Ascend accounts are invested on the Charles Schwab platform.
Global Diversification: With an investment strategy modeled after Nobel-Prize winning research and Modern Portfolio Theory, Ascend portfolios are built using low-cost ETFs across twelve different asset classes. By minimizing the total cost of investing and utilizing diversification, our portfolios are able to maximize returns for every given level of risk.
Automatic Rebalancing: As the value of your investment account changes, Ascend portfolios are automatically rebalanced to ensure the integrity of your optimal asset allocation. This risk-management strategy reduces unwanted risk. It also locks in returns by selling assets that have appreciated and then buys positions that are underpriced.
Tax-Loss Harvesting: Once a strategy for only the most sophisticated investors, tax-loss harvesting has proven to be an effective strategy for offsetting investment related taxes. This is done by selling a position that has experienced a loss and immediately replacing it with a similar position that keeps you at your optimal asset allocation. This loss that has been ‘harvested’ can then offset taxes on both income and gains in your account. Clients with greater than $50,000 can utilize this tool in their taxable accounts.