I’m the Founder and CEO of Reppond Investments, Inc. I’m passionate about helping people invest their assets using active strategies that have a goal of reducing risk while growing returns. Growing wealth for my clients has been a personal journey for me.
I’ve conducted thousands of hours of research and studied the best minds in the world around one key question:
Years of Research
Hours of Research
Who is Reppond Investments, Inc.?
At Reppond, we believe the investment advisory industry often neglects to disclose adequately the risks versus potential rewards about products and services offered to individual investors. Ben strives to deliver superior investment advice while being completely transparent regarding known and potential risks to the individual investor. He does this through educational seminars, newsletters, and through the resources found on this website. Ben is also willing to meet individually with potential clients to discuss their financial needs and goals in light of what he sees regarding current and future potential market risk.
Ben earned his reputation for professional integrity and fiscal soundness during his decades-long career in the financial services industry. He served as a Washington State Insurance Commissioner appointed member of the Board of Advisors. He also built one of the largest employee benefits advisory firms in the United States, serving such local organizations as Overlake Hospital, the Bill and Melinda Gates Foundation, Coinstar, T-Mobile, and the Bellevue School District, among others.
Reppond Investments, Inc. is headquartered in Bigfork, Montana. Recently, he spoke about risk-averse investing to the Montana Governor’s Conference on Aging in Helena, MT. He is also teaching a class at Flathead Valley Community College on “Understanding the Basics of Stock Market Investing.”
What kind of research took Ben 14,000 hours?
In his research, Ben found many differences between the thinking and strategies of the traditional financial planners and those who manage money for the wealthy. In light of his findings, he narrowed his focus to the methodologies used by the wealthiest investors. In his study, he looked for confirmation of thinking among those investment managers with the best reputations and who were using best practices. He then had software built to test his ideas until, in his view, the soundest and most risk-averse strategies emerged.
There is likely no shortcut to developing a sound methodology that is designed to achieve consistent returns in the stock market. For Ben, as it would be for anyone, it took more than 10,000 hours. His research continues today. He now says that the research is up to over 14,000 hours.
How did Ben arrive at investment strategies and what makes them significant?
Secondly, Ben has been willing to spend the time necessary to find and test solid and logical ideas in developing his risk-averse investment strategies. He says that it takes a lot of time, energy and commitment necessary to do this kind of hard research. He believes that hard research can lead to innovative discoveries that can potentially lower risk in investment strategies.
How does Reppond Investments, Inc. attempt to minimize investment risk during “bear market” conditions?
What advice does Reppond Investments, Inc. give to help one protect against high - or hyperinflation?
Therefore, using some allocation of gold and/or silver can be used as a strategy to hedge amidst these uncertainties. Ben will recommend an allocation of monies best suited for the details of a client’s particular situation. He will also provide information about ways to purchase and store physical gold and silver. Please keep in mind, all information and ideas should be discussed in detail with Ben prior to implementation.
*Investing in precious metals, like gold and silver coins or bars, is subject multiple risks and is not suitable for all investors. The precious metals market is speculative, unregulated, and volatile and prices for these items may rise or fall over time and there is no guarantee you will not lose money.
Is Reppond Investments, Inc. a fiduciary?
The clearest distinction between those who are fiduciaries and those who are not can be found when comparing an investment advisory firm with a broker/dealer. The investment advisory firm is a fiduciary and a broker dealer is NOT a fiduciary.
Mutual fund loads are totally avoidable. They’re essentially a sales charge, paid by the investor to compensate the broker or financial advisor who sold the fund. According to time.com, a front-end loaded fund charges you a fee (generally between 3% and 8.5%) when you buy shares of that fund, while a back-end loaded fund charges a fee when you sell shares (typically between 3% and 6%). How can a broker or financial advisor be a fiduciary if they are receiving an upfront sales commission to sell a particular product?
As a registered investment adviser, Reppond Investments, Inc. operates as a true fiduciary under a. This registration requires that the advisor do what is in the best interest of the client – ahead of their own interests. Reppond does not accept commissions and does not sell products that pay any form of compensation to Ben Reppond or Reppond Investments, Inc.
How does Reppond Investments, Inc. get paid?
Make sure that you are working with a “fee-only advisor” who is not compensated by any form of commissions. The industry is clever about disguising various ways of making money from client assets – both implicit and explicit. It’s important to review the disclosure documents (Form ADV 2) that are required to be provided to every potential client of a registered advisory firm.
Reppond Investments, Inc. only charges a fee based on assets under management and does not use commission based products or accept commissions of any kind. The maximum fee is 1.5% per year and can be lower based on amount of assets being managed.
What services do I receive for the fee charged?
Reppond Investments, Inc. uses an active investment management approach. This means that the client’s account is monitored on a continual basis to determine how much of the client’s assets should be exposed to the market, based on a complex set of criteria. The purpose of this is to attempt to optimize performance and minimize risk. The client pays for this level of attention to their account.
The client gets access to reporting software that allows them to monitor their accounts real-time in a manner that is easy to understand.
Finally, the client has access to Ben Reppond during normal business hours to be able to talk with him about their individual situation, the markets in general or general business or financial advice.
How will our relationship work?
It is recommended that the client have periodic meetings with Ben Reppond to talk about changing circumstances, views and needs. The frequency will depend on each client’s situation and desires.
What is the investment philosophy of Reppond Investments, Inc.?
Whether a client uses a conservative, moderate or more aggressive investing approach, we believe managing downside risk is the key to more optimal rates of return.
What asset allocation will you use?
Traditional asset allocation models focus more on the mix of assets, but Reppond focuses more on when it is most advantageous for the client to have market exposure and when it is not.
What custodians does Reppond Investments, Inc. use?
Reppond Investments, Inc. uses two independent and nationally recognized custodians – TD Ameritrade Institutional and Nationwide Financial.
What investment benchmarks do you use?
Reppond Investments, Inc. uses the S&P 500 as its benchmark. Our goal is to outperform the benchmark over time, especially on a risk-adjusted basis. Risk-adjusted return refines an investment’s return by measuring how much risk is involved in producing that return, which is generally expressed as a number or rating.
What tax hit do I face if I choose Reppond Investments, Inc.?
When the Nationwide tax deferred flat-fee annuity is used, taxes are also deferred – even if the client account experiences investment gains along the way. When money is withdrawn from the annuity, the gains are taxed first. The amount the client started with (the basis) is never taxed when it is withdrawn.
In other words, all of the gains that a person has in their account under either of these structures is either completely tax free (with a Roth IRA) or is tax deferred and is not taxable in the current tax year, as long as the assets stay inside these structures with these custodians.