Fiduciary Financial Advisor in Orange Park, FL

You have saved well. There is a 401(k), maybe an IRA from an old job, a brokerage account that has grown over the years, and more cash sitting in the bank than you intended.

You did not get here by accident. You saved, invested, and mostly stayed out of the way.

Now there is enough money that you would rather have someone manage it. But handing over the investments does not mean handing someone a pile of accounts and asking them to beat an index.

You want to know what the money has to do first.

How much does the portfolio need to provide? When will you need it? How much risk does that require? Which accounts should produce the income? What will the tax bill look like? And once those answers are written down, how should the investments be managed around them?

That is the order we work in. First we build the plan. Then we write the investment policy. Then we manage the portfolio to it.

Give the Portfolio a Job

An investment statement can tell you what you own, what it is worth, and how it performed.

It cannot tell you whether the portfolio can support the life you expect from it.

That takes a plan.

When could work stop, or has it already? What will you spend in a normal year? What larger expenses should the plan account for? What will Social Security and any pension provide? How much will have to come from your investments?

Taxes are part of those decisions. A withdrawal from an IRA is taxed as income. A sale in a brokerage account is taxed only on the gain. A Roth withdrawal is usually not taxed at all.

Put those pieces together, and the portfolio has a job. You know what it needs to provide and how much risk the plan allows you to take to get there.

If someone proposes an annuity as part of that job, hold it up against the plan before signing. The fees, surrender period and income terms should fit what the portfolio needs to provide. Our guide covers five steps to take before you sign.

Our retirement planning work builds that plan with you.

Now the Investments Can Be Managed

If you have managed your own money for years, handing it over should not require pretending the portfolio you built does not exist.

We start with what you own.

Some investments may belong in the new portfolio. Others may not. A position bought years ago at a much lower price can carry a significant tax bill if it is sold. Cleaning up an account is not, by itself, a good reason to create that bill. Sometimes keeping the position and building around it is the better decision.

How we weigh those sales is covered in capital gains tax planning.

Then we put the rules in writing.

Your investment policy statement records what the plan requires from the portfolio, how much risk the plan allows, and how the different accounts are taxed. That becomes the standard we manage against.

The objective is the best after-tax result for the risk the plan allows.

That includes deciding which investments belong in which accounts. Two portfolios can own similar investments and produce different after-tax results simply because of where those investments are held. Our asset location work addresses that decision.

Not every account has to move. A workplace 401(k) can remain where it is and still be considered when we write the investment policy and manage the rest of the portfolio. Any account we manage carries our advisory fee, and you see what that fee will be before any account moves.

The policy is not written once and forgotten. If retirement moves, spending changes, a property is sold, or an inheritance arrives, we revisit what the portfolio needs to do.

Our investment management follows the plan, not the other way around.

Working with Holland Capital

Holland Capital Management is an independent registered investment adviser and a fiduciary. M. Chad Holland, CFA, CFP® works directly with clients and is responsible for the planning and advice.

The first meeting is about where things stand. Statements for your accounts, a Social Security estimate, and your latest tax return give us enough to see the whole picture and the decisions closest to you.

You will hear what we would change, what we would leave alone, and why. A CPA or estate attorney you already use keeps doing that work, and we give them the plan so everyone is working from one set of figures.

The first conversation is free. If there is work worth doing after that, we will define the scope and cost before you decide whether to move forward.

Our offices are in Charlotte, North Carolina and Winter Park, Florida. We work with clients in Orange Park primarily by video or phone. When an in-person meeting makes sense, we meet by appointment at the Regus center at 330 Crossing Boulevard in Orange Park.

For clients whose investments we manage, accounts are held directly at Charles Schwab in the client’s own name. Holland Capital manages the investments but does not take custody of client assets. If a client ever needs in-person assistance from Schwab, the closest branch is in Jacksonville at 4853 Town Center Parkway.

We work with clients throughout Florida. You can see the other Florida communities we serve here.

Our what we do page explains how a planning engagement works.

Frequently Asked Questions

Photo: Ebyabe / Wikimedia Commons / CC BY-SA 4.0, cropped.