We are an independent fiduciary wealth management firm.

What does that mean for our clients?

Bay Harbor Wealth Management ("BHWM") is an ensemble practice with a fiduciary duty to our clients.​ Each of our clients has a team of professionals - not just one advisor - working for them that acts only in the client's best interests.

As an independent wealth advisory firm, we are not subject to the restrictions and bureaucracy imposed by large Wall Street or national wire houses. Those advisors are subject to pressures from their upper management and shareholders to create and deliver proprietary products that are lucrative to the firms, but most often do not serve the clients' needs. Being an independent allows us to truly act in our clients' best interests.

We get to know our clients - their individual needs, goals, preferences - and tailor investment portfolios based on the individual objectives and risk tolerance of each client.

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Each client's investment plan will be unique to their circumstances, but we have fundamentals that we adhere to when constructing portfolios. We build our portfolios with the objective of meeting the client's needs, goals and risk tolerance while withstanding the inevitable ups and downs of the market.

Behavioral Finance Guidance

A key aspect of weathering market volatility is not acting on the emotions it can invoke. Market fluctuations plus the constant barrage of stories and conflicting opinions that individual investors are exposed to can be overwhelming and, understandably, can cause investors to ultimately make financially damaging decisions driven by emotion or misinformation.

We help clients see through the fog of information and ride through the market instability, keeping them grounded to stick to their plan and adjusting it when needed based on thorough analysis and understanding.

The Value of Comprehensive Wealth Management

Investment management is just one piece of wealth management. Our financial planning professionals create personalized financial and retirement plans utilizing leading financial technology tools and working closely with clients to implement their plans and help them stay on track toward their goals.

The Constitution of a BHWM Portfolio

  • Diversified
  • Disciplined
  • Tax-efficient
  • Specific to risk tolerance (ranging from conservative to aggressive growth)
  • Specific to portfolio objectives (income targets, capital appreciation, wealth preservation)

Premium Technology Tools

We have partnered with some of the leading FinTech companies to fortify our firm with tools that empower us to deliver high-quality, efficient, secure service to our clients.

We keep a finger on the pulse of the financial technology industry, regularly evaluating the tools we utilize and others that become available to ensure our selections remain in the best interests of our clients and are among the most highly regarded in the “Financial AdvisorTech” domain.