McKeon Financial - Northwest Specialists Planning Your Financial Future since 1996
What Makes Us Different
John’s reflections and overview of McKeon Financial’s...
Retirement Income Planning
“Our investment approach at McKeon Financial is much more similar to that of the Harvard and Yale Endowment Funds, than that of the traditional equity investor, who typically would invest in a passively managed, 60/40 split of stock and bond mutual funds, hoping the market will only go up.
Over the past 10+ years, the Harvard and Yale Endowment Funds have significantly outperformed other endowment and pension funds, which have in turn significantly outperformed the average equity investor. True diversification allows you to build portfolios with higher potential returns with equal or less volatility.
What I have attempted to do at McKeon Financial is to diversify my client’s portfolios with many of the same types of investments these endowment funds invest in and with similar allocations, utilizing publicly registered companies and investment products that are suitable and available to my clients thru my broker dealer, Independent Financial Group.
The portfolios I build have little correlation with the stock market, and seek to take advantage of current opportunities in the economy. In general, they are designed to protect against both a downward/bear market and against rising inflation.
Here are the two main elements of my recommendations:
First, depending on a client’s suitability and financial needs, I have available a number of investments that do not trade on the stock market. While past performance is not indicative of future results, these investments have typically done well. These direct participation programs include offerings in commercial real estate, equipment leasing, and oil and gas, among others. All investments have risks, and these are no different. A risk that these programs all share is lack of liquidity, so while they may be suitable for some investors in appropriate amounts, they are not suitable for everyone.
Second, I invest differently in the stock & bond markets than many financial planners do. It’s called active, tactical money management. These investments tend to be more responsive to ever changing conditions, and they offer liquidity for our investors.
They are intended to provide steady and consistent growth, with less volatility than experienced with a traditional buy and hold investment strategy. Some of these strategies are designed to make money even in a down market.
The overall goal is to have investment programs that can provide returns that are largely independent of market movements.”
Insurance Planning
“After working throughout Washington for so many years and building my Long Term Care Insurance client base to approximately one thousand clients, I feel a strong sense of responsibility to be there for them. Some clients have been with me since 1996. I remain in touch, answer questions and go over my client’s policies periodically. The hardest part of my job is when a client goes into claim or dies, because I care, and I do get attached. Dedication is being there for my clients in their good times and especially in their bad times. I want my clients to know that they can count on me and my staff.
Although not writing nearly as many new long term care policies as I did when it was my 100% focus, I still know far more about long term care insurance than most financial planners and insurance professionals, and can certainly help new clients with this very important area of planning. Our McKeon Financial website has a link to our long term care website. Our McKeon Financial website also has links for clients interested in health insurance where they can apply directly online. I can help clients with other areas of insurance planning, such as with life insurance or with Medicare Supplement or Medicare Advantage products, either by writing these policies myself, or referring them to other professionals that I trust.”