Articles by: Bluemound Asset Management

Investment Philosophy

My investment philosophy deviates significantly from most other traditional financial planners. Before working with me it is important that you understand the differences in my approach.  I am a fee-only Registered Investment Adviser. I do not charge commissions. I act as a fiduciary with your best interest as the mandate for […]

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Alternative Investments

I offer special investment programs and strategies that are designed to provide qualified investors with opportunities which might not be available with more traditional investment strategies. These Strategies are specifically designed to be opportunistic and to protect wealth from coming inflation or financial crisis. It is my belief that sometime in […]

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Privacy Policy

Bluemound Asset Management, LLC Privacy Policy We have adopted the following policies to safeguard your nonpublic information which you disclose to us for the purpose of providing you with various financial services. Information we may collect: Information we receive about you on applications, questionnaires, client profile documents and other forms […]

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Code of Ethics

Bluemound Asset Management, LLC

Code of Ethics Summary

The Investment Advisers Act of 1940 imposes a fiduciary duty on Registered Investment Advisors.  Bluemound Asset Management, LLC as a portion of fulfilling its fiduciary duty to clients places each client’s interests as the paramount consideration in all decisions, actions and methods of providing services.

This document will outline both our Fiduciary Duty, as well as, our compliance with rule 201A-1 of the Act.

Our Fiduciary Duty

In recognition of the trust and confidence placed in Bluemound Asset Management, LLC by its clients, and because the Advisor believes that its operations should benefit its clients, Bluemound Asset Management, LLC has adopted the following universally applicable principles.

Clients’ interests are paramount. 

Bluemound Asset Management, LLC places client interests before their own and constantly act in the best interest of the Advisor’s clients.

The Advisor will always attempt to recognize and act in the best interest of its clients.

Further Duties

Investment Advisor Representatives of Bluemound Asset Management, LLC must accomplish all personal securities transactions in a manner that avoids a conflict of interests with its clients, in accordance with the Advisor’s Personal Trading Policy, and report personnel securities transactions at least quarterly to the Advisor.

IARs must avoid actions or activities that allow (or appear to allow) profit or benefit from your position with Bluemound Asset Management, LLC, to self, family or acquaintance, or that bring into question your independence or judgment.

IARs must comply with all applicable federal securities laws, including the prohibitions against the misuse of material nonpublic information, which includes information relating to issuers as well as to Bluemound Asset Management, LLC securities recommendations and client securities holdings and transactions, in conducting yourself and the operations of Bluemound Asset Management, LLC

IARs  must report any violations of this code of ethics promptly to your chief compliance officer and where necessary any broker-dealer as required, and where necessary to appropriate regulatory authority.

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Investment Management

The vast majority of financial planners do not actually manage money, rather, they invest your money using mutual funds or an exchange traded funds (ETFs) strategy that is managed by somebody else. In either of those cases, you are paying both the financial planner and the actual investment managers for […]

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2008 Letter: 2007 Was a Major Turning Point

[this letter was emailed to clients January of 2008]

 

2007 Review: Turning Point

A Glance Back, A Look Forward & Philosophy

2007 was a very eventful and fitful year in the stock and bond markets around the world.  Credit markets finally started to shake the fleas that had taken residence over several years of record breaking money creation by government, lending institutions and a quasi-banking system composed of hedge funds and private equity firms.  The volatility we saw in 2007 is not likely to subside in the short run. In fact, I believe that the problems at Bear Stearns are the tip of the iceberg regarding problems that are likely to emerge in the financial sector. 

Rather than bore you with a rehash of what went on specifically (there are plenty of out there), I am going to talk instead about our investment philosophy and how I look at investing- which is how I think you should look at investing. 

When I was in college, my first landlord was an older gentleman named Bill who owned a lot of property in the University of Wisconsin-Milwaukee area.  One day I asked Bill about property ownership and he was kind enough to discuss the process of buying, fixing up and renting out apartments.  When I offered up some bad information regarding the process I had gotten from a friend, Bill offered me some advice that is the best advice I have ever gotten from a non-family member.  He said, “Kirk, if you want to learn how to do something, learn from people who have done it.  Don’t ask your friends or your neighbors, ask somebody who has done it, learn from their experience.

To that end, I believe that there is a pretty good shortcut out there to doing well with investing. 

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