Wealth Management Process

Free Financial Planning Software

Financial planning is an essential part of your long-term life plan. Bluemound offers free financial planning software to efficiently get you started. Please do feel free to use this confidential and secure financial planning tool to help you on your path to financial freedom and security.

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Cyber Advisor Investment Firm

Bluemound Asset Management, LLC is a fee-only registered investment advisor acting as a fiduciary. That means, by rule, I am bound to work in your best interest. I have chosen this approach, despite most competing firms choosing less stringent ethics. I believe that insightful investing using technology to filter information and keep costs low are keys to your financial success. Bluemound offers a vast array of services by maintaining low overhead and tapping many resources. The many relationships I have developed since being discovered by the media are also a unique advantage. Institutional Quality Investing For Everyone I have developed Bluemound as a boutique firm to serve three groups: accredited investors seeking my unique set of investment perspectives for wealth management goals. retirees and near retirees with assets intended to provide income and potential inheritance. younger investors seeking long-term sustainable growth with an eye on generating wealth. Institutional quality investing, has typically only been available to those with high net worth. Bluemound offers my services to anyone who has crossed from saver to investor. Because costs matter, my fees are typically lower than comparable services. For families with net worth in excess of $1 million, I offer a vast array of investment services in house and through relationships with other top professionals, including private equity, 1031 exchange and hedge funds. I also offer guidance on a wide array of wealth management issues and help find appropriate specialists when needed. Technology And Working From Home & Anywhere  Bluemound is a cyber-advisory, that is, services are generally offered by telephone and internet. I do meet with clients regularly in Greater Milwaukee, as well as when I travel, which includes regular visits to Las Vegas (where my folks live), Phoenix, Dallas and South Florida. I work from home for a number of reasons: […]

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Investment Philosophy

My investment philosophy deviates significantly from most other traditional financial advisors. Before working with me it is important that you understand the differences in my approach.  Usually, the mass media, public at large and too many financial advisers are most interested in “hot” or “in the news” ideas which leads them to be emotional and unfocused. I seek a less emotional and more analytic approach to investing. Very often I will want to buy what others are selling, and sell what others are buying. This approach allows us to ebb and flow into “buy low” and “sell high” opportunities.  To achieve my goals, I have incorporated a large amount of technology into my investment process. I also lean heavily on a network of brilliant financial minds from around the world that I was lucky enough to meet over they years due to my media exposure. A 4 Step Investment Approach I use a structured 4-step method for building smart asset allocations and selecting the investments for your asset allocation. This method, largely borrowed from great investors, includes these four steps to finding investments: Secular Trends: Understand the big long-term trends within the global economy. Government & Central Bank Policy: Analyze how governments and central banks can impact outcomes and timeframes through policy. Fundamental Analysis: Bottom up analysis of industries and companies to help understand approximate fair value and financial outlooks. Technical & Quant Analysis: The markets give us clues through the pricing of assets about industry and corporate strength, as well as, investor sentiment. Using this step by step approach eliminates most of the guesswork. What we are left with is a more structured Bayesian mathematical approach. When the math gets too hard, we take Charlie Munger’s advice: “We just throw some decisions into the ‘too hard’ file and go onto […]

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Kirk Spano Biography

My name is Kirk Spano. I grew up in a middle class working family in Milwaukee. I remember long gas lines, the first home my parents bought and the recession of the early 1980s. My parents sacrificed to put me through private schools at a time that Milwaukee Public Schools were beginning to fail. I fondly remember all of the good times with my family, especially my brothers, and friends. I can never fully repay any of these people for their love, concern or guidance. During the 2000s I raised my two children who have both turned into great young adults. I became a new grandfather in December 2019. I have also found the woman who is the love of my life. From the 2003 to 2012 I was also Commissioner of the Milwaukee Baseball League and coached kids sports. I have been involved with several charities since. Education & Early Career After graduating from Dominican High School, I attended the University of Wisconsin in Milwaukee with majors in Economics and Political Science and graduated with a Bachelor of Arts degree. I can not thank either institution enough. After college, I began my investment career as a stock broker in 1996 with one of America’s largest independent broker-dealers. I spent 14 years as a broker restrained by a financial industry that I feel is mediocre at best and generally overpriced. Bluemound Asset Management, LLC & Media In 2010, I founded Bluemound Asset Management, LLC, a fee-only Registered Investment Advisor in Wisconsin that acts as a fiduciary in your best interest. I focus on investment management and retirement planning for individuals, as well as, small business. My methodology is adapted from the book “The Intelligent Investor” by Benjamin Graham — Warren Buffett’s mentor. In 2011, I was selected over nearly 200 analysts as “The World’s Next Great Investing Columnist” by MarketWatch of the Wall Street Journal. I am now published regularly […]

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Why To Use A Fiduciary Fee Only Financial Advisor

High costs, packaged advice and lack of transparency have been problems in the financial services industry for decades. That has slowly been changing this century. About 1 in 5 of us now offer a more rigorous fiduciary standard that aligns services and fees with your interests. What is a Fee-Only Adviser? A fee-only financial advisor gets no commissions for the investment products used in your portfolio or for trading. Fee-only advisors do not accept commissions so that we can avoid inherent conflicts of interest that salespeople have. Fee-only financial planners and financial advisors are compensated for the informed, independent and objective financial advice that is provided.  We are compensated based upon a percentage of assets under management, hourly fees or a flat-fee. Bluemound is a Registered Investment Adviser working on a fee-only basis sitting on the same side of the table as you. I seek to objectively cull the vast amounts of information constantly bombarding you today. I have focused the firm on being a low-cost provider of investment management in order to help more drop to your bottom line.  When you do better, I do better. When you lose money, I take an automatic pay cut. I don’t like pay cuts. What Is A Fiduciary Bluemound Asset Management adheres to a fiduciary standard. A fiduciary is a person or organization that acts on behalf of another person or persons to manage assets. A fiduciary is required to act in your best interests. A fiduciary’s responsibilities or duties are both ethical and legal. When I accept being a fiduciary on your behalf, then I am required to act your best interest. This is what is known as a “prudent person standard of care,” a standard that originally stems from an 1830 court ruling.  Recently, the Department of Labor distinguished between fiduciary and non-fiduciary financial professionals with regards to retirement plans. […]

