Investment Management
Fiduciary Wealth Management
Markets Don't Care When You Retire.
The investment approach that built your portfolio isn't the one that should be managing it now. Accumulation rewards growth and patience. Retirement adds sequence-of-returns risk: a bad market in your first few years of withdrawing can do permanent damage to a portfolio, even if the market recovers fully later. The portfolio that worked for thirty years of saving has to be structured differently for the thirty years of spending.
As a fiduciary RIA, we build investment plans designed for the realities of drawing income from a portfolio. Globally diversified. Disciplined through market cycles. Structured around our Two-Bucket Strategy so your day-to-day expenses aren't at the mercy of what the market did yesterday. The goal isn't to predict markets. It's to build a portfolio that doesn't depend on us being right about them.
WHO THIS IS FOR
Built for Retirees With Real Portfolios.
Clients with $500K to $5M in investable assets across IRAs, 401(k)s, taxable accounts, and other vehicles, who are within ten years of retirement or already drawing income from a portfolio. If your accounts were built during your working years and haven't been restructured for the way you'll actually use them, this is the conversation to have.
Pillars of Your Investment Strategy
A sound investment plan in retirement isn't about chasing the best year. It's about building a structure that survives the bad ones. Here's how we build yours.
Two-Bucket Strategy
The framework that makes retirement income reliable in good markets and bad. The Growth Bucket holds long-term, growth-oriented assets and is left alone to participate in market growth over decades. The Protection Bucket holds conservative assets that fund your near-term income needs regardless of what equities are doing. When markets are down, you draw from the Protection Bucket. The Growth Bucket isn't touched. That single decision eliminates the scenario that derails most retirement portfolios: selling growth assets at a loss to pay next month's expenses.
Disciplined Investment Philosophy
Chasing returns isn't a strategy. It's a recipe for costly mistakes. Our investment philosophy is grounded in decades of academic evidence: broad diversification, disciplined asset allocation, low-cost fund selection, and systematic rebalancing that removes emotion from the equation. We don't try to pick the next great stock or time the market. We build globally diversified portfolios matched to your risk tolerance, time horizon, and income needs, then stay disciplined through market cycles. The plan works because it doesn't depend on us being right about the next twelve months.
Sequence-of-Returns Risk
The threat most retirement plans ignore. A significant market downturn in your first few years of drawing income can do permanent damage, even if the market fully recovers afterward. The math works against you: selling assets in a down market to fund living expenses locks in those losses and reduces the principal that would have recovered. Our entire approach to portfolio construction is built around managing this risk. Not by predicting it (nobody can) but by structuring the portfolio so it doesn't matter as much.
Let's Build Your Investment Plan
On your Chain Reaction Audit, Jonathan reviews your current portfolio, identifies your exposure to sequence-of-returns risk, and shows you how a Two-Bucket structure could be built specifically around your retirement income needs. No pressure. No product pitch. Just clarity.
Bucket 01
The Growth Bucket
Your long-term portfolio. Invested in diversified equities and growth-oriented assets, this bucket's job is to participate in long-term market growth and extend the longevity of your retirement assets. You don't draw from this bucket when markets are down. That's what the Protection Bucket is for.
Bucket 02
The Protection Bucket
Your income floor. Conservative instruments (bonds, treasuries, stable income assets) that provide reliable cash flow for day-to-day expenses regardless of what the market is doing. When equities are under pressure, this is where your income comes from. The Growth Bucket is left alone to recover.
By keeping these two buckets working different jobs, we build a resilient investment framework designed to work through every market cycle, not just the good ones.
What's Included
The Work Behind a Coordinated Plan
- Portfolio design and asset allocation matched to your retirement timeline
- Two-Bucket Strategy implementation
- Low-cost, broadly diversified fund selection
- Systematic rebalancing through every market cycle
- Sequence-of-returns risk management
- Ongoing portfolio monitoring and reviews
- Coordination with your tax, income, and withdrawal strategy
- Direct access to Jonathan and the LFS team
The Coordination Advantage
Investment Decisions Don't Happen in Isolation.
Most firms manage your portfolio in a silo. Here's how investment management connects to the rest of your plan when one team handles all of it.
Which account you draw from changes your tax bill for the year. When you harvest gains affects your IRMAA bracket two years from now. Your asset location decisions (what holds in your IRA vs. your Roth vs. your taxable account) shape your tax bill for the next twenty years. Our CPAs coordinate with the investment plan throughout the year, not just in April.
Fiduciary by Law
The Protection Bucket isn't theoretical. It's where your monthly paycheck comes from in retirement. Our income strategy and investment management aren't two separate services. They're one decision made together.
Retirement Income Planning
The years before RMDs start (roughly ages 60–73) are when Roth conversion strategy moves the most money. The conversion decisions affect your portfolio structure, your tax bill, and your income strategy at the same time. We model all three together.
Roth Conversions
Why Choose Leonard Financial Solutions?
There are a lot of financial advisors available. Here's what makes this one different.
Fiduciary by Law
As a fiduciary Registered Investment Advisor, our advisory recommendations are legally required to be in your best interest. Not in the interest of a fund company or product manufacturer. That's the standard we hold ourselves to on every recommendation.
Expertise Across Every Discipline
Our CPAs handle tax planning alongside investment management. Our estate planning partner coordinates with the financial plan. Our Medicare specialist connects enrollment decisions to your income strategy. One roof. Every discipline talking to each other.
Direct Access to Your Advisor
You work with Jonathan and the LFS team, not a junior associate you've never met, not a rotating cast of reps. When your situation changes, you reach the person who already knows your plan.
Your Chain Reaction Audit: Three Simple Steps
A coordinated retirement plan starts with one conversation. Here's how it works.
Book Your Audit
Choose a time on Jonathan's calendar. Two minutes, no prep work required.
We Review Your Portfolio
Jonathan reviews your holdings, identifies sequence-of-returns risk, and shows how a Two-Bucket strategy can support your retirement income needs.
You Get a Clear Picture
No product pitch, just an honest review of your current portfolio, potential gaps, and what a fiduciary investment plan could look like for your situation.
No cost. No obligation. Just the information you need to decide what to do next.
Common Questions Answered
Got a question? Here's where most people start.
How is this different from a robo-advisor?
A robo-advisor builds a portfolio based on a risk questionnaire and rebalances it automatically. That works fine in the accumulation phase. It doesn't account for sequence-of-returns risk, withdrawal sequencing, tax-aware asset location, or the coordination between portfolio decisions and the rest of your retirement plan. The work we do isn't about picking a portfolio. It's about coordinating the portfolio with your income, your taxes, your Social Security timing, and the next twenty years of decisions.
Do you pick individual stocks?
No. We don't pick stocks or try to time the market. The academic evidence on stock picking and market timing is clear, and it isn't kind to either. We build globally diversified portfolios using low-cost funds, matched to your risk tolerance and income needs. Then we stay disciplined through volatility. The plan works because it doesn't depend on us being right about any individual stock or any individual year.
What's the difference between a fiduciary and a broker?
A fiduciary is legally required to act in your best interest at all times. A broker, or a non-fiduciary advisor, is only required to recommend something "suitable," which may still benefit them through commissions or revenue sharing, even if a better option exists for you. As a fiduciary RIA, we're held to the higher standard on every advisory recommendation we make.
Take the Next Step
Start Building Your Investment Plan
Whether you're still contributing to a 401(k) or already drawing income, the right investment structure (fiduciary, disciplined, built around your timeline) makes a meaningful difference. The Chain Reaction Audit is where we start. One session, your portfolio, no obligation.
