Investment Management

Investment philosophy

Grow deliberately.

Markets cannot be controlled or reliably predicted. We do not try. We focus on the decisions that can improve the probability of success and that we can actually control.

That means portfolios that are low-cost and broadly diversified, built to the specific job the money has to do, and managed with enough discipline that a bad month in the market does not turn into a bad decision.

Read why the firm is built this way →

01
Take risk with purpose.Every exposure in the portfolio is there because of what it contributes to the whole, not because it is fashionable.
02
Diversify intentionally.Broad, transparent holdings across asset classes. No proprietary products, no house views to sell.
03
Manage costs and taxes.Low expense ratios, careful account location, tax-aware trading and lot-level tracking. Costs are one of the few things you can control.
04
Rebalance with discipline.Rules set in advance, applied when the portfolio drifts, so the plan does the reacting instead of you.

The process

Four steps, from mandate to oversight.

The same process for a family portfolio, a trust, or a related entity. What changes is the policy, not the discipline.

01 · Investment policy

Define the mandate

Objectives, time horizon, liquidity needs, tax considerations, risk parameters and any constraints, written down before a dollar is invested.

02 · Portfolio design

Translate policy into allocation

A diversified allocation in which each exposure is selected for how it contributes to the total portfolio.

03 · Implementation

Invest with care

Attention to cost, tax efficiency, account location, liquidity and the role of legacy or concentrated positions.

04 · Oversight

Monitor and revisit

Rebalance when appropriate and revisit the mandate as goals, distributions or circumstances change.

After-tax return

The account it sits in matters as much as what it is.

Two households can hold the same investments and keep very different amounts after tax. The difference is structure: which account holds what, and whether the household's money is managed as one portfolio or one account at a time.

That structural work, done well and kept up, is a large part of what the fee buys on the investment side. It is also most of what is genuinely hard to do on your own.

How we think about the fee →

01
One household, one allocation.We manage your accounts and your spouse's as a single portfolio built to one target, not several accounts each trying to be balanced on their own. That coordinated view is what makes the rest of this possible.
02
Asset location.Income-heavy holdings like bonds go in the IRA and 401(k), where the yield is not taxed each year. Broad stock index funds go in the taxable account, where gains are taxed at long-term rates and losses can be harvested. The overall allocation stays the same. What changes is how much of the return survives tax each year.
03
Tax-aware management.Losses are harvested when they appear, not just in December. Sales use specific tax lots. New contributions and withdrawals do the rebalancing before anything is sold, so the portfolio stays on target without creating avoidable gains.

Reporting & performance review

Know what you own, how it is performing and whether it remains on track.

Blackshire Wealth Management provides ongoing portfolio reporting designed to make the investment strategy understandable and reviewable: holdings and allocation, account values, portfolio activity and investment performance.

Performance is reviewed against the portfolio's objectives and the financial plan, not as a standalone scorecard. You also receive official statements directly from Charles Schwab, so there is always an independent record.

For families, trustees & related entities

A process that is clear, disciplined and defensible.

For fiduciary relationships, investment policy can incorporate governing documents, beneficiary needs, required distributions, liquidity reserves, legacy holdings and coordination with legal and tax counsel.

Each trust or entity gets its own account, its own written policy and its own reporting, so a trustee, executor or co-fiduciary has a file that stands on its own. See how this connects to family continuity planning →

Your team

Personal accountability. Institutional resources.

Blackshire Wealth Management remains responsible for translating your objectives into an investment mandate and keeping the portfolio connected to taxes, estate strategy and the rest of your financial life.

Henry Supinski, Founder & CEO · Ron Madey, CFA, Chief Investment Officer · Ken Kideckel, CFA, CFP®, Head of Portfolio Management & Trading. Meet the full team →

Fee-only. Paid by clients and no one else. No commissions, product sales, referral payments or revenue sharing.

Fiduciary. Obligated to act in your best interest, in writing, at all times.

Independent custody. Assets held in your name at Charles Schwab. We manage, we never hold.

One relationship. Investments, taxes, retirement income and estate coordination handled together, by one team.

Engagement & fees

Straightforward pricing. No commissions.

Our advisory fee is based on assets under management and declines as the relationship grows. Related household and entity accounts may be aggregated where permitted, so families and their entities reach lower tiers together.

The full schedule is in our Form ADV Part 2A and in the advisory agreement, and we will walk you through it on the first call. There is no fee for that call.

Schedule an Introductory Conversation Read Our Form CRS

How we chargeA single annual advisory fee, calculated on assets under management, with rates that step down at higher asset levels.
Relationship minimumTypically $500,000 in assets under management. Household and related entity accounts are considered together.
BillingQuarterly, deducted from the account as described in the advisory agreement. Every fee appears on your Schwab statement.
What it coversInvestment policy, portfolio design and implementation, ongoing oversight and rebalancing, performance reporting, and coordination with your tax and legal advisors.
CompensationFee-only. No commissions, product sales, referral payments or revenue sharing.

Common questions

Investment management, answered.

How is Blackshire Wealth Management paid for investment management?

By a single advisory fee based on assets under management, paid by you and no one else. No commissions, product sales, referral payments or revenue sharing. The fee is billed quarterly and appears on your custodial statement.

Where are my assets held?

In your own name at Charles Schwab, an independent qualified custodian. Blackshire Wealth Management manages the accounts and never takes custody. You receive official statements directly from Schwab in addition to our reporting.

What is asset location, and why does it matter?

Asset location is deciding which of your accounts holds which investments, based on how each account is taxed. Income-producing holdings like bonds are more efficient inside a 401(k) or IRA, where the income is not taxed until withdrawal. Broad stock funds are more efficient in a taxable account, where long-term capital gains rates apply and losses can be harvested. Holding the same overall allocation but locating it deliberately can add to your after-tax return over time, with no change to how the portfolio is invested or the risk it carries.

Do you manage my accounts and my spouse's together?

Yes. We manage the household's accounts as one portfolio with one target allocation, rather than treating each account as its own balanced portfolio. Managing them together is what makes asset location and tax-aware rebalancing possible. Related household and entity accounts are also considered together for the fee schedule, so a family reaches lower rate tiers as one relationship.

Is there a minimum?

The typical relationship minimum is $500,000 in assets under management. Household and related entity accounts are considered together, so a family with several accounts or a trustee with several entities is looked at as one relationship.

Who actually manages the portfolio?

You work directly with Henry Supinski. Portfolio construction, research, trading and ongoing oversight are supported by the Wealthcare Advisory Partners investment team, including CFA charterholders. Blackshire Wealth Management remains responsible for translating your objectives into a mandate and keeping the portfolio connected to the rest of your financial life. Meet the team.

Do you manage trust and entity accounts?

Yes. For fiduciary relationships, investment policy can incorporate governing documents, beneficiary needs, required distributions, liquidity reserves, legacy holdings and coordination with legal and tax counsel. Each entity gets its own account, policy and reporting.

Investment management connected to the purpose of your wealth.