The axioms we live by.
An axiom, defined by Lexico is, “a statement or proposition which is regarded as being established, accepted, or self-evidently true.”
Here at Axiom Private Wealth, we have identified four axioms as the backbone that guide our client discussions, determine our investment selections, and dictate the decisions we make as a firm.
Maximum transparency.
Wall Street firms have constructed complex financial products to impress investors. In reality, complexity causes confusion, and confusion masks underperformance and unjustifiable cost.
Data driven investments.
We do not use history to speculate on the future, but instead we study history to accurately prepare ourselves for the ride. Relying on data allows you to stick to your allocation during times of market turmoil.
Reduce unnecessary cost.
The late Jack Bogel, Founder of The Vanguard Group, famously said, “The miracle of compounding returns is overwhelmed by the tyranny of compounding costs.” Axiom reduces cost when possible for the end client.
Minimize the behavior gap.
Humans are hardwired with cognitive biases that can be a detriment to our overall financial goals. By studying and understanding our human tendencies, we can increase our odds of financial success.
