IBIO “In the Best Interest Of” is the fiduciary hallmark that the best interest of our clients always comes first.
We serve as fiduciaries to individuals, families and foundations, providing customized portfolio solutions and comprehensive financial planning.
Dave Canham founded IBIO after 25 years in the industry, with the simple goal of providing financial guidance that truly puts the client first. We help clients achieve their unique goals – whether simple or complex – from a concierge wealth advisory firm.
Concierge for us means a more personalized and comprehensive level of service. We work closely with our clients to understand their priorities; evaluate their needs; organize their finances; review their estate planning, tax planning and insurance needs; and implement and monitor a custom investment portfolio. We communicate in a straightforward way, and have the experience and resources to serve as a single point of contact for all financial issues.
We build client loyalty with integrity, trust and high level service.
The term “concierge” is from the Latin root meaning “extra service”. We can dig in deep alongside our clients and deliver advice and solutions which better serve their priorities. No burdensome firm policies restrict our ability to best serve clients. We think of clients like family and provide high-touch and personally tailored service in a thoughtful, and private way.
We receive no compensation from outside organizations. Our only compensation is from our clients. Unlike many large brokerage and asset management firms, we are 100% objective and free from conflicts of interest with our advice. Our clients expect and receive the perspective they need to hear, without prejudice or conflict.
An investment strategy needs to protect and grow the clients long-term purchasing power. We clarify how much money (purchasing power) it will cost to fund future goals; then offer a tailored approach for the highest probability of success. This process considers the time horizon, spending requirements, risk or volatility tolerance, and the tax status of the portfolio.
Our integrated approach offers access to a trusted network of specialists. An excellent resource for clients, whether providing clarification on unique planning issues or on the true skill of certain investment managers.
Specialists include trust attorneys, certified public accountants, insurance firms, investment managers, venture capital/private equity firms, valuation services, investment bankers, and philanthropic advisors.
To help clients easily oversee and understand their wealth, we provide custom reporting and best-in-class technology solutions. Serving as a fiduciary and providing true transparency also includes having our clients’ assets safely held by a strong custodian that’s not affiliated with their investment advisor. We offer access to several top custodians for the safekeeping of client assets and an independent source for account statements.
We provide the same higher level of guidance used by the largest institutional investors. Portfolios are designed based on our clients’ financial and personal goals. In doing so, we determine an appropriate asset allocation tailored to our clients’ time horizon, cash flow requirements and risk tolerance. Protecting spending needs and purchasing power are key factors.
We identify downside risks and run stress tests on every portfolio to clarify expected volatility. Investment portfolios are diversified for protection.
We target the best after-tax after-inflation returns in our portfolios. Any portfolio changes are evaluated on an after-tax basis. We also have the ability to restructure low basis stock positions into a diversified index portfolio without realizing all the potential taxable gains.
To plan for your spending needs and goals, we forecast the inflows and outflows of your personal balance sheet, and value these assets after inflation and taxes. This provides a goals-based financial plan that evolves – incorporates life’s transitions – and keeps all accountable.
Wealth can be an efficient tool to support others, and we can help develop a giving strategy for your interests either on the local or global level.
When this is done properly, it becomes an ongoing process that is followed for generations – allowing for a life free from financial worry. We work closely with our client’s accountants and estate attorneys to integrate all of their financial affairs.
We advise on and integrate into the financial plan all types of employer compensation, including stock options, as well as restricted and performance shares.