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Terms, Conditions & Legal Disclaimers

There are no warranties or guarantees of any kind whatsoever made by or represented by Bluemound Asset Management, LLC or Kirk Spano. You can lose a lot of money investing in securities products no matter what anybody says. You should always consider your risk tolerance, goals and other specific circumstances when making any investment or considering any investment idea. This website, blog and related content is a publication of Bluemound Asset Management, LLC and Kirk Spano. Information presented is believed to be factual and up-to-date, but we do not guarantee its accuracy and it should not be regarded as a complete analysis of the subjects discussed. All expressions of opinion reflect the judgment of the authors, generally Kirk Spano, as of the date of publication and are subject to change. This website is for information purposes only and does not constitute personal advice. In addition, any publishing done by Kirk Spano, on behalf of Bluemound Asset Management, LLC or independently or for other services that Kirk Spano offers separately, are not intended to be, nor should those publishings be construed as individual advice. Information on this website, blog or other publications of Kirk Spano, do not involve the rendering of personalized investment advice. A professional advisor should be consulted before implementing any of the options presented. No content should not be construed as legal or tax advice. Always consult an attorney or tax professional regarding your specific legal or tax situation. Information on this website and blog is not an offer to buy or sell, or a solicitation of any offer to buy or sell the securities mentioned herein. Case studies are for illustrative purposes only and should not be construed as a testimonial. They do not represent the experience of any specific advisory client. Each client’s situation is different, and goals may not always be […]

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Outside Links Disclaimer

The links on these pages are generally great resources for finding a broad range of information. They are thought to be reliable, however we can not guarantee their accuracy. By clicking on a link you understand that you are leaving this site. The information presented on the linked websites is for informational uses only and are not offers of situation specific advice by Kirk Spano or Bluemound Asset Management, LLC. Statements made by various authors and contributors of linked sites do not necessarily reflect the opinions of Kirk Spano or Bluemound Asset Management, LLC and should not be construed as an endorsement, neither expressed nor implied. Therefore, all information and materials are provided “AS IS” without any warranty of any kind.

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Code of Ethics

Bluemound Asset Management, LLC

Code of Ethics Summary

The Investment Advisers Act of 1940 imposes a fiduciary duty on Registered Investment Advisors.  Bluemound Asset Management, LLC as a portion of fulfilling its fiduciary duty to clients places each client’s interests as the paramount consideration in all decisions, actions and methods of providing services.

This document will outline both our Fiduciary Duty, as well as, our compliance with rule 201A-1 of the Act.

Our Fiduciary Duty

In recognition of the trust and confidence placed in Bluemound Asset Management, LLC by its clients, and because the Advisor believes that its operations should benefit its clients, Bluemound Asset Management, LLC has adopted the following universally applicable principles.

Clients’ interests are paramount. 

Bluemound Asset Management, LLC places client interests before their own and constantly act in the best interest of the Advisor’s clients.

The Advisor will always attempt to recognize and act in the best interest of its clients.

Further Duties

Investment Advisor Representatives of Bluemound Asset Management, LLC must accomplish all personal securities transactions in a manner that avoids a conflict of interests with its clients, in accordance with the Advisor’s Personal Trading Policy, and report personnel securities transactions at least quarterly to the Advisor.

IARs must avoid actions or activities that allow (or appear to allow) profit or benefit from your position with Bluemound Asset Management, LLC, to self, family or acquaintance, or that bring into question your independence or judgment.

IARs must comply with all applicable federal securities laws, including the prohibitions against the misuse of material nonpublic information, which includes information relating to issuers as well as to Bluemound Asset Management, LLC securities recommendations and client securities holdings and transactions, in conducting yourself and the operations of Bluemound Asset Management, LLC

IARs  must report any violations of this code of ethics promptly to your chief compliance officer and where necessary any broker-dealer as required, and where necessary to appropriate regulatory authority.

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Privacy Policy

Bluemound Asset Management, LLC Privacy Policy We have adopted the following policies to safeguard your nonpublic information which you disclose to us for the purpose of providing you with various financial services. Information we may collect: Information we receive about you on applications, questionnaires, client profile documents and other forms may include your name, address, telephone number, e-mail address, social security number, investment holdings, income and other financial data, investment experience, etc. Information about your transactions with us, our custodians and others. Information we receive about you from third parties such as brokers and selling agents. This includes information about their review of your investment application for products. Disclosure of Information: We do not disclose any personal or financial information about you, whether you are our current or former client, without your authorization or direction, except as disclosed below. We may share information about you with affiliated and nonaffiliated third parties, in order for them to assist us in providing services to you, and otherwise as permitted by law. You may not limit the sharing of this information. However, nonaffiliated third parties who receive information about you in order to assist us in providing services to you are restricted from using your information for any other purpose.   Except as provided above, we will not share your nonpublic personal information with any third-party, affiliated or unaffiliated, for marketing or other purposes. Protecting Your Information: We restrict access to nonpublic personal information about you to those employees and third parties who need to know that information to assist us in providing services to you, and to regulators as required by law. We maintain physical, electronic and procedural safeguards that comply with federal standards to guard your nonpublic personal information.  Further, we will not keep your identification numbers, such as account numbers, social […]

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