FDNY Services

  • Solutions for Retired FDNY

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    We provide each client with a customized financial plan that includes an estimate of the probability of success.  The financial plan drives the recommended investment portfolio in a risk-aware framework.  The estimated risk level of the custom designed portfolio is aligned with each clients risk tolerance.  

    Brave Eagle Wealth Management has access to an institutional investment platform with many investment choices beyond what is available in employer provided plans.  The increased flexibility allows us to implement a multi-asset class allocation strategy and build truly diversified portfolios.  

     

     

     

    Solutions for Active FDNY

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    We provide each client with a customized financial plan that includes an estimate of the probability of success.  The financial plan drives the recommended investment portfolio in a risk-aware framework.  The estimated risk level of the custom designed portfolio is aligned with each clients risk tolerance.

    Active FDNY members may have investments in several different locations, e.g., union annuity plan, NYC Deferred Comp plan, Roth IRA, etc.  Most active members that we have met choose the investments in their accounts independently of other accounts.  For example, they’ll choose an investment in the union annuity plan because they think they’ve selected the best fund available.  The problem with this strategy is that it disregards the rest of their asset allocation.  In fact, segregating accounts in this way is a behavioral bias known as “mental accounting”.  

    We believe a better way to invest is to first determine what your asset allocation should be, and then to implement that allocation based on optimal location of the assets.  We help active FDNY clients build better diversified portfolios by coordinating their investments across all of their accounts, including the self-directed brokerage window.