plan on the right course.
- Second, we constantly "rehire" the managers in our global network. Each manager is continually monitored and is subject to replacement should they fail to achieve stated goals or deviate from their stated philosophy or process.
Our Team
Steven Foldes CFP®™, J.D., CMFC is the President of Foldes Financial Management, Inc. which manages assets valued at over $350 million for approximately 250 clients.
David W. Austin CFP®™, is a Fee-Only Financial and Investment Advisor and a Certified Financial Planner licensee. His areas of specialty include investment portfolio design and management, pre- and post-retirement planning, tax planning, and estate planning.
Michael Hoeflinger is a Fee-Only Investment Advisor. Mr. Hoeflinger researches investment opportunities and constructs diversified portfolios for individuals, retirement plans and charitable organizations.
Nyika Z. Plowden, RP, has been with Foldes Financial Management since December, 1997 and is currently our Director of Operations.
Please be aware that Foldes Financial Management, LLC has a portfolio minimum of $500,000 to accept inquiries through this directory.
