| At TAM, we recognize that wealth is but a means to achieving quality of life. Our clients share a desire to accumulate and build their wealth. They seek to enjoy the opportunities that wealth provides and to reduce the work that wealth can create.
TAM Financial serves a select group of discerning clients who value personal, highly individualized service. We limit our practice to no more than 50 total clients, ensuring each client receives the time and attention needed to build and maintain a personal relationship based on mutual trust, respect and results. |
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First, we develop comprehensive financial plans for our clients. This is the guiding document, laying out: where you are; where you want to go; how you're going to get there; helps you identify existing deficiencies in your insurance or estate preparation; defines your risk tolerance and investment strategy; and much more. |
Second, we manage your investments. Because we limit our overall client base, we are able to focus on developing an investment portfolio that is uniquely tailored to the individual needs of each of our clients. As a Fee-Only® financial planning firm, we work hard to minimize the use of higher-cost mutual funds to reduce our clients’ total expenses.
Finally, we offer specialized services. If there are specific issues that require personal attention and research (such as developing and implementing an exit strategy for a business, rolling over your retirement programs or developing and implementing a corporate retirement plan for a small business), we will work you on a project-specific basis. No client is invoiced for any work without a written agreement, so a client need not worry about calling and asking specific questions, only to receive an invoice delivered at the end of the month.
We focus on building a diverse portfolio that is closely aligned with a client's tolerance for risk and time horizon. For many of our clients, TAM Financial employs highly specialized derivatives strategy that can help reduce investment risk and increase a client’s cash flow. We believe active portfolio management can increase net returns and take advantage of what we believe to be opportunities for gain. Potential clients interested in a more passive management style that focuses exclusively on mutual funds will likely find other investment managers better suited their needs and style, and we will be pleased to provide a list of alternative firms.
TAM Financial requests a minimum portfolio of $500,000 in investable assets. The standard asset management fee is one percent per year, invoiced quarterly. If you have not reached that level of investable assets, TAM Financial would be happy to work with you to provide general guidance, or to recommend one or more of the many fine Fee-Only® financial planners in the region.
Everything we do is confidential, including all documents, transactions, questions and answers. As a CFP® certificant, TAM’s principal, Michael Marvin, is bound by some of the industry's highest standards. As a Registered Investment Advisor, TAM Financial is also bound by the laws and regulations of the state of Maryland.
Our clients are professionals at the top of their game, small business owners, families and individuals who have reached a certain level of success. For some of our clients, we serve only as an investment manager. That means we work collaboratively to design an Investment Policy Statement that outlines broad ideas, clarifies risk and timelines, identifies specific investment products or companies that an individual does not wish to own (Philip Morris comes up frequently). It is not a plan, but a guideline for investment policies. For other clients, we serve as their comprehensive financial planner. Some clients know their dreams and want to know how to get there. Others have general ideas and find the process of developing a plan to be helpful in putting flesh on the bones.
Making and having money is more complicated today than it ever has been. Just as people look to an attorney when faced with a legal question, or contact a physician with medical issues, they need someone to help them with the nuances and complexities of managing wealth. That's what we do. And if we don't have the answer, we work with other experts to figure it out. | |
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Michael L. Marvin is President of TAM Financial. Michael has been helping individuals and small businesses realize their financial objectives for more than a decade. He is a Certified Financial Planning® practitioner, a certification requiring practitioners to meet the highest ethical, educational and experience standards.
TAM Financial is also a Registered Investment Advisor in Maryland, Virginia and Washington, DC. Michael is a member of the Financial Planning Association (FPA), the industry's largest and most respected association, and a former member of the FPA's Government Relations Committee. He is also a member of the National Association of Personal Financial Advisors (NAPFA), a Fee-Only® professional organization.
Prior to founding TAM Financial, Michael served as the President of The Business Council for Sustainable Energy (BCSE), a position he held for nine years. The BCSE is a coalition of energy companies that promotes economic growth and environmental protection. In 1992, Michael was elected as the "Man of the Year" by the U.S. wind energy industry for his contribution to the enactment of the Production Tax Credit, which provides tax incentives based on energy output rather than initial capital investment.
During the 1980s, Michael worked on Capitol Hill for several Members of Congress; he was the Chief of Staff to the late Congressman Silvio Conte of Massachusetts and Legislative Director for the late Congressman Frank Horton of New York. Michael also served on the staff of former Congressman Don Bonker of Washington State.
Michael Marvin has testified before numerous committees in the U.S. Senate and U.S. House of Representatives, has been the featured guest on C-SPAN and the Dianne Rehm Show, and has been quoted extensively in The New York Times, The Wall Street Journal and The Washington Post. He has appeared on "Money Line" with Lou Dobbs as well as on the "News Hour with Jim Lehrer."
For five years, Michael served as a member of the Department of Commerce's Environmental Technologies Trade Committee, a federal advisory committee that advised the Secretary of Commerce on U.S. trade policy.
Michael also serves on the Board of Directors of the Annapolis Triathlon Club as the treasurer of the organization.
Michael received a BA from the University of Washington and a MS from the Johns Hopkins University. He is a graduate of the Financial Planning Program at Georgetown University in Washington, DC.
Michael counts among his greatest accomplishments his wonderful twelve-year marriage to Anne Uchitel Marvin and their amazing ten-year-old twin sons, Alex and Trevor.
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Certified Financial Planner® is a federally registered mark of the Certified Financial Planner Board of Standards, Inc. |
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