We believe everyone should have the opportunity to grow their wealth. From the person who doesn't understand an IRA, to the person who has been investing for more years than they can count... including those who just want to do it themselves. We offer various levels of service to suit every need. So whether you have ten thousand or ten million dollars, we want to help you see and achieve your goals.
MY Wealth Management, Inc.'s origins date back to 1978 when Pete McGlaughlin started Tax Qualified Trusts, Inc. Jeff Yeakle joined Pete in 2003 and the firm became known as McGlaughlin Yeakle Financial Advisory. In 2013 Pete and Jeff decided to venture into the Registered Investment Advisory world and MY Wealth Management was formed.
To this day we honor Pete's vision by providing each client excellent service and personal attention.
The first step in our investment process is to understand your sensitivity to risk. We believe the level of risk in your account should be based on income, resources and the emotional conviction to live through both ups and downs of the market.
It is important to understand the potential downside risk of a portfolio. Investors should avoid selling during a major downturn in the market, which is why it is so important we understand your risk tolerance. Once we understand this, we’ll match you with the investment model to help you achieve your goals.
Our philosophy of investing is based on Modern Portfolio Theory (MPT). We believe a portfolio should be in the market, to some extent, at all times. Our model portfolios are diversified across asset classes and investment strategies. We use both tactical and strategic investment strategies in our investment models. This combination, we believe, gives a better risk adjusted return through various market cycles.
Our portfolios use exchange traded funds (ETFs) which are typically lower cost to own and allow us to be more aware of tax consequences. While tax sensitivity is important, we do not believe in taxation being the main reason to hold or sell an investment.
To see our models, click the button below then click "get started now".
We manage money on a fee only basis. Our fee schedule was developed based on how we would want to be treated:
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As your life situation changes, so do your life insurance needs. Do you need whole life insurance or term life insurance? We'll help you find the best life insurance policy for you. Complete the calculator below to assess your need, then call or email us for no obligation insurance quotes.
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Our portal uses 256-bit SSL encryption, stores all data on servers in a secure facility and implements systematic processes and procedures for securing and storing data.
Click the "Open an Account" button at the top of this page. You'll be directed to the Interactive Brokers website that will walk you through the account opening process. Within a couple of business days, you'll receive a questionnaire via email from us to help us determine how to best invest your money. If you get stuck or have a question, send an email or give us a call and we'll be happy to help.
Our minimum account size is $25,000.
While we'd love to meet all our clients face-to-face, you don't have to travel to Maryland. We also conduct phone and interment appointments. Call or email and we'll figure out what works best in your situation.
Please call or email our office for instruction.
Please call our office for instruction.
This depends on the time of day the request was received. In most cases, you should receive your funds the next business day.
No. The fees on our fee schedule are the only ones you'll ever pay.
You can email us at firstname.lastname@example.org.
You can call our office at any time. If we're not available, leave a message and we'll get back to you as soon as we can.