We believe investing works best when paired with an ever-evolving financial plan that covers your entire life (which is also why we include investment management for all members as part of their membership). Your unique situation always guides your investment strategy at Facet. Once we understand you and your personal situation, we focus on the areas we can control- minimizing fees and taxes, maintaining a well-diversified portfolio, and balancing for any given environment. For more information on our approach to investing, see our Investing with Facet page.

After confirming we have the information we need to move your money over, you’ll be guided on next steps directly within your Facet account. There, you’ll open your new investment account and kick-off the process to move money over, which typically takes about five minutes to complete. After this, we’ll take care of the heavy-lifting. From there, we’ll  notify you once we receive your money and get it invested in line with your planning strategy. If you have questions, our support team is always happy to help, just reach out to [email protected].

We’ll handle day-to-day portfolio rebalancing, make trades, update your investments based on market conditions, perform tax-loss harvesting, and more. We expect your life, and priorities, to evolve over time, sometimes unexpectedly. When it does, we’ll work with you to adjust your strategy to maintain your progress and achieve the outcomes that enable you to live a fulfilling life. 

1. Our investing philosophy is centered on the idea that the best investing strategy starts with you and your circumstances. Investing money without a clear purpose or intention can only take you so far–that’s why investment management is always linked to your personalized, ever-evolving financial plan that you create with your CFP^® Professional at Facet; and why it’s included in your membership at no additional cost (which typically means big costs savings over time¹).
2.  The tools and methodology we use on behalf of our members are typically reserved for ultra-wealthy investors or even big pensions, foundations and endowments. Our Investment Committee, led by our Head of Investments, Tom Graff, have over a hundred years of combined industry experience doing this for others and have brought that expertise to Facet.

There are two of the primary ways investing at Facet is different from a typical robo advisor:

1. We start with the big picture. Robo advisors typically don’t offer meaningful financial planning advice, or if they do, it isn’t customized to all of the details and nuances in your life. Facet starts understanding how best to align your investing goals with the broader vision of the life you want to live.
2. What you pay. Robo advisors generally charge a percent of your assets under management, or AUM. In some cases, this can make them inexpensive when your balances are low, but it means they will be charging you more and more as your money grows. Further, if they are tied to a firm that also has ETF or mutual fund offerings, the algorithm is incentivized to recommend its own products. Not only does Facet charge a flat fee that does not increase as your money grows, but Facet has no products to sell, and is only focused on recommending the best investments for your personal situation.

Investing isn’t like hanging a photo or fixing a leak in your sink. The consequences of getting investment management wrong can be catastrophic, which is why we have a team of experts who are dedicated to managing our members’ money in alignment with their personalized, ever-evolving financial plans (and for no extra cost).

Another advantage of using Facet for investment management is our access to techniques often used by professionals serving ultra-wealthy investors, endowments, foundations, and pension funds. This is what enables our experts to analyze performance statistics, look at customized sector allocations, perform factor analysis, and stress-test our funds in ways that individuals are rarely able to.

Yes. We believe investing works best when paired with an ever-evolving financial plan that covers your entire life (which is also why we include investment management for all clients as part of our base membership). We always incorporate accounts that aren’t directly managed by Facet into your strategy. This includes most account types, including employer sponsored accounts like 401ks & 403bs. While we can’t make trades or adjustments for accounts we do not manage, we’ll still recommend optimizations you can make to ensure these accounts are aligned with your strategy. 

Yes, investment management is included as part of your membership for no additional cost. You may also be eligible for a $250 reward in your Facet investment account as a kickstart. Ask your membership manager for more information.

Most members trust Facet to manage their money. We do have some members who still enjoy managing their investments and self-manage a portion of their money, while taking advantage of Facet’s expertise to manage other accounts. Regardless of what works best for you, you’ll always have oversight of your money and direct access to your accounts.

Yes. We always incorporate accounts that aren’t directly managed by Facet into your strategy. This includes most account types, including employer sponsored accounts like 401ks & 403bs. While we can’t make trades or adjustments for accounts we do not manage, we’ll still recommend optimizations you can make to ensure these accounts are aligned with your strategy.  

Most members choose to have Facet manage their investments because it’s already included in their fee. Taking advantage of investment management at Facet also opens the door to automated rebalancing, tax-loss harvesting, proactive portfolio adjustments based on economic conditions, and other services we can’t provide for accounts we don’t manage.

Yes, we perform Tax-Loss Harvesting (TLH) for all member accounts managed by Facet. TLH is a strategy we use to reduce capital gains taxes by strategically selling securities at a loss, and proactively rebalancing your portfolio to maintain risk levels that are most effective for your circumstances.

There’s no additional cost for investment management, it’s included as part of your membership. While we’ll never charge additional fees for managing your accounts, our custodians may charge fees that will be deducted from your account. You can view a full list of potential custodial costs here.

Down markets happen. Our experts design our portfolios with the aim of performing reasonably well when markets are up, and minimize losses when markets are down. While this approach doesn’t allow us to sidestep down markets, it does allow us to be prepared to take advantage when markets turn around.