Every new relationship starts with a careful examination of all your current holdings. We then meet with you to discuss our recommendations, and we will take no actions without this discussion. Our goal is to make sure that your portfolio makes sense for your overall objectives. We understand that taxes and fees are an important consideration, so we strive to be very cost effective if we need to make changes. Ways we achieve this goal are to capture your unique willingness and need to take on market risk via appropriate diversification. We look to minimize the expenses involved in investing; to manage for appropriate asset location between taxable and tax-sheltered accounts; and to eliminate any unnecessary complexity within the collection of accounts within your portfolio. If existing holdings lend themselves to these objectives, we leave them in place. If changes are warranted, we work with you to ensure any transitions occur as smoothly and cost-effectively as possible.