Our Philosophy Since 1998, McNamara Capital Management has been providing wealth management to individuals, trusts, estates and retirement plans.We pride ourselves on offering our clients exceptional service without the high costs associated with the majority of the financial services industry. Our portfolios are designed to minimize taxes and transaction costs that might otherwise detract from returns. We maintain a rebalancing schedule to help the portfolio maintain it’s target allocation. We recognize behavioral traits sometimes lead investors to make decisions based on their emotions rather than their long-term goals. It is our job to help investors avoid these mistakes and maintain their discipline during volatile markets.Our firm believes in utilizing a passive investment approach. Our equity portfolios are globally diversified across a wide range of asset classes, including both large and small company stocks, value (high BtM) and growth, international and emerging markets. We believe the funds offered by Dimensional Fund Advisors (DFA) offer the best way for investors to capture the returns of the capital markets.Our fixed income portfolios utilize individual issues as well as bond funds and ETFs. We believe the fixed income portion of a portfolio should provide stability and a reliable source of income. Relative performance in fixed income is largely driven by two measures; maturity and credit quality. Shorter duration bonds of high quality (AA/AAA) help reduce a portfolio’s volatility and can help an investor maintain discipline during volatile times. Having the right asset mix is the key to long-term success. A rebalancing schedule will assist in maintaining an allocation that fits the desired level of risk.For tax-deferred accounts an allocation to TIPS (Treasury Inflation Indexed Bonds) are an effective way to preserve purchasing power by protecting investors against the risk of inflation. TIPS are issued by the U.S. Treasury and have a fixed rate of interest. However, because the principal is adjusted according to changes in the Consumer Price Index (CPI), the dollar amount of the interest payment also goes up and down. When these securities mature, the U.S. Treasury pays the original or adjusted principal, whichever is greater. TIPS pay interest twice a year, at a fixed rate. Although TIPS are exempt from local and state taxes, the interest paid is ordinary income and subject to federal income tax. Each payment of interest as well as the increase in value of principal must be included as income on an investor’s income tax return. For this reason, TIPS are best held in an investor’s tax-deferred account (IRA).