Our team left “Wall Street” and established New Harbor Financial Group in 2005 in order to provide our clients with the sort of independent, non-traditional financial advice and investment management which we believed changing times demanded. In recent years, it has indeed become painfully clear to many that a “buy and hold” investment strategy is very unlikely to conserve capital or future buying power, and generally involves a level of risk that is much too great for most investors to bear.
We believe the factors which have caused very disappointing investment results and extreme volatility in recent years are still very much at play: unsustainable public and private debt levels, declining production and supply of natural resources, governments and central banks who seem intent on attempting to “stimulate” a return to so-called “sustainable growth”, and environmental stresses and disasters of massive consequence. As greater and more desperate measures are pursued in an attempt to restore a failed growth model, we fear precious time and resources are being wasted.
Our goal in managing investments is to attempt to minimize risk while seeking to preserve or increase the buying power of our clients’ assets. Toward this end, we diversify opportunistically among equities, precious metals, base commodities, currencies, fixed income, and cash holdings as risks and opportunities for each asset class dictate. We use individual securities, exchange-traded funds (ETFs), a few closed-end or open-end mutual funds, and FDIC insured cash accounts, and we place utmost importance on liquidity and flexibility when choosing appropriate investment vehicles for our client accounts.
Our principals are CFP® practitioners, and we are very much able to guide clients in matters of account titling, retirement account management (including planning for getting funds out of qualified plans), taxation of investments, insurance and annuities, estate planning, debt management, charitable gifting, and more.