Cutting Edge Technology
Security and safeguarding client data are at the forefront of everything we do. We invest in the important procedures, technologies, and relationships with integration partners to protect your nonpublic personal information. This is an important feature you must consider with all service providers you work with, especially those trusted with your financial information.
We also utilize technology to give our clients a great experience and to continuously add value without increasing fees. This allows our team to deepen levels of engagement and deliver the right services to clients in a very personalized way.
We follow our Written Information Security Program (WISP) and company policies and procedures to ensure we maintain a strong security posture. We test our Disaster Recovery and Business Continuity Plans multiple times each year to verify that we can securely maintain daily business operations should an event occur. Our staﬀ receives bi-annual cybersecurity awareness training to help ensure your personal identifiable information remains safeguarded. As a firm, we perform internal and external penetration tests along with controls assessments to ensure our systems remain secure. Finally, we offer cybersecurity awareness education to our clients to help ensure they remain digitally secure.
Independent Qualified Custodian
All client assets are held by an independent, third-party qualified custodian. Portfolio Solutions® has no access to your investment assets, except for payment of management fees. We only have trading authority in accordance with each client’s long-term investment strategy. Clients receive statements directly from their custodian monthly or quarterly. The statements reflect all securities held with their custodian as well as any transactions that occurred in the account, including the deduction of our investment management fee. We urge clients to review the account statements received from their custodian and compare them to the reports they receive from Portfolio Solutions®.
Licenses and Insurance
Portfolio Solutions® maintains levels of business insurance commensurate with our responsibilities as a manager of over $1.45 billion* in client investment assets. These include ERISA Fiduciary Fidelity Bonding, Investment Adviser Professional Liability and other business insurance policies you have come to expect from a Registered Investment Advisor operating since 1999. Portfolio Solutions® also monitors and assists in maintaining the numerous professional credentials held by our team, including annual fee maintenance, continuing professional education requirements, and other training. Our team includes in-house CERTIFIED FINANCIAL PLANNERS™, Chartered Financial Analysts™, Master’s Degree holders, and a CPA.