About the Firm

Convexity refers to the performance profile of a portfolio. A convex portfolio is designed to limit exposure on the downside when markets fall, while still seeking to participate in the upside when markets rise. The intended result is a return profile that curves favorably relative to a linear benchmark — hence the term convexity.

In practice, that means pursuing a more stable, consistent, and deliberate trajectory toward your financial goals — with the potential for meaningful protection during downturns and participation in recoveries. A convex portfolio seeks to generate more return per unit of risk than a conventional approach. Learn more about our strategy →

Our clients come from a wide range of professional and financial backgrounds. We do not require a minimum account size and are committed to helping anyone who is serious about building and preserving their wealth thoughtfully.

Convexity holds limited agent authorization on client accounts. This authorizes us to purchase, sell, and rebalance investments within your account on your behalf. We cannot withdraw assets, transfer funds to third parties, or take possession of client money. All account activity is visible to you at all times through your custodian's online portal.

Client assets are held in custody by The Vanguard Group and Charles Schwab — both members of SIPC, which protects securities up to $500,000 (including $250,000 for cash claims) in the event of a brokerage failure. Both custodians carry additional insurance through Lloyd's of London: Vanguard provides up to $49.5 million per customer for securities ($250 million aggregate), and Schwab provides up to $150 million per customer for securities ($600 million aggregate). It is important to note that SIPC protection does not cover market losses. Convexity has limited agent authorization on client accounts, meaning we can execute investment transactions on your behalf but cannot withdraw or transfer assets.

Convexity uses both The Vanguard Group and Charles Schwab as client account custodians. Vanguard was founded in 1975 and is one of the world's largest investment managers. Schwab is one of the most established and trusted names in financial services. Both are independent third parties — your assets are held in your name, and Convexity never takes possession of client funds.

There is a balance between holding enough cash and holding too much. As a general rule, having 3–12 months of living expenses in liquid reserves is prudent — the right amount depends on your personal situation and risk tolerance. Any cash above that level should be working for you. During inflationary periods, a money market fund or short-duration investment earning near prevailing interest rates is typically a better home for idle cash than a standard savings account.

Approximately 75% less than a typical full-service wealth manager, based on industry cost estimates.* Our advisory management fee averages approximately 0.41% annually. Combined with fund expense ratios of approximately 0.08%, our clients pay roughly 0.50% per year in total. See the fee comparison above for sources and methodology.

Under the Tax Cuts and Jobs Act (TCJA) of 2017, investment advisory fees paid from non-retirement (taxable) accounts are no longer deductible as a miscellaneous itemized deduction. Fees paid from IRAs or other retirement accounts are handled differently — please consult your tax adviser for guidance specific to your situation.

No. Convexity does not charge any fees to help you transition from your current advisor. We are happy to guide you through the process and handle the paperwork on your behalf.

The best time to invest was, almost always, in the past. Which means the second best time is usually now. That said, timing and sequencing matter — we help clients think through how to position capital given their specific circumstances rather than applying a one-size-fits-all answer.

It helps to have a sense of your short- and long-term financial goals. Information about your current financial picture — assets and liabilities, income, insurance policies, and any existing budget or savings plan — will allow us to make the most of your initial conversation. That said, we are happy to start from wherever you are.

The first step is a conversation — no obligation, no pressure. We'll discuss your financial situation, your goals, and what you're looking for in an advisor. If it's a good fit, we'll outline a recommended approach and walk you through the account-opening process with your custodian. Most clients are fully onboarded within a few weeks.